Growth Metrics

Western Digital (WDC) Operating Margin (2016 - 2026)

Western Digital's Operating Margin history spans 18 years, with the latest figure at 30.1% for Q1 2026.

  • For Q1 2026, Operating Margin fell 527.0% year-over-year to 30.1%; the TTM value through Jan 2026 reached 29.25%, up 1028.0%, while the annual FY2025 figure was 24.52%, 2762.0% up from the prior year.
  • Operating Margin for Q1 2026 was 30.1% at Western Digital, up from 28.11% in the prior quarter.
  • Across five years, Operating Margin topped out at 35.37% in Q4 2024 and bottomed at 49.92% in Q3 2023.
  • The 5-year median for Operating Margin is 9.9% (2022), against an average of 7.36%.
  • The largest annual shift saw Operating Margin plummeted -5415bps in 2023 before it skyrocketed 6502bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 10.33% in 2022, then crashed by -49bps to 15.36% in 2023, then soared by 330bps to 35.37% in 2024, then dropped by -21bps to 28.11% in 2025, then grew by 7bps to 30.1% in 2026.
  • Per Business Quant, the three most recent readings for WDC's Operating Margin are 30.1% (Q1 2026), 28.11% (Q4 2025), and 26.1% (Q2 2025).