Seagate Technology Holdings plc (STX) Form 8-K — Jul 28, 2026
Seagate reported fiscal fourth quarter revenue of $3.63 billion, a significant increase from the prior year, with non-GAAP diluted EPS of $5.71 exceeding expectations. The company generated $1.12 billion in free cash flow for the quarter and reduced its total debt by $302 million, strengthening its balance sheet position. For the full fiscal year 2026, Seagate achieved record profitability with annual revenue growing 34% to $12.2 billion and free cash flow reaching a record $3.1 billion. The performance was driven by robust cloud data center demand and the successful execution of its mass-capacity storage roadmap.
Key figures
- Eps
- 5.58
- Revenue
- 3629000000
- Guidance
- Revenue of $4.1 billion, plus or minus $100 million; Non-GAAP diluted EPS of $7.30, plus or minus $0.20
- Net Income
- 1294000000
- Cash Position
- 1704000000
- Non Gaap Eps
- 5.71
- Free Cash Flow
- 1118000000
- Gaap Gross Margin
- 52.3%
- Dividend Per Share
- 0.74
- Non Gaap Gross Margin
- 52.7%
- Annual Revenue Growth
- 34%
Price after filing
Close on the filing date to close N calendar days later (from $913.36). Historical, not a forecast.
AI analysis
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