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Here's What Key Metrics Tell Us About Seagate (STX) Q1 Earnings

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For the quarter ended September 2026, Seagate (STX - Free Report) reported revenue of $4.23 billion, up 61% over the same period last year. EPS came in at $7.68, compared to $2.61 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $4.11 billion, representing a surprise of +3%. The company delivered an EPS surprise of +3.23%, with the consensus EPS estimate being $7.44.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Seagate performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • HDD Exabytes Shipped by Market - Total: 220 versus 235 estimated by two analysts on average.
  • HDD Exabytes Shipped by Market - Non-nearline: 22 compared to the 22 average estimate based on two analysts.
  • HDD Exabytes Shipped by Market - Nearline: 198 versus 213 estimated by two analysts on average.

View all Key Company Metrics for Seagate here>>>

Shares of Seagate have returned -26.9% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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