- Revenue: $4.29B, +41% YoY
- Net Income: $594M vs -$287M loss YoY
- EPS: $1.63 vs -$0.93 loss YoY
- Free Cash Flow: $335M vs -$176M YoY
CEO David Goeckeler: "As we finalize the separation of our businesses, we are confident that both Western Digital and Sandisk will continue driving innovation and providing compelling storage solutions to customers while delivering long-term shareholder value."
🌱Revenue & Growth
- Cloud revenue: $2.35B, +119% YoY, +6% QoQ
- Client revenue: $1.17B, +4% YoY, -3% QoQ
- Consumer revenue: $771M, -8% YoY, +14% QoQ
- HDD revenue: $2.41B, +76% YoY
- Flash revenue: $1.88B, +13% YoY
💰Profits & Financials
- Gross margin: 35.4% vs 16.2% YoY
- Operating income: $852M vs -$210M loss YoY
- Cash and equivalents: $2.29B
- Operating cash flow: $403M
📌Business Highlights
- Progress on separation of HDD and Flash businesses into independent companies
- HDD gross margin improved to 38.6% from 24.8% YoY
- Flash gross margin increased to 32.5% from 7.9% YoY
🔮Future Outlook
- Q3 FY2025 revenue guidance: $3.75B-$3.95B
- Q3 Non-GAAP EPS guidance: $0.90-$1.20
- Q3 Gross margin guidance: 31.0%-33.0%