WESTERN DIGITAL CORP — Form 8-K
Filed October 22, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 72/100
What the filing says
Western Digital reported Q1 FY2027 revenue of $4.38B (up 55% YoY), non-GAAP gross margin of 58.1%, and non-GAAP diluted EPS of $4.64 (up 161% YoY). Q2 FY2027 guidance: revenue $5.1B ±$100M (up 66-72% YoY), non-GAAP gross margin 60-61%, non-GAAP EPS $5.80. Dividend raised 17% to $0.175/share; operating cash flow $1.60B, free cash flow $1.38B.
Why this rating
Strong YoY growth (55-72%) across revenue/earnings with expanding margins indicates robust AI/cloud demand. At ~$47.7B market cap, a $4.38B quarterly revenue (~3.7% of annual) showing 55% growth is material. Raised guidance and dividend signal confidence. Not transformational M&A/restructuring, but substantial momentum.
Price action (we called it positive)
before filing · preread $364.76 | at our read pending | +10 min pending | +30 min pending | +1 hr pending | +4 hrs pending |
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