WDC · 8-K · 20260805PR053305

Guidance and Outlook

WESTERN DIGITAL CORP · 2026-08-05 · Importance 95 · Surprise 92 · No source text

Western Digital expects fiscal first-quarter 2027 revenue of approximately $4.1 billion, with a range of $4.0 billion to $4.2 billion, representing 42% to 49% year-over-year growth. Management projects non-GAAP gross margin of 55% to 56%, operating expenses of $390 million to $400 million, interest and other expense of approximately $15 million, and a tax rate of approximately 17%. Management said expanding cloud and other data-intensive workloads support confidence in the long-term growth trajectory, further margin expansion, and strong free cash flow generation.

Key facts

• Q1FY27 revenue guidance (non-GAAP): $4.1 billion +/- $100 million (implying a range of $4.0B to $4.2B) and expected to be up 42% to 49% year-over-year source
• Q1FY27 non-GAAP gross margin guidance: 55% - 56% (company midpoint expectation non-GAAP gross margin of 55.5%) source
• Q1FY27 non-GAAP diluted net income per common share guidance: $4.00 +/- $0.15 source
• Q1FY27 diluted weighted average shares guidance: approximately 388 million source
• Q1FY27 interest and other expense, net guidance: approximately $15 million source
• WD will host a conference call today at 1:30 p.m. Pacific / 4:30 p.m. Eastern to discuss its fiscal fourth quarter and fiscal year 2026 results source

Impact estimates