Risk factors

Western Digital (WDC) risk factors

Item 1A of every Western Digital Corp. 10-K on file, and what changed from one year to the next.

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  • FY2026 10-K risk factors

    27 risks, 6 new, 4 dropped, 9 reworded since the prior year. Cloud revenue concentration rose to 89% and top-10 customer concentration to 73%, with three customers each contributing at least 10%.

    Filed Aug 14, 2026
  • FY2025 10-K risk factors

    27 risks. Cloud customers dominate revenue, with the Cloud end market at 88% and top 10 customers at 68% after the Sandisk separation.

    Filed Aug 14, 2025