Western Digital Revenue Climbs 55% as Company Forecasts $5.1 Billion for Q2

Western Digital's fiscal first-quarter revenue rose 55% year over year to $4.381 billion, and the company forecast $5.1 billion in fiscal Q2 revenue, implying growth of 66% to 72%. The first quarter ended Oct. 2, 2026.

Diluted earnings per share were $4.63 under generally accepted accounting principles and $4.64 on a non-GAAP basis.

For fiscal Q2, Western Digital projected revenue of $5.1 billion, with a range of $5 billion to $5.2 billion. The company forecast non-GAAP diluted earnings per share of $5.80, plus or minus $0.20.

“Fiscal 2027 is off to a strong start, with results exceeding expectations, driven by robust customer demand and disciplined execution,” Western Digital CEO Irving Tan said.

“Our first quarter results demonstrate the continued momentum in our business, with robust exabyte growth and improved pricing driving another quarter of strong financial performance,” Chief Financial Officer Kris Sennesael said.