Below are the financial statements of Seagate Technology Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 6,551a | 7,384a | 11,661a |
| Cost of revenue | -5,015a | -6,033a | -8,192a |
| Product development | -654a | -797a | -941a |
| Marketing and administrative | -460a | -491a | -559a |
| Amortization of intangibles | 0a | -3a | -11a |
| BIS settlement penalty | 0a | -300a | 0a |
| Restructuring and other, net | -30a | -102a | -3a |
| Total operating expenses | -6,099a | -7,726a | -9,706a |
| Income (loss) from operations | 452a | -342a | 1,955a |
| Interest income | 15a | 10a | 2a |
| Interest expense | -332a | -313a | -249a |
| Net gain from termination of interest rate swap | 104a | 0a | 0a |
| Net gain from business divestiture | 313a | 0a | 0a |
| Net (loss) gain from early redemption of debt | -29a | 190a | 0a |
| Other, net | -78a | -41a | -29a |
| Other expense, net | -7a | -154a | -276a |
| Income (loss) before income taxes | 445a | -496a | 1,679a |
| Provision for income taxes | -110a | -33a | -30a |
| Net income (loss) | 335a | -529a | 1,649a |
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