Seagate Technology Holdings plc (STX) income statement
NASDAQ · Technology · Computer Hardware · 30,000 employees · CEO William David Mosley
- Price
- $644.58 -7.98%
- Market cap
- $147B
- Enterprise value
- $148B
- Last report
- Q1 '27 filed 2026-10-29
- Next report
- 2027-01-27 EPS est. $9.19
Seagate Technology Holdings plc (STX) reported revenue of $4.23B for Q1 '27 (+61.0% year on year), operating income of $2.06B (48.8% of revenue) and net income of $1.76B. Over the last four quarters revenue was $13.8B.
Income statement
| Income statement | Trend | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.56B | $1.66B | $1.89B | $2.17B | $2.33B | $2.16B | $2.44B | $2.63B | $2.83B | $3.11B | $3.63B | $4.23B | |
| Cost of revenue | $1.19B | $1.23B | $1.29B | $1.45B | $1.51B | $1.4B | $1.53B | $1.59B | $1.65B | $1.67B | $1.73B | $1.81B | |
| Gross profit | $362M | $425M | $600M | $714M | $812M | $760M | $914M | $1.04B | $1.18B | $1.45B | $1.9B | $2.43B | |
| Research & development | $161M | $164M | $158M | $181M | $184M | $180M | $179M | $186M | $187M | $194M | $188M | $200M | |
| Sales & marketing | $0 | $0 | $18M | $0 | $0 | $0 | $21M | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $0 | $0 | $113M | $0 | $0 | $0 | $133M | $0 | $0 | $143M | $0 | $159M | |
| Other operating expenses | -$31M | $2M | -$3M | $1M | $1M | $10M | $13M | $0 | $0 | $112M | $20M | $4M | |
| Operating expenses | $238M | $282M | $286M | $311M | $324M | $329M | $346M | $330M | $330M | $449M | $355M | $363M | |
| Operating income | $124M | $143M | $314M | $403M | $488M | $431M | $568M | $707M | $846M | $998M | $1.54B | $2.06B | |
| Interest income | $3M | $3M | $7M | $7M | $8M | $4M | $6M | $7M | $7M | $6M | $10M | $7M | |
| Interest expense | $84M | $82M | $82M | $85M | $84M | $77M | $75M | $80M | $72M | $68M | $64M | $41M | |
| Other non-operating income (gains on investments, FX ...) | $30M | $3M | -$306M | $2M | $54M | -$1M | $1M | $13M | $67M | -$72M | $112M | $41M | |
| Total non-operating income | -$128M | -$85M | $224M | -$87M | -$138M | -$76M | -$76M | -$93M | -$139M | -$134M | -$38M | -$82M | |
| Income before tax | -$4M | $58M | $538M | $316M | $350M | $355M | $492M | $614M | $707M | $864M | $1.51B | $1.98B | |
| Income tax | $15M | $33M | $25M | $11M | $14M | $15M | $4M | $65M | $114M | $116M | $211M | $221M | |
| Net income | -$19M | $25M | $513M | $305M | $336M | $340M | $488M | $549M | $593M | $748M | $1.29B | $1.76B | |
| EPS (basic) | -$0.09 | $0.12 | $2.44 | $1.45 | $1.58 | $1.60 | $2.30 | $2.58 | $2.75 | $3.38 | $5.83 | $7.72 | |
| EPS (diluted) | -$0.09 | $0.12 | $2.39 | $1.41 | $1.55 | $1.57 | $2.24 | $2.43 | $2.60 | $3.27 | $5.60 | $7.59 | |
| Shares (basic, weighted) | 209M | 210M | 210M | 211M | 212M | 212M | 212M | 213M | 215M | 221M | 219M | 228M | |
| Shares (diluted, weighted) | 209M | 213M | 215M | 216M | 217M | 216M | 218M | 226M | 227M | 229M | 229M | 232M | |
| Depreciation & amortization | $62M | $63M | $63M | $64M | $63M | $63M | $61M | $72M | $68M | $66M | $70M | $76M | |
| EBITDA | $156M | $203M | $683M | $465M | $497M | $495M | $628M | $766M | $847M | $1.14B | $1.5B | $2.1B |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.8B | $11.2B | $10.4B | $10.5B | $10.7B | $11.7B | $7.38B | $6.55B | $9.1B | $12.2B | |
| Cost of revenue | $7.6B | $7.82B | $7.46B | $7.67B | $7.76B | $8.19B | $5.97B | $5.02B | $5.9B | $6.64B | |
| Gross profit | $3.17B | $3.36B | $2.93B | $2.84B | $2.92B | $3.47B | $1.42B | $1.54B | $3.2B | $5.56B | |
| Research & development | $1.23B | $1.03B | $991M | $973M | $903M | $941M | $797M | $654M | $724M | $755M | |
| Sales & marketing | $0 | $0 | $0 | $19M | $0 | $34M | $30M | $18M | $21M | $577M | |
| General & administrative | $0 | $0 | $0 | $454M | $0 | $525M | $461M | $442M | $540M | $0 | |
| Other operating expenses | $282M | $142M | $1M | $96M | $20M | $11M | $472M | -$30M | $25M | $132M | |
| Operating expenses | $2.12B | $1.73B | $1.45B | $1.54B | $1.43B | $1.51B | $1.76B | $1.08B | $1.31B | $1.46B | |
| Operating income | $1.05B | $1.63B | $1.49B | $1.3B | $1.49B | $1.96B | -$342M | $452M | $1.89B | $4.09B | |
| Interest income | $12M | $38M | $84M | $20M | $2M | $2M | $10M | $15M | $25M | $30M | |
| Interest expense | $222M | $236M | $224M | $201M | $220M | $249M | $313M | $332M | $321M | $284M | |
| Other non-operating income (gains on investments, FX ...) | $17M | -$20M | -$109M | $67M | -$76M | $27M | -$159M | -$325M | $56M | $120M | |
| Total non-operating income | -$239M | -$216M | -$115M | -$268M | -$144M | -$276M | -$154M | -$7M | -$377M | -$404M | |
| Income before tax | $815M | $1.42B | $1.37B | $1.03B | $1.35B | $1.68B | -$496M | $445M | $1.51B | $3.69B | |
| Income tax | $43M | $236M | -$640M | $28M | $34M | $30M | $33M | $110M | $44M | $506M | |
| Net income | $772M | $1.18B | $2.01B | $1B | $1.31B | $1.65B | -$529M | $335M | $1.47B | $3.18B | |
| EPS (basic) | $2.61 | $4.10 | $7.13 | $3.83 | $5.43 | $7.50 | -$2.56 | $1.60 | $6.93 | $14.54 | |
| EPS (diluted) | $2.58 | $4.05 | $7.06 | $3.79 | $5.36 | $7.36 | -$2.56 | $1.58 | $6.77 | $13.90 | |
| Shares (basic, weighted) | 296M | 288M | 282M | 262M | 242M | 220M | 207M | 209M | 212M | 219M | |
| Shares (diluted, weighted) | 299M | 292M | 285M | 265M | 245M | 224M | 207M | 212M | 217M | 229M | |
| Depreciation & amortization | $749M | $598M | $541M | $379M | $397M | $451M | $513M | $264M | $251M | $276M | |
| EBITDA | $1.79B | $2.25B | $2.14B | $1.61B | $1.97B | $2.38B | $330M | $1.04B | $2.09B | $4.25B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-10-02, 10-K 2026-07-03, 10-Q 2026-04-03, 10-Q 2026-01-02, 10-Q 2025-10-03, 10-K 2025-06-27, 10-Q 2025-03-28, 10-Q 2024-12-27, 10-Q 2024-09-27
Data as of 2026-11-01