Seagate Technology Holdings plc (STX) financial statements: income statement, balance sheet and cash flow

Seagate Technology Holdings plc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jul 3, 2026 · FY), Seagate Technology Holdings plc reported revenue of $12.2B (+34.1% year on year) and net income of $3.2B (+116.7% year on year).

Income statement

Seagate Technology Holdings plc income statement, fiscal years

Line item	Jul 3, 2026 · FY	Jun 27, 2025 · FY	Jun 28, 2024 · FY	Jun 30, 2023 · FY
Revenue	$12.2B	$9.1B	$6.6B	$7.4B
Cost of revenue	$6.6B	$5.9B	$5.0B	$6.0B
Product development	$755.0M	$724.0M	$654.0M	$797.0M
Marketing and administrative	$577.0M	$561.0M	$460.0M	$491.0M
Legal settlement	$105.0M	$0	$0	$300.0M
Restructuring and other, net	$27.0M	$25.0M	($30.0M)	$102.0M
Total operating expenses	$8.1B	$7.2B	$6.1B	$7.7B
Income from operations	$4.1B	$1.9B	$452.0M	($342.0M)
Interest income	$30.0M	$25.0M	$15.0M	$10.0M
Interest expense	($284.0M)	($321.0M)	($332.0M)	($313.0M)
Net gain from termination of interest rate swap	$0	$0	$104.0M	—
Net gain from business divestiture	$0	$8.0M	$313.0M	—
Net loss from debt transactions	($151.0M)	($7.0M)	($29.0M)	$190.0M
Other, net	$1.0M	($82.0M)	($78.0M)	($41.0M)
Other expense, net	($404.0M)	($377.0M)	($7.0M)	($154.0M)
Income before income taxes	$3.7B	$1.5B	$445.0M	($496.0M)
Provision for income taxes	$506.0M	$44.0M	$110.0M	$33.0M
Net income	$3.2B	$1.5B	$335.0M	($529.0M)
Effects of derivative instruments	$3.0M	—	—	—
Effects of post-retirement plans	$5.0M	—	—	—
Foreign currency translation adjustments	$0	—	—	—
Total other comprehensive (loss) income, net of tax	$8.0M	—	—	—
Comprehensive income (loss)	$3.2B	—	—	—
Basic (in dollars per share)	$14.54	$6.93	$1.60	-$2.56
Diluted (in dollars per share)	$13.90	$6.77	$1.58	-$2.56
Basic (in shares)	219.0M	212.0M	209.0M	207.0M
Diluted (in shares)	229.0M	217.0M	212.0M	207.0M

Seagate Technology Holdings plc income statement, quarters

Line item	Apr 3, 2026 · Q3	Jan 2, 2026 · Q2	Oct 3, 2025 · Q1	Mar 28, 2025 · Q3
Revenue	$3.1B	$2.8B	$2.6B	$2.2B
Cost of revenue	$1.7B	$1.6B	$1.6B	$1.4B
Product development	$194.0M	$187.0M	$186.0M	$180.0M
Marketing and administrative	$143.0M	$143.0M	$144.0M	$139.0M
Legal settlement	$105.0M	—	—	—
Restructuring and other, net	$7.0M	$3.0M	$13.0M	$10.0M
Total operating expenses	$2.1B	$2.0B	$1.9B	$1.7B
Income from operations	$998.0M	$843.0M	$694.0M	$431.0M
Interest income	$6.0M	$7.0M	$7.0M	$4.0M
Interest expense	($68.0M)	($72.0M)	($80.0M)	($77.0M)
Net loss from debt transactions	($69.0M)	($66.0M)	—	($4.0M)
Other, net	($3.0M)	($5.0M)	($7.0M)	$1.0M
Other expense, net	($134.0M)	($136.0M)	($80.0M)	($76.0M)
Income before income taxes	$864.0M	$707.0M	$614.0M	$355.0M
Income tax expense (benefit)	$116.0M	$114.0M	$65.0M	$15.0M
Net income	$748.0M	$593.0M	$549.0M	$340.0M
Basic (in dollars per share)	$3.38	$2.75	$2.58	$1.60
Diluted (in dollars per share)	$3.27	$2.60	$2.43	$1.57
Basic (in shares)	221.0M	216.0M	213.0M	212.0M
Diluted (in shares)	229.0M	228.0M	226.0M	216.0M

Balance sheet

Seagate Technology Holdings plc balance sheet, fiscal years

Line item	Jul 3, 2026 · FY	Jun 27, 2025 · FY	Jun 28, 2024 · FY	Jun 30, 2023 · FY
Cash and cash equivalents	$1.7B	$891.0M	$1.4B	$786.0M
Accounts receivable, net	$1.5B	$959.0M	$429.0M	$621.0M
Inventories, net	$1.6B	$1.4B	$1.2B	$1.1B
Other current assets	$412.0M	$363.0M	$306.0M	$358.0M
Total current assets	$5.2B	$3.7B	$3.3B	$2.9B
Property, equipment and leasehold improvements, net	$2.0B	$1.7B	$1.6B	$1.7B
Other intangible assets	$1.2B	$1.2B	$1.2B	$1.2B
Deferred income taxes	$1.1B	$1.1B	$1.0B	$1.1B
Other assets, net	$391.0M	$426.0M	$537.0M	$591.0M
Total Assets	$10.0B	$8.0B	$7.7B	$7.6B
Accounts payable	$1.7B	$1.6B	$1.8B	$1.6B
Accrued employee compensation	$377.0M	$352.0M	$106.0M	$100.0M
Accrued warranty	$73.0M	$60.0M	$74.0M	$78.0M
Current portion of long-term debt	$185.0M	$0	$479.0M	$63.0M
Accrued expenses	$744.0M	$632.0M	$654.0M	$748.0M
Total current liabilities	$3.1B	$2.6B	$3.1B	$2.6B
Long-term accrued warranty	$125.0M	$77.0M	$75.0M	$90.0M
Other non-current liabilities	$1.2B	$756.0M	$861.0M	$685.0M
Long-term debt, less current portion	$3.4B	$5.0B	$5.2B	$5.4B
Total Liabilities	$7.8B	$8.5B	$9.2B	$8.8B
Ordinary shares and additional paid-in capital	8.1B	7.7B	7.5B	7.4B
Accumulated other comprehensive loss	$0	($8.0M)	($2.0M)	$98.0M
Accumulated deficit	($5.9B)	($8.2B)	($9.0B)	($8.7B)
Total Shareholders’ Equity (Deficit)	$2.2B	($453.0M)	($1.5B)	($1.2B)
Total Liabilities and Shareholders’ Equity (Deficit)	$10.0B	$8.0B	$7.7B	$7.6B

Seagate Technology Holdings plc balance sheet, quarters

Line item	Apr 3, 2026	Jan 2, 2026	Oct 3, 2025	Mar 28, 2025
Cash and cash equivalents	$1.1B	$1.0B	$1.1B	$814.0M
Accounts receivable, net	$1.2B	$1.2B	$1.1B	$622.0M
Inventories, net	$1.5B	$1.5B	$1.5B	$1.5B
Other current assets	$426.0M	$419.0M	$351.0M	$374.0M
Total current assets	$4.3B	$4.2B	$4.0B	$3.3B
Property, equipment and leasehold improvements, net	$1.9B	$1.8B	$1.7B	$1.6B
Other intangible assets	$1.2B	$1.2B	$1.2B	$1.2B
Other assets, net	$1.1B	$1.1B	$1.1B	$1.0B
Total Assets	$421.0M	$419.0M	$410.0M	$424.0M
Total Assets	$8.9B	$8.7B	$8.4B	$7.6B
Accounts payable	$1.7B	$1.8B	$1.7B	$1.5B
Accrued employee compensation	$308.0M	$253.0M	$212.0M	$242.0M
Accrued warranty	$70.0M	$66.0M	$63.0M	$61.0M
Current portion of long-term debt	$398.0M	$998.0M	$1.5B	$0
Accrued expenses	$771.0M	$673.0M	$673.0M	$642.0M
Total current liabilities	$3.2B	$3.8B	$4.1B	$2.4B
Long-term accrued warranty	$109.0M	$94.0M	$83.0M	$73.0M
Other non-current liabilities	$982.0M	$893.0M	$807.0M	$762.0M
Long-term debt, less current portion	$3.5B	$3.5B	$3.5B	$5.1B
Total Liabilities	$7.8B	$8.2B	$8.5B	$8.4B
Ordinary shares and additional paid-in capital	8.0B	7.9B	7.8B	7.6B
Accumulated other comprehensive loss	($8.0M)	($8.0M)	($8.0M)	($1.0M)
Accumulated deficit	($6.9B)	($7.4B)	($7.8B)	($8.5B)
Total Shareholders’ Equity (Deficit)	$1.1B	$459.0M	($63.0M)	($829.0M)
Total Liabilities and Shareholders’ Equity (Deficit)	$8.9B	$8.7B	$8.4B	$7.6B

Cash flow statement

Seagate Technology Holdings plc cash flow statement, fiscal years

Line item	Jul 3, 2026 · FY	Jun 27, 2025 · FY	Jun 28, 2024 · FY	Jun 30, 2023 · FY
Net income	$3.2B	$1.5B	$335.0M	($529.0M)
Depreciation and amortization	$276.0M	$251.0M	$264.0M	$513.0M
Share-based compensation	$213.0M	$200.0M	$127.0M	$115.0M
Net loss from debt transactions	$151.0M	$7.0M	$7.0M	($204.0M)
Net gain from business divestiture	$0	$8.0M	$313.0M	—
Deferred income taxes	($34.0M)	($8.0M)	$78.0M	$10.0M
Other non-cash operating activities, net	$43.0M	$137.0M	$34.0M	($125.0M)
Accounts receivable, net	($575.0M)	($513.0M)	$192.0M	$911.0M
Inventories, net	($131.0M)	($201.0M)	($99.0M)	$425.0M
Accounts payable	$66.0M	($242.0M)	$227.0M	($421.0M)
Accrued employee compensation	($3.0M)	$207.0M	$6.0M	($152.0M)
Accrued expenses, income taxes and warranty	$528.0M	($95.0M)	($138.0M)	$101.0M
Other assets and liabilities	($44.0M)	($61.0M)	$243.0M	$298.0M
Net cash provided by operating activities	$3.7B	$1.1B	$918.0M	$942.0M
Acquisition of property, equipment and leasehold improvements	($569.0M)	($265.0M)	($254.0M)	($316.0M)
Proceeds from the sale of assets	$0	$1.0M	$40.0M	$534.0M
Purchases of investments	($2.0M)	$0	$0	($1.0M)
Proceeds from sale of investments	$31.0M	$51.0M	$14.0M	$0
Proceeds from business divestiture	$15.0M	$25.0M	$326.0M	—
Cash used in acquisition of businesses, net of cash acquired	$0	($88.0M)	—	—
Net cash (used in) provided by investing activities	($525.0M)	($276.0M)	$126.0M	$217.0M
Redemption and repurchase of debt	($1.4B)	($1.1B)	($1.3B)	($1.6B)
Dividends to shareholders	($634.0M)	($600.0M)	($585.0M)	($582.0M)
Repurchases of ordinary shares	-176.0M	0	0	-408.0M
Taxes paid related to net share settlement of equity awards	($119.0M)	($54.0M)	($38.0M)	($44.0M)
Proceeds from issuance of long-term debt	$0	$400.0M	$1.5B	$1.6B
Proceeds from issuance of ordinary shares under employee stock plans	56.0M	72.0M	66.0M	68.0M
Other financing activities, net	($22.0M)	($14.0M)	($128.0M)	($44.0M)
Net cash used in financing activities	($2.3B)	($1.3B)	($473.0M)	($988.0M)
Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash	$0	$0	$1.0M	—
Increase (decrease) in cash, cash equivalents and restricted cash	$812.0M	($467.0M)	$572.0M	$171.0M
Cash, cash equivalents and restricted cash at the beginning of the year	$893.0M	$1.4B	$788.0M	$617.0M
Cash, cash equivalents and restricted cash at the end of the year	$1.7B	$893.0M	$1.4B	$788.0M
Cash paid for interest	$281.0M	$324.0M	$303.0M	$327.0M
Cash paid for income taxes, net of refunds	$40.0M	$42.0M	$30.0M	$32.0M

Seagate Technology Holdings plc cash flow statement, quarters

Line item	Apr 3, 2026 · YTD	Jan 2, 2026 · YTD	Oct 3, 2025 · Q1	Mar 28, 2025 · YTD
Net income	$1.9B	$1.1B	$549.0M	$981.0M
Depreciation and amortization	$206.0M	$140.0M	$72.0M	$190.0M
Share-based compensation	$159.0M	$105.0M	$52.0M	$141.0M
Net loss from debt transactions	$141.0M	$72.0M	—	$4.0M
Deferred income taxes	($33.0M)	($22.0M)	($25.0M)	$8.0M
Other non-cash operating activities, net	$44.0M	$29.0M	$15.0M	$109.0M
Accounts receivable, net	($238.0M)	($287.0M)	($114.0M)	($193.0M)
Inventories, net	($90.0M)	($58.0M)	($56.0M)	($233.0M)
Accounts payable	$89.0M	$162.0M	$84.0M	($331.0M)
Accrued employee compensation	($62.0M)	($108.0M)	($140.0M)	$116.0M
Accrued expenses, income taxes and warranty	$346.0M	$197.0M	$119.0M	($72.0M)
Other assets and liabilities	($83.0M)	($87.0M)	($9.0M)	($100.0M)
Net cash provided by operating activities	$2.4B	$1.3B	$532.0M	$575.0M
Acquisition of property, equipment and leasehold improvements	($382.0M)	($221.0M)	($105.0M)	($182.0M)
Proceeds from the sale of assets	$0	$0	—	$1.0M
Purchases of investments	($2.0M)	—	—	—
Proceeds from sale of investments	$0	—	—	$10.0M
Proceeds from business divestiture	$15.0M	$15.0M	$15.0M	$25.0M
Net cash used in investing activities	($369.0M)	($206.0M)	($90.0M)	($146.0M)
Redemption and repurchase of debt	($1.1B)	($500.0M)	—	($531.0M)
Dividends to shareholders	($468.0M)	($307.0M)	($153.0M)	($447.0M)
Payments for Repurchase of Common Stock	($59.0M)	($29.0M)	($29.0M)	—
Repurchases of ordinary shares	-111.0M	-70.0M	-50.0M	-44.0M
Proceeds from issuance of ordinary shares under employee stock plans	54.0M	27.0M	22.0M	56.0M
Other financing activities, net	($20.0M)	($15.0M)	($11.0M)	($7.0M)
Net cash used in financing activities	($1.7B)	($894.0M)	($221.0M)	($973.0M)
Increase (decrease) in cash, cash equivalents and restricted cash	$254.0M	$155.0M	$221.0M	($544.0M)
Cash, cash equivalents and restricted cash at the beginning of the period	$893.0M	$893.0M	$893.0M	$1.4B
Cash, cash equivalents and restricted cash at the end of the period	$1.1B	$1.0B	$1.1B	$816.0M

Seagate Technology Holdings plc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.