The Tip Desk

WESTERN DIGITAL CORP

Company Stats

Market Cap
$163.9B
as of Sep 30, 2026
Enterprise Value
$163.3B
Shares Outstanding
374.3M
Free Float
98.0%

Income Statement

Revenue
$12.9B
Operating Income
$4.5B
Net Income
$9.4B
EBITDA
$4.8B
Revenue Growth, 3Y
27.4%
FCF Margin, 3Y Avg
9.4%
FCF Margin, Worst Year
-12.4%

Cash Flow

Free Cash Flow
$3.5B
FCF Yield
2.1%
Owner FCF Yield
2.0%

Balance Sheet

Cash & Equivalents
$1.6B
Total Debt
$1.1B
Net Cash
$519.0M
EV / EBITDA
33.83x

Returns & Capital

Dividends Paid
$174.0M
Dividend Yield
0.1%
Share Repurchases
$2.6B
Buyback Yield, 3Y Avg
0.6%
SBC, 3Y Avg
$254.7M

Cash Flow by Year

YearRevenueFCFMargin
FY2026$12.9B$3.5B27.2%
FY2025$9.5B$1.3B13.4%
FY2024$6.3B-$781.0M-12.4%
FY2023$6.3B-$1.2B-19.6%
FY2022$18.8B$758.0M4.0%

Annual filing data through FY ended July 3, 2026; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage