WDC Western Digital (WDC) Q1 FY26 earnings call
Western Digital delivered a strong quarter, driven by robust AI-fueled demand for high-capacity hard disk drives, leading to significant revenue growth and margin expansion. The company is securing long-term customer commitments and accelerating its HAMR technology roadmap, while also returning capital to shareholders through increased dividends and share repurchases. Management anticipates continued tailwinds and strong free cash flow generation.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
WDC operating KPIs by quarter
| KPI | This call Sep 2025 Q1 FY26 | Dec 2025 Q2 FY26 | Mar 2026 Q3 FY26 | Sep 2026 Q1 FY27 | Change vs prior quarter |
|---|---|---|---|---|---|
| ePMR product shipments | 2.2M+Shipments of our latest ePMR products offering up to 26 terabytes CMR and 32-terabyte UltraSMR capacities continue to grow at an impressive pace, surpassing 2.2 million units in the September quarter.Source: earnings call transcript | 3.5M+This last quarter, we shipped over 3.5 million units of our latest generation ePMR products, offering up to 26 terabyte CMR and 32 terabyte by UltraSMR capacities, representing strong confidence and adoption by our customers.Source: earnings call transcript | 4.1M+This includes over 4.1 million drives or 118 exabytes of our latest generation ePMR with capacity points up to 32-terabytes, demonstrating our ability to quickly ramp new technologies and products in support of strong customer demand growth.Source: earnings call transcript | — | — |
| Exabytes delivered | — | 215 exabytesWe delivered 215 exabytes to our customers, up 22% year-over-year.Source: earnings call transcript | 222 exabytesWe delivered 222 exabytes to our customers, up 34% year-over-year.Source: earnings call transcript | 248 exabytesWe delivered 248 exabytes in the quarter, up 22% year-over-year and up 8% sequentially.Source: earnings call transcript | +11.7% |
| Exabytes delivered ePMR | — | 103 exabytesThis includes over 3.5 million drives or 103 exabytes of our latest generation ePMR with capacity points up to 32 terabytes.Source: earnings call transcript | 118 exabytesThis includes over 4.1 million drives or 118 exabytes of our latest generation ePMR with capacity points up to 32-terabytes, demonstrating our ability to quickly ramp new technologies and products in support of strong customer demand growth.Source: earnings call transcript | — | +14.6% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.