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) Net margin

Alert me on Net margin

Western Digital Corporation's net margin over the twelve months to 30 September 2026 was 69.2%, down 3.8 percentage points from fiscal 2026 (73.0%). Over the past ten years it has ranged from −26.9% (fiscal 2023) to 73.0% (fiscal 2026) — the current reading is the highest in ten years. That is above the Computer Hardware industry median of −0.75% and above the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2026 73.0% 53.11
FY2025 19.8% 32.47
FY2024 −12.6% 14.29
FY2023 −26.9% (35.15)
FY2022 8.23% 3.38
FY2021 4.85% 6.34
FY2020 −1.49% 3.06
FY2019 −4.55% (7.82)
FY2018 3.27% 1.19
FY2017 2.08% 0.22

Quarterly newest first

Period Net margin Change (points)
Sep 2026 40.6% (45.83)
Jun 2026 86.4% (9.60)
Mar 2026 96.0% 36.44
Dec 2025 59.6% 17.66
43 more quarters

Against its own ten years

Low −26.9% High 73.0%
Ten-year median 2.68%
Current reading's percentile 98

Net margin against peers

Company Net margin
WDC Western Digital Corporation 69.2%
SNDK Sandisk Corporation compare 67.0%
ANET Arista Networks, Inc. compare 40.0%
STX Seagate Technology Holdings PLC compare 31.9%
LOGI Logitech International S.A. compare 16.4%
DELL Dell Technologies Inc. compare 7.53%
SMCI Super Micro Computer, Inc. compare 6.77%
P Everpure, Inc. compare 5.94%
HPQ HP Inc. compare 4.14%
Computer Hardware industry median −0.75%
Technology sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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