To the full analysis
Western Digital stock: growth
WDCWestern Digital reported $12.92B in revenue for fiscal 2026, up 35.7% on the prior year, up 8.5% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
4.6%
per year from 2007 to 2026, per share 2.2%
Earnings (Annual rate)
16%
per year from 2007 to 2026, per share 13.2%
Free cash flow (Annual rate)
13.9%
per year from 2007 to 2026, per share 11.3%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | −5.3% | −0.1% | 4.6% |
| Revenue per share | −7.6% | −3.7% | 2.2% |
| Earnings | 62.9% | 44.2% | 16.0% |
| Earnings per share | 58.5% | 38.9% | 13.2% |
| Free cash flow | 31.4% | 9.6% | 13.9% |
| Free cash flow per share | 28.2% | 5.7% | 11.3% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $5.47B | $564M | $294M |
| 2008 | $8.07B | $867M | $784M |
| 2009 | $7.45B | $470M | $786M |
| 2010 | $9.85B | $1.38B | $1.21B |
| 2011 | $9.53B | $726M | $877M |
| 2012 | $12.48B | $1.61B | $2.35B |
| 2013 | $15.35B | $980M | $2.17B |
| 2014 | $15.13B | $1.62B | $2.19B |
| 2015 | $14.57B | $1.47B | $1.63B |
| 2016 | $12.99B | $242M | $1.4B |
| 2017 | $19.09B | $397M | $2.88B |
| 2018 | $20.65B | $675M | $3.4B |
| 2019 | $16.57B | −$754M | $790M |
| 2020 | $16.74B | −$250M | $177M |
| 2021 | $16.92B | $821M | $895M |
| 2022 | $18.79B | $1.55B | $773M |
| 2023 | $6.26B | −$1.68B | −$1.22B |
| 2024 | $6.32B | −$798M | −$781M |
| 2025 | $9.52B | $1.89B | $1.28B |
| 2026 | $12.92B | $9.42B | $3.51B |
Revenue by segment
How Western Digital Corporation makes its money and how that has shifted. Names are as the company reports them.
- Cloud89%
- Client Devices6%
- Retail Products5%
Figures as a table
| 2025 | 2026 | Share 2026 | |
|---|---|---|---|
| Cloud | $8.34B | $11.49B | 88.9% |
| Client Devices | $556M | $726M | 5.6% |
| Retail Products | $623M | $703M | 5.4% |
| Total revenue | $9.52B | $12.92B | 100% |
Revenue by region
Where Western Digital Corporation generates its revenue.
- Americas40%
- Asia31%
- EMEA16%
- Other12%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2025 | 2026 | Share 2026 | |
|---|---|---|---|
| Americas | $4.59B | $5.17B | 40% |
| Asia | $3.39B | $4.03B | 31.2% |
| EMEA | $1.54B | $2.11B | 16.4% |
| Other | $0 | $1.61B | 12.4% |
| Total revenue | $9.52B | $12.92B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 3 Jul 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 3 Nov 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.