Western Digital Corporation · WDC · Next earnings

Western Digital Corporation reports Thursday, Feb 4, 2027

WDC reports after market close with consensus EPS at $5.88 and revenue at $5.13B. Last quarter: Western Digital pairs strong FY27 Q1 growth with an accelerated HDD roadmap

Reports After market close91 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $5.88 Calendar consensus
Consensus revenue $5.13B Calendar consensus
Report date Feb 4, 2027 Thursday, date estimated
Session After market close 91 days away

Where WDC left off: FY2027 Q1

Full report

Western Digital pairs strong FY27 Q1 growth with an accelerated HDD roadmap

EPS surprise +12.9% Reported $4.64 vs $4.11
Revenue surprise +5.7% Reported $4.38B vs $4.14B
Stock move -6.4% Event window
Subsequent drift 0.0% Up to 20 sessions

Management's guidance sentiment was raised; the analysis cites Q2 revenue guidance of $5.1B and continued margin expansion.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Input-cost inflation, including DRAM and NAND components, could pressure costs.
  • Supply constraints in head and media manufacturing could slow product transitions.
  • Hyperscale customer capital cycles, competitor capacity, and neocloud demand remain uncertainties.

Questions analysts left open

  • Whether HAMR qualification and volume ramps stay on schedule.
  • Whether pricing acceleration and cost-per-terabyte gains persist amid input-cost inflation.
  • How competitor capacity additions and any neocloud slowdown affect growth and pricing.

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Recent WDC quarters

All WDC earnings
-6.4%FY2027 Q1-5.4%FY2026 Q4-0.7%FY2026 Q3-10.1%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2027 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.