Western Digital Quarterly Income Statement
NASDAQ: WDCTechnologyElectronic ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Western Digital revenue and earnings
In the quarter ended Jul 3, 2026, Western Digital generated $3.75 billion in revenue, up 43.8% from the same quarter a year earlier. Net income was $3.19 billion (+1033.0% year over year), for a net margin of 85.3% versus a median of 41.9% in the prior 5 quarters. Gross margin was 54.1% (up from 41.0%) and operating margin 41.7%.
Diluted earnings per share came in at $8.28, up from $0.75.
Summary generated from market data by MetaCap's automated system. Methodology
Western Digital income statement (quarterly)
| Quarter (USD) | Q4 20262026-07-03 | Q3 20262026-04-03 | Q2 20262026-01-02 | Q1 20262025-10-03 | Q4 20252025-06-27 | Q3 20252025-03-28 | Q2 20252024-12-27 | Q1 20252024-09-27 | Q4 20242024-06-28 | Q3 20242024-03-29 | Q2 20242023-12-29 | Q1 20242023-09-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.75B | 3.34B | 3.02B | 2.82B | 2.60B | 2.29B | 2.41B | 2.21B | 2.00B | 1.75B | 1.37B | 1.19B |
| Revenue growth (YoY) | +43.84% | +45.47% | +25.24% | +27.40% | +29.99% | +30.94% | +76.23% | +85.26% | — | -37.50% | -56.00% | -68.04% |
| Cost of Revenue | 1.72B | 1.66B | 1.64B | 1.59B | 1.54B | 1.38B | 1.50B | 1.41B | 1.31B | 1.23B | 2.54B | 2.65B |
| Gross Profit | 2.03B | 1.68B | 1.38B | 1.23B | 1.07B | 912.00M | 907.00M | 806.00M | 697.00M | 519.00M | 313.00M | 244.00M |
| Operating Expenses | 465.00M | 486.00M | 472.00M | 435.00M | 387.00M | 152.00M | 347.00M | 472.00M | 788.00M | 425.00M | 702.00M | 695.00M |
| Research & Development | 284.00M | 294.00M | 289.00M | 294.00M | 262.00M | 245.00M | 225.00M | 262.00M | 267.00M | 243.00M | 444.00M | 431.00M |
| Selling, General & Admin | 138.00M | 147.00M | 128.00M | 138.00M | 124.00M | 108.00M | 132.00M | 204.00M | 184.00M | 176.00M | 198.00M | 207.00M |
| Operating Income | 1.56B | 1.19B | 908.00M | 792.00M | 680.00M | 760.00M | 560.00M | 334.00M | -91.00M | 94.00M | -210.00M | -596.00M |
| Interest Expense | 14.00M | 38.00M | 54.00M | 59.00M | 74.00M | 91.00M | 93.00M | 99.00M | 102.00M | 108.00M | 108.00M | 98.00M |
| Other Income (Expense) | 1.68B | 2.17B | 1.05B | 545.00M | -333.00M | -686.00M | -94.00M | -91.00M | -102.00M | -106.00M | -49.00M | -86.00M |
| Pretax Income | 3.25B | 3.36B | 1.96B | 1.34B | 347.00M | 74.00M | 466.00M | 243.00M | -193.00M | -12.00M | -259.00M | -682.00M |
| Income Tax | 52.00M | 154.00M | 120.00M | 155.00M | 95.00M | -698.00M | 0 | 90.00M | 53.00M | -4.00M | 28.00M | 3.00M |
| Net Income | 3.19B | 3.21B | 1.84B | 1.18B | 282.00M | 520.00M | 594.00M | 493.00M | 39.00M | 135.00M | -287.00M | -685.00M |
| Net Income growth (YoY) | +1032.98% | +516.35% | +210.10% | +139.76% | +623.08% | +285.19% | — | — | — | — | — | -1557.45% |
| EPS (Basic) | 9.05 | 9.26 | 5.27 | 3.34 | 0.78 | 1.46 | 1.68 | 1.40 | 0.08 | 0.35 | -0.92 | -2.17 |
| EPS (Diluted) | 8.28 | 8.20 | 4.73 | 3.07 | 0.75 | 1.42 | 1.63 | 1.35 | 0.08 | 0.35 | -0.92 | -2.17 |
| Shares Outstanding (Basic) | — | 342.00M | 341.00M | 345.00M | — | 348.00M | 346.00M | 344.00M | — | 326.00M | 325.00M | 323.00M |
| Shares Outstanding (Diluted) | — | 387.00M | 381.00M | 376.00M | — | 358.00M | 357.00M | 357.00M | — | 335.00M | 325.00M | 323.00M |
| EBITDA | 1.66B | — | 1.00B | 880.00M | 766.00M | 870.00M | 680.00M | 469.00M | 47.00M | 234.00M | -67.00M | -449.00M |
| Gross Margin | 54.12% | 50.22% | 45.74% | 43.54% | 40.96% | 39.76% | 37.65% | 36.44% | 34.78% | 29.62% | 22.90% | 20.44% |
| Operating Margin | 41.71% | 35.66% | 30.10% | 28.11% | 26.10% | 33.13% | 23.25% | 15.10% | -4.54% | 5.37% | -15.36% | -49.92% |
| Net Margin | 85.27% | 96.04% | 61.05% | 41.94% | 10.83% | 22.67% | 24.66% | 22.29% | 1.95% | 7.71% | -20.99% | -57.37% |
This table shows 12 quarterly periods of Western Digital's income statement, from Q4 2026 back to Q1 2024, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WDC's reporting calendar. What is a income statement?