Seagate Technology Holdings plc (STX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$3.51	$4.1	+16.8%	—	$3.1B	—
Q2 26	$2.84	$3.11	+9.5%	—	$2.8B	—
Q1 26	$2.4	$2.61	+8.8%	—	$2.6B	—
Q4 25	$2.44	$2.59	+6.1%	—	$2.4B	—
Q3 25	$1.74	$1.9	+9.2%	—	$2.2B	—
Q2 25	$1.88	$2.03	+8.0%	—	$2.3B	—
Q1 25	$1.46	$1.58	+8.2%	—	$2.2B	—
Q4 24	$0.75	$1.05	+40.0%	—	$1.9B	—
Q3 24	$0.26	$0.33	+26.9%	—	$1.7B	—
Q2 24	-$0.06	$0.12	+300.0%	—	$1.6B	—
Q1 24	-$0.25	-$0.22	+12.0%	—	$1.5B	—
Q4 23	-$0.25	-$0.18	+28.0%	—	$1.6B	—
Q3 23	$0.21	-$0.28	-233.3%	—	$1.9B	—
Q2 23	$0.1	$0.16	+60.0%	—	$1.9B	—
Q1 23	$0.71	$0.48	-32.4%	—	$2B	—
Q4 22	$1.9	$1.59	-16.3%	—	$2.6B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$14.5	—	—	$12.2B	—
FY25	—	—	—	—	$9.1B	—
FY24	—	$1.6	—	—	$6.6B	—
FY23	—	-$2.56	—	—	$7.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$10.8B	$11.2B	$10.4B	$10.5B	$10.7B	$11.7B	$7.4B	$6.6B	$9.1B	$12.2B
YoY change	-3.49%	+3.83%	-7.1%	+1.15%	+1.64%	+9.18%	-36.7%	-11.3%	+38.9%	+34.1%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	10.8B	11.2B	10.4B	10.5B	10.7B	11.7B	7.4B	6.6B	9.1B	12.2B
Cost of revenue	7.6B	7.8B	7.5B	7.7B	7.8B	8.2B	6B	5B	5.9B	6.6B
Gross profit	3.2B	3.4B	2.9B	2.8B	2.9B	3.5B	1.4B	1.5B	3.2B	5.6B
Gross margin	29.5%	30.1%	28.2%	27%	27.3%	29.7%	18.3%	23.4%	35.2%	45.6%
Research & development	1.2B	1B	991M	973M	903M	941M	797M	654M	724M	755M
Selling, general & administrative	606M	562M	453M	473M	502M	559M	491M	460M	561M	577M
Operating expenses	1.8B	1.6B	1.4B	1.4B	1.4B	1.5B	1.3B	1.1B	1.3B	1.3B
Operating income	1.2B	1.7B	1.5B	1.4B	1.5B	2B	60M	422M	1.9B	4.2B
Operating margin	11.4%	15.4%	14.1%	13.2%	14%	16.8%	0.81%	6.44%	21.1%	34.7%
Non-operating income, net	-207M	-107M	47M	-169M	66M	-32M	-253M	340M	-106M	-282M
Pretax income	815M	1.4B	1.4B	1B	1.3B	1.7B	-496M	445M	1.5B	3.7B
Income tax	43M	236M	-640M	28M	34M	30M	33M	110M	44M	506M
Net income	772M	1.2B	2B	1B	1.3B	1.6B	-529M	335M	1.5B	3.2B
Net margin	7.17%	10.6%	19.4%	9.55%	12.3%	14.1%	-7.16%	5.11%	16.1%	26.1%
EBITDA	2B	2.3B	2.1B	1.7B	2B	2.4B	542M	623M	2.1B	4.5B
EPS	2.61	4.1	7.13	3.83	5.43	7.5	-2.56	1.6	—	14.5
Diluted EPS	2.58	4.05	7.06	3.79	5.36	7.36	-2.56	1.58	—	13.9

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	1.5B	1.6B	1.7B	1.9B	2.2B	2.3B	2.2B	2.4B	2.6B	2.8B	3.1B	3.6B
Cost of revenue	1.3B	1.2B	1.2B	1.3B	1.5B	1.5B	1.4B	1.5B	1.6B	1.6B	1.7B	1.7B
Gross profit	149M	362M	425M	600M	714M	812M	760M	914M	1B	1.2B	1.4B	1.9B
Gross margin	10.2%	23.3%	25.7%	31.8%	32.9%	34.9%	35.2%	37.4%	39.4%	41.6%	46.5%	52.3%
Research & development	171M	161M	164M	158M	181M	184M	180M	179M	186M	187M	194M	188M
Selling, general & administrative	105M	108M	116M	131M	129M	139M	139M	154M	144M	143M	143M	147M
Operating expenses	276M	269M	280M	289M	310M	323M	319M	333M	330M	330M	337M	335M
Operating income	-127M	93M	145M	311M	404M	489M	441M	581M	707M	846M	1.1B	1.6B
Operating margin	-8.73%	5.98%	8.76%	16.5%	18.6%	21%	20.4%	23.8%	26.9%	29.9%	35.7%	43.1%
Non-operating income, net	62M	-16M	-8M	302M	-10M	-63M	-13M	—	—	—	—	-4M
Pretax income	-147M	-4M	58M	538M	316M	350M	355M	492M	614M	707M	864M	1.5B
Income tax	37M	15M	33M	25M	11M	14M	15M	4M	65M	114M	116M	211M
Net income	-184M	-19M	25M	513M	305M	336M	340M	488M	549M	593M	748M	1.3B
Net margin	-12.7%	-1.22%	1.51%	27.2%	14.1%	14.5%	15.7%	20%	20.9%	21%	24%	35.7%
EBITDA	-60M	111M	205M	367M	466M	498M	509M	636M	779M	916M	1.2B	1.7B
EPS	-0.88	-0.09	0.12	2.44	1.45	1.58	1.6	2.3	2.58	2.75	3.38	5.75
Diluted EPS	-0.88	-0.09	0.12	2.39	1.41	1.55	1.57	2.24	2.43	2.6	3.27	5.58

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	11.5B	16.3B	13.3B	12.7B	21.3B	15.7B	12.8B	21.6B	—	211.3B	209.5B
Enterprise value	13.9B	19.2B	15.3B	15.2B	25.3B	20.8B	17.5B	25.9B	—	213.5B	210B
Shares outstanding	296M	288M	282M	262M	242M	220M	207M	209M	—	219M	219M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	14.9	13.8	6.6	12.6	16.2	9.53	—	64.4	—	66.4	65
P/S	1.06	1.45	1.28	1.21	1.99	1.35	1.73	3.29	—	17.3	16.9
P/B	8.41	9.77	6.15	7.1	33.7	144.2	-10.7	-14.5	—	97.5	94.8
EV/EBITDA	7.1	8.21	7.24	8.97	12.8	8.73	32.2	41.6	—	47.1	46.6
EV/Sales	1.29	1.72	1.47	1.45	2.37	1.78	2.37	3.95	—	17.5	17.2
Earnings yield	6.73%	7.27%	15.1%	7.92%	6.18%	10.5%	—	1.55%	—	1.51%	1.54%
FCF yield	12.9%	10.7%	8.72%	8.9%	5.3%	8.12%	4.89%	3.08%	—	1.47%	0.93%
PEG	—	—	—	—	—	—	—	—	—	—	0.43

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	29.5%	30.1%	28.2%	27%	27.3%	29.7%	18.3%	23.4%	35.2%	45.6%	52.3%
Operating margin	11.4%	15.4%	14.1%	13.2%	14%	16.8%	0.81%	6.44%	21.1%	34.7%	43.1%
Net margin	7.17%	10.6%	19.4%	9.55%	12.3%	14.1%	-7.16%	5.11%	16.1%	26.1%	26.1%
ROE	56.6%	71%	93.1%	56.2%	208.2%	1.5K%	44.1%	-22.5%	-324.3%	146.9%	371.5%
ROA	8.33%	12.6%	22.6%	11.2%	15.1%	18.4%	-7%	4.33%	18.3%	31.9%	29.4%
ROIC	30.4%	31%	34.9%	31.3%	31.7%	37.1%	1.73%	11.2%	50.9%	84.4%	84.4%
Return on tangible assets	12.4%	18%	32.5%	15.8%	21.4%	25.6%	-10.4%	6.32%	26.3%	42.3%	42.3%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.92	1.35	1.95	1.51	1.29	1.13	1.12	1.08	1.38	1.67	1.67
Quick ratio	1.55	1.02	1.52	1.09	0.88	0.69	0.68	0.68	0.84	1.17	1.17
Debt / equity	3.68	2.89	1.97	2.37	8.23	52.3	-4.55	-3.81	-11	1.78	1.8
Debt / assets	0.54	0.51	0.48	0.47	0.6	0.64	0.72	0.73	0.62	0.39	0.39
Net debt / EBITDA	1.26	1.27	0.96	1.48	2.02	2.13	8.6	6.93	1.95	0.48	0.48
Interest coverage	4.67	7.01	7.13	6.13	7.13	7.74	-0.58	2.34	5.71	14	14
Effective tax rate	5.28%	16.6%	0%	2.71%	2.52%	1.79%	0%	24.7%	2.91%	13.7%	13.7%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	36.4	38.8	36.8	40.1	44.1	53	35.7	31.3	—	55.7	55.7
EPS (basic)	2.61	4.1	7.13	3.83	5.43	7.5	-2.56	1.6	—	14.5	14.5
EPS (diluted)	2.58	4.05	7.06	3.79	5.36	7.36	-2.56	1.58	—	13.9	13.9
Book value per share	4.61	5.78	7.67	6.82	2.61	0.5	-5.79	-7.13	—	9.89	9.55
FCF per share	5.01	6.07	4.11	4.31	4.66	5.8	3.02	3.18	—	14.2	13.4
Cash per share	8.59	6.45	7.88	6.58	5	2.8	3.81	6.5	—	7.78	7.52
Capex per share	1.47	1.27	2.13	2.23	2.06	1.73	1.53	1.22	—	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	4.03%	3.27%	5.79%	5.57%	4.66%	3.27%	4.28%	3.88%	2.91%	—	—
Capex / operating cash flow	24.5%	17.1%	31.3%	35.7%	31%	22.2%	26.4%	18.7%	27.1%	—	—
Payout ratio	72.7%	61.4%	35.4%	67%	49.4%	37%	-110%	174.6%	40.8%	19.9%	21.1%
Dividend yield	4.89%	4.46%	5.37%	5.31%	3.05%	3.88%	4.54%	2.71%	—	0.3%	0.32%

Yield

0.32%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.74

ex-dividend Sep 24, 2026

Payout ratio

21%

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 24, 2026	$0.74
Jun 24, 2026	$0.74
Mar 25, 2026	$0.74

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	$1.5B	$1.6B	$1.7B	$1.9B	$2.2B	$2.3B	$2.2B	$2.4B	$2.6B	$2.8B	$3.1B	$3.6B
YoY change	-28.6%	-17.6%	-11%	+17.8%	+49.1%	+49.5%	+30.5%	+29.5%	+21.3%	+21.5%	+44.1%	+48.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	2.5B	1.9B	2.2B	1.7B	1.2B	617M	788M	1.4B	891M	1.7B
Receivables	1.2B	1.2B	989M	1.1B	1.2B	1.5B	621M	429M	959M	1.5B
Inventory	982M	1.1B	970M	1.1B	1.2B	1.6B	1.1B	1.2B	1.4B	1.6B
Total current assets	5B	4.3B	4.4B	4.1B	3.8B	4B	2.9B	3.3B	3.7B	5.2B
Property, plant & equipment	7.5B	7.5B	7.8B	8.4B	8.6B	440M	271M	202M	244M	462M
Goodwill & intangibles	3B	2.9B	2.7B	2.6B	2.5B	2.5B	2.5B	2.4B	2.4B	2.4B
Total assets	9.3B	9.4B	8.9B	8.9B	8.7B	8.9B	7.6B	7.7B	8B	10B
Accounts payable	1.6B	1.7B	1.4B	1.8B	1.7B	2.1B	1.6B	1.8B	1.6B	1.7B
Short-term debt	—	499M	—	33M	260M	598M	63M	479M	—	185M
Total current liabilities	2.6B	3.2B	2.2B	2.7B	2.9B	3.6B	2.6B	3.1B	2.6B	3.1B
Long-term debt	5B	4.3B	4.3B	4.2B	4.9B	5.1B	5.4B	5.2B	5B	3.7B
Total liabilities	7.9B	7.7B	6.7B	7.1B	8B	8.8B	8.8B	9.2B	8.5B	7.8B
Shareholders' equity	1.4B	1.7B	2.2B	1.8B	631M	109M	-1.2B	-1.5B	-453M	2.2B
Total debt	5B	4.8B	4.3B	4.2B	5.2B	5.7B	5.5B	5.7B	5B	3.9B
Net debt	2.5B	3B	2B	2.5B	4B	5.1B	4.7B	4.3B	4.1B	2.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	797M	787M	795M	1.4B	1.2B	1.2B	814M	891M	1.1B	1B	1.1B	1.7B
Receivables	521M	471M	332M	429M	628M	587M	622M	959M	1.1B	1.2B	1.2B	1.5B
Inventory	1.1B	1.1B	1.2B	1.2B	1.4B	1.5B	1.5B	1.4B	1.5B	1.5B	1.5B	1.6B
Total current assets	2.6B	2.6B	2.6B	3.3B	3.6B	3.7B	3.3B	3.7B	4B	4.2B	4.3B	5.2B
Property, plant & equipment	-8.6B	-8.6B	-8.7B	202M	-8.7B	-8.7B	-8.7B	244M	-8.7B	-8.7B	-8.6B	462M
Goodwill & intangibles	2.5B	2.5B	2.5B	2.4B	2.4B	2.4B	2.4B	2.4B	2.4B	2.4B	2.4B	2.4B
Total assets	7.2B	7.1B	7.1B	7.7B	8B	8B	7.6B	8B	8.4B	8.7B	8.9B	10B
Accounts payable	1.5B	1.6B	1.7B	1.8B	1.8B	1.6B	1.5B	1.6B	1.7B	1.8B	1.7B	1.7B
Short-term debt	—	—	479M	479M	479M	479M	—	—	1.5B	998M	398M	185M
Total current liabilities	2.5B	2.5B	3.1B	3.1B	3.2B	3B	2.4B	2.6B	4.1B	3.8B	3.2B	3.1B
Long-term debt	5.7B	5.7B	5.2B	5.2B	5.2B	5.2B	5.1B	5B	3.5B	3.8B	3.8B	3.7B
Total liabilities	8.9B	9B	9B	9.2B	9.3B	9B	8.4B	8.5B	8.5B	8.2B	7.8B	7.8B
Shareholders' equity	-1.7B	-1.8B	-1.9B	-1.5B	-1.3B	-1.1B	-829M	-453M	-63M	459M	1.1B	2.2B
Total debt	5.7B	5.7B	5.7B	5.7B	5.7B	5.7B	5.1B	5B	5B	4.8B	4.2B	3.9B
Net debt	4.9B	4.9B	4.9B	4.3B	4.4B	4.4B	4.3B	4.1B	3.9B	3.8B	3B	2.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	772M	1.2B	2B	1B	1.3B	1.6B	-529M	335M	1.5B	3.2B
Depreciation & amortization	749M	598M	541M	379M	397M	451M	513M	264M	251M	276M
Stock-based compensation	137M	112M	99M	109M	112M	145M	115M	127M	200M	213M
Change in working capital	86M	69M	61M	102M	-164M	-587M	1.2B	563M	-1B	-684M
Operating cash flow	1.8B	2.1B	1.9B	1.6B	1.6B	1.7B	1.2B	1.4B	979M	3.7B
Capital expenditure	-434M	-366M	-602M	-585M	-498M	-381M	-316M	-254M	-265M	—
Investing cash flow	-459M	-1.6B	846M	-635M	-466M	-352M	217M	126M	-276M	44M
Dividends paid	-561M	-726M	-713M	-673M	-649M	-610M	-582M	-585M	-600M	-634M
Share repurchases	-460M	-361M	-963M	-850M	-2B	-1.8B	-408M	0	0	-176M
Financing cash flow	-46M	-1.2B	-2.2B	-1.7B	-1.8B	-2B	-1.1B	-539M	-1.3B	-2.4B
Net change in cash	1.3B	-659M	560M	-703M	-642M	-606M	358M	943M	-643M	1.3B
Free cash flow	1.5B	1.7B	1.2B	1.1B	1.1B	1.3B	626M	664M	818M	3.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	-184M	-19M	25M	513M	305M	336M	340M	488M	549M	593M	748M	1.3B
Depreciation & amortization	76M	62M	63M	63M	64M	63M	63M	61M	72M	68M	66M	70M
Stock-based compensation	25M	30M	34M	38M	38M	49M	54M	59M	52M	53M	54M	54M
Change in working capital	183M	129M	60M	191M	-370M	-283M	-204M	-160M	-95M	-175M	-52M	-362M
Operating cash flow	78M	238M	206M	834M	42M	231M	254M	452M	532M	723M	1.1B	1.3B
Capital expenditure	-70M	-70M	-60M	-54M	-68M	-71M	-43M	-83M	—	—	—	—
Investing cash flow	-70M	-70M	-57M	-43M	-68M	-71M	-18M	-130M	15M	0	0	31M
Dividends paid	-145M	-146M	-147M	-147M	-147M	-148M	-152M	-153M	-153M	-154M	-161M	-166M
Share repurchases	0	0	0	0	—	—	—	—	-29M	0	-30M	-117M
Financing cash flow	-84M	-151M	-150M	-154M	-175M	-155M	-699M	-317M	-243M	-178M	-879M	-593M
Net change in cash	-76M	17M	-1M	637M	-201M	5M	-463M	5M	304M	545M	235M	743M
Free cash flow	57M	99M	128M	380M	27M	150M	216M	425M	427M	607M	953M	1.1B

Seagate Technology Holdings plc Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement