STX Q1 2024 Earnings — Seagate Technology Holdings plc Revenue & Financial Results | Market Cap Arena

STXSeagate Technology Holdings plc

$85B

Q1 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$1.5B-28.6% YoY

Gross Profit

$149M10.2% margin

Operating Income

-$129M-8.9% margin

Net Income

-$184M-12.7% margin

EPS (Diluted)

$-0.88

QoQ Revenue Growth

-9.2%

Cash Flow

Operating Cash Flow

$127M

Free Cash Flow

$57M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$8.9B

Stockholders' Equity

-$1.7B

Cash & Equivalents

$795M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$2.0B	-28.6%
Gross Profit	$149M	$482M	-69.1%
Operating Income	-$129M	$107M	-220.6%
Net Income	-$184M	$29M	-734.5%

Geographic Segments

Asia Pacific

$811M56%

Americas

$455M31%

EMEA

$188M13%