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WDC $415.29 -10.22%
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WDC · Western Digital Corp
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$415.29 -47.27 (-10.22%) At close · Oct 2
Market Cap
$164.70B
Shares
360.54M
Volume · Oct 2 24.77M Avg daily vol (3M) 7.49M
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Earnings call · FY2026 Q3

Western Digital Corp (WDC) Q3 2026 Earnings Call

Concluded Apr 30, 2026
Apr 30, 2026 0 turns
Period
FY2026 Q3
Runtime
—
Sources
2 artifacts

Executive readout · one minute

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HAMR technology development 42 ePMR product ramp 40 AI-driven demand for storage 34 Gross margin expansion 33 Revenue and earnings growth 29 Supply tightness and roadmap acceleration 22

Management tone

Confident

Net tone +85 · low hedging

Grounding quotes
  • “Western Digital delivered another quarter of strong financial performance, reflecting disciplined execution across our organization and our ability to meet the customers' growing demand in the AI-driven data economy.”
  • “These agreements indicate a strong trust that we have built with our customers and confidence in our ability to meet their exabyte needs.”
  • “Looking ahead, we see our positive momentum continuing and we will remain focused on supporting our customers' exabyte storage requirements while completing qualifications and launching our next-generation HAMR and ePMR drives.”
  • “We anticipate revenue to be $3.2 billion, plus or minus $100 million. At midpoint, this reflects a growth of approximately 40% year-over-year.”

Research coverage

2 live sources

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Revenue $3.34B +45.5% YoY
Diluted EPS $8.20 +477.5% YoY
Gross margin 50.2% +10.4 pp YoY
Net income $3.21B +516.3% YoY

Research materials

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Quarter detail

How the reported period landed and where the business moved.

Revenue · products & services

Cloud$2.97B +48.1% YoY
Consumer$186.00M +24% YoY
Client Devices$179.00M +30.7% YoY

Capital returned

Buybacks · derived
$752.00M
Shares repurchased
2.90M
Dividend / share
$0.15
Full-screen source Call document