TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

TTENK/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Options calculator
  • Leaderboards
  • Insider trades
  • 13F funds
  • Groups
  • Trending
  • News

More

  • Pricing
  • Feedback
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Pulling SEC filings + quote and writing the call…

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback
Home›WDC›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

WESTERN DIGITAL CORP (WDC) financials

Income statement

WESTERN DIGITAL CORP (WDC) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$19.1B$20.6B$16.6B$16.7B$16.9B$18.8B$6.25B$6.32B$9.52B
Revenue growth——8.1%-19.8%1.0%1.1%11.1%-66.7%1.0%50.7%
Gross profit$3.44B$6.07B$7.71B$3.75B$3.78B$4.52B$5.87B$1.39B$1.77B$3.69B
Gross margin—31.8%37.3%22.6%22.6%26.7%31.3%22.2%28.1%38.8%
Operating income$466M$1.95B$3.62B$87.0M$335M$1.22B$2.39B-$548M-$403M$2.33B
Operating margin—10.2%17.5%0.5%2.0%7.2%12.7%-8.8%-6.4%24.5%
Net income$242M$397M$675M-$754M-$250M$821M$1.55B-$1.68B-$798M$1.89B
Net margin—2.1%3.3%-4.6%-1.5%4.9%8.2%-26.9%-12.6%19.8%
EPS (diluted)$1.00$1.34$2.20-$2.58-$0.84$2.66$4.89-$5.37-$2.61$5.12

Cash flow

WESTERN DIGITAL CORP (WDC) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$1.98B$3.44B$4.21B$1.55B$824M$1.90B$1.88B-$408M-$294M$1.69B
Capital expenditures$584M$578M$835M$876M$647M$1.15B$1.12B$821M$487M$412M
Free cash flow$1.40B$2.86B$3.37B$671M$177M$752M$758M-$1.23B-$781M$1.28B
Share buybacks$60.0M$0.00$591M$563M$0.00$0.00—$0.00$0.00$149M
Dividends paid$464M$574M$593M$584M$595M$0.00$0.00$0.00$0.00$44.0M

Balance sheet

WESTERN DIGITAL CORP (WDC) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$8.15B$6.35B$5.00B$3.46B$3.05B$3.37B$2.33B$2.02B$1.55B$2.11B
Total assets$32.9B$29.9B$29.2B$26.4B$25.7B$26.1B$26.3B$24.5B$24.2B$14.0B
Total liabilities$21.7B$18.4B$17.7B$16.4B$16.1B$15.4B$14.0B$12.7B$13.1B$8.46B
Long-term debt$13.7B$12.9B$11.0B$10.2B$9.29B$8.47B$7.02B$5.86B$5.68B$2.48B
Shareholders' equity$11.1B$11.4B$11.5B$9.97B$9.55B$10.8B$12.3B$11.0B$10.8B$5.31B
Retained earnings$8.85B$8.63B$8.76B$7.45B$6.72B$7.54B$9.04B$7.57B$6.78B$762M
Shares (wtd avg diluted)242M296M307M292M298M309M316M318M326M359M

Every figure is extracted from WESTERN DIGITAL CORP’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is WESTERN DIGITAL CORP's annual revenue?
WESTERN DIGITAL CORP (WDC) reported $9.52B of revenue for fiscal year 2025 — up 50.7% from $6.32B in FY2024, per its annual report filed with the SEC.
Is WESTERN DIGITAL CORP profitable?
Yes — WDC earned $1.89B of net income in FY2025, a 19.8% net margin, per SEC filings.
What is WESTERN DIGITAL CORP's free cash flow?
$1.28B in FY2025 (operating cash flow $1.69B minus $412M of capital expenditures), from the SEC cash-flow statement.
Does WDC pay a dividend?
Yes — WESTERN DIGITAL CORP paid $44.0M in cash dividends during FY2025, per its SEC cash-flow statement.
Full WDC analysis — verdict, score & filings →Is WDC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.