• Western Digital average gross margin for 2023 was 13.92%, a 52.99% increase from 2022.
• Western Digital average gross margin for 2022 was 29.61%, a 5.79% decline from 2021.
• Western Digital average gross margin for 2021 was 27.99%, a 24.23% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.