Western Digital Income Statement
WDC / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Western Digital reported $2.3B in revenue and $520M in net income for FY2025. Revenue has declined at a 8.1% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.49 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $6.3B | $16.7B | $16.9B | $20.6B | $19.1B | $13.0B | $14.6B | $13.0B | $15.4B | $15.1B | $9.5B | $9.8B | $7.5B |
| Cost of Revenue | - | $5.8B | $4.9B | $13.0B | $12.4B | $12.9B | $13.0B | $9.6B | $10.4B | $9.6B | $11.0B | $10.8B | $7.7B | $7.4B | $6.1B |
| Gross Profit | $912.0M | $806.0M | $1.4B | $3.8B | $4.5B | $7.7B | $6.1B | $3.4B | $4.2B | $3.4B | $4.4B | $4.4B | $1.8B | $2.4B | $1.3B |
| SG&A Expense | - | $568.0M | $807.0M | $1.2B | $1.1B | $1.5B | $1.4B | $997.0M | $788.0M | $997.0M | $706.0M | $813.0M | $282.0M | $265.0M | $201.0M |
| R&D Expense | - | $994.0M | $986.0M | $2.3B | $2.2B | $2.4B | $2.4B | $1.6B | $1.6B | $1.6B | $1.6B | $1.7B | $703.0M | $611.0M | $509.0M |
| Operating Income | - | $2.3B | -$548.0M | $335.0M | $1.2B | $3.6B | $2.0B | $466.0M | $1.6B | $466.0M | $1.3B | $1.8B | $781.0M | $1.5B | $519.0M |
| Interest Expense | - | - | $312.0M | $413.0M | $326.0M | $676.0M | $847.0M | $266.0M | $49.0M | $266.0M | - | $56.0M | - | - | - |
| Income Tax | - | -$513.0M | $53.0M | $204.0M | $106.0M | $1.4B | $372.0M | -$89.0M | $112.0M | -$89.0M | $242.0M | $135.0M | $54.0M | $138.0M | $31.0M |
| Net Income | $520.0M | $493.0M | -$1.7B | -$250.0M | $821.0M | $675.0M | $397.0M | $242.0M | $1.5B | $242.0M | $980.0M | $1.6B | $726.0M | $1.4B | $470.0M |
| EPS (Basic) | -$5.37 | $4.96 | $2.69 | -$0.84 | -$2.58 | $2.27 | $1.38 | $1.01 | $6.31 | $6.88 | $4.07 | $6.69 | $3.14 | $6.06 | $2.12 |
| EPS (Diluted) | -$5.37 | $4.89 | $2.66 | -$0.84 | -$2.58 | $2.20 | $1.34 | $1.00 | $6.18 | $6.68 | $3.98 | $6.58 | $3.09 | $5.93 | $2.08 |
| Shares Outstanding | 343.0M | 322.0M | 315.0M | 308.0M | 302.0M | 295.0M | 296.0M | 294.0M | 284.0M | 230.0M | 234.0M | 237.0M | 246.0M | 233.0M | 231.0M |
| Gross Margin | 39.8% | 36.4% | 22.2% | 22.6% | 26.7% | 37.3% | 31.8% | 26.4% | 29.0% | 26.4% | 28.4% | 28.8% | 18.8% | 24.4% | 17.9% |
| Operating Margin | - | 105.5% | -8.8% | 2.0% | 7.2% | 17.5% | 10.2% | 3.6% | 11.1% | 3.6% | 8.3% | 11.8% | 8.2% | 15.5% | 7.0% |
| Profit Margin | 22.7% | 22.3% | -26.9% | -1.5% | 4.9% | 3.3% | 2.1% | 1.9% | 10.1% | 1.9% | 6.4% | 10.7% | 7.6% | 14.0% | 6.3% |