WDC Q2 2022 Earnings — Western Digital Corporation Revenue & Financial Results | Market Cap Arena

WDCWestern Digital Corporation

$94B

Q2 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$4.8B+22.6% YoY

Gross Profit

$1.6B32.8% margin

Operating Income

$727M15.0% margin

Net Income

$564M11.7% margin

EPS (Diluted)

$1.79

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$666M

Free Cash Flow

$372M

Stock-Based Comp.

$87M

Balance Sheet

Total Assets

$26.0B

Total Liabilities

$14.0B

Stockholders' Equity

$12.0B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.8B	$3.9B	+22.6%
Gross Profit	$1.6B	$960M	+64.9%
Operating Income	$727M	$158M	+360.1%
Net Income	$564M	$62M	+809.7%

Revenue Segments

Cloud

$1.9B40%

Client Devices

$1.9B38%

Retail Products

$1.1B22%

Geographic Segments

Asia

$2.6B54%

Americas

$1.4B29%

Europe Middle East And Africa

$816M17%