Capital Allocation Framework
20
WESTERN DIGITAL CONFIDENTIAL
©2022 WESTERN DIGITAL CORPORATION OR ITS AFFILIATES ALL RIGHTS RESERVED
Supplemental Operating Segment Results
In millions, except percentages; unaudited
Net Revenue
Flash
HDD
Total Net Revenue
Gross Profit By Segment
Flash
HDD
Total Gross Profit for Segments
Unallocated corporate items:
Contamination related charges
Stock-based compensation expense
Amortization of acquired intangible assets
Recoveries from a power outage incident
Q4F21
Q1F22
Q2F22
Q3F22
Q4F22
$ 2,419
2,501
$ 4,920
$ 2,490
2,561
$ 5,051
$ 2,620
2,213
$ 2,243
2,138
$ 2,400
2,128
$ 4,833
$ 4,381
$ 4,528
$ 859
$ 921
$ 946
$ 798
759
792
677
592
$ 862
600
$1,618
$ 1,713
$ 1,623
$ 1,390
$ 1,462
(203)
(14)
(9)
(14)
(13)
(38)
(39)
(26)
+S
(4)
(12)
(1)
(52)
(48)
(40)
(209)
(17)
$1,566
$1,665
$ 1,583
$ 1,181
$1,445
Total unallocated corporate items
Consolidated Gross Profit
Gross Margin
Flash(1)
HDD(2)
Total gross margin for segments (3)
Consolidated total(4)
1.
Flash gross margin is calculated by dividing Flash gross profit by Flash revenue.
2.
HDD gross margin is calculated by dividing HDD gross profit by HDD revenue.
3.
Total gross margin for segments is calculated by dividing total gross profit for segments by total revenue.
4.
35.5%
37.0%
36.1%
35.6%
35.9%
30.3%
30.9%
30.6%
27.7%
28.2%
32.9%
33.9%
33.6%
31.7%
32.3%
31.8%
33.0%
32.8%
27.0%
31.9%
Consolidated total gross margin is calculated by dividing consolidated gross profit by total revenue.
Note: In the table above, Total gross profit for segments and Total gross margin for segments are Non-GAAP financial measures, which are also referred to herein as Non-GAAP gross profit and Non-GAAP gross margin, respectively.View entire presentation