Western Digital Corporation (WDC) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	12.9B	12.9B	9.5B	6.3B	6.3B
Cost of Revenue	6.6B	6.6B	5.8B	4.5B	4.9B
Gross Profit	6.3B	6.3B	3.7B	1.8B	1.4B
Operating Expenses
R&D Expense	1.2B	1.2B	994.0M	950.0M	986.0M
SG&A Expense	551.0M	551.0M	568.0M	726.0M	807.0M
General & Admin Expense	147.0M	551.0M	—	—	—
Selling & Marketing Expense	138.0M	—	—	—	—
Other Expenses	91.0M	146.0M	(204.0M)	500.0M	146.0M
Total Operating Expenses	1.8B	1.9B	1.4B	2.2B	1.9B
Cost and Expenses	8.4B	8.5B	7.2B	6.7B	6.8B
Operating Income (EBIT)	4.5B	4.5B	2.3B	(403.0M)	(548.0M)
Non-Operating
Interest Income	2.7B	—	45.0M	33.0M	19.0M
Interest Expense	155.0M	139.0M	357.0M	414.0M	310.0M
Net Interest Income	2.6B	(139.0M)	(312.0M)	(381.0M)	(291.0M)
Other Non-Op Income/Expense	5.4B	5.5B	(1.2B)	(336.0M)	(301.0M)
Non-Operating Income (excl Interest)	(3.8B)	(5.5B)	847.0M	(78.0M)	(9.0M)
EBT (Pre-Tax Income)	9.9B	9.9B	1.1B	(739.0M)	(849.0M)
Income Tax Expense	481.0M	481.0M	(513.0M)	26.0M	53.0M
Bottom Line
Net Income	9.4B	9.4B	1.9B	(798.0M)	(1.7B)
Earnings from Cont. Ops	9.4B	9.4B	1.6B	(765.0M)	(902.0M)
Earnings from Discont. Ops	—	—	246.0M	(33.0M)	(782.0M)
Bottom Line Net Income	9.3B	9.3B	1.8B	(852.0M)	(1.7B)
Per Share
Basic EPS	$27.16	$26.92	$5.31	($2.61)	($5.37)
Diluted EPS	$24.82	$24.28	$5.12	($2.61)	($5.37)
Revenue Per Share	$37.45	$37.45	$27.44	$19.38	$19.67
Shares
Basic Shares Outstanding	345.0M	345.0M	347.0M	326.0M	318.0M
Diluted Shares Outstanding	376.0M	383.0M	359.0M	326.0M	318.0M
Profitability Metrics
EBITDA	8.7B	10.3B	1.9B	243.0M	289.0M
D&A	375.0M	375.0M	451.0M	568.0M	828.0M
EBIT	8.3B	9.9B	1.5B	(325.0M)	(539.0M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026