WDC Q4 2022 Earnings — Western Digital Corporation Revenue & Financial Results | Market Cap Arena

WDCWestern Digital Corporation

$91B

Q4 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$4.5B-8.0% YoY

Gross Profit

$1.4B31.9% margin

Operating Income

$562M12.4% margin

Net Income

$301M6.6% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

$295M

Free Cash Flow

$17M

Stock-Based Comp.

$77M

Balance Sheet

Total Assets

$26.3B

Total Liabilities

$14.0B

Stockholders' Equity

$12.2B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.5B	$4.9B	-8.0%
Gross Profit	$1.4B	$1.6B	-7.7%
Operating Income	$562M	$675M	-16.7%
Net Income	$301M	$622M	-51.6%

Revenue Segments

Cloud

$2.1B46%

Client Devices

$1.6B36%

Retail Products

$793M18%

Geographic Segments

Asia

$2.4B58%

Americas

$1.0B25%

Europe Middle East And Africa

$690M17%