Seagate Technology Holdings plc (STX) FY2026 Q1 P&L / Income Statement

Seagate Technology Holdings plc (STX) FY2026 Q1 P&L / Income Statement

Income statement for 2025-06-28 through 2025-10-03. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

2,629,000,000 US dollars

Cost of revenue

1,592,000,000 US dollars

Gross profit (calculated)

1,037,000,000 US dollars

Operating expenses (calculated)

343,000,000 US dollars

Income from operations

694,000,000 US dollars

Other expense, net

negative 80,000,000 US dollars

Income before income taxes

614,000,000 US dollars

Income tax expense (benefit)

65,000,000 US dollars

Net income

549,000,000 US dollars

OEMs

2,180,000,000 US dollars

Distributors

279,000,000 US dollars

Retailers

170,000,000 US dollars

Marketing and administrative

144,000,000 US dollars

Product development

186,000,000 US dollars

Restructuring and other, net

13,000,000 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.