Seagate Technology Holdings plc reported its financial results for the fiscal year ending June 27, 2025. The company generated revenue of approximately $9.1 billion, marking an increase from the $6.551 billion reported in the previous fiscal year. The gross profit also rose significantly to $3.2 billion from the prior year's $1.536 billion. The net income for the fiscal year 2025 was $1.5 billion, a substantial improvement from the previous year's figures. The company achieved a gross margin of 35% compared to 23% in fiscal year 2024. Operating cash flow was reported at $1.1 billion, and the company paid $600 million in dividends. Seagate's operating margin increased to 21% from 6% the previous year. The company also issued $400 million in principal amount of debt. The fiscal year 2025 saw the shipment of 595 exabytes of HDD storage capacity. Seagate anticipates benefiting from future growth in data demand and data value over the long term, including from the adoption of Generative AI applications.
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