Western Digital redeems USD 109.51 million notes tied to Western Digital stock

Published on 10/01/2026 at 10:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 36.00 percent to USD 12.92 billion in fiscal 2026. Western Digital stock costs EUR 404.23 on October 1, 2026, versus EUR 401.75.

Reinraum-Fertigung von Festplatten, Motiv zu Western Digital, US9581021055 — Western Digital (ISIN US9581021055) fertigt Festplatten in einem sterilen Reinraum für Rechenzentren weltweit heute, Illustration mit AI erstellt.

Western Digital redeems USD 109.51 million of convertible notes tied to its share price, a capital-markets move disclosed by Stock Titan on September 14, 2026. The redemption is scheduled for November 16, 2026, while holders can convert through November 12, 2026 at a rate of 26.5231 shares per USD 1,000 of principal. Western Digital stock was trading at EUR 404.23 at Lang & Schwarz on October 1, 2026, giving the financing update a clear market reference.

Convertible notes reach redemption date

The notes carry a 3.00 percent coupon and are due in 2028, but Western Digital plans to redeem the full USD 109.51 million principal at 100.00 percent of principal plus accrued interest. The company expects substantially all notes to convert before redemption, according to Stock Titan.

Fiscal 2026 delivered sharp growth

Western Digital generated USD 12.92 billion of revenue in fiscal 2026, up 36.00 percent from USD 9.52 billion in fiscal 2025. The comparison comes from the annual financial data and is consistent with the company earnings discussion carried by Yahoo Finance on August 5, 2026.

In the fourth quarter of fiscal 2026, revenue reached USD 3.75 billion, a 44.00 percent year-over-year increase, while non-GAAP earnings per share rose 109.00 percent to USD 3.56. Cloud revenue represented USD 3.30 billion, or 89.00 percent of quarterly revenue, making hyperscale demand and customer concentration central factors for the next phase of growth.

Guidance sets a higher margin bar

Management expects revenue of USD 4.10 billion plus or minus USD 100.00 million in the first quarter of fiscal 2027, implying 45.00 percent year-over-year growth at the midpoint. The same outlook calls for a non-GAAP gross margin of 55.00 to 56.00 percent and non-GAAP earnings per share of USD 4.00 plus or minus USD 0.15, as reported in the Yahoo Finance transcript.

Zacks said on September 18, 2026 that its fiscal 2027 earnings consensus for Western Digital had risen 8.80 percent over 60 days to USD 20.03. That upward estimate revision contrasts with the execution risk of a business where 89.00 percent of fourth-quarter revenue came from cloud customers.

EUR 404.23 price reference

Western Digital stock was trading at EUR 404.23 at Lang & Schwarz on October 1, 2026 at 10:34 a.m. CEST, up 0.62 percent versus the Lang & Schwarz prior close of EUR 401.75 on September 30, 2026. The primary listing is Nasdaq, where the finance quote showed a market capitalization of USD 156.6 billion and a 52-week range of USD 112.52 to USD 799.87 as of September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Western Digital stock.