Western Digital Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Western Digital Corporation (WDC). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| HDD | $8.97B 53.6% | $8.22B 48.6% · -8.4% | $9.04B 48.1% · +10.0% | $6.26B 100.0% · -30.8% | $6.32B 100.0% · +1.0% | $9.52B 100.0% · +50.7% |
| Flash | $7.77B 46.4% | $8.71B 51.4% · +12.1% | $9.75B 51.9% · +12.0% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States | $4.68B 28.0% | $3.79B 22.4% · -19.0% | $5.41B 28.8% · +42.8% | $2.69B 43.1% · -50.2% | $2.64B 41.7% · -2.2% | $4.33B 45.5% · +64.2% |
| China | $4.08B 24.3% | $4.34B 25.6% · +6.5% | $4.53B 24.1% · +4.3% | $471.0M 7.5% · -89.6% | $488.0M 7.7% · +3.6% | $1.55B 16.3% · +217.4% |
| Europe, Middle East and Africa | – | $3.06B 18.1% | $2.87B 15.3% · -6.2% | $1.18B 18.8% · -59.1% | $1.07B 16.9% · -9.2% | $1.54B 16.1% · +44.0% |
| Hong Kong | $2.59B 15.5% | $3.62B 21.4% · +39.8% | $3.65B 19.4% · +0.6% | $1.14B 18.2% · -68.8% | $1.33B 21.1% · +16.9% | $1.05B 11.0% · -21.0% |
| Rest of Asia | – | – | – | $546.0M 8.7% | $573.0M 9.1% · +4.9% | $792.0M 8.3% · +38.2% |
| Other | $765.0M 4.6% | $617.0M 3.6% · -19.3% | $456.0M 2.4% · -26.1% | $230.0M 3.7% · -49.6% | $222.0M 3.5% · -3.5% | $264.0M 2.8% · +18.9% |
| Rest of Asia | $1.70B 10.2% | $1.49B 8.8% · -12.2% | $1.88B 10.0% · +26.3% | – | – | – |
| Europe, Middle East and Africa | $2.93B 17.5% | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cloud | $7.02B 41.9% | $5.72B 33.8% · -18.5% | $8.02B 42.7% · +40.1% | $4.75B 76.0% · -40.7% | $5.05B 80.0% · +6.3% | $8.34B 87.6% · +65.1% |
| Consumer | $3.38B 20.2% | $3.92B 23.2% · +15.8% | $3.70B 19.7% · -5.6% | $811.0M 13.0% · -78.1% | $688.0M 10.9% · -15.2% | $623.0M 6.5% · -9.4% |
| Client Devices [Member] | $6.34B 37.9% | $7.28B 43.0% · +14.9% | $7.08B 37.7% · -2.8% | $691.0M 11.0% · -90.2% | $577.0M 9.1% · -16.5% | $556.0M 5.8% · -3.6% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.