# Seagate Technology Holdings plc (STX) FY2024 Annual P&L / Income Statement

- Company: Seagate Technology Holdings plc (STX)
- Period: 2023-07-01 to 2024-06-28
- Filing: FY2024 10-K, filed 2024-08-02, accession number 0001137789-24-000068
- Page: https://plicit.ai/financials/stx/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/stx-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Geography

Income statement for 2023-07-01 through 2024-06-28. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 6,551,000,000 US dollars
- **Cost of revenue**: 5,015,000,000 US dollars
- **Gross profit (calculated)**: 1,536,000,000 US dollars
- **Operating expenses (calculated)**: 1,084,000,000 US dollars
- **Income (loss) from operations**: 452,000,000 US dollars
- **Other expense, net**: negative 7,000,000 US dollars
- **Income (loss) before income taxes**: 445,000,000 US dollars
- **Provision for income taxes**: 110,000,000 US dollars
- **Net income (loss)**: 335,000,000 US dollars
- **SINGAPORE**: 3,429,000,000 US dollars
- **UNITED STATES**: 2,308,000,000 US dollars
- **NETHERLANDS**: 802,000,000 US dollars
- **Other**: 12,000,000 US dollars
- **Amortization of intangibles**: 0 US dollars
- **BIS settlement penalty**: 0 US dollars
- **Marketing and administrative**: 460,000,000 US dollars
- **Product development**: 654,000,000 US dollars
- **Restructuring and other, net**: negative 30,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Sales Channel

- Page: https://plicit.ai/financials/stx/fy2024-annual-income-statement/revenue-by-sales-channel
- Chart image: https://plicit.ai/charts/stx-fy2024-annual-revenue-by-sales-channel-sankey.png

Income statement for 2023-07-01 through 2024-06-28. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 6,551,000,000 US dollars
- **Cost of revenue**: 5,015,000,000 US dollars
- **Gross profit (calculated)**: 1,536,000,000 US dollars
- **Operating expenses (calculated)**: 1,084,000,000 US dollars
- **Income (loss) from operations**: 452,000,000 US dollars
- **Other expense, net**: negative 7,000,000 US dollars
- **Income (loss) before income taxes**: 445,000,000 US dollars
- **Provision for income taxes**: 110,000,000 US dollars
- **Net income (loss)**: 335,000,000 US dollars
- **OEMs**: 4,896,000,000 US dollars
- **Distributors**: 972,000,000 US dollars
- **Retailers**: 683,000,000 US dollars
- **Amortization of intangibles**: 0 US dollars
- **BIS settlement penalty**: 0 US dollars
- **Marketing and administrative**: 460,000,000 US dollars
- **Product development**: 654,000,000 US dollars
- **Restructuring and other, net**: negative 30,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.