Western Digital Corp (WDC) stock
WDCNasdaqComputer Storage DevicesFiscal year ends July 3
Financials through Q1 FY2027, quarter ended Oct 2, 2026Last filing: 10-Q on Oct 23, 2026Score 23/3024% below fair value
$311.21−2.10 (-0.67%)
Close on Nov 12, 2026Market cap $116.49BP/E 12.1Yield 0.16%
Western Digital operating margin
Operating margin is operating income as a percentage of revenue.
Western Digital's operating margin for the twelve months ending Oct 2, 2026 was 39.4%. For fiscal 2026 it was 34.5%, against 24.5% the year before. The highest annual figure on record is 34.5% in fiscal 2026.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Jul 3, 2026 | 34.5% | +10.0 |
| FY2025 | Jun 27, 2025 | 24.5% | +30.9 |
| FY2024 | Jun 28, 2024 | -6.4% | +2.4 |
| FY2023 | Jun 30, 2023 | -8.8% | −21.5 |
| FY2022 | Jul 1, 2022 | 12.7% | +5.5 |
| FY2021 | Jul 2, 2021 | 7.2% | +5.2 |
| FY2020 | Jul 3, 2020 | 2.0% | +1.5 |
| FY2019 | Jun 28, 2019 | 0.5% | −17.0 |
| FY2018 | Jun 29, 2018 | 17.5% | +7.3 |
| FY2017 | Jun 30, 2017 | 10.2% | +6.6 |
| FY2016 | Jul 1, 2016 | 3.6% | −7.5 |
| FY2015 | Jul 3, 2015 | 11.1% | −0.8 |
| FY2014 | Jun 27, 2014 | 11.8% | +3.6 |
| FY2013 | Jun 28, 2013 | 8.2% | −5.9 |
| FY2012 | Jun 29, 2012 | 14.2% | +6.0 |
| FY2011 | Jul 1, 2011 | 8.2% | −7.3 |
| FY2010 | Jul 2, 2010 | 15.5% | +8.5 |
| FY2009 | Jul 3, 2009 | 7.0% | −5.5 |
| FY2008 | Jun 27, 2008 | 12.5% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2027CQ3 2026 | Oct 2, 2026 | 46.7% | +18.6 |
| Q4 FY2026CQ2 2026 | Jul 3, 2026 | 41.7% | +15.6 |
| Q3 FY2026CQ1 2026 | Apr 3, 2026 | 35.7% | +2.5 |
| Q2 FY2026CQ4 2025 | Jan 2, 2026 | 30.1% | +6.8 |
| Q1 FY2026CQ3 2025 | Oct 3, 2025 | 28.1% | +13.0 |
| Q4 FY2025CQ2 2025 | Jun 27, 2025 | 26.1% | +30.6 |
| Q3 FY2025CQ1 2025 | Mar 28, 2025 | 33.1% | +27.8 |
| Q2 FY2025CQ4 2024 | Dec 27, 2024 | 23.2% | +38.6 |
| Q1 FY2025CQ3 2024 | Sep 27, 2024 | 15.1% | +65.0 |
| Q4 FY2024CQ2 2024 | Jun 28, 2024 | -4.5% | −7.8 |
| Q3 FY2024CQ1 2024 | Mar 29, 2024 | 5.4% | +22.2 |
| Q2 FY2024CQ4 2023 | Dec 29, 2023 | -15.4% | −5.0 |
| Q1 FY2024CQ3 2023 | Sep 29, 2023 | -49.9% | −54.1 |
| Q4 FY2023CQ2 2023 | Jun 30, 2023 | 3.3% | −9.2 |
| Q3 FY2023CQ1 2023 | Mar 31, 2023 | -16.8% | −24.2 |
| Q2 FY2023CQ4 2022 | Dec 30, 2022 | -10.3% | −25.4 |
| Q1 FY2023CQ3 2022 | Sep 30, 2022 | 4.2% | −11.2 |
| Q4 FY2022CQ2 2022 | Jul 1, 2022 | 12.4% | −1.3 |
| Q3 FY2022CQ1 2022 | Apr 1, 2022 | 7.4% | −0.3 |
| Q2 FY2022CQ4 2021 | Dec 31, 2021 | 15.0% | +11.0 |
| Q1 FY2022CQ3 2021 | Oct 1, 2021 | 15.4% | +13.6 |
| Q4 FY2021CQ2 2021 | Jul 2, 2021 | 13.7% | +7.6 |
| Q3 FY2021CQ1 2021 | Apr 2, 2021 | 7.7% | +4.0 |
| Q2 FY2021CQ4 2020 | Jan 1, 2021 | 4.0% | +2.8 |
| Q1 FY2021CQ3 2020 | Oct 2, 2020 | 1.8% | +5.0 |
| Q4 FY2020CQ2 2020 | Jul 3, 2020 | 6.1% | +16.6 |
| Q3 FY2020CQ1 2020 | Apr 3, 2020 | 3.7% | +14.4 |
| Q2 FY2020CQ4 2019 | Jan 3, 2020 | 1.2% | −3.0 |
| Q1 FY2020CQ3 2019 | Oct 4, 2019 | -3.2% | −16.8 |
| Q4 FY2019CQ2 2019 | Jun 28, 2019 | -10.5% | −27.0 |
| Q3 FY2019CQ1 2019 | Mar 29, 2019 | -10.7% | −29.0 |
| Q2 FY2019CQ4 2018 | Dec 28, 2018 | 4.2% | −13.7 |
| Q1 FY2019CQ3 2018 | Sep 28, 2018 | 13.6% | −3.8 |
| Q4 FY2018CQ2 2018 | Jun 29, 2018 | 16.5% | +3.0 |
| Q3 FY2018CQ1 2018 | Mar 30, 2018 | 18.2% | +6.9 |
| Q2 FY2018CQ4 2017 | Dec 29, 2017 | 17.9% | +6.7 |
| Q1 FY2018CQ3 2017 | Sep 29, 2017 | 17.5% | – |
| Q4 FY2017CQ2 2017 | Jun 30, 2017 | 13.5% | – |
| Q3 FY2017CQ1 2017 | Mar 31, 2017 | 11.3% | – |
| Q2 FY2017CQ4 2016 | Dec 30, 2016 | 11.1% | – |
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