Western Digital Corporation (WDC)

Net profit margin

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Net income	US$ in thousands	1,643,000	-798,000	-1,706,000	1,546,000	821,000
Revenue	US$ in thousands	9,520,000	13,003,000	12,318,000	18,793,000	16,922,000
Net profit margin		17.26%	-6.14%	-13.85%	8.23%	4.85%

June 30, 2025 calculation

Net profit margin = Net income ÷ Revenue
= $1,643,000K ÷ $9,520,000K
= 17.26%

The net profit margin of Western Digital Corporation has exhibited significant fluctuations over the period from June 2021 to June 2025. As of June 30, 2021, the company maintained a modest net profit margin of 4.85%. This margin improved substantially by June 30, 2022, reaching 8.23%, indicating enhanced profitability and possibly greater efficiency or favorable market conditions during that period.

However, by June 30, 2023, the company's profitability declined sharply, resulting in a net loss with a margin of -13.85%. This negative margin suggests considerable challenges, such as increased costs, reduced revenues, or one-time impairments impacting net income adversely. The situation persisted into June 30, 2024, with the company maintaining a negative margin of -6.14%, indicating that while the losses had decreased, profitability had not yet been restored.

Nevertheless, a notable turnaround is observed by June 30, 2025, when the net profit margin shifts to a positive 17.26%. This indicates a significant recovery and potentially demonstrates improved operational efficiency, better market conditions, or successful strategic initiatives that have resulted in profitability exceeding previous levels. Overall, the net profit margin trend reflects a period of volatility, marked initially by growth, followed by substantial losses, and culminating in a robust recovery.