Western Digital Corp. (WDC) Financials
Key financial figures for Western Digital Corp. (Q1 2027).
Western Digital Q1 FY2027 revenue $4.38B (+55% YoY), non-GAAP EPS $4.64 (+161% YoY), Q2 revenue guided to $5.1B +/- $100M. Revenue was $4,381M, up 55% from $2,818M a year earlier and up 17% from $3,747M in Q4 FY2026. Western Digital now reports a single HDD segment, so the release carries no segment split. GAAP gross margin was 57.8% (43.5% a year ago) and non-GAAP gross margin 58.1% (43.9%); GAAP operating income was $2,046M (46.7% margin) against $792M a year ago. GAAP diluted EPS was $4.63 versus $3.07 a year ago and $8.21 in Q4 FY2026, which included a $2,050M non-cash gain on the retained Sandisk stake; there was no such gain in Q1 FY2027. Non-GAAP diluted EPS was $4.64, up from $1.78. On the outlook: Q2 FY2027 (non-GAAP): revenue $5.1B +/- $100M (up 66% to 72% year over year per the release), gross margin 60% to 61%, operating expenses $400M to $410M, interest and other expense of about $15M, tax rate of about 17%, diluted EPS $5.80 +/- $0.20 on about 380M diluted shares. Management cited midpoints of $5.1B revenue, 60.5% gross margin and $5.80 EPS. Figures are for Q1 FY2027, as Western Digital Corporation reported them.
- Revenue
- $4.4B
- Net Income
- $1.8B
- EPS
- $4.86
- Total Assets
- $14.2B
- Operating Cash Flow
- $1.6B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q1 FY2027 | $4.4B | $1.8B | $4.63 | 46.7% | $1.4B |
| Q4 FY2026 | $3.7B | $3.2B | $8.50 | 41.71% | $1.3B |
| Q3 FY2026 | $3.3B | $3.2B | $8.20 | 35.66% | $978M |
| Q2 FY2026 | $3.0B | $1.8B | $4.73 | 30.1% | $653M |
| Q1 FY2026 | $2.8B | $1.2B | $3.07 | 28.11% | $599M |
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 $4.38 billion for Q1 FY2027, up 55.5% from the same period a year earlier.
Is Western Digital Corporation profitable?
Yes. Western Digital Corporation reported net income of $1.78 billion for Q1 FY2027, a net margin of 40.61% on revenue.
How has Western Digital Corporation's margin trended?
Operating margin was 46.7% in Q1 FY2027, compared with 28.11% 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 $1.38 billion in Q1 FY2027, 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.