StratGraph
Companies / Information Technology
WDC

Western Digital

Technology Hardware, Storage & Peripherals

Technology Hardware, Storage & PeripheralsAnalysis in progress
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Business at a glance

Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work

Operating health76
Growth100
Profitability92
Cash generation63
Balance sheet87
Dilution control38
Key ratios and five-year financials
Latest quarter revenue YoY (2026-10-02)55.5%Revenue growth (FY)35.7%Revenue CAGR (3y)27.4%Gross margin48.9%Operating margin34.5%Net margin72.9%Free cash flow margin27.2%R&D / revenue9.0%Stock comp / revenue1.6%Net debt / operating cash flow0.13xCurrent ratio1.33Diluted share count change6.7%
Fiscal year endingFY 2022-07FY 2023-06FY 2024-06FY 2025-06FY 2026-07
Revenue$18.8B$6.3B$6.3B$9.5B$12.9B
Gross profit$5.9B$1.4B$1.8B$3.7B$6.3B
Operating income$2.4B-$548M-$403M$2.3B$4.5B
Net income$1.5B-$1.7B-$798M$1.9B$9.4B
Operating cash flow$1.9B-$408M-$294M$1.7B$3.9B
Capital expenditure$1.1B$821M$487M$412M$418M
Free cash flow$758M-$1.2B-$781M$1.3B$3.5B
R&D$2.3B$986M$950M$994M$1.2B
Stock-based comp$326M$318M$295M$265M$204M
Buybacks—$0$0$149M$2.6B
Dividends$0$0$0$44M$174M
Cash$2.3B$2.0B$1.6B$2.1B$1.6B
Total debt$7.0B$8.3B$9.2B$6.9B$2.1B
Equity$12.3B$11.0B$10.8B$5.3B$8.9B

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