Seagate Technology Holdings (STX) Operating Margin (2009 - 2026)
Seagate Technology Holdings (STX) posted Operating Margin of 42.96% for fiscal Q4 2026 (quarter ended Jul 3, 2026), up 19.72 percentage points from 23.24% a year earlier and up 10.89 percentage points from the prior quarter.
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Analysis
Seagate Technology Holdings (STX) Operating Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 3, 2026), Seagate Technology Holdings' Operating Margin came in at 33.57%, up 12.80 percentage points from FY2025.
- Annual Operating Margin has increased for three consecutive fiscal years, with a five-year change of +19.60 percentage points (FY2021 to FY2026).
- In prior fiscal years, Seagate Technology Holdings' Operating Margin was 20.78% in FY2025 (+13.88 pp), 6.90% in FY2024 (+11.53 pp), -4.63% in FY2023 (-21.40 pp) and 16.77% in FY2022 (+2.80 pp).
- The fiscal Q4 2026 figure stands as the highest quarterly Operating Margin in data going back to fiscal Q1 2010.
- On a year-over-year basis, Operating Margin has increased in each of the last 11 quarters, with an average year-over-year change of +13.36 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was fiscal Q1 2025, with a gain of 27.46 percentage points; the weakest was fiscal Q3 2023, with a drop of 32.25 percentage points.
- According to Business Quant data, Operating Margin for the three prior fiscal quarters was 32.07% (Q3 2026), 29.84% (Q2 2026) and 26.40% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 11.46% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 45.39% |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 78.49% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 42.96% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 41.71% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 16.79% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 27.76% |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 11.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 42.96% |
| Apr 3, 2026 | 32.07% |
| Jan 2, 2026 | 29.84% |
| Oct 3, 2025 | 26.40% |
| Jun 27, 2025 | 23.24% |
| Mar 28, 2025 | 19.95% |
| Dec 27, 2024 | 20.99% |
| Sep 27, 2024 | 18.59% |
| Jun 28, 2024 | 16.64% |
| Mar 29, 2024 | 8.64% |
| Dec 29, 2023 | 7.97% |
| Sep 29, 2023 | -8.87% |
| Jun 30, 2023 | 1.62% |
| Mar 31, 2023 | -16.94% |
| Dec 30, 2022 | -8.48% |
| Sep 30, 2022 | 5.26% |
| Jul 1, 2022 | 13.70% |
| Apr 1, 2022 | 15.31% |
| Dec 31, 2021 | 18.61% |
| Oct 1, 2021 | 18.81% |
API Access
Seagate Technology Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=STX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "STX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=STX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();