Western Digital has unveiled its annual report for the fiscal year 2026 (spanning from June 28, 2025, to July 3, 2026) alongside its financial report for the fourth fiscal quarter (from April 4, 2026, to July 3, 2026). The reports reveal that in fiscal year 2026, the company achieved a total operating revenue of US$12.919 billion, representing a 36% year-on-year increase. The net profit attributable to the parent company soared to US$9.298 billion, marking a significant 481% year-on-year leap. Additionally, the gross profit margin climbed to 48.9%, up by 10.1 percentage points from the previous year, while the asset-liability ratio decreased to 36.21%, a notable 24.15 percentage points lower than the previous year. In the fourth fiscal quarter, the company's total operating revenue reached US$3.747 billion, a 44% year-on-year rise. The net profit attributable to the parent company skyrocketed to US$3.195 billion, showing a sharp 1215% year-on-year increase. The gross profit margin was as high as 54.1%, an increase of 13.1 percentage points year-on-year. Western Digital's financial report indicates that both its revenue and net profit attributable to the parent company surpassed market expectations. In response, the company announced a cash dividend of US$0.15 per share. Meanwhile, Western Digital anticipates that its revenue in the first fiscal quarter of fiscal year 2027 will experience a year-on-year increase of 42% to 49%, with a midpoint expectation of US$4.1 billion. It also expects a Non-GAAP gross profit margin of 55.5% and Non-GAAP earnings per share of US$4.
