Western Digital shares fall 5% despite 55% quarterly revenue growth
U.S. data storage technology company Western Digital (NASDAQ: WDC) officially released its fiscal first-quarter 2027 financial results after the U.S.
Western Digital Q1 FY2027 earnings
| Financial metric | Actual | Market estimate |
|---|---|---|
| Revenue | $4.381 billion | $4.14 billion |
| Revenue growth | +55% YoY | — |
| Net income (GAAP) | $1.779 billion | Not verified |
| Prior-year net income (GAAP) | $1.182 billion | — |
| Net income growth | Approximately +50.5% YoY | — |
| Diluted EPS (GAAP) | $4.63 | Comparable consensus not verified |
| Adjusted EPS (non-GAAP) | $4.64 | $4.11 |
| Prior-year adjusted EPS | $1.78 | — |
| Adjusted EPS growth | +161% YoY | — |
| Operating income (GAAP) | $2.046 billion | — |
| Operating income growth | +158% YoY | — |
| Adjusted operating income | $2.153 billion | — |
| Gross margin (GAAP) | 57.8% | — |
| Adjusted gross margin | 58.1% | — |
| Operating margin (GAAP) | 46.7% | — |
| Adjusted operating margin | 49.1% | — |
| Operating cash flow | $1.604 billion | — |
| Free cash flow | $1.377 billion | — |
| Q2 FY2027 revenue guidance | $5.0–$5.2 billion | Approximately $4.57 billion |
| Q2 FY2027 adjusted EPS guidance | $5.60–$6.00 | Not verified |
| Q2 FY2027 adjusted gross margin guidance | 60%–61% | — |
| Quarterly dividend per share | $0.175 | — |
| Dividend increase | +17% | — |
| Stock reaction (October 22, after-hours ET) | Approximately -4.85% | — |
| After-hours share price | $337.01 | — |
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