Western Digital Corp. ( (WDC) ) has released its Q4 earnings. Here is a breakdown of the information Western Digital Corp. presented to its investors.
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Western Digital Corp., a leader in data storage solutions, operates in the technology sector, providing scalable and sustainable technology for hyperscalers, enterprises, and cloud providers. In its fiscal fourth quarter and fiscal year 2025, Western Digital reported significant financial growth, with a 30% year-over-year increase in quarterly revenue to $2.61 billion and a 51% increase in annual revenue to $9.52 billion. The company also achieved a GAAP diluted EPS of $0.67 and a non-GAAP diluted EPS of $1.66, alongside a robust free cash flow of $675 million. Key financial metrics highlighted include a 620 basis point increase in gross margin year-over-year and a substantial reduction in operating expenses by 51% for the quarter. Western Digital also announced strategic financial moves, including reducing debt by $2.6 billion, initiating a cash dividend, and authorizing a $2.0 billion share repurchase program. Looking ahead, the company expects continued growth, driven by strong demand in the cloud market, with projected revenue growth of 22% year-over-year for the first quarter of fiscal 2026. Management remains optimistic about the future, emphasizing the foundational role of HDDs in the data infrastructure landscape and the company’s position in an AI-driven future.