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

In the latest trading session, Western Digital (WDC) closed at $66.02, marking a +0.73% move from the previous day.

Western Digital (WDC) Gains But Lags Market: What You Should Know

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its second quarter fiscal year 2022 financial results after the market closes on Thursday, January 27, 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 da

Western Digital to Announce Second Quarter Fiscal 2022 Financial Results on January 27, 2022

Western Digital received a debt-rating upgrade and benefited from a lockdown in China that could limit NAND supply from rivals.

Why Western Digital Rose Another 12.7% in December

Accenture Plc

Calix

Juniper Networks

Tech stocks have been a dominant theme, will it continue in 2022?

Best Stocks To Invest In 2022? 4 Tech Stocks For Your Watchlist

Western Digital benefits from a growing demand in both of its segments, HDD and SSD.

Western Digital Storing An Outstanding Upside At Today's Story Telling Era

Western Digital (WDC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Western Digital (WDC) Moves 5.2% Higher: Will This Strength Last?

Micron Technology

Lockdown measures to combat a Covid-19 resurgence in the Chinese city of Xian have affected chip-making facilities owned by Samsung Electronics Co Ltd (OTC: SSNLF), SCMP reports. Samsung said it will "temporarily adjust operations" at its plants in the city and "take all necessary measures.

Why Are Western Digital, Micron Shares Trading Higher Today?

Western Digital (WDC) closed at $62.84 in the latest trading session, marking a +1.21% move from the prior day.

Western Digital (WDC) Gains As Market Dips: What You Should Know

We think that Western Digital currently is a better pick compared to Seagate Technology. Seagate stock trades at 2x trailing revenues, double that of WDC's 1x multiple.

Turnaround In Financials To Drive Western Digital Stock Higher

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (NASDAQ: WDC) (“Western Digital” or the “Company”) today announced the closing of its underwritten public offering of (i) $500,000,000 aggregate principal amount of 2.850% senior unsecured notes due 2029 and (ii) $500,000,000 aggregate principal amount of 3.100% senior unsecured notes due 2032. The net proceeds of the offering were approximately $988 million, after deducting underwriting discounts and commissions and other estimated

Western Digital Announces Closing of Debt Offering

Western Digital Corporation (WDC) Presents at Barclays Global Technology, Media and Telecommunications Conference (Transcript)

Western Digital Corporation (WDC) CEO David Goeckeler Presents at UBS Global TMT Virtual Conference (Transcript)

Changing analyst sentiment helped Western Digital's stock after a monthslong decline.

Why Western Digital Stock Rose 10.6% in November

Western Digital Corporation (WDC) Presents at NASDAQ 45th Investor Conference (Transcript)

Heading into the end of the year, we sought out the best-performing stocks for the month of December.

The Best Tech Stock to Own in December

Wells Fargo

Western Digital's (WDC) CEO David Goeckeler Presents at 5th Annual Virtual Wells Fargo TMT Summit Conference (Transcript)

Western Digital stock is down more than 7% in the past week (five trading days), completely underperforming the S&P 500 which was up just around 0.3%. If you look at the change over the last ten days and one month, too, the stock has returned -0.3% and -1.4%, respectively, thus having underperformed

Down 7% Last Week, What's Next For Western Digital Stock?

Mizuho analyst Vijay Rakesh upgraded Western Digital Corp (NASDAQ:WDC) to Buy from Neutral with a price target of $75, up from $55, implying a 31.7% upside. Recent checks indicate demand is improving across the PC, server, and handset markets, Rakesh notes.

Mizuho Bumps Up Western Digital Price Target By 36% On Improving Demand Trends From Amazon, Google

Western Digital stock is up more than 9% in just one month (21 trading days), completely outperforming the S&P 500 which was up just a little under 5%. If you look at the change over the last five and ten days, too, the stock has returned 8.6% and 12%, respectively, thus having outperformed the.

Rising 9% Last Month, What's Next For Western Digital Stock?

AT&T

Bargains still abound for opportunistic long-term investors.

3 No-Brainer Stocks to Invest $100 In Right Now

WDC's supply constraint issues are temporary. Stock trades below that of Micron and Seagate on a forward P/E basis.

Why Investors Should Accumulate Western Digital From Here

Twitter

With much of the investment world focused on technology stocks Friday, Sean Udall, tech stock strategist and publisher of The Udall Report, was a guest on the PreMarket Prep Plus show. Several technology stocks issues were covered during the segment, but this article will focus on two of Udall's long trading ideas.

PreMarket Prep Plus: Why Sean Udall Is Bullish On Twitter, Western Digital

On Friday, the computing hard drive manufacturer Western Digital Corp (NASDAQ:WDC) shares declined by more than 8% after reporting its most recent quarterly results. The company announced its fiscal Q1 2022 revenue and earnings Thursday after markets closed, beating the consensus for analyst expectations.

Should you buy or sell Western Digital shares as it guides FQ2 below estimates?

Western Digital's (WDC) Q1 results reflect continued demand from cloud customers.

Western Digital (WDC) Q1 Earnings Top Estimates, Shares Fall

This isn't how earnings beats are supposed to work.

News for Western Digital Stock (WDC)