What happened
Western Digital grew revenue 36% to $12.92 billion and more than doubled operating income to $4.45 billion, as gross margin rose from 38.8% to 48.8%. Reported net income was $9.42 billion, which is more than twice operating income.
A $6.5B gain on the Sandisk stake turned $4.5B of operating profit into $9.4B of net income
The read at a glance✓ Audited against SEC data
- Growth — Revenue up 36% to $12.92B; Cloud alone is $11.49B of itOK
- Profitability — Operating income $4.45B, up from $2.33B; gross margin 48.8%, from 38.8%OK
- Balance sheet — Altman score 3.36, inside the safe band, after using the Sandisk stake to retire debtOK
- Accounting quality — Earnings-quality score 64.2 and an earnings-manipulation flag, both driven by a one-off gainWatch
- Capital allocation — $2.59B buybacks and $0.17B dividends, alongside large debt reductionOK
- Customer mix — Cloud is 89% of revenue in a single reportable segmentWatch
Where the revenue comes from
Fiscal 2026, as WESTERN DIGITAL CORP reports it. History and quarterly detail are in the app.
- Cloud$11.5B
- Client Devices$726.0M
- Consumer$703.0M
Leadership changes
From WESTERN DIGITAL CORP's own filings, the day they're filed.
- Manuvir Das · Directors · appointmenteff. 2026-05-26
- Brad Feller · President · appointmenteff. 2025-11-14
- Gene M. Zamiska · President · appointmenteff. 2025-11-14
Latest filings
- DEF 14A · Annual proxy (pay & governance)2026-10-05
- 8-K · Company announcement2026-09-14
- 8-K · Company announcement2026-08-26
- 10-K · Annual report2026-08-14
- 8-K · Company announcement2026-08-05
In the full recordFree for 14 days
- The business🔒
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Why it matters🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about WESTERN DIGITAL CORP, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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