STX Q1 2023 Earnings — Seagate Technology Holdings plc Revenue & Financial Results | Market Cap Arena

STXSeagate Technology Holdings plc

$85B

Q1 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$2.0B-34.7% YoY

Gross Profit

$482M23.7% margin

Operating Income

$107M5.3% margin

Net Income

$29M1.4% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

-22.6%

Cash Flow

Operating Cash Flow

$245M

Free Cash Flow

$112M

Stock-Based Comp.

$29M

Balance Sheet

Total Assets

$8.6B

Total Liabilities

$9.0B

Stockholders' Equity

-$351M

Cash & Equivalents

$761M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$3.1B	-34.7%
Gross Profit	$482M	$956M	-49.6%
Operating Income	$107M	$586M	-81.7%
Net Income	$29M	$526M	-94.5%

Geographic Segments

Americas

$936M46%

Asia Pacific

$801M39%

EMEA

$298M15%