Western Digital Corp. today reported fiscal fourth quarter and fiscal year 2025 financial results for the period ended June 27, 2025.

Q4FY25 Highlights:

• Revenue of $2.61 billion, up 30% year over year
• GAAP diluted EPS of $0.67 and non-GAAP diluted EPS of $1.66
• Cash flow from operations of $746 million; free cash flow of $675 million
• Fiscal year 2025 revenue of $9.52 billion, up 51% year over year.
• Q1FY26 revenue expected to be up 22% year over year at mid-point

"Western Digital executed well in its fiscal fourth quarter, achieving revenue and gross margin above the high end of our guidance range while delivering strong free cash flow. In addition, during the quarter, we reduced debt by $2.6 billion, initiated a cash dividend, and announced the authorization of a $2.0 billion share repurchase program, reflecting our confidence in the long-term cash generating capability of our business," said Irving Tan, CEO of Western Digital. "We are confident that HDDs will continue to remain the foundation of the world's data infrastructure, delivering unmatched value for mass storage in an AI-driven future."Q4FY25 Financial HighlightsFiscal Year 2025 Financial HighlightsBusiness Outlook for Fiscal First Quarter of 2026
"We continue to see strong momentum in our business driven by Cloud, our largest addressable market. For our fiscal first quarter of 2026, at the mid-point of the ranges provided in the table below, we expect revenues of $2.7 billion, non-GAAP gross margin of 41.5%, with non-GAAP EPS of $1.54," said Kris Sennesael, CFO of Western Digital.Dividend
Western Digital's Board of Directors declared a cash dividend of $0.10 per share of the company's common stock, which will be paid on September 18, 2025 to stockholders of record as of the close of business on September 4, 2025.

Western Digital's Fiscal Fourth Quarter 2025 Conference Call
Western Digital will host a conference call to discuss its fiscal fourth quarter 2025 results and business outlook for the fiscal first quarter of 2026 today at 1:30 p.m. Pacific / 4:30 p.m. Eastern. The live and archived conference call and the earnings presentation can be accessed online at investor.wdc.com.