Symbols

STX

Seagate Technology·NASDAQ

--(--)

STX fundamentals

STX Q2 2026 Earnings

Seagate Technology (STX) released its earnings on Jan 27, 2026: revenue was 2.83B (YoY +21.72%), beat estimates; EPS was 3.11 (YoY +53.20%), beat estimates.

Revenue / YoY

2.83B

+21.72%

EPS / YoY

3.11

+53.20%

Report date

Jan 27, 2026

STX Earnings Call Summary for Q2,2026

Record Q2 Performance: $2.83B revenue (22% YoY), 42.2% gross margin, $3.11 EPS beat expectations.
HAMR Momentum: 1.5M HAMR units shipped, Mozaic 3 qualified with all U.S. CSPs, Mozaic 4 ramping Q1 2026.
AI-Driven Growth: Exabyte shipments +26% YoY, nearline capacity fully allocated through 2026.
Financial Strength: $607M free cash flow, $500M debt retired, Q3 EPS guidance $3.40.
2027 Outlook: Flat to up pricing possible, HAMR 4TB/drive to drive cost efficiency improvements.

Earnings

EPS

Revenue

Revenue & Expenses

STX has released its 2026 Q2 earnings report, with revenue of 2.83B, reflecting a YoY change of 21.51%, and net profit of 593.00M, showing a YoY change of 76.49%. The Sankey diagram below clearly presents STX's revenue sources and cost distribution.

Key Indicators

Seagate Technology (STX) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

Seagate Technology (STX)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.

Trend

Breakdown

Balance Sheet

Seagate Technology (STX)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.

Trend

Breakdown

Cash Flow

Seagate Technology (STX)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.

Trend

Breakdown