How Western Digital (WDC) Makes Money: A Visual Guide
Western Digital (WDC) generated $10.73B in revenue (TTM through Q1 2026), earning $3.81B in net profit (35.4% margin). Its largest revenue source is Cloud (332.2% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
Western Digital (WDC) Income Statement Flow
Frequently asked questions
How does Western Digital (WDC) make money?
- Western Digital (WDC) primarily makes money through Cloud, which accounts for 332.2% of total revenue. For TTM through Q1 2026, Western Digital generated $10.73B in total revenue with a net profit margin of 35.4%.
What is Western Digital (WDC) gross profit margin?
- Western Digital (WDC) reported a gross profit margin of 42.7% for TTM through Q1 2026, equivalent to $4.59B in gross profit. This means Western Digital retains 42.7% of each revenue unit after direct costs of production.
What is Western Digital (WDC) operating profit margin?
- Western Digital (WDC) reported an operating profit margin of 29.8% for TTM through Q1 2026, equivalent to $3.19B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Western Digital (WDC) net profit margin?
- Western Digital (WDC) reported a net profit margin of 35.4% for TTM through Q1 2026, equivalent to $3.81B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Western Digital (WDC) invest in R&D?
- Western Digital (WDC) invested $1.09B in research and development in TTM through Q1 2026 (10.2% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Western Digital (WDC) spend on capital expenditures?
- Western Digital (WDC) spent $365.00M on capital expenditures in TTM through Q1 2026 (3.4% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Western Digital (WDC) free cash flow?
- Western Digital (WDC) generated $2.31B in free cash flow for TTM through Q1 2026 (21.5% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q1 2026.