WDC Q3 2021 Earnings — Western Digital Corporation Revenue & Financial Results | Market Cap Arena

WDCWestern Digital Corporation

$91B

Q3 2021 Earnings

Technology Computer Hardware

Income Statement

Revenue

$4.1B-0.9% YoY

Gross Profit

$1.1B26.4% margin

Operating Income

$317M7.7% margin

Net Income

$197M4.8% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$116M

Free Cash Flow

-$46M

Stock-Based Comp.

$83M

Balance Sheet

Total Assets

$25.4B

Total Liabilities

$15.5B

Stockholders' Equity

$9.9B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.1B	$4.2B	-0.9%
Gross Profit	$1.1B	$1.0B	+8.6%
Operating Income	$317M	$153M	+107.2%
Net Income	$197M	$17M	+1058.8%

Revenue Segments

Client Devices

$2.9B70%

Data Center Devices & Solutions

$1.2B30%

Geographic Segments

Asia

$2.2B54%

Americas

$1.0B24%

Europe Middle East And Africa

$913M22%