Western Digital builds storage infrastructure centered on hard disk drives for hyperscalers, cloud service providers, enterprises, and other data-intensive customers. Company news commonly covers operating and financial results, demand tied to AI-driven data growth, balance-sheet actions, dividend updates, and customer engagement across end markets.
Updates also address WD's sustainability reporting, energy-efficient storage density, responsible business practices, and product portfolio changes. Recent company materials describe WD as a standalone HDD company after the completed separation of its Flash business into Sandisk, with branded HDD and external storage offerings including G-DRIVE, WD Gold, WD Purple, WD Red, WD Blue, and WD_BLACK.
Western Digital (Nasdaq: WDC) reported fiscal first-quarter 2027 revenue of $4.38 billion, up 55% from the prior-year quarter. For the period ended October 2, 2026, revenue rose 17% sequentially. GAAP gross margin reached 57.8%, versus 43.5% a year earlier, and operating income increased 158% to $2.046 billion. GAAP diluted earnings per share were $4.63, up 51% year over year but down 44% sequentially. Non-GAAP diluted earnings per share, adjusted to exclude certain items, rose 161% year over year to $4.64.
Operating cash flow was $1.60 billion, with free cash flow of $1.38 billion. Common-stock repurchases totaled $1.001 billion. WD raised its quarterly dividend 17% to $0.175 per share. For fiscal Q2, the company expects revenue of $5.1 billion, plus or minus $100 million, representing 66%–72% year-over-year growth, non-GAAP gross margin of 60%–61%, and non-GAAP diluted earnings per share of $5.80, plus or minus $0.20.
Western Digital (WDC) plans to announce first-quarter fiscal 2027 financial results after the market closes on October 22, 2026.
The company will discuss the results on a conference call that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. A live audio webcast and replay will be available at investor.wdc.com.
Western Digital (WDC) will use the AI Infrastructure Summit in Santa Clara, Calif., on September 15-17, 2026, to outline its view on economically scalable storage for AI workloads.
On September 16 at 3:50 p.m., Tim Rausch, SVP of HDD Development, will present a main-stage session titled “Reinventing Storage for AI at Scale,” focusing on how AI data growth is reshaping infrastructure and why scalable capacity is becoming foundational. The talk draws on an IDC white paper, sponsored by Western Digital, which found that 61% of surveyed organizations saw AI-driven data growth of 25% or more in the past year, 74% expect 25%-plus growth over the next three years, and 85.4% reported rising data lake volumes. Western Digital will also showcase its enterprise storage portfolio for hyperscalers, CSPs, neo clouds and data centers in booth #605.
Western Digital (WDC) will redeem all $109,505,000 principal amount of its 3.00% Convertible Senior Notes due 2028 on November 16, 2026.
The notes will be redeemed at 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date, and interest will cease to accrue after that date. Holders may convert any or all of their notes from the date of this announcement until 5:00 p.m. New York City time on November 12, 2026. The current conversion rate is 26.5231 shares per $1,000 principal, with no increase in connection with the redemption. Western Digital has elected a 0% cash percentage, so it will pay cash up to the principal amount of converted notes and settle any excess conversion value in shares, while no changes are expected to the related capped call transactions.
Western Digital (WDC) highlighted new IDC research showing that AI adoption is structurally expanding enterprise data storage needs and reshaping infrastructure economics. The study, based on 763 IT and business decision‑makers across seven countries, finds that 94.7% of organizations are storing more data due to AI and generative AI over the past 12 months, and 61% saw AI‑driven data growth of 25% or more in that period.
IDC reports that 74% of respondents expect data volumes to grow at least 25% over the next three years, and 85.4% saw data lake volumes rise in the past year, with 59.4% citing AI‑generated data as the main driver. Nearly 95% say data value has increased with AI, 74.3% are retaining data longer, and 75.9% are bringing more archived data back online. With 74.6% of enterprise data in warm, cool or cold tiers and 98.2% prioritizing total cost of ownership per terabyte, storage capacity, accessibility and economics are becoming central to AI infrastructure design.
Western Digital (Nasdaq: WDC) announced that its management will participate in Citi's 2026 Global TMT Conference on Wednesday, September 9, 2026, at 5:50 a.m. PT / 8:50 a.m. ET. The presentation will be available via live webcast on Western Digital's Investor Relations site, with an archived replay accessible shortly after the event.
WD (Nasdaq: WDC) reported strong results for its fiscal fourth quarter ended July 3, 2026, with revenue of $3.75 billion, up 44% year-over-year and 12% sequentially. GAAP gross margin reached 54.1% and non-GAAP gross margin 54.4%. GAAP operating income was $1.56 billion (41.7% margin) and non-GAAP operating income $1.66 billion (44.2% margin). GAAP diluted EPS was $8.21, while non-GAAP diluted EPS was $3.56. Operating cash flow in Q4 was $1.39 billion and free cash flow $1.28 billion.
For fiscal year 2026, WD generated revenue of $12.92 billion, up 36% year-over-year, with GAAP gross margin of 48.9% and non-GAAP gross margin of 49.1%. GAAP diluted EPS rose to $24.28, and non-GAAP diluted EPS to $10.22. The balance sheet showed total assets of $13.86 billion, total liabilities of $5.00 billion and shareholders’ equity of $8.86 billion, with long-term debt reduced to zero and only $1.05 billion of current debt outstanding.
For fiscal Q1 2027, WD expects non-GAAP revenue of about $4.1 billion (up 42%–49% year-over-year), non-GAAP gross margin of 55%–56% and non-GAAP EPS of $4.00 ± $0.15. The board declared a quarterly cash dividend of $0.15 per share, payable September 17, 2026 to shareholders of record on September 8, 2026.
Western Digital (Nasdaq: WDC) announced that its Malaysia operations received three major sustainability recognitions linked to advancing more efficient AI data infrastructure. WD Malaysia was named Company of the Year (Manufacturing & Technology) for Green Innovation & Sustainability Transformation at the Sustainability & CSR Malaysia Awards 2026.
At the Asia Sustainability Personality Awards 2026, Dr. Chandramogan Anamirtham, SVP Global Operations, received the ESG Visionary Leader Award, and Ts. Freddy Kho, Manager of Environmental Health & Safety, received the Sustainability Practitioner Award. According to Western Digital, its Malaysia sites support global targets of 100% carbon-free energy by FY30 and net zero Scope 1 and 2 emissions by FY32, including 100% market-based Scope 2 emissions reduction at its Sarawak site since FY2024 via a REC agreement with Sarawak Energy.
Western Digital (Nasdaq: WDC) will release its fourth quarter and fiscal year 2026 financial results after market close on Wednesday, August 5, 2026. The company will host a conference call the same day at 1:30 p.m. Pacific / 4:30 p.m. Eastern, with a live and replay webcast available at investor.wdc.com.
WD (Nasdaq: WDC) is using Computex 2026 to highlight that AI infrastructure must be designed as a data system, not just compute. The company will present an AI storage keynote and demonstrate advanced HDDs, JBOD platforms, and tiered architectures optimized for scalable, economical AI data growth.
Showcased solutions include Ultrastar high-capacity HDDs with High Bandwidth and Dual Pivot Drive technologies targeting up to 4x throughput, new Ultrastar Data 3000 JBODs with ArcticFlow and IsoVibe, and tiered storage built on Ceph, IBM Storage Scale and XTAO.