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.

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Stockholders equity

Minority interest

Total liabilities & equity

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Net debt

Book value per share

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Change in working capital

Cash from investing

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Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

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Cash from other sources

Net change in cash

Free cash flow

Evercore

Western Digital Corporation (WDC) CEO David Goeckeler Presents at Evercore ISI Inaugural TMT Conference (Transcript)

Western Digital Corporation (WDC) Management Presents at Stifel 2021 Virtual Cross Sector Insight Conference (Transcript)

Is (WDC) Outperforming Other Computer and Technology Stocks This Year?

Is Western Digital (WDC) Stock Outpacing Its Computer and Technology Peers This Year?

Western Digital (WDC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Western Digital (WDC) Run Higher on Rising Earnings Estimates?

Western Digital Corporation (WDC) Presents at Cowen 49th Annual Technology, Media & Telecom Conference (Transcript)

Western Digital (NASDAQ:WDC) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 1 5 1 2 Somewhat Bullish 0 1 1 1 Indifferent 0 1 0 1 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 In the last 3 months, 17 analysts have offered 12-month price targets for Western Digital. The company has an average price target of $85.24 with a high of $124.00 and a low of $63.00.

What 17 Analyst Ratings Have To Say About Western Digital

Western Digital Corp (WDC) CEO David Goeckeler Presents at JPMorgan's 49th Annual Technology Media and Communications Conference (Transcript)

SAN JOSE, Calif.--(BUSINESS WIRE)-- #wdblack--Today at its Flash Perspective event, Western Digital Corp. (NASDAQ: WDC) unveiled three new SSDs for its WD_BLACK™ portfolio of products, providing gamers around the world with fast, high-performance storage solutions to upgrade their PC and next-gen console gaming experience. “Our WD_BLACK brand delivers a clear and simple promise to gamers – fast and reliable storage that enhances their gameplay,” said Rob Soderbery, executive vice president and GM, Flash B

Western Digital Amps up Its WD_BLACK Gaming Portfolio With Three New SSD Solutions

SAN JOSE, Calif. & RALEIGH, N.C.--(BUSINESS WIRE)--Western Digital Corp. and Percona join to unlock support for ZNS SSDs in Percona servers with MySQL, the popular open-source transactional database.

Western Digital, Percona Join Forces to Extend the Zoned Storage Ecosystem, Targeting Popular MySQL Open-Source Transactional Database

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. announced its new embedded flash platform for Universal Flash Storage (UFS) 3.1 to enable mobile, automotive and IoT industries.

Western Digital's New Embedded Flash Platform Provides Essential Foundation for the Next Wave of Smart, Connected Mobile Technologies

SAN JOSE, Calif.--(BUSINESS WIRE)-- #SanDiskProfessional--Western Digital Debuts SanDisk Professional Brand

Western Digital Debuts SanDisk Professional Brand

NetApp

Seagate Technology Holdings PLC

3 Stocks to Snap Up as Computer Storage Devices Show Promise

Alibaba

JD.com

China's crypto farmers are driving a rally in shares of consumer disk-drive makers. Here are the stocks that should get a boost from Chia.

4 Tech Stocks That Belong On Your Radar Thanks to the Chia Craze

SAN JOSE, Calif.--(BUSINESS WIRE)--Empowering the world's essential data infrastructure, Western Digital Corp. (NASDAQ: WDC) today announced the expansion of the WD Purple family with the WD Purple™ Pro product line for a new generation of advanced AI-enabled recorders and back-end servers. The worldwide video surveillance camera market is estimated to grow to $44 billion by 2025, up from $23.6 billion in 2019, according to IDC. Emerging smart video architectures that capture, store and analyze

Western Digital Expands Smart Video Surveillance Solutions for Growing AI-Enabled Workloads from Endpoint to Cloud

Western Digital (WDC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Western Digital (WDC) Soars 6.3%: Is Further Upside Left in the Stock?

Shares of both companies set new 52-week highs on Monday.

Seagate and Western Digital Rally Extends as Crypto Farmers Snap Up Disk Drives

Shares of data storage manufacturers Seagate Technology and Western Digital have been soaring in recent weeks despite falling tech shares. The rise comes amid a jump in demand for hard disk drives (HDDs) and solid-state drives (SSDs) from the companies after the launch of a new green cryptocurrency called Chia at the beginning of May.

Seagate and Western Digital stocks are on fire as the new cryptocurrency Chia continues to propel a hard-drive shortage (STX, WDC)

Advanced Micro Devices

NVIDIA

Chia crypto farming is one of the newest and most popular eco-friendly crypto mining plays, and it's driving up hard drive stocks. The post Looking to Play the Chia Crypto?

Looking to Play the Chia Crypto? The XCH Craze Is Boosting These 4 Stocks

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) announced today it has received the 2020 Pro Patria Award from the Employer Support of the Guard and Reserve (ESGR), a Department of Defense program. The highest-level honor bestowed by the California ESGR state committee, the award recognizes employers that demonstrate steadfast and exemplary support to National Guard and Reserve employees. Western Digital was selected by California's ESGR committee in the Large Business ca

Western Digital Receives 2020 Pro Patria Award for Exemplary Support of Guard and Reserve Employees

Western Digital stock (NASDAQ: WDC) is up more than 30% since the beginning of 2021, and at the current price near $69 per share, we believe that Western Digital stock has around 15% potential downside.

Weak Demand Could Lead Western Digital Stock To Drop To $60

The shares of Western Digital Corp (NASDAQ: WDC) have received a price target increase from $80 to $90 by Citi. These are the details.

WDC Stock: $90 Target (Up From $80) By Citi

Teradyne

Texas Instruments

Seemingly for years, the semiconductor silo of the technology sector was outperforming and the top stocks continued to fly higher and higher.

Semiconductors Have Lagged the Market: 4 Stocks to Buy Right Now

Western Digital's (WDC) Q3 results benefit from growth in the Client Devices and Client Solutions segments. Decline in the Data Center Devices and Solutions' revenues is a drag on the performance

Western Digital's (WDC) Q3 Earnings & Revenues Beat Estimates

The shares of Western Digital Corp (NASDAQ:WDC) are up 4% at $73.96 this morning, after the company shared fiscal third-quarter profits of $1.02 per share on revenue of $4.14 billion, with both its top and bottom lines handily topping analysts' expectations.

WDC Shoots Back Toward 2-Year Highs After Earnings Beat

Western Digital Corp (NASDAQ: WDC) reported a third-quarter FY21 revenue decline of 1% year on year to $4.1 billion, above the analyst estimate of $3.97 billion. Revenue from Client Devices rose 10% to $2 billion from sustained strength in the notebook and desktop PC demand and new game console ramps.

News for Western Digital Stock (WDC)