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Seagate Technology Holdings plc

Seagate Technology Holdings plc

NASDAQ•STX
CEO: Dr. William David Mosley Ph.D.
Sector: Technology
Industry: Computer Hardware
Listing Date: 2002-12-11
Seagate Technology Holdings plc engages in the provision of data storage technology and infrastructure solutions in Singapore, the United States, the Netherlands, and internationally. The company offers mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. It also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, Expansion, and Basics product lines, as well as under the LaCie brand name; desktop drives for personal computers and workstation applications; notebook drives traditional notebooks, convertible systems, and external storage applications, DVR HDDs for video streaming applications, and gaming SSDs for gaming rigs. In addition, the company provides Lyve edge-to-cloud mass capacity platform, that includes modular hardware and software to support enterprises' on-premise and cloud storage infrastructure needs. It sells its products primarily to original equipment manufacturers, distributors, and retailers. The company was founded in 1978 and is based in Singapore.
Contact Information
121 Woodlands Avenue 5, Singapore, 739009, Singapore
65-6018-2562
www.seagate.com
Market Cap
$61.11B
P/E (TTM)
35.8
28.1
Dividend Yield
1.0%
52W High
$308.93
52W Low
$63.19
52W Range
91%
Rank35Top 21.9%
5.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q1 2026 Data

Revenue

$2.63B+21.26%
4-Quarter Trend

EPS

$2.58+77.93%
4-Quarter Trend

FCF

$427.00M+1481.48%
4-Quarter Trend

2026 Q1 Earnings Highlights

Key Highlights

Revenue Up 21% YoY Revenue reached $2.63B, marking a 21% increase versus September 2024 results this quarter.
Strong Net Income Growth Net income $549M, showing strong improvement over $305M reported in the prior comparable period.
Cash Flow Substantially Higher Operating cash flow $532M, substantially higher than $95M provided by operating activities last year.
Data Center Drives Sales Data Center segment drove revenue, comprising 80% of total sales supported by nearline demand.

Risk Factors

Technological Shift Risks Failure to anticipate technological shifts risks product commoditization, potentially harming competitive position and margins.
Key Customer Concentration Reduced or canceled purchases by key customers, like hyperscalers, severely impact revenue results and profitability.
Supply Chain Vulnerability Reliance on single-source suppliers risks production delays and increased component costs due to geopolitical factors.
Macroeconomic Headwinds Impact Geopolitical uncertainty and inflation may negatively affect customer spending, impacting demand for storage solutions.

Outlook

Future Segment Focus Future focus shifts to Data Center and Edge IoT markets reflecting growing impact of AI-driven applications.
Debt Reclassification Event 2028 Notes reclassified to current liability due to triggered exchange option expiring December 31, 2025.
Higher 2026 Capex Expected Expect capital expenditures for fiscal year 2026 to be higher than fiscal year 2025 levels for growth.
New Quarterly Dividend Set New quarterly dividend of $0.74 per share declared, payable on January 9, 2026 to shareholders.

Peer Comparison

Revenue (TTM)

Block, Inc.XYZ
$23.97B
+0.5%
Super Micro Computer, Inc.SMCI
$21.05B
+11.9%
NXP Semiconductors N.V.NXPI
$12.05B
-6.8%

Gross Margin (Latest Quarter)

Electronic Arts Inc.EA
75.5%
-2.0pp
Garmin Ltd.GRMN
59.1%
-0.9pp
NXP Semiconductors N.V.NXPI
56.3%
-0.2pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
WDC$61.23B23.834.8%32.6%
STX$61.11B35.8-282.7%59.2%
NXPI$57.42B27.921.6%46.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.2%
Moderate Growth
4Q Net Income CAGR
17.8%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Jan 20, 2026
|
EPS:$2.77
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q1 2026

    Period End: Oct 3, 2025|Filed: Oct 31, 2025|
    Revenue: $2.63B+21.3%
    |
    EPS: $2.58+77.9%
    N/A
  • Form 10-K - FY 2025

    Period End: Jun 27, 2025|Filed: Aug 1, 2025|
    Revenue: $9.10B+38.9%
    |
    EPS: $6.93+333.1%
    Beat
  • Form 10-Q - Q3 2025

    Period End: Mar 28, 2025|Filed: May 2, 2025|
    Revenue: $2.16B+30.5%
    |
    EPS: $1.60+1233.3%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Dec 27, 2024|Filed: Jan 24, 2025|
    Revenue: $2.33B+49.5%
    |
    EPS: $1.58-1838.2%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Sep 27, 2024|Filed: Oct 25, 2024|
    Revenue: $2.17B+49.1%
    |
    EPS: $1.45-264.8%
    Meet
  • Form 10-K - FY 2024

    Period End: Jun 28, 2024|Filed: Aug 2, 2024|
    Revenue: $6.55B-11.3%
    |
    EPS: $1.60+162.5%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Mar 29, 2024|Filed: Apr 26, 2024|
    Revenue: $1.66B-11.0%
    |
    EPS: $0.12-105.7%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Dec 29, 2023|Filed: Jan 26, 2024|
    Revenue: $1.56B-17.6%
    |
    EPS: $-0.09-43.2%
    Miss