Discontinued — last reported Q3 '24

Business Segments · Gross Profit

HDD — Gross Profit

Western Digital HDD — Gross Profit increased by 10.2% to $929.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 174.0%, from $339.00M to $929.00M. Over 3 years (FY 2021 to FY 2024), HDD — Gross Profit shows a downward trend with a -3.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

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

How to read this metric

An increase indicates improved production efficiency or higher product pricing, while a decrease suggests rising manufacturing costs or pricing pressure.

Detailed definition

This represents the total revenue generated from the hard disk drive segment minus the direct costs associated with manu...

Peer comparison

Comparable to gross profit figures reported by other hardware storage manufacturers and component suppliers.

Metric ID: wdc_segment_hdd_gross_profit

Historical Data

15 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$483.00M$792.00M$677.00M$592.00M$792.00M$574.00M$300.00M$363.00M$574.00M$273.00M$339.00M$545.00M$273.00M$843.00M$929.00M
QoQ Change+64.0%-14.5%-12.6%+33.8%-27.5%-47.7%+21.0%+58.1%-52.4%+24.2%+60.8%-49.9%+208.8%+10.2%
YoY Change+64.0%-27.5%-55.7%-38.7%-27.5%-52.4%+13.0%+50.1%-52.4%+208.8%+174.0%
Range$273.00M$929.00M
CAGR+20.5%
Avg YoY Growth+23.2%
Median YoY Growth-27.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Western Digital's hdd — gross profit?
Western Digital (WDC) reported hdd — gross profit of $929.00M in Q3 2024.
How has Western Digital's hdd — gross profit changed year-over-year?
Western Digital's hdd — gross profit increased by 174.0% year-over-year, from $339.00M to $929.00M.
What is the long-term trend for Western Digital's hdd — gross profit?
Over 3 years (2021 to 2024), Western Digital's hdd — gross profit has grown at a -3.9% compound annual growth rate (CAGR), from $2.25B to $2.00B.
What does hdd — gross profit mean?
The total profit earned from selling hard disk drives before deducting operating expenses.