Seagate Technology said it recorded revenue of approximately $9.1 billion, a gross margin of 35% and net income of $1.5 billion in fiscal 2025, and shipped 595 exabytes of HDD storage capacity.

1. 01

   Seagate Technology said it recorded revenue of approximately $9.1 billion, a gross margin of 35% and net income of $1.5 billion in fiscal 2025, and shipped 595 exabytes of HDD storage capacity.

2. 02

   Seagate Technology said revenue for 2025 increased approximately 39%, or $2.5 billion, from the prior year, with gross margin rising 12 percentage points, citing an increase in mass capacity exabytes shipped, product mix and pricing actions undertaken by the company as factors.

3. 03

   Seagate Technology said operating cash flow for fiscal 2025 was $1.1 billion, it paid dividends of $600 million, net cash used in financing activities was $1.3 billion and net cash used in investing activities was $276 million.

4. 04

   The company said that as of June 27, 2025 it had cash and cash equivalents of approximately $891 million, could borrow $1.3 billion under its Revolving Credit Facility and believed its sources of cash would be sufficient to fund its operations and meet its cash requirements for at least the next 12 months.

Key figures

Fiscal year ended June 27, 2025

Revenue

$9.1B

Operating income

$1.9B

Net income

$1.5B

EPS

$6.77

Operating cash flow

$1.1B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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