Western Digital (WDC) Operating Margin (2009 - 2026)

Western Digital (WDC) posted Operating Margin of 35.66% for Q2 2026, up 18.49% sequentially from 30.1% in Q1 2026, and up 253.0% YoY from 10.1% in Q2 2025.

Western Digital (WDC) Operating Margin (2009 - 2026) Analysis & Trends

Western Digital (WDC) has 18 years of Operating Margin data on file, last reported at 35.66% in Q2 2026.

  • Quarterly Operating Margin rose 253.0% year-over-year to 35.66% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 30.31% (up 1279.0% YoY) and the FY2025 annual result came in at 24.52%, up 3090.0% from the prior year.
  • Operating Margin advanced to 35.66% in Q2 2026 per WDC's latest filing, from 30.1% in the prior quarter.
  • The five-year high for Operating Margin was 35.66% in Q2 2026, with the low at 49.92% in Q3 2023.
  • Average Operating Margin over 5 years is 7.13%, with a median of 7.4% recorded in 2022.
  • Year-over-year, Operating Margin tumbled 5415 bps in 2023 and jumped 6502 bps in 2024.
  • Western Digital's Operating Margin stood at 10.33% in 2022, then sank by 49 bps to 15.36% in 2023, then surged by 251 bps to 23.25% in 2024, then increased by 21 bps to 28.11% in 2025, then grew by 27 bps to 35.66% in 2026.
  • Business Quant data shows WDC's Operating Margin at 35.66% in Q2 2026, 30.1% in Q1 2026, and 28.11% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 69.09%
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 8.34%
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 42.74%
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 35.66%
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 32.07%
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 1.89%
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 4.25%
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 6.11%
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 12.51%
10 D-Wave Quantum 8.64 Bn 8.64 Bn 1.82 Mn -1,914.87%

Historic Data

Download Data
DateValue
Apr 3, 2026 35.66%
Jan 2, 2026 30.10%
Oct 3, 2025 28.11%
Jun 27, 2025 26.10%
Mar 28, 2025 33.13%
Dec 27, 2024 23.25%
Sep 27, 2024 15.10%
Jun 28, 2024 -4.54%
Mar 29, 2024 5.37%
Dec 29, 2023 -15.36%
Sep 29, 2023 -49.92%
Jun 30, 2023 -2.57%
Mar 31, 2023 -16.84%
Dec 30, 2022 -10.33%
Sep 30, 2022 4.23%
Jul 1, 2022 12.41%
Apr 1, 2022 7.40%
Dec 31, 2021 15.04%
Oct 1, 2021 15.40%
Jul 2, 2021 13.72%