Form 10-K · Annual report
Western Digital 10-K, filed Aug 14, 2026
- Filed
- CIK
- 0000106040
- Accession no.
- 0001628280-26-057139
Summary
Western Digital reported substantial growth in net revenue and gross profit in 2026 compared to 2025, driven primarily by strong demand across all end markets, especially in the Cloud sector. The company also reported a significant increase in total net interest and other income, mainly due to a large mark-to-market gain on its retained interest in Sandisk.
Key points
- Net revenue increased by 36% in 2026 compared to 2025, reaching $12.919 billion.
- Cloud revenue represented 89% of the total net revenue in 2026.
- Gross profit increased by $2.62 billion in 2026 compared to 2025, and gross margin rose by 10.1 percentage points.
- Net cash provided by operating activities increased significantly in 2026 to $3.929 billion.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 7. Management’s Discussion Results of Operations Information provided herein is presented on a continuing operations basis to reflect the impact of the Separation. See Part II, Item 8, Note 4, Discontinued Operations, of the Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K for additional information regarding the Separation. Summary Comparison of 2026, 2025 and 2024 The following table sets forth, for the periods presented, selected summary information from our Consolidated Statements of Operations by dollars and percentage of net revenue(1): 2026 2025 2024 (in millions, except percentages) Revenue, net $ 12,919 100.0 % $ 9,520 100.0 % $ 6,317…
An excerpt of the text as filed with the SEC, cut for length.
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