Seagate Technology PLCSeagate reported record free cash flow, strong revenue growth, and raised guidance for fiscal Q1 2027.

Seagate Technology reported fiscal fourth quarter and full-year 2026 results, with annual revenue rising 34% to $12.2 billion and record free cash flow of $3.1 billion. For the fourth quarter, revenue reached $3.6 billion, GAAP diluted earnings per share were $5.58, and non-GAAP diluted earnings per share were $5.71. The company retired $1.4 billion in debt during the fiscal year and returned $810 million to shareholders through dividends and share repurchases. Seagate also provided guidance for the fiscal first quarter of 2027, forecasting revenue of $4.1 billion plus or minus $100 million and non-GAAP diluted earnings per share of $7.30 plus or minus $0.20.
Seagate Technology PLCSeagate reported record free cash flow, strong revenue growth, and raised guidance for fiscal Q1 2027.