Investor Presentaiton
14
© 2023 WESTERN DIGITAL CORPORATION OR ITS AFFILIATES ALL RIGHTS RESERVED
Quarterly Fact Sheet
In millions, except Average Selling Price (ASP),
percentages, and working capital related metrics
Revenue by End Market(1)
Cloud
Client
Consumer
Total Revenue
Segment Results
Flash Revenue
HDD Revenue
Total Revenue
Flash Gross Margin
HDD Gross Margin
Q1F23
$ 1,829
1,229
678
$ 3,736
Q2F23
$ 1,224
1,089
794
$ 3,107
$ 1,205
Q3F23
Q4F23
Q1F24
$ 994
975
1,035
$ 872
1,147
623
643
$ 2,803
$ 2,672
731
$2,750
$ 1,722
$ 1,657
$ 1,307
$ 1,377
2,014
1,450
1,496
$ 3,736
$ 3,107
$ 2,803
$ 2,672
24.5%
14.5%
(5.0%)
(11.9%)
28.5%
20.7%
24.3%
20.7%
1,295
$1,556
1,194
$2,750
(10.3%)
22.9%
Total Gross Margin for Segments (2)
Exabyte Metrics
26.7%
17.4%
10.6%
3.9%
4.1%
QoQ Change in Flash Exabytes Sold (3)
(10%)
20%
(14%)
15%
26%
QoQ Change in HDD Exabytes Sold (3)
1%
(35%)
15%
(18%)
(5%)
QoQ Change in Total Exabytes Sold (3)
Flash Metrics
―%
(28%)
9%
(13%)
2%
QoQ Change in ASP/Gigabytes (3)
(22%)
(20%)
(10%)
(6%)
(10%)
HDD ASP(5)
HDD Metrics
Cloud Units
Client Units
Consumer Units
Total HDD Units (4)
Cash and Cash Equivalents
Cash Flows
Cash Flows provided by (used in) Operating Activities
Purchases of Property, Plant and Equipment, net
Activity Related to Flash Ventures, net
Free Cash Flow (6)
Working Capital Related
Days Sales Outstanding
Days Inventory Outstanding
Days Payables Outstanding
Cash Conversion Cycle
8.6
5.5
6.3
5.8
5.3
3.4
4.0
3.6
3.3
2.6
2.7
3.4
2.7
2.7
2.5
14.7
12.9
12.6
11.8
10.4
$125
$ 99
$ 2,049
$ 1,871
$ 6
$ 35
(320)
99
$ (215)
(258)
$ 109
$ 2,220
$ (381)
(110)
$ 99
$ 2,023
$ (68)
(119)
(17)
(36)
(32)
$112
$ 2,032
$ (626)
69
13
59
$ (240)
$ (527)
$ (219)
$ (544)
56
52
54
128
133
144
130
(65)
(55)
(57)
(56)
122
134
139
128
48
120
(54)
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