Western Digital (WDC) Net Margin (2009 - 2026)
Western Digital's (WDC) quarterly Net Margin came in at 85.27% in Q3 2026, up 7444.0% year-over-year from 1.13% in Q3 2025, and down 11.22% quarter-over-quarter from 96.04% in Q2 2026.
Analysis
Western Digital (WDC) Net Margin (2009 - 2026) Analysis & Trends
Western Digital has disclosed Net Margin across 18 years of filings, most recently posting 85.27% for Q3 2026.
- In Q3 2026, Net Margin rose 7444.0% year-over-year to 85.27%; the TTM figure through Jul 2026 stood at 72.95% (up 5337.0% YoY), while the FY2026 annual figure was 72.95%, up 5310.0% from the prior year.
- Net Margin came in at 85.27% for Q3 2026 at Western Digital, down from 96.04% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 96.04% in Q2 2026 to a low of 58.63% in Q3 2023.
- Average Net Margin over 5 years is 15.89%, with a median of 9.24% recorded in 2022.
- Year-over-year, Net Margin sank 5935 bps in 2023 and jumped 8037 bps in 2024.
- Over 5 years, Net Margin stood at 14.52% in 2022, then tumbled by 52 bps to 22.02% in 2023, then surged by 210 bps to 24.12% in 2024, then surged by 74 bps to 41.94% in 2025, then surged by 103 bps to 85.27% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 85.27% in Q3 2026, 96.04% in Q2 2026, and 61.05% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 8.80% |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 39.95% |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 77.00% |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 35.66% |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 85.27% |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 12.37% |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 18.52% |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | 6.25% |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 10.61% |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 7.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 85.27% |
| Apr 3, 2026 | 96.04% |
| Jan 2, 2026 | 61.05% |
| Oct 3, 2025 | 41.94% |
| Jun 27, 2025 | 10.83% |
| Mar 28, 2025 | 22.67% |
| Dec 27, 2024 | 24.12% |
| Sep 27, 2024 | 21.75% |
| Jun 28, 2024 | 1.45% |
| Mar 29, 2024 | 6.45% |
| Dec 29, 2023 | -22.02% |
| Sep 29, 2023 | -58.63% |
| Jun 30, 2023 | 21.35% |
| Mar 31, 2023 | -20.69% |
| Dec 30, 2022 | -14.52% |
| Sep 30, 2022 | 0.72% |
| Jul 1, 2022 | 7.66% |
| Apr 1, 2022 | 0.57% |
| Dec 31, 2021 | 11.67% |
| Oct 1, 2021 | 12.08% |