Western Digital (WDC) Q4 2025 Earnings Call July 30, 2025 04:30 PM ET Company ParticipantsAmbrish Srivastava - VP - Investor RelationsIrving Tan - CEOKris Sennesael - CFOErik Woodring - MD - Equity ResearchKarl Ackerman - MD - Equity Research, Semiconductors & IT HardwareAsiya Merchant - Technology Equity ResearchThomas O'Malley - Director - Equity ResearchAmit Daryanani - Senior MD - Equity ResearchConference Call ParticipantsAaron Rakers - Managing Director & Technology AnalystWamsi Mohan - Senior Equity ...

Western Digital (WDC) Q4 2025 Earnings Call July 30, 2025 04:30 PM ET Speaker0Good afternoon, and thank you for standing by. Welcome to Western Digital's Fourth Quarter Fiscal twenty twenty five Conference Call. Presently, all participants are in listen only mode. Later, we will conduct a question and answer session. As a reminder, this call is being recorded.Now I will turn the call over to mister Ambrish Srivastava, vice president, investor relations. You may begin.Speaker1Thank you, and good afternoon, e ...

Financial Performance - Q4FY25 revenue reached $2.6 billion[5], a 30% increase year-over-year[13] and a 14% increase quarter-over-quarter[13] - Non-GAAP EPS for Q4FY25 was $1.66[5], a 22% increase quarter-over-quarter[13] - Non-GAAP gross margin for Q4FY25 was 41.3%[5], a 610 bps increase year-over-year[13] - Cash flow from operations was $746 million[5], a 104% increase year-over-year[13] - Free cash flow was $675 million[5], a 139% increase year-over-year[13] Capital Allocation - Total debt was reduced by $2.6 billion[5] - A new $2.0 billion share repurchase program was authorized, with $149 million of shares repurchased[5] - A cash dividend of $0.10 per share was initiated[5] Business Segments - Cloud revenue accounted for 90% of total revenue in Q4FY25[7] Q1FY26 Guidance (Non-GAAP) - Revenue is expected to be $2.70 billion, with a variance of +/- $100 million[14] - Gross margin is projected to be between 41% and 42%[14] - EPS is expected to be $1.54, with a variance of +/- $0.15[14]