WDC Q1 2021 Earnings — Western Digital Corporation Revenue & Financial Results | Market Cap Arena

WDCWestern Digital Corporation

$94B

Q1 2021 Earnings

Technology Computer Hardware

Income Statement

Revenue

$3.9B-2.9% YoY

Gross Profit

$904M23.0% margin

Operating Income

$70M1.8% margin

Net Income

-$60M-1.5% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

-8.5%

Cash Flow

Operating Cash Flow

$363M

Free Cash Flow

$33M

Stock-Based Comp.

$76M

Balance Sheet

Total Assets

$25.4B

Total Liabilities

$15.8B

Stockholders' Equity

$9.6B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.9B	$4.0B	-2.9%
Gross Profit	$904M	$758M	+19.3%
Operating Income	$70M	-$129M	+154.3%
Net Income	-$60M	-$276M	+78.3%

Revenue Segments

Client Devices

$2.8B71%

Data Center Devices & Solutions

$1.1B29%

Geographic Segments

Asia

$2.2B56%

Americas

$1.1B28%

Europe Middle East And Africa

$629M16%