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Western Digital Corporation (WDC) drives innovation in data storage solutions through its industry-leading HDD and SSD technologies. This news hub provides investors and technology professionals with essential updates on corporate developments, product advancements, and strategic initiatives shaping the storage industry.
Access curated press releases and analysis covering earnings announcements, partnership agreements, manufacturing innovations, and enterprise solution deployments. Our repository simplifies tracking of Western Digital's market positioning within competitive storage sectors including cloud infrastructure, consumer devices, and industrial applications.
Discover updates on capacity-optimized storage architectures, sustainability initiatives in manufacturing, and advancements in 3D NAND technology. Content spans operational milestones across Western Digital's global supply chain and product integration with major cloud service providers.
Bookmark this page for streamlined access to verified information about Western Digital's role in enabling next-generation computing environments. Check regularly for updates critical to understanding storage market dynamics and corporate performance indicators.
Western Digital (WDC) reported fiscal Q2 2025 results with revenue of $4.29 billion, up 5% sequentially and 41% year-over-year. The company's Cloud segment showed strong performance with revenue of $2.3 billion (55% of total), increasing 6% QoQ and 119% YoY.
GAAP EPS was $1.63 and Non-GAAP EPS was $1.77. Gross margin was 35.4% (GAAP) and 35.9% (Non-GAAP). The company generated operating cash inflow of $403 million and ended with $2.29 billion in cash.
For Q3 2025, WDC expects revenue between $3.75-$3.95 billion and Non-GAAP EPS of $0.90-$1.20. The company is proceeding with the separation of Western Digital and Sandisk businesses to capture growing storage demand driven by AI.
Western Digital (WDC) has scheduled the announcement of its second quarter fiscal year 2025 financial results for Wednesday, January 29, 2025, after market close. The company will host an investment community conference call to discuss the results at 1:30 p.m. Pacific / 4:30 p.m. Eastern on the same day. Investors and interested parties can access a live audio webcast and replay of the conference call through the company's investor relations website at investor.wdc.com.
Sandisk has previewed its new corporate branding and creative direction, which it describes as a 'Mindset of Motion.' This new branding reflects a philosophy focused on resilient data expression, aimed at facilitating aspirations and possibilities. Sandisk plans to re-launch as a standalone Flash and memory technology innovator in early 2025. The new wordmark highlights mobility and versatility, symbolizing a seamless world of data expression and storage.
Joel Davis, Sandisk's Vice President of Creative, stated that the new visual brand philosophy is inspired by the future and diverse ways customers consume data. The new logo, featuring clean lines and minimalist design, represents the speed and efficiency of Flash technology. The design includes an open D and a pixel-driven S, symbolizing collaboration and partnership. For more details, visit Sandisk.com.
Western Digital (NASDAQ: WDC) has announced its participation in four major investor conferences in December 2024. The company will present at the UBS Global Technology and AI Conference (Dec 3), Wells Fargo TMT Summit (Dec 4), Nasdaq 51st Investor Conference (Dec 10), and Barclays Global Technology Conference (Dec 12). All management presentations will be accessible through live webcasts on Western Digital's Investor Relations website, with archived replays available after each event.
Western Digital CEO David Goeckeler has been elected Chair of the Semiconductor Industry Association (SIA) Board of Directors for 2025. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Goeckeler, who leads Western Digital as a prominent data storage producer, brings extensive experience from semiconductors, global networking, and enterprise software sectors. Previously, he served as Executive VP at Cisco's Networking and Security Business and began his career at Bell Laboratories. He was also recently appointed Chairman of the U.S.-Japan Business Council.
Western Digital (WDC) reported strong fiscal Q1 2025 results with revenue of $4.10 billion, up 9% quarter-over-quarter and 49% year-over-year. Cloud revenue increased 17% QoQ to $2.208 billion, while Client and Consumer segments remained flat. The company achieved GAAP EPS of $1.35 and Non-GAAP EPS of $1.78.
For Q2 2025, WDC expects revenue between $4.20-4.40 billion and Non-GAAP EPS of $1.75-2.05. The company faces a recent $316 million patent infringement verdict, which is under evaluation and not reflected in current financial results.
Western Digital (NASDAQ: WDC) has announced the shipping of the world's highest capacity UltraSMR HDD with up to 32TB and the highest-capacity ePMR CMR HDD with up to 26TB. These new drives feature the industry's first commercially available 11-disk design and utilize energy-assisted PMR (ePMR) recording technology.
The new HDDs are designed to meet the growing nearline demand for hyperscale, cloud, and enterprise data center customers, offering superior Total Cost of Ownership (TCO). Key innovations include OptiNAND™, ArmorCache™, and a triple-stage actuator (TSA). The 32TB Ultrastar DC HC690 SMR HDD provides up to 257 MiB/s sequential performance, while the 26TB Ultrastar DC HC590 CMR HDD offers up to 288 MiB/s sustained transfer rate.
Western Digital is also introducing 26TB WD Gold® SATA HDDs for system integrators and resellers, available in the channel. These drives are designed for heavy, continuous read-write workloads in enterprise environments.
Western Digital Corp. (NASDAQ: WDC) announced that its PCIe® Gen5 DC SN861 E.1S enterprise-class NVMe™ SSDs have been certified to support the NVIDIA® GB200 NVL72 rack-scale system. This certification addresses the growing needs of the AI market for high-speed accelerated computing combined with low latency in compute-intensive environments.
The DC SN861 SSD is designed to support AI model training, interface & prompting, and AI inference engine stages of Western Digital's AI Data Cycle framework. It offers up to 16TB capacity, delivering up to 3x random read performance increase over the previous generation with ultra-low latency for LLM training, inferencing, and AI service deployment. The SSD also provides a low power profile, reducing overall TCO.
Western Digital Corp. (NASDAQ: WDC) has announced its plans to release its first quarter fiscal year 2025 financial results on Thursday, October 24, 2024, after the market closes. The company will host an investment community conference call to discuss these results on the same day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. Investors and interested parties can access a live audio webcast of the conference call, as well as a webcast replay, through the company's investor relations website at investor.wdc.com.
Western Digital Corp. (NASDAQ: WDC) has announced its participation in two upcoming investor conferences. The first event is Citi's 2024 Global TMT Conference on Wednesday, September 04, 2024, at 4:30 a.m. PT / 7:30 a.m. ET. The second event is the Goldman Sachs Communacopia + Technology Conference on Tuesday, September 10, 2024, at 7:30 a.m. PT / 10:30 a.m. ET.
Both management presentations will be available as live webcasts through Western Digital's Investor Relations website at investor.wdc.com. Archived replays will be accessible on the website shortly after the conclusion of each presentation, providing investors with opportunities to stay informed about the company's latest updates and strategies.
