Financial insights of STX

MyFinsight

For the quarter ending 2026-01-02, STX made $2,825M in revenue. $593M in net income. Net profit margin of 20.99%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2026-01-02	2025-10-03	2025-06-27	2025-03-28
Revenue	2,825	2,629	2,444	2,160
Cost of revenue	1,649	1,592	1,530	1,400
Product development	187	186	179	180
Marketing and administrative	143	144	154	139
Amortization of intangibles	-	-	0	-
Bis settlement penalty	-	-	0	-
Restructuring and other, net	3	13	13	10
Total operating expenses	1,982	1,935	1,876	1,729
Income from operations	843	694	568	431
Interest income	7	7	6	4
Interest expense	72	80	81	77
Net gain from termination of interest rate swap	-	-	0	0
Net gain from business divestiture	-	-	14	-
Net loss from debt transactions	-66	-	-3	-4
Other, net	-5	-7	-12	1
Other expense, net	-136	-80	-76	-76
Income before income taxes	707	614	492	355
Income tax expense (benefit)	114	65	4	15
Net income	593	549	488	340

Basic (in dollars per share)	2.75	2.58	2.3	1.6
Basic (in shares)	216,000,000	213,000,000	-423,000,000	212,000,000
Diluted (in dollars per share)	2.6	2.43	2.24	1.57
Diluted (in shares)	228,000,000	226,000,000	-432,000,000	216,000,000