Seagate TechnologySTXEarnings & Financial Report
Seagate Technology Holdings plc is an American data storage company. It was incorporated in 1978 as Shugart Technology and commenced business in 1979. Since 2010, the company has been incorporated in Dublin, Ireland, with operational headquarters in Fremont, California, United States.
Revenue
$2.8B
Gross Profit
$806.0M
Operating Profit
$429.0M
Net Profit
$346.0M
Gross Margin
28.8%
Operating Margin
15.3%
Net Margin
12.3%
YoY Growth
2.6%
EPS
$1.56
Financial Flow
Seagate Technology Q2 2022 Financial Summary
Seagate Technology reported revenue of $2.8B for Q2 2022, with a net profit of $346.0M (12.3% margin). Cost of goods sold was $2.0B, operating expenses totaled $377.0M.
Key Financial Metrics
| Total Revenue | $2.8B |
|---|---|
| Net Profit | $346.0M |
| Gross Margin | 28.8% |
| Operating Margin | 15.3% |
| Report Period | Q2 2022 |
Seagate Technology Annual Revenue by Year
Seagate Technology annual revenue history includes year-by-year totals (for example, 2024 revenue was $8.0B).
| Year | Annual Revenue |
|---|---|
| 2024 | $8.0B |
| 2023 | $6.5B |
| 2022 | $9.5B |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q4 2025 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.89B | $2.17B | $2.33B | $2.16B | $2.44B | $2.63B | $2.63B | $2.83B |
| YoY Growth | 17.8% | 49.1% | 49.5% | 30.5% | 29.5% | 13.1% | 21.3% | 30.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q4 2025 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.74B | $7.97B | $7.96B | $7.56B | $8.02B | $8.44B | $8.44B | $8.71B |
| Liabilities | $9.23B | $9.27B | $9.04B | $8.39B | $8.48B | $8.51B | $8.51B | $8.25B |
| Equity | $-1.49B | $-1.30B | $-1.08B | $-829.0M | $-453.0M | $-63.0M | $-63.0M | $459.0M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q4 2025 | Q2 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $434.0M | $95.0M | $221.0M | $259.0M | $508.0M | $532.0M | $532.0M |
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