Seagate Q2 revenue rises to $2.83 billion, GAAP EPS to $2.60; sets Q3 outlook
Seagate reported fiscal second-quarter 2026 revenue of $2.83 billion, up from $2.33 billion a year earlier, with GAAP diluted EPS of $2.60 versus $1.55. The company guided fiscal third-quarter revenue to $2.90 billion plus or minus $100 million and non-GAAP diluted EPS to $3.40 plus or minus $0.20, and declared a $0.74 quarterly dividend.
Key points
- Fiscal Q2 2026 (quarter ended January 2, 2026): revenue $2.83 billion vs. $2.33 billion a year earlier; GAAP operating margin 29.8% vs. 21.0%.
- GAAP diluted EPS $2.60 vs. $1.55; non-GAAP diluted EPS $3.11 vs. $2.03.
- Fiscal Q3 2026 guidance: revenue of $2.90 billion plus or minus $100 million; non-GAAP diluted EPS of $3.40 plus or minus $0.20.
- Quarterly cash dividend of $0.74 per share, payable April 8, 2026, to shareholders of record as of March 25, 2026.
The filing
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 January 27, 2026.
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.