Western Digital Shares Drop 10.7% After-Hours Despite Q4 Revenue Beat

WDC stock falls 10.7% post-market despite Q4 revenue of $37.5B beating estimates. Investors pivot to growth sustainability concerns, triggering profit-taking despite strong FY2027 guidance.

Woofun AI reports that Western Digital (WDC.O) recorded Q4 fiscal year 2026 revenue of $37.5 billion, surpassing the $36.92 billion market consensus and $26.05 billion year-ago figure. Net income reached $31.95 billion, a sharp increase from $2.82 billion previously, while adjusted earnings per share hit $3.56 against an expected $3.31.

For the first quarter of FY2027, the company projects revenue between $40 billion and $42 billion, with EPS expected at $3.85 to $4.15. Despite these figures exceeding analyst forecasts, shares declined 10.67% in after-hours trading to $463.78, as investors prioritized future growth continuity over past performance.