Western Digital delivered solid financial performance in Q2 2026, driven by demand in the AI data economy. Revenue rose to $3.02B with gross and operating margins expanding significantly. The company returned over 100% of free cash flow to shareholders.

Western Digital delivered a strong fiscal first quarter 2026, with revenue up 27% year-over-year to $2.82 billion and significant increases in GAAP and non-GAAP diluted EPS. The company achieved strong free cash flow and exceeded its own guidance for revenue and gross margin, primarily due to a strong demand environment in data storage, particularly in the cloud.

Western Digital concluded its fiscal year 2025 with a strong fourth quarter, marked by a 30% year-over-year revenue increase to $2.61 billion and significant improvements in both GAAP and non-GAAP gross margins. The company also generated substantial free cash flow and reduced debt, reflecting a solid operational performance.

Western Digital delivered a solid quarter with $2.29B in revenue and over $750M in net income, aided by higher gross margins and strength in the cloud segment.

Western Digital reported fiscal second quarter 2025 results with revenue of $4.29 billion, a 5% increase sequentially. GAAP EPS was $1.63 and Non-GAAP EPS was $1.77. The company anticipates fiscal third quarter revenue to be between $3.75 billion and $3.95 billion.

Western Digital reported a revenue of $4.10 billion for the fiscal first quarter 2025, a 9% sequential increase. GAAP EPS was $1.35, and Non-GAAP EPS was $1.78. The company expects fiscal second quarter 2025 revenue to be in the range of $4.20 billion to $4.40 billion and Non-GAAP EPS in the range of $1.75 to $2.05.

Western Digital reported a strong Q4 2024 with revenue reaching $3.76 billion, a 9% increase sequentially. GAAP EPS was $0.88 and Non-GAAP EPS was $1.44. The company is benefiting from a broad recovery across end markets and structural improvements in Flash and HDD profitability.

Western Digital reported a strong fiscal third quarter with revenue of $3.46 billion, up 14% sequentially. Cloud revenue increased 45% and Client revenue increased 5%, while Consumer revenue decreased by 13%. GAAP EPS was $0.34 and Non-GAAP EPS was $0.63.

Western Digital's second quarter revenue was $3.03 billion, up 10% sequentially. The company's financial performance met or exceeded the non-GAAP guidance ranges provided in October. GAAP EPS was $(0.87) and Non-GAAP EPS was $(0.69).

Western Digital reported Q1 2024 revenue of $2.75 billion, a 3% increase sequentially. GAAP EPS was $(2.17) and Non-GAAP EPS was $(1.76), which includes $225 million of underutilization-related charges. The company expects Q2 2024 revenue to be between $2.85 billion and $3.05 billion.

Western Digital reported Q4 2023 revenue of $2.7 billion, a 5% decrease sequentially. GAAP EPS was $(2.27) and Non-GAAP EPS was $(1.98). The company expects Q1 2024 revenue to be between $2.55 billion and $2.75 billion.

Western Digital reported Q3 2023 financial results, with revenue at $2.8 billion, GAAP EPS of $(1.82), and Non-GAAP EPS of $(1.37). The company expects Q4 2023 revenue to be between $2.40 billion and $2.60 billion.

Western Digital reported fiscal second quarter 2023 financial results with revenue at the high end of the guidance range. The company is taking actions to reset the business by optimizing cost structure and strengthening liquidity due to the post-pandemic environment.

Western Digital reported fiscal first quarter 2023 financial results with revenue at $3.74 billion, above the midpoint of guidance. GAAP EPS was $0.08 and Non-GAAP EPS was $0.20. The company generated $6 million in cash flow from operations and ended the quarter with $2.05 billion of total cash and cash equivalents.

Western Digital reported Q4 2022 revenue of $4.53 billion, a decrease of 8% year-over-year. GAAP EPS was $0.95 and non-GAAP EPS was $1.78. The company generated $295 million in cash flow from operations and had $2.33 billion in cash and cash equivalents at the end of the quarter.

Western Digital reported fiscal third quarter 2022 financial results with revenue of $4.38 billion, a 6% increase year-over-year. GAAP EPS was $0.08, and Non-GAAP EPS was $1.65. The company generated $398 million in operating cash flow and $148 million in free cash flow.

Western Digital reported a strong fiscal second quarter with revenue of $4.83 billion, up 23% year-over-year. GAAP EPS was $1.79 and non-GAAP EPS was $2.30. The company generated $666 million in operating cash flow and $407 million in free cash flow.

Western Digital reported a strong fiscal first quarter 2022 with revenue of $5.1 billion, up 29% year-over-year. Cloud revenue increased 72%, Client revenue increased 6%, and Consumer revenue increased 10% year-over-year. The company generated $521 million in operating cash flow and $224 million in free cash flow.

Western Digital reported strong Q4 2021 financial results, with revenue reaching $4.9 billion, a 15% increase year-over-year. GAAP EPS was $1.97 and non-GAAP EPS was $2.16. The company generated $994 million in operating cash flow and $792 million in free cash flow during the quarter.

Western Digital reported Q3 2021 revenue of $4.1 billion, a 1% decrease year-over-year. GAAP EPS was $0.63, and non-GAAP EPS was $1.02. The company generated $116 million in operating cash flow and a negative $11 million in free cash flow. They are expecting Q4 2021 revenue between $4.40 billion and $4.60 billion, with non-GAAP EPS between $1.30 and $1.60.

Western Digital reported a 7% year-over-year decrease in revenue to $3.9 billion. While Client Devices and Client Solutions revenue increased, Data Center Devices and Solutions revenue declined significantly. GAAP EPS was $0.20, and non-GAAP EPS was $0.69. The company generated $425 million in operating cash flow and $149 million in free cash flow.

Western Digital reported first quarter revenue of $3.9 billion, a 3% decrease year-over-year. GAAP EPS was ($0.20) and non-GAAP EPS was $0.65. The company expects fiscal second quarter revenue to be between $3.75 billion and $3.95 billion, with non-GAAP EPS between $0.40 and $0.60.

Western Digital reported Q3 2020 financial results with revenue of $4.2 billion, a 14% increase year-over-year. GAAP EPS was $0.06, and non-GAAP EPS was $0.85. The company generated $142 million in operating cash flow and $176 million in free cash flow. The dividend is being suspended to strengthen reinvestment in growth and innovation.

Western Digital reported revenue of $4.2 billion for its second fiscal quarter ended January 3, 2020. The company's operating income was $50 million, with a net loss of $139 million, or ($0.47) per share. Excluding certain non-GAAP adjustments, the company achieved non-GAAP operating income of $333 million and non-GAAP net income of $187 million, or $0.62 per share.