--- title: "Western Digital: Metrics Guide" description: "Western Digital revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/western-digital/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Western Digital: Financial & Operating Metrics Guide ## Direct Answer Western Digital reported revenue of $9.5 billion for the fiscal year ended June 27, 2025, with an operating margin of 24.5% and net income of $1.6 billion, according to its SEC filings. Revenue grew 50.7% from the prior year. ## What Are Western Digital's Key Financial Figures? | Fiscal year | FY2025ended June 27, 2025 | FY2024ended June 28, 2024 | | --- | --- | --- | | Revenue | $9.5 billion | $6.3 billion | | Operating income | $2.3 billion | -$403 million | | Operating margin | 24.5% | -6.4% | | Net income | $1.6 billion | -$765 million | | Net margin | 17.3% | -12.1% | | Operating cash flow | $1.7 billion | -$294 million | | Capital expenditures | $412 million | $487 million | | Free cash flow | $1.3 billion | -$781 million | Operating margin widened by 30.9 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $1.3 billion against net income of $1.6 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement. ![Bar chart of Western Digital revenue, operating income, net income for fiscal 2024 to 2025. In fiscal 2025, revenue was $9.5 billion, operating income $2.3 billion and net income $1.6 billion.](https://www.getswoopr.com/images/charts/western-digital-metrics-revenue-profit.webp) *Western Digital revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Western Digital operating margin and net margin for fiscal 2024 to 2025. In fiscal 2025, operating margin was 24.5% and net margin was 17.3%.](https://www.getswoopr.com/images/charts/western-digital-metrics-margins.webp) *Western Digital operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Western Digital operating cash flow, capital expenditures, free cash flow for fiscal 2024 to 2025. In fiscal 2025, operating cash flow was $1.7 billion, capital expenditures was $412 million, free cash flow was $1.3 billion.](https://www.getswoopr.com/images/charts/western-digital-metrics-cash-flow.webp) *Western Digital operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Western Digital's Balance Sheet Show? | Cash and cash equivalents | $2.1 billion | | --- | --- | | Long-term debt | $2.5 billion | | Total assets | $14.0 billion | | Total liabilities | $8.5 billion | | Shareholders' equity | $5.3 billion | | Current ratio | 1.1x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Western Digital reported in its own SEC filings, read from the SEC's XBRL data (accession 0001628280-26-057139 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Western Digital's revenue in fiscal 2025? Western Digital reported revenue of $9.5 billion for the fiscal year ended June 27, 2025, according to its SEC filings. ### What is Western Digital's operating margin? Western Digital's operating margin was 24.5% in fiscal 2025: operating income of $2.3 billion on revenue of $9.5 billion. ### How much free cash flow did Western Digital generate? Operating cash flow of $1.7 billion less capital expenditures of $412 million gives free cash flow of $1.3 billion for fiscal 2025. ## References - [SEC EDGAR: WESTERN DIGITAL CORP Form 10-K filed August 14, 2026](https://www.sec.gov/Archives/edgar/data/106040/000162828026057139/wdc-20260703.htm) - [SEC EDGAR: WESTERN DIGITAL CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=106040&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Western Digital company dossier](https://www.getswoopr.com/stocks/companies/western-digital/) - [Western Digital financial metrics](https://www.getswoopr.com/stocks/companies/western-digital/metrics/) - [Western Digital financial risk indicators](https://www.getswoopr.com/stocks/companies/western-digital/risks/) - [Western Digital peer comparison](https://www.getswoopr.com/stocks/companies/western-digital/competitors/) - [Western Digital business model and revenue mix](https://www.getswoopr.com/stocks/companies/western-digital/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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