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.

Company Growth (employees)
Cupertino, US
Size (employees)
41,000 (est)-9%
Seagate was founded in 1979 and is headquartered in Cupertino, US

Key People/Management 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 and Shakopee
Cupertino, US (HQ)
10200 S. De Anza Blvd
Shakopee, US
1200 Disc Drive

Seagate Financials and Metrics

Seagate Financials

Seagate's revenue was reported to be $11.2 b in FY, 2016

Revenue (Q1, 2018)

2.6 b

Gross profit (Q1, 2018)

736 m

Gross profit margin (Q1, 2018), %


Net income (Q1, 2018)

181 m

EBIT (Q1, 2018)

255 m

Market capitalization (11-Dec-2017)

11.8 b

Cash (29-Sep-2017)

2.3 b


14.5 b
Seagate's current market capitalization is $11.8 b.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


13.7 b13.7 b11.2 b

Revenue growth, %


Cost of goods sold

9.9 b9.9 b8.5 b

Gross profit

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


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

Cost of goods sold

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

Gross profit

1.1 b959 m1 b689 m955 m524 m801 m891 m816 m736 m

Gross profit Margin, %

USDFY, 2014FY, 2015FY, 2016


2.6 b2.5 b1.1 b

Accounts Receivable

1.7 b1.7 b1.3 b


985 m993 m868 m

Current Assets

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


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


871 m948 m1.1 b846 m1.1 b1.1 b1.1 b928 m914 m1 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 b
USDFY, 2014FY, 2015FY, 2016

Net Income

1.6 b1.7 b248 m

Depreciation and Amortization

879 m841 m815 m

Accounts Receivable

4 m(2 m)464 m


(20 m)29 m145 m
USDQ1, 2014Q3, 2014Q2, 2015Q1, 2015Q3, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

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

Depreciation and Amortization

31 m32 m34 m33 m29 m28 m28 m28 m

Accounts Receivable

1.9 b1.8 b1.5 b1.8 b1.3 b1.3 b1.2 b1.2 b


1.1 b1.1 b1.1 b1.1 b928 m914 m1 b1 b
USDY, 2017


57 x


64.2 k

Financial Leverage

7.2 x
Show all financial metrics

Seagate Operating Metrics

FY, 2014FY, 2015FY, 2016

Patents (US)

4.96 k5.19 k5 k

Patents (foreign)

1.2 k1.21 k1.3 k

Patents Pending

2.35 k2.65 k2.7 k
Show all operating metrics

Seagate Market Value History

Seagate's Web-traffic and Trends

Seagate Online and Social Media Presence

Seagate News and Updates

Seagate pledges not to buy stake in Toshiba chip unit for 10 years: Reuters

Seagate Technology PLC (STX.O), a member of the group taking over Toshiba Corp’s (6502.T) chip unit, pledged not to buy any stake in the unit for 10 years as part of the $18 billion deal, showed a document from group leader Bain Capital LP reviewed by Reuters.

Seagate launches 4TB hard drive for the PlayStation 4

Seagate has doubled the capacity of its latest hard drive and is announcing a 4 terabyte drive for the Sony PlayStation 4. The Seagate Game Drive can store more than 100 games. Available today, it sells at retail for $130. The external storage device has about eight times the 500GB drive that comes …

Seagate Game Drive Hub for Xbox One stores eight terabytes of games for $200

Now that’s a lot of storage. Seagate is announcing today that the Seagate Game Drive Hub for Xbox has eight terabytes of storage for your games on the Xbox One game console. The $200 hub has eight terabytes as well as a multi-purpose USB hub for players who have massive game libraries. The periphera…

Bearish Breakdown Alert On Shares Of $STX

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Seagate Company Life and Culture

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