Western Digital Stock Price, News & Analysis

Western Digital (NASDAQ:WDC) reported strong fiscal Q4 2025 results with revenue reaching $2.61 billion, up 30% year-over-year. The company achieved GAAP diluted EPS of $0.67 and non-GAAP diluted EPS of $1.66.

For fiscal year 2025, WDC posted revenue of $9.52 billion, representing a 51% increase year-over-year. The company generated $746 million in cash flow from operations and $675 million in free cash flow during Q4. Notable financial moves include a $2.6 billion debt reduction, initiation of a cash dividend ($0.10 per share), and authorization of a $2.0 billion share repurchase program.

Looking ahead to Q1 FY26, Western Digital expects revenue of approximately $2.7 billion (±$100M) with non-GAAP gross margin between 41-42% and non-GAAP EPS of $1.54 (±$0.15).

Western Digital (NASDAQ:WDC) has scheduled the announcement of its fourth quarter and fiscal year 2025 financial results for July 30, 2025, after market close. The company will host a conference call with investors at 1:30 p.m. Pacific/4:30 p.m. Eastern on the same day to discuss the results. Investors can access both the live audio webcast and replay through the company's investor relations website at investor.wdc.com.

Western Digital (WDC) announced major advancements in storage infrastructure at Computex 2025, focusing on AI/ML, disaggregated storage, and software-defined storage solutions. Key announcements include:

The company unveiled OCCL 2.0 (Open Composable Compatibility Lab), an enhanced testing facility in Colorado Springs for fabric-attached devices and software-defined storage, featuring new solutions architectures, disaggregated storage best practices, and SSD partner benchmarking. The lab has partnered with major industry players including Arista Networks, Broadcom, Intel, and NVIDIA.

WDC also introduced two new products: the OpenFlex Data24 4100 EBOF (available CQ3 2025), designed for cloud environments using single-port SSDs, and the Ultrastar Data102 3000 ORv3 JBOD (available CQ4 2025), compliant with Open Rack v3 specifications for improved power efficiency and airflow. Additionally, the company announced expanded SSD vendor qualifications, partnering with DapuStor, Kioxia, Phison, Sandisk, and ScaleFlux.

Western Digital (WDC) and Ingrasys, a Foxconn subsidiary, have announced a strategic collaboration to develop a new Top-of-Rack (TOR) switch with embedded storage, targeted for 2027 availability. The new TOR EBOF (Ethernet Bunch of Flash) will feature Western Digital's RapidFlex™ NVMe-oF™ bridge technology and NVIDIA Spectrum™-4 switch ASIC.

The solution aims to provide distributed storage at the network edge, reducing latency and eliminating the need for separate storage networks. Key features include 100G Ethernet support, NVMe™/PCIe® Gen6 drive slots for E3.S/L SSD devices, and 400/800GbE cabling options. Western Digital's RapidFlex technology offers low-power, high-performance capabilities with minimal latency through hardware acceleration.

Western Digital (WDC) has announced a new $2.0 billion share repurchase program, effective immediately. The company can execute repurchases through open market or private transactions, potentially under a Rule 10b5-1 plan. CEO Irving Tan emphasized this program reflects confidence in Western Digital's future and product portfolio.

The buyback is part of Western Digital's three-pillar shareholder-friendly capital allocation strategy: business reinvestment, debt reduction, and shareholder returns. This initiative follows the recent introduction of a quarterly dividend, though the timing and amount of repurchases will depend on market conditions and other factors. The company maintains discretion to suspend or discontinue the program at any time.

Western Digital (NASDAQ: WDC) has made a strategic investment in Cerabyte, a pioneer in ceramic-based data storage solutions. The partnership aims to accelerate the development of Cerabyte's ceramic data storage technology, designed for permanent accessible long-term data storage. This technology offers potential advantages in total cost of ownership compared to current cold-tier solutions.

The collaboration focuses on commercializing technology for next-generation active archives, combining multiple storage technologies as the industry approaches the Yottabyte era. Cerabyte's solution promises rapid data retrieval within seconds, while being affordable, sustainable, and resilient to bit rot, requiring no periodic maintenance or environmental control.

Western Digital (WDC) has appointed Kris Sennesael as its new Chief Financial Officer, effective May 12, 2025. Sennesael brings over 25 years of finance and management experience in the semiconductor and technology sectors, most recently serving as CFO at Skyworks Solutions. In his new role, he will lead Western Digital's global finance organization, overseeing finance, accounting, tax, treasury, internal audit, corporate real estate, and investor relations.

Reporting directly to CEO Irving Tan, Sennesael's appointment aims to strengthen Western Digital's position by balancing innovation investment with operational efficiency. His track record includes successful collaboration with leadership teams to drive shareholder value and business scaling through organic and inorganic growth strategies. Prior to Skyworks, he held CFO positions at Enphase Energy and Standard Microsystems, along with leadership roles at ON Semiconductor, AMI Semiconductor, and Alcatel Microelectronics.

Western Digital (NASDAQ: WDC) has announced its participation in the upcoming JP Morgan Global Technology, Media and Communications Conference. The event is scheduled for Tuesday, May 13, 2025, at 12:10 p.m. PT / 3:10 p.m. ET. Management presentations will be accessible through live webcasts on Western Digital's Investor Relations website at investor.wdc.com. Archived replays will be made available shortly after the presentations conclude.

Western Digital reported its fiscal Q3 2025 results with revenue of $2.29 billion, marking a 5% sequential decrease but a 31% year-over-year increase. The company achieved a GAAP EPS of $2.11 and Non-GAAP EPS of $1.36.

Key performance highlights include:

• Cloud revenue at $2.0 billion (87% of total revenue), down 4% QoQ but up 38% YoY
• Client revenue at $137 million (6% of total), down 2% both QoQ and YoY
• Consumer revenue at $150 million (7% of total), down 13% QoQ and 4% YoY

The company introduced a quarterly dividend program, declaring a $0.10 per share dividend payable on June 18, 2025. Looking ahead, Western Digital expects Q4 2025 revenue between $2.3-2.6 billion with Non-GAAP EPS of $1.45 ±$0.20. The company ended Q3 with $3.48 billion in cash and reported an operating cash inflow of $508 million.