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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 |
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Western Digital Corporation (WDC) Q1 2025 Earnings Call Transcript
Western Digital Corporation (NASDAQ:WDC ) Q1 2025 Earnings Conference Call October 24, 2024 4:30 PM ET Company Participants Peter Andrew - Vice President of Financial Planning and Analyst and Investor Relations David Goeckeler - Chief Executive Officer Wissam Jabre -...
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Western Digital (WDC) Q1 Earnings Surpass Estimates
Western Digital (WDC) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to loss of $1.76 per share a year ago.
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Western Digital Corp topped Wall Street estimates for quarterly profit on demand for its data-storage products from cloud service providers, sending its shares up 9% in extended trading on Thursday.
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Western Digital stock jumped late Thursday, after the data storage company reported a September quarter earnings beat.
Brokers Suggest Investing in Western Digital (WDC): Read This Before Placing a Bet
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?
Source: https://incomestatements.info
Category: Stock Reports