STX · 10-Q · 2026Q4 · Full report

Revenue Performance and Mix

Seagate Technology Holdings plc · 2026-10-29 · Importance 69 · Surprise 64 · In source text

September 2026 quarter revenue was $4.233 billion, up $604 million sequentially from $3.629 billion and approximately $1.6 billion year over year from $2.629 billion. Management attributed both increases primarily to favorable pricing actions; the year-over-year increase also reflected higher nearline exabytes shipped as demand for nearline products increased. The company shipped 220 exabytes of HDD storage capacity during the quarter.

Key facts

• Seagate's revenue in the September 2026 quarter increased by $604 million compared with the June 2026 quarter, primarily due to favorable pricing actions. source
• Seagate's revenue in the September 2026 quarter increased by $1.6 billion compared with the September 2025 quarter, primarily due to favorable pricing actions and increased nearline exabytes shipped reflecting higher demand for nearline products. source
• Seagate generated approximately $4.2 billion in revenue in the September 2026 quarter. source
• Seagate reported net income of $1.8 billion in the September 2026 quarter. source
• In the September 2026 quarter, Seagate shipped 220 exabytes of HDD storage capacity. source

Impact estimates