Western Digital Corporation
WDCNasdaqOther · Computer Storage Devices · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $2.29B | $1.75B | $6.25B | $18.79B | $16.92B | $16.74B |
| Operating income | $2.33B | −$403.0M | −$548.0M | $2.39B | $1.22B | $335.0M |
| Net income | $520.0M | $135.0M | −$1.68B | $1.55B | $821.0M | −$250.0M |
| Total assets | $14.00B | $24.19B | $24.55B | $26.26B | $26.13B | $25.66B |
| Total liabilities | $8.46B | $13.14B | $12.71B | $14.04B | $15.41B | $16.11B |
| Equity | $5.31B | $10.82B | $10.96B | $12.32B | $10.80B | $9.55B |
| EPS (diluted) | $1.42 | $0.35 | $-5.37 | $4.89 | $2.66 | $-0.84 |
| Shares out. | 346.9M | 343.5M | 321.9M | 314.5M | 308.7M | 302.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 101.7%
- Net margin
- 22.7%
- Return on equity
- 9.8%
- Return on assets
- 3.7%
- Return on capital (ROCE)
- 27.2%
- Liabilities / assets
- 60.4%
- Debt / equity
- 1.59×
- Book value / share
- $15.31
- Revenue growth (YoY)
- 30.9%
- Net income growth (YoY)
- 285.2%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 2.16grey zone
- Accruals / assets
- −8.4%clean
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 1 warning● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Altman Z″ in the grey zone
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Feb 8, 2024
- NT 11-Kmissed a reporting deadline ↗Jun 29, 2020
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 29.8M | 3.5 | +2.1% |
| Apr 30, 2026 | 29.1M | 4.2 | +8.9% |
| Apr 15, 2026 | 26.8M | 3.6 | +0.4% |
| Mar 31, 2026 | 26.7M | 2.8 | -3.3% |
| Mar 13, 2026 | 27.6M | 3.5 | -7.8% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Regulation FD disclosureMay 28, 2026
- Results of operationsApr 30, 2026
- Amended charter or bylaws · Other material eventFeb 24, 2026
- Modified shareholder rightsFeb 18, 2026
- Other material eventFeb 9, 2026
- Results of operationsJan 29, 2026
- Director / officer change · Shareholder voteNov 24, 2025
- Director / officer changeNov 3, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 144Jun 1, 2026
- SDJun 1, 2026
- 4PRIMARY DOCUMENTMay 29, 2026
- 144May 28, 2026
- 4PRIMARY DOCUMENTMay 28, 2026
- 3PRIMARY DOCUMENTMay 28, 2026
- 8-KMay 28, 2026
- 4PRIMARY DOCUMENTMay 27, 2026
- 4PRIMARY DOCUMENTMay 27, 2026
- 4PRIMARY DOCUMENTMay 27, 2026
- 4PRIMARY DOCUMENTMay 27, 2026
- 144May 27, 2026
- 4PRIMARY DOCUMENTMay 22, 2026
- 4PRIMARY DOCUMENTMay 22, 2026
- 4PRIMARY DOCUMENTMay 22, 2026
Corporate family
Spin-offs from Western Digital Corporation (1)
- Sandisk CorpSNDKcompletedFeb 21, 2025details
From the spin-off filings we track. Follow a company to walk its own history.