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Western Digital(WDC) - 2025 Q4 - Earnings Call Presentation

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]