FirmAtlas

Company handbook · STX · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17

STX · CIK 1137789 · LATEST FILING: 10-K FY26 · FILED AUG 4, 2026

Seagate Technology Holdings plc

$639.01 −51.80 (−7.50%)

Close, Oct 16, 2026 · 52-week $209–1,145

↗ seagate.com

Last fiscal year

Seagate Technology Holdings plc reported revenue of $12.2B for the year ended Jul 3, 2026 (FY26), up 34.1% from FY25. Net income was $3.2B, operating cash flow $3.7B and free cash flow $3.1B. Source: 10-K filed Aug 4, 2026.

Market cap

$144.9B

P/E

45.5

EV/EBITDA

33.6x

P/B

66.9

Div yield

0.46%

ROIC

92.0%

Revenue 1Y

34.1%/yr

EPS 1Y

105.3%/yr

Shares 1Y

+7%

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Daily closes, split-adjusted · ratios at each fiscal year end

Company

CEOWilliam D. Mosley

HQSingapore, Singapore

AuditorErnst & Young LLP

Employees30,000

Year endsJune

Compounded growth & averages

10Y

TTM

Share price

33.6%

50.8%

110.1%

182.7%

Upgrade to see 10 years

Share price: yearly compound rate of the traded close; the last column is the past year.

Where the cash went · FY25–FY26

$2.3B deployed

Capex $834M 35.8%

Acquisitions $88M 3.8%

Dividends $1.2B 52.9%

Buybacks $176M 7.5%

Operating cash flow over the period: $4.8B. Total debt changed by −$1.4B. R&D of $1.5B is already inside operating costs.

Sources 10-K FY26 10-Q Apr '26 All filings on EDGAR

Latest filings

Sep 9, 2026 Other announcement 8-K Sep 4, 2026 Executive or director change 8-K Jul 28, 2026 Quarterly results 8-K Jun 12, 2026 Other announcement 8-K May 28, 2026 Other announcement 8-K

Growth engines

How much of the profit growth came from new investment, and how much from running the business better.

Upgrade to see 10 years

Financials

Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY26 = year ended Jul 3, 2026 · change vs previous year

Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier

Income

FY25 FY26

Revenue

9,097

12,195+34.1%

YoY

+34.1%

Gross profit

3,200

5,558+73.7%

Gross margin

35.2%

45.6%+10.4 pp

Operating income

1,890

4,094+116.6%

Operating margin

20.8%

33.6%+12.8 pp

EBITDA

2,141

4,370+104.1%

EBITDA margin

23.5%

35.8%+12.3 pp

Interest expense

321

284−11.5%

Interest coverage

6.67x

15.39x+8.72x

Net income

1,469

3,184+116.7%

YoY

+116.7%

Net margin

16.1%

26.1%+10.0 pp

EPS (diluted, $)

6.77

13.90+105.3%

YoY

+105.3%

Balance sheet

FY25 FY26

Total assets

8,023

9,972+24.3%

Cash & short-term investments

893

1,705+90.9%

Accounts receivable

959

1,534+60.0%

Inventory

1,440

1,571+9.1%

Net PP&E

1,657

2,034+22.8%

Other assets

3,074

3,128+1.8%

Total liabilities

8,476

7,805−7.9%

Accounts payable

1,604

1,748+9.0%

Total debt

4,995

3,565−28.6%

Other liabilities

1,877

2,492+32.8%

Shareholders’ equity

(453)

2,167n/m

Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.

Cash flow statement · as filed

FY25 FY26

Cash from operations

1,083

3,674+239.2%

Net income

1,469

3,184+116.7%

Depreciation & amortization

251

276+10.0%

Stock-based compensation

200

213+6.5%

Working capital & other

(837)

1n/m

Cash from investing

(276)

(525)n/m

Capex

(265)

(569)n/m

Acquisitions

(88)

0n/m

Other investing

44−42.9%

Cash from financing

(1,274)

(2,337)n/m

Debt raised

400

0−100.0%

Debt repaid

(1,078)

(1,442)n/m

Dividends

(600)

(634)n/m

Buybacks

(176)n/m

Other financing

(85)−2225.0%

Net change in cash

(467)

812n/m

Free cash flow (OCF − capex)

818

3,105+279.6%

Where the cash went

FY25 FY26

Operating cash flow

1,083

3,674+239.2%

Reinvested in the business

353

569+61.2%

% of operating cash flow

32.6%

15.5%

Capex

265

569+114.7%

Acquisitions

0−100.0%

R&D (memo, already in costs)

724

755+4.3%

Free cash flow

818

3,105+279.6%

YoY

+279.6%

Returned to shareholders

600

810+35.0%

% of free cash flow

73.3%

26.1%

Dividends

600

634+5.7%

Buybacks

176n/m

Change in total debt

—

(1,430)

Cash left over

—

865

FCF conversion (FCF ÷ net income)

55.7%

97.5%+41.8 pp

Owner earnings

—

2,329

Owner earnings margin

—

19.1%

Buyback yield

—

0.1%

Returns & ratios

FY25 FY26

ROIC (all capital)

50.3%

92.0%+41.8 pp

ROIC (operating)

74.8%

120.9%+46.1 pp

Net debt / EBITDA

1.92x

0.43x−1.49x

Debt / equity

n/m

1.65x

Cash conversion cycle (days)

36+8 d

ROE

−324.3%

146.9%+471.2 pp

ROA

18.3%

31.9%+13.6 pp

ROCE

35.2%

59.8%+24.6 pp

NOPAT

1,835

3,533+92.5%

Invested capital (operating)

2,452

3,391+38.3%

Invested capital (all)

3,649

4,027+10.4%

Reinvestment rate

—

26.6%

Debtor days

46+7 d

Inventory days

86−3 d

Days payable

96−3 d

Income

Oct '25

Jan '26

Apr '26

Jul '26

Revenue

2,629

2,825

3,112

3,629

vs year-ago quarter

Gross profit

1,037

1,176

1,447

1,898

Gross margin

39.4%

41.6%

46.5%

52.3%

Operating income

694

843

998

1,559

Net income

549

593

748

1,294

vs year-ago quarter

Net margin

20.9%

21.0%

24.0%

35.7%

EPS (diluted, $)

2.43

2.60

3.27

5.71

vs year-ago quarter

Balance sheet

Oct '25

Jan '26

Apr '26

Jul '26

Total assets

8,442

8,708

8,892

9,972

Cash & equivalents

1,114

1,048

1,147

1,705

Total debt

4,994

4,499

3,863

3,565

Shareholders’ equity

(63)

459

1,095

2,167

Cash flow

Oct '25

Jan '26

Apr '26

Jul '26

Operating cash flow

532

723

1,114

1,305

Capex

105

116

161

187

Free cash flow

427

607

953

1,118

vs year-ago quarter