Press release
Western Digital Reports Fiscal Fourth Quarter and Fiscal Year 2025 Financial Results
Q4FY25 Highlights: Revenue of $2.61 billion, up 30% year over year GAAP diluted EPS of $0.67 and non-GAAP diluted EPS of $1.66 Cash flow from operations of
About this update from Western Digital Corporation
[{"type":"text","content":"\nQ4FY25 Highlights:\n\n\n\nRevenue of $2.61 billion, up 30% year over year\n\n\n\nGAAP diluted EPS of $0.67 and non-GAAP diluted EPS of $1.66\n\n\n\nCash flow from operations of $746 million; free cash flow of $675 million\n\n\n\nFiscal year 2025 revenue of $9.52 billion, up 51% year over year\n\n\n\nQ1FY26 revenue expected to be up 22% year over year at mid-point\n\n\n\n SAN JOSE, Calif.--(BUSINESS WIRE)--\nWestern Digital Corp. (Nasdaq: WDC) today reported fiscal fourth quarter and fiscal year 2025 financial results for the period ended June 27, 2025.\n\n\n“Western Digital executed well in its fiscal fourth quarter, achieving revenue and gross margin above the high end of our guidance range while delivering strong free cash flow. In addition, during the quarter, we reduced debt by $2.6 billion, initiated a cash dividend, and announced the authorization of a $2.0 billion share repurchase program, reflecting our confidence in the long-term cash generating capability of our business,” said Irving Tan, CEO of Western Digital. “We are confident that HDDs will continue to remain the foundation of the world’s data infrastructure, delivering unmatched value for mass storage in an AI-driven future.”\n\n\nQ4FY25 Financial Highlights\n\n\n\n\n($ in millions)\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nGAAP\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nQ4FY25\n\n\n\n\n\n\nQ3FY25\n\n\n\n\n\n\nQ4FY24\n\n\n\n\n\n\nQ/Q\n\n\n\n\n\n\nY/Y\n\n\n\n\n\n\n\n\nRevenue\n\n\n\n\n\n\n \n\n\n\n\n\n\n$2,605\n\n\n\n\n\n\n$2,294\n\n\n\n\n\n\n$2,004\n\n\n\n\n\n\n+14%\n\n\n\n\n\n\n+30%\n\n\n\n\n\n\n\n\nGross Margin\n\n\n\n\n\n\n \n\n\n\n\n\n\n41.0%\n\n\n\n\n\n\n39.8%\n\n\n\n\n\n\n34.8%\n\n\n\n\n\n\n+120 bps\n\n\n\n\n\n\n+620 bps\n\n\n\n\n\n\n\n\nOperating Expenses\n\n\n\n\n\n\n \n\n\n\n\n\n\n$387\n\n\n\n\n\n\n$152\n\n\n\n\n\n\n$788\n\n\n\n\n\n\n+155%\n\n\n\n\n\n\n-51%\n\n\n\n\n\n\n\n\nOperating Income (Loss)\n\n\n\n\n\n\n \n\n\n\n\n\n\n$680\n\n\n\n\n\n\n$760\n\n\n\n\n\n\n$(91)\n\n\n\n\n\n\n-11%\n\n\n\n\n\n\nN/A\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nNon-GAAP\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nQ4FY25\n\n\n\n\n\n\nQ3FY25\n\n\n\n\n\n\nQ4FY2...