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Western Digital Corp (WDC): Financial Statements and Key Figures

Western Digital Corp (ticker WDC) is classified by the SEC under industry code 3572, Computer Storage Devices, and is listed on Nasdaq. It files its annual report with the U.S. Securities and Exchange Commission (SEC) on Form 10-K and reports in US dollars. Its fiscal 2026 ended on 3 July 2026; the annual report for that year was filed on 14 August 2026. For that year it reported revenue of US$ 12,919 million, net income of US$ 9,424 million and total assets of US$ 13,861 million at the year end. Fiscal years 2017 to 2026 are shown below.

The figures are as the company filed them, standardised by reporting tag; the filing is the authority. For education and analysis, not investment advice.

Key Figures

Money in US$ millions; earnings per share in US dollars. Free cash flow is the cash from operating activities less capital expenditures. Total debt is short-term plus long-term debt, or the total the company itself tags when that is larger. A margin is the profit line divided by revenue; return on equity is net income divided by the average of shareholders' equity at the start and the end of the year. A blank cell means the company does not report the line under a standard tag; it does not mean zero.

Table 1: Key figures of Western Digital Corp by fiscal year
Fiscal year2017201820192020202120222023202420252026Last 12 months to 2 Oct 2026
year ended on30 Jun29 Jun28 Jun3 Jul2 Jul1 Jul30 Jun28 Jun27 Jun3 Julnot a fiscal year
Revenue (US$ millions)19,09320,64716,56916,73616,92218,7936,2556,3179,52012,91914,482
Net income (US$ millions)397675−754−2508211,546−1,684−7981,8899,42410,021
Earnings per share, diluted (US$)1.342.20−2.58−0.842.664.89−5.37−2.615.1224.2825.84
Cash from operating activities (US$ millions)3,4374,2051,5478241,8981,880−408−2941,6913,9294,861
Free cash flow (US$ millions)2,8593,370671177752758−1,229−7811,2793,5114,289
Total assets (US$ millions)29,86029,23526,37025,66226,13226,25924,42924,18814,00213,86114,239
Total debt (US$ millions)13,35611,17210,5229,5758,7257,0227,0707,4344,7111,052789
Shareholders' equity (US$ millions)11,41811,5319,9679,55110,72112,22110,84710,8185,3118,8649,348
Gross margin31.8 %37.3 %22.6 %22.6 %26.7 %31.3 %22.2 %28.1 %38.8 %48.9 %52.6 %
Operating margin10.2 %17.5 %0.5 %2.0 %7.2 %12.7 %−8.8 %−6.4 %24.5 %34.5 %39.4 %
Net margin2.1 %3.3 %−4.6 %−1.5 %4.9 %8.2 %−26.9 %−12.6 %19.8 %72.9 %69.2 %
Return on equity3.5 %5.9 %−7.0 %−2.6 %8.1 %13.5 %−14.6 %−7.4 %23.4 %133.0 %

The last column is not a fiscal year. It is the last twelve months to 2 October 2026: the last fiscal year, plus the year to date in the latest quarterly report (Form 10-Q, filed 23 October 2026), less the same year-to-date period a year before; total assets, total debt and equity are those of the quarterly balance sheet. Quarterly reports are unaudited interim data. The column enters no growth rate and no chart.

Charts

Figure 1: Revenue and net income by fiscal year (US$ millions)

Figure 2: Cash from operating activities and free cash flow by fiscal year (US$ millions)

Compound Growth

The compound annual growth rate is the single yearly rate that, applied every year, takes the first value to the last one: the last value divided by the first, raised to the power of one over the number of years, less one. It uses only the two end values, so an unusual first or last year moves it a great deal.

  • Revenue: 12,994 in fiscal 2016 to 12,919 in fiscal 2026 (US$ millions), 10 years: −0.1 % a year.
  • Diluted earnings per share: 1.00 in fiscal 2016 to 24.28 in fiscal 2026 (US dollars per share), 10 years: 37.6 % a year.

Analyse This Company

Each link opens a calculator with Western Digital Corp loaded from the same data.

  • Company Financial Statements: The full income statement, balance sheet and cash flow statement of each fiscal year, with common-size and growth views.
  • Capital Allocation History: Where the cash from operations went each year: capital expenditures, dividends, share repurchases, debt.
  • Dividend Sustainability: How the dividends paid compare with earnings and with free cash flow, year by year.
  • Earnings Quality Trend: How much of reported earnings arrived as cash, and how accruals moved over the years.
  • Reverse DCF: The growth in free cash flow that a share price you type would assume.
  • Financial Quality Scores: The Piotroski F-score and the DuPont breakdown of return on equity, worked step by step.
  • Valuation Range: What a share price you type corresponds to as multiples of earnings, cash flow and book value, against the company's own history.

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Same Industry

The 4 other companies in the data with the industry code 3572 (Computer Storage Devices), in alphabetical order; the index lists every company.

Source

The annual report first filed for each fiscal year, with a link to its index page on EDGAR, the SEC's filing system. A later annual report repeats earlier years for comparison and sometimes restates them; where a value was taken from a later report, the last column gives the date of the latest one used.

Table 2: The filing behind each fiscal year
Fiscal yearYear endedFormFiledOn EDGARLater report used, filed
20263 Jul 2026Form 10-K14 Aug 2026filing index
202527 Jun 2025Form 10-K14 Aug 2025filing index14 Aug 2026
202428 Jun 2024Form 10-K20 Aug 2024filing index14 Aug 2026
202330 Jun 2023Form 10-K22 Aug 2023filing index14 Aug 2025
20221 Jul 2022Form 10-K25 Aug 2022filing index20 Aug 2024
20212 Jul 2021Form 10-K27 Aug 2021filing index22 Aug 2023
20203 Jul 2020Form 10-K28 Aug 2020filing index25 Aug 2022
201928 Jun 2019Form 10-K27 Aug 2019filing index27 Aug 2021
201829 Jun 2018Form 10-K24 Aug 2018filing index28 Aug 2020
201730 Jun 2017Form 10-K29 Aug 2017filing index27 Aug 2019
  • The figures are as filed with the SEC and standardised by reporting tag. The filing is the authority: check it before relying on a number.
  • A blank cell means the company does not tag that line, or the tagged figure is withheld as incomplete. It does not mean zero.
  • Currency: every figure is in the currency the company reported that year (US dollars here). Nothing is converted.
  • Per-share figures are adjusted for stock splits detected from the company's own restated figures, except where a year is flagged; the as-filed values are in the filings.
  • For a bank, broker, insurer or other financial company (SIC codes 6000 to 6799) net debt, EBITDA, the current ratio and debt to equity are not meaningful and the tools show them as n/m.
  • A fiscal year is named after the calendar year in which it ends. The data is updated from time to time, not daily; this company's figures were loaded on 13 November 2026.

For education and analysis, not investment advice.