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

Other product segments

Consumer
$186M+24.0%
Client
$179M+30.7%

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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 cloud — revenue from contract with customer, excluding assessed tax?
Western Digital (WDC) reported cloud — revenue from contract with customer, excluding assessed tax of $2.97B in Q1 2026.
How has Western Digital's cloud — revenue from contract with customer, excluding assessed tax changed year-over-year?
Western Digital's cloud — revenue from contract with customer, excluding assessed tax increased by 48.1% year-over-year, from $2.01B to $2.97B.
What is the long-term trend for Western Digital's cloud — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), Western Digital's cloud — revenue from contract with customer, excluding assessed tax has grown at a 9.9% compound annual growth rate (CAGR), from $5.72B to $8.34B.
What does cloud — revenue from contract with customer, excluding assessed tax mean?
Total revenue generated from selling data storage hardware to cloud service providers and hyperscale data centers.
How do you interpret cloud — revenue from contract with customer, excluding assessed tax?
An increase indicates strong demand from cloud service providers and successful capture of hyperscale storage market share, while a decrease may signal reduced capital expenditure by cloud customers or increased competitive pressure.
How does cloud — revenue from contract with customer, excluding assessed tax compare across companies?
Comparable to 'Cloud' or 'Hyperscale' revenue segments reported by other storage hardware manufacturers and semiconductor companies serving the data center market.