Western Digital income statement
In fiscal 2026, Western Digital reported revenue of $12.92bn, up 35.7% on the year before, operating income of $4.45bn (a 34.5% margin) and net income of $9.42bn, or $24.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jul 2010 | 2011Jul 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jul 2015 | 2016Jul 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jul 2020 | 2021Jul 2021 | 2022Jul 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jul 2026 | LTMOct 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.9 | 9.5 | 12.5 | 15.4 | 15.1 | 14.6 | 13.0 | 19.1 | 20.6 | 16.6 | 16.7 | 16.9 | 18.8 | 6.3 | 6.3 | 9.5 | 12.9 | 14.5 |
| Cost of revenue | — | — | — | — | — | — | — | 13.0 | 12.9 | 12.8 | 13.0 | 12.4 | 12.9 | 4.9 | 4.5 | 5.8 | 6.6 | 6.9 |
| Gross profit | 2.4 | 1.8 | 3.6 | 4.4 | 4.4 | 4.2 | 3.4 | 6.1 | 7.7 | 3.8 | 3.8 | 4.5 | 5.9 | 1.4 | 1.8 | 3.7 | 6.3 | 7.6 |
| Research and development | 0.6 | 0.7 | 1.1 | 1.6 | 1.7 | 1.6 | 1.6 | 2.4 | 2.4 | 2.2 | 2.3 | 2.2 | 2.3 | 1.0 | 1.0 | 1.0 | 1.2 | 1.2 |
| Selling, general and administrative | 0.3 | 0.3 | 0.5 | 0.7 | 0.8 | 0.8 | 1.0 | 1.4 | 1.5 | 1.3 | 1.2 | 1.1 | 1.1 | 0.8 | 0.7 | 0.6 | 0.6 | 0.6 |
| Operating income | 1.5 | 0.8 | 1.8 | 1.3 | 1.8 | 1.6 | 0.5 | 2.0 | 3.6 | 0.1 | 0.3 | 1.2 | 2.4 | −0.5 | −0.4 | 2.3 | 4.5 | 5.7 |
| Interest expense | — | — | — | — | 0.1 | 0.0 | 0.3 | 0.8 | 0.7 | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.2 | 0.1 |
| Income before tax | 1.5 | 0.8 | 1.8 | 1.2 | 1.8 | 1.6 | 0.2 | 0.8 | 2.1 | −0.3 | −0.0 | 0.9 | 2.2 | −0.8 | −0.7 | 1.1 | 9.9 | 10.6 |
| Income tax | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | −0.1 | 0.4 | 1.4 | 0.5 | 0.2 | 0.1 | 0.6 | 0.1 | 0.0 | −0.5 | 0.5 | 0.6 |
| Net income | 1.4 | 0.7 | 1.6 | 1.0 | 1.6 | 1.5 | 0.2 | 0.4 | 0.7 | −0.8 | −0.3 | 0.8 | 1.5 | −1.7 | −0.8 | 1.9 | 9.4 | 10.0 |
| Diluted EPS | $5.93 | $3.09 | $6.58 | $3.98 | $6.68 | $6.18 | $1.00 | $1.34 | $2.20 | −$2.58 | −$0.84 | $2.66 | $4.89 | −$5.37 | −$2.61 | $5.12 | $24.28 | $26.03 |
| Diluted shares (average) | 233m | 235m | 245m | 246m | 242m | 237m | 242m | 296m | 307m | 292m | 298m | 309m | 316m | 318m | 326m | 359m | 383m | 385m |
| EBITDA | 2.0 | 1.4 | 2.6 | 2.5 | 3.0 | 2.7 | 1.6 | 4.1 | 5.7 | 1.9 | 1.9 | 2.4 | 3.3 | 0.3 | 0.2 | 2.8 | 4.8 | 6.1 |
| Quarter | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Oct 2025 | 2026 Q2Jan 2026 | 2026 Q3Apr 2026 | 2026 Q4Jul 2026 | 2027 Q1Oct 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,409 | 2,294 | 2,605 | 2,818 | 3,017 | 3,337 | 3,747 | 4,381 |
| Cost of revenue | 1,502 | 1,382 | 1,538 | 1,591 | 1,637 | 1,661 | 1,719 | 1,847 |
| Gross profit | 907 | 912 | 1,067 | 1,227 | 1,380 | 1,676 | 2,028 | 2,534 |
| Research and development | 225 | 245 | 262 | 294 | 289 | 294 | 284 | 283 |
| Selling, general and administrative | 132 | 108 | 124 | 138 | 128 | 147 | 138 | 162 |
| Operating income | 560 | 760 | 680 | 792 | 908 | 1,190 | 1,563 | 2,046 |
| Interest expense | 93 | 91 | 74 | 59 | 54 | 38 | 14 | 11 |
| Income before tax | 466 | 74 | 347 | 1,337 | 1,962 | 3,359 | 3,247 | 2,038 |
| Income tax | 0 | −698 | 95 | 155 | 120 | 154 | 52 | 259 |
| Net income | 594 | 520 | 282 | 1,182 | 1,842 | 3,205 | 3,195 | 1,779 |
| Diluted EPS | $1.63 | $1.42 | $0.75 | $3.07 | $4.73 | $8.20 | $8.23 | $4.63 |
| EBITDA | 680 | 870 | 766 | 880 | 1,000 | 1,286 | 1,662 | 2,150 |
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