← All forecasts · October 19

WDC / Q1 FY2027

Western Digital

Reported: October 22, 2026

Published forecast

2026-10-20T09:17:50.092919+00:00

Opus 5.5 High in Shortcut

Shortcut

4.15

Shortcut normalized EPS

+1.7% vs Street

Off by $0.49 per share

Street

4.08

Street normalized EPS

Frozen October 18 snapshot

Off by $0.56 per share

Real

4.64

Issuer non-GAAP diluted EPS

Shortcut win

Reported result · October 22 ↗ · Fiscal Q1 FY2027 non-GAAP diluted EPS was $4.64 versus GAAP $4.63. The issuer quarter ended October 2, corresponding to the original September-quarter forecast. · Normalized EPS source ↗

USD per diluted common share. Percentages use unrounded forecasts.

Model download

Explore the assumptions and calculations behind the forecast.

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Shortcut’s reasoning.

The capacity-and-price build forecasts $4.18bn in revenue. A 56.3% gross margin, $397m in operating expenses, $15m net other expense, 17% tax and 388m diluted shares produce non-GAAP EPS of $4.15 versus the Street’s $4.08.

The forecast period is July 4–October 2, 2026; CapIQ’s September 30 label is a reporting shorthand. Original financial assumptions were preserved. GAAP-only exchange/realignment charges remain unverified, and some balance-sheet and other-income detail uses disclosed balancing assumptions.

On the record.

Reporting basis
Issuer non-GAAP diluted EPS / CapIQ normalized EPS
Forecast completed
2026-10-20T02:22:25.944883+00:00
Published
2026-10-20T09:17:50.092919+00:00
Model assumptions and review notes
  • Non-GAAP EPS uses the segment capacity/price build,56.3% gross margin,$397m opex,guided$15m net other expense,17% tax and388m diluted shares. Original financial assumptions and full-precision EPS were preserved.
  • GAAP-only exchange/realignment costs are assumed zero, making the GAAP EPS memo unverified. Accrued-compensation and other-income detail contain disclosed balancing assumptions; current-period construction identities do not independently validate the forecast.
  • Historical cash/share bases, non-cash equity/debt reconciliation and the buyback-price source window remain limited. Minor long-note clipping remains. These are disclosed rather than silently replaced with new forward assumptions.
Research sources