Western Digital (WDC) Operating Expenses (2009 - 2026)
Western Digital (WDC) posted Operating Expenses of $465 million for fiscal Q4 2026 (quarter ended Jul 3, 2026), up 20.2% from $387 million a year earlier but down 4.3% from the prior quarter.
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Analysis
Western Digital (WDC) Operating Expenses (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 3, 2026), Western Digital's Operating Expenses came in at $1.86 billion, up 36.8% from FY2025.
- Annual Operating Expenses shows a five-year compound annual growth rate of -10.9% (FY2021 to FY2026).
- In prior fiscal years, Western Digital's Operating Expenses was $1.36 billion in FY2025 (-37.6%), $2.18 billion in FY2024 (+12.2%), $1.94 billion in FY2023 (-44.3%) and $3.48 billion in FY2022 (+5.5%).
- Quarterly Operating Expenses has run from a low of -$491 million in fiscal Q4 2023 to a high of $887 million in fiscal Q1 2022 over five years.
- On a year-over-year basis, Operating Expenses has increased in each of the last three quarters, with growth averaging 8.8% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was fiscal Q3 2026, with growth of 219.7%; the weakest was fiscal Q3 2025, with a decline of 64.2%.
- According to Business Quant data, Operating Expenses for the three prior fiscal quarters was $486 million (Q3 2026), $472 million (Q2 2026) and $435 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 19.08 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 6.80 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 4.45 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 532.30 Mn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 545.00 Mn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 2.07 Bn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 465.00 Mn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 14.83 Bn |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 198.00 Mn |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 10.82 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 465.00 Mn |
| Apr 3, 2026 | 486.00 Mn |
| Jan 2, 2026 | 472.00 Mn |
| Oct 3, 2025 | 435.00 Mn |
| Jun 27, 2025 | 387.00 Mn |
| Mar 28, 2025 | 152.00 Mn |
| Dec 27, 2024 | 347.00 Mn |
| Sep 27, 2024 | 472.00 Mn |
| Jun 28, 2024 | 788.00 Mn |
| Mar 29, 2024 | 425.00 Mn |
| Dec 29, 2023 | 702.00 Mn |
| Sep 29, 2023 | 695.00 Mn |
| Jun 30, 2023 | -491.00 Mn |
| Mar 31, 2023 | 758.00 Mn |
| Dec 30, 2022 | 849.00 Mn |
| Sep 30, 2022 | 823.00 Mn |
| Jul 1, 2022 | 883.00 Mn |
| Apr 1, 2022 | 857.00 Mn |
| Dec 31, 2021 | 856.00 Mn |
| Oct 1, 2021 | 887.00 Mn |
API Access
Western Digital Operating Expenses 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=operating-expenses&ticker=WDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=WDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();