Western Digital Corporation (WDC) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI

Western Digital Corporation (WDC) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI | MarketCI

WDC

Market Closed

Western Digital Corporation

NASDAQTechnology Computer Hardware

40.00K employees

CEO: Tiang Yew Tan

Founded: 1978

$746.23

+$0.00(+NaN%)

Market Cap

257.21B

Beta

2.20

52W Range

N/A

Dividend Yield

0.07%

Overview Forecasts Fundamental Market Sentiment Valuation Ownership

Financial Statements

Comprehensive breakdown of financial statements and performance metrics

Gross Margin

38.8%

108.2%

CAGR: -4.9%

Profit after direct costs

Operating Margin

24.5%

-679.2%

CAGR: 17.6%

Core business profitability

Net Margin

19.5%

-333.2%

CAGR: 22.7%

Bottom line profitability

Revenue Growth

50.7%

YoY

CAGR: -13.4%

Top line growth rate

Revenue Flow Analysis

Visual flow showing how WDC allocates revenue across expenses and profit

Fiscal Year 2025

Revenue Distribution

Flow of revenue through cost categories to net income

Gross Margin

38.8%

$3.69B

Operating Margin

24.5%

$2.33B

Net Margin

19.5%

$1.86B

Detailed Income Statement

Complete profit and loss breakdown with margin analysis and historical comparison

Item	2021	2022	2023	2024	2025	YoY Change
Total Revenue	16.92B	18.79B	6.25B	6.32B	9.52B	50.7%
Cost of Revenue	(12.40B)	(12.92B)	(4.86B)	(4.54B)	(5.83B)	28.3%
Gross Profit	4.52B	5.87B	1.39B	1.77B	3.69B	108.2%
Operating Expenses
Research & Development	(2.24B)	(2.32B)	(986.00M)	(950.00M)	(994.00M)	4.6%
Selling, General & Administrative	(1.10B)	(1.12B)	(807.00M)	(726.00M)	(568.00M)	-21.8%
Depreciation & Amortization	(1.21B)	(929.00M)	(828.00M)	(568.00M)	(451.00M)	-20.6%
Operating Income (EBIT)	1.22B	2.39B	-548.00M	-403.00M	2.33B	-679.2%
Non-Operating Items
Interest Income	7.00M	6.00M	19.00M	33.00M	45.00M	36.4%
Interest Expense	(326.00M)	(304.00M)	(310.00M)	(414.00M)	(357.00M)	-13.8%
Other Income/Expenses (Net)	-293.00M	-220.00M	-301.00M	-336.00M	-1.20B	258.3%
Income Before Tax	927.00M	2.17B	-849.00M	-739.00M	1.13B	-252.9%
Income Tax Expense	(106.00M)	(625.00M)	(53.00M)	(26.00M)	(513.00M)	-2073.1%
Net Income	821.00M	1.55B	-1.68B	-798.00M	1.86B	-333.2%
Per Share Metrics
Earnings Per Share (Basic)	$3	$5	$-5	$-3	$5	-303.4%
Weighted Avg Shares Outstanding	305.00M	312.00M	318.00M	326.00M	347.00M	6.4%
Weighted Avg Shares Outstanding (Diluted)	309.00M	316.00M	318.00M	326.00M	359.00M	10.1%
EBITDA	2.46B	3.40B	289.00M	243.00M	1.94B	697.5%

Explore WDC

Overview

Key metrics and AI-powered insights

Forecast

Price targets and earnings estimates

Fundamentals

Income, balance sheet and cash flow

Valuation

P/E, DCF and valuation multiples

Ownership

Institutional and insider holdings

Sentiment

Analyst ratings and news sentiment

WDC in the Technology

Mega Cap

Technology

Browse sector stocks →

Computer Hardware

Browse industry stocks →