What was Western Digital Corporation's revenue in 2023?

Western Digital Corporation reported $12.3B in revenue for fiscal year 2023. This represents a -34.5% change compared to 2022. Fiscal 2023 revenue fell 34.5% to $12.32 billion as NAND flash prices collapsed under oversupply and the industry endured a severe inventory correction.

How did Western Digital Corporation's revenue change from 2022 to 2023?

Western Digital Corporation revenue declined from $18.8B in 2022 to $12.3B in 2023, a change of -34.5%.

Was 2023 Western Digital Corporation's best revenue year?

No. Western Digital Corporation's highest recorded revenue year was 2022 at $18.8B. In 2023, Western Digital Corporation reported $12.3B.

What was Western Digital Corporation's highest ever annual revenue?

Western Digital Corporation's highest ever annual revenue was $18.8B recorded in fiscal year 2022.

Western Digital Corporation

Data StorageFounded 1970

Reviewed by Swet Parvadiya

Last reviewed: July 2026

Explore Western Digital

Core profile pages, annual revenue records, and related research hubs for this company.

Western Digital Corporation

Data StorageFounded 1970

Reviewed by Swet Parvadiya

Last reviewed: July 2026

Annual Revenue

Western Digital Corporation Revenue in 2023

FY2023 Revenue

$12.3B

▼ 34.5% vs FY2022 ($18.8B)

Source: Annual report / company filing

Western Digital Corporation reported $12.3B in revenue for fiscal year 2023. This represents a decline of 34.5% compared to the 2022 figure of $18.8B. In 2024, revenue declined to $12.3B.

Fiscal 2023 revenue fell 34.5% to $12.32 billion as NAND flash prices collapsed under oversupply and the industry endured a severe inventory correction.

Revenue by Year

FY2024 FY2023

Western Digital Corporation Annual Revenue History

Year	Revenue	YoY Change
FY2024	$12.3B	+0.0%
FY2023	$12.3B	-34.5%
FY2022	$18.8B	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

Next year →

FY2024: $12.3B

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Core profile pages, annual revenue records, and related research hubs for this company.