
Seagate Revenue Surges 44% to $3.11 Billion as AI Demand Drives Record 47% Margins
Seagate Technology Holdings plcDescription
What this story covers
Seagate Technology reported a transformative quarter with 44% revenue growth and record 47% non-GAAP gross margins. Driven by AI-fueled demand for mass-capacity storage, the company significantly reduced debt while generating nearly $1 billion in free cash flow.
Story snapshot
CompanySeagate Technology Holdings plc
TickerSTX
VariantStandard detailed
Duration5:12
Filing type8-K
PeriodQ4 2026
IndustryTechnology
Accession0001137789-26-000084
Sources1
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