WDC financial statements

The full income statement, balance sheet, and cash-flow statement for Western Digital Corporation (WDC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 343.5M2024-09 345.7M2024-12 347.8M2025-03 348.9M2025-06 346.9M2025-10 341.9M2026-01 339.0M2026-04 344.7M2026-07 360.5M+5.0% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofJul 3 ’26	as ofJun 27 ’25	as ofJun 28 ’24	as ofJun 30 ’23	as ofJul 1 ’22
Revenue	12.9B YoY+35.7%	9.52B YoY+50.7%	6.32B YoY+1.0%	6.25B YoY-66.7%	18.8B YoY+11.1%
	6.31B YoY+70.9%	3.69B YoY+108.2%	1.77B YoY+27.5%	1.39B YoY-76.3%	5.87B YoY+29.9%
Cost of revenue	6.61B YoY+13.4%	5.83B YoY+28.3%	4.54B YoY-6.6%	4.86B YoY-62.4%	12.9B YoY+4.2%
	1.86B YoY+36.8%	1.36B YoY-37.6%	2.18B YoY+12.2%	1.94B YoY-44.3%	3.48B YoY+5.5%
Research & development	1.16B YoY+16.8%	994M YoY+4.6%	950M YoY-3.7%	986M YoY-57.6%	2.32B YoY+3.6%
Selling, general & administrative	551M YoY-3.0%	568M YoY-21.8%	726M YoY-10.0%	807M YoY-27.8%	1.12B YoY+1.1%
Restructuring	—	—	—	—	50.0M YoY+78.6%
Amortization of intangibles	—	—	3.00M YoY-97.7%	133M YoY-39.8%	221M YoY-54.5%
Operating income	4.45B YoY+90.8%	2.33B YoY+679.2%	-403M YoY+26.5%	-548M YoY-122.9%	2.39B YoY+96.0%
Interest expense	165M YoY-53.8%	357M YoY-13.8%	414M YoY+32.7%	312M YoY+2.6%	304M YoY-6.7%
Interest & investment income	51.0M YoY+13.3%	45.0M YoY+36.4%	33.0M YoY+73.7%	19.0M YoY+216.7%	6.00M YoY-14.3%
Other non-operating income	-25.0M YoY-25.0%	-20.0M YoY-144.4%	45.0M YoY+550.0%	-10.0M YoY-112.8%	78.0M YoY+200.0%
Gain (loss) on equity securities	6.50B YoY+941.7%	-772M	0.00	0.00	—
Pre-tax income	9.90B YoY+776.5%	1.13B YoY+252.9%	-739M YoY+13.0%	-849M YoY-139.1%	2.17B YoY+134.2%
Income tax	481M YoY+193.8%	-513M YoY-2073.1%	26.0M YoY-50.9%	53.0M YoY-91.5%	625M YoY+489.6%
	9.42B YoY+398.9%	1.89B YoY+336.7%	-798M YoY+52.6%	-1.68B YoY-208.9%	1.55B YoY+88.3%
Income from continuing operations	9.42B YoY+473.6%	1.64B YoY+314.8%	-765M YoY+15.2%	-902M	—
Preferred dividends	8.00M YoY+0.0%	8.00M	—	—	—
Net income to common	9.29B YoY+404.7%	1.84B YoY+316.0%	-852M YoY+50.1%	-1.71B YoY-210.5%	1.55B YoY+88.3%
	$24.28 YoY+374.2%	$5.12 YoY+296.2%	-$2.61 YoY+51.4%	-$5.37 YoY-209.8%	$4.89 YoY+83.8%
EPS (basic)	$26.92 YoY+407.0%	$5.31 YoY+303.4%	-$2.61 YoY+51.4%	-$5.37 YoY-208.3%	$4.96 YoY+84.4%
	345M YoY-0.6%	347M YoY+6.4%	326M YoY+2.5%	318M YoY+1.9%	312M YoY+2.3%
	383M YoY+6.7%	359M YoY+10.1%	326M YoY+2.5%	318M YoY+0.6%	316M YoY+2.3%
Dividends per share	$0.50 YoY+400.0%	$0.10	—	—	$0.00
Balance Sheet	as ofJul 3 ’26	as ofJun 27 ’25	as ofJun 28 ’24	as ofJun 30 ’23	as ofJul 1 ’22
	5.63B YoY-3.8%	5.86B YoY-27.3%	8.06B YoY+2.2%	7.89B YoY-16.6%	9.45B YoY-3.1%
Cash & equivalents	1.58B YoY-25.3%	2.11B YoY+36.3%	1.55B YoY-23.3%	2.02B YoY-13.1%	2.33B YoY-30.9%
Accounts receivable	2.03B YoY+36.3%	1.49B YoY+20.7%	1.23B YoY-23.0%	1.60B YoY-43.0%	2.80B YoY+24.2%
Inventory	1.51B YoY+17.0%	1.29B YoY-6.9%	1.39B YoY-62.5%	3.70B YoY+1.6%	3.64B YoY+0.6%
Other current assets	518M YoY-15.2%	611M YoY+69.7%	360M YoY-36.5%	567M YoY-17.1%	684M YoY+33.1%
	13.9B YoY-1.0%	14.0B YoY-42.1%	24.2B YoY-1.5%	24.5B YoY-6.5%	26.3B YoY+0.5%
Property, plant & equipment	2.48B YoY+5.7%	2.34B YoY-0.7%	2.36B YoY-34.8%	3.62B YoY-1.4%	3.67B YoY+15.1%
Operating lease right-of-use	122M YoY-0.8%	123M YoY-14.0%	143M YoY-45.0%	260M YoY-13.3%	300M YoY+35.1%
Goodwill	4.32B YoY+0.0%	4.32B YoY+0.0%	4.32B YoY-57.0%	10.0B YoY-0.0%	10.0B YoY-0.2%
Intangible assets	—	—	78.0M YoY-2.5%	80.0M YoY-62.4%	213M YoY-51.8%
Other non-current assets	1.43B YoY-3.6%	1.48B YoY+77.3%	837M YoY-44.7%	1.51B YoY+1.8%	1.49B YoY+36.0%
	4.24B YoY-21.7%	5.42B YoY-11.0%	6.09B YoY+12.0%	5.43B YoY+3.8%	5.24B YoY+7.5%
Accounts payable	1.77B YoY+40.1%	1.27B YoY+20.1%	1.05B	—	1.90B YoY-1.7%
Accrued liabilities	690M YoY-4.0%	719M YoY-31.7%	1.05B YoY-18.2%	1.29B YoY-21.3%	1.64B YoY+17.7%
Short-term & current debt	1.05B YoY-52.7%	2.23B YoY+27.2%	1.75B YoY+44.3%	1.21B	0.00 YoY-100.0%
Current lease liability	32.0M YoY+3.2%	31.0M YoY+10.7%	28.0M YoY-30.0%	40.0M YoY+0.0%	40.0M YoY+21.2%
	5.00B YoY-40.9%	8.46B YoY-35.6%	13.1B YoY+3.4%	12.7B YoY-9.5%	14.0B YoY-8.9%
Long-term debt	0.00 YoY-100.0%	2.48B YoY-56.3%	5.68B YoY-3.0%	5.86B YoY-16.6%	7.02B YoY-17.1%
Non-current lease liability	107M YoY-2.7%	110M YoY-17.3%	133M YoY-45.5%	244M YoY-11.9%	277M YoY+35.8%
Operating lease liability (total)	139M YoY-1.4%	141M YoY-12.4%	161M YoY-43.3%	284M YoY-10.4%	317M YoY+33.8%
Other non-current liabilities	757M YoY+35.4%	559M YoY-44.2%	1.00B YoY-29.2%	1.42B YoY-20.5%	1.78B YoY-13.9%
	8.86B YoY+66.9%	5.31B YoY-50.9%	10.8B YoY-1.3%	11.0B YoY-11.0%	12.3B YoY+14.1%
Preferred stock	—	—	—	—	0.00
Common stock	—	3.00M YoY+0.0%	3.00M YoY+0.0%	3.00M YoY+0.0%	3.00M
Additional paid-in capital	961M YoY-79.2%	4.62B YoY-2.8%	4.75B YoY+20.7%	3.94B YoY+5.4%	3.73B YoY+3.5%
Retained earnings	10.00B YoY+1212.1%	762M YoY-88.8%	6.78B YoY-10.5%	7.57B YoY-16.2%	9.04B YoY+19.9%
Treasury stock	2.12B YoY+2133.7%	95.0M	0.00	—	0.00 YoY-100.0%
Accumulated other comprehensive income	23.0M YoY+15.0%	20.0M YoY+102.8%	-712M YoY-29.9%	-548M YoY+1.1%	-554M YoY-181.2%
Total liabilities & equity	13.9B YoY-1.0%	14.0B YoY-42.1%	24.2B YoY-1.5%	24.5B YoY-6.5%	26.3B YoY+0.5%
	364M YoY+4.3%	349M YoY+1.7%	343M YoY+6.5%	322M YoY+2.2%	315M YoY+1.0%
	361M YoY+4.0%	347M YoY+1.2%	343M YoY+6.5%	322M YoY+2.2%	315M YoY+2.3%
	361M YoY+3.9%	347M YoY+1.0%	343M YoY+6.7%	322M YoY+2.4%	314M YoY+1.9%
Cash Flow	as ofJul 3 ’26	as ofJun 27 ’25	as ofJun 28 ’24	as ofJun 30 ’23	as ofJul 1 ’22
	3.93B YoY+132.3%	1.69B YoY+675.2%	-294M YoY+27.9%	-408M YoY-121.7%	1.88B YoY-0.9%
Depreciation & amortization	375M YoY-16.9%	451M YoY-20.6%	568M YoY-31.4%	828M YoY-10.9%	929M YoY-23.3%
Intangible amortization	—	—	3.00M YoY-97.7%	133M YoY-39.8%	221M YoY-54.5%
Share-based compensation	204M YoY-23.0%	265M YoY-10.2%	295M YoY-7.2%	318M YoY-2.5%	326M YoY+2.5%
Deferred income taxes	129M YoY+115.8%	-815M YoY-795.6%	-91.0M YoY-1616.7%	6.00M YoY-94.8%	116M YoY+147.9%
Change in receivables	541M YoY+784.8%	-79.0M YoY-113.9%	568M YoY+147.1%	-1.21B YoY-320.9%	546M YoY+551.2%
Change in inventory	218M YoY-46.7%	409M YoY+214.9%	-356M YoY-693.3%	60.0M YoY+172.7%	22.0M YoY-96.0%
Other operating activities	11.0M YoY-89.3%	103M YoY+171.1%	38.0M YoY-37.7%	61.0M YoY+221.1%	19.0M YoY+416.7%
	-429M YoY-386.0%	150M YoY+655.6%	-27.0M YoY+96.5%	-762M YoY+36.1%	-1.19B YoY-55.8%
Capital expenditure	418M YoY+1.5%	412M YoY-15.4%	487M YoY-40.7%	821M YoY-26.8%	1.12B YoY-2.1%
Free cash flow	3.51B YoY+174.5%	1.28B YoY+263.8%	-781M YoY+36.5%	-1.23B YoY-262.1%	758M YoY+0.8%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Other investing activities	11.0M YoY+237.5%	-8.00M YoY+69.2%	-26.0M YoY+16.1%	-31.0M YoY-219.2%	26.0M YoY+471.4%
	-4.03B YoY-150.1%	-1.61B YoY-962.0%	187M YoY-78.6%	875M YoY+150.9%	-1.72B YoY-110.3%
Long-term debt issued	1.95B YoY-9.5%	2.15B YoY-28.3%	3.00B YoY+154.2%	1.18B YoY-37.7%	1.89B
Long-term debt repaid	0.00	0.00	0.00	0.00 YoY-100.0%	3.62B YoY+308.7%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	2.59B YoY+1639.6%	149M	0.00	0.00	0.00
Dividends paid	174M YoY+295.5%	44.0M	0.00	0.00	0.00
FX effect on cash	-3.00M YoY-150.0%	6.00M YoY+160.0%	-10.0M YoY-11.1%	-9.00M YoY+30.8%	-13.0M YoY-316.7%
Net change in cash	-535M YoY-327.7%	235M YoY+263.2%	-144M YoY+52.6%	-304M YoY+70.9%	-1.04B YoY-423.9%
Interest paid	169M YoY-54.0%	367M YoY-7.3%	396M YoY+34.7%	294M YoY+20.0%	245M YoY-13.4%
Income taxes paid	734M YoY-7.0%	789M YoY-14.2%	920M YoY+419.8%	177M YoY-58.2%	423M YoY+21.6%
Valuation Ratios	as ofJul 3 ’26	as ofJun 27 ’25	as ofJun 28 ’24	as ofJun 30 ’23	as ofJul 1 ’22
Market cap	186B YoY+746.1%	22.0B YoY+11.6%	19.7B YoY+113.1%	9.23B YoY-10.6%	10.3B YoY-37.0%
P/E	28.5× YoY+145.5%	11.6×	—	—	6.7× YoY-66.5%
P/S	15.8× YoY+584.0%	2.3× YoY-25.9%	3.1× YoY+111.0%	1.5× YoY+168.6%	0.5× YoY-43.3%
P/B	19.2× YoY+364.2%	4.1× YoY+127.4%	1.8× YoY+116.0%	0.8× YoY+0.5%	0.8× YoY-44.8%
P/FCF	64.0× YoY+272.5%	17.2×	—	—	13.6× YoY-37.5%
	3.5% YoY-59.3%	8.6%	—	—	15.0% YoY+198.9%
	1.6% YoY-73.2%	5.8%	—	—	7.3% YoY+60.0%
	0.09% YoY-41.3%	0.16%	—	—	0.00%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: WDC's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all WDC filings on SEC EDGAR → Not investment advice.