Seagate Technology Holdings Plc's Corporate Customers have recorded an increase in their cost of revenue by 10.03 % in the 4 quarter 2026 year on year, sequentially costs of revenue were trimmed by -3.93 %. During the corresponding time, Seagate Technology Holdings Plc recorded a revenue increase by 48.49 % year on year, sequentially revenue grew by 16.61 %. While revenue at the Seagate Technology Holdings Plc's corporate clients recorded rose by 19.49 % year on year, sequentially revenue grew by 2.47 %.
Seagate Technology Holdings Plc's Customers have recorded an increase in their cost of revenue by 10.03 % in the 4 quarter 2026 year on year, sequentially costs of revenue were trimmed by -3.93 %, for the same period Seagate Technology Holdings Plc recorded revenue increase by 48.49 % year on year, sequentially revenue grew by 16.61 %.
Seagate Technology Holdings Plc's Comment on Sales, Marketing and Customers
The company designs and manufactures hard disk drives (HDDs), storage systems, and related solutions for two primary markets: Data Center and Edge/Internet of Things (Edge IoT). The Data Center market encompasses cloud and enterprise environments that require scalable, high-capacity storage infrastructure for AI-enabled computing, business-critical applications, and data-intensive workloads. The Edge IoT market serves industrial and consumer settings where data is processed and stored near its source. Customers include hyperscale cloud service providers (CSPs), original equipment manufacturers (OEMs), distributors, and enterprise organizations. These customers deploy the company's products across cloud and enterprise environments, private data centers, and other business-critical applications. Major customers, such as OEMs and hyperscale cloud operators, typically purchase under master purchase agreements with scheduled deliveries based on purchase orders and demand forecasts.
News about Seagate Technology Holdings Plc Contracts
Seagate and eBay Join Forces to Expand Hard Drive Circularity Program: A Step Towards Sustainable Data StorageIn a bid to enhance the adoption of sustainable practices in the digital storage industry, Seagate Technology Holdings plc, a leading innovator of mass-capacity data storage, has forged a partnership with global e-commerce giant, eBay. This collaboration aims to amplify the reach of Seagate s Circularity Program, which promotes the reuse and recycling of hard drives.As part of the agreement, Seagate has established an official storefront on eBay, providing a convenient and direct channel for consumers to access factory-recertified hard drives. This move not only strengthens Seagate s commitment to su...
Seagate Drives Progress Towards Sustainability and Circularity GoalsSeagate Technology Holdings plc, the leading innovator of mass-capacity data storage, has recently released its annual environment, social, and governance (ESG) report, showcasing its commitment to creating a sustainable, inclusive, and ethical datasphere. The report,...
Seagate Launches New E-commerce Website in the United States, Sees Decline in RevenueSeagate Technology plc, the leading innovator of mass-capacity storage solutions, has announced the launch of its new e-commerce website in the United States. Customers can now purchase Seagate s industry-leading storage products directly from their website, along with exclusive promotions, support, live chat customer assistance, and the assurance of genuine Seagate products. The launch of the e-commerce website comes at a time when Seagate s corporate clients are experiencing a reduction in their costs of revenue. In Q4, the costs of revenue for Seagate s corporate clients decreased by 3.71% compared to the previous year. H...
Seagate Technology Holdings plc, a renowned provider of sustainable mass-data storage solutions, has recently achieved a significant milestone in the storage industry. With the launch of the Mozaic 3+ hard drive platform, Seagate incorporates its groundbreaking Heat-Assisted Magnetic Recording (HAMR) technology, enabling unparalleled areal densities of 3TB+ per platter. This development sets the stage for future advancements, with Seagate aiming to achieve 4TB+ and 5TB+ per platter storage capabilities.:This article aims to provide an analysis of Seagate s breakthrough in hard drive technology, based on the provided sources. It will highlight key facts and industry trends, without speculative or biased inte...
Seagate Technology Holdings Plc, a global leader in mass data storage infrastructure solutions, recently announced the release of its latest high-performing block storage system, the Seagate Exos CORVAULT 4U106. Boasting a massive capacity of 2.5PB, this new storage solution offers enhanced rack density, extended lifecycles, and reduced power consumption, ultimately lowering the total cost of ownership (TCO) for corporate clients. However, the company s revenue has experienced a significant decline year on year. In this article, we will explore the impact of these facts on Seagate Technology Holdings Plc and assess potential reasons behind the revenue contraction. Key Facts: 1. Seagate Exos...
Seagate Technology Holdings Plc’s Comment on Sales, Marketing and Customers
The company designs and manufactures hard disk drives (HDDs), storage systems, and related solutions for two primary markets: Data Center and Edge/Internet of Things (Edge IoT). The Data Center market encompasses cloud and enterprise environments that require scalable, high-capacity storage infrastructure for AI-enabled computing, business-critical applications, and data-intensive workloads. The Edge IoT market serves industrial and consumer settings where data is processed and stored near its source. Customers include hyperscale cloud service providers (CSPs), original equipment manufacturers (OEMs), distributors, and enterprise organizations. These customers deploy the company's products across cloud and enterprise environments, private data centers, and other business-critical applications. Major customers, such as OEMs and hyperscale cloud operators, typically purchase under master purchase agreements with scheduled deliveries based on purchase orders and demand forecasts.
Sources:
Seagate Technology Holdings Plc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Seagate Technology Holdings Plc’s corporate clients.
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