WDC Western Digital margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 98
Gross margin
52.6%
Operating margin
39.4%
EBITDA margin
77%
Net margin
69.5%

For this period, Western Digital reports a gross margin of 52.6%, an operating margin of 39.4%, an EBITDA margin of 77%, and a net margin of 69.5%. EBITDA margin drove the improvement across the available margins, increasing by 48.7 percentage points.

WDC margin history

Gross, operating, EBITDA and net margin trends

Western Digital's margins averaged 35.28% gross, 14.23% operating, 28.56% EBITDA, and 18.44% net during the last 3 years. Currently all four current margins are above their three-year averages.

WDC margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with EBITDA margin showing the largest gain at 48.7 percentage points.

Gross margin expansion
12pp
Operating margin expansion
11.8pp
EBITDA margin expansion
48.7pp
Net margin expansion
43.9pp

WDC Gross margin

Across the last 3 years, Western Digital's gross margin averaged 35.28%. The current gross margin of 52.6% is 17.3 percentage points above its three-year average. Gross margin was highest at 52.6% in Oct 2026 and lowest at 9.1% in Dec 2023.

WDC Operating margin

Across the last 3 years, Western Digital's operating margin stood at 14.23%. The current operating margin stands at 39.4%, 25.2 percentage points above its three-year average. Operating margin was highest at 39.4% in Oct 2026 and lowest at -22.9% in Dec 2023.

WDC EBITDA margin

Across the last 3 years, Western Digital's EBITDA margin came to 28.56%. The current EBITDA margin stands at 77%, 48.4 percentage points above its three-year average. EBITDA margin was highest at 80.8% in Jul 2026 and lowest at -23.5% in Dec 2023.

WDC Net margin

Western Digital recorded an average net margin of 18.44% across the last 3 years. Western Digital currently reports a net margin of 69.5%, 51.1 percentage points above its three-year average. During this period, net margin reached a high of 72.9% in Jul 2026 and a low of -43.4% in Dec 2023.

WDC margin group comparison

Margins compared with peer-group, industry and sector averages

Western Digital's gross margin of 52.6% is higher than the Technology sector, the industry and its peers average. But in comparison with the Technology sector average of 52.4%, Western Digital's gross margin is only 0.4% higher.

WDC margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Western Digital's gross margin?

For the period ending Oct 2, 2026, WDC recorded a gross margin of 52.6%.

What is Western Digital's operating margin?

As of Oct 2, 2026, WDC has an operating margin of 39.4%.

What is Western Digital's EBITDA margin?

The current EBITDA margin for WDC is 77% as of Oct 2, 2026.

What is Western Digital's net margin?

The current net margin for WDC is 69.5% as of Oct 2, 2026.

What are the average margins of WDC?

Over the last 3 years, Western Digital's margins averaged 35.3% gross, 14.2% operating, 28.6% EBITDA, and 18.4% net.

What are the highest historical margins of WDC?

Across the 5-year period, WDC posted its highest margins at 52.6% gross in Oct 2026, 39.4% operating in Oct 2026, 80.8% EBITDA in Jul 2026, and 72.9% net in Jul 2026.

What are the lowest historical margins of WDC?

Over this 5-year history, Western Digital's margins fell as low as 9.1% gross in Dec 2023, -24.7% operating in Sep 2023, -24.8% EBITDA in Sep 2023, and -45.9% net in Sep 2023.