BlockBeats News, August 6, Western Digital (WDC.O) reported a revenue of $37.5 billion for the Q4 of fiscal year 2026, exceeding the market expectation of $36.92 billion and the $26.05 billion in the same period last year; Q4 FY2026 net income was $31.95 billion, compared to $2.82 billion in the same period last year; Western Digital's Q4 net revenue was $37.5 billion, surpassing analysts' expectation of $36.8 billion; Q4 adjusted earnings per share (EPS) were $3.56, while analysts had expected $3.31.

For the first quarter of FY2027, Western Digital expects a revenue in the range of $40 billion to $42 billion (midpoint $41 billion), higher than analysts' consensus of $40.4 billion; earnings per share are expected to be between $3.85 and $4.15, above analysts' expectations of $3.77; non-GAAP gross margin is projected to be between 55% and 56%.

Despite the comprehensive outperformance in the financial results, Western Digital's stock price experienced a significant decline, reflecting that investors' focus has shifted from "performance recovery" to "whether the growth can continue to exceed expectations." Against the backdrop of the company delivering impressive results for several consecutive quarters and a significant cumulative increase in stock price. Any performance outlook that does not significantly exceed expectations faces profit-taking pressure.

According to BIT (bit.com) market data, Western Digital fell 10.67% after hours, now trading at $463.78.