STX · 10-K · 2026A · Full report
Capital Expenditure Program
Seagate Technology Holdings plc · 2026-08-04 · Importance 77 · Surprise 82 · Matches filing data
Capital expenditures for property, equipment, and leasehold improvements totaled $569 million in fiscal 2026, up from $265 million in fiscal 2025. The company had $465 million of unconditional capital-expenditure commitments as of July 3, 2026, with approximately $375 million expected to be paid within one year. Fiscal 2027 capital expenditures are expected to exceed fiscal 2026 levels while remaining within a target range of 4% to 6% of revenue, supporting the ramp of HAMR-based hard drives.
Key facts
- As of July 3, 2026, we had unconditional commitments of $465 million primarily related to purchases of equipment, of which approximately $375 million is expected to be paid within one year. source
- In fiscal year 2026, we used $525 million net cash for investing activities, primarily due to payments for the purchase of property, equipment and leasehold improvements of $569 million, partially offset by $31 million proceeds from the sale of certain investments and $15 million proceeds from business divestiture. source
- Net cash used in investing activities was $(525) million in fiscal year 2026 and $(276) million in fiscal year 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | committed | +4.0% | As of July 3, 2026, we had unconditional commitments of $465 million primarily related to purchases of equipment, of which approximately… |
| liability | negative | committed | -4.0% | As of July 3, 2026, we had unconditional commitments of $465 million primarily related to purchases of equipment, of which approximately… |