FINHUB Insights

STX · Q1 FY26 · Jun 28 – Oct 3, 2025

Seagate Technology Q1 FY26: where the revenue came from and where it went

Seagate Technology Q1 FY26: revenue $2.6B (+21% year over year). Net profit $0.5B. Largest cohort US $1.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jun 28 – Oct 3, 2025
Reported
Oct 31, 2025 10-Q
Sankey diagram of Seagate Technology's income statement for Q1 FY26: revenue of $2.6 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$2.6B +21% year over year
Gross profit$1B 39% margin
Operating profit$0.7B 26% margin
Net profit$0.5B 21% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Oct 3, 2025).
ItemValueShare of revenueYear over year
Revenue 2.6 100% +21%
US 1.4 54% +26%
SG 1 38% +21%
NL 0.2 8% +0%
Cost of revenue−1.662%
Gross profit139% margin+7pp
Research & development−0.27%−1pp
SG&A−0.15%+0pp
Other−00%+0pp
Operating profit0.726% margin+8pp
Tax−0.1
Interest & other costs−0.1
Net profit0.521%+7pp
Filing on EDGAR More quarters of STX

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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