1、 Seagate General Information Investor Relations Contact:Shanye Hudson,(510)661-1600 Media Contact:Karin Taylor,(408)772-8279 SEAGATE TECHNOLOGY REPORTS FISCAL FIRST QUARTER 2026 FINANCIAL RESULTS Fiscal Q1 2026 Highlights Revenue of$2.63 billion GAAP gross margin of 39.4%;non-GAAP gross margin of 40
2、.1%,both at record levels GAAP diluted earnings per share(EPS)of$2.43;non-GAAP diluted EPS of$2.61 Cash flow from operations of$532 million and free cash flow of$427 million Returned$182 million to shareholders through dividends and the repurchase of ordinary shares;increased quarterly cash dividend
3、 by approximately 3%to$0.74 per share Singapore October 29,2025-Seagate Technology Holdings plc(NASDAQ:STX)(the“Company”or“Seagate”),a leading innovator of mass-capacity data storage,today reported financial results for its fiscal first quarter ended October 3,2025.Seagate delivered strong September
4、 quarter results,with revenue growth of 21%year-over-year and non-GAAP EPS exceeding the high end of our guided range.Our performance underscores the teams strong execution and robust customer demand for our high-capacity storage products,said Dave Mosley,Seagates chair and chief executive officer.W
5、ith clear visibility into sustained demand strength,we are ramping shipments of our areal density-leading Mozaic HAMR products,which are now qualified with five of the worlds largest cloud customers.These products address customers performance,durability and TCO needs at scale to continue supporting
6、 demand for existing use cases such as social media video platforms as well as growth driven by new AI applications.AI is transforming how content is being consumed and generated,increasing the value of data and storage and Seagate is well positioned for continued profitable growth,Mosley concluded.