Western Digital (WDC) Gross Margin (2009 - 2026)
Western Digital's Gross Margin was 57.84% in fiscal Q1 2027 (quarter ended Oct 2, 2026), up 14.30 percentage points from 43.54% a year earlier and up 3.72 percentage points from the prior quarter.
Western Digital (WDC) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Western Digital's Gross Margin was 52.60% through Oct 2, 2026, up 11.99 percentage points year-over-year; for FY2026 (ended Jul 3, 2026), it came in at 48.85%, up 10.07 percentage points from FY2025.
- Gross Margin has now increased for three consecutive fiscal years, with a five-year change of +22.13 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 38.78% in FY2025 (+10.71 pp), 28.07% in FY2024 (+5.83 pp), 22.24% in FY2023 (-9.02 pp) and 31.26% in FY2022 (+4.54 pp).
- The fiscal Q1 2027 figure marks the highest quarterly Gross Margin in data going back to fiscal Q3 2009.
- Compared with a year earlier, Gross Margin has increased for nine straight quarters, with an average year-over-year change of +10.52 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q3 2024 (a gain of 19.42 percentage points); the worst was fiscal Q3 2023 (a drop of 16.75 percentage points).
- Per Business Quant data, WDC's Gross Margin in the three fiscal quarters before Q1 2027 was 54.12% (Q4 2026), 50.22% (Q3 2026) and 45.74% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 47.89% |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | - |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 63.59% |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 20.93% |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 36.95% |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 85.01% |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 57.34% |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 57.84% |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 40.34% |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn | 63.33% |
Historic Data
| Date | Value |
|---|---|
| Oct 2, 2026 | 57.84% |
| 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% |
| 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% |
Western Digital Gross 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=gross-margin&ticker=WDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=WDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();