Western Digital Earnings Beat Estimates
Western Digital earnings beat estimates with $3.0B revenue and above Wall Street estimates for the next quarter, likely drawing AI-storage buyer flows.
KEY TAKEAWAYS
- Reported fiscal second-quarter revenue of $3.0 billion and adjusted EPS of $2.13 in a furnished filing.
- Set third-quarter EPS view at $2.15-$2.45 and said revenue would exceed Wall Street estimates.
- Cited AI data center demand for high-capacity HDDs and flash as the quarter's demand driver.
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Western Digital Corporation (WDC) reported fiscal second-quarter results on Jan. 29, 2026, beating earnings expectations and issuing a third-quarter revenue outlook above Wall Street estimates. The company cited stronger demand for storage linked to the AI data economy.
Quarterly Results and Guidance
The company filed an 8-K on Jan. 29, 2026, furnishing a Business Wire press release reporting fiscal Q2 revenue of $3.02 billion and adjusted earnings per share of $2.13 for the quarter ended Jan. 2, 2026. GAAP profit was $1.84 billion, and adjusted gross margin stood at 46.1%.
For the third quarter, Western Digital set EPS guidance between $2.15 and $2.45 and said revenue would exceed Wall Street estimates. Consensus for fiscal 2026 projects EPS near $7.78 on about $11.88 billion in revenue.
Demand Drivers and Comparability
The company attributed the quarter’s performance to strong demand from AI data centers for high-capacity hard disk drives (HDDs) and flash storage. Prior fiscal Q2 revenue was $4.29 billion, but comparability is affected by the SanDisk spin-off in February 2025.
Western Digital scheduled an earnings call and webcast for 4:30 p.m. ET on Jan. 29, 2026.
