# Seagate Technology Holdings plc (STX) FY2025 Q1 P&L / Income Statement

- Company: Seagate Technology Holdings plc (STX)
- Period: 2024-06-29 to 2024-09-27
- Filing: Q1 FY2025 10-Q, filed 2024-10-25, accession number 0001137789-24-000182
- Page: https://plicit.ai/financials/stx/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/stx-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Geography

Income statement for 2024-06-29 through 2024-09-27. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 2,168,000,000 US dollars
- **Cost of revenue**: 1,454,000,000 US dollars
- **Gross profit (calculated)**: 714,000,000 US dollars
- **Operating expenses (calculated)**: 311,000,000 US dollars
- **Income (loss) from operations**: 403,000,000 US dollars
- **Other expense, net**: negative 87,000,000 US dollars
- **Income (loss) before income taxes**: 316,000,000 US dollars
- **Income tax expense (benefit)**: 11,000,000 US dollars
- **Net income (loss)**: 305,000,000 US dollars
- **SINGAPORE**: 860,000,000 US dollars
- **UNITED STATES**: 1,097,000,000 US dollars
- **NETHERLANDS**: 210,000,000 US dollars
- **Other**: 1,000,000 US dollars
- **Marketing and administrative**: 129,000,000 US dollars
- **Product development**: 181,000,000 US dollars
- **Restructuring and other, net**: 1,000,000 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/fy2025-q1-income-statement/revenue-by-sales-channel
- Chart image: https://plicit.ai/charts/stx-fy2025-q1-revenue-by-sales-channel-sankey.png

Income statement for 2024-06-29 through 2024-09-27. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 2,168,000,000 US dollars
- **Cost of revenue**: 1,454,000,000 US dollars
- **Gross profit (calculated)**: 714,000,000 US dollars
- **Operating expenses (calculated)**: 311,000,000 US dollars
- **Income (loss) from operations**: 403,000,000 US dollars
- **Other expense, net**: negative 87,000,000 US dollars
- **Income (loss) before income taxes**: 316,000,000 US dollars
- **Income tax expense (benefit)**: 11,000,000 US dollars
- **Net income (loss)**: 305,000,000 US dollars
- **OEMs**: 1,749,000,000 US dollars
- **Distributors**: 248,000,000 US dollars
- **Retailers**: 171,000,000 US dollars
- **Marketing and administrative**: 129,000,000 US dollars
- **Product development**: 181,000,000 US dollars
- **Restructuring and other, net**: 1,000,000 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.