WDC Q2 2024 Earnings — Western Digital Corporation Revenue & Financial Results | Market Cap Arena

WDCWestern Digital Corporation

$94B

Q2 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$3.0B-2.4% YoY

Gross Profit

$492M16.2% margin

Operating Income

-$210M-6.9% margin

Net Income

-$287M-9.5% margin

EPS (Diluted)

$-0.93

QoQ Revenue Growth

+10.3%

Cash Flow

Operating Cash Flow

-$92M

Free Cash Flow

-$242M

Stock-Based Comp.

$72M

Balance Sheet

Total Assets

$24.4B

Total Liabilities

$14.3B

Stockholders' Equity

$10.1B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.1B	-2.4%
Gross Profit	$492M	$528M	-6.8%
Operating Income	-$210M	-$321M	+34.6%
Net Income	-$287M	-$451M	+36.4%

Revenue Segments

Client Devices

$1.1B37%

Cloud

$1.1B35%

Retail Products

$839M28%

Geographic Segments

Asia

$1.7B56%

Americas

$804M27%

Europe Middle East And Africa

$529M17%