Western Digital Reports 30% Revenue Growth, 623% Net Income Surge Q4

Western Digital (WDC) reported strong fiscal 2025 Q4 earnings, surpassing revenue and earnings per share expectations driven by robust demand for data storage products amid growing AI and cloud computing adoption. The company posted $2.61 billion in revenue, a 30% year-over-year increase, and non-GAAP EPS of $1.66, beating analyst estimates by over 12%. CEO Tiang Yew Tan highlighted AI as a key driver of data growth, supporting the company's confidence in hard disk drives as essential for mass storage in an AI-driven future. Western Digital also reduced its debt by $2.6 billion, initiated a cash dividend, and announced a $2 billion share repurchase program, reflecting strong financial health and shareholder returns. The company projects continued growth with fiscal Q1 2026 revenue guidance of approximately $2.7 billion and EPS of $1.54, ahead of analyst expectations. Western Digital shares have outperformed the market this year, rising about 18.4% compared to the S&P 500's 8.3% gain, signaling positive investor sentiment on its growth trajectory.