Education
About Us
Working with TipRanks
Follow Us
Seagate Technology (CH:STX)
:STX
Earnings Data
Report Date
Jul 17, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
2.02Last Year’s EPS
0.88Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: ―
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook for Seagate, with strong year-on-year growth in revenue and gross profit, expansion in gross margin, and successful ramp-up of new technology. Despite sequential revenue decline due to supply constraints and potential impacts from tariffs, the company's strategic initiatives and strong financial performance indicate a positive sentiment.Company Guidance
During the Seagate Technology Fiscal Third Quarter 2025 Conference Call, the company reported a notable 31% year-on-year increase in revenue and an 81% growth in non-GAAP gross profit dollars. This strong performance was highlighted by the expansion of the gross margin for the eighth consecutive quarter and the achievement of the third highest operating margin in the company's history. The non-GAAP EPS performance was at the top of the guidance range, with increased free cash flow generation. For the March quarter, Seagate's revenue was $2.16 billion, slightly down 7% sequentially due to temporary supply constraints, yet highlighting a 48% increase in mass capacity revenue year-on-year. Non-GAAP gross margin expanded by 70 basis points sequentially to 36.2%. The company anticipates revenue of $2.4 billion, plus or minus $150 million, for the June quarter, reflecting an 11% improvement sequentially and a 27% improvement year-over-year. Non-GAAP EPS for the June quarter is expected to be $2.40, plus or minus $0.20.Strong Year-on-Year Revenue and Gross Profit Growth
Seagate delivered a 31% year-on-year increase in revenue and 81% growth in non-GAAP gross profit dollars, reflecting strong financial leverage and execution.
Expansion of Gross Margin
Seagate expanded its non-GAAP gross margin for the eighth straight quarter, achieving 36.2%, a sequential increase of 70 basis points and over 1,000 basis points year-over-year.
Continued Growth in Mass Capacity Storage
Mass capacity revenue increased by 48% year-on-year, with mass capacity shipments up 50% year-on-year, driven by strong demand from cloud customers.
Successful Ramp of HAMR Technology
Seagate is ramping HAMR-based products with positive feedback from cloud customers, expecting a significant increase in HAMR product shipments over the coming quarters.
Improved Free Cash Flow Generation
Free cash flow generation increased to $216 million in the March quarter, with expectations of sequential improvement for the rest of the calendar year.
Debt Reduction Efforts
Seagate retired approximately $536 million of debt during the March quarter, reducing the debt balance to $5.1 billion.
---
CH:STX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CH:STX Earnings-Related Price Changes
No data currently available
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Seagate Technology (CH:STX) report earnings?
Seagate Technology (CH:STX) is schdueled to report earning on Jul 17, 2025, TBA Not Confirmed.
What is Seagate Technology (CH:STX) earnings time?
Seagate Technology (CH:STX) earnings time is at Jul 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Seagate Technology stock?
The P/E ratio of Seagate Tech is N/A.
What is CH:STX EPS forecast?
CH:STX EPS forecast for the fiscal quarter 2025 (Q4) is 2.02.
---
