Seagate Technology Holdings (STX) FY2025 results: revenue $9.1 billion, up 38.9% on the year
Seagate Technology Holdings plc (STX) reported revenue of $9.1 billion for fiscal 2025, the year ended 27 June 2025, up 38.9% on the year before. Net income was $1.5 billion, up 338.5%, and diluted earnings per share $6.77. The figures are the company's own, from the 10-K it filed with the SEC on 1 August 2025.
Revenue
$9.1 billion
+38.9% on the year
FY2018FY2025
Operating margin
20.8%
6.9% a year earlier
FY2018FY2025
Net income
$1.5 billion
+338.5% on the year
FY2018FY2025
Diluted EPS
$6.77
+328.5% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
1,083
918
942
+18.0%
Capital expenditure
265
254
316
+4.3%
Free cash flow
818
664
626
+23.2%
Free cash flow margin
9.0%
10.1%
8.5%
Cash from investing
-276
126
217
Cash from financing
-1,274
-473
-988
Depreciation and amortisation
251
264
513
-4.9%
Share-based compensation
200
127
115
+57.5%
Buybacks
0.0
0.0
408
Dividends paid
600
585
582
+2.6%
Dividend per share
$2.86
$2.80
$2.80
+2.1%
Diluted shares, weighted
217m
212m
207m
+2.4%
Shares outstanding at period end
213m
210m
207m
+1.2%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
-453
-1,491
-1,199
Debt
5,046
5,729
5,518
-11.9%
Operating lease liabilities
317
338
333
-6.2%
Other liabilities
3,113
3,163
2,904
-1.6%
Total liabilities and equity
8,023
7,739
7,556
+3.7%
Fixed assets
1,657
1,614
1,706
+2.7%
Goodwill
1,221
1,219
1,237
+0.2%
Intangible assets
n/a
n/a
0.0
Securities held for sale or to maturity
n/a
n/a
90.0
Cash and equivalents
891
1,358
786
-34.4%
Receivables
959
429
621
+123.5%
Inventory
1,440
1,239
1,140
+16.2%
Other assets
1,855
1,880
1,976
-1.3%
Total assets
8,023
7,739
7,556
+3.7%
10-K for the year ended 27 June 2025, filed 1 August 2025: the filing.