Discontinued — last reported Q3 '24

Business Segments · Gross Profit

Flash — Gross Profit

Western Digital Flash — Gross Profit decreased by 16.8% to $609.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 364.9%, from $131.00M to $609.00M. Over 3 years (FY 2021 to FY 2024), Flash — Gross Profit shows a downward trend with a -24.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ2 2020
Last reportedQ3 2024
Rolls up toGross Profit

How to read this metric

Higher gross profit indicates efficient manufacturing processes and favorable product mix, whereas lower profit suggests rising input costs or margin compression.

Detailed definition

This metric measures the absolute profit earned from the flash segment after deducting the direct costs of manufacturing...

Peer comparison

Comparable to segment-level gross profit reported by other vertically integrated semiconductor and storage manufacturers.

Metric ID: wdc_segment_flash_gross_profit

Historical Data

15 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$548.00M$921.00M$946.00M$798.00M$921.00M$422.00M$240.00M-$65.00M$422.00M-$161.00M$131.00M$467.00M-$161.00M$732.00M$609.00M
QoQ Change+68.1%+2.7%-15.6%+15.4%-54.2%-43.1%-127.1%+749.2%-138.2%+181.4%+256.5%-134.5%+554.7%-16.8%
YoY Change+68.1%-54.2%-74.6%-108.1%-54.2%-138.2%-45.4%+818.5%-138.2%+554.7%+364.9%
Range-$161.00M$946.00M
CAGR+3.1%
Avg YoY Growth+108.5%
Median YoY Growth-54.2%

Frequently Asked Questions

What is Western Digital's flash — gross profit?
Western Digital (WDC) reported flash — gross profit of $609.00M in Q3 2024.
How has Western Digital's flash — gross profit changed year-over-year?
Western Digital's flash — gross profit increased by 364.9% year-over-year, from $131.00M to $609.00M.
What is the long-term trend for Western Digital's flash — gross profit?
Over 3 years (2021 to 2024), Western Digital's flash — gross profit has grown at a -24.1% compound annual growth rate (CAGR), from $2.67B to $1.17B.
What does flash — gross profit mean?
The profit remaining from flash product sales after accounting for the direct costs of production.