Western Digital’s Q3 2025 Earnings and Dividend Launch

Western Digital Corp. ( (WDC) ) has released its Q3 earnings. Here is a breakdown of the information Western Digital Corp. presented to its investors.

Western Digital Corp. is a leading data storage company, providing reliable and cost-efficient storage solutions for hyperscale cloud providers, enterprise data centers, and consumers worldwide.

In its fiscal third quarter of 2025, Western Digital reported a revenue of $2.29 billion, a slight decrease from the previous quarter, but a significant year-over-year increase. The company also announced the initiation of a quarterly cash dividend program, reflecting its strong financial position and commitment to returning value to shareholders.

Key financial highlights include a gross margin increase to over 40%, and a notable rise in GAAP earnings per share to $2.11. Despite a sequential decline in revenue across all segments, including cloud, client, and consumer, the company saw a substantial year-over-year growth in cloud revenue by 38%, driven by its robust product portfolio.

Looking ahead, Western Digital anticipates fiscal fourth quarter revenue to range between $2.3 billion and $2.6 billion, with a continued focus on enhancing its storage technologies to meet the growing data demands. The company remains optimistic about its future prospects, despite the challenging geopolitical and economic landscape.