Seagate Technology Holdings (STX) Operating Expenses (2009 - 2026)
Seagate Technology Holdings (STX) posted Operating Expenses of $2.1 billion for Q3 2026, down 2.08% on a QoQ basis from $2.1 billion in Q2 2026, and up 10.34% year-over-year from $1.9 billion in Q3 2025.
Analysis
Seagate Technology Holdings (STX) Operating Expenses (2009 - 2026) Analysis & Trends
Seagate Technology Holdings has reported Operating Expenses for 18 years, with the latest figure at $2.1 billion in Q3 2026.
- On a quarterly basis, Operating Expenses rose 10.34% year-over-year to $2.1 billion in Q3 2026; TTM through Jul 2026 was $8.1 billion, a 12.4% increase from a year earlier, with the FY2026 full-year figure at $8.1 billion, up 12.4% from the prior year.
- Operating Expenses was $2.1 billion for Q3 2026 at Seagate Technology Holdings, down from $2.1 billion in the prior quarter.
- The five-year high for Operating Expenses was $2.4 billion in Q2 2022, with the low at $1.4 billion in Q4 2023.
- Average Operating Expenses over 5 years is $1.9 billion, with a median of $1.9 billion recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses slumped 30.51% in 2023, then increased 28.37% in 2024.
- Over 5 years, Operating Expenses stood at $2.0 billion in 2022, then sank by 30.09% to $1.4 billion in 2023, then climbed by 28.37% to $1.8 billion in 2024, then rose by 5.33% to $1.9 billion in 2025, then increased by 6.98% to $2.1 billion in 2026.
- The last three Operating Expenses figures came in at $2.1 billion (Q3 2026), $2.1 billion (Q2 2026), and $2.0 billion (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 4.45 Bn |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 532.30 Mn |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 545.00 Mn |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 2.07 Bn |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 465.00 Mn |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 10.82 Bn |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 935.00 Mn |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | 748.23 Mn |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 454.57 Mn |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 82.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 2.07 Bn |
| Apr 3, 2026 | 2.11 Bn |
| Jan 2, 2026 | 1.98 Bn |
| Oct 3, 2025 | 1.94 Bn |
| Jun 27, 2025 | 1.88 Bn |
| Mar 28, 2025 | 1.73 Bn |
| Dec 27, 2024 | 1.84 Bn |
| Sep 27, 2024 | 1.77 Bn |
| Jun 28, 2024 | 1.57 Bn |
| Mar 29, 2024 | 1.51 Bn |
| Dec 29, 2023 | 1.43 Bn |
| Sep 29, 2023 | 1.58 Bn |
| Jun 30, 2023 | 1.58 Bn |
| Mar 31, 2023 | 2.18 Bn |
| Dec 30, 2022 | 2.05 Bn |
| Sep 30, 2022 | 1.93 Bn |
| Jul 1, 2022 | 2.27 Bn |
| Apr 1, 2022 | 2.37 Bn |
| Dec 31, 2021 | 2.54 Bn |
| Oct 1, 2021 | 2.53 Bn |