Filing Flows › Western Digital (WDC) › Q4 FY25
Western Digital (WDC) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Aug 14, 2025
Western Digital (WDC) reported revenue of $2.6B for the fourth quarter fiscal 2025 (Q4 FY25), +30% from a year earlier and +14% from the quarter before. Operating margin was 26.1%, net earnings $282M (10.8% of revenue).
Western Digital, Q4 FY25: revenue $2.6B (+30% year over year), operating margin 26.1%, net earnings $282M, operating cash flow $746M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6B | +14% | +30% |
| Gross profit | $1.1B | +17% | +53% |
| Operating profit | $680M | -11% | — |
| Net earnings | $282M | -46% | +623% |
| Operating cash flow | $746M | +47% | +104% |
| Free cash flow | $675M | +78% | +170% |
What changed
Revenue was $2.6B in Q4 FY25, up 30% year over year and up 14% from the previous quarter. Cloud was the largest line at 89% of revenue.
Gross margin was 41.0%, up 6.2 points from a year earlier. Operating profit was $0.68B, a 26.1% margin (up 30.6 points year over year). Operating expenses fell 51% while revenue rose 30%. Net earnings were $0.28B, up 623% year over year. The effective tax rate was 25.2%.
Operating cash flow was $0.75B (up 104% year over year), 265% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items added $0.33B. Capital expenditures of $0.07B left free cash flow of $0.68B.
Questions
What was Western Digital's revenue in the fourth quarter fiscal 2025?
Western Digital (WDC) reported revenue of $2.6B for the fourth quarter fiscal 2025 (Q4 FY25), +30% from a year earlier and +14% from the quarter before.
Was Western Digital profitable in the fourth quarter fiscal 2025?
Operating profit was $680M (26.1% of revenue) and net earnings $282M.
Source: Western Digital 10-K on SEC EDGAR.