Founded in 1979, Seagate is a world leader in hard disk drives and storage solutions.

From the videos, music and documents we share with friends and family on social networks, to servers that form the backbone of enterprise data centers and cloud-based computing, to desktop and notebook computers that fuel our personal productivity, Seagate products help more people store, share and protect their valuable digital content.

Seagate offers the industry’s broadest portfolio of hard disk drives, solid-state drives and solid-state hybrid drives. In addition, the company offers an extensive line of retail storage products for consumers and small businesses, along with data-recovery services for any brand of hard drive and digital media type.


Type
Public
HQ
Cupertino, US
Founded
1979
Size (employees)
41,000 (est)-9%
Seagate was founded in 1979 and is headquartered in Cupertino, US
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Key People/Management at Seagate

Dave Mosley

Dave Mosley

CEO
Steve Luczo

Steve Luczo

Executive Chairman
David Morton

David Morton

​​Executive Vice President and Chief Financial Officer
James Murphy

James Murphy

Executive Vice President, Worldwide Sales & Marketing
Ravi Naik

Ravi Naik

Chief Information Officer
Kate Schuelke

Kate Schuelke

Senior Vice President, Chief Legal Officer, and Corporate Secretary
Kate Scolnick

Kate Scolnick

Senior Vice President of Finance, Corporate Communications and Treasury
Mark Re

Mark Re

Senior Vice President and Chief Technology Officer
B. Teh

B. Teh

Senior Vice President of Global Sales and Sales Operations
Joy Nyberg

Joy Nyberg

Senior Vice President, Human Resources, Internal Communications and Community Engagement

Seagate Office Locations

Seagate has an office in Cupertino and Shakopee
Cupertino, US (HQ)
10200 S. De Anza Blvd
Shakopee, US
1200 Disc Drive
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Seagate Financials and Metrics

Seagate Financials

Seagate's revenue was reported to be $11.16 b in FY, 2016 which is a 18.8% decrease from the previous period.
USD

Revenue (Q2, 2018)

5.5 b

Gross profit (Q2, 2018)

1.6 b

Gross profit margin (Q2, 2018), %

29.1%

Net income (Q2, 2018)

340 m

EBIT (Q2, 2018)

688 m

Market capitalization (5-Feb-2018)

15 b

Cash (3-Feb-2018)

2.6 b

EV

17.3 b
Seagate's current market capitalization is $15 b.
Annual
usdFY, 2014FY, 2015FY, 2016

Revenue

13.7 b13.7 b11.2 b

Revenue growth, %

0%(19%)

Cost of goods sold

9.9 b9.9 b8.5 b

Gross profit

3.8 b3.8 b2.6 b
Quarterly
USDQ1, 2014Q2, 2014Q1, 2014Q3, 2014Q2, 2015Q1, 2015Q3, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

3.5 b3.5 b3.8 b3.4 b3.7 b2.9 b3.3 b2.6 b2.8 b2.9 b2.7 b2.6 b5.5 b

Cost of goods sold

2.7 b2.4 b2.7 b2.2 b2.4 b2.1 b2 b2 b1.9 b1.9 b3.9 b

Gross profit

1.1 b959 m1 b689 m955 m524 m801 m891 m816 m736 m1.6 b

Gross profit Margin, %

28%28%28%24%29%20%29%31%31%28%29%
Annual
USDFY, 2014FY, 2015FY, 2016

Cash

2.6 b2.5 b1.1 b

Accounts Receivable

1.7 b1.7 b1.3 b

Inventories

985 m993 m868 m

Current Assets

5.8 b5.6 b3.5 b
Quarterly
USDQ1, 2014Q2, 2014Q1, 2014Q3, 2014Q2, 2015Q1, 2015Q3, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

1.9 b2.3 b2.2 b2.3 b3.3 b1.9 b2.6 b1.2 b1.5 b1.7 b3 b2.3 b2.6 b

Accounts Receivable

1.6 b1.6 b1.9 b1.6 b1.8 b1.5 b1.8 b1.3 b1.3 b1.2 b1.2 b1.2 b1.1 b

Inventories

871 m948 m1.1 b846 m1.1 b1.1 b1.1 b928 m914 m1 b1 b1 b1 b

Current Assets

5.6 b5.3 b5.6 b5.2 b6.6 b4.9 b5.8 b3.6 b3.9 b4.1 b5.5 b4.8 b4.9 b
Annual
usdFY, 2014FY, 2015FY, 2016

Net Income

1.6 b1.7 b248 m

Depreciation and Amortization

879 m841 m815 m

Inventories

(20 m)29 m145 m

Accounts Payable

(190 m)(58 m)(24 m)
Quarterly
USDQ1, 2014Q3, 2014Q2, 2015Q1, 2015Q3, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018

Net Income

381 m395 m933 m291 m(21 m)167 m297 m194 m340 m

Depreciation and Amortization

31 m32 m34 m33 m29 m28 m28 m28 m318 m

Inventories

1.1 b1.1 b1.1 b1.1 b928 m914 m1 b1 b(32 m)

Accounts Payable

1.7 b1.7 b1.9 b1.7 b1.5 b1.6 b1.6 b1.6 b59 m
USDY, 2017

EV/EBIT

25.1 x

EV/CFO

15.9 x

Financial Leverage

8.2 x
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Seagate Operating Metrics

FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018

Exabytes Shipped

202 228 56 61 56 233 67 68 65 263 70 88

Patents (US)

4.96 k5.19 k5 k5.60 k

Patents (foreign)

1.20 k1.21 k1.30 k1.30 k

Patents Pending

2.35 k2.65 k2.70 k2 k
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