Seagate Technology Holdings Profit Margin 2010-2024 | STX
Current and historical gross margin, operating margin and net profit margin for Seagate Technology Holdings (STX) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Seagate Technology Holdings net profit margin as of September 30, 2024 is 11.34%.
| Seagate Technology Holdings Annual Profit Margins |
| Seagate Technology Holdings Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Computers - Integrated Systems |
$20.688B |
$6.551B |
|
Seagate is the second-largest manufacturer of hard disk drives (HDDs) in the U.S. HDDs are used as the primary medium for storing electronic information in systems ranging from desktop computers and consumer electronics to data centers delivering information over corporate networks and the Internet. Seagate also develops other electronic data storage products such as SSD (solid state drive) and solid state hybrid drives (SSHD). The company has an industry-leading vertically-integrated operation with internal control over the majority of its key component suppliers. The company's HDD products are designed for mission critical and nearline applications in enterprise servers and storage systems; edge compute/clientcompute applications. SSD products mainly comprise serial attached SCSI ('SAS') and Non-Volatile Memory Express ('NVMe') SSDs. Cloud systems and solutions portfolio incorporates modular original equipment manufacturer ('OEM') storage systems and scale-out storage servers.
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