vs
Side-by-side financial comparison of Western Digital (WDC) and WATSCO INC (WSO). Click either name above to swap in a different company.
Western Digital is the larger business by last-quarter revenue ($3.0B vs $1.5B, roughly 2.0× WATSCO INC). Western Digital runs the higher net margin — 61.1% vs 6.1%, a 55.0% gap on every dollar of revenue. On growth, Western Digital posted the faster year-over-year revenue change (31.5% vs 0.1%). Over the past eight quarters, Western Digital's revenue compounded faster (-6.6% CAGR vs -15.3%).
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).
Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the United States. Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor.
WDC vs WSO — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.0B | $1.5B |
| Net Profit | $1.8B | $92.9M |
| Gross Margin | 45.7% | 27.9% |
| Operating Margin | 30.1% | 7.2% |
| Net Margin | 61.1% | 6.1% |
| Revenue YoY | 31.5% | 0.1% |
| Net Profit YoY | 254.2% | -1.7% |
| EPS (diluted) | $4.73 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $3.0B | $1.5B | ||
| Q4 25 | $2.8B | $1.6B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | $-1.2B | $2.1B | ||
| Q1 25 | $2.3B | $1.5B | ||
| Q4 24 | $4.3B | $1.8B | ||
| Q3 24 | $4.1B | $2.2B | ||
| Q2 24 | $3.8B | $2.1B |
| Q1 26 | $1.8B | $92.9M | ||
| Q4 25 | $1.2B | $71.7M | ||
| Q3 25 | — | $161.6M | ||
| Q2 25 | $282.0M | $183.6M | ||
| Q1 25 | $520.0M | $80.1M | ||
| Q4 24 | $594.0M | $96.8M | ||
| Q3 24 | $493.0M | $171.0M | ||
| Q2 24 | $39.0M | $181.4M |
| Q1 26 | 45.7% | 27.9% | ||
| Q4 25 | 43.5% | 27.1% | ||
| Q3 25 | — | 27.5% | ||
| Q2 25 | — | 29.3% | ||
| Q1 25 | 39.8% | 28.1% | ||
| Q4 24 | 35.4% | 26.7% | ||
| Q3 24 | 37.9% | 26.2% | ||
| Q2 24 | 35.9% | 27.1% |
| Q1 26 | 30.1% | 7.2% | ||
| Q4 25 | 28.1% | 6.4% | ||
| Q3 25 | — | 11.4% | ||
| Q2 25 | — | 13.2% | ||
| Q1 25 | 33.1% | 7.3% | ||
| Q4 24 | 19.9% | 7.8% | ||
| Q3 24 | 18.1% | 11.6% | ||
| Q2 24 | 5.7% | 12.6% |
| Q1 26 | 61.1% | 6.1% | ||
| Q4 25 | 41.9% | 4.5% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | -24.4% | 8.9% | ||
| Q1 25 | 22.7% | 5.2% | ||
| Q4 24 | 13.9% | 5.5% | ||
| Q3 24 | 12.0% | 7.9% | ||
| Q2 24 | 1.0% | 8.5% |
| Q1 26 | $4.73 | — | ||
| Q4 25 | $3.07 | $1.82 | ||
| Q3 25 | — | $3.98 | ||
| Q2 25 | $0.72 | $4.52 | ||
| Q1 25 | $1.42 | $1.93 | ||
| Q4 24 | $1.63 | $2.42 | ||
| Q3 24 | $1.35 | $4.22 | ||
| Q2 24 | $0.15 | $4.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.0B | $392.7M |
| Total DebtLower is stronger | $4.7B | — |
| Stockholders' EquityBook value | $7.1B | $3.2B |
| Total Assets | $15.6B | $4.6B |
| Debt / EquityLower = less leverage | 0.65× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.0B | $392.7M | ||
| Q4 25 | $2.0B | $733.3M | ||
| Q3 25 | — | $524.3M | ||
| Q2 25 | $2.1B | $293.0M | ||
| Q1 25 | $3.5B | $431.8M | ||
| Q4 24 | $2.3B | $781.9M | ||
| Q3 24 | $1.7B | $550.0M | ||
| Q2 24 | $1.9B | $424.9M |
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.7B | $361.6M | ||
| Q3 25 | — | $340.8M | ||
| Q2 25 | $4.7B | $338.7M | ||
| Q1 25 | $7.3B | $346.4M | ||
| Q4 24 | $7.4B | $337.2M | ||
| Q3 24 | $7.4B | $321.0M | ||
| Q2 24 | $7.4B | $307.1M |
| Q1 26 | $7.1B | $3.2B | ||
| Q4 25 | $5.9B | $2.8B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | $5.3B | $2.8B | ||
| Q1 25 | $5.2B | $2.7B | ||
| Q4 24 | $12.1B | $2.7B | ||
| Q3 24 | $11.6B | $2.7B | ||
| Q2 24 | $10.8B | $2.6B |
| Q1 26 | $15.6B | $4.6B | ||
| Q4 25 | $14.4B | $4.4B | ||
| Q3 25 | — | $4.6B | ||
| Q2 25 | $14.0B | $4.7B | ||
| Q1 25 | $16.4B | $4.5B | ||
| Q4 24 | $25.5B | $4.5B | ||
| Q3 24 | $24.8B | $4.5B | ||
| Q2 24 | $24.2B | $4.4B |
| Q1 26 | 0.65× | — | ||
| Q4 25 | 0.80× | 0.13× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | 0.89× | 0.12× | ||
| Q1 25 | 1.42× | 0.13× | ||
| Q4 24 | 0.61× | 0.13× | ||
| Q3 24 | 0.64× | 0.12× | ||
| Q2 24 | 0.69× | 0.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
WDC
| Cloud | $2.7B | 89% |
| Client Devices | $176.0M | 6% |
| Consumer | $168.0M | 6% |
WSO
Segment breakdown not available.
