Seagate Technology Holdings (STX) Restructuring Costs (2009 - 2023)

Seagate Technology Holdings' Restructuring Costs history runs 13 years deep, the most recent figure standing at -$31.0 million for Q4 2023.

• In Q4 2023, Restructuring Costs fell 138.27% year-over-year to -$31.0 million; the TTM figure through Dec 2023 stood at $72.0 million (down 20.88% YoY), while the FY2018 annual figure was $89.0 million, down 50.0% from the prior year.
• Restructuring Costs was -$31.0 million for Q4 2023 at Seagate Technology Holdings, down from $2.0 million in the prior quarter.
• In the past five years, Restructuring Costs ranged from a high of $81.0 million in Q4 2022 to a low of -$31.0 million in Q4 2023.
• Historically, Restructuring Costs has averaged $11.9 million across 3 years, with a median of $2.0 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Restructuring Costs jumped 8000.0% in 2022, then sank 138.27% in 2023.
• A 3-year view of Restructuring Costs shows it stood at $1.0 million in 2021, then surged by 8000.0% to $81.0 million in 2022, then tumbled by 138.27% to -$31.0 million in 2023.
• The last three Restructuring Costs figures came in at -$31.0 million (Q4 2023), $2.0 million (Q3 2023), and $20.0 million (Q1 2023), per Business Quant data.