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Seagate Technology Holdings plc reports developments in mass-capacity data storage, including hard disk drive technology, enterprise storage demand, and consumer storage products. The company serves hyperscale cloud providers, enterprises, and consumers with storage solutions used to protect, create, manage, and scale data.
Recurring Seagate news includes fiscal results, dividend actions, investor-event participation, board governance updates, and product announcements across its Seagate, FireCuda, and LaCie brands. Technology updates also cover its Mozaic platforms, HAMR-based storage, high-capacity drives, and customer qualification activity in hyperscale environments.
Seagate (NASDAQ: STX) reported fiscal Q1 2026 results for the quarter ended October 3, 2025: revenue $2.63B (up 21% YoY), GAAP EPS $2.43 and non-GAAP EPS $2.61. Gross margins reached record levels: GAAP 39.4% and non-GAAP 40.1%. Cash flow from operations was $532M and free cash flow $427M. The company returned $182M to shareholders via dividends and buybacks and raised the quarterly dividend ~3% to $0.74 per share.
Q2 fiscal 2026 guidance: revenue $2.70B ± $100M and non-GAAP EPS $2.75 ± $0.20, which incorporates estimated Pillar Two tax effects and estimated dilution from exchangeable notes.
Seagate Technology (NASDAQ: STX) will report fiscal first quarter 2026 financial results after the U.S. market close on Tuesday, October 28, 2025.
An investor conference call is scheduled the same day at 2:00 PM PT / 5:00 PM ET, and a live audio webcast will be available at investors.seagate.com.
Seagate Technology (NASDAQ: STX) has announced the appointment of Thomas (Tom) Szlosek to its Board of Directors, effective August 23, 2025. Szlosek will also serve on the Board's Audit and Finance Committee.
Szlosek brings over 30 years of global financial leadership experience and currently serves as Executive Vice President and CFO of AutoNation. His previous roles include CFO positions at Avantor Inc. and Honeywell International, along with senior finance roles at General Electric and Price Waterhouse Coopers. He is a Certified Public Accountant and currently serves on the board of RXO Inc.
Seagate Technology (NASDAQ: STX), a mass-capacity data storage innovator, has announced its participation in three upcoming investor conferences in August and September 2025.
The company will attend the Evercore ISI Semiconductor Conference on August 26 for investor meetings, the Citi Global TMT Conference on September 3 with a presentation at 10:50 AM ET, and the Goldman Sachs Communacopia + Technology Conference on September 8 with a presentation at 1:10 PM ET. All presentations will be available via webcast on Seagate's Investor Relations website with replays accessible for at least 30 days.
Seagate Technology (NASDAQ: STX) reported strong financial results for Q4 and fiscal year 2025. Q4 revenue reached $2.44 billion, marking a 30% year-over-year increase. The company achieved GAAP diluted EPS of $2.24 and non-GAAP EPS of $2.59 in Q4.
For fiscal year 2025, Seagate generated revenue of $9.10 billion with GAAP diluted EPS of $6.77 and non-GAAP EPS of $8.10. The company demonstrated robust cash flow, generating $1.1 billion from operations and $818 million in free cash flow for the year. Seagate reduced its debt by $684 million during FY2025 and declared a quarterly dividend of $0.72 per share.
Looking ahead, Seagate projects Q1 FY2026 revenue of $2.50 billion ±$150 million and non-GAAP diluted EPS of $2.30 ±$0.20.
Seagate Technology (NASDAQ: STX) announced a significant leadership change as CEO Dave Mosley has been unanimously elected to the additional role of Board Chair, effective after the company's 2025 Annual General Meeting in October. Current Board Chair Michael R. Cannon will transition to the role of Lead Independent Director while maintaining his board position.
Mosley, who has been with Seagate for nearly 30 years and served as CEO since 2017, has been credited with driving operational performance and advancing the company's technology roadmap. His appointment reflects the Board's confidence in his strategic vision for Seagate's future growth in the expanding data storage market.
[ "Unified leadership structure with CEO taking Board Chair role indicates strong confidence in current management", "Retention of experienced leadership with Mosley's 30-year tenure at Seagate", "Maintains board continuity with Cannon transitioning to Lead Independent Director role" ]Seagate Technology (NASDAQ: STX), a mass-capacity data storage solutions provider, has scheduled the release of its fiscal fourth quarter and fiscal year 2025 financial results for July 29, 2025, after market close. The company will host an investment community conference call to discuss the results at 2:00 PM PT / 5:00 PM ET on the same day. Investors can access the live audio webcast through Seagate's Investor Relations website at investors.seagate.com.
Seagate Technology (NASDAQ: STX) has announced the global availability of its new 30TB Exos M and IronWolf Pro hard drives, powered by HAMR technology and the Mozaic 3+ platform. The launch comes amid increasing demand for high-capacity storage driven by AI deployments, with Seagate having shipped over one million Mozaic drives.
The drives are priced at $599.99 for 30TB models and $569.99 for 28TB versions. This release addresses the growing need for data center storage as approximately 90% of world's data is stored in just 10 countries, while nearly 150 countries adopt data sovereignty requirements. The drives are specifically designed to support AI workloads, with HPE forecasting the on-prem AI market to grow at a 90% CAGR to $42 billion within three years.
Seagate Technology (NASDAQ: STX) announced the final results of its exchange offers and consent solicitations for senior notes. The company received tenders for an aggregate of $2.81 billion in principal amount of old notes issued by Seagate HDD Cayman to be exchanged for new notes issued by Seagate Data Storage Technology Pte. Ltd. (SDST).
The exchange offers achieved high participation rates, ranging from 66.86% to 98.40% across eight series of notes. Eligible holders who tendered their notes will receive $1,000 principal amount of new notes and $1.25 in cash for each $1,000 principal amount of old notes. The settlement is expected on June 30, 2025.
[ "High participation rates with up to 98.40% of notes tendered across series", "Successfully received required consents to adopt proposed amendments for all note series", "Exchange offers maintain debt structure while providing additional $1.25 cash per $1,000 of notes" ]