Revenue segments as reported by the company.

Flash

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Employee termination, asset impairment and other charges

Business separation costs

Litigation matter

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Western Digital

SanDisk is a manufacturer of flash memory products, including memory cards and readers, USB flash drives, and solid state drives. As of February 2015, SanDisk is the third-largest manufacturer of flash memory. On May 12, 2016, SanDisk was acquired by hard drive manufacturer Western Digital in a US$19 billion deal.

SanDisk

HGST is a wholly owned subsidiary of Western Digital that sells hard disk drives, solid-state drives, and external storage products and services.

HGST

Western Digital Corp. engages in the development, manufacture, marketing, and sale of data storage devices and solutions. It operates through the Flash and Hard Disk Drive segments. The Flash segment represents flash-based data storage devices. The Hard Disk Drive segment provides hard disk storage solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Western Digital faces revenue decline but anticipates improvement and cost reduction

Western Digital's Q3 performance reflects a mixed picture with revenue and margin improvements in certain segments but overall decline in total revenue. The company is focused on proactive cost management, investment decisions, and automation to address ongoing financial challenges. Despite the current market environment, there are opportunities for improvement in the second half and cost reduction with BiCS8.

Western Digital faces revenue decline and operational challenges in Q2

Western Digital's Q2 performance reflects revenue decline, operational challenges, and strategic actions to reset the business. Despite facing headwinds in the cloud segment, the company is strengthening its financial position and focusing on cost reduction. Opportunities exist in market stabilization, product demand improvement, and strategic financial management.

Western Digital exceeds Q3 expectations amidst demand stabilization signs

Western Digital's Q3 performance showed resilience with signs of demand stabilization and strategic actions yielding positive results in both HDD and Flash businesses. While facing revenue challenges and margin pressures, the company remains focused on addressing network security incidents and optimizing cost management strategies.

Western Digital reports Q4 revenue growth and anticipates technology opportunities

Western Digital's Q4 performance showcased revenue growth in flash shipments, operational optimization, and stabilization of hard drive demand.
The company's strengths lie in executing an innovative product roadmap, enhancing liquidity, and anticipating growth in data center technologies.
Challenges include underutilization charges, margin management concerns, and the impact of lower CapEx on future investments.
Opportunities include expected growth in 26 terabyte drives, SMR technology adoption, and recovery in nearline units, presenting avenues for business expansion.

Western Digital plans to spin off flash business for growth

Western Digital's Q1 performance exceeded revenue expectations but reported a non-GAAP loss per share, with sequential growth in flash revenue and challenges in HDD revenue.
The company's strategic decision to spin off the flash business aims to unlock shareholder value and capitalize on the flash market's growth potential.
Opportunities lie in the HDD business's innovation and growth prospects, while challenges include underutilization charges and market weaknesses in China.
Dynamic management of wafer starts and a focus on profitability and free cash flow are key strategies moving forward for Western Digital.

Western Digital meets Q2 expectations, eyes NAND market growth

Western Digital's Q2 performance met expectations with strengths in flash business management and sequential revenue growth.
Challenges include operating losses, cash outflow, and client revenue decline due to flash ASP increase.
Opportunities lie in the growing demand for NAND bits at the edge, cost reduction trends, and emerging enterprise SSD market.
Overall, Western Digital's focus on product leadership and profitability improvement positions it for long-term success.

Western Digital exceeds Q3 expectations, focuses on AI growth

Western Digital's Q3 2024 earnings call showcased strong financial performance, exceeding revenue and EPS expectations.
The company is strategically positioned to capitalize on increasing AI demand, with a focus on profitability and market leadership.
Challenges include managing bit growth, monitoring AI impact on HDD demand, and maintaining gross margin targets.
Opportunities lie in leading technology development, tailored product offerings, and partnerships for market advantage.

Western Digital reports strong Q4 earnings, eyes growth opportunities

Western Digital's Q4 performance reflects solid revenue and earnings, driven by growth in Flash and HDD segments.
The company's strengths in innovation, market positioning, and strategic planning position it well for future growth.
While facing challenges such as dis-synergy costs and industry dynamics, Western Digital has opportunities to capitalize on market trends and drive further revenue growth.

Western Digital excels in Q1 2025 earnings, anticipates sequential growth

Western Digital's Q1 performance reflects a robust financial position with strong revenue and earnings growth. The company's strategic focus on Flash and HDD businesses, along with the ongoing separation process, positions it well for future opportunities and growth.

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Cost of revenue

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Net PPE

Intangibles

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Non-current liabilities

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

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Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Alaska Air Group

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Lam Research

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SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) is helping gamers enhance their setups and adapt to the evolving gaming landscape heralded by the next generation of games with today’s introduction of three new and upcoming products for its WD_BLACK portfolio of storage solutions. These include its first NVMe solid-state drive (SSD) with next-gen PCIe® Gen4 technology, a fully bootable Gen3 x8 add-in-card and a Thunderbolt 3-powered NVMe SSD gaming dock, each offering eye-

Western Digital Redefines the Next-Gen Gaming Experience with Expanded WD_BLACK Portfolio

We believe Western Digital stock has the potential for strong gains once fears surrounding the Covid outbreak are put to rest. Western Digital trades at $36 currently and has lost 41% in value so far this year.

Strong Upside Potential For Western Digital Stock?

New product launches including SanDisk Extreme and SanDisk Extreme PRO SSDs amid exponential growth in SSD market are likely to drive Western Digital's (WDC) top line.

Western Digital (WDC) Adds Two New SSDs to SanDisk Portfolio

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SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital today released two new SanDisk® portable SSDs that offer nearly 2x the speed over previous generations.

Western Digital Unveils Unmatched Combination of Speed and Portability With Its Enhanced Line of SanDisk Extreme Portable SSDs

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Western Digital (WDC) is splitting its flash and HDD (hard disk drive) business in two separate segments to rationalize the operations and enhance profitability of both the businesses.

Western Digital (WDC) Announces Restructuring, Stock up 6.7%

Shares of Western Digital Corp. WDC, +8.50% are up 8% in Wednesday afternoon trading after the company announced it would reorganize itself by creating separate units for its flash and hard-disk drive [HDD] businesses.

Western Digital stock gains amid hope formal spin off could follow business reorganization

Street analysts cheer for greater specialization in both flash and hard drives.

Why Western Digital Stock Just Popped 8.5%

SAN JOSE, Calif.--(BUSINESS WIRE)--Enabling customers to design and build solutions for a variety of smart video workloads, Western Digital Corp. (NASDAQ: WDC) today announced its expanded family of WD Purple™ storage solutions, including the industry’s highest capacity 18TB* surveillance HDD for DVRs, NVRs and analytics appliances, and the 1TB* WD Purple SC QD101 microSD™ card for AI-enabled cameras. Setting the bar for smart video applications, all WD Purple drives are optimized to help reduc

Western Digital Fuels Growing AI-Enabled Video Recording Systems Market With Expanded Family of WD Purple Solutions

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today announced a significant step in the ongoing implementation of its diversified storage portfolio strategy by forming separate product business units for its Flash and HDD technology assets. The Flash business and the HDD business will each be led by a general manager and will align the company’s diversified portfolio to an acceleration strategy designed for growth, profitability and development agility. By delivering bo

Western Digital Aligns Product Strategy With New Flash and HDD Business Units; Hires Industry Veteran Robert Soderbery as Executive Vice President and General Manager of Its Flash Business

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Western Digital Corporation (WDC) Management Presents at Deutsche Bank's Technology Conference Call Transcript

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Western Digital Corporation's (WDC) CEO David Goeckeler Presents at Citi's 2020 Global Technology Virtual Conference - Brokers Conference Transcript

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The memory specialist's stock has slumped roughly 39% in 2020.

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Media and entertainment organizations need secure local digital storage products.  WDC’s RISC V-based G-Technology ArmorLock encrypted NVMe external SSD can provide password free encrypted collaborative digital storage for remote work, in the studio and in the field.

Western Digital’s ArmorLock, Security Without Passwords

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital introduces the ArmorLock™ Security Platform and its G-Technology ArmorLock Encrypted NVMe SSD for today's diverse data security needs.

Western Digital Sets a New Standard in Data Protection with Ground-Breaking ArmorLock Security Platform

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News for Western Digital Stock (WDC)