Quarterly ResultApr 30, 2026, 04:21 PM
WDC Q3 Revenue +45% to $3.34B; Non-GAAP EPS $2.72; Dividend +20%
AI Summary
Western Digital Corporation reported strong fiscal third quarter 2026 financial results, with revenue increasing 45% year-over-year to $3.34 billion and non-GAAP diluted EPS reaching $2.72. The company also announced a 20% increase in its quarterly cash dividend to $0.15 per share. For Q4 FY26, WDC anticipates continued growth with revenue expected around $3.65 billion and non-GAAP EPS of $3.25.
Key Highlights
- Q3 FY26 Revenue increased 45% YoY to $3.34 billion.
- Q3 FY26 Non-GAAP diluted EPS was $2.72, up 97% YoY.
- Q3 FY26 Non-GAAP gross margin reached 50.5%, up 1040 bps YoY.
- Quarterly cash dividend increased 20% to $0.15 per share.
- Cash flow from operations was $1.12 billion; free cash flow $978 million.
- Q4 FY26 revenue guidance is $3.65 billion +/- $100 million.
- Q4 FY26 non-GAAP EPS guidance is $3.25 +/- $0.15.
- Q4 FY26 non-GAAP gross margin guidance is 51% to 52%.