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Non-GAAP Financial Results ($ in millions, except for EPS) © 2023 WESTERN DIGITAL CORPORATION OR ITS AFFILIATES ALL RIGHTS RESERVED Q3F22 Q2F23 Q3F23 QoQ YOY Revenue $ 4,381 $ 3,107 $ 2,803 down 10% down 36% Gross Margin % 31.7% 17.4% 10.6% down 6.8 ppt down 21.1 ppt Operating Expenses $ 740 $ 659 $ 602 down 9% down 19% Operating Income (Loss) $ 650 $ (119) $ (304) * Interest and Other Expense, net $ 64 $ 64 $ 63 down 2% down 2% EPS - Diluted $ 1.65 $ (0.42) $ (1.37) * * Operating Cash Flow $ 398 $ 35 $ (381) * * Free Cash Flow $ 148 $ (240) $ (527) * * See Appendix for GAAP to Non-GAAP Reconciliations. * Not a meaningful figure

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