OverviewSuggest Edit

Seagate is a company that develops, manufactures and sells data storage solutions for consumers, small businesses, and OEMs and integrators worldwide. The Company offers desktop storage products, mac storage products, software, and mobile apps, laptop and portable storage products, home storage products, gaming drives, data recovery services, network-attached storage products, high-performance computing products, data protection appliances, internal hard drives, backup and recovery services, one-to-one cloud-syncing portable, etc. 
HQCupertino, US
Employee Ratings3.2
Culture scoreD

Latest Updates

Employees (est.) (Jun 2019)40,500(-5%)
Job Openings248
Revenue (FY, 2019)$10.4 B(-7%)
Share Price (May 2020)$51

Key People/Management at Seagate

Gianluca Romano

Gianluca Romano

Executive Vice President and Chief Financial Officer
Dave Mosley

Dave Mosley

CEO, Director
Jeffrey D Nygaard

Jeffrey D Nygaard

Executive Vice President and Head of Operations, Products and Technology
Patricia Frost

Patricia Frost

Senior Vice President of Human Resources, Internal Communications and Community Engagement
James Murphy

James Murphy

Executive Vice President, Worldwide Sales & Marketing
John Cleveland

John Cleveland

Senior Vice President, CHRO, Human Resources, Internal Communications and Community Engagement
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Seagate Office Locations

Seagate has an office in Cupertino
Cupertino, US (HQ)
10200 S De Anza Blvd
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Seagate Financials and Metrics

Seagate Revenue

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Seagate's revenue was reported to be $10.39 b in FY, 2019 which is a 7.1% decrease from the previous period.

Revenue (Q3, 2020)


Gross profit (Q3, 2020)


Gross profit margin (Q3, 2020), %


Net income (Q3, 2020)


EBIT (Q3, 2020)


Market capitalization (22-May-2020)


Closing stock price (22-May-2020)


Cash (3-Apr-2020)



Seagate's current market capitalization is $13.1 b.
USDFY, 2017FY, 2018FY, 2019



Revenue growth, %


Cost of goods sold


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USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020



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USDFY, 2017FY, 2018FY, 2019



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USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020



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USDFY, 2017FY, 2018FY, 2019

Net Income


Depreciation and Amortization




Accounts Payable

USDY, 2020


41.4 x


11.7 x

Financial Leverage

4.9 x
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Seagate Operating Metrics

FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020

Exabytes Shipped

202 228 56 61 56 233 67 68 65 263 70 88 87 338 99 87 77 347 98

Patents (Foreign)

1.20 k1.21 k1.30 k1.30 k1.40 k1.30 k

Patents (US)

4.96 k5.19 k5 k5.60 k6 k6 k

Patents Pending

2.35 k2.65 k2.70 k2 k1.60 k1.40 k
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Seagate Acquisitions / Subsidiaries

Company NameDateDeal Size
Lyve Minds IncOctober 20, 2015
Dot Hill SystemsAugust 18, 2015$694 m
EVault IncJuly 16, 2014$185 m
SandForceMay 29, 2014$450 m
Xyratex LtdDecember 23, 2013
LaCieMay 23, 2012
Samsung - Hard Disk Drive BusinessDecember 19, 2011$1.40 b
MetaLINCSDecember 06, 2007
MaxtorMay 24, 2006
Cloverleaf Communications
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Seagate Revenue Breakdown

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Seagate revenue breakdown by geographic segment: 31.9% from United States, 48.9% from Singapore, 15.7% from The Netherlands and 3.5% from Other

Seagate Online and Social Media Presence

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Seagate Company Culture

  • Overall Culture



  • CEO Rating



  • Compensation



  • Diversity



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Seagate News and Updates

Seagate Stock Up 1.5x, But Revenue Down 7%- What’s Happening?!

Seagate stock gained a large 84% in 3 years, with the stock price rising from $32 at the end of 2016 to about $59 at the end of 2019. Despite dropping to $49 so far in 2020 due to the COVID-19 pandemic, the stock has still registered a cumulative return of 53% between 2016 and May 2020...

Down 25% In A Month, Is Seagate Likely To Outperform After The Coronavirus Threat Passes?

On Monday, March 16, the stock markets fell 12%, the biggest sell-off since 1987, and one of the biggest drops of all time. Although markets recovered around 6% on Tuesday, March 17, on expectations for massive federal stimulus to address the ongoing economic crisis, it again fell 5% on March 18th..

Micron, Western Digital, Seagate get upgrades at Baird

Baird analyst Tristan Gerra ended his bearish call on Micron Technology Inc. shares while turning bullish on Western Digital Corp. and Seagate Technology PLC in a series of upgrades Monday. "DRAM/NAND flash pricing positive outlooks remain unchanged despite current demand weakness in China, as su…

Seagate opens innovation lab in Israel

Data storage firm Seagate Technology PLC opened an innovation lab in Israel on Thursday with an aim of forming partnerships with businesses.

Seagate To Bring Together San Francisco Bay Area Workforce In Its Fremont Facility

FREMONT, Calif. – February 4, 2020 – Seagate Technology plc (NASDAQ: STX), a world leader in data storage and management solutions, today announced that the company is unifying its Bay Area workforce by combining its Cupertino site with its existing Fremont facility. The move to Fremont, which will …

Thinking about buying stock in Delta Air Lines, D. R. Horton, GrubHub, Pfizer, or Seagate Technology?

NEW YORK, Jan. 24, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DAL, DHI, GRUB, PFE, and STX. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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Seagate Blogs

Microsoft Nearly Doubles IOPS using Seagate Exos with MACH.2 Dual-Actuator Technology

Seagate Exos 2X14 enterprise hard drive features groundbreaking MACH.2 dual-actuator technology Seagate’s new Exos 2X14 enterprise hard drive is the first to integrate Seagate’s groundbreaking MACH.2™ multi-actuator technology, and is being tested by customers now for data center deployments. MACH.2…

5 Ways Marketers Can Use Smart Data

What is smart data? Dataversity describes smart data as big data which “has been processed and is waiting to be turned into actionable information.” And actionable information is crucial for an ongoing process of learning, refinement and improvement as a marketer. But while more than 97 percent of o…

Torch The Competition With New FireCuda 520 SSD and FireCuda Gaming Dock

Our newest, fastest gaming SSD — and the world's first gaming dock Seagate today added two new high-performance solutions to its industry-leading line of storage for gamers. The Seagate FireCuda 520 PCIe Gen4 x4 SSD and the FireCuda Gaming Dock featuring 4TB of HDD storage capacity and an NVMe M.2 e…

Brains and Brawn: Autonomous Vehicles Need Soft and Hard Skills to Solve Our Transportation Woes

Everyone knows the future of self-driving cars is both dependent upon, and helping to propel, rapid advances in artificial intelligence (AI). But autonomous vehicles need a lot more than just AI. Autonomous vehicles employ sonar, radar, LIDAR, and GPS to sense and navigate through the environment. I…

Archiving Our Built Landscape – One Byte At A Time

Queenstown Cinema, Singapore, demolished 2013 © Darren Soh Guest blog by Darren Soh, Architectural Photographer All images are © Darren Soh My name is Darren Soh and I am an architectural photographer. I have been systematically photographing the built landscape of Singapore for the last 12 years –…

Sage2 Project Addresses I/O and Storage Needs of AI and Deep Learning

The Sage2 Project has launched. Sage2 is the new follow-on project to the three-year SAGE project, which was funded by the European Commission and coordinated by Seagate and ended very successfully in 2018. Ten partners across Europe came together to build a novel storage platform that could deal ve…
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Seagate Frequently Asked Questions

  • When was Seagate founded?

    Seagate was founded in 1979.

  • Who are Seagate key executives?

    Seagate's key executives are Gianluca Romano, Dave Mosley and Jeffrey D Nygaard.

  • How many employees does Seagate have?

    Seagate has 40,500 employees.

  • What is Seagate revenue?

    Latest Seagate annual revenue is $10.4 b.

  • What is Seagate revenue per employee?

    Latest Seagate revenue per employee is $256.5 k.

  • Who are Seagate competitors?

    Competitors of Seagate include Western Digital, SanDisk and HGST.

  • Where is Seagate headquarters?

    Seagate headquarters is located at 10200 S De Anza Blvd, Cupertino.

  • Where are Seagate offices?

    Seagate has an office in Cupertino.

  • How many offices does Seagate have?

    Seagate has 1 office.