Western Digital beats first-quarter revenue and profit estimates, guides higher
Western Digital reported first-quarter revenue of $4,381 million and adjusted EPS of $4.64, both above analyst estimates, according to Reuters.
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what happened
Western Digital reported first-quarter results that came in well above analyst expectations. Revenue reached $4,381 million against an estimate of $4,136 million, while adjusted earnings per share were $4.64 versus a forecast of $4.09. Net income came in at $1,779 million, operating income at $2,046 million, and gross margin at 57.8%. The company also outlined second-quarter revenue of $5,100 million. Source: Reuters.
why it matters
A strong report like this supports investor interest in data storage makers, where demand is tied to data centers and AI infrastructure. The high gross margin and a firm second-quarter outlook suggest the company is holding pricing power, a point that matters when judging the wider storage sector.
market impact
WDC and storage sector: results and guidance above expectations support the shares.
tags
instruments
sources
- BRIEF-Western Digital Q1 EPS USD 4.63 — Reuters, 22 October 2026 at 20:02 UTC
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