See more : Metalpha Technology Holding Limited (MATH) Income Statement Analysis – Financial Results
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.
You may be interested
- SQID Technologies Limited (SQID.CN) Income Statement Analysis – Financial Results
- Deswell Industries, Inc. (DSWL) Income Statement Analysis – Financial Results
- U.D. Electronic Corp. (3689.TWO) Income Statement Analysis – Financial Results
- Greenpanel Industries Limited (GREENPANEL.NS) Income Statement Analysis – Financial Results
- Biglari Holdings Inc. (BH-A) Income Statement Analysis – Financial Results
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, Udemy, Teladoc Health And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Thursday.
Western Digital Corporation (WDC) Q4 2024 Earnings Call Transcript
Western Digital Corporation (WDC) Q4 2024 Earnings Call Transcript
Western Digital (WDC) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Western Digital (WDC) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago...
Western Digital (WDC) Surpasses Q4 Earnings Estimates
Western Digital (WDC) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to loss of $1.98 per share a year ago.
Western Digital sees first-quarter revenue below estimates on weak demand for data storage products
Western Digital Corp forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling a slower-than-expected recovery in the company's data storage products.
Western Digital Displays Solid Potential Ahead of Q4 Earnings
Western Digital's (WDC) fiscal fourth-quarter performance is likely to have benefited from solid momentum in HDD.
3 Storage Devices Stocks to Watch in a Flourishing Industry
Continued momentum in cloud computing, IoT, auto, connected devices and AI is likely to favor the prospects of Zacks Computer - Storage Devices industry players like NTAP, WDC and PSTG amid macroeconomic headwinds.
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?
What's in Store for Western Digital (WDC) in Q4 Earnings
Western Digital's (WDC) fiscal fourth-quarter top-line performance is likely to have been driven by strength in the cloud segment, especially higher near-line shipments.
Down -13.22% in 4 Weeks, Here's Why You Should You Buy the Dip in Western Digital (WDC)
Western Digital (WDC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Source: https://incomestatements.info
Category: Stock Reports