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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SG&A

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EBITDA

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Earnings per share

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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

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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 reported better than expected EPS and saw an increase in EPS expectations from 21 analysts. The company plans to separate its HDD and Flash business units, which may enhance its stock price and financial flexibility. Despite risks related to debt, tariffs, and taxes, Western Digital remains a buy due to expected FCF growth.

Western Digital: Even Without The Spin-Off, The Company Remains Undervalued

Marvell Technology

Upbeat quarterly results and a strong revenue outlook pushed semiconductor name Micron Technology (MU) to record highs earlier earlier today, and is providing a halo lift to its peers.

2 Stocks Getting a Boost from Micron's Blowout Report

Advanced Micro Devices

Micron Technology

Seagate Technology Holdings PLC

Surging demand for artificial intelligence led to a surprise quarterly profit for Micron. It's helping other chip stocks, too.

Micron's Surprise AI Boost Lifts Western Digital, AMD, Seagate, Other Chip Stocks

Apple

Amazon

Alibaba

Dell Technologies

Alphabet

Intuitive Surgical

Microsoft

Oracle

Tesla

The popularity of artificial intelligence (AI) has to do with its application in virtually every sector and industry. Despite being the hottest thing since sliced bread, shares of AI infrastructure titan Nvidia were aggressively sold by three successful billionaire asset managers.

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SentinelOne

When seeking out potential investments, focusing on growth stocks can be a lucrative strategy for investors. Innovative companies with solid growth prospects often outperform the market, as represented by the S&P 500 index.

Springtime Profits: 3 Growth Stocks Poised to Bloom in March

Evolus

Phunware Inc

Protagonist Therapeutics

Invest in stocks such as Protagonist Therapeutics (PTGX), Evolus (EOLS), Western Digital (WDC), and Phunware (PHUN) as of now for superb earnings acceleration.

4 Stocks to Buy for Attractive Earnings Acceleration

Western Digital WDC (NASDAQ: WDC) recently provided an update on its plan to split the company into two verticals - hard drive and NAND business. The current CEO of Western Digital - David Goeckeler - will head the NAND flash memory spinoff company, while Irving Tan, currently executive vice president of global operations, will assume the leadership role for the standalone hard disk company.

Should You Pick Western Digital Stock At $65 After 25% Gains This Year?

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

Western Digital (WDC) Is Up 14.70% in One Week: What You Should Know

Western Digital Corporation (NASDAQ:WDC ) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 2:00 PM ET Company Participants David Goeckeler - CEO Wissam Jabre - CFO Conference Call Participants Joe Moore - Morgan Stanley Joe Moore Welcome back, everybody. I'm Joe Moore from Morgan Stanley Semiconductor Research.

Western Digital Corporation (WDC) Morgan Stanley Technology, Media & Telecom Conference (Transcript)

Hewlett Packard

NVIDIA

Super Micro Computer

SoundHound AI Inc

In a previous column, published on Feb. 28, I predicted that medium-cap and small-cap stocks would surge, powered by their “favorable fundamentals and low valuations.” Last week, the latter process did indeed occur to a very large extent.

Seize the Surge: Why Investors Can't Ignore Small Caps, AI and Consumer Confidence Right Now

Western Digital on Tuesday named chief executives for its soon-to-be separated flash memory and traditional hard-disk drive (HDD) businesses and said the process was on track for completion in the second half of 2024.

Western Digital names heads for flash memory, HDD units after split

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) (“Western Digital” or “the Company”) today provided an update on its previously announced plan to separate into two independent, publicly traded companies. On track for the second half of calendar year 2024, significant progress towards the completion of the separation is underway with key transactional projects including global legal entity establishment, customer and supplier contract transfers, final stage preparation for.

Western Digital Announces Update on Company Separation

AxoGen

Some of the notable companies to have witnessed solid earnings acceleration as of now are Protagonist Therapeutics (PTGX), AxoGen (AXGN), Western Digital (WDC) and Phunware (PHUN).

4 Must-Buy Stocks for Remarkable Earnings Acceleration

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corporation (NASDAQ: WDC) has received the 2024 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Western Digital has been recognized six times and is one of only five honorees in the technology industry. In 2024, 136 honorees were recognized spanning 20 countries and 44 industries. “As a company, we collectively work across the globe to embed ethica.

Ethisphere Names Western Digital as One of the 2024 World's Most Ethical Companies® for the Sixth Time

Seagate has unveiled its Mozaic 3+ hard drive platform, incorporating HAMR technology to achieve capacities of 30TB and beyond. The Mozaic 3+ platform boosts capacity while reducing storage acquisition and operational expenses. Seagate's partnership with Sony and its breakthrough in laser diode technology has enabled the increase in data storage capacity.

Seagate's Breakout HDD A Game Changer Against Western Digital

Gen Digital Inc

Invest in stocks such as AxoGen (AXGN), Western Digital (WDC) and Gen Digital (GEN) as of now for superb earnings acceleration.

3 Best Stocks to Buy for Remarkable Earnings Acceleration

Infineon Technologies AG

Semiconductors provide functionality and life to the digital age. Everything from our smartphones, tablets, PCs and even cars are, in some way or another, powered by these tiny silicon-based devices.

3 Semiconductor Memory Stocks to Watch: MU, IFNNY, and WDC

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced management participation in the upcoming investor conference: Event: Morgan Stanley Technology, Media & Telecom Conference Date: Tuesday, March 5, 2024 at 11:00 a.m. PT / 2:00 p.m. ET This management presentation will be available as a live webcast, accessible through Western Digital's Investor Relations website at investor.wdc.com. An archived replay will be accessible through the website shortly after t.

Western Digital to Participate in Upcoming Investor Conference

NetApp

Pure Storage

Momentum in cloud computing, IoT, auto, connected devices and AI is likely to favor the prospects of the Zacks Computer - Storage Devices industry players like SMCI, NTAP, WDC and PSTG amid macroeconomic headwinds.

4 Storage Devices Stocks to Watch in a Flourishing Industry

Occidental Petroleum

UnitedHealth Group

As someone who has dabbled with high-stakes assets like cryptocurrencies or options trading, I can tell you that there's a certain feeling of confidence with long-term stocks to buy that you just don't get through extreme speculation. Recently, I shared my step-by-step account of trading Biomea Fusion (NASDAQ: BMEA ) options.

3 Long-Term Stocks to Buy on the Dip: February 2024

TOKYO & SAN JOSE, Calif.--(BUSINESS WIRE)--Kioxia Corporation and Western Digital Corporation (NASDAQ: WDC) announced today that their joint venture manufacturing facilities at Yokkaichi and Kitakami plants have been approved to receive an up to 150 billion yen subsidy, including facilities that will produce its latest generation of 3D flash memory based on the innovative wafer bonding technology and future generation advanced nodes. The subsidy will be granted under a designated government pro.

Kioxia and Western Digital's Joint Venture To Receive Up To 150 Billion Yen Government Subsidy for Yokkaichi and Kitakami Plants

Japan's industry ministry said on Tuesday it would provide support for expansion of memory chip production by Kioxia and Western Digital in Mie and Iwate prefectures.

Japan to support Kioxia, Western Digital chip production expansion

EZCORP

Immunoprecise Antibodies Ltd

Modine Manufacturing

Oshkosh

EZPW, MOD, IPA, WDC and OSK have been added to the Zacks Rank #1 (Strong Buy) List on February 5, 2023.

New Strong Buy Stocks for February 5th

QUALCOMM

Do you believe in the long-term potential of companies like Nvidia (NASDAQ: NVDA ) continuing to push the boundaries of artificial intelligence? Good. Then you also believe in semiconductor memory stocks.

3 Semiconductor Stocks Poised for a Memory Market Rebound

QCR Holdings

Sandy Spring Bancorp

WDC, QCRH and SASR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 29, 2023.

News for Western Digital Stock (WDC)