STX Q2 2023 Earnings — Seagate Technology Holdings plc Revenue & Financial Results | Market Cap Arena

STXSeagate Technology Holdings plc

$85B

Q2 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$1.9B-39.4% YoY

Gross Profit

$246M13.0% margin

Operating Income

-$160M-8.5% margin

Net Income

-$33M-1.7% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-7.3%

Cash Flow

Operating Cash Flow

$251M

Free Cash Flow

$172M

Stock-Based Comp.

$33M

Balance Sheet

Total Assets

$7.9B

Total Liabilities

$8.3B

Stockholders' Equity

-$470M

Cash & Equivalents

$770M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$3.1B	-39.4%
Gross Profit	$246M	$948M	-74.1%
Operating Income	-$160M	$580M	-127.6%
Net Income	-$33M	$501M	-106.6%

Geographic Segments

Americas

$853M45%

Asia Pacific

$760M40%

EMEA

$274M15%