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Complete financial analysis of Western Digital Corporation (WDC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Western Digital Corporation, a leading company in the Computer Hardware industry within the Technology sector.
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Western Digital Corporation (WDC)
About Western Digital Corporation
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications; and flash-based memory wafers. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions for data storage systems and tiered storage models; and data storage platforms. In addition, it offers client solutions, such as external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field back up of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the G-Technology, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.00B | 12.32B | 18.79B | 16.92B | 16.74B | 16.57B | 20.65B | 19.09B | 12.99B | 14.57B | 15.13B | 15.35B | 12.48B | 9.53B | 9.85B | 7.45B | 8.07B | 5.47B | 4.34B | 3.64B | 3.05B | 2.72B | 2.15B | 1.95B | 1.96B | 2.77B | 3.54B | 4.18B | 2.87B | 2.13B | 1.54B | 1.23B | 938.30M | 986.20M | 1.07B | 992.10M | 768.30M | 462.50M | 277.60M |
| Cost of Revenue | 10.06B | 10.43B | 12.92B | 12.40B | 12.96B | 12.82B | 12.94B | 13.02B | 9.56B | 10.35B | 10.77B | 10.99B | 8.84B | 7.74B | 7.45B | 6.12B | 6.34B | 4.57B | 3.51B | 3.05B | 2.59B | 2.28B | 1.87B | 1.75B | 1.87B | 2.64B | 3.33B | 3.46B | 2.43B | 1.69B | 1.18B | 989.40M | 776.90M | 769.30M | 760.80M | 666.50M | 512.50M | 274.30M | 164.00M |
| Gross Profit | 2.95B | 1.89B | 5.87B | 4.52B | 3.78B | 3.75B | 7.71B | 6.07B | 3.44B | 4.22B | 4.36B | 4.36B | 3.64B | 1.79B | 2.40B | 1.34B | 1.74B | 900.00M | 828.80M | 589.80M | 461.60M | 442.90M | 281.60M | 207.74M | 86.52M | 128.20M | 206.60M | 713.80M | 433.60M | 437.70M | 364.10M | 235.80M | 161.40M | 216.90M | 309.70M | 325.60M | 255.80M | 188.20M | 113.60M |
| Gross Profit Ratio | 22.65% | 15.32% | 31.26% | 26.72% | 22.59% | 22.64% | 37.32% | 31.80% | 26.44% | 28.97% | 28.82% | 28.42% | 29.16% | 18.80% | 24.38% | 17.94% | 21.54% | 16.46% | 19.09% | 16.21% | 15.15% | 16.29% | 13.09% | 10.63% | 4.42% | 4.63% | 5.83% | 17.09% | 15.13% | 20.54% | 23.65% | 19.25% | 17.20% | 21.99% | 28.93% | 32.82% | 33.29% | 40.69% | 40.92% |
| Research & Development | 1.91B | 2.01B | 2.32B | 2.24B | 2.26B | 2.18B | 2.40B | 2.44B | 1.63B | 1.65B | 1.66B | 1.57B | 1.06B | 703.00M | 611.00M | 509.00M | 464.00M | 306.00M | 297.20M | 238.50M | 201.00M | 134.70M | 120.13M | 122.51M | 163.20M | 217.00M | 203.70M | 150.20M | 150.40M | 130.80M | 112.80M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 756.00M | 901.00M | 1.03B | 1.02B | 1.06B | 1.21B | 1.47B | 1.45B | 997.00M | 773.00M | 761.00M | 706.00M | 457.00M | 265.00M | 238.00M | 201.00M | 220.00M | 179.00M | 165.70M | 154.00M | 106.00M | 121.00M | 111.00M | 119.00M | 138.32M | 196.00M | 192.00M | 199.00M | 154.00M | 130.00M | 113.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 56.00M | 69.00M | 88.00M | 84.00M | 93.00M | 107.00M | 112.00M | 89.00M | 60.00M | 71.00M | 60.00M | 61.00M | 61.00M | 42.00M | 27.00M | 0.00 | 0.00 | 0.00 | 0.00 | 400.00K | -300.00K | 400.00K | -203.00K | 121.00K | 0.00 | 0.00 | 100.00K | -500.00K | 200.00K | 300.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 828.00M | 970.00M | 1.12B | 1.11B | 1.15B | 1.32B | 1.47B | 1.45B | 997.00M | 773.00M | 761.00M | 706.00M | 518.00M | 307.00M | 265.00M | 201.00M | 220.00M | 179.00M | 165.70M | 154.40M | 105.70M | 121.40M | 110.80M | 119.12M | 138.32M | 196.00M | 192.10M | 198.50M | 154.20M | 130.30M | 113.20M | 192.10M | 177.60M | 199.30M | 222.20M | 221.60M | 170.30M | 111.90M | 70.10M |
| Other Expenses | 527.00M | 193.00M | 30.00M | 26.00M | 4.00M | 38.00M | -916.00M | -364.00M | -73.00M | 191.00M | 147.00M | 819.00M | 294.00M | 0.00 | 0.00 | 108.00M | 49.00M | 0.00 | 0.00 | -400.00K | 300.00K | -400.00K | -797.00K | -1.12M | 78.45M | 61.00M | -100.00K | -500.00K | 800.00K | -300.00K | 46.20M | 53.70M | 50.80M | 53.80M | 47.60M | 45.20M | 28.60M | 18.00M | 12.90M |
| Operating Expenses | 3.26B | 2.98B | 3.44B | 3.35B | 3.41B | 3.50B | 3.87B | 3.89B | 2.62B | 2.42B | 2.42B | 2.28B | 1.79B | 1.01B | 876.00M | 710.00M | 684.00M | 485.00M | 462.90M | 392.90M | 154.90M | 256.10M | 230.93M | 241.64M | 379.97M | 544.10M | 502.40M | 412.20M | 356.20M | 304.70M | 272.20M | 245.80M | 228.40M | 253.10M | 269.80M | 266.80M | 198.90M | 129.90M | 83.00M |
| Cost & Expenses | 13.32B | 13.41B | 16.36B | 15.75B | 16.37B | 16.32B | 16.82B | 16.91B | 12.18B | 12.77B | 13.19B | 13.27B | 10.63B | 8.75B | 8.33B | 6.83B | 7.02B | 5.05B | 3.98B | 3.44B | 2.74B | 2.53B | 2.10B | 1.99B | 2.25B | 3.18B | 3.84B | 3.88B | 2.79B | 2.00B | 1.45B | 1.24B | 1.01B | 1.02B | 1.03B | 933.30M | 711.40M | 404.20M | 247.00M |
| Interest Income | 39.00M | 24.00M | 6.00M | 7.00M | 28.00M | 57.00M | 60.00M | 26.00M | 26.00M | 15.00M | 17.00M | 11.00M | 12.00M | 9.00M | 4.00M | 9.00M | 27.00M | 0.00 | 19.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 417.00M | 275.00M | 268.00M | 293.00M | 381.00M | 469.00M | 1.53B | 1.19B | 266.00M | 49.00M | 56.00M | 55.00M | 26.00M | 1.00M | 9.00M | 27.00M | 52.00M | 0.00 | 3.70M | 5.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.00M | 0.00 | 13.00M | 9.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 568.00M | 828.00M | 929.00M | 1.21B | 1.57B | 1.81B | 2.06B | 2.13B | 1.15B | 1.11B | 1.24B | 1.23B | 825.00M | 602.00M | 510.00M | 479.00M | 413.00M | 210.00M | 159.80M | 134.80M | 101.70M | 50.40M | 45.79M | 51.91M | 78.45M | 131.10M | 106.60M | 63.50M | 51.60M | 43.60M | 46.20M | 53.70M | 50.80M | 53.80M | 47.60M | 45.20M | 28.60M | 18.00M | 12.90M |
| EBITDA | 324.00M | -400.00M | 3.60B | 2.32B | 1.93B | 2.03B | 5.89B | 3.75B | 1.97B | 2.90B | 3.12B | 2.51B | 2.61B | 1.39B | 2.04B | 997.00M | 1.43B | 625.00M | 545.20M | 331.70M | 408.40M | 186.80M | 50.68M | 30.43M | -189.76M | -284.80M | -189.20M | 365.10M | 129.00M | 176.60M | 138.10M | 43.70M | -16.20M | 17.60M | 87.50M | 104.00M | 85.50M | 76.30M | 43.50M |
| EBITDA Ratio | 2.49% | -2.14% | 17.89% | 14.09% | 11.55% | 13.46% | 28.52% | 22.59% | 14.76% | 21.32% | 22.00% | 26.95% | 22.09% | 14.52% | 20.66% | 16.29% | 18.79% | 11.43% | 12.11% | 9.12% | 13.40% | 8.67% | 4.48% | 3.62% | -6.60% | -8.09% | -5.79% | 8.42% | 3.44% | 7.72% | 8.97% | 3.57% | -3.59% | 10.05% | 8.05% | 10.31% | 10.79% | 16.50% | 15.02% |
| Operating Income | -317.00M | -1.29B | 2.39B | 1.22B | 335.00M | 419.00M | 3.62B | 1.95B | 466.00M | 1.61B | 1.79B | 1.27B | 1.77B | 781.00M | 1.53B | 519.00M | 1.01B | 415.00M | 365.90M | 196.90M | 306.70M | 186.80M | 50.68M | -33.90M | -293.45M | -415.90M | -295.80M | 301.60M | 77.40M | 133.00M | 91.90M | -10.00M | -67.00M | -36.20M | 39.90M | 58.80M | 56.90M | 58.30M | 30.60M |
| Operating Income Ratio | -2.44% | -10.43% | 12.72% | 7.21% | 2.00% | 2.53% | 17.52% | 10.23% | 3.59% | 11.06% | 11.84% | 8.25% | 14.19% | 8.20% | 15.48% | 6.96% | 12.46% | 7.59% | 8.43% | 5.41% | 10.07% | 6.87% | 2.36% | -1.74% | -14.99% | -15.03% | -8.35% | 7.22% | 2.70% | 6.24% | 5.97% | -0.82% | -7.14% | -3.67% | 3.73% | 5.93% | 7.41% | 12.61% | 11.02% |
| Total Other Income/Expenses | -344.00M | -265.00M | -268.00M | -293.00M | -381.00M | -374.00M | -1.53B | -1.19B | -313.00M | -34.00M | -39.00M | -44.00M | -14.00M | -1.00M | -5.00M | -18.00M | -25.00M | 28.00M | 15.80M | 5.40M | -152.90M | 1.60M | 1.42M | -53.12M | -55.55M | -77.10M | 3.80M | 13.20M | 30.50M | 12.00M | -5.90M | 0.00 | -4.40M | -96.30M | -7.70M | -13.40M | -1.80M | -800.00K | -2.80M |
| Income Before Tax | -661.00M | -1.56B | 2.12B | 927.00M | -46.00M | -287.00M | 2.09B | 769.00M | 153.00M | 1.58B | 1.75B | 1.22B | 1.76B | 780.00M | 1.52B | 501.00M | 981.00M | 443.00M | 381.70M | 202.30M | 155.20M | 188.40M | 52.10M | -87.00M | -374.42M | -493.00M | -292.00M | 314.80M | 107.90M | 145.00M | 86.00M | 0.00 | -71.40M | -132.50M | 32.20M | 45.40M | 55.10M | 57.50M | 27.80M |
| Income Before Tax Ratio | -5.08% | -12.66% | 11.30% | 5.48% | -0.27% | -1.73% | 10.10% | 4.03% | 1.18% | 10.82% | 11.58% | 7.96% | 14.08% | 8.19% | 15.43% | 6.72% | 12.15% | 8.10% | 8.79% | 5.56% | 5.09% | 6.93% | 2.42% | -4.45% | -19.13% | -17.82% | -8.25% | 7.53% | 3.77% | 6.80% | 5.59% | 0.00% | -7.61% | -13.44% | 3.01% | 4.58% | 7.17% | 12.43% | 10.01% |
| Income Tax Expense | 137.00M | 146.00M | 623.00M | 106.00M | 204.00M | 467.00M | 1.41B | 372.00M | -89.00M | 112.00M | 135.00M | 242.00M | 145.00M | 54.00M | 138.00M | 31.00M | 114.00M | -121.00M | -12.90M | 3.90M | 3.90M | 7.60M | -1.14M | 64.97M | -19.50M | 76.80M | -1.80M | 47.20M | 11.00M | 21.70M | 12.90M | 15.10M | 1.50M | 1.70M | 8.00M | 11.10M | 12.10M | 14.70M | 7.20M |
| Net Income | -798.00M | -1.71B | 1.55B | 821.00M | -250.00M | -754.00M | 675.00M | 397.00M | 242.00M | 1.47B | 1.62B | 980.00M | 1.61B | 726.00M | 1.38B | 470.00M | 867.00M | 564.00M | 394.60M | 198.40M | 151.30M | 182.10M | 65.43M | -98.86M | -188.02M | -492.70M | -290.20M | 267.60M | 96.90M | 123.30M | 73.10M | -25.10M | -72.90M | -134.20M | 24.20M | 34.30M | 43.00M | 42.80M | 20.60M |
| Net Income Ratio | -6.14% | -13.85% | 8.23% | 4.85% | -1.49% | -4.55% | 3.27% | 2.08% | 1.86% | 10.05% | 10.69% | 6.38% | 12.92% | 7.62% | 14.03% | 6.31% | 10.74% | 10.31% | 9.09% | 5.45% | 4.97% | 6.70% | 3.04% | -5.06% | -9.60% | -17.81% | -8.19% | 6.41% | 3.38% | 5.79% | 4.75% | -2.05% | -7.77% | -13.61% | 2.26% | 3.46% | 5.60% | 9.25% | 7.42% |
| EPS | -2.61 | -5.36 | 4.81 | 2.69 | -0.84 | -2.58 | 2.27 | 1.38 | 1.01 | 6.31 | 6.88 | 4.07 | 6.69 | 3.14 | 6.06 | 2.12 | 3.92 | 2.57 | 1.84 | 0.94 | 0.73 | 0.91 | 0.35 | -0.60 | -1.61 | -5.51 | -3.32 | 3.07 | 1.05 | 1.28 | 0.89 | -0.40 | -1.25 | -2.30 | 0.41 | 0.59 | 0.76 | 0.89 | 0.52 |
| EPS Diluted | -2.61 | -5.36 | 4.75 | 2.66 | -0.84 | -2.58 | 2.20 | 1.34 | 1.00 | 6.18 | 6.68 | 3.98 | 6.58 | 3.09 | 5.93 | 2.08 | 3.84 | 2.50 | 1.76 | 0.90 | 0.69 | 0.87 | 0.34 | -0.60 | -1.61 | -5.51 | -3.32 | 2.86 | 1.01 | 1.24 | 0.85 | -0.40 | -1.25 | -2.30 | 0.41 | 0.59 | 0.76 | 0.83 | 0.51 |
| Weighted Avg Shares Out | 326.00M | 318.00M | 312.00M | 305.00M | 298.00M | 292.00M | 297.00M | 288.00M | 239.00M | 232.00M | 235.00M | 241.00M | 241.00M | 231.00M | 228.00M | 222.00M | 221.00M | 219.00M | 215.00M | 208.51M | 205.21M | 200.11M | 189.00M | 165.16M | 116.98M | 89.48M | 87.53M | 87.17M | 92.29M | 96.40M | 82.73M | 62.75M | 58.32M | 58.35M | 59.02M | 58.14M | 56.58M | 48.09M | 39.62M |
| Weighted Avg Shares Out (Dil) | 326.00M | 318.00M | 316.00M | 309.00M | 298.00M | 292.00M | 307.00M | 296.00M | 242.00M | 237.00M | 242.00M | 246.00M | 245.00M | 235.00M | 233.00M | 226.00M | 226.00M | 226.00M | 224.00M | 217.78M | 217.10M | 209.31M | 193.70M | 165.16M | 116.98M | 89.48M | 87.53M | 93.57M | 95.94M | 102.84M | 91.36M | 62.75M | 58.32M | 58.35M | 59.02M | 58.14M | 56.58M | 51.57M | 40.39M |
Western Digital Corporation (WDC) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Western Digital (WDC). This makes it worthwhile to examine what the stock has in store.
Western Digital Corporation (WDC) Wells Fargo 8th Annual TMT Summit Conference (Transcript)
Western Digital Corporation (NASDAQ:WDC ) Wells Fargo 8th Annual TMT Summit Conference Call December 4, 2024 12:30 PM ET Company Participants Rob Soderbery - Executive Vice President, Flash Conference Call Participants Aaron Rakers - Wells Fargo Securities Aaron Rakers Perfect....
Western Digital Corporation (WDC) UBS Global Technology and AI Conference (Transcript)
Western Digital Corporation (NASDAQ:WDC ) UBS Global Technology and AI Conference Call December 3, 2024 6:55 PM ET Company Participants David Goeckeler - Chief Executive Officer Wissam Jabre - Executive Vice President and Chief Financial Officer Conference Call Participants Unidentified...
Western Digital (WDC) Exceeds Market Returns: Some Facts to Consider
Western Digital (WDC) closed at $73.43 in the latest trading session, marking a +0.6% move from the prior day.
Is Western Digital (WDC) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Western Digital: Prime Value Pick Ahead Of Spin-off In This Expensive Market
Western Digital's stock has surged ~35% YTD, driven by strong Q1 earnings and plans to spin off its flash and HDD segments. The AI supercycle is boosting demand for memory chips, enhancing Western Digital's revenue and gross margins, especially in...
Western Digital Corporation (WDC) is Attracting Investor Attention: Here is What You Should Know
Western Digital (WDC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Western Digital to Participate in Upcoming Investor Conferences
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced management participation in the following upcoming investor conferences: Event: UBS Global Technology and AI Conference Date: Tuesday, December 3, 2024 at 3:55 p.m. PT / 6:55 p.m. ET Event: Wells...
Western Digital CEO David Goeckeler Elected Chair of Semiconductor Industry Association
WASHINGTON , Nov. 21, 2024 /PRNewswire/ -- The Semiconductor Industry Association (SIA) today announced Western Digital (NASDAQ: WDC) CEO David Goeckeler has been elected Chair of the SIA Board of Directors. SIA represents 99% of the U.S. semiconductor industry by...
Western Digital Corporation (WDC) Is a Trending Stock: Facts to Know Before Betting on It
Western Digital (WDC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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