Western Digital (WDC) Net Margin (2009 - 2025)

Western Digital (WDC) posted Net Margin of 1.15% for Q2 2025, up 110.48% sequentially from 10.99% in Q1 2025, and down 30.0% YoY from 1.65% in Q2 2024.

Western Digital (WDC) Net Margin (2009 - 2025) Analysis & Trends

Western Digital has reported Net Margin for 17 years, with the latest figure at 1.15% in Q2 2025.

  • Quarterly Net Margin fell 30.0% year-over-year to 1.15% in Q2 2025, while the trailing twelve-month figure through Apr 2026 was 0.25% (down 915.0% YoY) and the FY2025 annual result came in at 2.58%, up 1607.0% from the prior year.
  • Net Margin climbed to 1.15% in Q2 2025 per WDC's latest filing, from 10.99% in the prior quarter.
  • Over five years, Net Margin peaked at 24.12% in Q4 2024 and troughed at 58.63% in Q3 2023.
  • A 5-year average of 0.06% and a median of 1.57% in 2021 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2023 and 2024: Net Margin slumped 5935 bps in 2023, then surged 8037 bps in 2024.
  • Over 5 years, Net Margin stood at 11.67% in 2021, then plunged by 224 bps to 14.52% in 2022, then sank by 52 bps to 22.02% in 2023, then jumped by 210 bps to 24.12% in 2024, then slumped by 95 bps to 1.15% in 2025.
  • According to Business Quant data, Net Margin over the past three periods registered 1.15%, 10.99%, and 24.12% for Q2 2025, Q1 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 7.84%
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 37.76%
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 60.76%
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 24.04%
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn -
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 2.29%
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 3.12%
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn 4.73%
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 19.20%
10 IonQ 13.97 Bn 11.94 Bn 15.41 Mn 1,244.24%

Historic Data

Download Data
DateValue
Jun 27, 2025 1.15%
Mar 28, 2025 -10.99%
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%
Jul 2, 2021 12.64%
Apr 2, 2021 4.76%
Jan 1, 2021 1.57%
Oct 2, 2020 -1.53%