WDC · Western Digital Corp · Documents

Western Digital reported revenue of $4,381 million, gross profit of $2,534 million, net income of $1,779 million and operating cash flow of $1,604 million for the three months ended October 2, 2026.

Western Digital reported revenue of $4.4 billion, up 55% year-over-year, EPS of $4.64, and $1.4 billion in free cash flow. The Board approved a 17% increase in the quarterly cash dividend to $0.175 per share.

Western Digital reported fiscal first quarter 2027 revenue of $4.38 billion, up 55% year-over-year, and free cash flow of $1.38 billion. Q2 revenue is expected to be up 66% to 72%, and the dividend was raised 17% to $0.175 per share.

Western Digital Corporation’s November 20, 2026 virtual annual meeting will vote on nine director nominees, executive compensation and KPMG LLP for fiscal 2027, with the Board recommending FOR all three proposals.

Western Digital develops HDD-based data storage solutions. For the fiscal year ended July 3, 2026, Cloud represented 89% of net revenue, the top 10 customers represented 73%, and three customers each represented 10% or more.