Western Digital Chief Executive Officer Irving Tan said fiscal first-quarter results exceeded expectations, while Chief Financial Officer Kris Sennesael pointed to growth in exabyte volumes and firmer prices as the company forecast $5.1 billion in second-quarter revenue.
Revenue for the quarter ended Oct. 2, 2026, totaled $4.381 billion, 55% more than a year earlier. The company reported diluted earnings per share of $4.63 under generally accepted accounting principles (GAAP), compared with $4.64 on a non-GAAP basis.
Tan attributed the better-than-expected quarter to customer demand and the company’s execution. Sennesael said larger exabyte volumes and price gains supported the results.
For fiscal second-quarter 2027, Western Digital set a revenue range of $5 billion to $5.2 billion, centered on $5.1 billion. The revenue outlook implies year-over-year growth of 66% to 72%. The company put non-GAAP diluted earnings per share at $5.80, with a $0.20 margin in either direction.
Western Digital filed its earnings release with the U.S. Securities and Exchange Commission on Oct. 22 as an exhibit to a Form 8-K. EconoTimes previously covered the company’s fiscal first-quarter results and second-quarter outlook.
