Intelligence Feed event · Equity · 2026-09-09

    Western Digital Guides Q1 FY2027 Revenue to $4.1B Following $3.5B FCF

    Question

    Western Digital Guides Q1 FY2027 Revenue to $4.1B Following $3.5B FCF

    Direct answer

    Western Digital concluded fiscal 2026 with $3.51 billion in free cash flow and a net cash balance of $500 million, distributing $3.1 billion to shareholders via share buybacks and dividends. For Q1 fiscal 2027, the company guided to revenue of $4.1 billion and non-GAAP EPS of $4.00. The results demonstrate pricing recovery and sustained demand across high-capacity enterprise hard drives and NAND flash utilized in cloud storage architectures.

    Original publisher
    Market Ontology
    Evidence through
    2026-09-09
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “Western Digital Guides Q1 FY2027 Revenue to $4.1B Following $3.5B FCF”, revision 1, evidence through 2026-09-09. https://marketontology.com/market-events/2026-09-09/western-digital-guides-q1-fy2027-revenue-to-4-1b-following-3-5b-fcf-1276ca

    EQUITY
    Western Digital Guides Q1 FY2027 Revenue to $4.1B Following $3.5B FCF
    Western Digital concluded fiscal 2026 with $3.51 billion in free cash flow and a net cash balance of $500 million, distributing $3.1 billion to shareholders via share buybacks and dividends. For Q1 fiscal 2027, the company guided to revenue of $4.1 billion and non-GAAP EPS of $4.00. The results demonstrate pricing recovery and sustained demand across high-capacity enterprise hard drives and NAND flash utilized in cloud storage architectures.
    WDCSTX
    Impact
    65
    SEP 9
    SIG
    85%
    WDCSTX
    Western Digital Guides Q1 FY2027 Revenue to $4.1B Following $3.5B FCF
    Western Digital concluded fiscal 2026 with $3.51 billion in free cash flow and a net cash balance of $500 million, distributing $3.1 billion to shareholders via share buybacks and dividends. For Q1 fiscal 2027, the company guided to revenue of $4.1 billion and non-GAAP EPS of $4.00. The results demonstrate pricing recovery and sustained demand across high-capacity enterprise hard drives and NAND flash utilized in cloud storage architectures.
    → High enterprise storage pricing and nearline HDD demand expand operating cash flows and capital returns for storage suppliers WDC and STX.
    Impact
    Western Digital concluded fiscal 2026 with $3.51 billion in free cash flow and a net cash balance of $500 million, distributing $3.1 billion to shareholders via share buybacks and dividends. For Q1 fiscal 2027, the company guided to revenue of $4.1 billion and non-GAAP EPS of $4.00. The results demonstrate pricing recovery and sustained demand across high-capacity enterprise hard drives and NAND flash utilized in cloud storage architectures.
    Affected
    WDCSTX
    Transmission
    High enterprise storage pricing and nearline HDD demand expand operating cash flows and capital returns for storage suppliers WDC and STX.

    How this development reaches the affected companies

    AssetExposure and channelDirectionEvidence
    WDCfree cash flow expansion supporting share repurchasesUp1-4wWDC achieved $3.51B FCF in FY26 and guided Q1 FY27 revenue to $4.1B with $4.00 EPS.
    STXenterprise storage pricing read-acrossUp1-4wWDC nearline storage guidance points to firm industry-wide pricing dynamics.

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    What happened next

    AssetCallBase close+1 day+5 days+20 days
    WDCUpdisagreed482.28 2026-09-09-4.43%-13.54%-15.94%

    Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.

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