Western Digital (WDC) Gross Margin (2009 - 2026)
Western Digital's (WDC) quarterly Gross Margin came in at 54.12% in Q3 2026, up 1316.0% year-over-year from 3.82% in Q3 2025, and up 7.76% quarter-over-quarter from 50.22% in Q2 2026.
Analysis
Western Digital (WDC) Gross Margin (2009 - 2026) Analysis & Trends
Western Digital has disclosed Gross Margin across 18 years of filings, most recently posting 54.12% for Q3 2026.
- In Q3 2026, Gross Margin rose 1316.0% year-over-year to 54.12%; the TTM figure through Jul 2026 stood at 48.85% (up 1007.0% YoY), while the FY2026 annual figure was 48.85%, up 1007.0% from the prior year.
- Gross Margin came in at 54.12% for Q3 2026 at Western Digital, up from 50.22% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 54.12% in Q3 2026 to a low of 10.2% in Q1 2023.
- Average Gross Margin over 5 years is 32.24%, with a median of 33.35% recorded in 2022.
- Year-over-year, Gross Margin slumped 2000 bps in 2023 and jumped 2287 bps in 2024.
- Over 5 years, Gross Margin stood at 16.99% in 2022, then soared by 35 bps to 22.9% in 2023, then surged by 64 bps to 37.65% in 2024, then advanced by 16 bps to 43.54% in 2025, then grew by 24 bps to 54.12% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 54.12% in Q3 2026, 50.22% in Q2 2026, and 45.74% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 20.93% |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 62.93% |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 84.57% |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 52.30% |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 54.12% |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 40.34% |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 70.07% |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | 68.42% |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 17.47% |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 27.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 54.12% |
| Apr 3, 2026 | 50.22% |
| Jan 2, 2026 | 45.74% |
| Oct 3, 2025 | 43.54% |
| Jun 27, 2025 | 40.96% |
| Mar 28, 2025 | 39.76% |
| Dec 27, 2024 | 37.65% |
| Sep 27, 2024 | 36.44% |
| Jun 28, 2024 | 34.78% |
| Mar 29, 2024 | 29.62% |
| Dec 29, 2023 | 22.90% |
| Sep 29, 2023 | 20.44% |
| Jun 30, 2023 | 11.91% |
| Mar 31, 2023 | 10.20% |
| Dec 30, 2022 | 16.99% |
| Sep 30, 2022 | 26.26% |
| Jul 1, 2022 | 31.91% |
| Apr 1, 2022 | 26.96% |
| Dec 31, 2021 | 32.75% |
| Oct 1, 2021 | 32.96% |