Western Digital Q3 FY26: where the revenue came from and where it went
The whole income statement of Western Digital for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 3 – Apr 3, 2026
- Reported
- May 1, 2026
Revenue$3.34B
+45% year over year
Gross profit$1.68B
50% margin
Operating profit$1.19B
36% margin
Net profit$3.21B
96% margin
Net profit is larger than what operations earned, because the statement adds $2.17B below it, under Other income, net.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 3.34 | 100% | +45% |
| Cloud | 2.97 | 89% | +48% |
| Consumer | 0.19 | 6% | +24% |
| Client devices | 0.18 | 5% | +31% |
| Cost of revenue | −1.66 | 50% | |
| Gross profit | 1.68 | 50% margin | +10pp |
| SG&A | −0.15 | 5% | +0pp |
| Other | −0.34 | 10% | |
| Operating profit | 1.19 | 36% margin | +3pp |
| Other income, net | 2.17 | ||
| Tax | −0.15 | ||
| Net profit | 3.21 | 96% margin | +73pp |
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