Seagate Technology Holdings PLC Total Operating Expenses increased by 6.7% to $2.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.3%, from $1.73B to $2.11B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows a downward trend with a -5.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| Q2 '21 | Q3 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.51B | $2.53B | $2.54B | $2.37B | $2.27B | $1.93B | $2.05B | $2.18B | $1.58B | $1.58B | $1.43B | $1.51B | $1.57B | $1.77B | $1.84B | $1.73B | $1.88B | $1.94B | $1.98B | $2.11B |
| QoQ Change | — | +0.9% | +0.3% | -6.4% | -4.4% | -15.0% | +6.2% | +6.3% | -27.5% | +0.4% | -9.6% | +5.7% | +4.0% | +12.2% | +4.1% | -5.9% | +8.5% | +3.1% | +2.4% | +6.7% |
| YoY Change | — | — | — | — | -9.5% | -23.8% | -19.3% | -8.3% | -30.5% | -17.9% | -30.1% | -30.5% | -0.2% | +11.5% | +28.4% | +14.4% | +19.3% | +9.6% | +7.9% | +22.3% |