STX

MKT CAP:$129B

Seagate Technology Holdings plc

Market Cap

$129B

Technology·Computer Hardware·🇸🇬 Singapore·NASDAQ

Technology·Computer Hardware·🇸🇬·NASDAQ

Stock Price

$591.30+$303.76 (+105.64%)

Apr 24, 2026

Company Details

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives...

CEO

William David Mosley

IPO Date

Dec 11, 2002

Website

www.seagate.com

Key Metrics TTM

Revenue

$10.1B

+25.2% YoY

Net Income

$2.0B

EPS (Diluted)

$8.84

Free Cash Flow

$1.9B

Revenue / Share

$44.31

Gross Margin

38.6%

Operating Margin

25.4%

Net Margin

19.6%

FCF Margin

18.9%

P/S

12.8x

P/E

65.3x

Earnings Reports

Q3 2026

May 5, 2026

PENDING

Q2 2026

Jan 30, 2026

$2.8B+21.5%EPS $2.60

Q1 2026

Oct 31, 2025

$2.6B+21.3%EPS $2.43

FY 2025

Aug 1, 2025

$9.1B+38.9%EPS $6.77

Q4 2025

Aug 1, 2025

$2.4B+29.5%EPS $2.24

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 22	$2.8B	$806M	$429M
Q4 22	$2.6B	$759M	$360M
Q1 23	$2.0B	$482M	$107M
Q2 23	$1.9B	$246M	-$160M
Q3 23	$1.9B	$319M	-$315M
Q4 23	$1.6B	$371M	$26M
Q1 24	$1.5B	$149M	-$129M
Q2 24	$1.6B	$362M	$124M
Q3 24	$1.7B	$425M	$143M
Q4 24	$1.9B	$600M	$314M
Q1 25	$2.2B	$714M	$403M
Q2 25	$2.3B	$812M	$488M
Q3 25	$2.2B	$760M	$431M
Q4 25	$2.4B	$914M	$568M
Q1 26	$2.6B	$1.0B	$707M
Q2 26	$2.8B	$1.2B	$846M

Valuation

Quarter	P/S	P/E
Q3 22	1.6x	10.4x
Q4 22	1.4x	9.6x
Q1 23	1.1x	9.8x
Q2 23	1.2x	18.5x
Q3 23	1.6x	—
Q4 23	1.8x	—
Q1 24	2.0x	—
Q2 24	2.6x	—
Q3 24	3.1x	—
Q4 24	3.3x	64.5x
Q1 25	3.2x	28.2x
Q2 25	2.3x	15.6x
Q3 25	2.1x	12.1x
Q4 25	3.4x	20.8x
Q1 26	5.4x	30.1x
Q2 26	6.1x	31.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	$460M	$363M
Q4 22	$180M	$108M
Q1 23	$245M	$112M
Q2 23	$251M	$172M
Q3 23	$228M	$174M
Q4 23	$218M	$168M
Q1 24	$127M	$57M
Q2 24	$169M	$99M
Q3 24	$188M	$128M
Q4 24	$434M	$380M
Q1 25	$95M	$27M
Q2 25	$221M	$150M
Q3 25	$259M	$216M
Q4 25	$508M	$425M
Q1 26	$532M	$427M
Q2 26	$723M	$828M

Capital Expenditures

Quarter	CapEx
Q3 22	$97M
Q4 22	$72M
Q1 23	$133M
Q2 23	$79M
Q3 23	$54M
Q4 23	$50M
Q1 24	$70M
Q2 24	$70M
Q3 24	$60M
Q4 24	$54M
Q1 25	$68M
Q2 25	$71M
Q3 25	$43M
Q4 25	$83M
Q1 26	$105M
Q2 26	$105M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 22	+2.6%	+1.2%
Q4 22	-12.8%	-9.5%
Q1 23	-34.7%	-23.8%
Q2 23	-39.4%	-19.3%
Q3 23	-33.6%	-8.3%
Q4 23	-39.0%	-30.5%
Q1 24	-28.6%	-17.9%
Q2 24	-17.6%	-30.1%
Q3 24	-11.0%	-30.5%
Q4 24	+17.8%	-0.2%
Q1 25	+49.1%	+11.5%
Q2 25	+49.5%	+28.4%
Q3 25	+30.5%	+14.4%
Q4 25	+29.5%	+19.3%
Q1 26	+21.3%	+8.9%
Q2 26	+21.5%	+7.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 22	$36M	1.3%
Q4 22	$39M	1.5%
Q1 23	$29M	1.4%
Q2 23	$33M	1.7%
Q3 23	$31M	1.7%
Q4 23	$22M	1.4%
Q1 24	$25M	1.7%
Q2 24	$30M	1.9%
Q3 24	$34M	2.1%
Q4 24	$38M	2.0%
Q1 25	$38M	1.8%
Q2 25	$49M	2.1%
Q3 25	$54M	2.5%
Q4 25	$59M	2.4%
Q1 26	$52M	2.0%
Q2 26	$53M	1.9%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q3 22	$233M	—	—	$141M
Q4 22	$247M	—	—	$149M
Q1 23	$234M	—	—	$129M
Q2 23	$200M	—	$125M	—
Q3 23	$191M	—	—	$123M
Q4 23	$172M	$239M	—	—
Q1 24	$171M	—	—	$105M
Q2 24	$161M	—	—	$108M
Q3 24	$164M	—	—	$116M
Q4 24	$158M	$113M	$18M	—
Q1 25	$181M	—	—	$129M
Q2 25	$184M	—	—	$139M
Q3 25	$180M	—	—	$139M
Q4 25	$179M	$133M	$21M	—
Q1 26	$186M	—	—	$144M
Q2 26	$187M	—	—	$143M

Revenue by Geography

Quarter	Americas	Asia Pacific	Emea	Netherlands	Other Countries	Singapore	United States
Q3 22	$1.2B	$1.3B	$339M	—	—	—	—
Q1 23	$936M	$801M	$298M	—	—	—	—
Q2 23	$853M	$760M	$274M	—	—	—	—
Q3 23	$799M	$774M	$287M	—	—	—	—
Q1 24	$455M	$811M	$188M	—	—	—	—
Q2 24	$544M	$777M	$234M	—	—	—	—
Q3 24	$618M	$837M	$200M	—	—	—	—
Q1 25	—	—	—	$210M	$1M	$860M	$1.1B
Q2 25	—	—	—	$231M	$1M	$1.0B	$1.1B
Q3 25	—	—	—	$222M	$1M	$847M	$1.1B
Q4 25	—	—	—	$261M	$1M	$1.0B	$1.2B

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$1.1B	$0	$1.1B
Q4 22	$615M	$2M	$617M
Q1 23	$761M	$0	$761M
Q2 23	$770M	$0	$770M
Q3 23	$766M	$0	$766M
Q4 23	$786M	$0	$786M
Q1 24	$795M	$2M	$797M
Q2 24	$787M	$0	$787M
Q3 24	$795M	$0	$795M
Q4 24	$1.4B	$0	$1.4B
Q1 25	$1.2B	$0	$1.2B
Q2 25	$1.2B	$1M	$1.2B
Q3 25	$814M	$0	$814M
Q4 25	$891M	$0	$891M
Q1 26	$1.1B	$0	$1.1B
Q2 26	$1.0B	$0	$1.0B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 22	222M	-1.3%	-6.3%
Q4 22	217M	-2.3%	-6.9%
Q1 23	210M	-3.2%	-9.1%
Q2 23	206M	-1.9%	-8.4%
Q3 23	207M	+0.5%	-6.8%
Q4 23	207M	0.0%	-4.6%
Q1 24	208M	+0.5%	-1.0%
Q2 24	209M	+0.5%	+1.5%
Q3 24	213M	+1.9%	+2.9%
Q4 24	215M	+0.9%	+3.9%
Q1 25	216M	+0.5%	+3.8%
Q2 25	217M	+0.5%	+3.8%
Q3 25	216M	-0.5%	+1.4%
Q4 25	218M	+0.9%	+1.4%
Q1 26	226M	+3.7%	+4.6%
Q2 26	227M	+0.4%	+4.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 22	$70.0K	40K
Q4 22	$65.7K	40K
Q1 23	$50.9K	40K
Q2 23	$47.2K	40K
Q3 23	$46.5K	40K
Q4 23	$48.0K	33K
Q1 24	$43.5K	33K
Q2 24	$46.6K	33K
Q3 24	$49.6K	33K
Q4 24	$62.9K	30K
Q1 25	$72.3K	30K
Q2 25	$77.5K	30K
Q3 25	$72.0K	30K
Q4 25	$81.5K	30K
Q1 26	$87.6K	30K
Q2 26	$94.2K	30K

Revenue / Employee