The Tip Desk

WESTERN DIGITAL CORP

Financial highlights

MetricFY 07/03/26FY 06/27/25FY 06/28/24FY 06/30/23FY 07/01/22
Income Statement
Revenue$12.9B$9.5B$6.3B$6.3B$18.8B
Cost of revenue$6.6B$5.8B$4.5B$4.9B$12.9B
Gross profit$6.3B$3.7B$1.8B$1.4B$5.9B
Selling, general & administrative$551.0M$568.0M$726.0M$807.0M$1.1B
Research and development$1.2B$994.0M$950.0M$986.0M$2.3B
Operating expenses$1.9B$1.4B$2.2B$1.9B$3.5B
Operating income$4.5B$2.3B-$403.0M-$548.0M$2.4B
Interest expense$165.0M$357.0M$414.0M$312.0M$304.0M
Pretax income$9.9B$1.1B-$739.0M-$849.0M$2.2B
Income tax expense$481.0M-$513.0M$26.0M$53.0M$625.0M
Net income$9.4B$1.9B-$798.0M-$1.7B$1.5B
Balance Sheet
Cash and equivalents$1.6B$2.1B$1.6B$2.0B$2.3B
Current assets$5.6B$5.9B$8.1B$7.9B$9.5B
Total assets$13.9B$14.0B$24.2B$24.5B$26.3B
Current liabilities$4.2B$5.4B$6.1B$5.4B$5.2B
Total liabilities$5.0B$8.5B$13.1B$12.7B$14.0B
Total debt$1.1B$4.7B$7.5B$7.1B$7.1B
Stockholders' equity$8.9B$5.3B$10.8B$11.0B$12.3B
Cash Flow Statement
Cash from operations$3.9B$1.7B-$294.0M-$408.0M$1.9B
Depreciation and amortization$375.0M$451.0M$568.0M$389.0M$708.0M
Stock-based compensation$204.0M$265.0M$295.0M$318.0M$326.0M
Capital expenditure$418.0M$412.0M$487.0M$821.0M$1.1B
Free cash flow$3.5B$1.3B-$781.0M-$1.2B$758.0M
Dividends paid$174.0M$44.0M$0$0$0
Share repurchases$2.6B$149.0M$0$0
Impairments$0$0$0$0$0

Shares outstanding 344.7M · Free float 97.8%

Annual filing data through FY ended July 3, 2026; float as of September 5, 2026.

Earnings