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AI Earnings Predictions for Western Digital Corporation (WDC)

Machine learning predictions based on historical earnings data and price patterns

Latest Prediction

BUY

1-Day Prediction

+2.61%

$362.39

100% positive prob.

5-Day Prediction

+5.47%

$372.50

100% positive prob.

20-Day Prediction

+5.88%

$373.95

95% positive prob.

Price at prediction: $353.18 Confidence: 99.9% Model AUC: 1.0000 Quarter: Q3 2026

Historical Earnings Predictions

Quarter Signal 1D Return 5D Return 20D Return Confidence Actual 5D
Q3 2026 BUY +2.61% +5.47% +5.88% 99.9% Pending
Q2 2026 BUY +2.61% +5.50% +5.83% 100.0% Pending
Q1 2026 BUY +2.94% +5.46% +4.37% 100.0% +5.93%
Q4 2025 SELL -1.87% -4.13% +1.92% 100.0% -6.84%

Earnings Transcripts

SEC 8-K filings with transcript text

View All
2026
Q3

Q3 2026 Earnings

8-K BUY

Oct 22, 2026 · 100% conf.

AI Prediction BUY

1D

+2.61%

$362.39

5D

+5.47%

$372.50

20D

+5.88%

$373.95

Price: $353.18 Prob +5D: 100% AUC: 1.000
0001628280-26-066882

EX-99.1

2 a4ex991-pressreleaseq127.htm

EX-99.1

Document

Exhibit 99.1

WD Reports Fiscal First Quarter 2027 Financial Results

Q1FY27 Highlights:

•Revenue of $4.38 billion, up 55% year-over-year

•GAAP gross margin of 57.8%; non-GAAP gross margin of 58.1%

•GAAP diluted EPS of $4.63; non-GAAP diluted EPS of $4.64

•Cash flow from operations of $1.60 billion; free cash flow of $1.38 billion

•Q2FY27 revenue expected to be up 66% to 72% year-over-year

SAN JOSE, Calif. — October 22, 2026 — Western Digital Corporation (Nasdaq: WDC) today reported fiscal first quarter 2027 financial results for the period ended October 2, 2026.

“Fiscal 2027 is off to a strong start, with results exceeding expectations, driven by robust customer demand and disciplined execution. In our fiscal first quarter, revenue grew 55% year over year, non-GAAP gross and operating margins expanded to 58.1% and 49.1%, respectively, resulting in a 161% year-over-year increase in non-GAAP EPS. Reflecting our confidence in the business and our commitment to return capital to shareholders, we are raising our quarterly cash dividend by 17% to $0.175 per share,” said Irving Tan, CEO of WD. “We are executing well through our technology transitions to meet the growing demand for storage. As we deepen our customer relationships, broaden the customer base to new areas of the market, and extend our visibility into future demand, we are building an increasingly durable foundation for long-term value creation.”

1

Western Digital Reports Fiscal First Quarter 2027 Financial Results

Q1FY27 Financial Highlights

($ in millions, except per share amounts)

GAAP

Q1FY27Q4FY26Q1FY26Q/QY/Y

Revenue $4,381$3,747$2,818+17%+55%

Gross Margin57.8%54.1%43.5%+370 bps+1430 bps

Operating Income$2,046$1,563$792+31%+158%

Operating Margin46.7%41.7%28.1%+500 bps+1860 bps

Diluted Net Income Attributable to Common Shareholders $1,779$3,195$1,154-44%+54%

Diluted Net Income Per Common Share $4.63$8.21$3.07-44%+51%

Non-GAAP

Q1FY27Q4FY26Q1FY26Q/Q

Y/Y

Revenue $4,381$3,747$2,818+17%+55%

Gross Margin58.1%54.4%43.9%+370 bps+1420 bps

Operating Income $2,153$1,655$856+30%+152%

Operating Margin49.1%44.2%30.4%+490 bps+1870 bps

Diluted Net Income Attributable to Common Shareholders $1,779$1,382$655+29%+172%

Diluted Net Income Per Common Share $4.64$3.56$1.78+30%+161%

2

Western Digital Reports Fiscal First Quarter 2027 Financial Results

Business Outlook for Fiscal Second Quarter of 2027

“Our first quarter results demonstrate the continued momentum in our business, with robust exabyte growth and improved pricing driving another quarter of strong financial performance,” said Kris Sennesael, CFO of WD. “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.”

Non-GAAP(1)

Revenue $5.1B +/- $100M

Gross margin60% - 61%

Operating expenses

$400M - $410M

Interest and other expense, net

~ $15M

Tax rate ~ 17%

Diluted net income per common share $5.80 +/- $0.20

Diluted weighted average shares

~ 380M

(1)     We provide earnings guidance only on a non-GAAP basis because certain information necessary to reconcile such guidance to GAAP is difficult to estimate or cannot be allocated or quantified with certainty and is dependent on future events outside of our control. Please refer to the section titled “Non-GAAP Guidance” under “Discussion Regarding the Use of Non-GAAP Financial Measures” in this press release for additional information regarding the non-GAAP measures, including quantification of known expected adjustment items.

Dividend

WD’s Board of Directors declared a cash dividend of $0.175 per share of the company’s common stock, which will be paid on December 17, 2026 to stockholders of record as of the close of business on December 4, 2026.

WD’s Fiscal First Quarter 2027 Conference Call

WD will host a conference call to discuss its fiscal first quarter 2027 results and business outlook for the fiscal second quarter of 2027 today at 1:30 p.m. Pacific / 4:30 p.m. Eastern. The live and archived conference call and the earnings presentation can be accessed online at investor.wdc.com.

About WD

WD, also known as Western Digital, builds the storage infrastructure that powers certainty in the AI-driven data economy. At the forefront of innovation, WD partners with the world’s leading hyperscalers, cloud service providers, and enterprises to enable reliable storage solutions that are proven and trusted at scale. Driven by a culture of innovation and execution, WD helps customers store, protect, and use the world’s data with confidence. Follow WD on LinkedIn and learn more at www.wd.com.

3

Western Digital Reports Fiscal First Quarter 2027 Financial Results

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws, including statements regarding expectations for: the company’s bus

2026
Q2

Q2 2026 Earnings

8-K BUY

Aug 5, 2026 · 100% conf.

AI Prediction BUY

1D

+2.61%

$527.40

Act: -12.45%

5D

+5.50%

$542.29

20D

+5.83%

$543.95

Price: $514.00 Prob +5D: 100% AUC: 1.000
0001628280-26-053305

EX-99.1

2 a4ex991-pressreleaseq426.htm

EX-99.1

Document

Exhibit 99.1

WD Reports Fiscal Fourth Quarter and Fiscal Year 2026 Financial Results

Q4FY26 Highlights:

•Revenue of $3.75 billion, up 44% year-over-year

•GAAP gross margin of 54.1%; non-GAAP gross margin of 54.4%

•GAAP diluted EPS of $8.21; non-GAAP diluted EPS of $3.56

•Cash flow from operations of $1.39 billion; free cash flow of $1.28 billion

•Q1FY27 revenue expected to be up 42% to 49% year-over-year

SAN JOSE, Calif. — August 5, 2026 — Western Digital Corporation (Nasdaq: WDC) today reported fiscal fourth quarter and fiscal year 2026 financial results for the period ended July 3, 2026.

“WD concluded fiscal year 2026 with strong performance. In our fiscal fourth quarter, revenue increased 44% year over year, gross and operating margins expanded, and earnings per share more than doubled. These results reflect our ability to scale innovation and operational excellence across our global organization, supporting our customers’ growing storage demand,” said Irving Tan, CEO of WD. “As global data creation continues to accelerate, we enter fiscal year 2027 with continued confidence in the durability of demand and with increasing visibility into our business. With our scale, technology leadership, and operational discipline, WD is well positioned to capitalize on the secular data growth opportunity and deliver long-term shareholder value.”

1

Western Digital Reports Fiscal Fourth Quarter and Fiscal Year 2026 Financial Results

Q4FY26 Financial Highlights

($ in millions, except per share amounts)

GAAP

Q4FY26Q3FY26Q4FY25Q/QY/Y

Revenue $3,747$3,337$2,605+12%+44%

Gross Margin54.1%50.2%41.0%+390 bps+1310 bps

Operating Income$1,563$1,190$680+31%+130%

Operating Margin41.7%35.7%26.1%+600 bps+1560 bps

Diluted Net Income Attributable to Common Shareholders $3,195$3,172$243+1%+1215%

Diluted Net Income Per Common Share $8.21$8.20$0.67+0%+1125%

Non-GAAP

Q4FY26Q3FY26Q4FY25Q/Q

Y/Y

Revenue $3,747$3,337$2,605+12%+44%

Gross Margin54.4%50.5%41.3%+390 bps+1310 bps

Operating Income $1,655$1,287$732+29%+126%

Operating Margin44.2%38.6%28.1%+560 bps+1610 bps

Diluted Net Income Attributable to Common Shareholders $1,382$1,048$600+32%+130%

Diluted Net Income Per Common Share $3.56$2.72$1.70+31%+109%

Fiscal Year 2026 Financial Highlights

($ in millions, except per share amounts) GAAPNon-GAAP

FY26FY25Y/YFY26FY25Y/Y

Revenue$12,919$9,520+36%$12,919$9,520+36%

Gross Margin48.9%38.8%+1010 bps49.1%39.4%+970 bps

Operating Income$4,453$2,334+91%$4,817$2,326+107%

Operating Margin34.5%24.5%+1000 bps37.3%24.4%+1290 bps

Diluted Net Income Attributable to Common Shareholders$9,298$1,599+481%$3,883$1,768+120%

Diluted Net Income Per Common Share$24.28$4.45+446%$10.22$5.02+104%

2

Western Digital Reports Fiscal Fourth Quarter and Fiscal Year 2026 Financial Results

Business Outlook for Fiscal First Quarter of 2027

“Fiscal 2026 was an outstanding year for WD, characterized by broadening demand, deeper customer engagement, and disciplined execution across all end markets. As the cloud and other data-intensive workloads continue to expand, we remain confident in the long-term growth trajectory of our business, further margin expansion, and strong free cash flow generation,” said Kris Sennesael, CFO of WD. “For our fiscal first quarter of 2027, at the midpoint of the ranges provided in the table below, we expect revenue of $4.1 billion, non-GAAP gross margin of 55.5%, and non-GAAP EPS of $4.00.”

Non-GAAP(1)

Revenue $4.1B +/- $100M

Gross margin55% - 56%

Operating expenses

$390M - $400M

Interest and other expense, net

~ $15M

Tax rate ~ 17%

Diluted net income per common share $4.00 +/- $0.15

Diluted weighted average shares

~ 388M

(1)     We provide earnings guidance only on a non-GAAP basis because certain information necessary to reconcile such guidance to GAAP is difficult to estimate or cannot be allocated or quantified with certainty and is dependent on future events outside of our control. Please refer to the section titled “Non-GAAP Guidance” under “Discussion Regarding the Use of Non-GAAP Financial Measures” in this press release for additional information regarding the non-GAAP measures, including quantification of known expected adjustment items.

Dividend

WD’s Board of Directors declared a cash dividend of $0.15 per share of the company’s common stock, which will be paid on September 17, 2026 to stockholders of record as of the close of business on September 8, 2026.

WD’s Fiscal Fourth Quarter 2026 Conference Call

WD will host a conference call to discuss its fiscal fourth quarter and fiscal year 2026 results and business outlook for the fiscal first quarter of 2027 today at 1:30 p.m. Pacific / 4:30 p.m. Eastern. The live and archived conference call and the earnings presentation can be accessed online at investor.wdc.com.

About WD

WD, also known as Western Digital, builds the storage infrastructure that powers certainty in the AI-driven data e

2026
Q1

Q1 2026 Earnings

8-K BUY

Apr 30, 2026 · 100% conf.

AI Prediction BUY

1D

+2.94%

$445.95

Act: -1.02%

5D

+5.46%

$456.91

Act: +5.93%

20D

+4.37%

$452.16

Act: +21.86%

Price: $433.23 Prob +5D: 100% AUC: 1.000
0001628280-26-028878

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About Western Digital Corporation (WDC) Earnings

This page provides Western Digital Corporation (WDC) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.

Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on WDC's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.

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