Seagate Technology ( (STX) ) has released its Q3 earnings. Here is a breakdown of the information Seagate Technology presented to its investors.
Seagate Technology is a prominent player in the data storage industry, known for its innovative mass-capacity storage solutions, catering to a diverse range of storage needs from edge to cloud. With over 45 years of experience, the company has shipped more than four billion terabytes of data capacity worldwide.
In its fiscal third quarter of 2025, Seagate Technology reported robust financial results, showcasing significant year-on-year growth. The company achieved a revenue of $2.16 billion and a non-GAAP diluted earnings per share of $1.90, reflecting its strong market position and effective business strategies.
Key financial metrics highlighted in the report include a gross margin of 36.2% and an operating margin of 23.5%, both showing substantial improvement from the previous year. The company generated $259 million in cash flow from operations and declared a quarterly cash dividend of $0.72 per share. Additionally, Seagate reduced its outstanding debt by $536 million, demonstrating a commitment to strengthening its financial position.
Looking ahead, Seagate remains optimistic about its growth prospects, driven by its technology leadership and resilient financial model. The company anticipates continued demand for its HAMR products and expects to maintain profitable growth through 2025 and beyond, despite the dynamic macroeconomic environment.