Western Digital Corp

WDC: XNAS (USA)

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Western Digital Earnings: AI Drives Excellent Demand and Pricing Environment for HDDs

Eric Compton

Oct 31, 2025

Western Digital's first-quarter fiscal 2026 revenue grew 27% year over year to $2.8 billion, 89% of which were cloud-related sales. Non-GAAP gross margin expanded 660 basis points year over year to 43.9% while non-GAAP operating margins expanded 1,200 basis points to 30.4%.

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Western Digital Corp

Western Digital Earnings: AI Drives Excellent Demand and Pricing Environment for HDDs

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