NASDAQ$STX
Seagate Technology PLC · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Seagate's Q4 2024 financial performance showcased revenue growth and strong profitability.
Seagate reported a strong Q4 2024 with revenue of $1.89 billion, an 18% increase year-over-year, and GAAP EPS of $2.39 and non-GAAP EPS of $1.05. The company generated $434 million in cash flow from operations and $380 million in free cash flow. Seagate is focused on driving profitability and executing its mass capacity product roadmap in fiscal year 2025.
- Revenue reached $1.89 billion, reflecting an 18% year-over-year increase.
- GAAP diluted EPS was reported at $2.39, while non-GAAP diluted EPS stood at $1.05.
- The company generated $434 million in cash flow from operations and $380 million in free cash flow.
- Seagate returned $147 million to shareholders through dividends.
Headline financials
Revenue & EPS history
Seagate · Revenue · Quarterly
$1.89B
Forward guidance
For fiscal first quarter 2025, Seagate expects revenue of $2.10 billion, plus or minus $150 million, and non-GAAP diluted EPS of $1.40, plus or minus $0.20.
Tailwinds
- Revenue expected to be $2.10 billion, plus or minus $150 million.
- Non-GAAP diluted EPS projected at $1.40, plus or minus $0.20.
- Guidance excludes known pre-tax charges related to estimated share-based compensation expenses of $0.16 per share.
- Focus on profitability and maintaining supply discipline.
- Continued execution of mass capacity product roadmap anchored by HAMR technology.
Headwinds
- Actual results may differ materially due to various factors.
- Material items that may impact GAAP measures are out of the company's control and/or cannot be reasonably predicted.
- These unpredictable items include accelerated depreciation, impairment charges, and income tax adjustments.
- A reconciliation of non-GAAP diluted EPS guidance to corresponding GAAP measures is not available without unreasonable effort.
- Market conditions and other external factors could impact financial performance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
-0.1%
Avg return
Earnings day
+1.9%
Avg return
5 days after
+6.4%
Avg return
30 days after
52%
35 / 67 earnings
Positive
+22.0%
Q2 2026
Best reaction
-23.9%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -3.4% | +27.5% | +52.1% | |
| Q2 2026 | +22.0% | +16.5% | +9.7% | |
| Q1 2026 | +19.1% | +19.1% | +24.1% | |
| Q3 2025 | +11.6% | +14.7% | +44.5% | |
| Q2 2025 | +10.8% | +10.8% | +5.1% | |
| Q1 2025 | -7.9% | -8.4% | -11.1% | |
| Q4 2024 | +3.2% | -2.4% | -2.8% | |
| Q3 2024 | +2.3% | +1.0% | +9.7% | |
| Q2 2024 | +2.0% | -0.7% | -1.4% | |
| Q1 2024 | +1.6% | +1.7% | +13.4% | |
| Q4 2023 | +6.7% | +9.0% | +10.6% | |
| Q3 2023 | -10.2% | -10.8% | -1.0% | |
| Q2 2023 | +10.9% | +7.3% | +6.2% | |
| Q1 2023 | -10.4% | -14.4% | -5.7% | |
| Q4 2022 | -6.4% | -7.4% | -2.6% | |
| Q3 2022 | +3.7% | +4.1% | +11.3% | |
| Q2 2022 | +9.4% | +13.1% | +10.7% | |
| Q1 2022 | +8.4% | +7.0% | +22.5% | |
| Q4 2021 | -2.7% | +0.9% | +4.6% | |
| Q3 2021 | +6.3% | +12.3% | +12.0% | |
| Q2 2021 | -2.3% | +5.6% | +19.1% | |
| Q1 2021 | -1.8% | -6.1% | +7.6% | |
| Q4 2020 | -10.6% | -8.8% | -8.1% | |
| Q3 2020 | -3.7% | -1.4% | +2.5% | |
| Q2 2020 | -5.6% | -6.6% | -13.3% | |
| Q1 2020 | +0.1% | -0.3% | +2.8% | |
| Q4 2019 | -3.9% | -3.6% | +8.5% | |
| Q3 2019 | +7.5% | +10.4% | -2.3% | |
| Q2 2019 | -0.3% | -0.5% | +2.2% | |
| Q1 2019 | +4.6% | +6.6% | +0.3% | |
| Q4 2018 | -3.8% | -1.5% | +2.4% | |
| Q3 2018 | -5.5% | -3.8% | -2.7% | |
| Q2 2018 | +0.1% | -5.8% | -2.8% | |
| Q1 2018 | +11.2% | +5.6% | +15.4% | |
| Q4 2017 | -18.7% | -18.0% | -22.0% | |
| Q3 2017 | -16.3% | -16.5% | -15.8% | |
| Q2 2017 | +17.3% | +22.4% | +30.3% | |
| Q1 2017 | -1.0% | -2.3% | +11.2% | |
| Q4 2016 | -5.2% | -0.9% | +3.9% | |
| Q3 2016 | -23.9% | — | — | |
| Q2 2016 | +13.6% | — | — | |
| Q1 2016 | +2.2% | — | — | |
| Q4 2015 | +0.3% | — | — | |
| Q3 2015 | +5.7% | — | — | |
| Q2 2015 | -10.8% | — | — | |
| Q1 2015 | +1.9% | — | — | |
| Q4 2014 | -4.1% | — | — | |
| Q3 2014 | -0.0% | — | — | |
| Q2 2014 | -12.0% | — | — | |
| Q1 2014 | -3.1% | — | — | |
| Q4 2013 | -6.6% | — | — | |
| Q3 2013 | +8.0% | — | — | |
| Q2 2013 | -9.0% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | +0.0% | — | — | |
| Q3 2012 | +7.8% | — | — | |
| Q2 2012 | +21.8% | — | — | |
| Q1 2012 | -11.4% | — | — | |
| Q4 2009 | -12.9% | — | — | |
| Q4 2011 | -12.9% | — | — | |
| Q3 2011 | -1.3% | — | — | |
| Q3 2010 | -1.3% | — | — | |
| Q2 2011 | +0.5% | — | — | |
| Q2 2010 | +0.5% | — | — | |
| Q4 2010 | +0.9% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q1 2010 | +0.9% | — | — |
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