STX · 10-K · 2026A · Full report

Operating Cash Flow Trends

Seagate Technology Holdings plc · 2026-08-04 · Importance 69 · Surprise 64 · From source text

Operating cash flow increased to $3.674 billion in fiscal 2026 from $1.083 billion in fiscal 2025. Fiscal 2026 working-capital uses included a $575 million increase in accounts receivable and a $131 million increase in inventory, while accrued expenses, income taxes, and warranty liabilities increased $528 million. The $575 million receivables increase primarily reflected higher revenue, and the $528 million accrued-liability increase primarily reflected higher accrued income taxes and legal settlements.

Key facts

• Operating cash flow was $3.7 billion in fiscal year 2026. source
• Net cash provided by operating activities was $3,674 million in fiscal year 2026 and $1,083 million in fiscal year 2025. source
• Cash provided by operating activities for fiscal year 2026 included an increase of $575 million in accounts receivable primarily due to increased revenue. source
• Cash provided by operating activities for fiscal year 2026 included an increase of $528 million in accrued expenses, income taxes and warranty primarily due to an increase in accrued income taxes and legal settlements. source
• Cash provided by operating activities for fiscal year 2026 included an increase of $131 million in inventory primarily due to an increase in work-in-process inventory. source
• Cash provided by operating activities for fiscal year 2026 included an increase of $66 million in accounts payable primarily due to an increase in capital expenditures. source

Impact estimates