Seagate Technology (STX)

Nasdaq Information Technology Technology Hardware, Storage & Peripherals S&P 500Nasdaq-100

$460.99

-5.54 (-1.19%)

Close of Nov 06, 2026 · end-of-day data

Source: Seagate Technology's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$10.77B	$11.18B	$10.39B	$10.51B	$10.68B	$11.66B	$7.38B	$6.55B	$9.10B	$12.20B
Cost of revenue	$7.60B	$7.82B	$7.46B	$7.67B	$7.76B	$8.19B	$6.03B	$5.01B	$5.90B	$6.64B
Gross profit	$3.17B	$3.36B	$2.93B	$2.84B	$2.92B	$3.47B	$1.35B	$1.54B	$3.20B	$5.56B
Research & development	$1.23B	$1.03B	$991.00M	$973.00M	$903.00M	$941.00M	$797.00M	$654.00M	$724.00M	$755.00M
Selling, general & admin	$606.00M	$562.00M	$453.00M	$473.00M	$502.00M	$559.00M	$491.00M	$460.00M	$561.00M	$577.00M
Operating income	$1.05B	$1.63B	$1.49B	$1.30B	$1.49B	$1.96B	-$342.00M	$452.00M	$1.89B	$4.09B
Interest expense	$222.00M	$236.00M	$224.00M	$201.00M	$220.00M	$249.00M	$313.00M	$332.00M	$321.00M	$284.00M
Pre-tax income	$815.00M	$1.42B	$1.37B	$1.03B	$1.35B	$1.68B	-$496.00M	$445.00M	$1.51B	$3.69B
Income tax	$43.00M	$236.00M	-$640.00M	$28.00M	$34.00M	$30.00M	$33.00M	$110.00M	$44.00M	$506.00M
Net income	$772.00M	$1.18B	$2.01B	$1.00B	$1.31B	$1.65B	-$529.00M	$335.00M	$1.47B	$3.18B
EBITDA	$1.80B	$2.23B	$2.03B	$1.68B	$1.89B	$2.41B	$171.00M	$716.00M	$2.14B	$4.37B
EPS (basic)	$2.61	$4.10	$7.13	$3.83	$5.43	$7.50	$-2.56	$1.60	$6.93	$14.54
EPS (diluted)	$2.58	$4.05	$7.06	$3.79	$5.36	$7.36	$-2.56	$1.58	$6.77	$13.90
Diluted shares	299.00M	292.00M	285.00M	265.00M	245.00M	224.00M	207.00M	212.00M	217.00M	229.00M
Gross margin	29.5%	30.1%	28.2%	27.0%	27.3%	29.7%	18.3%	23.4%	35.2%	45.6%
Operating margin	9.8%	14.6%	14.3%	12.4%	14.0%	16.8%	-4.6%	6.9%	20.8%	33.6%
Net margin	7.2%	10.6%	19.4%	9.6%	12.3%	14.1%	-7.2%	5.1%	16.1%	26.1%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$2.54B	$1.85B	$2.22B	$1.72B	$1.21B	$615.00M	$786.00M	$1.36B	$891.00M	$1.70B
Receivables	$1.20B	$1.18B	$989.00M	$1.11B	$1.16B	$1.53B	$621.00M	$429.00M	$959.00M	$1.53B
Inventory	$982.00M	$1.05B	$970.00M	$1.14B	$1.20B	$1.56B	$1.14B	$1.24B	$1.44B	$1.57B
Total current assets	$5.04B	$4.31B	$4.36B	$4.11B	$3.78B	$4.03B	$2.90B	$3.33B	$3.65B	$5.22B
Goodwill	$1.24B	$1.24B	$1.24B	$1.24B	$1.24B	$1.24B	$1.24B	$1.22B	$1.22B	$1.22B
Total assets	$9.27B	$9.41B	$8.88B	$8.93B	$8.68B	$8.94B	$7.56B	$7.74B	$8.02B	$9.97B
Total current liabilities	$2.63B	$3.19B	$2.23B	$2.72B	$2.92B	$3.56B	$2.59B	$3.10B	$2.65B	$3.13B
Short-term debt	$0	$499.00M	$0	$19.00M	$245.00M	$584.00M	$63.00M	$479.00M	$0	$185.00M
Long-term debt	$5.02B	$4.32B	$4.25B	$4.16B	$4.89B	$5.06B	$5.39B	$5.20B	$5.00B	$3.38B
Total debt	$5.02B	$4.82B	$4.25B	$4.17B	$5.14B	$5.65B	$5.45B	$5.67B	$5.00B	$3.56B
Total liabilities	$7.90B	$7.75B	$6.72B	$7.14B	$8.04B	$8.84B	$8.76B	$9.23B	$8.48B	$7.80B
Shareholders' equity	$1.36B	$1.67B	$2.16B	$1.79B	$631.00M	$109.00M	-$1.20B	-$1.49B	-$453.00M	$2.17B

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$1.92B	$2.11B	$1.76B	$1.71B	$1.63B	$1.66B	$942.00M	$918.00M	$1.08B	$3.67B
Capital expenditures	$434.00M	$366.00M	$602.00M	$585.00M	$498.00M	$381.00M	$316.00M	$254.00M	$265.00M	$569.00M
Free cash flow	$1.48B	$1.75B	$1.16B	$1.13B	$1.13B	$1.28B	$626.00M	$664.00M	$818.00M	$3.10B
Investing cash flow	-$459.00M	-$1.59B	$846.00M	-$635.00M	-$466.00M	-$352.00M	$217.00M	$126.00M	-$276.00M	-$525.00M
Financing cash flow	-$46.00M	-$1.21B	-$2.21B	-$1.60B	-$1.67B	-$1.90B	-$988.00M	-$473.00M	-$1.27B	-$2.34B
Dividends paid	$561.00M	$726.00M	$713.00M	$673.00M	$649.00M	$610.00M	$582.00M	$585.00M	$600.00M	$634.00M
Share buybacks	$460.00M	$361.00M	$963.00M	$850.00M	$2.05B	$1.80B	$408.00M	$0	$0	$176.00M
Stock-based compensation	$137.00M	$112.00M	$99.00M	$109.00M	$112.00M	$145.00M	$115.00M	$127.00M	$200.00M	$213.00M
Depreciation & amortization	$749.00M	$598.00M	$541.00M	$379.00M	$397.00M	$451.00M	$513.00M	$264.00M	$251.00M	$276.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026	Oct 2026
Revenue	$1.55B	$1.66B	$1.89B	$2.17B	$2.33B	$2.16B	$2.44B	$2.63B	$2.83B	$3.11B	$3.63B	$4.23B
Cost of revenue	$1.19B	$1.23B	$1.29B	$1.45B	$1.51B	$1.40B	$1.53B	$1.59B	$1.65B	$1.67B	$1.73B	$1.81B
Gross profit	$362.00M	$425.00M	$600.00M	$714.00M	$812.00M	$760.00M	$914.00M	$1.04B	$1.18B	$1.45B	$1.90B	$2.43B
Research & development	$161.00M	$164.00M	$158.00M	$181.00M	$184.00M	$180.00M	$179.00M	$186.00M	$187.00M	$194.00M	$188.00M	$200.00M
Selling, general & admin	$108.00M	$116.00M	$131.00M	$129.00M	$139.00M	$139.00M	$154.00M	$144.00M	$143.00M	$143.00M	$147.00M	$159.00M
Operating income	$124.00M	$143.00M	$314.00M	$403.00M	$488.00M	$431.00M	$568.00M	$694.00M	$843.00M	$998.00M	$1.56B	$2.06B
Interest expense	$84.00M	$82.00M	$82.00M	$85.00M	$84.00M	$77.00M	$75.00M	$80.00M	$72.00M	$68.00M	$64.00M	$41.00M
Pre-tax income	-$4.00M	$58.00M	$538.00M	$316.00M	$350.00M	$355.00M	$492.00M	$614.00M	$707.00M	$864.00M	$1.50B	$1.98B
Income tax	$15.00M	$33.00M	$25.00M	$11.00M	$14.00M	$15.00M	$4.00M	$65.00M	$114.00M	$116.00M	$211.00M	$221.00M
Net income	-$19.00M	$25.00M	$513.00M	$305.00M	$336.00M	$340.00M	$488.00M	$549.00M	$593.00M	$748.00M	$1.29B	$1.76B
EBITDA	$186.00M	$206.00M	$377.00M	$467.00M	$551.00M	$494.00M	$629.00M	$766.00M	$911.00M	$1.06B	$1.63B	$2.14B
EPS (basic)	$-0.09	$0.12	$2.45	$1.45	$1.58	$1.60	$2.28	$2.58	$2.75	$3.38	$5.83	$7.72
EPS (diluted)	$-0.09	$0.12	$2.43	$1.41	$1.55	$1.57	$2.25	$2.43	$2.60	$3.27	$5.61	$7.59
Diluted shares	209.00M	213.00M	3.00M	216.00M	217.00M	216.00M	0	226.00M	228.00M	229.00M	1.00M	232.00M
Gross margin	23.3%	25.7%	31.8%	32.9%	34.9%	35.2%	37.4%	39.4%	41.6%	46.5%	52.3%	57.3%
Operating margin	8.0%	8.6%	16.6%	18.6%	21.0%	20.0%	23.2%	26.4%	29.8%	32.1%	43.0%	48.8%
Net margin	-1.2%	1.5%	27.2%	14.1%	14.5%	15.7%	20.0%	20.9%	21.0%	24.0%	35.7%	41.6%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026	Oct 2026
Cash & equivalents	$787.00M	$795.00M	$1.36B	$1.24B	$1.24B	$814.00M	$891.00M	$1.11B	$1.05B	$1.15B	$1.70B	$1.26B
Receivables	$471.00M	$332.00M	$429.00M	$628.00M	$587.00M	$622.00M	$959.00M	$1.07B	$1.25B	$1.20B	$1.53B	$1.82B
Inventory	$1.05B	$1.19B	$1.24B	$1.38B	$1.47B	$1.47B	$1.44B	$1.50B	$1.50B	$1.53B	$1.57B	$1.70B
Total current assets	$2.63B	$2.62B	$3.33B	$3.61B	$3.66B	$3.28B	$3.65B	$4.03B	$4.21B	$4.30B	$5.22B	$5.40B
Goodwill	$1.24B	$1.24B	$1.22B	$1.22B	$1.22B	$1.22B	$1.22B	$1.22B	$1.22B	$1.22B	$1.22B	$1.22B
Total assets	$7.15B	$7.10B	$7.74B	$7.97B	$7.96B	$7.56B	$8.02B	$8.44B	$8.71B	$8.89B	$9.97B	$10.33B
Total current liabilities	$2.53B	$3.06B	$3.10B	$3.16B	$2.97B	$2.41B	$2.65B	$4.12B	$3.76B	$3.24B	$3.13B	$2.97B
Short-term debt	$0	$479.00M	$479.00M	$479.00M	$479.00M	$0	$0	$1.50B	$998.00M	$398.00M	$185.00M	$0
Long-term debt	$5.67B	$5.19B	$5.20B	$5.20B	$5.20B	$5.15B	$5.00B	$3.50B	$3.50B	$3.46B	$3.38B	$2.35B
Total debt	$5.67B	$5.67B	$5.67B	$5.68B	$5.68B	$5.15B	$5.00B	$4.99B	$4.50B	$3.86B	$3.56B	$2.35B
Total liabilities	$8.96B	$8.98B	$9.23B	$9.27B	$9.04B	$8.39B	$8.48B	$8.51B	$8.25B	$7.80B	$7.80B	$6.87B
Shareholders' equity	-$1.81B	-$1.89B	-$1.49B	-$1.30B	-$1.08B	-$829.00M	-$453.00M	-$63.00M	$459.00M	$1.09B	$2.17B	$3.45B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026	Oct 2026
Operating cash flow	$169.00M	$188.00M	$434.00M	$95.00M	$221.00M	$259.00M	$508.00M	$532.00M	$723.00M	$1.11B	$1.30B	$1.69B
Capital expenditures	$70.00M	$60.00M	$54.00M	$68.00M	$71.00M	$43.00M	$83.00M	$105.00M	$116.00M	$161.00M	$187.00M	$211.00M
Free cash flow	$99.00M	$128.00M	$380.00M	$27.00M	$150.00M	$216.00M	$425.00M	$427.00M	$607.00M	$953.00M	$1.12B	$1.48B
Investing cash flow	-$35.00M	-$52.00M	$283.00M	-$68.00M	-$70.00M	-$8.00M	-$130.00M	-$90.00M	-$116.00M	-$163.00M	-$156.00M	-$211.00M
Financing cash flow	-$142.00M	-$128.00M	-$154.00M	-$146.00M	-$152.00M	-$675.00M	-$301.00M	-$221.00M	-$673.00M	-$852.00M	-$591.00M	-$1.81B
Dividends paid	$146.00M	$147.00M	$147.00M	$147.00M	$148.00M	$152.00M	$153.00M	$153.00M	$154.00M	$161.00M	$166.00M	$168.00M
Share buybacks	$0	$0	$0	$0	$0	$0	$0	$29.00M	$0	$30.00M	$117.00M	$400.00M
Stock-based compensation	$30.00M	$34.00M	$38.00M	$38.00M	$49.00M	$54.00M	$59.00M	$52.00M	$53.00M	$54.00M	$54.00M	$63.00M
Depreciation & amortization	$62.00M	$63.00M	$63.00M	$64.00M	$63.00M	$63.00M	$61.00M	$72.00M	$68.00M	$66.00M	$70.00M	$76.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.