Western DigitalWDCEarnings & Financial Report
Western Digital Corporation, doing business as WD, is an American data storage company headquartered in San Jose, California. Established in 1970, the company is one of the world's largest manufacturers of hard disk drives (HDDs).
WDC Q2 2026 Key Financial Metrics
Revenue
$3.0B
Gross Profit
$1.4B
Operating Profit
$908.0M
Net Profit
$1.8B
Gross Margin
45.7%
Operating Margin
30.1%
Net Margin
61.1%
YoY Growth
31.5%
EPS
$4.73
Financial Flow
Western Digital Q2 2026 Financial Summary
Western Digital reported revenue of $3.0B for Q2 2026, with a net profit of $1.8B (61.1% margin). Cost of goods sold was $1.6B, operating expenses totaled $472.0M.
Key Financial Metrics
| Total Revenue | $3.0B |
|---|---|
| Net Profit | $1.8B |
| Gross Margin | 45.7% |
| Operating Margin | 30.1% |
| Report Period | Q2 2026 |
Western Digital Annual Revenue by Year
Western Digital annual revenue history includes year-by-year totals (for example, 2024 revenue was $13.8B).
| Year | Annual Revenue |
|---|---|
| 2024 | $13.8B |
| 2023 | $11.3B |
| 2022 | $15.6B |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.00B | $4.09B | $4.29B | $2.29B | $2.60B | $2.82B | $2.82B | $3.02B |
| YoY Growth | N/A | 48.9% | 41.3% | -33.6% | 30.0% | -34.2% | -31.2% | 31.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $24.19B | $24.77B | $25.46B | $16.37B | $14.00B | $14.36B | $14.36B | $15.61B |
| Liabilities | $13.14B | $12.90B | $13.11B | $10.96B | $8.46B | $8.24B | $8.24B | $8.27B |
| Equity | $10.82B | $11.64B | $12.12B | $5.18B | $5.31B | $5.89B | $5.89B | $7.11B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $366.0M | $34.0M | $403.0M | $508.0M | $746.0M | $672.0M | $672.0M |
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