Form 8-K · Current report
Western Digital 8-K, filed Oct 22, 2026
- Filed
- CIK
- 0000106040
- Accession no.
- 0001628280-26-066882
Summary
Western Digital reported fiscal first-quarter 2027 revenue of $4.38 billion, up 55% year over year, with GAAP diluted EPS of $4.63, and said it expects fiscal second-quarter revenue of about $5.1 billion, up 66% to 72% year over year. The company raised its quarterly cash dividend 17% to $0.175 per share, payable December 17, 2026 to stockholders of record as of December 4, 2026.
Key points
- Fiscal first-quarter 2027, ended October 2, 2026, produced GAAP gross margin of 57.8%, non-GAAP gross margin of 58.1%, and non-GAAP diluted EPS of $4.64.
- Cash flow from operations was $1.60 billion and free cash flow was $1.38 billion in the quarter.
- Chief executive Irving Tan attributed the results to customer demand and execution, and said the dividend increase reflects confidence in the business.
- Chief financial officer Kris Sennesael cited exabyte growth and improved pricing, and guided to second-quarter non-GAAP gross margin of 60.5% and non-GAAP EPS of $5.80.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On October 22, 2026, Western Digital Corporation (the “Company”) announced financial results for the first quarter of fiscal 2027, ended October 2, 2026. A copy of the press release making this announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any…
An excerpt of the text as filed with the SEC, cut for length.
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