Every 10-Q that Western Digital Corp. (WDC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow WDC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WDC filings page.
Western Digital delivered significantly stronger results, powered by its HDD-focused strategy and Sandisk monetization activities. Quarterly revenue reached $3.34 billion, up from $2.29 billion, while nine‑month revenue rose to $9.17 billion from $6.92 billion as exabytes sold and pricing both improved.
Gross margin expanded to 50.2% in the quarter, reflecting higher volumes and a lower cost structure on newer drives. Net income from continuing operations was $3.21 billion for the quarter and $6.23 billion year‑to‑date, heavily influenced by a $2.73 billion quarterly gain on its retained Sandisk stake and a $545 million cost tied to a debt‑for‑equity exchange.
The company used Sandisk shares to retire term loans and senior notes, cutting total debt from $4.75 billion to $1.60 billion. It also repurchased $1.92 billion of common stock, converted all preferred shares into common equity, generated $2.54 billion in operating cash flow over nine months, and initiated growing cash dividends while maintaining a sizable share repurchase authorization.
Western Digital Corporation reports strong second‑quarter fiscal 2026 results, with net revenue of $3,017 million and net income from continuing operations of $1,842 million. Revenue rose 25% year over year, led by a 22% increase in exabytes sold and better pricing on high‑capacity HDDs.
Cloud revenue grew 28% to $2,673 million, while gross margin improved to 45.7% from 37.7% on a lower cost structure and richer product mix. Results also include a $1,103 million unrealized gain on Western Digital’s retained interest in Sandisk after the Flash separation.
For the first half of fiscal 2026, revenue reached $5,835 million and net income from continuing operations was $3,024 million. The company reduced debt using Sandisk shares, repurchased $1.17 billion of stock, and paid common dividends of $0.225 per share while maintaining cash of $1,975 million.
Western Digital (WDC) reported a stronger quarter, with revenue of $2.818 billion, up from $2.212 billion a year ago, driven mainly by Cloud at $2.510 billion. Gross profit rose to $1.227 billion as operating income more than doubled to $792 million. Net income from continuing operations reached $1.182 billion, aided by a $611 million gain on the retained Sandisk interest following the February 2025 separation.
Cash from operations improved to $672 million versus $34 million last year, supporting $553 million of share repurchases (6.4 million shares) and a $0.10 per-share dividend paid to common shareholders. WDC ended the quarter with $2.048 billion in cash and $4.683 billion of debt; the $1.60 billion 2028 convertible notes became convertible and were classified as current. The effective tax rate was 12%. Customer concentration increased, with the top 10 customers contributing 77% of revenue. Subsequent to quarter-end, the board declared a $0.125 per-share dividend payable on December 18, 2025.