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 (NASDAQ: WDC) shares were trading higher on Wednesday after analysts at Bernstein initiated coverage on the stock with an Outperform rating and announced a $60 price target.

Why Western Digital's Stock Is Trading Higher Today

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its fourth quarter and fiscal year 2020 financial results after the market closes on Wednesday, August 5, 2020. 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

Western Digital to Announce Fourth Quarter and Fiscal Year 2020 Financial Results on August 5, 2020

Seagate Technology Holdings PLC

The stock price for Seagate is up roughly 27% since the beginning of 2018. In comparison, Western Digital has seen its stock drop by 42%% during the same period.

Seagate Has Been Outperforming Western Digital, But Is The Tide Turning?

SAN JOSE, Calif.--(BUSINESS WIRE)--Continuously innovating to help organizations keep pace with rapidly expanding volumes of data, Western Digital (NASDAQ: WDC) today announced that it is extending its HDD technology and capacity leadership into its broader portfolio of data center solutions. Leveraging innovations from the Ultrastar 18TB and 20TB HDD technology platform, the WD Gold family now features new 16TB and 18TB CMR HDD capacities. Also available are an upgraded line of Ultrastar JBOD

Western Digital Extends Capacity-Enterprise HDD Technology Leadership into Broad Family of Data Center Solutions Enabling Unmatched TCO

Marriott

NetApp

Even as the index recovered from its plunge and returned to setting new record highs, these stocks missed the boat.

The Worst 3 Nasdaq 100 Stocks in 2020's First Half

Advanced Micro Devices

Intel

Micron Technology

NVIDIA

Xilinx

The market finished the quarter on a positive note.

Semiconductor Makers Lift Stock Market to Strongest Quarter in Decades

Western Digital's (WDC) latest NVMe solutions are expected to witness solid traction among enterprises looking to power their data centers with advanced storage architectures.

Western Digital (WDC) Unveils New Solutions for Data Centers

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital (NASDAQ: WDC) today announced new solutions that provide the foundation for next-generation data infrastructures designed around Ultrastar NVMe™ SSDs and supercharged by NVMe-oF™. Building upon the company’s innovative design and integration capabilities – from NAND Flash to storage platforms – the new dual-port, performance Ultrastar DC SN840 NVMe SSDs and in-house RapidFlex NVMe-oF controllers are standalone solutions that combine to create t

Western Digital’s New NVMe™ SSDs and NVMe-oF™ Solutions Provide the Foundation for Next-Generation, Agile Data Infrastructures

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced that Paula A. Price has rejoined its board of directors and has been appointed to its audit committee. Price previously served on the company’s board of directors from July 2014 to February 2019. With more than 30 years of financial and operational experience at some of the world’s most prominent retail brands, she most recently was executive vice president and chief financial officer at Macy’s, Inc. and curr

Paula A. Price Rejoins Western Digital Board of Directors

Despite a 52% rise since the March low of this year, at the current price of around $44 per share we believe Western Digital stock (NASDAQ: WDC) has reached its near term potential. WDC stock has rallied from $29 to $44 off its recent bottom compared to the S&P which moved 39%.

Western Digital Headed Back To Lows?

While Seagate Technology PLC (NASDAQ: STX) and Western Digital Corp (NASDAQ: WDC) combine to dominate the hard disk drive (HDD) market, the former company leads in mass capacity HDD by six months to a year, according to Rosenblatt Securities.

Rosenblatt Says Buy Seagate And Hold Western Digital

Elanco Animal Health Inc

Block

Panic-based selling has always yielded an excellent opportunity to put your money to work in great businesses.

Investing $2,000 in These Top Stocks Is a Smart Move

Bank of America

Western Digital Corporation (WDC) CEO David Goeckeler Presents at Bank of America 2020 Global Technology Brokers Conference (Transcript)

Western Digital (WDC) reported earnings 30 days ago. What's next for the stock?

Why Is Western Digital (WDC) Down 3.7% Since Last Earnings Report?

Western Digital stock is roughly unchanged over the past 3 years, with the stock price rising only marginally from $61 at the end of 2016 to about $62 at the end of 2019. Furthermore, dropping to $43 so far in 2020 due to the COVID-19 pandemic, the stock has registered a cumulative return of -30%.

More Pain For Western Digital Stock?

Despite a steep 37% decline in Western Digital’s stock since the beginning of this year, as the spread of the novel Coronavirus rattled the stock markets and the broader economy, at the current price of $39 per share, we believe the worst may not be over for Western Digital.

Western Digital Stock Headed Below $30 For The First Time Since 2011?

Apple

Broadcom

Invesco QQQ

Snap

The Market On Pulling Guidance: This Is The Way

Was the hard drive maker’s move prudent or desperate?

Did Western Digital Investors Overreact to its Dividend Suspension?

Western Digital’s dividend cut may have more to do with a new CEO than dire financial straits.

This Tech Stock Just Cut Its Dividend: Here's Why It May Be a Buy

The earnings report held some surprises, both of the positive and negative varieties.

Here's How Western Digital Managed Coronavirus Challenges and Opportunities In Q3

Accumulate Western Digital After The 12% Dip

American Airlines

Tesla

Exxon Mobil

Apple, American Airlines, Exxon Mobil, Western Digital and Tesla were our top stock trades for Monday. That said, let's look at the charts.

5 Top Stock Trades for Monday: AAPL, XOM, TSLA, AAL, WDC

A surprising move related to the dividend overshadowed solid results.

Why Western Digital Stock Tumbled Today

Western Digital's (WDC) third-quarter fiscal 2020 results reflect strong revenues from client and enterprise SSDs as well as uptrend in flash pricing.

Western Digital (WDC) Q3 Earnings and Revenues Lag Estimates

Western Digital Corporation (WDC) CEO David Goeckeler on Q3 2020 Results - Earnings Call Transcript

News for Western Digital Stock (WDC)