WDC
Western Digital Corporation
Stock
$454.46+0.98 (+0.22%)Close Sep 30, 2026
Income statement
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.9B | $9.5B | $6.3B | $6.3B | $18.8B | $16.9B | $16.7B | $16.6B | $20.6B | $19.1B |
| Cost of revenue | $6.6B | $5.8B | $4.5B | $4.9B | $12.9B | $12.4B | $13.0B | $12.8B | $12.9B | $13.0B |
| Gross profit | $6.3B | $3.7B | $1.8B | $1.4B | $5.9B | $4.5B | $3.8B | $3.8B | $7.7B | $6.1B |
| R&D | $1.2B | $994M | $950M | $986M | $2.3B | $2.2B | $2.3B | $2.2B | $2.4B | $2.4B |
| SG&A | $551M | $568M | $726M | $807M | $1.1B | $1.1B | $1.2B | $1.3B | $1.5B | $1.4B |
| Other operating expenses | $146M | — | $500M | $146M | $43M | — | $32M | $166M | $215M | $232M |
| Operating income | $4.5B | $2.3B | −$403M | −$548M | $2.4B | $1.2B | $335M | $87M | $3.6B | $2.0B |
| Non-operating income | $5.5B | −$1.2B | −$336M | −$301M | −$220M | −$293M | −$381M | −$374M | −$1.5B | −$1.2B |
| Pretax income | $9.9B | $1.1B | −$739M | −$849M | $2.2B | $927M | −$46M | −$287M | $2.1B | $769M |
| Taxes | $481M | −$759M | $59M | $835M | $625M | $106M | $204M | $467M | $1.4B | $372M |
| Net income | $9.4B | $1.9B | −$798M | −$1.7B | $1.5B | $821M | −$250M | −$754M | $675M | $397M |
| Diluted EPS | $24.28 | $5.12 | −$2.61 | −$5.37 | $4.89 | $2.66 | −$0.84 | −$2.58 | $2.20 | $1.34 |
| Diluted shares | 383.0M | 359.0M | 326.0M | 318.0M | 316.0M | 309.0M | 298.0M | 292.0M | 307.0M | 296.0M |
| Revenue growth | +35.7% | +50.7% | +1.0% | −66.7% | +11.1% | +1.1% | +1.0% | −19.8% | +8.1% | — |
| Gross margin | 48.9% | 38.8% | 28.1% | 22.2% | 31.3% | 26.7% | 22.6% | 22.6% | 37.3% | 31.8% |
| Operating margin | 34.5% | 24.5% | −6.4% | −8.8% | 12.7% | 7.2% | 2.0% | 0.5% | 17.5% | 10.2% |
| Net margin | 72.9% | 19.8% | −12.6% | −26.9% | 8.2% | 4.9% | −1.5% | −4.6% | 3.3% | 2.1% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.