Filing Flows › Seagate Technology Holdings (STX) › Q3 FY26
Seagate Technology Holdings (STX) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Apr 29, 2026
Seagate Technology Holdings (STX) reported revenue of $3.1B for the third quarter fiscal 2026 (Q3 FY26), +44% from a year earlier and +10% from the quarter before. Operating margin was 32.1%, net earnings $748M (24.0% of revenue).
Seagate Technology Holdings, Q3 FY26: revenue $3.1B (+44% year over year), operating margin 32.1%, net earnings $748M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1B | +10% | +44% |
| Operating profit | $998M | +18% | +132% |
| Net earnings | $748M | +26% | +120% |
| Operating cash flow | $1.1B | +54% | +330% |
| Free cash flow | $953M | +57% | +341% |
What changed
Revenue was $3.1B in Q3 FY26, up 44% year over year and up 10% from the previous quarter.
Operating profit was $1.0B, a 32.1% margin (up 12.1 points year over year). Of the extra revenue versus Q3 FY25, 60% reached operating profit, above the 20% margin then. Total costs grew 22% against revenue growth of 44%. The fastest-growing cost line was Other operating costs (+1020%). Net earnings were $0.75B, up 120% year over year. The effective tax rate was 13.4%.
Operating cash flow was $1.1B (up 330% year over year), 149% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items added $0.25B. Capital expenditures of $0.16B left free cash flow of $1.0B.
Questions
What was Seagate Technology Holdings' revenue in the third quarter fiscal 2026?
Seagate Technology Holdings (STX) reported revenue of $3.1B for the third quarter fiscal 2026 (Q3 FY26), +44% from a year earlier and +10% from the quarter before.
Was Seagate Technology Holdings profitable in the third quarter fiscal 2026?
Operating profit was $998M (32.1% of revenue) and net earnings $748M.