Western Digital(WDC) - 2025 Q3 - Earnings Call Presentation

Financial Performance - Western Digital reported revenue of $2.3 billion[5] - The company's non-GAAP EPS was $1.36[5] - Non-GAAP gross margin reached 40.1%[5] - Operating cash flow was $508 million[5] - Free cash flow amounted to $436 million[5] - Cash and cash equivalents totaled $3.5 billion[5] Capital Allocation - Western Digital successfully redeemed $1.8 billion of its 4.750% Sr Unsecured Notes due 2026 on April 14, 2025[5] - The Board of Directors authorized a quarterly cash dividend program and declared a cash dividend of $0.10 per share[5] Revenue Trends - Cloud revenue was $2.0 billion, a decrease of 4% QoQ but an increase of 38% YoY[8] - Client revenue was $137 million, a decrease of 2% QoQ and 2% YoY[8] - Consumer revenue was $150 million, a decrease of 13% QoQ and 4% YoY[8] Q4 Fiscal Year 2025 Guidance - Revenue is expected to be $2.45 billion, plus or minus $150 million[19] - Non-GAAP EPS is guided at $1.45, plus or minus $0.20[19]