Western Digital Corporation (WDC) Earnings History
Annual and quarterly earnings data from 1990 to 2025
Loading earnings history...
WDC EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
WDC Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 38.8% | 24.5% | 19.5% |
| 2024 | 28.1% | -6.4% | -12.6% |
| 2023 | 22.2% | -8.8% | -26.9% |
| 2022 | 31.3% | 12.7% | 8.2% |
| 2021 | 26.7% | 7.2% | 4.9% |
Download Data
Export WDC earnings history in CSV or JSON format
Free sign-in required to download data
Western Digital Corporation (WDC) Earnings Overview
As of May 8, 2026, Western Digital Corporation (WDC) reported trailing twelve-month net income of $6.49B, reflecting +296.2% year-over-year growth. The company earned $17.25 per diluted share over the past four quarters, with a net profit margin of 19.5%.
Looking at the long-term picture, WDC's historical earnings data spans multiple years. The company achieved its highest annual net income of $1.86B in fiscal 2025, representing a new all-time high.
Western Digital Corporation maintains industry-leading profitability with a gross margin of 38.8%, operating margin of 24.5%, and net margin of 19.5%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including STX ($2.38B net income, 16.1% margin), MU ($24.11B net income, 22.8% margin), SNDK ($4.64B net income, -22.3% margin), WDC has outperformed on profitability metrics. Compare WDC vs STX →
WDC Earnings vs Peers
Earnings metrics vs comparable public companies
WDC Historical Earnings Data (1990–2025)
36 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.86B | +333.2% | $2.33B | $5.12 | 19.5% | 24.5% |
| 2024 | -$798M | +52.6% | -$403M | $-2.61 | -12.6% | -6.4% |
| 2023 | -$1.68B | -208.9% | -$548M | $-5.37 | -26.9% | -8.8% |
| 2022 | $1.55B | +88.3% | $2.39B | $4.75 | 8.2% | 12.7% |
| 2021 | $821M | +428.4% | $1.22B | $2.66 | 4.9% | 7.2% |
| 2020 | -$250M | +66.8% | $335M | $-0.84 | -1.5% | 2.0% |
| 2019 | -$754M | -211.7% | $87M | $-2.58 | -4.6% | 0.5% |
| 2018 | $675M | +70.0% | $3.62B | $2.20 | 3.3% | 17.5% |
| 2017 | $397M | +64.0% | $1.95B | $1.34 | 2.1% | 10.2% |
| 2016 | $242M | -83.5% | $466M | $1.00 | 1.9% | 3.6% |
Full WDC Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy WDC Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See WDC's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs WDC Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare WDC vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonWDC — Frequently Asked Questions
Quick answers to the most common questions about buying WDC stock.
Is WDC growing earnings?
WDC EPS is $17.25, with earnings growth accelerating to +296.2%. This exceeds the 5-year CAGR of N/A. TTM net income reached $6.5B.
What are WDC's profit margins?
Western Digital Corporation net margin is +19.5%, with operating margin at +24.5%. Above-average margins indicate pricing power.
How consistent are WDC's earnings?
WDC earnings data spans 1990-2025. The accelerating earnings trend is +296.2% YoY. Historical data enables comparison across business cycles.