Seagate Technology Holdings plc (STX) FY2026 Annual P&L / Income Statement

Revenue by Sales Channel

2025-06-28 to 2026-07-03

Swipe to see the full flow
Seagate Technology Holdings plc (STX) FY2026 Annual P&L / Income StatementIncome statement for 2025-06-28 through 2026-07-03. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETOEMsDistributorsRetailersRevenueGross profit (calculated)Cost of revenueIncome from operationsOperating expenses (calculated)Product developmentMarketing and administrativeLegal settlementRestructuring and other, netIncome before income taxesOther expense, netNet incomeProvision for income taxesGross profit (calculated)Gross profit(calculated)$5.56 BRevenueRevenue$12.20 BIncome from operationsIncome from operations$4.09 BIncome before income taxesPretax income$3.69 BNet incomeNet income$3.18 BOEMsOEMs$9.82 BOperating expenses (calculated)Operating expenses(calculated)$1.46 BProvision for income taxesProvision forincome taxes$506.00 MCost of revenueCost of revenue$6.64 BProduct developmentProduct development$755.00 MOther expense, netOther expense, net−$404.00 MMarketing and administrativeMarketing and administrative$577.00 MDistributorsDistributors$1.64 BLegal settlementLegal settlement$105.00 MRetailersRetailers$738.00 MRestructuring and other, netRestructuring and other, net$27.00 M
Chart details

Seagate Technology Holdings plc (STX) FY2026 Annual P&L / Income Statement

Income statement for 2025-06-28 through 2026-07-03. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
12,195,000,000 US dollars
Cost of revenue
6,637,000,000 US dollars
Gross profit (calculated)
5,558,000,000 US dollars
Operating expenses (calculated)
1,464,000,000 US dollars
Income from operations
4,094,000,000 US dollars
Other expense, net
negative 404,000,000 US dollars
Income before income taxes
3,690,000,000 US dollars
Provision for income taxes
506,000,000 US dollars
Net income
3,184,000,000 US dollars
OEMs
9,819,000,000 US dollars
Distributors
1,638,000,000 US dollars
Retailers
738,000,000 US dollars
Legal settlement
105,000,000 US dollars
Marketing and administrative
577,000,000 US dollars
Product development
755,000,000 US dollars
Restructuring and other, net
27,000,000 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.
Seagate Technology Holdings plc (STX) FY2026 Annual Revenue by Sales Channel Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

45.6%

Gross profit / revenue

Operating margin

33.6%

Operating profit / revenue

Cash conversion

115.4%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!