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.

Seagate employs more than 50,000 people around the world.

Company Growth (employees)
Cupertino, US
Size (employees)
45,500 (est)
Seagate was founded in 1979 and is headquartered in Cupertino, US

Key People at Seagate

Steve Luczo

Steve Luczo

Chairman & CEO
Patrick O’Malley

Patrick O’Malley

Phil Brace

Phil Brace

President, Cloud Systems and Electronics Solutions
B. S. Teh

B. S. Teh

SVP of Global Sales and Sales Operations
Dave Mosley

Dave Mosley

President, Operations and Technology
Albert “Rocky” Pimentel

Albert “Rocky” Pimentel

President, Global Markets and Customers
Ken Massaroni

Ken Massaroni

EVP, General Counsel and Chief Administrative Officer
Mark Re

Mark Re

Joy Nyberg

Joy Nyberg

SVP, HR, Internal Communications and Community Engagement
Kurt Richarz

Kurt Richarz

EVP, Global Sales and Sales Operations

Seagate Office Locations

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

Seagate Metrics

Seagate Financial Metrics

Revenue (2016)

$11.2 b

Revenue growth (2015-16), %


Gross profit

$2.6 b

Gross profit margin (2016), %


Net income (2016)

$248 m

Market capitalization (21-Mar-2017)

$13.3 b

Closing share price (21-Mar-2017)


Cash (01-Jul-2016)

$1.1 b
Seagate's current market capitalization is $13.3 b.
Seagate's revenue was reported to be $11.2 b in FY, 2016 which is a 18.8% decrease from the previous period.
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


$13.7 b$13.7 b$11.2 b

Revenue growth, %


Cost of goods sold

$9.9 b$9.9 b$8.5 b

Gross profit

$3.8 b$3.8 b$2.6 b

Gross profit Margin, %


R&D expense

$1.2 b$1.4 b$1.2 b

Operating expense total

$11.9 b$11.7 b$10.7 b


$1.8 b$2.1 b$445 m

EBIT margin, %


Interest expense

$214 m$241 m$214 m($195 m)($207 m)($193 m)

Interest income

$8 m$6 m$3 m

Pre tax profit

$1.6 b$2 b$274 m

Income tax expense

$68 m$20 m($7 m)($14 m)$228 m$26 m

Net Income

$1.6 b$1.7 b$248 m
FY, 2014FY, 2015FY, 2016


$2.6 b$2.5 b$1.1 b

Accounts Receivable

$21.1 m$15.1 m


$39.7 m$10.3 m

Current Assets

$5.8 b$5.6 b$3.5 b


$537 m$874 m$1.2 b

Total Assets

$9.5 b$9.8 b$8.3 b

Accounts Payable

$18.4 m$11.1 m

Current Liabilities

$2.4 b$2.3 b$2.2 b

Additional Paid-in Capital

$5.5 b$5.7 b$5.9 b

Retained Earnings

($2.7 b)($2.7 b)($4.3 b)

Total Equity

$2.8 b$3 b$1.6 b

Financial Leverage

3.4 x3.3 x5.2 x
FY, 2014FY, 2015FY, 2016

Net Income

$1.6 b$1.7 b$248 m

Depreciation and Amortization

$879 m$841 m$815 m


($1.8 m)($561 k)

Accounts Payable

$10.9 m($1.9 m)

Cash From Operating Activities

$926 m($155 m)($1.4 b)

Cash From Investing Activities

($322 m)($1.3 b)($1.2 b)

Long-term Borrowings

($725 m)

Cash From Financing Activities

($1.3 b)($1.5 b)($1.8 b)

Interest Paid

$198 m$216 m$200 m

Income Taxes Paid

$50 m$285 m$40 m

Seagate Market Value History

Seagate Online Presence

Seagate News

Seagate Company Life

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