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Western Digital’s fiscal Q1 2027 revenue rises 55% year on year, while profit falls 44% sequentially
Western Digital reported fiscal first-quarter 2027 revenue of $4.381 billion, up 55% year on year and 17% from the preceding quarter. Net income attributable to shareholders rose 54% year on year to $1.779 billion but fell 44% sequentially. Gross margin reached 57.8%, while operating cash flow was $1.604 billion and free cash flow was $1.377 billion.
What to know
- 01
The company forecasts fiscal second-quarter revenue of $5.0 billion to $5.2 billion, representing 66% to 72% year-on-year growth.
- 02
The board announced a 17% increase in the quarterly cash dividend to $0.18 per share.
Why it matters
With Western Digital focused on hard drives and high-capacity storage, these figures provide a reference point for assessing its storage infrastructure business.
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