Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Product development

Marketing and administrative

Amortization of intangibles

Restructuring and other, net

BIS settlement penalty

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Seagate Technology Holdings PLC

LaCie is a French computer hardware company specializing in external hard drives, RAID arrays, optical drives, Flash Drives, and computer monitors. The company markets several lines of hard drives with a capacity of up to many terabytes of data, with a choice of interfaces (FireWire 400, FireWire 800, eSATA, USB 2.0, USB 3.0, Thunderbolt, and Ethernet). LaCie also has a series of mobile bus-powered hard drives.

LaCie

Seagate Technology PLC (commonly referred to as Seagate) is an American data storage company. It was incorporated in 1978, as Shugart Technology. Since 2010, the company is incorporated in Dublin, Ireland, with operational headquarters in Cupertino, California, United States.

Seagate Technology PLC

Seagate Technology Holdings Plc operates as holding company that is engaged in the development, production, and distribution of data storage products and electronic data storage solutions. Its products include hard disk drives, solid state hybrid drives, solid state drives, peripheral component interconnect express cards, serial advanced technology attachment controllers, storage subsystems and computing solutions. The firm offers its products under the Backup Plus and Expansion product lines, and Maxtor and LaCie brands. The company was founded in 1978 and is headquartered in Fremont, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Seagate reports Q1 revenue of $1.86B, prioritizes HAMR investments

Seagate's Q1 performance reflects a focus on managing market pressures and restructuring initiatives. The company is prioritizing investments in the HAMR product roadmap and expressing confidence in its ability to navigate the tough market environment. Seagate is cautious about the nearline capacity shift trends and is focused on improving its cost structure.

Seagate Technology surpasses Q2 expectations amidst industry challenges

Seagate Technology navigated through macroeconomic challenges, focusing on cost management, technology advancements, and long-term value creation. Despite facing headwinds, the company is optimistic about sales improvement and product developments. Stable pricing and disciplined production provide a favorable market environment.

Seagate tackles market challenges with cost reductions and tech focus

Seagate is navigating market challenges through cost reductions and HAMR technology focus.
Confidence in long-term growth potential with cost-saving measures and margin improvement strategies.
Anticipated volume ramp for HAMR technology in 2024 signals future profitability.
Despite short-term setbacks, Seagate is positioning for recovery and improved margins.

Seagate reports Q4 revenue, focuses on AI growth opportunities

Seagate Technology's Q4 performance reflects revenue of $1.6 billion, a non-GAAP loss per share of $0.18, and positive free cash flow, amidst cost reductions and product development milestones.
The company faces challenges in market conditions and soft demand but remains resilient through strategic responses and a focus on AI-driven growth opportunities.
Seagate's strengths lie in financial adaptability, product innovation, and positioning for long-term success in the evolving storage solutions landscape.
With a proactive stance towards market dynamics and a strategic focus on AI and product development, Seagate aims to navigate challenges and leverage growth opportunities in mass capacity storage.

Seagate Technology reports Q1 loss, eyes growth in mass capacity

Seagate Technology is focused on cash flow generation, balance sheet strength, and executing its mass capacity product roadmap. The company anticipates slight sales growth in mass capacity for the December quarter and expects revenue around $1.55 billion. Confidence in HAMR technology and gross margin improvement are key drivers for future success.

Seagate exceeds Q2 earnings, focuses on tech innovation for growth

Seagate Technology Holdings PLC's Q2 2024 earnings call highlighted strong financial performance, technological advancements, and strategic initiatives to drive profitability and margin improvement. While facing challenges in supply stabilization and demand dynamics, the company is optimistic about sequential margin improvement through 2024. Seagate's focus on innovation, cost controls, and customer relationships positions it well for future growth and profitability.

Seagate reports solid Q3 results, eyes margin expansion and AI opportunities

Seagate's Q3 performance reflects solid financial results and optimism for margin expansion driven by demand recovery and product transitions.
Despite challenges like temporary HAMR technology slowdown, the company's strengths in high-capacity products and AI applications position it well for growth.
Opportunities in AI-driven applications, demand recovery, and product strategies align with Seagate's focus on financial predictability and controlled supply.
Overall, Seagate's strategic initiatives and financial outlook indicate a positive trajectory for improved performance in a recovering demand environment.

Seagate Technology (STX) excels in Q4, eyes growth through innovation

Seagate's Q4 performance reflects strong revenue growth, margin improvement, and strategic focus on profitability and product innovation. While challenges exist in managing capacity and technology transitions, the company is well-positioned to capitalize on opportunities in expanding markets and drive continued growth.

Seagate reports stellar Q1 results, eyes growth amid tech advancements

Seagate Technology delivered exceptional financial performance in Q1 2025, surpassing revenue and profit expectations while demonstrating strong gross margin expansion.
The company's focus on dividends, revenue growth potential, and technological advancements highlights its resilience and strategic positioning in the market.
Despite challenges in a competitive landscape, Seagate's opportunities lie in addressing evolving storage needs, managing supply-demand dynamics effectively, and leveraging market trends for growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LOS ANGELES--(BUSINESS WIRE)---- $STX #STX--The Schall Law Firm Announces it is Investigating Claims Against Seagate Technology Holdings plc and Encourages Investors to Contact the Firm

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Seagate Technology Holdings plc and Encourages Investors with Losses to Contact the Firm

Seagate Technology Holdings plc (STX) Q3 2023 Earnings Call Transcript.

Seagate Technology Holdings plc (STX) Q3 2023 Earnings Call Transcript

Seagate's (STX) third-quarter fiscal 2023 performance hit by elongated customer inventory correction.

Seagate (STX) Swings to Loss in Q3, Revenues Decline Y/Y

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Seagate Technology Holdings plc (NASDAQ: STX) resulting from allegations that Seagate may have issued materially misleading business information to the investing public.

EQUITY ALERT: ROSEN, NATIONAL TRIAL COUNSEL, Encourages Seagate Technology Holdings plc Investors to Inquire About Securities Class Action Investigation – STX

Seagate Technology (NASDAQ:STX) shares have slipped more than 3% in early morning trading after the data storage company's revenue miss as reported in its fiscal third-quarter financial results.

Seagate (STX) share price down after $300 million fine for Huawei exports

Seagate (STX) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of $0.19. This compares to earnings of $1.81 per share a year ago.

Seagate (STX) Reports Q3 Loss, Lags Revenue Estimates

Technology company violated US export control laws with shipments to Chinese firm, commerce department says

Seagate to pay $300m settlement over $1.1bn hard disk drive sales to Huawei

Seagate Technology PLC shares STX, -2.73% were off more than 2% in Thursday morning action after the chip company posted a surprise loss for its latest quarter. The company reported a $433 million fiscal third-quarter net loss, or a loss of $2.09 a share, whereas it recorded net income of $346 million, or $1.56 a share, in the year-earlier period.

Seagate sees ‘severe impact' on margins and profits as it delivers a surprise loss

Seagate shipped over 7.4 million hard drives to blacklisted Huawei, even after the U.S. government imposed export controls on the Chinese company.

Seagate hit with $300 million penalty for continuing $1 billion relationship with blacklisted firm Huawei, despite U.S. export controls

The disk-drive maker said it now expects a recovery in demand to begin toward the end of the calendar year.

Seagate Reports Surprise Loss as Big Customers Hold Back

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for its fiscal third quarter ended March 31, 2023. “We are seeing a more elongated customer inventory correction that led to weaker than expected nearline demand among a few large customers late in the quarter.

Seagate Technology Reports Fiscal Third Quarter 2023 Financial Results

US authorities on Wednesday imposed a $300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Commerce Department said.

US imposes $300mn penalty on Seagate over Huawei shipments

Seagate Technology has been struck with a US$300mln penalty in the US after breaching export controls by sending over a billion dollars worth of hard drives to China's Huawei. 7.4mln hard drives worth US$1.1bn were sent by Seagate to Huawei between August 2020 and September 2021, despite the former being blacklisted by the US over national security concerns.

Seagate fined over breach of US export rules

Seagate Technology has agreed to pay a $300 million penalty in a settlement with US authorities for shipping over $1.1 billion worth of hard disk drives to China's Huawei in violation of US export control laws, the Department of Commerce said on Wednesday.

Seagate to pay $300 million penalty for shipping Huawei hard drives in violation of US export control laws

The penalty comes after a group of Senate Republicans in 2021 alleged the data-storage equipment provider continued to sell hard drives to Huawei despite national security restrictions.

Seagate to Pay $300 Million for Violating Export Restrictions on China's Huawei

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX, “Company”), a world leader in data storage infrastructure solutions, today announced that its subsidiaries, Seagate Technology LLC and Seagate Singapore International Headquarters Pte. Ltd. (collectively, “Seagate”) have reached a settlement agreement with the U.S.

Seagate Reaches Resolution With the U.S. Department of Commerce's Bureau of Industry and Security

Seagate Technology Holdings has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion worth of hard disk drives to China's Huawei in violation of U.S. export control laws, the U.S. Department of Commerce said on Wednesday.

Exclusive: Seagate settles with U.S. for shipping $1.1 bln of hard drives to Huawei

Seagate's (STX) Q3 performance is likely to have borne the brunt of global macroeconomic weakness and inventory adjustments by customers.

Here's What to Expect From Seagate's (STX) Q3 Earnings Release

Seagate (STX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Seagate (STX) Q3 Earnings Expected to Decline

Advanced Micro Devices

Intel

Micron Technology

NVIDIA

Western Digital

We end each quarter reviewing our work in the semi space - discussing our best calls and where we could've done better. Our favorite semi stocks this quarter have been Nvidia Corporation and Advanced Micro Devices, Inc.

Back To The Future 3.0 - Reviewing Our Semi Calls For Q1

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a world leader in data storage infrastructure solutions, will report fiscal third quarter 2023 financial results after the market closes on Thursday, April 20, 2023. The investment community conference call to discuss these results will take place that day at 1:30 p.m. PT / 4:30 p.m. ET. The live audio webcast can be accessed online at Seagate's Investor Relations website at investors.seagate.com.

Seagate Technology to Report Fiscal Third Quarter 2023 Financial Results on April 20, 2023

Seagate (STX) expects to generate annualized savings from this expanded restructuring plan in the range of $40-$45 million, beginning from the fourth quarter of fiscal 2023.

Seagate (STX) Further Slashes Workforce to Boost Cost Savings

Seagate Technology Holdings PLC STX disclosed Wednesday that it is increasing the number of employees being laid off by 480, or 1% of its workforce. The maker of data-storage technologies had said in October that it planned to cut about 3,000 jobs, or 8% of its staff.

Seagate to increase the number of employees it lays off by 480

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Interest rates have risen the fastest in the past year since the 1980s, and investing seems to be getting increasingly complicated, as much of the trading on Wall Street is computer-driven by algorithms.

7 Tech Stocks to Buy Now That Have a Higher Dividend Yield Than the S&P 500

Investors have assigned a higher multiple to STX stock due to its superior profitability and better financial position, as discussed below If we look at stock returns, both have seen significant cuts of about 30% in the last twelve months, faring worse than the broader S&P 500 index, down 12%.

News for Seagate Technology Holdings PLC Stock (STX)