Seagate Technology Holdings (STX) Operating Expenses (2009 - 2026)
Seagate Technology Holdings (STX) posted quarterly Operating Expenses of $2.1 billion for Q2 2026, up 22.27% year-over-year from $1.7 billion in Q2 2025, and up 6.66% on a QoQ basis from $2.0 billion in Q1 2026.
Seagate Technology Holdings (STX) Operating Expenses (2009 - 2026) Analysis & Trends
Seagate Technology Holdings (STX) has reported Operating Expenses for 18 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 22.27% year-over-year to $2.1 billion; the TTM figure through Apr 2026 stood at $7.9 billion (up 14.53% YoY), while the FY2025 annual figure was $7.2 billion, up 18.17% from the prior year.
- Operating Expenses came in at $2.1 billion for Q2 2026 at Seagate Technology Holdings, up from $2.0 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 2025.
- Across the five-year window, Operating Expenses plunged 30.51% in 2023 and gained 28.37% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $2.0 billion in 2022, then tumbled by 30.09% to $1.4 billion in 2023, then increased by 28.37% to $1.8 billion in 2024, then advanced by 5.33% to $1.9 billion in 2025, then advanced by 9.25% to $2.1 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.1 billion, $2.0 billion, and $1.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 551.00 Mn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 4.13 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 519.00 Mn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 486.00 Mn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 2.11 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 703.39 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 2.40 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 392.81 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 347.49 Mn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | 56.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 2, 2021 | 2.51 Bn |