Seagate Technology Holdings plc (STX)

Seagate Technology Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 28, 2025	Jun 28, 2024	Jun 30, 2023	Jul 1, 2022	Jul 2, 2021	Jul 3, 2020
Revenue	8,540	6,551	7,384	11,661	10,681	10,509
Revenue Growth (YoY)	36.29%	-11.28%	-36.68%	9.18%	1.64%	1.15%
Cost of Revenue	5,654	5,002	5,966	8,192	7,764	7,667
Gross Profit	2,886	1,549	1,418	3,469	2,917	2,842
Selling, General & Admin	538	460	491	559	502	473
Research & Development	703	654	772	941	903	973
Other Operating Expenses	-6	-6	-	-	-	-
Operating Expenses	1,235	1,108	1,266	1,511	1,417	1,460
Operating Income	1,651	441	152	1,958	1,500	1,382
Interest Expense	-328	-332	-313	-249	-220	-201
Interest & Investment Income	26	15	10	2	2	20
Currency Exchange Gain (Loss)	-15	-11	-11	-	-	-
Other Non Operating Income (Expenses)	-69	-67	-30	-29	74	-87
EBT Excluding Unusual Items	1,265	46	-192	1,682	1,356	1,114
Merger & Restructuring Charges	-46	-7	-269	-3	-8	-82
Gain (Loss) on Sale of Assets	344	344	167	-	-	-
Asset Writedown	-	-13	-85	-	-	-
Other Unusual Items	-4	75	-117	-	-	-
Pretax Income	1,559	445	-496	1,679	1,348	1,032
Income Tax Expense	65	110	33	30	34	28
Net Income	1,494	335	-529	1,649	1,314	1,004
Net Income to Common	1,494	335	-529	1,649	1,314	1,004
Net Income Growth	-	-	-	25.50%	30.88%	-50.10%
Shares Outstanding (Basic)	211	209	207	220	242	262
Shares Outstanding (Diluted)	218	212	207	224	245	265
Shares Change (YoY)	4.56%	2.42%	-7.59%	-8.57%	-7.55%	-7.02%
EPS (Basic)	7.10	1.60	-2.56	7.50	5.43	3.83
EPS (Diluted)	6.85	1.58	-2.56	7.36	5.36	3.79
EPS Growth	-	-	-	37.31%	41.42%	-46.32%
Free Cash Flow	773	664	626	1,276	1,128	1,129
Free Cash Flow Per Share	3.55	3.13	3.02	5.70	4.60	4.26
Dividend Per Share	2.840	2.800	2.800	2.770	2.660	2.580
Dividend Growth	1.43%	-	1.08%	4.13%	3.10%	2.38%
Gross Margin	33.79%	23.64%	19.20%	29.75%	27.31%	27.04%
Operating Margin	19.33%	6.73%	2.06%	16.79%	14.04%	13.15%
Profit Margin	17.49%	5.11%	-7.16%	14.14%	12.30%	9.55%
Free Cash Flow Margin	9.05%	10.14%	8.48%	10.94%	10.56%	10.74%
EBITDA	1,891	692	580	2,409	1,897	1,761
EBITDA Margin	22.14%	10.56%	7.85%	20.66%	17.76%	16.76%
D&A For EBITDA	240	251	428	451	397	379
EBIT	1,651	441	152	1,958	1,500	1,382
EBIT Margin	19.33%	6.73%	2.06%	16.79%	14.04%	13.15%
Effective Tax Rate	4.17%	24.72%	-	1.79%	2.52%	2.71%
Advertising Expenses	-	18	30	34	29	19

Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q