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Western Digital WDC Client — Revenue from Contract with Customer, Excluding Assessed Tax

Other product segments

Cloud
$2.97B+48.1%
Consumer
$186M+24.0%

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TTMIComputing Storage Peripherals — Revenue
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TTMIData Center Computing — Revenue
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SMCIServer and storage systems — Total
$5.62B+10.5%

Other financials

Income statement

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Revenue$3.3B+45.5%
Gross profit$1.7B+83.8%
Operating income$1.2B+56.6%
Net income$3.2B+516%
EPS (diluted)$8.20+477%

Balance sheet

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Cash & equivalents$2.1B-41.0%
Total debt$1.7B-77.0%
Total equity$9.7B+87.0%
Total assets$15.0B-8.1%

Valuation

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Market cap$257.21B+954%
Enterprise value$256.89B+718%
P/E39.5×+24.7×
P/S21.8×+19.1×

Profitability

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Gross margin45.4%+8.2pp
Operating margin30.3%+12.8pp
Net margin55.3%+36.8pp

Returns & leverage

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Return on equity87.6%+66.1pp
Debt / equity0.2×-1.3×
Current ratio1.5×-0.1×

Where this comes from

Reported directly by Western Digital in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Western Digital’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Western Digital's client — revenue from contract with customer, excluding assessed tax?
Western Digital (WDC) reported client — revenue from contract with customer, excluding assessed tax of $179M in Q1 2026.
How has Western Digital's client — revenue from contract with customer, excluding assessed tax changed year-over-year?
Western Digital's client — revenue from contract with customer, excluding assessed tax increased by 30.7% year-over-year, from $137M to $179M.
What is the long-term trend for Western Digital's client — revenue from contract with customer, excluding assessed tax?
Over 3 years (2021 to 2025), Western Digital's client — revenue from contract with customer, excluding assessed tax has grown at a -57.9% compound annual growth rate (CAGR), from $7.48B to $556M.
What does client — revenue from contract with customer, excluding assessed tax mean?
Total revenue generated from selling storage drives used in personal computers and consumer electronic devices.
How do you interpret client — revenue from contract with customer, excluding assessed tax?
An increase suggests strong demand for personal computing hardware or successful market share expansion in the client storage sector, while a decrease may indicate market saturation or a cyclical downturn in PC shipments.
How does client — revenue from contract with customer, excluding assessed tax compare across companies?
Comparable to client-focused storage revenue segments at competitors like Seagate or other semiconductor and hardware component manufacturers serving the PC OEM market.