US Stock Market Move | Q2 performance exceeds expectations, Western Digital Corporation (WDC.US) rises more than 7%

On Thursday, Western Digital Corporation (WDC.US) rose over 7%, approaching its historical high point at $76.72 per share. In terms of news, the company released its financial report for the second quarter of 2025, with Q2 sales increasing by 30% year-on-year to $2.61 billion, surpassing Wall Street expectations by approximately 5%. The non-GAAP earnings per share were $1.66, higher than the analysts' consensus of $1.48 by 12.1%. In addition, the company's adjusted operating profit for Q2 was $732 million, surpassing analysts' expectations of $667.5 million, with a profit margin of 28.1%, exceeding expectations by 9.7%. The free cash flow profit margin was 25.9%, higher than the previous year's 12.5%. Western Digital Corporation's second-quarter revenue increased by a strong 30% year-on-year, with $26.1 billion in revenue exceeding Wall Street expectations by 4.8%. Besides exceeding expectations, this also indicates that the company has achieved growth for four consecutive quarters, signaling that Western Digital Corporation is currently in an upward phase of the industry cycle - a typical upward cycle usually lasts 8-10 quarters.