---
schema_version: "secwatch.filing_event.v1"
accession: "0000106040-22-000061"
form_type: "8-K"
ticker: "WDC"
cik: "0000106040"
company_name: "WESTERN DIGITAL CORP"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:23:01.353194+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Western Digital Q1 FY2023 revenue $3.74B; non-GAAP EPS $0.20; Q2 guidance weak

## Summary
- Revenue $3.74B, down 17% QoQ and 26% YoY; GAAP operating income $158M, non-GAAP $307M.
- GAAP EPS $0.08, non-GAAP EPS $0.20; both down >89% YoY.
- Cloud revenue $1.83B (49% of total), Client $1.23B, Consumer $678M.
- Fiscal Q2 guidance: revenue $2.90-3.10B; non-GAAP EPS $(0.25)-$0.05.
- Cash from ops $6M; total cash $2.05B.

## SEC filing metadata
- accession: 0000106040-22-000061
- form_type: 8-K
- ticker: WDC
- cik: 0000106040
- company_name: WESTERN DIGITAL CORP
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/106040/000010604022000061/0000106040-22-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/106040/000010604022000061/wdc-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000106040-22-000061
- JSON: https://secwatch.observer/filing/0000106040-22-000061.json
- Plain text: https://secwatch.observer/filing/0000106040-22-000061.txt

## Key facts
- Earnings Releases
  WESTERN DIGITAL CORP reported fiscal first quarter ended September 30, 2022 results: revenue $3.74 billion, net income $27, EPS $0.08. Guidance initiated.
  - Period: fiscal first quarter ended September 30, 2022
  - Revenue: $3.74 billion
  - Net income: $27
  - EPS: $0.08
  - Guidance: initiated
  - Result: reported results
  source text: by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Western Digital Reports Fiscal First Quarter 2023 Financial Results News Summary • First quarter revenue was $3.74 billion, above the midpoint of guidance. • First quarter GAAP earnings per share (EPS) was $0.08 and Non-GAAP EPS was $0.20, non-GAAP EPS was impacted by higher tax rate. • First quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/106040/000010604022000061/0000106040-22-000061-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.