Seagate Technology quarterly revenue jumps 61.0% to $4.23 billion
Seagate Technology's revenue growth is speeding up. Results for the quarter ended October 2, 2026, from the earnings release filed with the SEC on Oct 27, 2026.
Snapshot
Seagate Technology's revenue growth is speeding up: revenue jumped 61.0% to $4.23 billion in the quarter ended October 2, 2026, from $2.63 billion a year earlier, after 48.5% year over year growth the quarter before.
- Independent Research
Market Data
| Company | 1D % | Price |
|---|---|---|
| ($STX) | ▼ −3.54% | 644.22 |
as of 10:03 ET · Realtime derived data
What We Know
Revenue for the quarter ended October 2, 2026 was $4.23 billion, versus $2.63 billion in the same quarter a year earlier, up 61.0%. That is its highest quarterly revenue of the last eight quarters. Diluted earnings per share was $7.59, up from $2.43.
Quarterly revenue by fiscal quarter end, oldest first: Dec 2024: $2.33 billion; Mar 2025: $2.16 billion; Jun 2025: $2.44 billion; Oct 2025: $2.63 billion; Jan 2026: $2.83 billion; Apr 2026: $3.11 billion; Jul 2026: $3.63 billion; Oct 2026: $4.23 billion.
Octans View
Year over year revenue change by quarter, computed from the filed figures: Jan 2026 up 21.5%; Apr 2026 up 44.1%; Jul 2026 up 48.5%; Oct 2026 up 61.0%. On those figures, Seagate Technology's revenue growth is speeding up. That read compares the latest two year over year growth rates and nothing else.
Bear Case · Room for Disagreement
This brief covers reported revenue and diluted earnings per share only. It does not cover guidance, margins, segment results, cash flow or the earnings call, and it makes no forecast. Revenue is the total on the release line we matched; a company's own adjusted measures can differ.
Method and source. Octans Research matched the revenue line in the earnings release (Exhibit 99.1) to the year ago quarter the company reported in its own XBRL financial data; the two must agree before anything is published. The quarterly history comes from the same XBRL data. The text is generated from those verified figures by a fixed template; no model wrote it.
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Sources
- [1]SEC EDGAR — Seagate Technology earnings release for the quarter ended October 2, 2026 (Exhibit 99.1), filed Oct 27, 2026
- [2]SEC EDGAR — Seagate Technology XBRL financial data (company facts)
These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.
$4.23B
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