Seagate Q1 FY27 net income more than triples year over year to $1.76 billion

• Seagate's FY27 first-quarter GAAP diluted EPS more than tripled year-over-year to $7.59, while revenue climbed 61% to $4.23 billion.
• Operating cash flow more than tripled year-over-year to $1.69 billion, and the company retired approximately $1.2 billion in principal debt.
• Subsequent principal debt repayments of $750 million brought gross debt to $1.6 billion.
• CEO Dave Mosley said long-term customer demand visibility reinforced expectations for a multiyear growth phase.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seagate Technology Holdings plc published the original content used to generate this news brief via Business Wire (Ref. ID: 202610271605BIZWIRE_USPR_____20261027_BW450936) on October 27, 2026, and is solely responsible for the information contained therein.