Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Seagate Technology (STX)

Seagate revenue rises 30% to $2.44 billion in June quarter; non-GAAP EPS $2.59

Positive Impact 3 of 5 earnings Written later

Seagate reported fiscal fourth-quarter and fiscal 2025 results on July 29, 2025. June-quarter revenue was $2.44 billion, up 30% from a year earlier, and non-GAAP EPS was $2.59, at the high end of the company's guided range. The company expects September-quarter revenue of $2.5 billion plus or minus $150 million and non-GAAP EPS of $2.30 plus or minus $0.20, and plans to resume share repurchases later this quarter.

Key points

  • Non-GAAP gross margin rose to 37.9% and non-GAAP operating margin rose to 26.2% in the June quarter.
  • Fiscal 2025 revenue grew nearly 40% to $9.1 billion, and non-GAAP EPS was $8.10.
  • Free cash flow nearly doubled to $425 million in the June quarter; gross debt was approximately $5 billion at quarter end.
  • Share repurchases are expected to resume later in the September quarter.

The filing

CompanySeagate Technology (STX)
Form8-K, current report
Filed with the SECJul 29, 2025, 8:48 PM ET
Accession number0001137789-25-000150

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.