Western Digital disclosed in an SEC 8-K filing that Q4 revenue of $3.75 billion beat market expectations, but as of 7:00 a.m. KST on the 6th, shares stood at $519.17, down 5.36% from the previous close.
📊 Price at Time of Writing (Aug 6, 2026, 07:01 KST)
$519.17 ▼ -5.36%
Q4 Results at a Glance
Western Digital reported fiscal 2026 fourth-quarter results (period ended July 3) on the 5th (local time). Both revenue and earnings beat market expectations. CEO Irving Tan said, "Fourth-quarter revenue grew 44% year-over-year, gross and operating margins both expanded, and earnings per share more than doubled," adding that this was "the result of scaling innovation and operational efficiency across our global organization to meet customers' growing storage demand."
- Revenue: $3.75 billion, +44% YoY, +12% QoQ
- Non-GAAP EPS: $3.56, more than double the $1.70 posted a year earlier
- GAAP operating income: $1.56 billion, operating margin of 41.7% (vs. 26.1% a year earlier)
- Operating cash flow: $1.39 billion; free cash flow (cash remaining after capital expenditures, etc.): $1.28 billion
- Full fiscal 2026 revenue: $12.92 billion, +36% year-over-year
Next Quarter Outlook
Western Digital guided next quarter (fiscal 2027 Q1) revenue to roughly $4.1 billion, up 42% to 49% year-over-year. The company guided non-GAAP EPS to $4.00, plus or minus $0.15. CFO Kris Sennesael said, "Fiscal 2026 was an outstanding year, driven by expanding demand, strengthened customer relationships, and execution across all business segments," adding that "as data-intensive demand from cloud and other sources continues to grow, we remain confident in long-term growth, margin expansion, and strong free cash flow generation." The board also declared a cash dividend of $0.15 per share. The dividend will be paid on September 17 to shareholders of record as of September 8.
Market Reaction
The results beat market expectations. According to Investing.com, non-GAAP EPS came in $0.27 above consensus. Even so, shares fell after the announcement. Outlets including Benzinga and Seeking Alpha reported that the stock slid even though both the results and next-quarter guidance topped expectations. StockStory reported that shares dropped as much as 10% at one point. As of the morning of the 6th, the stock was still down more than 5%.
This article was automatically generated based on the original SEC 8-K filing and international media reports, with the goal of quickly delivering key data immediately after the announcement. Readers are advised to review the company's official filing before making trading decisions. Prices reflect the time of writing and may differ from current levels.
