W 
Western Digital WDC · USD
Information Technology · Technology Hardware, Storage & Peripherals · US listing · 🇺🇸 United States
S&P 500Nasdaq-100
289.78
+9.86%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$12.92bn
FY2017FY2026
Net income
$9.42bn
FY2017FY2026
Free cash flow
$3.51bn
FY2017FY2026
Shareholders' equity
$8.86bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.92bn | $9.52bn | $6.32bn | $6.25bn | $18.79bn | $16.92bn | $16.74bn | $16.57bn | $20.65bn | $19.09bn |
| Gross profit | $6.31bn | $3.69bn | $1.77bn | $1.39bn | $5.87bn | $4.52bn | $3.78bn | $3.75bn | $7.71bn | $6.07bn |
| Research and development | $1.16bn | $994.0m | $950.0m | $986.0m | $2.32bn | $2.24bn | $2.26bn | $2.18bn | $2.40bn | $2.44bn |
| Operating income | $4.51bn | $2.33bn | −$361.0m | −$574.0m | $2.39bn | $1.25bn | $335.0m | $87.0m | $3.62bn | $1.59bn |
| Net income | $9.42bn | $1.86bn | −$798.0m | −$1.68bn | $1.55bn | $821.0m | −$250.0m | −$754.0m | $675.0m | $397.0m |
| Diluted earnings per share | 25.06 | 4.95 | -2.24 | -5.18 | 4.86 | 2.61 | -0.81 | -2.53 | 2.33 | 1.34 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $13.86bn | $14.00bn | $24.19bn | $24.55bn | $26.26bn | $26.13bn | $25.66bn | $26.37bn | $29.23bn | $29.86bn |
| Cash and short-term investments | $1.58bn | $2.47bn | $1.55bn | $2.02bn | $2.33bn | $3.37bn | $3.05bn | $3.46bn | $5.00bn | $6.35bn |
| Total liabilities | $5.00bn | $8.69bn | $13.37bn | $13.58bn | $14.04bn | $15.41bn | $16.11bn | $16.40bn | $17.70bn | $18.44bn |
| Debt | $1.05bn | $4.74bn | $7.46bn | $7.07bn | $7.06bn | $8.72bn | $9.57bn | $10.52bn | $11.17bn | $13.15bn |
| Shareholders' equity | $8.86bn | $5.31bn | $10.82bn | $10.96bn | $12.22bn | $10.72bn | $9.55bn | $9.97bn | $11.53bn | $11.42bn |
| Shares outstanding | 376m | 376m | 357m | 325m | 318m | 315m | 307m | 298m | 290m | 296m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $3.93bn | $1.69bn | −$294.0m | −$408.0m | $1.88bn | $1.90bn | $824.0m | $1.55bn | $4.21bn | $3.44bn |
| Capital spending | −$418.0m | −$407.0m | −$487.0m | −$807.0m | −$1.11bn | −$1.00bn | −$647.0m | −$757.0m | −$809.0m | −$557.0m |
| Free cash flow | $3.51bn | $1.28bn | −$781.0m | −$1.22bn | $773.0m | $895.0m | $177.0m | $790.0m | $3.40bn | $2.88bn |
| Dividends paid | −$184.0m | −$44.0m | — | −$80.0m | −$90.0m | −$22.0m | −$595.0m | −$584.0m | −$593.0m | −$574.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.75bn | $3.34bn | $3.02bn | $2.82bn | $2.60bn | $2.29bn | $2.41bn | $2.21bn |
| Gross profit | $2.03bn | $1.68bn | $1.38bn | $1.23bn | $1.07bn | $912.0m | $907.0m | $806.0m |
| Operating income | $1.56bn | $1.22bn | $963.0m | $792.0m | $681.0m | $559.0m | $550.0m | $340.0m |
| Net income | $3.19bn | $3.21bn | $1.84bn | $1.18bn | $273.0m | $507.0m | $581.0m | $481.0m |
| Diluted earnings per share | 8.50 | 8.52 | 4.90 | 3.14 | 0.75 | 1.41 | 1.62 | 1.34 |
| Cash from operations | $1.20bn | $1.12bn | $745.0m | $672.0m | $746.0m | $508.0m | $403.0m | $34.0m |
| Capital spending | −$108.0m | −$145.0m | −$92.0m | −$73.0m | −$71.0m | −$129.0m | −$116.0m | −$96.0m |
| Free cash flow | $1.09bn | $978.0m | $653.0m | $599.0m | $675.0m | $379.0m | $287.0m | −$62.0m |
| Total assets | $13.86bn | $15.04bn | $15.61bn | $14.36bn | $14.00bn | $16.37bn | $25.46bn | $24.77bn |
| Cash and short-term investments | $1.58bn | $3.24bn | $4.04bn | $3.01bn | $2.47bn | $4.89bn | $2.29bn | $1.71bn |
| Debt | $1.05bn | $1.61bn | $2.43bn | $2.46bn | $2.48bn | $4.91bn | $7.22bn | $5.65bn |
| Shareholders' equity | $8.86bn | $9.68bn | $7.34bn | $6.12bn | $5.54bn | $5.41bn | $12.35bn | $11.87bn |
Financial ratios
Data as of 10 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 48.9% | 38.8% | 28.1% | 22.2% | 31.3% | 26.7% |
| Operating margin | 35.4% | 24.5% | -5.7% | -9.2% | 12.7% | 7.4% |
| Net margin | 72.9% | 19.5% | -12.6% | -26.9% | 8.2% | 4.9% |
| Return on equity | 106.3% | 35.0% | -7.4% | -15.4% | 12.7% | 7.7% |
| Return on assets | 68.0% | 13.3% | -3.3% | -6.9% | 5.9% | 3.1% |
| Free cash flow yield | 2.4% | 1.2% | 0.1% | 0.3% | 1.9% | 1.9% |
| Revenue growth | 35.7% | 50.7% | 1.0% | -66.7% | 11.1% | 1.1% |
| Earnings growth | 406.4% | -333.2% | -52.6% | -208.9% | 88.3% | -428.4% |
| Current ratio | 1.33x | 1.08x | 1.32x | 1.45x | 2.07x | 2.00x |
| Debt to equity | 0.12x | 0.89x | 0.69x | 0.65x | 0.58x | 0.81x |
| Equity ratio | 63.9% | 37.9% | 44.7% | 44.7% | 46.5% | 41.0% |
| Interest coverage | 32.86x | 6.54x | -0.87x | -1.85x | 7.87x | 3.84x |
| R&D as a share of sales | 9.0% | 10.4% | 15.0% | 15.8% | 12.4% | 13.3% |
| Buybacks as a share of market value | 0.0% | -5.3% | -9.8% | -2.2% | -1.0% | -2.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 27.4% | -5.3% | -0.1% |
| Operating income | — | 29.2% | 25.5% |
| Net income | — | 62.9% | 44.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 44.6% | 37.6% | 33.3% | 30.8% |
| Operating margin | 30.5% | 16.9% | 13.5% | 10.0% |
| Net margin | 50.3% | 25.1% | 15.8% | 7.3% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 12.9 | 34.8 | -20.2 | -7.6 | 4.9 | 18.9 | -51.4 | -19.0 | 12.0 | 44.8 |
| Price to sales | 9.4 | 6.8 | 2.5 | 2.1 | 0.4 | 0.9 | 0.8 | 0.9 | 0.4 | 0.9 |
Market value over time
31 Oct 2016 to 9 Sept 2026, in USD
$16.66bn$181.34bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 264% | 25% | 61% | -44% | 7% | -15% | 67% | -56% | 20% | 14% |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 4 Dec 2026.
| FY2027 | FY2026 | FY2025 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.325 | 0.50 | 0.10 | 1.50 | 2.00 | 2.00 | 2.00 | 2.00 |
- 2-for-1 split · 4 Jun 1997
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.