Friday 30 October 2026
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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. In the quarter to June 2026, revenue grew 43.8%, EPS grew 1,070.5%, free cash flow grew 89.8% and total debt fell 77.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for three consecutive years, operating cash flow growth for three.
365.95
29.46
−7.45%
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Western Digital Corporation (WDC) revenue by segment, product and region
Where the money comes from and where it goes
| HDD | 12,919 | 100.00% |
|---|---|---|
| Gross margin | 48.85% | |
| Operating margin | 34.47% | |
| Pre-tax margin | 76.67% |
Revenue by product or service $m
| Line | FY2026 | FY2025 | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cloud | 11,490 88.94% | 8,341 87.62% | 5,052 79.97% | 8,017 42.66% | 5,723 33.82% | 7,018 41.93% | — | — | — |
| Client | 726 5.62% | 556 5.84% | 577 9.13% | 7,076 37.65% | 7,281 43.03% | 6,335 37.85% | 8,095 48.86% | 10,108 48.96% | 9,520 49.86% |
| Consumer | 703 5.44% | 623 6.54% | 688 10.89% | 3,700 19.69% | 3,918 23.15% | 3,383 20.21% | — | — | — |
| Data Center Devices & Solutions | — | — | — | — | — | — | 5,038 30.41% | 6,075 29.42% | 5,505 28.83% |
| Client Solutions | — | — | — | — | — | — | 3,436 20.74% | 4,464 21.62% | 4,068 21.31% |
| Revenue | 12,919 | 9,520 | 6,317 | 18,793 | 16,922 | 16,736 | 16,569 | 20,647 | 19,093 |
Revenue by segment $m
| Line | FY2026 | FY2025 | FY2024 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| HDD | 12,919 100.00% | 9,520 100.00% | 6,317 100.00% | 9,040 48.10% | 8,216 48.55% | 8,967 53.58% |
| Flash | — | — | — | 9,753 51.90% | 8,706 51.45% | 7,769 46.42% |
| Revenue | 12,919 | 9,520 | 6,317 | 18,793 | 16,922 | 16,736 |
Revenue by region $m
| Line | FY2026 | FY2025 | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| United States | 5,169 40.01% | 4,328 45.46% | 2,636 41.73% | 5,411 28.79% | 3,789 22.39% | 4,679 27.96% | 3,602 21.74% | 4,640 22.47% | 3,881 20.33% |
| China | 2,541 19.67% | 1,549 16.27% | 488 7.73% | 4,525 24.08% | 4,339 25.64% | 4,075 24.35% | 3,861 23.30% | 4,393 21.28% | 4,271 22.37% |
| Europe, Middle East and Africa | 2,114 16.36% | 1,536 16.13% | 1,067 16.89% | 2,872 15.28% | 3,061 18.09% | 2,926 17.48% | 3,109 18.76% | 3,858 18.69% | 3,276 17.16% |
| Hong Kong | 1,487 11.51% | 1,051 11.04% | 1,331 21.07% | 3,645 19.40% | 3,624 21.42% | 2,592 15.49% | 3,122 18.84% | 4,022 19.48% | 3,257 17.06% |
| Rest of Asia | 1,095 8.48% | 792 8.32% | 573 9.07% | — | — | — | — | — | — |
| Other | 513 3.97% | 264 2.77% | 222 3.51% | 456 2.43% | 617 3.65% | 765 4.57% | 759 4.58% | 982 4.76% | 1,227 6.43% |
| Asia | — | — | — | 1,884 10.03% | 1,492 8.82% | 1,699 10.15% | 2,116 12.77% | 2,752 13.33% | 3,181 16.66% |
| Revenue | 12,919 | 9,520 | 6,317 | 18,793 | 16,922 | 16,736 | 16,569 | 20,647 | 19,093 |