Western Digital Corp. (WDC) Financials
Key financial figures for Western Digital Corp. (Q4 2026).
Western Digital posted record Q4 FY2026 revenue of $3.75 billion (+44% YoY) with non-GAAP EPS of $3.56 (+109% YoY) and non-GAAP gross margin of 54.4%, capping a fiscal year that saw revenue grow 36% to $12.9 billion. Q4 FY2026 revenue reached $3,747M, up 44% YoY; full fiscal year revenue was $12,919M, up 36%. Non-GAAP diluted EPS of $3.56 beat the prior year's $1.70 (+109% YoY); GAAP diluted EPS was $8.21, inflated by a non-cash $(2,050)M mark-to-market gain on the retained SanDisk (SNDK) stake. Non-GAAP gross margin expanded to 54.4% (+1,310 bps YoY), the fourth consecutive quarter of margin expansion; full-year non-GAAP gross margin was 49.1% (+970 bps YoY). The press release does not break out cloud revenue mix or exabyte shipments this quarter (unlike some prior quarters' releases). On the outlook: Q1 FY2027 guidance: revenue of $4.1 billion plus or minus $100 million (about 45% YoY growth), non-GAAP gross margin of 55-56%, and non-GAAP diluted EPS of $4.00 plus or minus $0.15. Figures are for Q4 FY2026, as Western Digital Corporation reported them.
- Revenue
- $3.7B
- Net Income
- $3.2B
- EPS
- $9.12
- Total Assets
- $13.9B
- Operating Cash Flow
- $1.4B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q4 FY2026 | $3.7B | $3.2B | $8.50 | 41.71% | $991M |
| Q3 FY2026 | $3.3B | $3.2B | $8.52 | 35.66% | $978M |
| Q2 FY2026 | $3.0B | $1.8B | $4.73 | 31.92% | $653M |
| Q1 FY2026 | $2.8B | $1.2B | $3.07 | 28.11% | $599M |
| Q4 FY2025 | $2.6B | $257M | $0.76 | 26.1% | $675M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $12.9B | $9.4B | $24.28 | 34.47% | $3.5B |
| FY2025 | $9.5B | $1.9B | $5.12 | 24.52% | $1.3B |
| FY2024 | $6.3B | -$798M | -$2.61 | -6.38% | -$781M |
Frequently asked questions
What was Western Digital Corporation's revenue last quarter?
Western Digital Corporation reported revenue of $3.75 billion for Q4 FY2026, up 43.8% from the same period a year earlier.
Is Western Digital Corporation profitable?
Yes. Western Digital Corporation reported net income of $3.20 billion for Q4 FY2026, a net margin of 85.27% on revenue.
How has Western Digital Corporation's margin trended?
Operating margin was 41.71% in Q4 FY2026, compared with 26.1% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Western Digital Corporation generate?
Western Digital Corporation generated free cash flow of $991.0 million in Q4 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Western Digital Corp. on SentiSense, with up to forty quarters and twenty fiscal years of history.