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    Western Digital Corporation (WDC)

    Official site

    TECHNOLOGY • COMPUTER HARDWARE • NASDAQ

    $356.45
    -7.65 (-2.10%)

    Market Cap: $124.28B

    Last updated: Oct 19, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    79%(31/39)
    Avg Surprise
    +6.07%
    Streak
    6 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$4.08
    Range$4.00 - $4.40
    20 analysts
    EPS Revisions
    2
    0
    7d
    2
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$3.73+9.2%
    60d ago$4.04+0.9%
    30d ago$4.04+0.9%
    7d ago$4.04+0.9%
    Current$4.08
    Revenue Consensus
    $4.1B
    Range$4.1B - $4.3B
    19 analysts
    Period ending Dec 31, 2026
    EPS Consensus$4.75
    Range$4.19 - $5.93
    20 analysts
    EPS Revisions
    2
    0
    7d
    2
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$4.31+10.4%
    60d ago$4.67+1.8%
    30d ago$4.67+1.8%
    7d ago$4.67+1.8%
    Current$4.75
    Revenue Consensus
    $4.6B
    Range$4.3B - $5.1B
    19 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$4.75---
    Sep 26EST
    -$4.08---
    Jun 26
    Reported Aug 4
    $3.47$3.24+7.10%Beat+109.0%
    Mar 26
    Reported Apr 30
    $2.72$2.39+13.81%Beat+100.0%
    Dec 25
    Reported Jan 29
    $2.13$1.93+10.36%Beat+20.3%
    Sep 25
    Reported Oct 30
    $1.78$1.58+12.66%Beat+0.0%
    Jun 25
    Reported Jul 30
    $1.66$1.48+12.16%Beat+15.3%
    Mar 25
    Reported Apr 30
    $1.36$1.11+22.52%Beat+115.9%
    Dec 24
    Reported Jan 29
    $1.77$1.82-2.75%Miss+356.5%
    Sep 24
    Reported Oct 24
    $1.78$1.71+4.09%Beat+201.1%
    Jun 24
    Reported Jul 31
    $1.44$1.17+23.08%Beat+172.7%
    Mar 24
    Reported Apr 25
    $0.63$0.21+200.00%Beat+146.0%
    Dec 23
    Reported Jan 25
    $-0.69$-1.13+38.94%Beat-64.3%
    Sep 23
    Reported Oct 30
    $-1.76$-1.90+7.37%Beat-980.0%
    Jun 23
    Reported Jul 31
    $-1.98$-2.02+1.98%Beat-211.2%
    Mar 23
    Reported May 8
    $-1.37$-1.56+12.18%Beat-183.0%
    Dec 22
    Reported Jan 31
    $-0.42$-0.13-223.08%Miss-118.3%
    Sep 22
    Reported Oct 27
    $0.20$0.39-48.72%Miss-92.0%
    Jun 22
    Reported Aug 5
    $1.78$1.72+3.49%Beat-17.6%
    Mar 22
    Reported Apr 28
    $1.65$1.50+10.00%Beat+61.8%
    Dec 21
    Reported Jan 27
    $2.30$2.12+8.49%Beat+233.3%
    Sep 21
    Reported Oct 28
    $2.49$2.44+2.05%Beat+283.1%
    Jun 21
    Reported Aug 4
    $2.16$1.50+44.00%Beat+75.6%
    Mar 21
    Reported Apr 29
    $1.02$0.68+50.00%Beat+20.0%
    Dec 20
    Reported Jan 28
    $0.69$0.54+27.78%Beat+11.3%
    Sep 20
    Reported Oct 28
    $0.65$0.55+18.18%Beat+91.2%
    Jun 20
    Reported Aug 5
    $1.23$1.23+0.00%Beat+623.5%
    Mar 20
    Reported Apr 30
    $0.85$0.92-7.61%Miss+400.0%
    Dec 19
    Reported Jan 30
    $0.62$0.58+6.90%Beat-57.2%
    Sep 19
    Reported Oct 30
    $0.34$0.30+13.33%Beat-88.8%
    Jun 19
    Reported Jul 31
    $0.17$0.19-10.53%Miss-95.3%
    Mar 19
    Reported Apr 29
    $0.17N/A-63.83%Miss-95.3%
    Dec 18
    Reported Jan 24
    $1.45$1.50-3.33%Miss-63.3%
    Sep 18
    Reported Oct 25
    $3.04$3.05-0.33%Miss-14.6%
    Jun 18
    Reported Jul 26
    $3.61$3.50+3.14%Beat+23.2%
    Mar 18
    Reported Apr 26
    $3.63$3.31+9.67%Beat+51.9%
    Dec 17
    Reported Jan 25
    $3.95$3.82+3.40%Beat+71.7%
    Sep 17
    Reported Oct 26
    $3.56$3.31+7.55%Beat-
    Jun 17
    Reported Jul 27
    $2.93$2.86+2.45%Beat-
    Mar 17
    Reported Apr 27
    $2.39$2.14+11.68%Beat-
    Dec 16
    Reported Jan 25
    $2.30$2.12+8.49%Beat-

    Dividends

    Dividend Metrics

    Forward Yield0.17%
    Forward Annual Dividend$0.60
    Payout Ratio5.05%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Key Metrics

    Valuation
    P/E Ratio35.29EV/EBITDA11.70x
    Price/FCF36.60xFCF Yield2.73%
    Profitability
    Profit Margin73.00%Operating Margin43.60%
    ROE130.80%ROIC101.36%
    Financial Health
    Debt/Equity0.12xInterest Coverage14.88x
    Current Ratio1.33xQuick Ratio0.97x
    Trading Statistics
    Beta2.17Avg Volume9.08M
    52-Week High$799.6252-Week Low$117.01

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$395.22
    SMA 20$425.54
    SMA 50$444.51
    SMA 200$409.59
    EMA 10$392.49
    EMA 20$412.99
    EMA 50$444.25
    EMA 200$400.45

    MACD

    Line: -23.46Signal: -16.33Hist: -7.13

    ADX

    ADX: 24.1+DI: 12.2-DI: 39.1

    Aroon & PSAR

    Aroon Up36.0
    Aroon Down100.0
    PSAR$413.95

    Bollinger Bands

    Upper Band$497.82
    Lower Band$353.26
    %B Position3397%(Upper)
    Band Width0.02

    RSI (14-Day)

    Neutral
    30.8

    Momentum Oscillators

    Stoch %K13.9
    Stoch %D11.4
    Williams %R-84.3
    ROC (10d)-22.9%
    Momentum-106.11
    CCI (20d)-159.4
    MFI (14d)18.8

    Volatility Measures

    ATR (14d)$25.50(7.2%)
    StdDev (20d)36.14
    Hist Vol62.2%(High)

    Volume Flow

    VWAP$349.76
    OBV635.1M
    AD Line21.0M
    CMF (20d)0.162

    Volume Metrics

    Avg Vol (20d)9.2M
    Vol Ratio1.3x
    VWMA (20d)$421.13

    Pivot Points

    R3$396.63
    R2$389.49
    R1$376.79
    Pivot Point$369.65
    S1$356.95
    S2$349.81
    S3$337.11

    Advanced Oscillators

    TSI-23.73
    Ultimate Osc50.6
    KST-112.98

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$3.75B$3.34B$3.02B$2.82B$2.60B$2.29B$2.41B$2.21B$-1,217,000,000$1.75B$3.03B$2.75B
    Cost of Revenue$1.72B$1.66B$1.64B$1.59B$1.54B$1.38B$1.50B$1.41B$-1,880,000,000$1.23B$2.54B$2.65B
    Gross Profit$2.03B$1.68B$1.38B$1.23B$1.07B$912.00M$907.00M$806.00M$663.00M$519.00M$492.00M$99.00M
    Operating Expenses$465.00M$486.00M$472.00M$435.00M$387.00M$152.00M$347.00M$472.00M$354.00M$425.00M$702.00M$695.00M
    R&D$284.00M$294.00M$289.00M$294.00M$262.00M$245.00M$225.00M$262.00M$-168,000,000$243.00M$444.00M$431.00M
    SG&A$138.00M$147.00M$128.00M$138.00M$124.00M$108.00M$132.00M$204.00M$145.00M$176.00M$198.00M$207.00M
    Operating Income$1.56B$1.19B$908.00M$792.00M$680.00M$760.00M$560.00M$334.00M$309.00M$94.00M$-210,000,000$-596,000,000
    Interest Income$10.00M$12.00M$12.00M$17.00M$19.00M$10.00M$9.00M$7.00M$5.00M$8.00M$12.00M$8.00M
    Interest Expense$14.00M$583.00M$54.00M$59.00M$174.00M$91.00M$93.00M$99.00M$100.00M$108.00M$108.00M$98.00M
    Income Before Tax$3.25B$3.36B$1.96B$1.34B$347.00M$74.00M$466.00M$243.00M$214.00M$-12,000,000$-259,000,000$-682,000,000
    Income Tax Expense$52.00M$154.00M$120.00M$155.00M$95.00M$-698,000,000$0$90.00M$-1,000,000$-4,000,000$28.00M$3.00M
    Net Income$3.19B$3.21B$1.84B$1.18B$282.00M$520.00M$594.00M$493.00M$39.00M$135.00M$-287,000,000$-685,000,000
    EBITDA$3.35B$4.03B$2.10B$1.47B$588.00M$265.00M$670.00M$470.00M$447.00M$233.00M$-15,000,000$-441,000,000
    EBIT$3.25B$3.93B$2.00B$1.38B$502.00M$155.00M$550.00M$335.00M$309.00M$88.00M$-163,000,000$-592,000,000
    * Some calculated fields are derived from available data when not provided by source

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    WDC Valuation and Fair Value

    P/E
    35.3x
    Forward P/E
    22.8x
    EV/EBITDA
    11.7x
    P/FCF
    36.6x
    PEG
    0.9x
    P/B
    14.5x
    See GNG's fair value

    WDC Profitability: Margins, ROIC and FCF

    Gross margin
    48.9%
    Operating margin
    43.6%
    Net margin
    73.0%
    ROIC
    101.4%
    ROE
    130.8%
    FCF margin
    27.2%
    FCF yield
    2.7%

    WDC Analyst Ratings

    Consensus
    Buy
    Analysts
    26
    Strong Buy
    4
    Buy
    17
    Hold
    5
    Sell
    0
    Strong Sell
    0

    WDC Bull Case vs Bear Case

    Bull case

    • WDC earns a 101.4% return on invested capital.
    • WDC converts 27.2% of revenue into free cash flow.
    • WDC has a 73.0% net profit margin.

    WDC Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    10.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $4.08
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    2 up, 0 down

    WDC Dividend

    Forward yield
    0.2%
    Payout ratio
    5.0%
    Pay months
    Mar, Jun, Sep, Dec
    WDC dividend history

    Frequently Asked Questions About WDC

    What is WDC's current dividend yield?

    Western Digital Corporation (WDC) has a forward dividend yield of 0.17%.

    Does WDC pay dividends?

    Yes, Western Digital Corporation pays dividends with a forward dividend yield of 0.17%.

    What is WDC's P/E ratio?

    Western Digital Corporation has a price-to-earnings (P/E) ratio of 35.29.

    What is WDC's market cap?

    Western Digital Corporation (WDC) has a market capitalization of $124.28B with a current stock price of $356.45.

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