Seagate Technology Holdings plc income statement STX

In fiscal 2026, which ended Jul 3, 2026, Seagate Technology Holdings plc reported revenue of $12.2 billion. Net income was $3.2 billion, a profit margin of 26.1%. Operating income came to $4.1 billion, an operating margin of 33.6%. Diluted earnings per share were $13.90. Over the twelve months ended Oct 2, 2026, revenue was $13.8 billion and net income was $4.4 billion. Across the 10 fiscal years shown, revenue grew from $10.8 billion in fiscal 2017 to $12.2 billion in fiscal 2026, about 1.4% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2027
Oct 2, 2026
FY 2026
Jul 3, 2026
FY 2027
Jun 27, 2025
FY 2024
Jun 28, 2024
FY 2023
Jun 30, 2023
FY 2022
Jul 1, 2022
FY 2021
Jul 2, 2021
FY 2020
Jul 3, 2020
FY 2019
Jun 28, 2019
FY 2018
Jun 29, 2018
FY 2017
Jun 30, 2017
Revenue
13,799
12,195
9,097
-25.4%
6,551
-11.3%
7,384
-36.7%
11,661
+9.2%
10,681
+1.6%
10,509
+1.1%
10,390
-7.1%
11,184
+3.8%
10,771
-3.5%
Cost of revenue
6,851
6,637
5,897
-11.1%
5,015
-16.9%
6,033
-26.4%
8,192
+5.5%
7,764
+1.3%
7,667
+2.8%
7,458
-4.6%
7,820
+2.9%
7,597
-11.1%
Gross profit
6,948
5,558
3,200
-42.4%
1,536
+13.7%
1,351
-61.1%
3,469
+18.9%
2,917
+2.6%
2,842
-3.1%
2,932
-12.8%
3,364
+6.0%
3,174
+21.4%
Research and development
769
755
724
-4.1%
654
-17.9%
797
-15.3%
941
+4.2%
903
-7.2%
973
-1.8%
991
-3.4%
1,026
-16.7%
1,232
-0.4%
Selling, general and administrative
592
577
561
-2.8%
460
-6.3%
491
-12.2%
559
+11.4%
502
+6.1%
473
+4.4%
453
-19.4%
562
-7.3%
606
-4.6%
Operating income
5,464
4,094
1,890
-53.8%
452
+232.2%
-342
-117.5%
1,955
+31.0%
1,492
+14.8%
1,300
-12.6%
1,487
-9.0%
1,634
+55.0%
1,054
+136.9%
Other non-operating income (expense)
-2
1
-82
-8300.0%
-78
-90.2%
-41
-41.4%
-29
-139.2%
74
+185.1%
-87
-448.0%
25
+238.9%
-18
+37.9%
-29
-252.6%
Other income (expense)
-406
-404
-377
+6.7%
-7
+95.5%
-154
+44.2%
-276
-91.7%
-144
+46.3%
-268
-133.0%
-115
+46.8%
-216
+9.6%
-239
-39.8%
Pretax income
5,058
3,690
1,513
-59.0%
445
+189.7%
-496
-129.5%
1,679
+24.6%
1,348
+30.6%
1,032
-24.8%
1,372
-3.2%
1,418
+74.0%
815
+197.4%
Income tax
662
506
44
-91.3%
110
+233.3%
33
+10.0%
30
-11.8%
34
+21.4%
28
+104.4%
-640
-371.2%
236
+448.8%
43
+65.4%
Net income
4,396
3,184
1,469
-53.9%
335
+163.3%
-529
-132.1%
1,649
+25.5%
1,314
+30.9%
1,004
-50.1%
2,012
+70.2%
1,182
+53.1%
772
+211.3%
Basic EPS
19.73
14.54
6.93
-52.3%
1.60
+162.5%
-2.56
-134.1%
7.50
+38.1%
5.43
+41.8%
3.83
-46.3%
7.13
+73.9%
4.10
+57.1%
2.61
+214.5%
Diluted EPS
19.07
13.90
6.77
-51.3%
1.58
+161.7%
-2.56
-134.8%
7.36
+37.3%
5.36
+41.4%
3.79
-46.3%
7.06
+74.3%
4.05
+57.0%
2.58
+214.6%
Weighted average shares, basic
223
219
212
-3.2%
209
+1.0%
207
-5.9%
220
-9.1%
242
-7.6%
262
-7.1%
282
-2.1%
288
-2.7%
296
-1.0%
Weighted average shares, diluted
231
229
217
-5.2%
212
+2.4%
207
-7.6%
224
-8.6%
245
-7.5%
265
-7.0%
285
-2.4%
292
-2.3%
299
-1.0%
Other measures
Depreciation and amortization
280
276
251
-9.1%
264
-48.5%
513
+13.7%
451
+13.6%
397
+4.7%
379
-29.9%
541
-9.5%
598
-20.2%
749
-8.1%
EBITDA
5,744
4,370
2,141
-51.0%
716
+318.7%
171
-92.9%
2,406
+27.4%
1,889
+12.5%
1,679
-17.2%
2,028
-9.1%
2,232
+23.8%
1,803
+43.1%
Interest coverage
22.30x
14.42x
5.89x
—
—
—
—
—
—
—
—
Margins
Gross margin
50.35%
45.58%
35.18%
23.45%
18.30%
29.75%
27.31%
27.04%
28.22%
30.08%
29.47%
Operating margin
39.60%
33.57%
20.78%
6.90%
-4.63%
16.77%
13.97%
12.37%
14.31%
14.61%
9.79%
Pretax margin
36.65%
30.26%
16.63%
6.79%
-6.72%
14.40%
12.62%
9.82%
13.21%
12.68%
7.57%
Profit margin
31.86%
26.11%
16.15%
5.11%
-7.16%
14.14%
12.30%
9.55%
19.36%
10.57%
7.17%
EBITDA margin
41.63%
35.83%
23.54%
10.93%
2.32%
20.63%
17.69%
15.98%
19.52%
19.96%
16.74%
Effective tax rate
13.09%
13.71%
2.91%
24.72%
—
1.79%
2.52%
2.71%
-46.65%
16.64%
5.28%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Computer Storage Devices (SIC 3572)
Listed as
STX (Nasdaq)
Fiscal year ends
June 27
Headquarters
Singapore, Singapore
SEC filer status
Large accelerated filer
SEC CIK
1137789
Former names
Seagate Technology plc (until May 19, 2021); SEAGATE TECHNOLOGY (until Jul 6, 2010); Seagate Technology (until Jul 6, 2010); SEAGATE TECHNOLOGY HOLDINGS (until Dec 12, 2002)

Other Computer Storage Devices companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.