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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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WDC's fiscal first-quarter top-line performance is likely to have been driven by strength in the cloud segment, especially higher nearline shipments.
Gear Up for Western Digital (WDC) Q1 Earnings: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Western Digital (WDC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Western Digital owes $315.7 million for infringing data security patent, US jury says
Data storage provider Western Digital must pay $315.7 million in damages for violating a patent owner's rights in data security technology, a jury in California federal court said on Friday.
Here is What to Know Beyond Why Western Digital Corporation (WDC) is a Trending Stock
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 (WDC) Outperforms Broader Market: What You Need to Know
Western Digital (WDC) reachead $67.79 at the closing of the latest trading day, reflecting a +1.25% change compared to its last close.
Western Digital SSDs Certified for NVIDIA GB200 NVL72 for AI Systems
WDC's enterprise-grade SSDs are certified to drive the NVIDIA GB200 NVL72 rack-scale system, meeting the rising demands of AI-powered environments.
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Western Digital Enterprise SSDs Certified to Support NVIDIA GB200 NVL72 System for Compute-Intensive AI Environments
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced that its PCIe® Gen5 DC SN861 E.1S enterprise-class NVMe™ SSDs have been certified to support the NVIDIA® GB200 NVL72 rack-scale system. The rapid rise of AI, ML, and large language...
Western Digital to Announce First Quarter Fiscal Year 2025 Financial Results on October 24, 2024
SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its first quarter fiscal year 2025 financial results after the market closes on Thursday, October 24, 2024. The investment community conference call to discuss these results will be held...
Western Digital (WDC) Suffers a Larger Drop Than the General Market: Key Insights
In the latest trading session, Western Digital (WDC) closed at $64.05, marking a -0.67% move from the previous day.
Source: https://incomestatements.info
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