Western Digital (WDC) EBITDA Margin (2009 - 2026)
Western Digital's EBITDA Margin was 44.36% in fiscal Q4 2026 (quarter ended Jul 3, 2026), up 14.95 percentage points from 29.40% a year earlier and up 5.82 percentage points from the prior quarter.
Western Digital (WDC) EBITDA Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 3, 2026), EBITDA Margin at Western Digital came in at 37.37%, up 8.12 percentage points from FY2025.
- EBITDA Margin shows a five-year change of +23.00 percentage points (FY2021 to FY2026).
- In earlier fiscal years, EBITDA Margin was 29.25% in FY2025 (+26.64 pp), 2.61% in FY2024 (-1.86 pp), 4.48% in FY2023 (-13.19 pp) and 17.67% in FY2022 (+3.29 pp).
- The fiscal Q4 2026 figure marks the highest quarterly EBITDA Margin in data going back to fiscal Q3 2009.
- Compared with a year earlier, EBITDA Margin has increased for eight straight quarters, with an average year-over-year change of +21.76 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was fiscal Q1 2025 (a gain of 58.81 percentage points); the worst was fiscal Q1 2024 (a drop of 47.62 percentage points).
- Per Business Quant data, WDC's EBITDA Margin in the three fiscal quarters before Q4 2026 was 38.54% (Q3 2026), 33.15% (Q2 2026) and 31.23% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,079.97 Bn | 4,827.46 Bn | 54.77 Bn | 35.66% |
| 2 | Cisco Systems | 420.25 Bn | 356.18 Bn | 11.06 Bn | 28.41% |
| 3 | Dell Technologies | 292.20 Bn | 247.96 Bn | 9.83 Bn | 13.07% |
| 4 | Arista Networks | 217.24 Bn | 170.70 Bn | 1.91 Bn | 46.16% |
| 5 | Sandisk | 180.75 Bn | 169.27 Bn | 7.58 Bn | 78.92% |
| 6 | Sony | 160.45 Bn | 100.21 Bn | 6.53 Bn | 25.63% |
| 7 | Seagate Technology Holdings | 142.99 Bn | 137.98 Bn | 1.90 Bn | 44.89% |
| 8 | Western Digital | 128.64 Bn | 118.47 Bn | 2.53 Bn | 49.08% |
| 9 | Hewlett Packard Enterprise | 75.30 Bn | 53.18 Bn | 4.93 Bn | 18.48% |
| 10 | Lumentum Holdings | 67.00 Bn | 58.81 Bn | 477.30 Mn | 35.15% |
Historic Data
| Date | Value |
|---|---|
| Oct 2, 2026 | 49.08% |
| Jul 3, 2026 | 44.36% |
| Apr 3, 2026 | 38.54% |
| Jan 2, 2026 | 33.15% |
| Oct 3, 2025 | 31.23% |
| Jun 27, 2025 | 29.48% |
| Mar 28, 2025 | 38.40% |
| Dec 27, 2024 | 28.44% |
| Sep 27, 2024 | 21.43% |
| Jun 28, 2024 | 2.59% |
| Mar 29, 2024 | 13.64% |
| Dec 29, 2023 | -4.54% |
| Sep 29, 2023 | -37.27% |
| Mar 31, 2023 | -9.10% |
| Dec 30, 2022 | -3.38% |
| Sep 30, 2022 | 10.09% |
| Jul 1, 2022 | 17.51% |
| Apr 1, 2022 | 12.62% |
| Dec 31, 2021 | 20.28% |
| Oct 1, 2021 | 20.55% |
Western Digital EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=WDC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "WDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=WDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();