Seagate Technology Holdings (STX) Operating Margin (2009 - 2026)
Seagate Technology Holdings (STX) posted quarterly Operating Margin of 32.07% for Q2 2026, up 1212.0% year-over-year from 2.44% in Q2 2025, and up 7.47% quarter-over-quarter from 29.84% in Q1 2026.
Seagate Technology Holdings (STX) Operating Margin (2009 - 2026) Analysis & Trends
Seagate Technology Holdings' Operating Margin history runs 18 years deep, the most recent figure standing at 32.07% for Q2 2026.
- In Q2 2026, Operating Margin rose 1212.0% year-over-year to 32.07%; the TTM figure through Apr 2026 stood at 28.18% (up 903.0% YoY), while the FY2025 annual figure was 20.78%, up 1388.0% from the prior year.
- Operating Margin for Q2 2026 stood at 32.07%, up from 29.84% in the prior quarter.
- The five-year high for Operating Margin was 32.07% in Q2 2026, with the low at 16.94% in Q1 2023.
- The 5-year median for Operating Margin is 15.31% (2022), against an average of 12.11%.
- The sharpest annual moves came in 2023 and 2024: Operating Margin sank 3225 bps in 2023, then soared 2746 bps in 2024.
- Seagate Technology Holdings' Operating Margin stood at 8.48% in 2022, then surged by 194 bps to 7.97% in 2023, then soared by 163 bps to 20.99% in 2024, then rose by 26 bps to 26.4% in 2025, then advanced by 21 bps to 32.07% in 2026.
- Business Quant data shows STX's Operating Margin at 32.07% in Q2 2026, 29.84% in Q1 2026, and 26.4% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 280.00 Bn | 268.42 Bn | 7.78 Bn | 8.34% |
| 2 | Arista Networks | 236.48 Bn | 223.14 Bn | 1.91 Bn | 45.39% |
| 3 | Sandisk | 219.05 Bn | 214.29 Bn | 7.58 Bn | 78.49% |
| 4 | Seagate Technology Holdings | 173.77 Bn | 172.06 Bn | 1.90 Bn | 42.96% |
| 5 | Western Digital | 148.61 Bn | 145.37 Bn | 1.68 Bn | 35.66% |
| 6 | Everpure | 33.29 Bn | 31.79 Bn | 723.33 Mn | 1.89% |
| 7 | Hp | 26.26 Bn | 22.56 Bn | 3.02 Bn | 4.25% |
| 8 | Super Micro Computer | 21.11 Bn | 19.82 Bn | 1.02 Bn | 6.11% |
| 9 | Logitech International | 13.96 Bn | 12.21 Bn | 607.94 Mn | 21.07% |
| 10 | IonQ | 11.29 Bn | 9.18 Bn | 19.94 Mn | -421.29% |
Historic Data
Download 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% |