Seagate Technology Holdings plc (STX) Income Statement Analysis

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Complete financial analysis of Seagate Technology Holdings plc (STX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Seagate Technology Holdings plc, a leading company in the Computer Hardware industry within the Technology sector.

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Seagate Technology Holdings plc (STX)

Industry: Computer Hardware

Sector: Technology

Website: https://www.seagate.com

About Seagate Technology Holdings plc

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expansion product lines, as well as under the LaCie brand name; desktop drives; notebook drives, DVR HDDs, and gaming SSDs. In addition, it provides Lyve edge-to-cloud mass capacity platform. The company sells its products primarily to OEMs, distributors, and retailers. Seagate Technology Holdings plc was founded in 1978 and is based in Dublin, Ireland.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Revenue	6.55B	7.38B	11.66B	10.68B	10.51B	10.39B	11.18B	10.77B	11.16B	13.74B	13.72B	14.35B	14.94B	10.97B	11.40B	9.81B	12.71B	11.36B	9.21B	7.55B	6.22B	6.49B	6.09B	5.97B	6.07B
Cost of Revenue	5.01B	6.03B	8.19B	7.76B	7.67B	7.46B	7.82B	7.60B	8.55B	9.93B	9.88B	10.41B	10.26B	8.83B	8.19B	8.40B	9.50B	9.18B	7.07B	5.88B	4.77B	4.76B	4.49B	0.00	0.00
Gross Profit	1.55B	1.35B	3.47B	2.92B	2.84B	2.93B	3.36B	3.17B	2.62B	3.81B	3.85B	3.94B	4.68B	2.15B	3.20B	1.41B	3.21B	2.19B	2.14B	1.67B	1.46B	1.73B	1.59B	5.97B	6.07B
Gross Profit Ratio	23.60%	18.30%	29.75%	27.31%	27.04%	28.22%	30.08%	29.47%	23.43%	27.72%	28.02%	27.45%	31.35%	19.56%	28.12%	14.38%	25.22%	19.23%	23.21%	22.15%	23.44%	26.63%	26.17%	100.00%	100.00%
Research & Development	654.00M	797.00M	941.00M	903.00M	973.00M	991.00M	1.03B	1.23B	1.24B	1.35B	1.23B	1.13B	1.01B	875.00M	877.00M	953.00M	1.03B	904.00M	805.00M	645.00M	666.00M	670.00M	698.00M	0.00	0.00
General & Administrative	442.00M	461.00M	525.00M	0.00	454.00M	0.00	0.00	0.00	604.00M	793.00M	670.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	18.00M	30.00M	34.00M	0.00	19.00M	0.00	0.00	0.00	31.00M	64.00M	52.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	460.00M	491.00M	559.00M	502.00M	473.00M	453.00M	562.00M	606.00M	635.00M	857.00M	722.00M	635.00M	528.00M	445.00M	437.00M	537.00M	659.00M	589.00M	447.00M	306.00M	290.00M	357.00M	498.00M	0.00	0.00
Other Expenses	-30.00M	-41.00M	11.00M	12.00M	14.00M	23.00M	-18.00M	-29.00M	19.00M	113.00M	-33.00M	-54.00M	7.00M	2.00M	27.00M	55.00M	54.00M	49.00M	7.00M	0.00	349.00M	366.00M	19.00M	-6.66B	-6.36B
Operating Expenses	1.08B	1.29B	1.51B	1.42B	1.46B	1.47B	1.64B	1.94B	2.00B	2.34B	2.05B	1.85B	1.57B	1.32B	1.34B	1.55B	1.74B	1.54B	1.26B	951.00M	956.00M	1.03B	1.22B	-6.66B	-6.36B
Cost & Expenses	6.10B	7.32B	9.70B	9.18B	9.13B	8.93B	9.46B	9.54B	10.54B	12.27B	11.92B	12.26B	11.83B	10.15B	9.53B	9.94B	11.24B	10.72B	8.33B	6.83B	5.72B	5.79B	5.71B	-6.66B	-6.36B
Interest Income	15.00M	10.00M	2.00M	2.00M	20.00M	84.00M	38.00M	12.00M	3.00M	6.00M	8.00M	8.00M	8.00M	7.00M	6.00M	17.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	332.00M	313.00M	249.00M	220.00M	201.00M	224.00M	236.00M	222.00M	193.00M	207.00M	195.00M	214.00M	241.00M	214.00M	174.00M	134.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	264.00M	513.00M	451.00M	397.00M	379.00M	541.00M	598.00M	749.00M	815.00M	841.00M	879.00M	873.00M	814.00M	754.00M	780.00M	931.00M	844.00M	851.00M	612.00M	466.00M	422.00M	443.00M	405.00M	6.66B	6.36B
EBITDA	1.03B	301.00M	2.41B	1.90B	1.76B	2.01B	2.33B	1.98B	1.49B	2.31B	2.67B	2.92B	3.94B	1.55B	2.52B	-1.74B	2.30B	1.55B	1.58B	722.00M	917.00M	1.14B	783.00M	5.97B	6.07B
EBITDA Ratio	15.72%	7.34%	20.43%	18.47%	16.12%	20.36%	20.93%	18.23%	13.06%	17.69%	19.34%	20.35%	26.38%	14.45%	23.25%	8.29%	18.68%	13.27%	15.99%	15.44%	15.62%	17.76%	14.29%	100.00%	100.00%
Operating Income	452.00M	-342.00M	1.96B	1.49B	1.30B	1.49B	1.63B	1.05B	445.00M	2.06B	1.78B	2.09B	3.11B	806.00M	1.74B	-2.64B	1.38B	614.00M	874.00M	722.00M	444.00M	691.00M	374.00M	-697.00M	-285.00M
Operating Income Ratio	6.90%	-4.63%	16.77%	13.97%	12.37%	14.31%	14.61%	9.79%	3.99%	14.98%	12.94%	14.57%	20.80%	7.35%	15.27%	-26.87%	10.83%	5.40%	9.49%	9.56%	7.13%	10.65%	6.14%	-11.68%	-4.69%
Total Other Income/Expenses	-7.00M	-154.00M	-276.00M	-144.00M	-268.00M	-115.00M	-216.00M	-239.00M	-171.00M	-88.00M	-220.00M	-260.00M	-226.00M	-227.00M	-284.00M	-179.00M	-47.00M	-53.00M	50.00M	10.00M	-16.00M	-31.00M	-135.00M	0.00	0.00
Income Before Tax	445.00M	-496.00M	1.68B	1.35B	1.03B	1.37B	1.42B	815.00M	274.00M	1.97B	1.56B	1.83B	2.88B	579.00M	1.57B	-2.78B	1.33B	561.00M	924.00M	732.00M	428.00M	660.00M	239.00M	0.00	0.00
Income Before Tax Ratio	6.79%	-6.72%	14.40%	12.62%	9.82%	13.21%	12.68%	7.57%	2.46%	14.34%	11.34%	12.76%	19.29%	5.28%	13.77%	-28.30%	10.46%	4.94%	10.04%	9.69%	6.88%	10.18%	3.93%	0.00%	0.00%
Income Tax Expense	110.00M	33.00M	30.00M	34.00M	28.00M	-640.00M	236.00M	43.00M	26.00M	228.00M	-14.00M	-7.00M	20.00M	68.00M	-40.00M	311.00M	67.00M	-352.00M	84.00M	25.00M	-101.00M	19.00M	86.00M	-175.00M	-651.00M
Net Income	335.00M	-529.00M	1.65B	1.31B	1.00B	2.01B	1.18B	772.00M	248.00M	1.74B	1.57B	1.84B	2.86B	511.00M	1.61B	-3.09B	1.26B	913.00M	840.00M	707.00M	529.00M	641.00M	153.00M	-522.00M	366.00M
Net Income Ratio	5.11%	-7.16%	14.14%	12.30%	9.55%	19.36%	10.57%	7.17%	2.22%	12.68%	11.44%	12.81%	19.16%	4.66%	14.12%	-31.47%	9.93%	8.04%	9.12%	9.36%	8.50%	9.88%	2.51%	-8.75%	6.03%
EPS	1.60	-2.56	7.50	5.43	3.83	7.13	4.10	2.61	0.83	5.38	4.66	4.97	6.72	1.13	3.28	-6.32	2.46	1.64	1.70	1.51	1.17	1.53	0.38	-1.30	0.91
EPS Diluted	1.58	-2.56	7.36	5.36	3.79	7.06	4.05	2.58	0.82	5.26	4.52	4.81	6.49	1.09	3.14	-6.32	2.36	1.56	1.60	1.41	1.06	1.36	0.36	-1.14	0.80
Weighted Avg Shares Out	209.00M	207.00M	220.00M	242.00M	262.00M	282.00M	288.00M	296.00M	299.00M	324.00M	337.00M	370.00M	426.00M	451.00M	491.00M	488.00M	512.00M	558.00M	495.00M	468.00M	452.00M	418.00M	401.00M	402.00M	402.00M
Weighted Avg Shares Out (Dil)	212.00M	207.00M	224.00M	245.00M	265.00M	285.00M	292.00M	299.00M	302.00M	331.00M	347.00M	382.00M	441.00M	467.00M	514.00M	488.00M	538.00M	587.00M	524.00M	502.00M	498.00M	470.00M	428.00M	456.00M	456.00M

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