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

Cisco Systems

CSG Systems International

Himax Tech

Skyworks Solutions

Clear Secure

While the innovation ecosystem generally focuses on growth opportunities, investors seeking a more balanced approach can elect tech stocks with passive income. These ideas are established businesses that may not have the outright capital gains potential of their high-flying peers.

7 Tech Stocks That Also Provide Passive Income

Seagate (STX) reported earnings 30 days ago. What's next for the stock?

Seagate (STX) Up 8.7% Since Last Earnings Report: Can It Continue?

Alphabet

NVIDIA

Invest in NVIDIA (NVDA), Alphabet (GOOGL) and Seagate Technology (STX) which are poised to make the most of the Nasdaq's upward movement banking on rate cut hopefulness.

3 Silicon Valley Tech Stocks to Buy as Nasdaq Edges Higher

Does Seagate (STX) have what it takes to be a top stock pick for momentum investors? Let's find out.

Seagate (STX) Is Up 7.44% in One Week: What You Should Know

Seagate (STX) expects incremental improvements in mass capacity demand to cushion the top-line expansion in the current quarter.

Seagate (STX) Up 58.2% in the Past Year: Will the Rally Last?

Seagate (STX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Seagate (STX) Run Higher on Rising Earnings Estimates?

adidas AG

Netflix

Morgan Stanley (NYSE: MS ) is a big name on Wall Street, and many of its analysts are truly at the top of their game. While I wouldn't blindly follow Morgan Stanley analysts, I do think they're worth listening to whenever they update their notes or ratings.

3 Stocks to Buy That Morgan Stanley Is Loving Right Now

Wedbush now rates the disk-drive provider at Outperform.

Seagate Earnings Could Grow 10 Times in Just 2 Years, Analyst Says. Here's Why.

Data storage device manufacturer Seagate Technology Holdings plc NASDAQ: STX hasn't significantly benefitted from the artificial intelligence (AI) boom. Its computer and technology sector rival Western Digital Co. NASDAQ: WDC had a dramatic 2024 reversal of fortune as losses of 46 cents transformed into profits of 40 cents, and sagging revenues turned into a 23% YOY revenue spike.

Seagate Technology Warns Cloud Demand is Heating Up

Seagate's (STX) third-quarter fiscal 2024 results reflect sequential improvements, owing to increasing demand for mass capacity storage solutions.

Solid Demand, Upbeat View to Fuel Seagate (STX) Post Q3 Earnings

Seagate (STX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Seagate (STX) Moves to Buy: Rationale Behind the Upgrade

Seagate's (STX) third-quarter fiscal 2024 performance gains from an improvement in demand for mass capacity solutions.

Seagate's (STX) Q3 Earnings Beat Estimates, Revenues Miss

Seagate Technology Holdings plc (NASDAQ:STX ) Q3 2024 Earnings Call Transcript April 23, 2024 5:00 PM ET Company Participants Shanye Hudson - SVP, IR Dave Mosley - CEO Gianluca Romano - CFO Conference Call Participants Erik Woodring - Morgan Stanley Amit Daryanani - Evercore ISI Aaron Rakers - Wells Fargo Wamsi Mohan - Bank of America Krish Sankar - TD Cowen Steven Fox - Fox Advisors Timothy Arcuri - UBS Securities Karl Ackerman - BNP Paribas Ananda Baruah - Loop Capital Mehdi Hosseini - SIG C.J. Muse - Cantor Fitzgerald Toshiya Hari - Goldman Sachs Thomas O'Malley - Barclays Operator Welcome to the Seagate Technology Fiscal Third Quarter 2024 Conference Call.

Seagate Technology Holdings plc (STX) Q3 2024 Earnings Call Transcript

The headline numbers for Seagate (STX) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Seagate (STX) Reports Q3 Earnings: What Key Metrics Have to Say

Seagate (STX) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to loss of $0.28 per share a year ago.

Seagate (STX) Q3 Earnings Beat Estimates

Seagate stock was trading slightly higher late Tuesday, after the hard drive maker reported mixed March quarter results.

Seagate Reports Mixed Quarter, Forecasts Return To Sales Growth

Seagate Technology on Tuesday forecast fourth-quarter profit above Wall Street estimates after beating earnings estimates for the most recent quarter, driven by higher demand for its memory chips from cloud customers.

Seagate forecasts higher Q4 profit on boost from cloud customers

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), the leading innovator of mass-capacity storage solutions, today reported financial results for its fiscal third quarter ended March 29, 2024. "Seagate's March quarter revenue grew 6% and non-GAAP EPS more than doubled over the December quarter as we benefit from improving cloud demand, our strong operating discipline and price execution. This combination sets the foundation for a return.

Seagate Technology Reports Fiscal Third Quarter 2024 Financial Results

FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), the leading innovator of mass-capacity data storage, today issued its annual environment, social, and governance (ESG) report — “Sustainable Datasphere: FY2023 ESG Performance Report.” The 18th annual edition highlights the company's continued progress over the past fiscal year towards creating a sustainable, inclusive, and ethical datasphere, including updates on Seagate's renewable energy and carbon neutrality go.

Seagate Drives Progress on Its Renewable Energy and Circularity Programs

Seagate's Mozaic platform and HAMR technology are expected to boost revenues and increase operating margins. The periodic replacement or upgrading of existing storage units will contribute to Seagate's sales growth. Seagate's gross margin is projected to return to sustainable levels, leading to a higher valuation.

Seagate's Winning Strategy: HAMR Technology, Growing Margins, And Upcoming Demand Cycle

Seagate Technology (STX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Seagate Technology (STX) Ahead of Earnings?

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Seagate (STX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

What Analyst Projections for Key Metrics Reveal About Seagate (STX) Q3 Earnings

Seagate's (STX) fiscal Q3 performance is likely to have been driven by incremental improvements in mass capacity demand amid seasonal downtick in both the VIA and legacy markets.

Factors to Note Ahead of Seagate's (STX) Q3 Earnings Release

Ameriprise Financial

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Sherwin-Williams

Steel Dynamics

Whirlpool

We searched for names whose 2024 earnings expectations have either been revised higher by analysts or kept unchanged since late February, when aggregate earnings estimates for the S&P 500 began to fall.

8 Stocks to Buy Ahead of Earnings

Seagate (STX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Seagate Technology Holdings PLC Stock (STX)