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)
Seagate was founded in 1979 and is headquartered in Cupertino, US
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Key People/Management at Seagate

Steve Luczo

Steve Luczo

Executive Chairman
Dave Mosley

Dave Mosley

CEO
James Murphy

James Murphy

Executive Vice President, Worldwide Sales & Marketing
Ravi Naik

Ravi Naik

Chief Information Officer
John Cleveland

John Cleveland

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

Mark Re

Senior Vice President and Chief Technology Officer
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Seagate Office Locations

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

Seagate Revenue

Seagate's revenue was reported to be $11.18 b in FY, 2018
USD

Revenue (FY, 2018)

11.2 b

Gross profit (FY, 2018)

3.4 b

Gross profit margin (FY, 2018), %

30.1%

Net income (FY, 2018)

1.2 b

EBIT (FY, 2018)

1.6 b

Market capitalization (16-Aug-2018)

15.2 b

Closing stock price (16-Aug-2018)

53.1

Cash (29-Jun-2018)

1.9 b

EV

13.9 b
Seagate's current market capitalization is $15.2 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

13.7 b13.7 b11.2 b10.8 b11.2 b

Revenue growth, %

0%(19%)(3%)

Cost of goods sold

9.9 b9.9 b8.5 b7.6 b7.8 b

Gross profit

3.8 b3.8 b2.6 b3.2 b3.4 b
Quarterly
USDQ1, 2014Q2, 2014Q1, 2014Q3, 2014Q2, 2015Q1, 2015Q3, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 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 b8.3 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 b5.9 b

Gross profit

1.1 b959 m1 b689 m955 m524 m801 m891 m816 m736 m1.6 b2.5 b

Gross profit Margin, %

28%28%28%24%29%20%29%31%31%28%29%29%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Cash

2.6 b2.5 b1.1 b1.9 b

Accounts Receivable

1.7 b1.7 b1.3 b1.2 b

Inventories

985 m993 m868 m1.1 b

Current Assets

5.8 b5.6 b3.5 b4.3 b
Quarterly
USDQ1, 2014Q2, 2014Q1, 2014Q3, 2014Q2, 2015Q1, 2015Q3, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 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 b2.9 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 b1.1 b

Inventories

871 m948 m1.1 b846 m1.1 b1.1 b1.1 b928 m914 m1 b1 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 b5.2 b
Annual
usdFY, 2014FY, 2015FY, 2016FY, 2018

Net Income

1.6 b1.7 b248 m1.2 b

Depreciation and Amortization

879 m841 m815 m598 m

Inventories

(20 m)29 m145 m(71 m)

Accounts Payable

(190 m)(58 m)(24 m)65 m
Quarterly
USDQ1, 2014Q3, 2014Q2, 2015Q1, 2015Q3, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Net Income

381 m395 m933 m291 m(21 m)167 m297 m194 m340 m721 m

Depreciation and Amortization

31 m32 m34 m33 m29 m28 m28 m28 m318 m461 m

Inventories

1.1 b1.1 b1.1 b1.1 b928 m914 m1 b1 b(32 m)(20 m)

Accounts Payable

1.7 b1.7 b1.9 b1.7 b1.5 b1.6 b1.6 b1.6 b59 m74 m
USDY, 2018

EV/EBIT

8.5 x

EV/CFO

6.6 x

Revenue/Employee

272.8 k

Financial Leverage

5.7 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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Seagate Online and Social Media Presence

Embed Graph
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Seagate News and Updates

Wireless Hard Drives Market to Witness Huge Growth by 2025: Key Players - Western Digital, Toshiba, SanDisk, Seagate, Apple, LaCie, Hana Wireless

HTF MI recently launched the Global Wireless Hard Drives study with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. Posted via Industry Today. Follow us on Twitter @IndustryToda…

Hard Disk Drive Market outstanding Growth by region and Application in future | Western Digital, Seagate, Toshiba

HTF MI recently launched the Global Hard Disk Drive study with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. Posted via Industry Today. Follow us on Twitter @IndustryToday

Seagate stock falls after Goldman downgrades to sell

Shares of Seagate Technology Inc. are down 4.2% in premarket trading Thursday after Goldman Sachs analyst Mark Delaney downgraded the stock to sell from neutral. He has a $44 price target on the stock. "We believe HDDs [hard disk drives] remain a cyclical industry, and one facing secular challenges…

Edge Computing and the Future of the Data Center

The rise of edge computing could see the advent of a rapidly growing array of smaller data centers built closer to population centers, says Seagate Technology's Raghavan Srinivasan The post Edge Computing and the Future of the Data Center   appeared first on Computer Business Review.

Desktop Hard Drive Market Trends & Forecast by 2022- Industry Analysis by Geographical Regions, Type and Application along with Top Key Players like Seagate, Freecom, Toshiba, Verbatim, Western Digital

A hard disk drive (HDD), hard disk, hard drive or fixed disk[b] is an electromechanical data storage device that uses magnetic storage to store and retrieve digital information using one or more rigid rapidly rotating disks (platters) coated with magnetic material. Posted via Industry Today. Follow …

Hikvision verkündet auf IFSEC 2018 massive Erweiterung seines Technology Partner-Programms

LONDON, 19. Juni 2018 /PRNewswire/ -- Nach der Vorstellung seines Technology Partner-Programms (TPP) auf der IFSEC 2017 gibt der führende Anbieter von Überwachungs- und Sicherheitslösungen Hikvision auf der diesjährigen Konferenz attraktive neue Leistungen für Partner bekannt....
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Seagate Company Life and Culture

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