Western Digital (WDC) Q3 FY26 earnings results beat EPS and revenue expectaitons
Digital storage company Western Digital beats on both fronts in its latest quarter.
Western Digital (WDC), the manufacturer of popular storage devices for PC and Mac, is out with earnings. Q3 2026 saw the company beat expectations for earnings and revenue, though the stock is still down on the news.
Western Digital published its earnings report as markets closed. In it, the company posted $3.34 billion in revenue against a $3.24 Billion expectation. Western Digital’s earnings were $2.72/share, beating the $2.54/share Whisper number.
CEO Irving Tan provided a statement along with the press release.
WD started calendar year 2026 with great execution, driving strong sequential and year-over-year revenue growth in all our end markets, while expanding gross and operating margins. Gross margin exceeded 50%, reflecting our continued delivery of innovation across an expanding set of customers. Given our confidence in the durability of our business, we are also announcing a 20% increase in the quarterly cash dividend on the company’s common stock to $0.15 per share. The demand drivers are clear: Virtually every AI workload, from training, inference, agentic AI to physical AI, creates data that is stored persistently and cost-efficiently on HDDs.
Despite the beat, Western Digital stock dived in after-hours trading. Shares were valued as low as $409.39 after ending the day at $434.52. Stick with Shacknews for more financial news out of the tech business.
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