STX · News · 20260804N
Revenue Performance and Mix
Seagate Technology Holdings plc · 2026-08-04 · Importance 64 · Surprise 56 · In source text
Seagate reported fiscal Q4 2026 revenue of $3.629 billion, while fiscal-year revenue reached $12.2 billion. Quarterly revenue increased 48.5% year over year, driven by cloud and AI-related storage demand. Growth was concentrated in high-capacity nearline hard disk drives, with improved pricing and product mix supporting the increase.
Key facts
- Q4 sales reported: $3,629 million and net income reported: $1,294 million. source
- Seagate Technology reported FY2026 revenue of $12.2 billion. source
- Seagate Technology reported diluted EPS of $13.9 for fiscal year 2026. source
- TradingView summarized that increased demand for high-capacity nearline drives, improved pricing, and a favorable product mix drove Seagate's FY2026 performance. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Q4 sales reported: $3,629 million and net income reported: $1,294 million. |
| net_income | positive | realized | — | Q4 sales reported: $3,629 million and net income reported: $1,294 million. |
| revenue | positive | realized | — | Seagate Technology reported FY2026 revenue of $12.2 billion. |