WESTERN DIGITAL CORPORATION (WDC) FY2026 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-06-28 to 2025-10-03

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WESTERN DIGITAL CORPORATION cash flow reconciliation, Jun 28, 2025 through Oct 3, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $672,000,000.00Net income → Operating adjustments reconciliation: $510,000,000.00Accounts payable → Operating adjustments reconciliation: $248,000,000.00Other assets and liabilities, net → Operating adjustments reconciliation: $141,000,000.00Accounts receivable, net → Operating adjustments reconciliation: $131,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $88,000,000.00Deferred income taxes → Operating adjustments reconciliation: $55,000,000.00Stock-based compensation → Operating adjustments reconciliation: $53,000,000.00Accrued compensation → Operating adjustments reconciliation: $6,000,000.00Other non-cash operating activities, net → Operating adjustments reconciliation: $4,000,000.00Operating adjustments reconciliation → Gain on retained interest in Sandisk: $611,000,000.00Operating adjustments reconciliation → Income taxes payable: $503,000,000.00Operating adjustments reconciliation → Inventories: $101,000,000.00Operating adjustments reconciliation → Accrued expenses: $21,000,000.00Strategic investments and other, net → investing reconciliation: $16,000,000.00investing reconciliation → Purchases of property, plant and equipment: $73,000,000.00Net cash used in financing activities → financing reconciliation: $678,000,000.00financing reconciliation → Repurchases of common stock: $553,000,000.00financing reconciliation → Taxes paid on vested stock awards under employee stock plans: $55,000,000.00financing reconciliation → Dividends paid to common shareholders: $34,000,000.00financing reconciliation → Repayments of debt: $31,000,000.00financing reconciliation → Dividends paid to preferred shareholders: $5,000,000.00Net cash used in investing activities → investing reconciliation: $57,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $2,114,000,000.00Net cash from operating activities → Cash sources and uses: $672,000,000.00Cash sources and uses → Exchange-rate effect: $3,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $2,048,000,000.00Cash sources and uses → Net cash used in investing activities: $57,000,000.00Cash sources and uses → Net cash used in financing activities: $678,000,000.00Net income: $1,182,000,000.00Net income+$1.18 BDepreciation and amortization: $88,000,000.00Depreciation & amortization+$88.00 MStock-based compensation: $53,000,000.00Stock-based compensation+$53.00 MDeferred income taxes: $55,000,000.00Deferred taxes & credits+$55.00 MGain on retained interest in Sandisk: -$611,000,000.00Unrealized equity gain & loss−$611.00 MOther non-cash operating activities, net: $4,000,000.00Other operating, net+$4.00 MAccounts receivable, net: $131,000,000.00Accounts receivable+$131.00 MInventories: -$101,000,000.00Inventories−$101.00 MAccounts payable: $248,000,000.00Trade payables+$248.00 MAccounts payable to related parties: $0.00Accrued expenses: -$21,000,000.00Accrued liabilities−$21.00 MAccrued compensation: $6,000,000.00Accrued compensation+$6.00 MIncome taxes payable: -$503,000,000.00Income taxes payable−$503.00 MOther assets and liabilities, net: $141,000,000.00Other working capital, net+$141.00 MNet cash from operating activities: $672,000,000.00Operating cash+$672.00 MOperating adjustments reconciliation: $1,236,000,000.00Taxes paid on vested stock awards under employee stock plans: -$55,000,000.00Stock-award tax withholding−$55.00 MRepurchases of common stock: -$553,000,000.00Common stock repurchases−$553.00 MDividends paid to common shareholders: -$34,000,000.00Common dividends paid−$34.00 MDividends paid to preferred shareholders: -$5,000,000.00Preferred dividends paid−$5.00 MRepayments of debt: -$31,000,000.00Debt repaid−$31.00 MProceeds from debt: $0.00Net cash used in financing activities: -$678,000,000.00. Cash required to fund net payments.Financing cash−$678.00 Mfinancing reconciliation: $678,000,000.00Purchases of property, plant and equipment: -$73,000,000.00PP&E purchases−$73.00 MProceeds from the sale of property, plant and equipment: $0.00Notes receivable issuances to Flash Ventures: $0.00Notes receivable proceeds from Flash Ventures: $0.00Strategic investments and other, net: $16,000,000.00Other investing, net+$16.00 MNet cash used in investing activities: -$57,000,000.00. Cash required to fund net payments.Investing cash−$57.00 Minvesting reconciliation: $73,000,000.00Cash sources and uses: $2,786,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $2,114,000,000.00Beginning cash$2.11 BEnding cash: Cash, cash equivalents, and restricted cash: $2,048,000,000.00Ending cash$2.05 BExchange-rate effect: -$3,000,000.00FX effect−$3.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$599.00 MOperating cash − cash spent on PP&ECash flow / Net income0.57×Operating cash flow ÷ net incomeNet cash change−$66.00 MEnding cash − beginning cash
Chart details

WESTERN DIGITAL CORPORATION cash flow reconciliation, Jun 28, 2025 through Oct 3, 2025

Cash flows for Jun 28, 2025 through Oct 3, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 27, 2025. Ending cash: Oct 3, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 27, 2025
2,114,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
672,000,000 US dollars. Net cash provided.
Net income
1,182,000,000 US dollars
Depreciation and amortization
88,000,000 US dollars
Stock-based compensation
53,000,000 US dollars
Deferred income taxes
55,000,000 US dollars
Gain on retained interest in Sandisk
negative 611,000,000 US dollars
Other non-cash operating activities, net
4,000,000 US dollars
Accounts receivable, net
131,000,000 US dollars
Inventories
negative 101,000,000 US dollars
Accounts payable
248,000,000 US dollars
Accounts payable to related parties
0 US dollars
Accrued expenses
negative 21,000,000 US dollars
Accrued compensation
6,000,000 US dollars
Income taxes payable
negative 503,000,000 US dollars
Other assets and liabilities, net
141,000,000 US dollars
Investing activities
negative 57,000,000 US dollars. Net cash used.
Purchases of property, plant and equipment
negative 73,000,000 US dollars
Proceeds from the sale of property, plant and equipment
0 US dollars
Notes receivable issuances to Flash Ventures
0 US dollars
Notes receivable proceeds from Flash Ventures
0 US dollars
Strategic investments and other, net
16,000,000 US dollars
Financing activities
negative 678,000,000 US dollars. Net cash used.
Taxes paid on vested stock awards under employee stock plans
negative 55,000,000 US dollars
Repurchases of common stock
negative 553,000,000 US dollars
Dividends paid to common shareholders
negative 34,000,000 US dollars
Dividends paid to preferred shareholders
negative 5,000,000 US dollars
Repayments of debt
negative 31,000,000 US dollars
Proceeds from debt
0 US dollars
Operating adjustment reconciliation
1,236,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
678,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
73,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 3,000,000 US dollars
Ending cash on Oct 3, 2025
2,048,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
2,786,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 66,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.57×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
672,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
73,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
599,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $672.00M of net income directly to operating cash and $510.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 672,000,000 US dollars minus 73,000,000 US dollars equals 599,000,000 US dollars.
WESTERN DIGITAL CORPORATION (WDC) FY2026 Q1 Statement of Cash Flows Sankey chart
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