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WDC earnings date & Q4 2026 results · Western Digital
US GAAP · $M · vs Q4 2025 · reported 08/05/2026
Western Digital Corporation, doing business as WD, is an American data storage company headquartered in San Jose, California. · Wikipedia
More about the company
Established in 1970, the company is one of the world's largest manufacturers of hard disk drives (HDDs).
Key growth driver: Revenue growth of +44% y/y — the report gives no segment split, so the driver is the whole business. · by the Q4 2026 report
When is WDC’s next earnings date?
Thursday, October 29, 2026estimated
Western Digital (WDC) has not confirmed the date yet; Oct 29, 2026 is an estimate based on the company's past reporting schedule and may move once the date is announced. Consensus EPS forecast: $3.97 (4 analysts), vs $1.64 in the same quarter last year.
What time does WDC report? Usually after market close: the last 4 results releases reached the SEC at 4:04 pm, 4:07 pm, 4:11 pm, 4:11 pm ET.
Last report: Aug 5, 2026 (Q4 2026) — broken down in the Sankey chart below. Dates and consensus: Nasdaq / Zacks Investment Research; companies do reschedule. Who else reports this week →
All figures in $M.
Revenue
$3,747
+44%
Gross profit
$2,028
+90%
54.1% margin
Operating income
$1,563
+130%
41.7% margin
Net income
$3,195
+1033%
$8.21 diluted EPS
Verdict: an exceptionally strong quarter with revenue up 44% and operating margin expanding over 1,500bps, though the headline GAAP net income surge is dominated by a huge non-cash mark-to-market gain on WD's retained Sandisk stake rather than core operating momentum.
OCF $1,389M · FCF $1,281M · dividend $0.15/share declared · buybacks $672M in quarter · Q1FY27 revenue guided up 42-49% y/y
Source and notation
* marks non-cash / ≈ estimated. Source: Western Digital press release / 10-Q (SEC EDGAR).
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
WDC earnings history: past report dates
| Aug 5, 2026 Wed | 4:04 pmafter market close | Jul 3, 2026 | ≈$3.7B+44% y/y | ≈$8.28 |
| Apr 30, 2026 Thu | 4:07 pmafter market close | Apr 3, 2026 | $3.3B+45% y/y | $8.20+477% y/y |
| Jan 29, 2026 Thu | 4:11 pmafter market close | Jan 2, 2026 | $3.0B+25% y/y | $4.73+190% y/y |
| Oct 30, 2025 Thu | 4:11 pmafter market close | Oct 3, 2025 | $2.8B+27% y/y | $3.07+127% y/y |
| Jul 30, 2025 Wed | 4:14 pmafter market close | Jun 27, 2025 | $2.6B+30% y/y | $0.75+838% y/y |
| Apr 30, 2025 Wed | 8:05 ambefore market open | Mar 28, 2025 | $2.3B+31% y/y | $1.42+306% y/y |
| Jan 16, 2025 Thu | 4:30 pmafter market close | Dec 27, 2024 | $2.4B+76% y/y | $1.63 |
| Oct 24, 2024 Thu | 4:12 pmafter market close | Sep 27, 2024 | $2.2B+85% y/y | $1.35 |
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Western Digital: 5-year financials
| FY2026 | 12,919 | 4,453 | 9,424 | 3,511 | 174 |
| FY2025 | 9,520 | 2,334 | 1,889 | 1,279 | 44 |
| FY2024 | 6,317 | −403 | −798 | −781 | — |
| FY2023 | 6,255 | −548 | −1,684 | −1,229 | — |
| FY2022 | 18,793 | 2,391 | 1,546 | 758 | — |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP); the company’s fiscal year doesn’t match the calendar year so years follow the company’s own labels.
How we calculate
Figures are the annual report lines as filed, no adjustments. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing.
Corporate governance
1.5/2mostly good
How the company treats minority shareholders: 2 — well, 0 — systematically poorly.
More
- Aug 2026Shares outstanding of 360.5M vs. 308.7M in August 2021 (+16.8%). data.sec.gov ↗
- Aug 202610-K FY2026: in FY2024, 665K preferred shares were converted into roughly 15M common shares, and the remaining preferreds were converted in FY2026; dividend of $0.50 per share for the year. sec.gov ↗
- Aug 202610-K FY2026: Legal Proceedings lists only patent disputes (SPEX, MRT); no shareholder suits and no SEC cases. sec.gov ↗
- Jul 2020Net loss of $250M in FY2020 (dividends suspended the same year); net income of $821M in FY2021. data.sec.gov ↗
Scoring: 2.0 −0.5 (criterion 1: share count +16.8% over 5 years — conversion of the 2023 Apollo/Elliott preferreds and convertible notes) = 1.5
- Share classes
- Single class of common stock (Nasdaq: WDC); Series A preferreds retired through conversion.
- Dilution
- Shares 308.7M (August 2021) → 360.5M (August 2026), +16.8% (>10%, <25%) → −0.5: in FY2024, 665K preferreds (Apollo/Elliott, 2023) converted into ~15M shares, the rest in FY2026; plus convertible notes. SBC 1.6% of revenue.
- Disclosure
- Full 10-K/10-Q reporting.
- Dividends
- Dividends suspended in 2020 amid the FY2020 net loss (−$250M) — no deduction; reinstated in April 2025 ($0.50 for FY2026), buybacks of $2.6B in FY2026.
- Lawsuits & regulators
- Note 16: patent disputes (SPEX, MRT); no shareholder suits and no SEC cases.
- Related parties
- 2025 proxy: approval policy through the audit committee; no material transactions disclosed.
How the score works · checked as of Sep 2026
Western Digital (WDC) earnings: FAQ
When is WDC's next earnings date?
Western Digital (WDC) has not confirmed the date yet; Oct 29, 2026 is an estimate based on its past reporting schedule.
What time does WDC report earnings?
Western Digital usually reports after market close: its latest results release was filed with the SEC at 4:04 pm ET on Aug 5, 2026.
When did WDC last report earnings?
Western Digital reported Q4 2026 results on Aug 5, 2026.
What is the EPS estimate for WDC's next earnings?
The consensus EPS forecast is $3.97 (4 analysts), vs $1.64 in the same quarter last year.
Where can I find Western Digital's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to WDC's filings; this page breaks the latest report down in a Sankey chart.
What was WDC's net income in Q4 2026?
Western Digital reported net income of $3,195M for Q4 2026 (+1033% year over year), under US GAAP.
Does Western Digital pay dividends?
Yes. In fiscal 2026, Western Digital paid $174M in dividends on its common stock, per its 10-K. Earlier years are in the five-year table above.
New to earnings reports? Start with how to read an earnings report.
How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report. Figures checked against the filing on 08/25/2026. How we make the breakdowns · Report an error
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