For the quarter ending 2026-04-03, STX made $3,112M in revenue. $748M in net income. Net profit margin of 24.04%.
| Income Statement | 2026-04-03 | 2026-01-02 | 2025-10-03 | 2025-06-27 |
|---|---|---|---|---|
| Revenue | 3,112 | 2,825 | 2,629 | 2,444 |
| Cost of revenue | 1,665 | 1,649 | 1,592 | 1,530 |
| Product development | 194 | 187 | 186 | 179 |
| Marketing and administrative | 143 | 143 | 144 | 154 |
| Amortization of intangibles | - | - | - | 0* |
| Bis settlement penalty | - | - | - | 0* |
| Legal settlement | -105 | - | - | - |
| Restructuring and other, net | 7 | 3 | 13 | 13 |
| Total operating expenses | 2,114 | 1,982 | 1,935 | 1,876 |
| Income from operations | 998 | 843 | 694 | 568 |
| Interest income | 6 | 7 | 7 | 6 |
| Interest expense | 68 | 72 | 80 | 75 |
| Net gain from termination of interest rate swap | - | - | - | 0 |
| Net gain from business divestiture | - | - | - | 8 |
| Net loss from debt transactions | -69 | -66 | - | -3 |
| Other, net | -3 | -5 | -7 | -12 |
| Other expense, net | -134 | -136 | -80 | -76 |
| Income before income taxes | 864 | 707 | 614 | 492 |
| Income tax expense (benefit) | 116 | 114 | 65 | 4 |
| Net income | 748 | 593 | 549 | 488 |
| Basic EPS | 3.38 | 2.75 | 2.58 | 2.291 |
| Diluted EPS | 3.27 | 2.6 | 2.43 | 2.228 |
| Basic Average Shares | 221,000,000 | 216,000,000 | 213,000,000 | 213,000,000 |
| Diluted Average Shares | 229,000,000 | 228,000,000 | 226,000,000 | 219,000,000 |
Seagate Technology Holdings plc (STX)
Seagate Technology Holdings plc (STX)