Full text
Earnings transcript
Read the complete earnings call transcript.
WDC
Western Digital Corporation
$294.97
-2.76
(-0.93%)
Delayed data
| Exchange: | NASDAQ |
| Market Cap: | 100.006B |
| Shares Outstanding: | 39.615M |
About The Company
| Sector: | Technology | |||||
| Industry: | Computer Hardware | |||||
| CEO: | Tiang Yew Tan | |||||
| Full Time Employees: | 40000 | |||||
| Address: |
| |||||
| Website: | https://www.westerndigital.com |
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications; and flash-based memory wafers. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions for data storage systems and tiered storage models; and data storage platforms. In addition, it offers client solutions, such as external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field back up of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the G-Technology, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 6,255,000 | 6,317,000 | 9,520,000 |
| Gross Profit | 1,391,000 | 1,773,000 | 3,692,000 |
| EBITDA | 289,000 | 243,000 | 1,938,000 |
| Operating Income | -548,000 | -403,000 | 2,334,000 |
| Net Income | -1,684,000 | -798,000 | 1,861,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 24,546,000 | 24,188,000 | 14,002,000 |
| Total Liabilities | 12,706,000 | 13,141,000 | 8,462,000 |
| Total Stockholders Equity | 11,840,000 | 11,047,000 | 5,540,000 |
| Total Debt | 7,070,000 | 7,434,000 | 4,711,000 |
| Cash and Cash Equivalents | 2,023,000 | 1,551,000 | 2,114,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | -408,000 | -294,000 | 1,691,000 |
| Capital Expenditure | -807,000 | -487,000 | -407,000 |
| Free Cash Flow | -1,215,000 | -781,000 | 1,284,000 |
| Net Income | -1,706,000 | -798,000 | 1,889,000 |
| Net Change in Cash | -304,000 | -144,000 | 235,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 13,277,580.216 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 15,594,394.802 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 14,338,000 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 1,633,253.171 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 1,918,240.699 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 1,763,693.653 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 3,637,459.810 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 4,482,829.422 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 4,024,390.011 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 1,137,477.706 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 1,335,957.015 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 1,228,322.863 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 11.210 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 12.490 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 10.130 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 5 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Revenue Performance: WDC has demonstrated consistent revenue generation as per the income statement data, with historical figures indicating stable top-line growth. This reflects strong market positioning within the data storage industry, supported by a diversified product portfolio across various segments as detailed in revenue product segments.
- Positive Free Cash Flow: The cash flow statements highlight a healthy free cash flow yield (as per key metrics TTM), indicating WDC’s ability to generate cash after capital expenditures. This financial flexibility supports ongoing innovation and operational stability, critical in the competitive technology sector.
- Strong Industry Standing: WDC benefits from a solid position within the technology hardware and equipment industry, as evidenced by industry and sector performance metrics. The company’s performance aligns with or exceeds industry averages over multiple timeframes (1w, 1m, 3m, 6m, 1y, 5y), showcasing resilience and competitive strength.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about WDC valuation
Is Western Digital Corporation (WDC) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Western Digital Corporation (WDC) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is WDC a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether WDC trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is WDC’s P/E ratio?
You can see WDC’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for WDC?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is WDC a good long-term investment?
Whether WDC fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
WDC
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
-0.93
Trading Metrics:
| Open: | [ms_cell_or_dash table='trading_quote' column='open'] | Previous Close: | [ms_cell_or_dash table='trading_quote' column='previousClose'] | |
| Day Low: | [ms_cell_or_dash table='trading_quote' column='dayLow'] | Day High: | [ms_cell_or_dash table='trading_quote' column='dayHigh'] | |
| Year Low: | 28.83 | Year High: | 319.62 | |
| Price Avg 50: | 275.68 | Price Avg 200: | 160.02 | |
| Volume: | 7.831M | Average Volume: | 8.699M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeWDC full analysis
Welcome to MARKETSNAP’s SWOT analysis for Western Digital Corporation, or WDC as it’s known on the ticker. If you’re a long-term investor looking to dig into a major player in the data storage game, you’re in the right place. Today, we’re breaking down the strengths, weaknesses, opportunities, and threats for Western Digital, a company that’s been at the forefront of storage solutions for decades. We’ll cover the latest developments, financials, and trends to help you decide if this stock fits…
