Western Digital (WDC) Q1 2026 10-Q Quarterly Report
Western Digital (WDC) 10-Q quarterly report for Q1 2026, filed with SEC EDGAR on Jan 30, 2026 for the fiscal period ending Jan 2, 2026. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.
Western Digital Q1 2026 10-Q Analysis
Management Discussion & Analysis
- • Revenue $3.02B, up 25% YoY from $2.41B; driven by 22% growth in exabytes sold and 2% ASP increase
- • Gross margin 45.7% vs 37.7% YoY; gross profit increased $473M due to improved pricing and lower cost structure
- • Cloud segment best performer: revenue $2.67B, up 28%; Consumer worst: revenue down 3% YoY
- • Operating income margin 30.1% vs 23.2% YoY; operating expenses 15.6% of revenue vs 14.4% prior year
- • Operating cash flow $1.42B for 6 months; share repurchases $1.17B; net cash down $139M; $1.1B unrealized gain on Sandisk stake boosted income
- • Management optimistic on cloud demand, AI-driven growth; monitoring tariff uncertainties; expects modest R&D increase; dividend declared $0.125/share post-quarter
Risk Factors
- • No newly added risk factors this quarter; section states no material changes from 2025 10-K
- • Most significant carried-forward risk: market demand volatility impacting revenue and profitability
- • Regulatory compliance risk: ongoing adherence to export control and trade sanctions laws remains critical
- • Operational risk: supply chain disruptions could adversely affect product availability and costs
- • Financial risk: exposure to currency fluctuations affecting international sales and expenses
Western Digital Q1 2026 Quarterly FinancialsXBRL
Revenue
$3.0B
▼ -29.6% YoY▲ +7.1% QoQ
Net Income
$1.8B
▲ +210.1% YoY▲ +55.8% QoQ
Net Margin
61.1%
▲ +4719bp YoY▲ +1911bp QoQ
Source: XBRL data from Western Digital Q1 2026 10-Q filing on SEC EDGAR. All figures in USD.
Other Western Digital Quarterly Reports
Get deeper insights on Western Digital
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.