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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

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

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bain Capital is in talks with SK Hynix to restart negotiations to merge memory chip makers Western Digital and Japan's Kioxia Holdings, Kyodo newswire reported on Saturday, citing unidentified sources.

Bain in talks with SK Hynix to restart Western Digital-Kioxia merger talks - Kyodo

Shares in disk drive and data storage manufacturer Western Digital (WDC) were down about 3% in pre-market trading Friday, even as the company posted results late Thursday that beat forecasts.

Western Digital Stock Down Despite Earnings Beat—Key Price Levels to Monitor

Western Digital's (WDC) fiscal second-quarter top-line performance affected by weak performance across Cloud end market.

Western Digital (WDC) Posts Q2 Loss, Tops Revenue Estimates

Western Digital Corporation (WDC) Q2 2024 Earnings Call Transcript

Data storage products maker Western Digital Corp posted a wider-than-expected quarterly adjusted loss on Thursday, due to the impact of structural changes the company implemented in its flash and HDD businesses.

Western Digital Corp posts wider Q2 loss, sees impact of structural changes

WDC stock fell late Thursday after Western Digital reported a narrower than expected loss for its December quarter, with revenue in-line.

Western Digital Stock Falls After Reporting December-Quarter Earnings

Western Digital Corp.'s WDC, +3.96% stock declined nearly 4% in after-hours trading Thursday after the company posted quarterly results. Western Digital reported a fiscal second-quarter net loss of $268 million, or 87 cents a share, compared with a net loss of $446 million, or $1.40 a share, in the same quarter a year ago.

Western Digital's stock dips nearly 4% on revenue decline

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today reported fiscal second quarter 2024 financial results. “Western Digital's second quarter results demonstrate that the structural changes we have put in place over the last few years and the strategy we have been executing are producing significant outperformance across our flash and HDD businesses,” said David Goeckeler, Western Digital CEO. “We are seeing our efforts come to fruition as our financial performance met,.

Western Digital Reports Fiscal Second Quarter 2024 Financial Results

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Western Digital's (WDC) fiscal second-quarter performance is likely to have been cushioned by higher nearline HDD shipments amid weak macroeconomic conditions.

Western Digital (WDC) to Post Q2 Earnings: Key Factors to Note

Shares of computer drive manufacturer Western Digital (NASDAQ: WDC ) jumped higher on Monday following a strong endorsement by Morgan Stanley analysts. Specifically, they view WDC stock as their “Top Pick,” which, in their view, offers an alternative to Nvidia (NASDAQ: NVDA ).

WDC Stock Alert: Western Digital Ousts Nvidia as Morgan Stanley's ‘Top Pick'

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Nvidia is no longer Morgan Stanley's top chip pick. A much different name is.

Does Western Digital (WDC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Western Digital (WDC) is a Great Choice

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Western Digital (WDC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Western Digital (WDC) Expected to Beat Earnings Estimates: Should You Buy?

Disk-drive and flash-memory firm Western Digital is seeing shares rise on upgrades from Deutsche Bank and Barclays.

Western Digital Stock Is Rising on 2 Upgrades. Why The Street Is More Bullish.

Computer hardware stock Western Digital Corp (NASDAQ:WDC) is 3.8% higher before the bell after two big upgrades this morning.

Tech Stock Staging Turnaround After Upgrades

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its second quarter fiscal year 2024 financial results after the market closes on Thursday, January 25, 2024. The investment community conference call to discuss these results will be held that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and a webcast replay of the conference call will be available at investor.wdc.com. About Western Digital Western Digital is on a mission to unlock the.

Western Digital to Announce Second Quarter Fiscal 2024 Financial Results on January 25, 2024

Given its better prospects, we believe MGM Resorts stock (NYSE: MGM) is a better pick than Western Digital stock (NYSE: WDC) for the next three years. Although these companies are from different sectors, we compare them because they have a similar market capitalization of around $16 billion and a similar revenue base of about $12-13 billion.

After Rising Over 30% In 2023 Is This Casino Stock A Better Pick Over Western Digital Stock?

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Western Digital Corporation (NASDAQ:WDC ) Barclays Global Technology Conference December 6, 2023 11:05 AM ET Company Participants Wissam Jabre - CFO David Goeckeler - CEO Conference Call Participants Thomas O'Malley - Barclays Bank Thomas O'Malley Perfect. Good morning, everyone.

Western Digital Corporation (WDC) Barclays Global Technology Conference (Transcript)

Western Digital Corporation (WDC) UBS Global Technology Conference (Transcript)

News for Western Digital Stock (WDC)