Western Digital Corporation (WDC) — Financial statements
Income statement, balance sheet, and cash flow for Western Digital Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 9,520↑50.7% | 6,317↑1.0% | 6,255↓66.7% | 18,793↑11.1% | 16,922 | |
| Cost of Revenue | 5,828↑28.3% | 4,544↓6.6% | 4,864↓62.4% | 12,919↑4.2% | 12,401 | |
| Gross Profit | 3,692↑108.2% | 1,773↑27.5% | 1,391↓76.3% | 5,874↑29.9% | 4,521 | |
| Operating Expenses | ||||||
| R&D Expenses | 994↑4.6% | 950↓3.7% | 986↓57.6% | 2,323↑3.6% | 2,243 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 568↓21.8% | 726↓10.0% | 807↓27.8% | 1,117↑1.1% | 1,105 | |
| Other Expenses | -204↓140.8% | 500↑242.5% | 146↑239.5% | 43↑191.5% | -47 | |
| Operating Expenses | 1,358↓37.6% | 2,176↑12.2% | 1,939↓44.3% | 3,483↑5.5% | 3,301 | |
| Total Costs & Expenses | 7,186↑6.9% | 6,720↓1.2% | 6,803↓58.5% | 16,402↑4.5% | 15,702 | |
| Operating Results | ||||||
| Operating Income | 2,334↑679.2% | -403↑26.5% | -548↓122.9% | 2,391↑96.0% | 1,220 | |
| Depreciation & Amortization | 451↓20.6% | 568↓31.4% | 828↓10.9% | 929↓23.3% | 1,212 | |
| EBITDA | 1,938↑697.5% | 243↓15.9% | 289↓91.5% | 3,404↑38.1% | 2,465 | |
| EBIT | 1,487↑557.5% | -325↑39.7% | -539↓121.8% | 2,475↑97.5% | 1,253 | |
| Interest & Other Income | ||||||
| Net Interest Income | -312↑18.1% | -381↓30.9% | -291↑2.3% | -298↑6.6% | -319 | |
| Interest Income | 45↑36.4% | 33↑73.7% | 19↑216.7% | 6↓14.3% | 7 | |
| Interest Expense | 357↓13.8% | 414↑33.5% | 310↑2.0% | 304↓6.7% | 326 | |
| Non-Operating Income | 847↑1185.9% | -78↓766.7% | -9↑89.3% | -84↓154.5% | -33 | |
| Other Income / Expenses | -1,204↓258.3% | -336↓11.6% | -301↓36.8% | -220↑24.9% | -293 | |
| Income Before Tax | 1,130↑252.9% | -739↑13.0% | -849↓139.1% | 2,171↑134.2% | 927 | |
| Income Tax Expense | -513↓2073.1% | 26↓50.9% | 53↓91.5% | 625↑489.6% | 106 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,643↑314.8% | -765↑15.2% | -902↓158.3% | 1,546↑88.3% | 821 | |
| Net Income from Discontinued Operations | 246↑845.5% | -33↑95.8% | -782 | 0.00 | 0.00 | |
| Net Income | 1,861↑333.2% | -798↑52.6% | -1,684↓208.9% | 1,546↑88.3% | 821 | |
| Bottom-Line Net Income | 1,841↑316.1% | -852↑50.1% | -1,708↓210.5% | 1,546↑88.3% | 821 | |
| EPS (Basic) | 5.31↑303.4% | -2.61↑51.4% | -5.37↓211.6% | 4.81↑78.8% | 2.69 | |
| EPS (Diluted) | 5.12↑296.2% | -2.61↑51.4% | -5.37↓213.1% | 4.75↑78.6% | 2.66 | |
| Weighted Average Shares | 347↑6.4% | 326↑2.5% | 318↑1.9% | 312↑2.3% | 305 | |
| Weighted Average Diluted Shares | 359↑10.1% | 326↑2.5% | 318↑0.6% | 316↑2.3% | 309 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.