Western Digital Corporation
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Financial Performance
Revenue
$9.52B
Market Cap
$22.4B
Employees
68,000
Western Digital is executing a consequential strategic separation, furiously splitting its flash memory (NAND) and hard disk drive (HDD) businesses into two independent companies to unlock trapped shareholder value. Under CEO Irving Tan, the storage giant generated exactly $13.3 billion in revenue and maintains a $22.4 billion market cap with exactly 68000 employees. The financial narrative in 2026 is entirely defined by AI-driven storage supercycle recovery; rebounding from one of the most catastrophic NAND oversupply corrections in semiconductor history, Western Digital extracts rapidly improving profitability from both its nearline HDD segment — riding the AI data center storage boom — and its recovering enterprise SSD segment as generative AI training and inference workloads create insatiable demand for high-capacity storage.
Revenue Trend Analysis
YoY Change
+50.7%
3-Year CAGR
-20.3%
Peak Year
2022
Trend
Mostly Growing
Western Digital Corporation has reported revenue across 4 fiscal years, compounding at -20.3% annually over 3 years. The most recent year saw a 50.7% increase versus the prior year. Revenue peaked in 2022 at $18.8B. Out of 3 reported periods, 2 showed growth and 1 showed a decline.
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2025 | $9.5B | +50.7% |
| FY2024 | $6.3B | +1.0% |
| FY2023 | $6.3B | -66.7% |
| FY2022 | $18.8B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Western Digital Corporation reported approximately $13.3B in fiscal year 2025 with a team of 68,000 employees worldwide.
Western Digital Corporation strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Hard disk drives, data-center storage, and computer storage infrastructure is driven by steady cash generation and pricing power, enabling Western Digital Corporation to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Western Digital Corporation Revenue & Financials." CorpDigest, https://corpdigest.com/company/western-digital/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Western Digital Corporation reported $10B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/western-digital/financials" target="_blank" rel="noopener">CorpDigest — Western Digital Corporation financials</a></div>