STX · News · 20260807N
Revenue Performance and Mix
Seagate Technology Holdings plc · 2026-08-07 · 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
- Seagate reported a 121% year-over-year increase in non-GAAP EPS in the June quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | — | Seagate reported a 121% year-over-year increase in non-GAAP EPS in the June quarter. |