Seagate Technology Q3 FY26: where the revenue came from and where it went
The whole income statement of Seagate Technology for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 3 – Apr 3, 2026
- Reported
- Apr 29, 2026
Revenue$3.11B
+44% year over year
Gross profit$1.45B
46% margin
Operating profit$1.00B
32% margin
Net profit$0.75B
24% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 3.11 | 100% | +44% |
| US | 1.63 | 52% | +50% |
| SG | 1.17 | 38% | +38% |
| NL | 0.31 | 10% | +40% |
| Other countries | <0.01 | 0% | +0% |
| Cost of revenue | −1.67 | 54% | |
| Gross profit | 1.45 | 46% margin | +11pp |
| R&D | −0.19 | 6% | −2pp |
| SG&A | −0.14 | 4% | −2pp |
| Other | −0.11 | 4% | +0pp |
| Operating profit | 1.00 | 32% margin | +12pp |
| Interest & other costs | −0.13 | ||
| Tax | −0.12 | ||
| Net profit | 0.75 | 24% margin | +8pp |
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