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AI brief of an SEC Form 8-K · Seagate Technology (STX)

Seagate Reports Fiscal Q1 2027 Financial Results and Raises Quarterly Dividend

Positive Impact 4 of 5 earnings

Seagate Technology Holdings plc reported fiscal first quarter 2027 revenue of $4.2 billion and GAAP diluted earnings per share of $7.59. The company also announced a quarterly cash dividend of $0.76 per share and provided its financial outlook for the fiscal second quarter of 2027.

Key points

  • Fiscal Q1 2027 revenue reached $4.2 billion, with GAAP diluted EPS of $7.59 and non-GAAP diluted EPS of $7.68.
  • Generated $1.7 billion in operating cash flow and $1.5 billion in free cash flow during the quarter.
  • Retired $1.2 billion of principal debt during the quarter and an additional $750 million subsequently.
  • Declared a quarterly cash dividend of $0.76 per share, payable on January 7, 2027.

The filing

CompanySeagate Technology (STX)
Form8-K, current report
Filed with the SECOct 27, 2026, 4:12 PM ET
Accession number0001137789-26-000300

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

Read the filing on SEC.gov ↗

Written by AI on Oct 29, 2026, 3:00 AM ET, from this filing only.

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.