Operating Income

Gross Profit

Seagate Technology Holdings PLC Gross Profit increased by 23.0% to $1.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 90.4%, from $760.00M to $1.45B. Over 4 years (FY 2021 to FY 2025), Gross Profit shows relatively stable performance with a 2.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.

Detailed definition

The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...

Peer comparison

Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.

Metric ID: gross_profit

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$885.00M$956.00M$948.00M$806.00M$759.00M$482.00M$246.00M$319.00M$304.00M$149.00M$362.00M$425.00M$600.00M$714.00M$812.00M$760.00M$914.00M$1.04B$1.18B$1.45B
QoQ Change+8.0%-0.8%-15.0%-5.8%-36.5%-49.0%+29.7%-4.7%-51.0%+143.0%+17.4%+41.2%+19.0%+13.7%-6.4%+20.3%+13.5%+13.4%+23.0%
YoY Change-14.2%-49.6%-74.1%-60.4%-59.9%-69.1%+47.2%+33.2%+97.4%+379.2%+124.3%+78.8%+52.3%+45.2%+44.8%+90.4%
Range$149.00M$1.45B
CAGR+10.9%
Avg YoY Growth+41.6%
Median YoY Growth+45.0%
Current Streak4 quarters growth

Frequently Asked Questions

What is Seagate Technology Holdings PLC's gross profit?
Seagate Technology Holdings PLC (STX) reported gross profit of $1.45B in Q1 2026.
How has Seagate Technology Holdings PLC's gross profit changed year-over-year?
Seagate Technology Holdings PLC's gross profit increased by 90.4% year-over-year, from $760.00M to $1.45B.
What is the long-term trend for Seagate Technology Holdings PLC's gross profit?
Over 4 years (2021 to 2025), Seagate Technology Holdings PLC's gross profit has grown at a 2.3% compound annual growth rate (CAGR), from $2.92B to $3.20B.
What does gross profit mean?
The money left over from sales after paying for the direct cost of goods sold.