Skip to content
NASDAQ · COMPUTER STORAGE DEVICES · LARGE CAP

Western Digital Corp. WDC

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$12.9B
▲ 35.7% YoY
$9.4B
▲ 398.9% YoY
$3.5B
▲ 174.5% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Western Digital is a developer, manufacturer and provider of data storage devices and solutions based on hard disk drive (HDD) technology. At the end of 2025, it employed approximately 40,000 people worldwide across 24 countries, with approximately 88% of employees in Asia Pacific, approximately 11% in the Americas and less than 1% in Europe, the Middle East and Africa. Its portfolio of technology and products addresses customers' storage needs through three end markets, Cloud, Client and Consumer, comprised of the Western Digital and WD brands. It provides the Cloud end market with an array of high-capacity enterprise HDDs and platforms. Through the Client end market, it provides original equipment manufacturer and channel customers a range of HDD solutions across desktop and notebooks. It serves the Consumer end market with a portfolio of HDD external storage products through its retail and channel routes to market. Western Digital was founded in 1970 and is a Standard & Poor's 500 company headquartered in San Jose, California.

Written from the business description in WESTERN DIGITAL CORP's annual report to the U.S. Securities and Exchange Commission, filed 14 August 2025. Every sentence was checked against that document before publication.

Growth

USD 12.9B
Revenue, FY2025 · full 16-year series below
Revenue $B Net income $B
FY2025 · Revenue 12.9 · Net income 9.4
10B20B
200720112014201820222025
Compound annual growth
+27.4%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

73 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 34.5% · Net 72.9%
20%40%60%-10%-20%
200720162025
ROE
FY2025 · ROE 133.0%
50%100%
200720162025
Three returns, three denominators.

Each USD of equity produced 133 cents of profit this year.

Cash & shareholders

USD 2.8B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 3.5
1.5B3.0B-0.5B-1.0B
200720162025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.2 · Net buybacks 2.6
1B2BDividendsNet buybacks
200720102012201420172019202220242025

USD 174.0M in dividends and USD 2.6B in buybacks — 29% of the year's profit went back to shareholders.

Total assetsUSD 13.9B
EquityUSD 8.9B
CashUSD 1.6B
Gross debtUSD 1.1B
Net debtUSD -527.0M
Current ratio1.33×

The company holds more cash than debt.

The 16-year record

16 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
WDC, 16-year financial record
Metric 2025202420232022202120192018201720162014201320122011201020082007
Revenue $B12.99.56.36.318.816.716.620.613.014.615.115.412.59.57.58.1
Operating income $B4.52.3−0.4−0.52.40.30.13.60.51.61.81.31.80.80.51.0
EBITDA $B4.82.80.2−0.23.11.10.94.51.42.42.7◌◌◌◌◌
Income tax $B0.5−0.50.00.10.60.20.51.4−0.10.10.10.20.10.10.00.1
Net income $B9.41.9−0.8−1.71.5−0.2−0.80.70.21.51.61.01.60.70.50.9
Free cash flow $B3.51.3−0.8−1.20.80.20.73.41.41.62.22.22.40.90.80.8
EPS, diluted $24.285.12−2.61−5.374.89−0.84−2.582.201.006.186.683.986.583.092.083.84
Dividend / sh $0.500.10◌◌0.001.502.002.002.001.801.25◌◌◌◌◌
Payout %22−0−00−238−77881922716180———
ROE %133.023.4−7.3−14.512.5−2.6−7.06.02.216.219.312.624.513.216.032.2
Shares out B0.360.350.340.320.320.300.290.300.280.230.230.240.250.230.23◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 78 reconciliationsAUDITED

Reconciled in 16 of the 16 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityComputer Storage Devices
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsJuly 3
Data on record since2007

Share this section

Download image