1、 Investor Relations Contact:Shanye Hudson,(510)661-1600 Media Contact:Karin Taylor,(408)772-8279 SEAGATE TECHNOLOGY REPORTS FISCAL SECOND QUARTER 2026 FINANCIAL RESULTS Fiscal Q2 2026 Highlights Revenue of$2.83 billion GAAP gross margin of 41.6%;non-GAAP gross margin of 42.2%GAAP diluted earnings pe
2、r share(EPS)of$2.60;non-GAAP diluted EPS of$3.11 Cash flow from operations of$723 million and free cash flow of$607 million Declared cash dividend of$0.74 per share Singapore January 28,2026-Seagate Technology Holdings plc(NASDAQ:STX)(the“Company”or“Seagate”),a leading innovator of mass-capacity dat
3、a storage,today reported financial results for its fiscal second quarter ended January 2,2026.Seagates December quarter results exceeded our expectations on both the top and bottom line,setting new records for gross margin,operating margin,and non-GAAP EPS.This performance highlights our teams stron
4、g operational execution,the durability of data center demand,and the ongoing ramp of our HAMR-based Mozaic products,”said Dave Mosley,Seagates chair and chief executive officer.As AI applications amplify the creation and economic value of data,modern data centers increasingly need storage solutions
5、that combine performance and cost-efficiency at exabyte-scale.Our areal-density-driven product roadmap positions us to meet the evolving storage requirements and exabyte demand growth,while creating significant value for our customers and shareholders for years to come,”Mosley concluded.Quarterly Fi
6、nancial Results GAAP Non-GAAP FQ2 2026 FQ2 2025 FQ2 2026 FQ2 2025 Revenue($M)$2,825$2,325$2,825$2,325 Gross Margin 41.6%34.9%42.2%35.5%Operating Margin 29.8%21.0%31.9%23.1%Net Income($M)$593$336$702$433 Diluted Earnings Per Share$2.60$1.55$3.11$2.03 For definitions and a detailed reconciliation of G