NASDAQ · Technology · Fiscal year endsFY ends July

Western Digital Corp

WDC

$347.35+8.76 (+2.59%)At close, Nov 3

52-week low $132.43high $799.87

56.6% below its 52-week high

Next earningsJan 27, 2027

Next report · Q2 FY27

Wednesday, January 27, 2027

The average analyst estimate, as compiled by Finnhub: EPS of $5.93 and revenue of $5.2B.

Western Digital Corp's own outlook, from its October 22, 2026 earnings release:

“Looking ahead, for our fiscal second quarter of 2027, at the midpoint of the ranges, we expect revenue of $5.1 billion, non-GAAP gross margin of 60.5%, and non-GAAP EPS of $5.80.””

That is revenue of $5.10B. Read the release

Revenue by quarter

$ billions

1.4

Q2 FY24

1.8

Q3 FY24

2.0

Q4 FY24

2.2

Q1 FY25

2.4

Q2 FY25

2.3

Q3 FY25

2.6

Q4 FY25

2.8

Q1 FY26

3.0

Q2 FY26

3.3

Q3 FY26

3.7

Q4 FY26

4.4

Q1 FY27

5.1

Q2 FY27 (next)

Reported, from the 10-Q and 10-K filings Western Digital Corp’s own outlook, from the earnings release a quarter earlier

Outlook against reported

The company’s own outlook against what it then reported

Quarter	Outlook	Reported	Given in
Q2 FY26	$2.90B	$3.0B	October 30, 2025 release
Q3 FY26	$3.20B	$3.3B	January 29, 2026 release
Q4 FY26	$3.65B	$3.7B	April 30, 2026 release
Q1 FY27	$4.10B	$4.4B	August 5, 2026 release

Diluted EPS by quarter

$ per share, as reported

-0.92

Q2 FY24

0.35

Q3 FY24

0.08

Q4 FY24

1.35

Q1 FY25

1.63

Q2 FY25

1.42

Q3 FY25

0.75

Q4 FY25

3.07

Q1 FY26

4.73

Q2 FY26

8.20

Q3 FY26

8.28‡

Q4 FY26

4.63

Q1 FY27

On today’s share basis: figures from before a stock split are divided by it, so every quarter compares.

‡ A fourth quarter is the year’s EPS less the first three quarters’, calculated by The Dispatch: a 10-K reports the year, not the quarter. It can differ by a cent or two from the company’s own figure, because the share count moves during the year.

Estimates

EPS against the average estimate

Last four quarters

Quarter	Average estimate	Reported	Difference
Q1 FY27	$4.13	$4.64	EPS came in $0.51 above the average estimate
Q4 FY26	$3.33	$3.56	EPS came in $0.23 above the average estimate
Q3 FY26	$2.41	$2.72	EPS came in $0.31 above the average estimate
Q2 FY26	$1.94	$2.13	EPS came in $0.19 above the average estimate

Both from Finnhub. Its reported figures are on the same basis as analysts’ estimates, which usually leave out some one-off items, so they can differ from the diluted EPS above, which is as filed with the SEC.

Revenue and EPS: Western Digital Corp's 10-Q and 10-K filings, from SEC EDGAR. Outlooks: the company's earnings releases (exhibit 99.1 to its 8-K filings), quoted as written; only a revenue figure stated for the coming quarter is read, and the last five releases are checked. Next report date and estimates: Finnhub.