Published
{
"ticker": "STX",
"cik": "0001137789",
"company": "Seagate Technology Holdings plc",
"business_type": "industrial",
"schema_template": "standard industrial/technology: revenue, cost of revenue, gross profit, operating income, net income and per-share amounts; cash, debt, assets and equity; operating cash flow, capital expenditure and free cash flow. Seagate manufactures and sells hard disk drives and storage systems and reports a single operating segment, so a product-company template fits it directly.",
"reporting_currency": "USD",
"converted_to_usd": false,
"units": "actual dollars (not millions); share counts are actual shares; per-share amounts are in dollars",
"units_notes_seen": {
"FY2026 10-K consolidated balance sheets": "(In millions)",
"FY2026 10-K consolidated statements of operations and comprehensive income": "(In millions, except per share data)",
"FY2026 10-K consolidated statements of cash flows": "(In millions)",
"FY2026 10-K consolidated statements of shareholders' equity (deficit)": "(In millions)",
"FY2026 10-K results of operations summary table (MD&A)": "(Dollars in millions)",
"FY2026 10-K revenue note, revenue by channel and by country": "(Dollars in millions)",
"Q3 FY2026 10-Q condensed consolidated balance sheets": "(In millions)",
"Q3 FY2026 10-Q condensed consolidated statements of operations": "(In millions, except per share data) (Unaudited)",
"Q3 FY2026 10-Q condensed consolidated statements of cash flows": "(In millions) (Unaudited)",
"Q3 FY2026 10-Q condensed consolidated statements of shareholders' equity (deficit)": "(In millions) (Unaudited)"
},
"adjustments": {
"splits_applied": [],
"adr_ratio": null,
"fx": "none - Seagate reports in US dollars"
},
"annual": [
{
"fiscal_year": 2026,
"label": "FY2026",
"period_start": "2025-06-28",
"period_end": "2026-07-03",
"period_type": "fiscal year (53 weeks)",
"source_accession": "0001137789-26-000159",
"income_statement": {
"revenue": 12195000000,
"cost_of_revenue": 6637000000,
"gross_profit": 5558000000,
"product_development": 755000000,
"marketing_and_administrative": 577000000,
"legal_settlement": 105000000,
"restructuring_and_other_net": 27000000,
"total_operating_expenses": 8101000000,
"operating_income": 4094000000,
"interest_income": 30000000,
"interest_expense": -284000000,
"net_gain_from_termination_of_interest_rate_swap": 0,
"net_gain_from_business_divestiture": 0,
"net_loss_from_debt_transactions": -151000000,
"other_net": 1000000,
"other_expense_net": -404000000,
"income_before_income_taxes": 3690000000,
"provision_for_income_taxes": 506000000,
"net_income": 3184000000,
"basic_eps": 14.54,
"diluted_eps": 13.9,
"basic_shares": 219000000,
"diluted_shares": 229000000
},
"balance_sheet": {
"cash_and_cash_equivalents": 1704000000,
"accounts_receivable_net": 1534000000,
"inventories_net": 1571000000,
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"property_equipment_and_leasehold_improvements_net": 2034000000,
"goodwill": 1221000000,
"deferred_income_taxes": 1105000000,
"total_assets": 9972000000,
"accounts_payable": 1748000000,
"current_portion_of_long_term_debt": 185000000,
"total_current_liabilities": 3127000000,
"long_term_debt_less_current_portion": 3380000000,
"total_liabilities": 7805000000,
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"total_debt": 3565000000
},
"cash_flow": {
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"investing_cash_flow": -525000000,
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"dividends_paid": -634000000,
"dividends_declared_per_ordinary_share": 2.94,
"repurchases_of_ordinary_shares": -176000000
},
"revenue_by_channel": {
"oems": 9819000000,
"distributors": 1638000000,
"retailers": 738000000,
"total": 12195000000
},
"revenue_by_country": {
"united_states": 6146000000,
"singapore": 4880000000,
"the_netherlands": 1165000000,
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"total": 12195000000
}
},
{
"fiscal_year": 2025,
"label": "FY2025",
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"source_accession": "0001137789-26-000159",
"income_statement": {
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"legal_settlement": 0,
"restructuring_and_other_net": 25000000,
"total_operating_expenses": 7207000000,
"operating_income": 1890000000,
"interest_income": 25000000,
"interest_expense": -321000000,
"net_gain_from_termination_of_interest_rate_swap": 0,
"net_gain_from_business_divestiture": 8000000,
"net_loss_from_debt_transactions": -7000000,
"other_net": -82000000,
"other_expense_net": -377000000,
"income_before_income_taxes": 1513000000,
"provision_for_income_taxes": 44000000,
"net_income": 1469000000,
"basic_eps": 6.93,
"diluted_eps": 6.77,
"basic_shares": 212000000,
"diluted_shares": 217000000
},
"balance_sheet": {
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"accounts_receivable_net": 959000000,
"inventories_net": 1440000000,
"total_current_assets": 3653000000,
"property_equipment_and_leasehold_improvements_net": 1657000000,
"goodwill": 1221000000,
"deferred_income_taxes": 1066000000,
"total_assets": 8023000000,
"accounts_payable": 1604000000,
"current_portion_of_long_term_debt": 0,
"total_current_liabilities": 2648000000,
"long_term_debt_less_current_portion": 4995000000,
"total_liabilities": 8476000000,
"total_equity": -453000000,
"total_debt": 4995000000
},
"cash_flow": {
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"depreciation_and_amortization": 251000000,
"share_based_compensation": 200000000,
"capex": -265000000,
"free_cash_flow": 818000000,
"investing_cash_flow": -276000000,
"financing_cash_flow": -1274000000,
"debt_redemption_and_repurchase": -1078000000,
"dividends_paid": -600000000,
"dividends_declared_per_ordinary_share": 2.86,
"repurchases_of_ordinary_shares": 0
},
"revenue_by_channel": {
"oems": 7282000000,
"distributors": 1060000000,
"retailers": 755000000,
"total": 9097000000
},
"revenue_by_country": {
"united_states": 4410000000,
"singapore": 3759000000,
"the_netherlands": 924000000,
"other": 4000000,
"total": 9097000000
}
},
{
"fiscal_year": 2024,
"label": "FY2024",
"period_start": "2023-07-01",
"period_end": "2024-06-28",
"period_type": "fiscal year (52 weeks)",
"source_accession": "0001137789-26-000159",
"income_statement": {
"revenue": 6551000000,
"cost_of_revenue": 5015000000,
"gross_profit": 1536000000,
"product_development": 654000000,
"marketing_and_administrative": 460000000,
"legal_settlement": 0,
"restructuring_and_other_net": -30000000,
"total_operating_expenses": 6099000000,
"operating_income": 452000000,
"interest_income": 15000000,
"interest_expense": -332000000,
"net_gain_from_termination_of_interest_rate_swap": 104000000,
"net_gain_from_business_divestiture": 313000000,
"net_loss_from_debt_transactions": -29000000,
"other_net": -78000000,
"other_expense_net": -7000000,
"income_before_income_taxes": 445000000,
"provision_for_income_taxes": 110000000,
"net_income": 335000000,
"basic_eps": 1.6,
"diluted_eps": 1.58,
"basic_shares": 209000000,
"diluted_shares": 212000000
},
"cash_flow": {
"operating_cash_flow": 918000000,
"depreciation_and_amortization": 264000000,
"share_based_compensation": 127000000,
"capex": -254000000,
"free_cash_flow": 664000000,
"investing_cash_flow": 126000000,
"financing_cash_flow": -473000000,
"debt_redemption_and_repurchase": -1288000000,
"dividends_paid": -585000000,
"dividends_declared_per_ordinary_share": 2.8,
"repurchases_of_ordinary_shares": 0
},
"revenue_by_channel": {
"oems": 4896000000,
"distributors": 972000000,
"retailers": 683000000,
"total": 6551000000
},
"revenue_by_country": {
"united_states": 2308000000,
"singapore": 3429000000,
"the_netherlands": 802000000,
"other": 12000000,
"total": 6551000000
}
}
],
"quarterly": [
{
"fiscal_year": 2026,
"fiscal_quarter": 4,
"label": "Q4 FY2026",
"period_start": "2026-04-04",
"period_end": "2026-07-03",
"period_type": "three months (13 weeks)",
"source_accession": "0001137789-26-000159",
"income_statement": {
"revenue": 3629000000,
"cost_of_revenue": 1731000000,
"gross_profit": 1898000000,
"product_development": 188000000,
"marketing_and_administrative": 147000000,
"legal_settlement": 0,
"restructuring_and_other_net": 4000000,
"total_operating_expenses": 2070000000,
"operating_income": 1559000000,
"interest_income": 10000000,
"interest_expense": -64000000,
"net_gain_from_termination_of_interest_rate_swap": 0,
"net_gain_from_business_divestiture": 0,
"net_loss_from_debt_transactions": -10000000,
"other_net": 10000000,
"other_expense_net": -54000000,
"income_before_income_taxes": 1505000000,
"provision_for_income_taxes": 211000000,
"net_income": 1294000000
},
"balance_sheet": {
"cash_and_cash_equivalents": 1704000000,
"accounts_receivable_net": 1534000000,
"inventories_net": 1571000000,
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"property_equipment_and_leasehold_improvements_net": 2034000000,
"goodwill": 1221000000,
"deferred_income_taxes": 1105000000,
"total_assets": 9972000000,
"accounts_payable": 1748000000,
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"total_current_liabilities": 3127000000,
"long_term_debt_less_current_portion": 3380000000,
"total_liabilities": 7805000000,
"total_equity": 2167000000,
"total_debt": 3565000000
},
"cash_flow": {
"operating_cash_flow": 1305000000,
"depreciation_and_amortization": 70000000,
"share_based_compensation": 54000000,
"capex": -187000000,
"free_cash_flow": 1118000000,
"investing_cash_flow": -156000000,
"financing_cash_flow": -591000000,
"debt_redemption_and_repurchase": -300000000,
"dividends_paid": -166000000,
"dividends_declared_per_ordinary_share": 0.74,
"repurchases_of_ordinary_shares": -117000000
},
"derivation": "Discrete fourth quarter, obtained by difference: every income-statement and cash-flow amount is the fiscal 2026 figure reported in the FY2026 10-K (accession 0001137789-26-000159) less the corresponding nine-month figure reported in the Q3 FY2026 10-Q (accession 0001137789-26-000088). Revenue, for example, is $12,195 million less $8,566 million. The balance sheet is not derived: it is the July 3, 2026 balance sheet as printed in the 10-K. No per-share amounts are stated, because weighted-average share counts cannot be differenced.",
"derived_from_accessions": [
"0001137789-26-000159",
"0001137789-26-000088"
]
},
{
"fiscal_year": 2026,
"fiscal_quarter": 3,
"label": "Q3 FY2026",
"period_start": "2026-01-03",
"period_end": "2026-04-03",
"period_type": "three months (13 weeks)",
"source_accession": "0001137789-26-000088",
"income_statement": {
"revenue": 3112000000,
"cost_of_revenue": 1665000000,
"gross_profit": 1447000000,
"product_development": 194000000,
"marketing_and_administrative": 143000000,
"legal_settlement": 105000000,
"restructuring_and_other_net": 7000000,
"total_operating_expenses": 2114000000,
"operating_income": 998000000,
"interest_income": 6000000,
"interest_expense": -68000000,
"net_loss_from_debt_transactions": -69000000,
"other_net": -3000000,
"other_expense_net": -134000000,
"income_before_income_taxes": 864000000,
"provision_for_income_taxes": 116000000,
"net_income": 748000000,
"basic_eps": 3.38,
"diluted_eps": 3.27,
"basic_shares": 221000000,
"diluted_shares": 229000000
},
"balance_sheet": {
"cash_and_cash_equivalents": 1146000000,
"accounts_receivable_net": 1197000000,
"inventories_net": 1530000000,
"total_current_assets": 4299000000,
"property_equipment_and_leasehold_improvements_net": 1852000000,
"goodwill": 1221000000,
"deferred_income_taxes": 1099000000,
"total_assets": 8892000000,
"accounts_payable": 1694000000,
"current_portion_of_long_term_debt": 398000000,
"total_current_liabilities": 3241000000,
"long_term_debt_less_current_portion": 3465000000,
"total_liabilities": 7797000000,
"total_equity": 1095000000,
"total_debt": 3863000000
},
"cash_flow": {
"dividends_declared_per_ordinary_share": 0.74
}
},
{
"fiscal_year": 2025,
"fiscal_quarter": 3,
"label": "Q3 FY2025",
"period_start": "2024-12-28",
"period_end": "2025-03-28",
"period_type": "three months (13 weeks)",
"source_accession": "0001137789-26-000088",
"income_statement": {
"revenue": 2160000000,
"cost_of_revenue": 1400000000,
"gross_profit": 760000000,
"product_development": 180000000,
"marketing_and_administrative": 139000000,
"legal_settlement": 0,
"restructuring_and_other_net": 10000000,
"total_operating_expenses": 1729000000,
"operating_income": 431000000,
"interest_income": 4000000,
"interest_expense": -77000000,
"net_loss_from_debt_transactions": -4000000,
"other_net": 1000000,
"other_expense_net": -76000000,
"income_before_income_taxes": 355000000,
"provision_for_income_taxes": 15000000,
"net_income": 340000000,
"basic_eps": 1.6,
"diluted_eps": 1.57,
"basic_shares": 212000000,
"diluted_shares": 216000000
},
"cash_flow": {
"dividends_declared_per_ordinary_share": 0.72
}
}
],
"notes": [
"The quarterly series covers the third and fourth quarters of fiscal 2026, because those are the quarters the two filings behind this record present. The Q3 FY2026 10-Q (accession 0001137789-26-000088) prints the three months ended April 3, 2026 beside the three months ended March 28, 2025, and the fourth quarter falls out of the FY2026 10-K (accession 0001137789-26-000159) as the fiscal year less the 10-Q's nine months. Seagate's first and second fiscal 2026 quarters are not carried as periods here, because neither filing presents financial statements for them. The 10-Q's management's discussion does show the December 2025 quarter's revenue, gross profit, income from operations and net income alongside the March 2026 quarter for sequential comparison, but it carries no balance sheet, no cash flow statement and no per-share amounts for that quarter, and the first quarter of fiscal 2026 is not presented at all.",
"Q4 FY2026 is derived by difference rather than printed as a column. Each line equals the fiscal-year amount less the nine-month amount: revenue of $3,629 million is $12,195 million less $8,566 million, and net income of $1,294 million is $3,184 million less $1,890 million. The derived income statement is internally consistent - revenue less total operating expenses of $2,070 million gives operating income of $1,559 million, and operating income less other expense of $54 million and tax of $211 million gives net income of $1,294 million. No fourth-quarter per-share amount is stated, because a weighted-average share count cannot be obtained by subtraction and neither filing prints a discrete fourth-quarter per-share figure.",
"Seagate's income statement does not print a gross profit line; it lists cost of revenue inside total operating expenses, so the total operating expenses figure here includes cost of revenue, exactly as the filings present it. Gross profit is revenue less cost of revenue. For fiscal 2026 and fiscal 2025 that figure is printed in the 10-K's results-of-operations summary ($5,558 million and $3,200 million); for fiscal 2024, for the quarters and for the nine-month periods it is computed the same way.",
"The 10-Q's cash flow statement is presented for the nine months only, with no three-month column, so no third-quarter cash flow figures are reported here. The nine-month cash flows are in the year-to-date block. Fourth-quarter cash flows are derived from the fiscal year less those nine months, which gives operating cash flow of $1,305 million and free cash flow of $1,118 million.",
"Free cash flow is operating cash flow less cash paid for property, equipment and leasehold improvements. Capital expenditure, investing and financing cash flows, dividends paid and share repurchases are carried with the sign the statements print - outflows are negative.",
"Total debt is the current portion of long-term debt plus long-term debt less current portion, as printed on the balance sheet: $3,565 million at July 3, 2026 against $4,995 million at June 27, 2025. Seagate retired debt through exchanges of its 2028 notes and repurchases of senior notes during fiscal 2026, and shareholders' equity moved from a $453 million deficit to positive equity of $2,167 million.",
"The 10-K's balance sheet presents two years, so fiscal 2024 carries an income statement and a cash flow statement but no balance sheet. The July 3, 2026 balance sheet appears twice - as the fiscal 2026 year-end and as the Q4 FY2026 period end - because it is the same statement.",
"Seagate's fiscal year ends on the Friday nearest June 30. Fiscal 2026 was a 53-week year ending July 3, 2026, with a 14-week first quarter; fiscal 2025 and fiscal 2024 were 52-week years. The third and fourth quarters of fiscal 2026 were 13 weeks each, so the extra week of fiscal 2026 falls outside both quarters in this record.",
"The legal settlement line is a $105 million charge recorded in the third quarter of fiscal 2026 for a settlement in principle of the consolidated securities class action, which the 10-K reports at a total of $175 million, roughly $70 million of it payable by insurers.",
"Revenue by channel and revenue by country are the disaggregations in the 10-K's revenue note, which covers all three fiscal years; the 10-Q does not disaggregate the quarters on the same basis, so those splits are carried on the fiscal years only.",
"Because this record's current period is a completed fiscal year, the trailing twelve months ended July 3, 2026 are fiscal 2026 itself, and no separate trailing-twelve-month block is stated."
],
"uncertainties": [
"Every Q4 FY2026 income-statement and cash-flow figure is a subtraction of two printed columns, not a figure either filing prints. The arithmetic is exact at the reported $1 million rounding, but a line that Seagate rounds differently in the annual and interim presentations could shift a derived amount by $1 million.",
"No discrete third-quarter cash flow figures are reported, for Q3 FY2026 or Q3 FY2025: the 10-Q publishes cash flows for the nine months only.",
"Fiscal 2024 has no balance sheet, and Q3 FY2025 has neither a balance sheet nor a cash flow statement, because the filings behind this record do not print them.",
"Dividends declared per ordinary share are read from the captions of the equity statements ($2.94, $2.86 and $2.80 for fiscal 2026, 2025 and 2024; $0.74 and $0.72 for the third quarters of fiscal 2026 and 2025). The Q4 FY2026 figure of $0.74 is the fiscal-year amount less the nine-month amount. Dividends declared are not the same as the dividends paid in the cash flow statement, which for fiscal 2026 were $634 million against $649 million declared."
],
"year_to_date": {
"label": "Nine months ended April 3, 2026",
"period_start": "2025-06-28",
"period_end": "2026-04-03",
"period_type": "nine months",
"source_accession": "0001137789-26-000088",
"income_statement": {
"revenue": 8566000000,
"cost_of_revenue": 4906000000,
"gross_profit": 3660000000,
"product_development": 567000000,
"marketing_and_administrative": 430000000,
"legal_settlement": 105000000,
"restructuring_and_other_net": 23000000,
"total_operating_expenses": 6031000000,
"operating_income": 2535000000,
"interest_income": 20000000,
"interest_expense": -220000000,
"net_loss_from_debt_transactions": -141000000,
"other_net": -9000000,
"other_expense_net": -350000000,
"income_before_income_taxes": 2185000000,
"provision_for_income_taxes": 295000000,
"net_income": 1890000000,
"basic_eps": 8.71,
"diluted_eps": 8.29,
"basic_shares": 217000000,
"diluted_shares": 228000000
},
"cash_flow": {
"operating_cash_flow": 2369000000,
"depreciation_and_amortization": 206000000,
"share_based_compensation": 159000000,
"capex": -382000000,
"free_cash_flow": 1987000000,
"investing_cash_flow": -369000000,
"financing_cash_flow": -1746000000,
"debt_redemption_and_repurchase": -1142000000,
"dividends_paid": -468000000,
"dividends_declared_per_ordinary_share": 2.2,
"repurchases_of_ordinary_shares": -59000000
}
},
"prior_year_to_date": {
"label": "Nine months ended March 28, 2025",
"period_start": "2024-06-29",
"period_end": "2025-03-28",
"period_type": "nine months",
"source_accession": "0001137789-26-000088",
"income_statement": {
"revenue": 6653000000,
"cost_of_revenue": 4367000000,
"gross_profit": 2286000000,
"product_development": 545000000,
"marketing_and_administrative": 407000000,
"legal_settlement": 0,
"restructuring_and_other_net": 12000000,
"total_operating_expenses": 5331000000,
"operating_income": 1322000000,
"interest_income": 19000000,
"interest_expense": -246000000,
"net_loss_from_debt_transactions": -4000000,
"other_net": -70000000,
"other_expense_net": -301000000,
"income_before_income_taxes": 1021000000,
"provision_for_income_taxes": 40000000,
"net_income": 981000000,
"basic_eps": 4.65,
"diluted_eps": 4.52,
"basic_shares": 211000000,
"diluted_shares": 217000000
},
"cash_flow": {
"operating_cash_flow": 575000000,
"depreciation_and_amortization": 190000000,
"share_based_compensation": 141000000,
"capex": -182000000,
"free_cash_flow": 393000000,
"investing_cash_flow": -146000000,
"financing_cash_flow": -973000000,
"debt_redemption_and_repurchase": -531000000,
"dividends_paid": -447000000,
"dividends_declared_per_ordinary_share": 2.14,
"repurchases_of_ordinary_shares": 0
}
},
"headline": {
"period": "FY2026",
"period_end_words": "July 3, 2026",
"metrics": [
{
"label": "Revenue",
"format": "usd",
"value": 12195000000,
"text": "$12.20 billion",
"exact": "$12,195,000,000",
"compact": "$12.20B",
"abs": "$12.20 billion",
"prior_value": 9097000000,
"prior": "$9.10 billion",
"priorabs": "$9.10 billion",
"yoy": "up 34.1%",
"source": {
"array": "annual",
"field": "income_statement.revenue",
"index": 0,
"period_label": "FY2026",
"period_end": "2026-07-03",
"period_start": "2025-06-28",
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"source_accession": "0001137789-26-000159",
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"prior_source_accession": "0001137789-26-000159",
"gap_days": 371
}
},
{
"label": "Net income",
"format": "usd",
"value": 3184000000,
"text": "$3.18 billion",
"exact": "$3,184,000,000",
"compact": "$3.18B",
"abs": "$3.18 billion",
"prior_value": 1469000000,
"prior": "$1.47 billion",
"priorabs": "$1.47 billion",
"yoy": "up 116.7%",
"source": {
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"field": "income_statement.net_income",
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},
{
"label": "Diluted EPS",
"format": "eps",
"value": 13.9,
"text": "$13.90",
"exact": "$13.90",
"compact": "$13.90",
"abs": "$13.90",
"prior_value": 6.77,
"prior": "$6.77",
"priorabs": "$6.77",
"yoy": "up 105.3%",
"source": {
"array": "annual",
"field": "income_statement.diluted_eps",
"index": 0,
"period_label": "FY2026",
"period_end": "2026-07-03",
"period_start": "2025-06-28",
"span_days": 370,
"source_accession": "0001137789-26-000159",
"prior_index": 1,
"prior_period_label": "FY2025",
"prior_period_end": "2025-06-27",
"prior_period_start": "2024-06-29",
"prior_span_days": 363,
"prior_source_accession": "0001137789-26-000159",
"gap_days": 371
}
},
{
"label": "Gross profit",
"format": "usd",
"value": 5558000000,
"text": "$5.56 billion",
"exact": "$5,558,000,000",
"compact": "$5.56B",
"abs": "$5.56 billion",
"prior_value": 3200000000,
"prior": "$3.2 billion",
"priorabs": "$3.2 billion",
"yoy": "up 73.7%",
"source": {
"array": "annual",
"field": "income_statement.gross_profit",
"index": 0,
"period_label": "FY2026",
"period_end": "2026-07-03",
"period_start": "2025-06-28",
"span_days": 370,
"source_accession": "0001137789-26-000159",
"prior_index": 1,
"prior_period_label": "FY2025",
"prior_period_end": "2025-06-27",
"prior_period_start": "2024-06-29",
"prior_span_days": 363,
"prior_source_accession": "0001137789-26-000159",
"gap_days": 371
}
},
{
"label": "Operating cash flow",
"format": "usd",
"value": 3674000000,
"text": "$3.67 billion",
"exact": "$3,674,000,000",
"compact": "$3.67B",
"abs": "$3.67 billion",
"prior_value": 1083000000,
"prior": "$1.08 billion",
"priorabs": "$1.08 billion",
"yoy": "up 239.2%",
"source": {
"array": "annual",
"field": "cash_flow.operating_cash_flow",
"index": 0,
"period_label": "FY2026",
"period_end": "2026-07-03",
"period_start": "2025-06-28",
"span_days": 370,
"source_accession": "0001137789-26-000159",
"prior_index": 1,
"prior_period_label": "FY2025",
"prior_period_end": "2025-06-27",
"prior_period_start": "2024-06-29",
"prior_span_days": 363,
"prior_source_accession": "0001137789-26-000159",
"gap_days": 371
}
}
],
"summary": "Seagate Technology Holdings plc reported $12.20 billion in revenue for FY2026, the 53-week fiscal year ended July 3, 2026, up 34.1% from a year earlier, and net income of $3.18 billion, up 116.7%. Seagate attributed the revenue increase mainly to higher nearline exabyte shipments into cloud and other data center demand and to its own pricing actions, and gross profit of $5.56 billion grew faster than revenue, up 73.7%. Diluted earnings per share were $13.90, up 105.3%, and cash provided by operating activities was $3.67 billion, up 239.2%.",
"qa": [
{
"q": "How much revenue did Seagate report in FY2026?",
"a": "Seagate Technology Holdings plc reported $12.20 billion in revenue for FY2026, the 53-week fiscal year ended July 3, 2026. That is up 34.1% from $9.10 billion in fiscal 2025, an increase Seagate attributed mainly to higher nearline exabyte shipments and to pricing actions it took during the year."
},
{
"q": "What was Seagate's net income and earnings per share in FY2026?",
"a": "Seagate Technology Holdings plc earned net income of $3.18 billion in FY2026, up 116.7% from $1.47 billion a year earlier, and diluted earnings per share of $13.90 against $6.77 in fiscal 2025."
},
{
"q": "Why did Seagate's profit rise so much in FY2026?",
"a": "Seagate Technology Holdings plc grew gross profit to $5.56 billion in FY2026, up 73.7%, far outpacing revenue of $12.20 billion, which was up 34.1%. Seagate credited pricing actions and a mix shift toward higher-capacity products, with operating expenses rising only modestly, so most of the additional gross profit carried through to net income of $3.18 billion."
},
{
"q": "How much cash did Seagate generate from operations in FY2026?",
"a": "Seagate Technology Holdings plc generated $3.67 billion of cash from operating activities in FY2026, up 239.2% from $1.08 billion in fiscal 2025, as net income of $3.18 billion converted into cash despite a build in receivables and inventory."
}
]
},
"company_details": {
"Name": "Seagate Technology Holdings plc",
"Ticker": "STX",
"CIK": "0001137789",
"Exchange": "Nasdaq",
"State": "Singapore",
"Incorporation": "",
"SIC": "3572",
"Office": "Technology",
"Industry": "Computer Storage Devices"
},
"next_filing": {
"predicted_date": "2026-10-30",
"predicted_type": "10-Q"
},
"fiscal_period": {
"fiscal_year": 2026,
"fiscal_period": "FY",
"tag": "FY26",
"period_end": "2026-07-03",
"form": "10-K",
"accession": "0001137789-26-000159",
"fiscal_year_end": "0627",
"source": "facts"
},
"source_filings": [
{
"role": "annual",
"current": true,
"form": "10-K",
"fiscal_year": 2026,
"fiscal_period": "FY",
"tag": "FY26",
"period_end": "2026-07-03",
"filed": "2026-08-04",
"accession": "0001137789-26-000159",
"url": "https://www.sec.gov/Archives/edgar/data/1137789/000113778926000159/0001137789-26-000159-index.htm",
"source": "facts"
}
]
}