The company said it completed the separation of its Flash business into a separate company, Sandisk Corporation, on February 21, 2025, and that Sandisk is now an independent public company trading on Nasdaq under the symbol "SNDK."

1. 01

   The company said it completed the separation of its Flash business into a separate company, Sandisk Corporation, on February 21, 2025, and that Sandisk is now an independent public company trading on Nasdaq under the symbol "SNDK."

2. 02

   The company said it no longer consolidates Sandisk and will report Sandisk's historical results and certain assets and liabilities as discontinued operations beginning in fiscal Q3 2025.

3. 03

   On a continuing operations basis, the company reported Q2 2025 revenue, net of $2,409 million, gross profit of $907 million and net income from continuing operations of $466 million. For Q1 2024, the figures were $1,194 million, $244 million and $(365) million, respectively.

4. 04

   Western Digital said its GAAP gross margin was 37.7% and its non-GAAP gross margin was 38.4% in Q2 2025. For Q1 2024, the margins were 20.4% and 21.3%, respectively.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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