WS Investor
30 Jan 2026, 09:16
Western Digital reported strong fiscal second quarter 2026 results, highlighting solid demand driven by the AI-led data economy and continued margin expansion.
Revenue reached $3.02 billion, representing a 25% year-over-year increase. GAAP gross margin improved to 45.7%, while non-GAAP gross margin came in at 46.1%. GAAP diluted earnings per share were $4.73, and non-GAAP diluted EPS totaled $2.13. Operating cash flow for the quarter was $745 million, with free cash flow of $653 million. The company noted that it returned more than 100% of its free cash flow to shareholders through share repurchases and dividends during the quarter.
Looking ahead, Western Digital expects fiscal third quarter 2026 revenue to be up approximately 40% year over year at the midpoint of its guidance, supported by continued customer demand for high-capacity hard disk drives used in large-scale and AI-focused data infrastructure.
Revenue reached $3.02 billion, representing a 25% year-over-year increase. GAAP gross margin improved to 45.7%, while non-GAAP gross margin came in at 46.1%. GAAP diluted earnings per share were $4.73, and non-GAAP diluted EPS totaled $2.13. Operating cash flow for the quarter was $745 million, with free cash flow of $653 million. The company noted that it returned more than 100% of its free cash flow to shareholders through share repurchases and dividends during the quarter.
Looking ahead, Western Digital expects fiscal third quarter 2026 revenue to be up approximately 40% year over year at the midpoint of its guidance, supported by continued customer demand for high-capacity hard disk drives used in large-scale and AI-focused data infrastructure.