WESTERN DIGITAL CORP (WDC)
SEC filings, insider trading & institutional ownership from EDGAR.
Western Digital, founded in 1970 and headquartered in San Jose, California, is a leading developer, manufacturer, and provider of data storage devices and solutions based on hard disk drive (HDD) technology, selling products under the Western Digital and WD brands. The company designs and manufactures substantially all of the recording heads and magnetic media used in its HDD products, positioning itself as an industry leader in innovations that drive higher areal density and performance, supported by a multi-year product roadmap featuring technologies such as ePMR, OptiNAND, UltraSMR, heat-assisted magnetic recording (HAMR), and triple stage actuators. Its business is organized around three end markets: Cloud, its largest and fastest-growing segment, serving hyperscale cloud service providers, neoclouds, and enterprise customers with high-capacity enterprise HDDs for data centers, tiered storage systems, and smart video applications; Client, providing OEM and channel customers with high-performance HDD solutions for desktops and notebooks; and Consumer, offering external storage products through global retail and channel partners.
Customers include hyperscale cloud providers, computer manufacturers and OEMs, resellers, distributors, and retailers worldwide, with international sales representing 60% of net revenue in 2026; for that year, three customers accounted for 16%, 15%, and 13% of net revenue, respectively. The company operates vertically integrated manufacturing, assembly, and test facilities concentrated in Thailand, Malaysia, the Philippines, China, and California, and competes primarily against Seagate Technology Holdings plc and Toshiba Electronic Devices & Storage Corporation, as well as NAND flash suppliers and storage systems providers. Western Digital holds approximately 4,700 active patents supporting its intellectual property portfolio in magnetic recording and related technologies, and employs approximately 40,000 people globally across 24 countries, with the majority of its workforce based in Asia Pacific.
The company positions itself as a foundational technology provider for the AI-driven data economy, emphasizing cost-effective, high-capacity, and reliable storage solutions across cloud, enterprise, edge, and consumer markets, while integrating sustainability initiatives around energy efficiency, emissions reduction, and responsible business practices into its overall strategy.
AI-summarized from Item 1 (Business) of the company's most recent 10-K filing.
Financials
As reported to the SEC via XBRL, no adjustments
| Gross profit | $6.31B |
| Operating income | $4.45B |
| Diluted EPS | $24.28 |
| Gross margin | 48.9% |
| Net margin | 72.9% |
Revenue by region
FY2026 geographic segments • from the 10-K
Latest filings
10-K, 10-Q, 8-K, Form 4 & 13D/G. Sourced directly from SEC EDGAR
| Form | Filed |
|---|---|
| DEF 14A | Oct 6, 2026 |
| 4Tan Irving | Sep 21, 2026 |
| 4Shihab Ahmed Mohammed | Sep 21, 2026 |
| 4Davis Brian Scott | Sep 21, 2026 |
| 8-K | Sep 14, 2026 |
| 4Tregillis Cynthia L | Sep 9, 2026 |
Insider trading
From Form 4 filings
| Insider | Date | Type |
|---|---|---|
| Davis Brian Scott | Sep 20, 2026 | Tax withholding |
| Davis Brian Scott | Sep 20, 2026 | Option exercise |
| Tan Irving | Sep 20, 2026 | Tax withholding |
| Tan Irving | Sep 20, 2026 | Option exercise |
| Shihab Ahmed Mohammed | Sep 17, 2026 | Tax withholding |
Top holders
13F & 13D/G • latest quarter
| Holder | Stake | Filed | Value |
|---|---|---|---|
| BlackRock, Inc. | 9.6% | Aug 7, 2026 | $21.05B |
| FMR LLC | 7.5% | Aug 13, 2026 | $16.6B |
| Vanguard Capital Management | 6.5% | Aug 13, 2026 | $14.38B |
| JPMORGAN CHASE & CO | 4.9% | Aug 12, 2026 | $11.09B |
| Capital World Investors | 4.8% | Aug 12, 2026 | $10.6B |
Executive pay and the vote
From the FY2026 proxy statement (DEF 14A), filed Oct 6, 2026
Figures come from the company’s proxy statement, and the vote count from its 8-K.
The Summary Compensation Table for every named officer, the board with tenure and committees, and each proposal with its count, verified against the filings.
Sign up free →Latest 10-K takeaways
filed Aug 14, 2026Strongly positive tone driven by 36% revenue growth, a 10-point gross margin expansion, record operating cash flow and aggressive capital returns and deleveraging, delivered with assertive, factual language. Risk discussion is mostly limited to customer concentration, tax exposures and routine critical-accounting hedging, and the text is mostly retrospective with some forward-looking liquidity and capex statements. Automated screens found no red flags in this filing.
Written by Scrutar's AI from WDC's SEC filings. Check anything you rely on against the filing. Not investment advice.
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Peers identified from WDC's own SEC filings.
Data as of Oct 16, 2026Source: SEC EDGAR.