Western Digital Reports Higher Q2 Profit, Driven by Strong Storage Demand

Western Digital Corp (WDC) reported higher Q2 profit on January 29, 2026, citing robust demand for enterprise and cloud storage solutions amid AI-driven data growth. Net income rose to $287 million, or $0.89 per share, up from $198 million, or $0.62 per share, in the same quarter last year. Revenue climbed 14% year-over-year to $4.32 billion, beating analyst estimates of $4.18 billion. CEO David Goeckeler attributed the performance to “sustained momentum in high-capacity drives and NAND flash products.” The company also raised its full-year revenue guidance to $17.4–$17.8 billion, up from prior guidance of $16.8–$17.4 billion. Shares rose 5.2% in after-hours trading. Western Digital noted continued supply chain normalization and pricing stabilization across key markets.