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Western Digital WDC Operating Lease Liabilities

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Other financials

Income statement

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Revenue$3.7B+43.8%
Gross profit$2.0B+90.1%
Operating income$1.6B+130%
Net income$3.2B+1,033%
EPS (diluted)$8.21+995%

Balance sheet

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Cash & equivalents$1.6B-25.3%
Total debt$1.1B-78.3%
Total equity$8.9B+66.9%
Total assets$13.9B-1.0%

Cash flow

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Operating cash flow$672.0M+1,876%
CapEx$73.0M-24.0%
Free cash flow$599.0M+1,066%

Valuation

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Market cap$155.63B+505%
Enterprise value$155.1B+445%
P/E16.5×+2.9×
P/S12.1×+9.3×

Profitability

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Gross margin48.9%+10.1pp
Operating margin34.5%+10.0pp
Net margin72.9%+53.1pp
FCF margin-7.2%-14.6pp

Returns & leverage

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Return on equity133%+110pp
Debt / equity0.1×-0.8×
Current ratio1.3×+0.2×

Where this comes from

Reported directly by Western Digital in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The source filing: Western Digital’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 6:13 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-029054
Line itemApril 3,2026June 27,2025
Operating lease right-of-use assets (included in Other non-current assets)$127$123
Operating lease liabilities:
Current portion of long-term operating lease liabilities (included in Accrued expenses)3231
Long-term operating lease liabilities (included in Other liabilities)111110
Total operating lease liabilities$143$141

Item 1. Financial Statements (unaudited)

FAQ

What is Western Digital's operating lease liabilities?
Western Digital (WDC) reported operating lease liabilities of $111M in Q1 2026.
How has Western Digital's operating lease liabilities changed year-over-year?
Western Digital's operating lease liabilities decreased by 4.3% year-over-year, from $116M to $111M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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