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Seagate Technology Holdings plc FY 2025 10-K, explained in plain English

STX ยท 10-K for the period ending June 27, 2025, filed August 1, 2025 ยท Read the original on SEC.gov โ†’

Key financials โ€” as reported

Total revenue$9.1B
Gross margin35.2%
Operating income$1.9B
Net income$1.5B
Diluted EPS$6.77
Cash & equivalents$891.0M
Total assets$8.0B
Long-term debt$5.0B

Key takeaway

Fiscal 2025 revenue grew 39% to $9.1 billion on surging cloud demand for high-capacity nearline HDDs, with 595 exabytes shipped versus 398 the prior year.

๐Ÿ”’ 4 more takeaways in the full analysis

Beneath the surface

Despite a $5.0 billion headline long-term debt figure, total debt including current portion is $5.05 billion against just $891 million cash, leaving a net debt position of roughly $4.15 billion, larger than the balance sheet's $8.02 billion total assets might suggest is manageable.

๐Ÿ”’ 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings โ€” plus insider trades, activist stakes, and 8-K events for STX.

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