Revenue segments as reported by the company.

Flash

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Employee termination, asset impairment and other charges

Business separation costs

Litigation matter

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Western Digital

SanDisk is a manufacturer of flash memory products, including memory cards and readers, USB flash drives, and solid state drives. As of February 2015, SanDisk is the third-largest manufacturer of flash memory. On May 12, 2016, SanDisk was acquired by hard drive manufacturer Western Digital in a US$19 billion deal.

SanDisk

HGST is a wholly owned subsidiary of Western Digital that sells hard disk drives, solid-state drives, and external storage products and services.

HGST

Western Digital Corp. engages in the development, manufacture, marketing, and sale of data storage devices and solutions. It operates through the Flash and Hard Disk Drive segments. The Flash segment represents flash-based data storage devices. The Hard Disk Drive segment provides hard disk storage solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Western Digital faces revenue decline but anticipates improvement and cost reduction

Western Digital's Q3 performance reflects a mixed picture with revenue and margin improvements in certain segments but overall decline in total revenue. The company is focused on proactive cost management, investment decisions, and automation to address ongoing financial challenges. Despite the current market environment, there are opportunities for improvement in the second half and cost reduction with BiCS8.

Western Digital faces revenue decline and operational challenges in Q2

Western Digital's Q2 performance reflects revenue decline, operational challenges, and strategic actions to reset the business. Despite facing headwinds in the cloud segment, the company is strengthening its financial position and focusing on cost reduction. Opportunities exist in market stabilization, product demand improvement, and strategic financial management.

Western Digital exceeds Q3 expectations amidst demand stabilization signs

Western Digital's Q3 performance showed resilience with signs of demand stabilization and strategic actions yielding positive results in both HDD and Flash businesses. While facing revenue challenges and margin pressures, the company remains focused on addressing network security incidents and optimizing cost management strategies.

Western Digital reports Q4 revenue growth and anticipates technology opportunities

Western Digital's Q4 performance showcased revenue growth in flash shipments, operational optimization, and stabilization of hard drive demand.
The company's strengths lie in executing an innovative product roadmap, enhancing liquidity, and anticipating growth in data center technologies.
Challenges include underutilization charges, margin management concerns, and the impact of lower CapEx on future investments.
Opportunities include expected growth in 26 terabyte drives, SMR technology adoption, and recovery in nearline units, presenting avenues for business expansion.

Western Digital plans to spin off flash business for growth

Western Digital's Q1 performance exceeded revenue expectations but reported a non-GAAP loss per share, with sequential growth in flash revenue and challenges in HDD revenue.
The company's strategic decision to spin off the flash business aims to unlock shareholder value and capitalize on the flash market's growth potential.
Opportunities lie in the HDD business's innovation and growth prospects, while challenges include underutilization charges and market weaknesses in China.
Dynamic management of wafer starts and a focus on profitability and free cash flow are key strategies moving forward for Western Digital.

Western Digital meets Q2 expectations, eyes NAND market growth

Western Digital's Q2 performance met expectations with strengths in flash business management and sequential revenue growth.
Challenges include operating losses, cash outflow, and client revenue decline due to flash ASP increase.
Opportunities lie in the growing demand for NAND bits at the edge, cost reduction trends, and emerging enterprise SSD market.
Overall, Western Digital's focus on product leadership and profitability improvement positions it for long-term success.

Western Digital exceeds Q3 expectations, focuses on AI growth

Western Digital's Q3 2024 earnings call showcased strong financial performance, exceeding revenue and EPS expectations.
The company is strategically positioned to capitalize on increasing AI demand, with a focus on profitability and market leadership.
Challenges include managing bit growth, monitoring AI impact on HDD demand, and maintaining gross margin targets.
Opportunities lie in leading technology development, tailored product offerings, and partnerships for market advantage.

Western Digital reports strong Q4 earnings, eyes growth opportunities

Western Digital's Q4 performance reflects solid revenue and earnings, driven by growth in Flash and HDD segments.
The company's strengths in innovation, market positioning, and strategic planning position it well for future growth.
While facing challenges such as dis-synergy costs and industry dynamics, Western Digital has opportunities to capitalize on market trends and drive further revenue growth.

Western Digital excels in Q1 2025 earnings, anticipates sequential growth

Western Digital's Q1 performance reflects a robust financial position with strong revenue and earnings growth. The company's strategic focus on Flash and HDD businesses, along with the ongoing separation process, positions it well for future opportunities and growth.

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Cost of revenue

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EBITDA

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Net PPE

Intangibles

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

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Funds from operations

Change in working capital

Cash from investing

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Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

In the most recent trading session, Western Digital (WDC) closed at $80.23, indicating a +0.46% shift from the previous trading day.

Western Digital (WDC) Rises Higher Than Market: Key Facts

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Western Digital's (WDC) six-stage AI Data Cycle Storage Framework is designed to aid clients in strategizing and advancing storage infrastructures to fully capitalize on their AI investments.

Western Digital (WDC) Unveils AI Data Cycle Storage Framework

SAN JOSE, Calif.--(BUSINESS WIRE)--Fueling the next wave of AI innovation, Western Digital (NASDAQ: WDC) today introduced a six-stage AI Data Cycle framework that defines the optimal storage mix for AI workloads at scale. This framework will help customers plan and develop advanced storage infrastructures to maximize their AI investments, improve efficiency, and reduce the total cost of ownership (TCO) of their AI workflows. AI models operate in a continuous loop of data consumption and generat.

Western Digital Introduces New AI Data Cycle Storage Framework to Help Customers Capture the Value of AI

Western Digital Corporation (NASDAQ:WDC ) Bank of America 2024 Global Technology Conference June 4, 2024 1:40 PM ET Company Participants Jasmine Nouri - IR Manager Wissam Jabre - EVP and CFO Conference Call Participants Wamsi Mohan - Bank of America Wamsi Mohan Thank you for joining us at BofA's 2024 Tech Conference. Delighted to see many familiar faces over here in the room.

Western Digital Corporation (WDC) Bank of America 2024 Global Technology Conference (Transcript)

Western Digital (WDC) closed at $73.94 in the latest trading session, marking a -1.39% move from the prior day.

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SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (NASDAQ: WDC) today announced that on Monday, June 10, 2024, at 1:00 p.m. Pacific / 4:00 p.m. Eastern, Robert Soderbery, Executive Vice President and General Manager of Western Digital's Flash business and other senior executives will be hosting a webcast on the “New Era of NAND.” The management team will share Western Digital's view of the new dynamics in the NAND market and Western Digital's commitment to innovation in NAND technology.

Western Digital to Present “New Era of NAND”

Western Digital Corporation (NASDAQ:WDC ) TD Cowen 52nd Annual Technology, Media & Telecom Conference May 30, 2024 9:05 AM ET Company Participants Peter Andrew - VP, Financial Planning and Analyst and IR David Goeckeler - CEO Conference Call Participants Krish Sankar - TD Cowen Krish Sankar All right. Good morning, everybody.

Western Digital Corporation (WDC) TD Cowen 52nd Annual Technology, Media & Telecom Conference (Transcript)

Western Digital Corporation (NASDAQ:WDC ) Goldman Sachs Global Semiconductor Conference May 29, 2024 3:20 PM ET Company Participants David Goeckeler - CEO Wissam Jabre - CFO Conference Call Participants Toshiya Hari - Goldman Sachs Toshiya Hari All right. We'd like to get started.

Western Digital Corporation (WDC) Goldman Sachs Global Semiconductor Conference (Transcript)

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Western Digital Corporation (NASDAQ:WDC ) JPMorgan's 52nd Annual Technology, Media & Communications Conference May 20, 2024 8:00 AM ET Company Participants Wissam Jabre - CFO Peter Andrew - IR Conference Call Participants Harlan Sur - JPMorgan Harlan Sur Good morning, and welcome to the first day of J.P. Morgan's 52nd Annual Technology, Media & Communications Conference.

Western Digital Corporation (WDC) JPMorgan's 52nd Annual Technology, Media & Communications Conference (Transcript)

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Western Digital (WDC) Q3 Earnings & Revenues Beat Estimates

Start Time: 16:30 January 1, 0000 5:04 PM ET Western Digital Corporation (NASDAQ:WDC ) Q3 2024 Earnings Conference Call April 25, 2024, 16:30 PM ET Company Participants David Goeckeler - CEO Wissam Jabre - EVP and CFO Peter Andrew - VP, Financial Planning and Analyst and IR Conference Call Participants C.J. Muse - Cantor Fitzgerald.

Western Digital Corporation (WDC) Q3 2024 Earnings Call Transcript

Western Digital surpassed expectations for quarterly revenue and profit on Thursday, riding on a surge in demand for its data storage products from cloud service providers.

Western Digital tops profit expectations on demand from cloud-computing customers

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SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today reported fiscal third quarter 2024 financial results. “As evidenced by our excellent third quarter results, Western Digital continues improving through-cycle profitability and dampening business cycles by leveraging our strategy of developing a diversified portfolio of industry-leading products across a broad range of end markets,” said David Goeckeler, Western Digital CEO. “We are in the early innings of unlocking the.

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