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

Western Digital Corporation (NASDAQ:WDC ) Wells Fargo 6th Annual TMT Summit November 29, 2022 4:50 PM ET Company Participants Peter Andrew - Vice President, Investor Relations Robert Soderbery - Executive Vice President and General Manager, Flash Business Conference Call Participants Aaron Rakers - Wells Fargo Aaron Rakers Perfect. So Rob, why don't we start -- I got to start with Peter.

Western Digital Corporation (WDC) Presents at Wells Fargo 6th Annual TMT Summit (Transcript)

Western Digital Corp stock (NASDAQ: WDC) is down 8.2% in the past week (five trading days), performing much worse than the S&P 500, which was up 0.4% over this period.

Western Digital Stock Set For Bounce After Weak Post-Earnings Performance?

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Western Digital (WDC) fiscal first-quarter top line was affected by weakness in all segments' performance.

Western Digital (WDC) Q1 Earnings Miss Estimates, Revenues Beat

Western Digital Corporation (NASDAQ:WDC ) Q1 2023 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Peter Andrew – Investor Relations David Goeckeler – Chief Executive Officer Wissam Jabre – Chief Financial Officer Conference Call Participants Aaron Rakers – Wells Fargo C.J. Muse – Evercore Joe Moore – Morgan Stanley Toshiya Hari – Goldman Sachs Timothy Arcuri – UBS Shannon Cross – Credit Suisse Krish Sankar – Cowen & Company Mehdi Hosseini – SIG Harlan Sur – JPMorgan Tom O'Malley – Barclays Jim Suva – Citigroup Sidney Ho – Deutsche Bank Ananda Baruah – Loop Capital Karl Ackerman – BNP Paribas Mark Miller – Benchmark Company Operator Good day, and welcome to the Western Digital First Quarter Fiscal 2023 Earnings Conference Call.

Western Digital Corporation (WDC) Q1 2023 Earnings Call Transcript

Western Digital Corp (NASDAQ:WDC) announced a mixed fiscal first-quarter report ahead of the open this morning, with earnings of 20 cents per share coming in lower than the 36 cents per share anticipated by analysts, while revenue beat estimates.

Western Digital Stock Rises After Mixed Results

Western Digital (WDC) delivered earnings and revenue surprises of -33.33% and 2.89%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Western Digital (WDC) Q1 Earnings Lag Estimates

WDC stock rose early Thursday as the disk drive manufacturer reported quarterly results that beat revenue estimates. The post Western Digital Quarterly Results Beat On Revenue, Miss On Earnings appeared first on Investor's Business Daily.

Western Digital Quarterly Results Beat On Revenue, Miss On Earnings

Shares of Western Digital Corp. WDC, -0.03% dropped 2.1% in premarket trading Thursday, after the data storage company reported fiscal first-quarter profit that was well below expectations even as revenue beat, and also provided a downbeat outlook for the current quarter. Net income fell to $27 million, or 8 cents a share, from $610 million, or $1.93 a share, in the year-ago period.

Western Digital stock drops after profit missed by wide margin, and current quarter outlook was below expectations

Western Digital Reports Fiscal First Quarter 2023 Financial Results

Kioxia and Western Digital Celebrate the Opening of Fab7 at Yokkaichi, Japan

Western Digital's (WDC) Q1 performance is likely to have gained from strong demand from cloud customers. However, uncertain macroeconomic conditions and supply chain woes are likely to have been headwinds.

What's in Store for Western Digital (WDC) in Q1 Earnings?

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SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) plans to announce its first quarter fiscal year 2023 financial results before the market opens on Thursday, October 27, 2022. The investment community conference call to discuss these results will be held that day at 5:30 a.m. Pacific / 8:30 a.m. Eastern. The 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 th

Western Digital to Announce First Quarter Fiscal 2023 Financial Results on October 27, 2022

Based on DCF analysis, the fair value of the company is $41.69 per share. Analysis of multiples reveals that the company trades at a discount.

Western Digital Still Has Potential

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Western Digital is a leader in hard drives and flash memory. The company announced mixed financial results for the fiscal fourth quarter, beating adjusted earnings but missing revenue estimates.

Western Digital: Undervalued With Data Center Tailwinds

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Micron and Western Digital Stocks Are Downgraded on Market Weakness

Western Digital Corp (NASDAQ:WDC) stock is down 4.2% at $35.06 at last glance, after Deutsche Bank downgraded the stock to "hold" from "buy," with a price-target cut to $40 from $56.

Western Digital Stock Hits 2-Year Low on Bear Notes

Deutsche Bank lowered its rating on the disk drive company's to Hold from Buy, forecasting quarterly earnings well below management's expectations.

Western Digital's 'Recovery Path Uncertain', Analyst Says. The Stock Gets a Downgrade.

The CEO gave a dour pre-announcement for the September quarter, and recession fears didn't help, either.

News for Western Digital Stock (WDC)