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Seagate revenue up 48% amid outlook for sustained AI storage demand

The Motley Fool +1 ·

STX Seagate Technology Holdings Plc
$630.49 -1.81%
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  1. 1Seagate recorded $3.63 billion in revenue for the three months ended July 3, 2026.
  2. 2Seagate achieved a 48% increase in revenue compared to the same period last year.
  3. 3CEO Dave Mosley believes storage demand will continue throughout the investment cycle.

So what's the key point?

Seagate's revenue grew by 48% compared to last year. Demand for storage devices is expected to continue.

Source The Motley Fool +1 · View original ↗

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