Seagate Technology profit margin STX
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 26.1%
- Operating margin, 12 months
- 33.6%
- Net margin on a year earlier
- +10.0 pts
- Peer median
- 11.9%
Over the twelve months to Jul 3, 2026, Seagate Technology kept 26.1% of its revenue as net profit, with an operating margin of 33.6% and a gross margin of 45.6%.
Five years earlier its net margin was 12.3%.
The median for 10 computer hardware stocks of a similar size is 11.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 26.1% | 33.6% | 45.6% |
| FY2025 | 16.1% | 20.8% | 35.2% |
| FY2024 | 5.1% | 6.9% | 23.4% |
| FY2023 | −7.2% | −4.6% | 18.3% |
| FY2022 | 14.1% | 16.8% | 29.7% |
| FY2021 | 12.3% | 14.0% | 27.3% |
| FY2020 | 9.6% | 12.4% | 27.0% |
| FY2019 | 19.4% | 14.3% | 28.2% |
| FY2018 | 10.6% | 14.6% | 30.1% |
| FY2017 | 7.2% | 9.8% | 29.5% |
| FY2016 | 2.2% | 4.0% | 23.4% |
| FY2015 | 12.7% | 15.0% | 27.7% |
| FY2014 | 11.4% | 12.9% | 28.0% |
| FY2013 | 12.8% | 14.6% | 27.5% |
| FY2012 | 19.2% | 20.8% | 31.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q4 FY26 | 26.1% | +10.0 pts | 33.6% | |
| Q3 FY26 | 21.6% | +4.1 pts | 28.2% | |
| Q2 FY26 | 19.6% | +4.9 pts | 25.2% | |
| Q1 FY26 | 17.9% | +6.6 pts | 22.8% | |
| Q4 FY25 | 16.1% | +11.0 pts | 20.8% | |
| Q3 FY25 | 17.5% | +21.8 pts | 19.2% | |
| Q2 FY25 | 14.7% | +25.9 pts | 16.8% | |
| Q1 FY25 | 11.3% | +22.2 pts | 13.5% | |
| Q4 FY24 | 5.1% | +12.3 pts | 6.9% | |
| Q3 FY24 | −4.3% | −2.4 pts | 2.6% | |
| Q2 FY24 | −11.3% | −17.9 pts | −4.5% | |
| Q1 FY24 | −10.9% | −21.8 pts | −8.5% |
Against its peers
Companies in Computer Hardware nearest Seagate Technology's size, closest first, today.
| Company | Profit margin |
|---|---|
| STXSeagate Technology | 26.1% |
| WDCWestern Digital | 69.2% |
| SNDKSandisk | 56.5% |
| ANETArista Networks | 38.4% |
| HPEHewlett Packard Enterprise | 6.4% |
| DELLDell Technologies | 7.5% |
| NTAPNetApp | 19.2% |
| PEverpure | 5.9% |
| HPQHP | 4.1% |
| SMCISuper Micro Computer | 5.7% |
| LOGILogitech International | 16.3% |
| Peer median | 11.9% |
Where Seagate Technology ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Seagate Technology
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.