For the quarter ending 2026-01-02, STX had -$66M decrease in cash & cash equivalents over the period. $607M in free cash flow.
| Cash Flow | 2026-01-02 | 2025-10-03 | 2025-06-27 | 2025-03-28 |
|---|---|---|---|---|
| Net income | 593 | 549 | 488 | 340 |
| Depreciation and amortization | 68 | 72 | 61 | 63 |
| Share-based compensation | 53 | 52 | 59 | 54 |
| Net loss from debt transactions | -72 | - | -3 | -4 |
| Net gain from business divestiture | - | - | 8 | - |
| Deferred income taxes | 3 | -25 | -16 | 3 |
| Other non-cash operating activities, net | -14 | -15 | -28 | -13 |
| Accounts receivable, net | 173 | 114 | 320 | 35 |
| Inventories, net | 2 | 56 | -32 | -1 |
| Accounts payable | 78 | 84 | 89 | -141 |
| Accrued employee compensation | 32 | -140 | 91 | 31 |
| Bis settlement penalty | -15 | -15 | -15 | -15 |
| Accrued expenses, income taxes and warranty | 78 | 119 | -23 | -30 |
| Other assets and liabilities | 78 | 9 | -39 | 29 |
| Net cash provided by operating activities | 723 | 532 | 508 | 259 |
| Acquisition of property, equipment and leasehold improvements | 116 | 105 | 83 | 43 |
| Proceeds from the sale of assets | 0 | - | 0 | 0 |
| Purchases of investments | - | - | 0 | - |
| Proceeds from sale of investments | - | - | 41 | 10 |
| Proceeds from business divestiture | 0 | 15 | 0 | 25 |
| Cash used in acquisition of businesses, net of cash acquired | - | - | 88 | - |
| Net cash used in investing activities | -116 | -90 | -130 | -8 |
| Redemption and repurchase of debt | 500 | - | 547 | 531 |
| Proceeds from issuance of long-term debt | - | - | 400 | 0 |
| Dividends to shareholders | 154 | 153 | 153 | 152 |
| Repurchases of ordinary shares | 20 | 50 | 10 | 9 |
| Payments for repurchase of common stock | 0 | 29 | 0 | - |
| Proceeds from issuance of ordinary shares under employee stock plans | 5 | 22 | 16 | 24 |
| Other financing activities, net | -4 | -11 | -7 | -7 |
| Net cash used in financing activities | -673 | -221 | -301 | -675 |
| Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash | - | - | 0 | 0 |
| Increase (decrease) in cash, cash equivalents and restricted cash | -66 | 221 | 77 | -424 |
| Cash and cash equivalents at beginning of period | 1,114 | 893 | 816 | 1,240 |
| Cash and cash equivalents at end of period | 1,048 | 1,114 | 893 | 816 |
Seagate Technology Holdings plc (STX)
Seagate Technology Holdings plc (STX)