Western Digital Corp
WDC- Exchange
- Nasdaq
- Industry
- Computer Storage Devices
- SEC CIK
- 0000106040
In the last 90 days, Western Digital Corp insiders filed 0 open-market purchases and 7 sales; 1,856 institutions reported holding it in 13F filings for Q2 2026, worth $206.3B in total; Maverick Capital is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 24, 2026, 1:06 AM ET
Revenue flow, FY2026
Where the revenue went in FY2026, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Period end | Jul 3, 2026 | Jun 27, 2025 | Jun 28, 2024 | Jun 30, 2023 | Jul 1, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Aug 5, 2026 | Jul 30, 2025 | Jul 31, 2024 | Jul 31, 2023 | Aug 5, 2022 |
| Revenue | $12.9B | $9.52B | $13.0B | $12.3B | $18.8B |
| Cost of revenue | $6.61B | $5.83B | $10.1B | $10.4B | $12.9B |
| Gross profit | $6.31B | $3.69B | $2.94B | $1.89B | $5.87B |
| Operating expenses | $1.86B | $1.36B | $3.26B | $3.17B | $3.48B |
| Research and development | $1.16B | $994.0M | $1.91B | $2.01B | $2.32B |
| Selling, general and administrative | $551.0M | $568.0M | $828.0M | $970.0M | $1.12B |
| Operating income | $4.45B | $2.33B | -$317.0M | -$1.28B | $2.39B |
| Interest expense | – | – | – | $312.0M | $304.0M |
| Income tax | $481.0M | -$513.0M | $137.0M | $146.0M | $623.0M |
| Net income | $9.42B | $1.89B | -$798.0M | -$1.71B | $1.50B |
| EPS, basic | $26.92 | $5.31 | $-2.61 | $-5.44 | $4.81 |
| EPS, diluted | $24.28 | $5.12 | $-2.61 | $-5.44 | $4.75 |
| Weighted shares, basic | 345.0M | 347.0M | 326.0M | 318.0M | 312.0M |
| Weighted shares, diluted | 383.0M | 359.0M | 326.0M | 318.0M | 316.0M |
| Margins and growth | |||||
| Gross margin | 48.9% | 38.8% | 22.6% | 15.3% | 31.3% |
| Operating margin | 34.5% | 24.5% | -2.4% | -10.4% | 12.7% |
| Net margin | 72.9% | 19.8% | -6.1% | -13.8% | 8.0% |
| Revenue growth, year over year | +35.7% | −26.8% | +5.6% | −34.5% | +11.1% |
| Net income growth, year over year | +398.9% | – | – | −213.7% | +82.7% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2026 | FY2025! | FY2024 | FY2023! | FY2022 |
|---|---|---|---|---|---|
| Period end | Jul 3, 2026 | Jun 27, 2025 | Jun 28, 2024 | Jun 30, 2023 | Jul 1, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Aug 5, 2026 | Jul 30, 2025 | Jul 31, 2024 | Jul 31, 2023 | Aug 5, 2022 |
| Cash and equivalents | $1.58B | $2.11B | $1.88B | $2.02B | $2.33B |
| Accounts receivable | $2.03B | $1.49B | $2.17B | $1.60B | $2.80B |
| Inventory | $1.51B | $1.29B | $3.34B | $3.70B | $3.64B |
| Total current assets | $5.63B | $5.86B | $8.06B | $7.89B | $9.45B |
| Property, plant and equipment | $2.48B | $2.34B | $3.17B | $3.62B | $3.67B |
| Goodwill | $4.32B | $4.32B | $10.0B | $10.0B | $10.0B |
| Intangible assets | – | – | $78.0M | $80.0M | $213.0M |
| Total assets | $13.9B | $14.0B | $24.2B | $24.4B | $26.3B |
| Accounts payable | $1.77B | $1.27B | – | – | $1.90B |
| Short-term debt | $1.05B | $2.23B | $1.75B | $1.21B | $0 |
| Total current liabilities | $4.24B | $5.42B | $6.09B | $5.43B | $5.24B |
| Long-term debt | $0 | $2.48B | $5.68B | $5.86B | $7.02B |
| Total liabilities | $5.00B | $8.46B | $13.1B | $12.7B | $14.0B |
| Shareholders' equity | $8.86B | $5.31B | $10.8B | $10.8B | $12.2B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Period end | Jul 3, 2026 | Jun 27, 2025 | Jun 28, 2024 | Jun 30, 2023 | Jul 1, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Aug 5, 2026 | Jul 30, 2025 | Jul 31, 2024 | Jul 31, 2023 | Aug 5, 2022 |
| Operating cash flow | $3.93B | $1.69B | -$294.0M | -$408.0M | $1.88B |
| Capital expenditures | $418.0M | $412.0M | $487.0M | $821.0M | $1.12B |
| Free cash flow | $3.51B | $1.28B | -$781.0M | -$1.23B | $758.0M |
| Depreciation and amortization | $375.0M | $451.0M | $568.0M | $828.0M | $929.0M |
| Stock-based compensation | $204.0M | $265.0M | $295.0M | $318.0M | $326.0M |
| Dividends paid | $174.0M | $44.0M | – | – | $0 |
| Share buybacks | $2.59B | $149.0M | – | – | – |
| Investing cash flow | -$429.0M | $150.0M | -$27.0M | -$762.0M | -$1.19B |
| Financing cash flow | -$4.03B | -$1.61B | $187.0M | $875.0M | -$1.72B |
| Net change in cash | -$535.0M | $235.0M | -$144.0M | -$304.0M | -$1.04B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.6% | 2.8% | 2.3% | 2.6% | 1.7% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 15, 2026 | 374.3M | +9.5% | SEC |
| Aug 7, 2026 | 360.5M | +3.9% | SEC |
| Apr 23, 2026 | 344.7M | −1.2% | SEC |
| Jan 22, 2026 | 339.0M | −2.5% | SEC |
| Oct 23, 2025 | 341.9M | −1.1% | SEC |
| Jul 23, 2025 | 346.9M | +1.0% | SEC |
| Apr 25, 2025 | 348.9M | +6.8% | SEC |
| Jan 22, 2025 | 347.8M | +6.7% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.