8/1032 sources · 16 publishersUpdated Oct 22, 23:49 UTC
Western Digital posts 55% revenue jump, beats Q1 earnings and raises dividend
+1 new source since this summary was written
Western Digital reported fiscal Q1 2027 revenue of $4.38 billion, up 55% year‑over‑year, and non‑GAAP diluted EPS of $4.64. The company posted a non‑GAAP gross margin of 58.1% and free cash flow of $1.38 billion. Its board declared a cash dividend of $0.175 per share. Management guided Q2 2027 revenue to a midpoint of $5.1 billion and non‑GAAP EPS to $5.80.
Why it matters
The company said the dividend increase reflects confidence in cash generation and the Q2 guidance signals a continuation of strong growth, which could support the stock price (the company’s statement in the 8‑K).
Key facts
- 1Revenue of $4.38 billion, up 55% year‑over‑year sec.gov
- 2Non‑GAAP gross margin of 58.1% sec.gov
- 3Non‑GAAP diluted EPS of $4.64 sec.gov
- 4Free cash flow of $1.38 billion sec.gov
- 5Cash dividend of $0.175 per share sec.gov
- 6Q2 2027 revenue midpoint of $5.1 billion and non‑GAAP EPS of $5.80 at the midpoint sec.gov
Summary written by AlphAI AI Desk from 20 of 31 sources. Not investment advice. Figures are as stated by the linked sources.