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Disaggregated Revenue, Geographic Information, and Concentrations of Risk | 9 Months Ended
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Mar. 28, 2025
Segment Reporting [Abstract] |
Disaggregated Revenue, Geographic Information, and Concentrations of Risk | Disaggregated Revenue, Geographic Information, and Concentrations of Risk Disaggregated Revenue The Company’s broad portfolio of technology and products addresses multiple end markets. Cloud is comprised primarily of products for public or private cloud environments and enterprise customers. Through the Client end market, the Company provides its original equipment manufacturer (“OEM”) and channel customers a broad array of high-performance HDD solutions across desktop and notebooks. The Consumer end market provides a broad range of retail and other end-user products, which capitalize on the strength of the Company’s product brand recognition and vast presence around the world. The Company’s disaggregated revenue information was as follows:
| Three Months Ended |  | Nine Months Ended
| March 28, 2025 |  | March 29, 2024 |  | March 28, 2025 |  | March 29, 2024
| (in millions)
Revenue by end market |  |  |  |  |  |  |
Cloud | $ | 2,007 |  |  | $ | 1,455 |  |  | $ | 6,012 |  |  | $ | 3,340 |
Client | 137 |  |  | 140 |  |  | 416 |  |  | 440 |
Consumer | 150 |  |  | 157 |  |  | 487 |  |  | 533 |
Total revenue | $ | 2,294 |  |  | $ | 1,752 |  |  | $ | 6,915 |  |  | $ | 4,313 |
Revenue by geography |  |  |  |  |  |  |
Asia | $ | 753 |  |  | $ | 600 |  |  | $ | 2,349 |  |  | $ | 1,677 |
Americas | 1,182 |  |  | 882 |  |  | 3,468 |  |  | 1,844 |
Europe, Middle East and Africa | 359 |  |  | 270 |  |  | 1,098 |  |  | 792 |
Total revenue | $ | 2,294 |  |  | $ | 1,752 |  |  | $ | 6,915 |  |  | $ | 4,313 |
The Company’s top 10 customers accounted for 73% and 68% of its net revenue for the three and nine months ended March 28, 2025, respectively, compared to 59% and 53% of its net revenue for the three and nine months ended March 29, 2024, respectively. For the three months ended March 28, 2025, three customers accounted for 18%, 16%, and 13% of the Company’s net revenue, and for the nine months ended March 28, 2025, two customers accounted for 18% and 11% of the Company’s net revenue. For the three months ended March 29, 2024, one customer accounted for 12% of the Company’s net revenue, and for the nine months ended March 29, 2024, no customer accounted for 10% or more of the Company’s net revenue.

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