Revenue segments as reported by the company.

Flash

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Employee termination, asset impairment and other charges

Business separation costs

Litigation matter

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Western Digital

SanDisk is a manufacturer of flash memory products, including memory cards and readers, USB flash drives, and solid state drives. As of February 2015, SanDisk is the third-largest manufacturer of flash memory. On May 12, 2016, SanDisk was acquired by hard drive manufacturer Western Digital in a US$19 billion deal.

SanDisk

HGST is a wholly owned subsidiary of Western Digital that sells hard disk drives, solid-state drives, and external storage products and services.

HGST

Western Digital Corp. engages in the development, manufacture, marketing, and sale of data storage devices and solutions. It operates through the Flash and Hard Disk Drive segments. The Flash segment represents flash-based data storage devices. The Hard Disk Drive segment provides hard disk storage solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Western Digital faces revenue decline but anticipates improvement and cost reduction

Western Digital's Q3 performance reflects a mixed picture with revenue and margin improvements in certain segments but overall decline in total revenue. The company is focused on proactive cost management, investment decisions, and automation to address ongoing financial challenges. Despite the current market environment, there are opportunities for improvement in the second half and cost reduction with BiCS8.

Western Digital faces revenue decline and operational challenges in Q2

Western Digital's Q2 performance reflects revenue decline, operational challenges, and strategic actions to reset the business. Despite facing headwinds in the cloud segment, the company is strengthening its financial position and focusing on cost reduction. Opportunities exist in market stabilization, product demand improvement, and strategic financial management.

Western Digital exceeds Q3 expectations amidst demand stabilization signs

Western Digital's Q3 performance showed resilience with signs of demand stabilization and strategic actions yielding positive results in both HDD and Flash businesses. While facing revenue challenges and margin pressures, the company remains focused on addressing network security incidents and optimizing cost management strategies.

Western Digital reports Q4 revenue growth and anticipates technology opportunities

Western Digital's Q4 performance showcased revenue growth in flash shipments, operational optimization, and stabilization of hard drive demand.
The company's strengths lie in executing an innovative product roadmap, enhancing liquidity, and anticipating growth in data center technologies.
Challenges include underutilization charges, margin management concerns, and the impact of lower CapEx on future investments.
Opportunities include expected growth in 26 terabyte drives, SMR technology adoption, and recovery in nearline units, presenting avenues for business expansion.

Western Digital plans to spin off flash business for growth

Western Digital's Q1 performance exceeded revenue expectations but reported a non-GAAP loss per share, with sequential growth in flash revenue and challenges in HDD revenue.
The company's strategic decision to spin off the flash business aims to unlock shareholder value and capitalize on the flash market's growth potential.
Opportunities lie in the HDD business's innovation and growth prospects, while challenges include underutilization charges and market weaknesses in China.
Dynamic management of wafer starts and a focus on profitability and free cash flow are key strategies moving forward for Western Digital.

Western Digital meets Q2 expectations, eyes NAND market growth

Western Digital's Q2 performance met expectations with strengths in flash business management and sequential revenue growth.
Challenges include operating losses, cash outflow, and client revenue decline due to flash ASP increase.
Opportunities lie in the growing demand for NAND bits at the edge, cost reduction trends, and emerging enterprise SSD market.
Overall, Western Digital's focus on product leadership and profitability improvement positions it for long-term success.

Western Digital exceeds Q3 expectations, focuses on AI growth

Western Digital's Q3 2024 earnings call showcased strong financial performance, exceeding revenue and EPS expectations.
The company is strategically positioned to capitalize on increasing AI demand, with a focus on profitability and market leadership.
Challenges include managing bit growth, monitoring AI impact on HDD demand, and maintaining gross margin targets.
Opportunities lie in leading technology development, tailored product offerings, and partnerships for market advantage.

Western Digital reports strong Q4 earnings, eyes growth opportunities

Western Digital's Q4 performance reflects solid revenue and earnings, driven by growth in Flash and HDD segments.
The company's strengths in innovation, market positioning, and strategic planning position it well for future growth.
While facing challenges such as dis-synergy costs and industry dynamics, Western Digital has opportunities to capitalize on market trends and drive further revenue growth.

Western Digital excels in Q1 2025 earnings, anticipates sequential growth

Western Digital's Q1 performance reflects a robust financial position with strong revenue and earnings growth. The company's strategic focus on Flash and HDD businesses, along with the ongoing separation process, positions it well for future opportunities and growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Western Digital (WDC) delivered earnings and revenue surprises of 12.24% and 1.63%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Western Digital (WDC) Q3 Earnings and Revenues Top Estimates

Western Digital's (WDC) Q3 performance is likely to gain from continued strong demand from cloud customers amid reduced flash availability.

Factors to Note Ahead of Western Digital (WDC) Q3 Earnings

Starbucks

These highly profitable and time-tested companies are screaming buys following a peak decline of 22% in the Nasdaq.

Nasdaq Bear Market: 3 Proven Winners You'll Regret Not Buying On the Dip

Citigroup

General Motors

Micron Technology

PulteGroup

After more than a decade of growth stocks outperforming value stocks, that trend has reversed in the past year. The Vanguard Value Index Fund ETF (NYSE: VTV) has generated a total return of 13.3% in the past 12 months, compared to just a 1.1% total return for the Vanguard Growth Index Fund ETF (.

5 Best Value Stocks To Buy With $100: Citigroup, General Motors And More

Western Digital (WDC) and Kioxia jointly invest in adding a sixth flash memory manufacturing facility to the Yokkaichi Plant.

Western Digital (WDC), Kioxia Invest to Enhance Memory Output

Corning

Whirlpool

The Vanguard Mid-Cap Value ETF has outperformed the S&P 500 in the past year. Some iconic companies have lost over 30% of their value in the past year.

3 Oversold Stocks From The Vanguard Mid-Cap Value ETF

TOKYO & SAN JOSE, Calif.--(BUSINESS WIRE)--Kioxia Corporation and Western Digital Corp. (NASDAQ: WDC) have finalized a formal agreement to jointly invest in the first phase of the Fab7 (Y7) manufacturing facility at Kioxia's industry-leading Yokkaichi Plant in the Mie Prefecture of Japan. With construction of the first phase of Y7 completed, the joint-venture investment will enable initial production output beginning in the fall of this year. This marks another important milestone in the 20-yea

Kioxia and Western Digital Jointly Invest in New Flash Memory Manufacturing Facility in Yokkaichi Plant

Seagate Technology Holdings PLC

Susquehanna analyst Mehdi Hosseini downgraded the Seagate Technology Holdings PLC (NASDAQ: STX) to Negative and Western Digital Corp (NASDAQ: WDC) to Neutral. Hosseini slashed Seagate's price targets to $65 (20.7% downside) and Western Digital to $50 (6.

Seagate, Western Digital Shares Lose Steam Post Rating Downgrade, Price Target Cut

Which data storage stock is the better long-term investment?

Better Buy: Seagate Technology vs. Western Digital

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its third quarter fiscal year 2022 financial results after the market closes on Thursday, April 28, 2022. The investment community conference call to discuss these results will be held that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. The live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com. About Western Digital Western Digital creates environments for data

Western Digital to Announce Third Quarter Fiscal 2022 Financial Results on April 28, 2022

Illumina

Microsoft

Twist Bioscience Corp

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--The DNA Data Storage Alliance, an organization formed in 2020 by Illumina, Inc. (NASDAQ: ILMN), Microsoft (Nasdaq: MSFT), Twist Bioscience Corporation (NASDAQ: TWST) and Western Digital (NASDAQ: WDC) to create and promote an interoperable storage ecosystem based on DNA as a data storage medium, today announced that the organization has expanded to more than 50 members with the recent addition of FUJIFILM Recording Media U.S.A., Inc. The Fujifilm Gro

DNA Data Storage Alliance Welcomes 50th Member

Western Digital Corporation stock is down almost 4% in the past month (21 trading days), largely underperforming the S&P 500 which was up almost 5% over this period. If you look at the change over the last five and ten days, too, the stock has returned -4.6% and -1.1%, underperforming the broader.

After Rough Month, Can Western Digital Stock Turn Things Around?

Align Technology

Bath and Body Works

D.R. Horton

EPAM Systems

Etsy

Fortune Brands Home & Security

PayPal

Synchrony Financial

It sure has been a wild ride for investors over the past few weeks, with the benchmark S&P 500 rising 10% from March 8 through March 30. But the broader stock market is still down for 2022.

Deep Dive: These 10 stocks have fallen at least 20% this year, but are expected to soar up to 66% from here

SEOUL, Korea & SAN JOSE, Calif.--(BUSINESS WIRE)-- #D2PF--Samsung Electronics Co., Ltd. and Western Digital (Nasdaq: WDC) today announced that they have signed a memorandum of understanding (MOU) for a unique collaboration to standardize and drive broad adoption of next-generation data placement, processing and fabrics (D2PF) storage technologies. The companies will initially focus on aligning their efforts and creating a vigorous ecosystem for Zoned Storage solutions. These steps will enable the indus

Samsung and Western Digital Begin Far-reaching Collaboration to Drive Standardization of Next-generation Storage Technologies for Broader Ecosystem Support and Customer Adoption

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today announced that it will host its 2022 Investor Day on Tuesday, May 10, 2022. The 2022 Investor Day will be held in-person at the Ritz Carlton Hotel in San Francisco. Western Digital's CEO David Goeckeler and other senior executives will discuss the company's long-term strategy with a question and answer session following the presentations. A live webcast of the event will also be available on the Investor Relations webs

HOLD THE DATE: Western Digital to Host its 2022 Investor Day on May 10, 2022

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC), a leader in data infrastructure, today announced its recognition as one of the world's most ethical companies by Ethisphere. The organization defines and advances the standards of ethical business practices worldwide. Western Digital unlocks the potential of data and champions the human potential, emphasizing the importance of high ethical standards in its business at every step. Western Digital fosters and thrives in an en

Western Digital Recognized as One of the World's Most Ethical Companies for Fourth Year in a Row

Western Digital Corporation (WDC) Presents at Morgan Stanley 2022 Technology, Media & Telecom Conference (Transcript)

In this article, I'm revisiting the Western Digital Corporation. Following the decline of the recent few months, the company has underperformed broader indices.

Western Digital - Options Expired OOM, Revisiting My 'Buy'

Western Digital stock price dropped 30% from around $63 at 2019 end, to almost $45 currently, primarily due to unfavorable changes in its P/S multiple. This comes as a surprise, as the company has witnessed a rise in revenue over this period, and revenue per share has risen, despite a 6% increase.

Why Has Western Digital Stock Underperformed Despite Revenue Growth?

Western Digital (WDC) expects fiscal third-quarter 2022 non-GAAP revenues between $4.20 billion and $4.40 billion, lower than the previous guidance of $4.45-$4.65 billion.

Western Digital (WDC) Loses 7 EB of Flash Output, Cuts Q3 View

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today provided an update on the production status of its joint venture flash memory manufacturing facilities and outlook for fiscal third quarter 2022. Production at both its Yokkaichi and Kitakami joint venture flash fabrication facilities returned to normal operations in late February 2022. Western Digital's flash availability will be reduced by approximately 7 exabytes, which will occur predominately in its third and four

Western Digital Provides Update on Production Status of Its Joint Venture Flash Memory Manufacturing Facilities and Fiscal Third Quarter 2022 Outlook

Coinbase

Netflix

QUALCOMM

Zoom Video

These undervalued stocks would appeal to those looking to consider and buy value-style growth names with solid fundamentals. The post 7 Undervalued Stocks to Buy After the Sell-off appeared first on InvestorPlace.

7 Undervalued Stocks to Buy After the Sell-off

Data storage solutions company Western Digital (NYSE: WDC) stock collapsed on lowered guidance and the sell-off in the benchmark indexes.

Western Digital Stock is Ready to Pick Up

Flash-memory-chip production has been disrupted at two Japanese factories run by Western Digital through a joint venture. It may cut about 25% from Western's flash production for the quarter.

Micron, Western Digital Shares Are Surging. Flash-Chip Issues Will Lift Prices.

Trulieve Cannabis Corp.

Upstart Holdings

Their long-term potential is too attractive to be discounted because of their performances last month.

News for Western Digital Stock (WDC)