Seagate Technology Holdings plc
Explore Seagate Technology Holdings plc
Core profile pages, annual revenue records, and related research hubs for this company.
CorpDigest
Seagate Technology Holdings plc
Explore Seagate Technology Holdings plc
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2023 Revenue
$7.0B
▼ 50.6% vs FY2022 ($14.1B)
Source: Annual report / company filing
Seagate Technology Holdings plc reported $7.0B in revenue for fiscal year 2023. This represents a decline of 50.6% compared to the 2022 figure of $14.1B. In 2024, revenue increased to $7.5B.
Revenue collapsed roughly 50.6% to $6.96 billion in fiscal 2023 as major cloud customers paused storage purchases to digest excess inventory during a brutal industry downturn.
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.