Seagate Technology Holdings plc

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $11.2b $10.8b $11.2b $10.4b $10.5b $10.7b $11.7b $7.4b $6.6b $9.1b
Cost of Revenue $8.5b $7.6b $7.8b $7.5b $7.7b $7.8b $8.2b $6.0b $5.0b $5.9b
Gross Profit (Calculated) $2.6b $3.2b $3.4b $2.9b $2.8b $2.9b $3.5b $1.4b $1.5b $3.2b
Operating expenses:
Operating Income (Loss) $445.0m $1.1b $1.6b $1.5b $1.3b $1.5b $2.0b ($342.0m) $452.0m $1.9b
Additional Financial Items
Amortization of Intangible Assets $174.0m $168.0m $111.0m $77.0m $53.0m $29.0m $20.0m $9.0m $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $0 ($22.0m) ($29.0m) $275.0m $121.0m $191.0m $145.0m $300.0m $249.0m $233.0m
Income (Loss) from Equity Method Investments $48.0m $8.0m ($4.0m) ($29.0m)
Investment Income, Interest $3.0m $12.0m $38.0m $84.0m $20.0m $2.0m $2.0m $10.0m $15.0m $25.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $815.0m $1.4b $1.4b $1.0b $1.3b $1.7b ($496.0m) $445.0m $1.5b
Net Income (Loss) Attributable to Parent $248.0m $772.0m $1.2b $2.0b $1.0b $1.3b $1.6b ($529.0m) $335.0m $1.5b
Net Income (Loss) Attributable to Noncontrolling Interest $0
Earnings Per Share, Basic $0.83 $2.61 $4.10 $7.13 $3.83 $5.43 $7.50 ($2.56) $1.60 $6.93
Earnings Per Share, Diluted $0.82 $2.58 $4.05 $7.06 $3.79 $5.36 $7.36 ($2.56) $1.58 $6.77
Common Stock, Dividends, Per Share, Declared $2.43 $2.52 $2.52 $2.52 $2.58 $2.66 $2.77 $2.80 $2.80 $2.86
Weighted Average Number of Shares Outstanding, Basic 299.0m 296.0m 288.0m 282.0m 262.0m 242.0m 220.0m 207.0m 209.0m 212.0m
Weighted Average Number of Shares Outstanding, Diluted 302.0m 299.0m 292.0m 285.0m 265.0m 245.0m 224.0m 207.0m 212.0m 217.0m
Other income (expense):
Research and Development Expense $1.2b $1.2b $1.0b $991.0m $973.0m $903.0m $941.0m $797.0m $654.0m $724.0m
Selling, General and Administrative Expense $635.0m $606.0m $562.0m $453.0m $473.0m $502.0m $559.0m $491.0m $460.0m $561.0m
Other Nonoperating Income (Expense) $19.0m ($29.0m) ($18.0m) $25.0m ($87.0m) $74.0m ($29.0m) ($41.0m) ($78.0m) ($82.0m)
Costs and Expenses $10.7b $9.7b $9.6b $8.9b $9.2b $9.2b $9.7b $7.7b $6.1b $7.2b
Restructuring and Related Cost, Incurred Cost $407.0m $522.0m $575.0m $406.0m $300.0m $274.0m $356.0m $336.0m $105.0m
Interest Expense $193.0m $222.0m $236.0m $224.0m $201.0m $220.0m $249.0m $313.0m $332.0m
Current Income Tax Expense (Benefit) $28.0m $40.0m $43.0m $45.0m $36.0m $38.0m $39.0m $23.0m $32.0m $48.0m
Nonoperating Income (Expense) ($171.0m) ($239.0m) ($216.0m) ($115.0m) ($268.0m) ($144.0m) ($276.0m) ($154.0m) ($7.0m) ($377.0m)
Income Tax Expense (Benefit) $26.0m $43.0m $236.0m ($640.0m) $28.0m $34.0m $30.0m $33.0m $110.0m $44.0m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.