Seagate Technology Holdings plc (STX)

Seagate Technology Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 3, 2025	Jun 27, 2025	Jun 28, 2024	Jun 30, 2023	Jul 1, 2022	Jul 2, 2021
Revenue	9,558	9,097	6,551	7,384	11,661	10,681
Revenue Growth (YoY)	31.56%	38.86%	-11.28%	-36.68%	9.18%	1.64%
Cost of Revenue	6,022	5,884	5,002	5,973	8,192	7,764
Gross Profit	3,536	3,213	1,549	1,411	3,469	2,917
Selling, General & Admin	576	561	460	491	559	502
Research & Development	729	724	654	772	941	903
Amortization of Goodwill & Intangibles	-	-	-	3	11	12
Other Operating Expenses	-	-	1	269	-	-
Operating Expenses	1,305	1,285	1,115	1,535	1,511	1,417
Operating Income	2,231	1,928	434	-124	1,958	1,500
Interest Expense	-316	-321	-332	-313	-249	-220
Interest & Investment Income	25	25	15	10	2	2
Currency Exchange Gain (Loss)	4	-	-	-	-	-
Other Non Operating Income (Expenses)	-84	-82	-78	-41	-29	74
EBT Excluding Unusual Items	1,860	1,550	39	-468	1,682	1,356
Merger & Restructuring Charges	-50	-38	-	-	-3	-8
Gain (Loss) on Sale of Assets	8	8	344	167	-	-
Asset Writedown	-	-	-13	-85	-	-
Other Unusual Items	-7	-7	75	-110	-	-
Pretax Income	1,811	1,513	445	-496	1,679	1,348
Income Tax Expense	98	44	110	33	30	34
Net Income	1,713	1,469	335	-529	1,649	1,314
Net Income to Common	1,713	1,469	335	-529	1,649	1,314
Net Income Growth	107.89%	338.51%	-	-	25.50%	30.88%
Shares Outstanding (Basic)	213	212	209	207	220	242
Shares Outstanding (Diluted)	220	217	212	207	224	245
Shares Change (YoY)	2.57%	2.36%	2.42%	-7.59%	-8.57%	-7.55%
EPS (Basic)	8.06	6.93	1.60	-2.56	7.50	5.43
EPS (Diluted)	7.81	6.77	1.58	-2.56	7.36	5.36
EPS Growth	103.12%	328.48%	-	-	37.31%	41.42%
Free Cash Flow	1,218	818	664	626	1,276	1,128
Free Cash Flow Per Share	5.55	3.77	3.13	3.02	5.70	4.60
Dividend Per Share	2.880	2.860	2.800	2.800	2.770	2.660
Dividend Growth	2.86%	2.14%	-	1.08%	4.13%	3.10%
Gross Margin	36.99%	35.32%	23.64%	19.11%	29.75%	27.31%
Operating Margin	23.34%	21.19%	6.63%	-1.68%	16.79%	14.04%
Profit Margin	17.92%	16.15%	5.11%	-7.16%	14.14%	12.30%
Free Cash Flow Margin	12.74%	8.99%	10.14%	8.48%	10.94%	10.56%
EBITDA	2,490	2,179	685	304	2,409	1,897
EBITDA Margin	26.05%	23.95%	10.46%	4.12%	20.66%	17.76%
D&A For EBITDA	259	251	251	428	451	397
EBIT	2,231	1,928	434	-124	1,958	1,500
EBIT Margin	23.34%	21.19%	6.63%	-1.68%	16.79%	14.04%
Effective Tax Rate	5.41%	2.91%	24.72%	-	1.79%	2.52%
Advertising Expenses	-	21	18	30	34	29

Updated Oct 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q