Western Digital Corp
NASDAQ:WDC
Income Statement
Earnings Waterfall
Western Digital Corp
Revenue
|
11.3B
USD
|
Cost of Revenue
|
-10.3B
USD
|
Gross Profit
|
969m
USD
|
Operating Expenses
|
-2.7B
USD
|
Operating Income
|
-1.8B
USD
|
Other Expenses
|
-558m
USD
|
Net Income
|
-2.3B
USD
|
Income Statement
Western Digital Corp
Dec-2013 | Mar-2014 | Jun-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Dec-2021 | Apr-2022 | Jul-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
15 268
N/A
|
15 207
0%
|
15 130
-1%
|
15 269
+1%
|
15 185
-1%
|
15 032
-1%
|
14 572
-3%
|
13 989
-4%
|
13 418
-4%
|
12 690
-5%
|
12 994
+2%
|
14 348
+10%
|
15 919
+11%
|
17 746
+11%
|
19 093
+8%
|
19 560
+2%
|
20 008
+2%
|
20 372
+2%
|
20 647
+1%
|
20 494
-1%
|
19 391
-5%
|
18 052
-7%
|
16 569
-8%
|
15 581
-6%
|
15 582
+0%
|
16 083
+3%
|
16 736
+4%
|
16 618
-1%
|
16 327
-2%
|
16 289
0%
|
16 922
+4%
|
18 051
+7%
|
18 941
+5%
|
19 185
+1%
|
18 793
-2%
|
17 478
-7%
|
15 752
-10%
|
14 174
-10%
|
12 318
-13%
|
11 332
-8%
|
11 257
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(10 902)
|
(10 826)
|
(10 770)
|
(10 817)
|
(10 779)
|
(10 670)
|
(10 351)
|
(9 962)
|
(9 595)
|
(9 146)
|
(9 559)
|
(10 533)
|
(11 477)
|
(12 534)
|
(13 021)
|
(12 910)
|
(12 878)
|
(12 838)
|
(12 942)
|
(13 038)
|
(12 904)
|
(12 913)
|
(12 672)
|
(12 667)
|
(12 777)
|
(12 852)
|
(12 887)
|
(12 693)
|
(12 389)
|
(12 232)
|
(12 349)
|
(12 659)
|
(12 844)
|
(12 776)
|
(12 471)
|
(11 896)
|
(11 295)
|
(10 867)
|
(10 431)
|
(10 327)
|
(10 288)
|
|
Gross Profit |
4 366
N/A
|
4 381
+0%
|
4 360
0%
|
4 452
+2%
|
4 406
-1%
|
4 362
-1%
|
4 221
-3%
|
4 027
-5%
|
3 823
-5%
|
3 544
-7%
|
3 435
-3%
|
3 815
+11%
|
4 442
+16%
|
5 212
+17%
|
6 072
+17%
|
6 650
+10%
|
7 130
+7%
|
7 534
+6%
|
7 705
+2%
|
7 456
-3%
|
6 487
-13%
|
5 139
-21%
|
3 897
-24%
|
2 914
-25%
|
2 805
-4%
|
3 231
+15%
|
3 849
+19%
|
3 925
+2%
|
3 938
+0%
|
4 057
+3%
|
4 573
+13%
|
5 392
+18%
|
6 097
+13%
|
6 409
+5%
|
6 322
-1%
|
5 582
-12%
|
4 457
-20%
|
3 307
-26%
|
1 887
-43%
|
1 005
-47%
|
969
-4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 338)
|
(2 376)
|
(2 422)
|
(2 529)
|
(2 477)
|
(2 459)
|
(2 419)
|
(2 339)
|
(2 345)
|
(2 269)
|
(2 624)
|
(3 082)
|
(3 429)
|
(3 863)
|
(3 883)
|
(3 807)
|
(3 874)
|
(3 893)
|
(3 875)
|
(3 849)
|
(3 687)
|
(3 606)
|
(3 499)
|
(3 446)
|
(3 474)
|
(3 421)
|
(3 414)
|
(3 346)
|
(3 270)
|
(3 268)
|
(3 348)
|
(3 406)
|
(3 460)
|
(3 471)
|
(3 440)
|
(3 370)
|
(3 289)
|
(3 154)
|
(2 979)
|
(2 818)
|
(2 723)
|
|
Selling, General & Administrative |
(723)
|
(739)
|
(761)
|
(845)
|
(783)
|
(781)
|
(773)
|
(745)
|
(788)
|
(755)
|
(997)
|
(1 201)
|
(1 352)
|
(1 532)
|
(1 445)
|
(1 413)
|
(1 436)
|
(1 466)
|
(1 473)
|
(1 465)
|
(1 393)
|
(1 370)
|
(1 317)
|
(1 266)
|
(1 255)
|
(1 183)
|
(1 153)
|
(1 104)
|
(1 071)
|
(1 077)
|
(1 105)
|
(1 140)
|
(1 154)
|
(1 148)
|
(1 117)
|
(1 073)
|
(1 044)
|
(1 005)
|
(970)
|
(930)
|
(878)
|
|
Research & Development |
(1 615)
|
(1 637)
|
(1 661)
|
(1 684)
|
(1 694)
|
(1 678)
|
(1 646)
|
(1 594)
|
(1 557)
|
(1 514)
|
(1 613)
|
(1 881)
|
(2 077)
|
(2 331)
|
(2 438)
|
(2 394)
|
(2 438)
|
(2 427)
|
(2 402)
|
(2 384)
|
(2 294)
|
(2 236)
|
(2 182)
|
(2 180)
|
(2 219)
|
(2 238)
|
(2 261)
|
(2 242)
|
(2 199)
|
(2 191)
|
(2 243)
|
(2 266)
|
(2 306)
|
(2 323)
|
(2 323)
|
(2 297)
|
(2 245)
|
(2 149)
|
(2 009)
|
(1 888)
|
(1 809)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(36)
|
|
Operating Income |
2 028
N/A
|
2 005
-1%
|
1 938
-3%
|
1 923
-1%
|
1 929
+0%
|
1 903
-1%
|
1 802
-5%
|
1 688
-6%
|
1 478
-12%
|
1 275
-14%
|
811
-36%
|
733
-10%
|
1 013
+38%
|
1 349
+33%
|
2 189
+62%
|
2 843
+30%
|
3 256
+15%
|
3 641
+12%
|
3 830
+5%
|
3 607
-6%
|
2 800
-22%
|
1 533
-45%
|
398
-74%
|
(532)
N/A
|
(669)
-26%
|
(190)
+72%
|
435
N/A
|
579
+33%
|
668
+15%
|
789
+18%
|
1 225
+55%
|
1 986
+62%
|
2 637
+33%
|
2 938
+11%
|
2 882
-2%
|
2 212
-23%
|
1 168
-47%
|
153
-87%
|
(1 092)
N/A
|
(1 813)
-66%
|
(1 754)
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(41)
|
(43)
|
(39)
|
(38)
|
(35)
|
(31)
|
(34)
|
(33)
|
(32)
|
(31)
|
(240)
|
(735)
|
(928)
|
(1 118)
|
(824)
|
(779)
|
(762)
|
(708)
|
(614)
|
(528)
|
(448)
|
(409)
|
(412)
|
(421)
|
(415)
|
(403)
|
(385)
|
(357)
|
(339)
|
(325)
|
(319)
|
(313)
|
(309)
|
(304)
|
(298)
|
(290)
|
(285)
|
(281)
|
(288)
|
(310)
|
(336)
|
|
Non-Reccuring Items |
(812)
|
(787)
|
(147)
|
(205)
|
(223)
|
(195)
|
(191)
|
(224)
|
(229)
|
(359)
|
(345)
|
(357)
|
(343)
|
(242)
|
(232)
|
(216)
|
(219)
|
(215)
|
(215)
|
(209)
|
(181)
|
(222)
|
(311)
|
(196)
|
(185)
|
(117)
|
(100)
|
(45)
|
(26)
|
17
|
(5)
|
(58)
|
(140)
|
(434)
|
(491)
|
(441)
|
(445)
|
(226)
|
(193)
|
(226)
|
(174)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(73)
|
(73)
|
(97)
|
(120)
|
(364)
|
(98)
|
(72)
|
(947)
|
(916)
|
(912)
|
(906)
|
14
|
38
|
42
|
41
|
5
|
4
|
11
|
10
|
35
|
26
|
19
|
7
|
8
|
30
|
22
|
34
|
35
|
13
|
23
|
64
|
|
Pre-Tax Income |
1 175
N/A
|
1 175
N/A
|
1 752
+49%
|
1 680
-4%
|
1 671
-1%
|
1 677
+0%
|
1 577
-6%
|
1 431
-9%
|
1 217
-15%
|
885
-27%
|
153
-83%
|
(432)
N/A
|
(355)
+18%
|
(131)
+63%
|
769
N/A
|
1 750
+128%
|
2 203
+26%
|
1 771
-20%
|
2 085
+18%
|
1 958
-6%
|
1 265
-35%
|
916
-28%
|
(287)
N/A
|
(1 107)
-286%
|
(1 228)
-11%
|
(705)
+43%
|
(46)
+93%
|
188
N/A
|
313
+66%
|
516
+65%
|
927
+80%
|
1 634
+76%
|
2 195
+34%
|
2 208
+1%
|
2 123
-4%
|
1 503
-29%
|
472
-69%
|
(319)
N/A
|
(1 560)
-389%
|
(2 326)
-49%
|
(2 200)
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(124)
|
(140)
|
(135)
|
(135)
|
(118)
|
(115)
|
(112)
|
(106)
|
(79)
|
(57)
|
89
|
25
|
(68)
|
(118)
|
(372)
|
(306)
|
(245)
|
9
|
95
|
0
|
(313)
|
(686)
|
(348)
|
(263)
|
(24)
|
122
|
(204)
|
(222)
|
(146)
|
(169)
|
(106)
|
(143)
|
(202)
|
(387)
|
(623)
|
(586)
|
(565)
|
(371)
|
(146)
|
(92)
|
(59)
|
|
Income from Continuing Operations |
1 051
|
1 035
|
1 617
|
1 545
|
1 553
|
1 562
|
1 465
|
1 325
|
1 138
|
828
|
242
|
(407)
|
(423)
|
(249)
|
397
|
1 444
|
1 958
|
1 780
|
2 180
|
1 958
|
952
|
230
|
(635)
|
(1 370)
|
(1 252)
|
(583)
|
(250)
|
(34)
|
167
|
347
|
821
|
1 491
|
1 993
|
1 821
|
1 500
|
917
|
(93)
|
(690)
|
(1 706)
|
(2 418)
|
(2 259)
|
|
Net Income (Common) |
1 051
N/A
|
1 035
-2%
|
1 617
+56%
|
1 545
-4%
|
1 553
+1%
|
1 562
+1%
|
1 465
-6%
|
1 325
-10%
|
1 138
-14%
|
828
-27%
|
242
-71%
|
(407)
N/A
|
(423)
-4%
|
(249)
+41%
|
397
N/A
|
1 444
+264%
|
386
-73%
|
199
-48%
|
675
+239%
|
505
-25%
|
841
+67%
|
199
-76%
|
(754)
N/A
|
(1 541)
-104%
|
(1 193)
+23%
|
(595)
+50%
|
(250)
+58%
|
(34)
+86%
|
167
N/A
|
347
+108%
|
821
+137%
|
1 491
+82%
|
1 993
+34%
|
1 821
-9%
|
1 500
-18%
|
917
-39%
|
(93)
N/A
|
(699)
-652%
|
(1 730)
-147%
|
(2 457)
-42%
|
(2 312)
+6%
|
|
EPS (Diluted) |
4.31
N/A
|
4.26
-1%
|
6.68
+57%
|
6.43
-4%
|
6.52
+1%
|
6.61
+1%
|
6.18
-7%
|
5.66
-8%
|
4.85
-14%
|
3.54
-27%
|
1
-72%
|
-1.42
N/A
|
-1.43
-1%
|
-0.83
+42%
|
1.34
N/A
|
4.71
+251%
|
1.3
-72%
|
0.64
-51%
|
2.19
+242%
|
1.69
-23%
|
2.9
+72%
|
0.68
-77%
|
-2.58
N/A
|
-5.2
-102%
|
-4
+23%
|
-1.97
+51%
|
-0.84
+57%
|
-0.11
+87%
|
0.56
N/A
|
1.1
+96%
|
2.66
+142%
|
4.71
+77%
|
6.34
+35%
|
5.76
-9%
|
4.75
-18%
|
2.87
-40%
|
-0.29
N/A
|
-2.19
-655%
|
-5.44
-148%
|
-7.6
-40%
|
-7.11
+6%
|