Seagate reports fiscal Q1 2027 financial results with $4.2 billion revenue
GAAP EPS reached $7.59 while the company returned $568 million to shareholders and increased dividends.
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Mass-capacity data storage provider
seagate.comLast updated
In short: Seagate reported record Q1 FY2027 results with 61% revenue growth as AI-driven storage demand surged.
GAAP EPS reached $7.59 while the company returned $568 million to shareholders and increased dividends.
The post emphasizes continued demand shaping the storage industry and discusses mass-capacity storage value for organizations.
The company generated $12.2 billion in revenue and $3.5 billion in non-GAAP net income. Seagate returned $810 million to shareholders and reduced debt by $1.4 billion during the fiscal year.
Revenue grew to $3.6 billion with GAAP EPS of $5.58 and record free cash flow of $3.1 billion.
Seagate Q1 FY2027 earnings show record EPS, margins, and cash flow, plus stronger guidance and higher buybacks.
Seagate Technology Holdings plc (NASDAQ: STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage ...
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