vs

Side-by-side financial comparison of Seagate Technology (STX) and Venture Global, Inc. (VG). Click either name above to swap in a different company.

Venture Global, Inc. is the larger business by last-quarter revenue ($4.4B vs $3.1B, roughly 1.4× Seagate Technology). Venture Global, Inc. runs the higher net margin — 26.8% vs 24.0%, a 2.8% gap on every dollar of revenue. On growth, Venture Global, Inc. posted the faster year-over-year revenue change (191.7% vs 44.1%). Seagate Technology produced more free cash flow last quarter ($953.0M vs $-1.5B). Over the past eight quarters, Venture Global, Inc.'s revenue compounded faster (77.3% CAGR vs 28.4%).

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.

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York. Its primary areas of business are financial information, analytics, and energy and commodities intelligence. It is the parent company of S&P Global Ratings, S&P Global Energy, S&P Global Market Intelligence, S&P Global Mobility, and the Indian credit rating agency CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".

STX vs VG — Head-to-Head

Bigger by revenue
VG
VG
1.4× larger
VG
$4.4B
$3.1B
STX
Growing faster (revenue YoY)
VG
VG
+147.6% gap
VG
191.7%
44.1%
STX
Higher net margin
VG
VG
2.8% more per $
VG
26.8%
24.0%
STX
More free cash flow
STX
STX
$2.5B more FCF
STX
$953.0M
$-1.5B
VG
Faster 2-yr revenue CAGR
VG
VG
Annualised
VG
77.3%
28.4%
STX

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
STX
STX
VG
VG
Revenue
$3.1B
$4.4B
Net Profit
$748.0M
$1.2B
Gross Margin
46.5%
Operating Margin
32.1%
38.7%
Net Margin
24.0%
26.8%
Revenue YoY
44.1%
191.7%
Net Profit YoY
-23.8%
20.3%
EPS (diluted)
$3.27
$0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
STX
STX
VG
VG
Q3 26
$3.1B
Q1 26
$2.8B
Q4 25
$2.6B
$4.4B
Q3 25
$3.3B
Q2 25
$2.4B
$3.1B
Q1 25
$2.2B
$2.9B
Q4 24
$2.3B
$1.5B
Q3 24
$2.2B
$926.0M
Net Profit
STX
STX
VG
VG
Q3 26
$748.0M
Q1 26
$593.0M
Q4 25
$549.0M
$1.2B
Q3 25
$550.0M
Q2 25
$488.0M
$475.0M
Q1 25
$340.0M
$517.0M
Q4 24
$336.0M
$990.0M
Q3 24
$305.0M
$-294.0M
Gross Margin
STX
STX
VG
VG
Q3 26
46.5%
Q1 26
41.6%
Q4 25
39.4%
Q3 25
Q2 25
37.4%
Q1 25
35.2%
Q4 24
34.9%
Q3 24
32.9%
Operating Margin
STX
STX
VG
VG
Q3 26
32.1%
Q1 26
29.8%
Q4 25
26.4%
38.7%
Q3 25
39.7%
Q2 25
23.2%
33.5%
Q1 25
20.0%
37.3%
Q4 24
21.0%
39.0%
Q3 24
18.6%
20.4%
Net Margin
STX
STX
VG
VG
Q3 26
24.0%
Q1 26
21.0%
Q4 25
20.9%
26.8%
Q3 25
16.5%
Q2 25
20.0%
15.3%
Q1 25
15.7%
17.9%
Q4 24
14.5%
65.0%
Q3 24
14.1%
-31.7%
EPS (diluted)
STX
STX
VG
VG
Q3 26
$3.27
Q1 26
$2.60
Q4 25
$2.43
$0.41
Q3 25
$0.16
Q2 25
$2.24
$0.14
Q1 25
$1.57
$0.15
Q4 24
$1.55
$0.35
Q3 24
$1.41
$-0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
STX
STX
VG
VG
Cash + ST InvestmentsLiquidity on hand
$1.1B
$2.4B
Total DebtLower is stronger
$3.9B
$34.2B
Stockholders' EquityBook value
$6.7B
Total Assets
$8.9B
$53.4B
Debt / EquityLower = less leverage
5.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STX
STX
VG
VG
Q3 26
$1.1B
Q1 26
$1.0B
Q4 25
$1.1B
$2.4B
Q3 25
$1.9B
Q2 25
$891.0M
$2.2B
Q1 25
$814.0M
$3.6B
Q4 24
$1.2B
$3.6B
Q3 24
$1.2B
Total Debt
STX
STX
VG
VG
Q3 26
$3.9B
Q1 26
Q4 25
$34.2B
Q3 25
$32.6B
Q2 25
$30.0B
Q1 25
$29.3B
Q4 24
$29.3B
Q3 24
Stockholders' Equity
STX
STX
VG
VG
Q3 26
Q1 26
$459.0M
Q4 25
$-63.0M
$6.7B
Q3 25
$5.7B
Q2 25
$-453.0M
$5.3B
Q1 25
$-829.0M
$4.9B
Q4 24
$-1.1B
$2.9B
Q3 24
$-1.3B
Total Assets
STX
STX
VG
VG
Q3 26
$8.9B
Q1 26
$8.7B
Q4 25
$8.4B
$53.4B
Q3 25
$50.1B
Q2 25
$8.0B
$46.5B
Q1 25
$7.6B
$45.1B
Q4 24
$8.0B
$43.5B
Q3 24
$8.0B
Debt / Equity
STX
STX
VG
VG
Q3 26
Q1 26
Q4 25
5.07×
Q3 25
5.73×
Q2 25
5.69×
Q1 25
6.01×
Q4 24
10.11×
Q3 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
STX
STX
VG
VG
Operating Cash FlowLast quarter
$2.4B
$2.1B
Free Cash FlowOCF − Capex
$953.0M
$-1.5B
FCF MarginFCF / Revenue
30.6%
-34.1%
Capex IntensityCapex / Revenue
81.6%
Cash ConversionOCF / Net Profit
3.17×
1.77×
TTM Free Cash FlowTrailing 4 quarters
$-6.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STX
STX
VG
VG
Q3 26
$2.4B
Q1 26
Q4 25
$532.0M
$2.1B
Q3 25
$1.9B
Q2 25
$508.0M
$1.5B
Q1 25
$259.0M
$1.1B
Q4 24
$221.0M
Q3 24
$95.0M
Free Cash Flow
STX
STX
VG
VG
Q3 26
$953.0M
Q1 26
Q4 25
$427.0M
$-1.5B
Q3 25
$-1.4B
Q2 25
$425.0M
$-1.5B
Q1 25
$216.0M
$-2.4B
Q4 24
$150.0M
Q3 24
$27.0M
FCF Margin
STX
STX
VG
VG
Q3 26
30.6%
Q1 26
Q4 25
16.2%
-34.1%
Q3 25
-42.4%
Q2 25
17.4%
-49.1%
Q1 25
10.0%
-81.3%
Q4 24
6.5%
Q3 24
1.2%
Capex Intensity
STX
STX
VG
VG
Q3 26
Q1 26
Q4 25
4.0%
81.6%
Q3 25
98.9%
Q2 25
3.4%
96.1%
Q1 25
2.0%
119.8%
Q4 24
3.1%
Q3 24
3.1%
Cash Conversion
STX
STX
VG
VG
Q3 26
3.17×
Q1 26
Q4 25
0.97×
1.77×
Q3 25
3.42×
Q2 25
1.04×
3.07×
Q1 25
0.76×
2.15×
Q4 24
0.66×
Q3 24
0.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

STX
STX

Segment breakdown not available.

VG
VG

Plaquemines Project Segment$3.4B76%
Calcasieu Project Segment$841.0M19%
Other$208.0M5%

Related Comparisons