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0:00 / 0:00I. Financial Performance and Operational Highlights
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Seagate Revenue Jumps 21% to $2.63 Billion on Data Center Boom

STX10-QFiling Date: 10/31/2025
Seagate Technology Holdings plc
Description

What this story covers

Seagate's Q1 FY2026 revenue rose 21% to 2.629 billion dollars, driven by 80 percent data center sales and 32 percent higher HDD shipments amid AI demand. Net income hit 549 million dollars with 39.4 percent gross margins. Strong 532 million dollar cash flow supports dividends and capex, despite debt and legal risks. Strategic focus on HAMR tech positions for growth.

Story snapshot

CompanySeagate Technology Holdings plc
TickerSTX
VariantStandard detailed
Duration9:56
Filing type10-Q
PeriodQ1 2026
IndustryTechnology
Accession0001137789-25-000317

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