Western Digital Corp (WDC) FinancialsWDCFinancialWestern Digital Corp

Western Digital Corp (WDC) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Cloud, accounting for 89.1% of total sales, equivalent to $2.97B. Other significant revenue streams include Consumer and Client. Understanding this composition is critical for investors evaluating how WDC navigates market cycles within the Computer Hardware industry.

Evaluating the bottom line, Western Digital Corp maintains a gross margin of 54.12%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 42.86%, while the net margin is 85.27%. These profitability ratios, combined with a Return on Equity (ROE) of 131.02%, provide a clear picture of how effectively WDC converts its operational activities into shareholder value.

In the context of the broader market, WDC competes directly with industry leaders such as STX and SNDK. With a market capitalization of $175.37B, it holds a significant position in the sector. When comparing efficiency, WDC's gross margin of 54.12% stands against STX's 52.30% and SNDK's 84.57%. Such benchmarking helps identify whether Western Digital Corp is trading at a premium or discount relative to its financial performance.

The company has shown impressive financial growth, with net income increasing to $3.195 billion in Q4 FY2026, and a gross margin that has improved from 40.96% in Q4 FY2025 to 54.12% in Q4 FY2026, reflecting effective cost management and strong demand.