Subscribe to Pro or Enterprise plans to unlock this feature.
Become a smarter investor today.
Become a smarter investor today.
This statistic highlights Western Digital’s Revenue by Region, split across America, Asia, and EMEA, reported on a quarterly basis from 2019 onwards.
Western Digital Corporation deals in ship-to-ship transshipment (STS) and the handling of cargo between nautical vessels placed side by side, either stationary or in progress. It is a leading developer, manufacturer, and provider of data storage devices and solutions that address the evolving needs of Information Technology (IT). It enables cloud, internet, and social media infrastructure players to build more powerful, cost-effective, and efficient data centres.
Western Digital’s Revenue by Region increases on a year-on-year basis, but declines on a quarter-on-quarter basis. Earlier, in the same quarter of the previous year, i.e., Q2 2021, the company generated a revenue of $41 billion, while, in the same quarter of the current year, i.e., Q2 2022, it jumped to $51 billion, showing an increase of 25% on a year-on-year basis. When compared on a quarterly basis, the revenue witnessed a slight decline of 1.92%, from $52 billion in Q1 2022 to $51 billion in Q2 2022.
Western Digital’s revenue can be further bifurcated into the following regions:
|Revenue by Region||Q2 2021||Q1 2022||Q2 2022||Contribution in Q2 2022|
(All figures are in billions, except percentages)
The American region contributes around 35% to the total revenue of the company from all the regions in Q2 2022. The revenue from this region first increased from $10 billion in Q2 2021 to $17 billion in Q1 2022, making an increment of 70% in revenue. Further, it witnessed a slight decline of 12% on a quarter-on-quarter basis, from $17 billion in Q1 2022 to $15 billion in Q2 2022. On a year-on-year basis, the revenue increased from $10 billion in Q2 2021 to $15 billion in Q2 2022, marking a rise of 50%.
Asia region is the highest revenue contributor among all the regions. It contributes around 53% to the total revenue of the company generated from all regions. Earlier in Q2 2021 company earned a total of $23 billion, while in Q1 2022 it rose to $27 billion. This shows an 18% rise in revenue from the Asian region. However, in Q4 2021, this region generated the same revenue as in the previous quarter, amounting to $27 billion. This indicates that there was a 0% growth in revenue on a quarterly basis. On a year-on-year basis, the revenue inclined by 18%, from $23 billion in Q2 2021 to $27 billion in Q2 2022.
The EMEA region contributes 17% to the total revenue of the company in Q2 2022. Earlier in Q2 2021, the company earned a total of $8 billion. In Q1 2022, it remains the same as Q2 2021, standing at $8 billion. However, in Q2 2022, it showed a rise to $9 billion indicating a quarter-on-quarter growth of 12.5%. The year-on-year growth was the same as the quarter-on-quarter growth of 12.5%.
Western Digital Corporation is a leading developer, manufacturer, and provider of knowledge storage devices and solutions that address the evolving needs of the information technology (IT) industry. The company offers a broad range of knowledge storage products that include Client Devices, Data Center Devices and Solutions, and Client Solutions. Client Devices contains hard disk drives (HDDs) and solid-state drives (SSDs) for computing devices, flash-based embedded storage products, and flash-based memory wafers. Data Center Devices and Solutions contains high-capacity enterprise HDDs and high-performance enterprise SSDs. Client Solutions contains HDDs and SSDs embedded into auxiliary storage products and removable flash-based products. The company also offers licenses and royalty income related to its IP patent licenses. The company’s stock is traded under the ticker WDC on the NASDAQ.
Did you like Western Digital’s Revenue by Region statistic?
Access more such KPI data points and segment financials on thousands of US stocks, with Business Quant.
You can get started here.
Always know what you’ll pay. No hidden costs or surprises.
* Billed annually, local taxes extra.
* Local taxes extra.