Western Digital Q4 earnings reach $31.95 billion, HDD business profitability increases
Article excerpt
Highlighted: the sentence this signal was extracted from
The profit from a hard drive suddenly became like that of an AI chip. Western Digital, a U.S.-based storage company, reported revenue of $3.747 billion in its latest FY2026 Q4 earnings press release. On a GAAP basis, earnings per share amounted to $8.21. According to the company's announcement, the revaluation gain from its stake in SanDisk was also included in the income statement. This creates two ways to interpret Western Digital's results. First, its core HDD business, following the spin-off of its flash memory division, is selling more and becoming more profitable. Second, its retained stake in SanDisk fluctuates with market value, pushing GAAP profits to a level that doesn't accurately reflect the performance of its HDD business. Let's start with the most basic question: Is this growth limited to just one quarter? According to Western Digital's FY2026 Q4 earnings press release and its prior Form 10-Q, the revenue trajectory from FY2025 Q4 to FY2026 Q4 showed no downward turn. Revenue rose steadily from $2.605 billion to $3.747 billion, forming a continuous upward trend across five consecutive actual quarters. This line is worth connecting because the reporting口径 has changed. Western Digital completed the spin-off of its flash memory business in February 2025, and SanDisk is no longer included in continuing operations. The latest earnings press release has also restated...
Keep reading with a free account
The rest of this article, and every signal for Western Digital, is in your free account.
