Western Digital(US:WDC) Sou Hu Cai Jing·2026-01-31 03:54Core Viewpoint - Western Digital reported strong financial results for Q2 FY26, with significant year-over-year and quarter-over-quarter growth in revenue and shipment capacity [1] Financial Performance - Revenue for Q2 FY26 reached $3.017 billion (approximately 21.012 billion RMB), representing a 25% year-over-year increase and a 7.06% quarter-over-quarter increase [1] - Total shipment capacity was 215EB, showing a year-over-year growth of 22.16% and a quarter-over-quarter growth of 5.39% [1] Customer Agreements - The company has signed procurement agreements with its top seven customers for the calendar year 2026, indicating that production capacity for the year is nearly sold out [1] - Agreements with two of the top five customers extend into the calendar year 2027, with one agreement even extending to 2028 [1] Pricing and Cost Trends - The average price per TB increased slightly by 2-3% compared to the previous quarter, while the cost per TB decreased by approximately 10% year-over-year [1] - UltraSMR technology has contributed to over half of the overall nearline HDD shipment capacity [1] Future Outlook - For Q3 FY26, Western Digital expects revenue to be in the range of $3.2 billion ± $100 million [1]