Seagate Technology Holdings PLC Total Cost of Revenue increased by 1.0% to $1.67B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.9%, from $1.40B to $1.67B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows a downward trend with a -6.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.
Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...
Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.
total_cost_of_revenue| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.13B | $2.16B | $2.17B | $2.00B | $1.87B | $1.55B | $1.64B | $1.54B | $1.30B | $1.31B | $1.19B | $1.23B | $1.29B | $1.45B | $1.51B | $1.40B | $1.53B | $1.59B | $1.65B | $1.67B |
| QoQ Change | — | +1.5% | +0.4% | -7.9% | -6.4% | -16.9% | +5.7% | -6.1% | -15.8% | +0.5% | -8.6% | +3.1% | +4.6% | +13.0% | +4.1% | -7.5% | +9.3% | +4.1% | +3.6% | +1.0% |
| YoY Change | — | — | — | — | -12.2% | -28.1% | -24.3% | -22.8% | -30.6% | -16.0% | -27.3% | -20.2% | -0.8% | +11.4% | +26.8% | +13.8% | +18.9% | +9.5% | +9.0% | +18.9% |