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WESTERN DIGITAL CORP

WDC
Computer Storage Devices
Last filing · Annual · Jul 3, 2026
Statement
Order
Format
% Change
Rows
USD ($)
$ in Millions, shares in Millions
Jul 3, 2026Jun 27, 2025Jun 28, 2024Jun 30, 2023Jul 1, 2022Jul 2, 2021Jul 3, 2020Jun 28, 2019Jun 29, 2018Jun 30, 2017Jul 1, 2016Jul 3, 2015Jun 27, 2014Jun 28, 2013Jun 29, 2012Jul 1, 2011Jul 2, 2010
Revenue, net
12,919
9,520
13,003
Cost of revenue
6,608
5,828
10,058
Gross profit
6,311
3,692
2,945
Operating expenses:
                 
Research and development
1,161
994
1,907
Selling, general and administrative
551
568
828
Litigation matter
0
198
-
Business realignment charges (credits)
146
(6)
-
Litigation matter
-
-
291
Employee termination, asset impairment, and other
-
-
139
Business separation costs
-
-
97
Charges related to arbitration award
-
-
-
Charges related to flooding, net
-
-
-
Impairment and other charges
-
-
-
Total operating expenses
1,858
1,358
3,262
Operating income (loss)
4,453
2,334
(317)
Interest and other income (expense):
                 
Interest income
51
45
39
Interest expense
(165)
(357)
(417)
Gain (loss) on retained interest in Sandisk
6,498
(772)
-
Costs in connection with debt-for-equity exchange
(545)
(100)
-
Costs in connection with convertible notes transactions
108
-
-
Costs in connection with equity-for-equity exchanges
254
-
-
Other income (expense), net
(25)
(20)
34
Interest and other expense
-
-
-
Total interest and other income (expense), net
5,452
(1,204)
(344)
Income (loss) before taxes
9,905
1,130
(661)
Income tax expense (benefit)
481
(513)
137
Net income (loss) from continuing operations
9,424
1,643
-
Net income (loss) from discontinued operations, net of taxes
0
246
-
Net income (loss) from continuing operations
9,424
1,889
(798)
Less: cumulative dividends allocated to preferred shareholders
-
-
54
Net income (loss) attributable to common shareholders
-
-
(852)
Net income (loss) per common share:
                 
Basic:
                 
Continuing operations - basic (in dollars per share)
26.92
4.61
-
Discontinued operations - basic (in dollars per share)
0
0.7
-
Net income (loss) per share - basic (in dollars per share)
26.92
5.31
(2.61)
Diluted:
                 
Continuing operations - diluted (in dollars per share)
24.28
4.45
-
Discontinued operations - diluted (in dollars per share)
0
0.67
-
Net income (loss) per share - diluted (in dollars per share)
24.28
5.12
(2.61)
Weighted average shares outstanding:
                 
Basic (in shares)
-
-
326
Diluted (in shares)
-
-
326
Cash dividends declared per share (in USD per share)
-
-
-