Western Digital Corporation

WDC Technology Computer Hardware

Western Digital Corporation’s revenue for fiscal 2026 (year ended June 2026) was $12.9 billion, up 35.7% from fiscal 2025.

Revenue
+55.5%
EPS
+45.5%
Free cash flow
+129.9%
Total debt
−83.2%

Quarter to September 2026, against a year earlier

264.58 3.05 −1.14%
Market cap
$100.2B
P/E
9.5×
Fwd P/E
15.1×
Dividend yield
0.20%
F-score
8/9
Altman Z
29.58
Beneish M
−0.19
Dividend safety
70/100

Western Digital Corporation (WDC) Gross margin

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Western Digital Corporation's gross margin over the twelve months to 30 September 2026 was 52.6%, up 3.8 percentage points from fiscal 2026 (48.9%). Over the past ten years it has ranged from 22.2% (fiscal 2023) to 48.9% (fiscal 2026) — the current reading is the highest in ten years. That is above the Computer Hardware industry median of 34.7% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 48.9% 10.07
FY2025 38.8% 10.71
FY2024 28.1% 5.83
FY2023 22.2% (9.02)
FY2022 31.3% 4.54
FY2021 26.7% 4.13
FY2020 22.6% (0.05)
FY2019 22.6% (14.68)
FY2018 37.3% 5.52
FY2017 31.8% 5.36

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 57.8% 3.72
Jun 2026 54.1% 3.90
Mar 2026 50.2% 4.48
Dec 2025 45.7% 2.20
43 more quarters

Against its own ten years

Low 22.2% High 48.9%
Ten-year median 28.5%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
SNDK Sandisk Corporation compare 80.0%
P Everpure, Inc. compare 69.7%
ANET Arista Networks, Inc. compare 62.9%
WDC Western Digital Corporation 52.6%
STX Seagate Technology Holdings PLC compare 50.4%
LOGI Logitech International S.A. compare 45.5%
HPQ HP Inc. compare 19.9%
DELL Dell Technologies Inc. compare 19.8%
SMCI Super Micro Computer, Inc. compare 11.7%
Computer Hardware industry median 34.7%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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