Western Digital (WDC) Research & Development (2009 - 2026)
Western Digital (WDC) recorded Research & Development of $284 million in fiscal Q4 2026 (quarter ended Jul 3, 2026), up 8.4% from $262 million a year earlier but down 3.4% from the prior quarter.
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Analysis
Western Digital (WDC) Research & Development (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 3, 2026), Western Digital reported Research & Development of $1.16 billion, up 16.8% from FY2025.
- Annual Research & Development has a five-year compound annual growth rate of -12.3% (FY2021 to FY2026).
- Across earlier fiscal years, Research & Development came in at $994 million in FY2025 (+4.6%), $950 million in FY2024 (-3.7%), $986 million in FY2023 (-57.6%) and $2.32 billion in FY2022 (+3.6%).
- Quarterly Research & Development has ranged from -$565 million in fiscal Q4 2023 to $598 million in fiscal Q4 2022 over the past five years.
- On a year-over-year basis, Research & Development has increased for four consecutive quarters, with an average decline of 2.6% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 28.4% in fiscal Q2 2026, against a decline of 49.3% in fiscal Q2 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $294 million (Q3 2026), $289 million (Q2 2026) and $294 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 188.00 Mn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 284.00 Mn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | - |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 104.40 Mn |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 1.16 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 284.00 Mn |
| Apr 3, 2026 | 294.00 Mn |
| Jan 2, 2026 | 289.00 Mn |
| Oct 3, 2025 | 294.00 Mn |
| Jun 27, 2025 | 262.00 Mn |
| Mar 28, 2025 | 245.00 Mn |
| Dec 27, 2024 | 225.00 Mn |
| Sep 27, 2024 | 262.00 Mn |
| Jun 28, 2024 | 267.00 Mn |
| Mar 29, 2024 | 243.00 Mn |
| Dec 29, 2023 | 444.00 Mn |
| Sep 29, 2023 | 431.00 Mn |
| Jun 30, 2023 | -565.00 Mn |
| Mar 31, 2023 | 476.00 Mn |
| Dec 30, 2022 | 523.00 Mn |
| Sep 30, 2022 | 552.00 Mn |
| Jul 1, 2022 | 598.00 Mn |
| Apr 1, 2022 | 572.00 Mn |
| Dec 31, 2021 | 575.00 Mn |
| Oct 1, 2021 | 578.00 Mn |
API Access
Western Digital Research & Development 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=research-and-development&ticker=WDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=WDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();