Western Digital delivered strong fiscal Q1 2025 results with revenue reaching $4.1 billion, up 49% YoY and 9% QoQ, driven by 153% YoY growth in cloud segment revenue. The company reported GAAP EPS of $1.35 and Non-GAAP EPS of $1.78, with gross margin improving to 37.9%.Cloud revenue represented 54% of total revenue at $2.2 billion, benefiting from higher nearline HDD and enterprise SSD shipments. Client segment contributed 29% at $1.2 billion, while Consumer segment made up 17% at $678 million. The company generated operating cash flow of $34 million and maintained $1.71 billion in cash and equivalents.For Q2 FY2025, Western Digital expects revenue between $4.2-4.4 billion and Non-GAAP EPS of $1.75-2.05. The company is currently evaluating the accounting impact of a recent $316 million patent infringement verdict, which it plans to challenge, with final assessment to be included in its upcoming 10-Q filing.

Western Digital delivered strong fiscal Q1 2025 results with revenue reaching $4.1 billion, up 49% YoY and 9% QoQ, driven by 153% YoY growth in cloud segment revenue. The company reported GAAP EPS of $1.35 and Non-GAAP EPS of $1.78, with gross margin improving to 37.9%.Cloud revenue represented 54% of total revenue at $2.2 billion, benefiting from higher nearline HDD and enterprise SSD shipments. Client segment contributed 29% at $1.2 billion, while Consumer segment made up 17% at $678 million. The company generated operating cash flow of $34 million and maintained $1.71 billion in cash and equivalents.For Q2 FY2025, Western Digital expects revenue between $4.2-4.4 billion and Non-GAAP EPS of $1.75-2.05. The company is currently evaluating the accounting impact of a recent $316 million patent infringement verdict, which it plans to challenge, with final assessment to be included in its upcoming 10-Q filing.