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Companies / Information Technology / Western Digital
WDC

Western Digital

Information TechnologyIndustrial MachineryS&P 500
Ticker WDCSAN JOSE, CAFiscal year ends JulyBook value per share $24.34Diluted shares 384.0M

Western Digital Corporation (Nasdaq: WDC) develops, manufactures and provides hard disk drive (HDD) data storage devices and solutions for cloud data centers, enterprise storage, edge computing, smart video, and client and consumer devices. Its customers include cloud service providers, computer manufacturers and… From the company’s description.

In fiscal 2026, Western Digital reported revenue of $12.92B, up 35.7% from fiscal 2025, and net income of $9.42B. Its operating margin was 34.5%, and operations generated $3.93B in cash. Over the twelve months to Oct 2, 2026, revenue was $14.48B.

Fiscal year 2026 · ends 07-03Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-10-02
Sales & profitability
$12.92BFY2026
+35.7% year over year
Last 12 mo $14.48B
34.47%FY2026
+10 percentage points
Last 12 mo 39.41%
$9.42BFY2026
+398.9% year over year
Last 12 mo $10.02B
106.32%FY2026
+70.7 percentage points
Last 12 mo 107.20%
Cash & financing
$3.93BFY2026
+132.3% year over year
Last 12 mo $4.86B
$3.51BFY2026
+174.5% year over year
Last 12 mo $4.29B
0.12FY2026
Was 0.89× a year earlier
Last 12 mo 0.08
383.0MFY2026
+6.7% year over year
Last 12 mo 384.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Western Digital does

In the company’s own words

Western Digital Corporation (Nasdaq: WDC) develops, manufactures and provides hard disk drive (HDD) data storage devices and solutions for cloud data centers, enterprise storage, edge computing, smart video, and client and consumer devices. Its customers include cloud service providers, computer manufacturers and other original equipment manufacturers, resellers, distributors and retailers. The business serves three end markets: Cloud, its largest, focused on high-capacity enterprise HDDs for public and private cloud environments; Client, which supplies HDDs for desktop and notebook computers; and Consumer, which offers external HDD storage products through retail and channel partners. Products are sold under the Western Digital and WD brands. The company designs and manufactures substantially all of the recording heads and magnetic media used in its HDDs, while relying on external suppliers for other components. Founded in 1970, Western Digital separated its flash-based products business in 2025 and now focuses on HDD technology. It employed approximately 40,000 people worldwide at the end of fiscal 2026, and Cloud accounted for 89% of net revenue that year. Its website is www.westerndigital.com.

Company details
Sector
Information Technology
Industry (SIC)
Industrial Machinery
Headquarters
SAN JOSE, CA
Fiscal year end
July
CIK
106040
SIC
3572

Financial performance, year by year

Fiscal 2014–2026 · USD
$-3.94B$2.76B$9.47B$16.18B$22.88B2014201520162017201820192020202120222023202420252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Western Digital — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.2K
funds hold it
0 of 35
superinvestors hold it
$90.59B
held by funds, at market
42.1%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Western Digital’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.30%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.34%of fund net assets
0.95%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.34%of fund net assets
1.57%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Western Digital’s bonds, as funds hold them

Funds report holding 1 issues of Western Digital’s debt, $2.11B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.00%, maturing 2028 to 2028.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Western Digital and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Western Digital's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Western Digital's last four quarterly filings that the numbers alone won't show?”
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