Western Digital (WDC) revenue breakdown
By segment, Flash is the largest at 51% of fiscal 2024 revenue, growing -4% a year over 4 years.
By product, Cloud is the largest at 89% of fiscal 2026 revenue, growing 9% a year over 6 years.
Revenue by segment
Fiscal years, as Western Digital reports them in its 10-K filings; fiscal 2024 total $13.0B.
| Segments | 2020 | 2021 | 2022 | 2023 | 2024 | Share |
|---|---|---|---|---|---|---|
| Flash | $7.8B | $8.7B | $9.8B | $6.1B | $6.7B | 51% |
| HDD | $9.0B | $8.2B | $9.0B | $6.3B | $6.3B | 49% |
Revenue by product
Fiscal years, as Western Digital reports them in its 10-K filings; fiscal 2026 total $12.9B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cloud | — | — | — | $7.0B | $5.7B | $8.0B | $4.8B | $5.1B | $8.3B | $11.5B | 89% |
| Client Devices | $9.5B | $10.1B | $8.1B | $6.3B | $7.3B | $7.1B | $691M | $577M | $556M | $726M | 6% |
| Consumer | — | — | — | $3.4B | $3.9B | $3.7B | $811M | $688M | $623M | $703M | 5% |
| Data Center Devices & Solutions | $5.5B | $6.1B | $5.0B | — | — | — | — | — | — | — | — |
| Client Solutions | $4.1B | $4.5B | $3.4B | — | — | — | — | — | — | — | — |
Revenue by region
Fiscal years, as Western Digital reports them in its 10-K filings; fiscal 2026 total $12.9B.
| Regions | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $3.9B | $4.6B | $3.6B | $4.7B | $3.8B | $5.4B | $2.7B | $2.6B | $4.3B | $5.2B | 40% |
| China | $4.3B | $4.4B | $3.9B | $4.1B | $4.3B | $4.5B | $471M | $488M | $1.5B | $2.5B | 20% |
| Europe, Middle East and Africa | $3.3B | $3.9B | $3.1B | $2.9B | $3.1B | $2.9B | $1.2B | $1.1B | $1.5B | $2.1B | 16% |
| Hong Kong | $3.3B | $4.0B | $3.1B | $2.6B | $3.6B | $3.6B | $1.1B | $1.3B | $1.1B | $1.5B | 12% |
| Rest of Asia | $3.2B | $2.8B | $2.1B | $1.7B | $1.5B | $1.9B | $546M | $573M | $792M | $1.1B | 8% |
| Other | $1.2B | $982M | $759M | $765M | $617M | $456M | $230M | $222M | $264M | $513M | 4% |
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Where does Western Digital make its money?
In fiscal 2024, by segment: Flash $6.7B, HDD $6.3B.
From Western Digital's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.