• Seagate Technology Holdings Plc. (NASDAQ:STX) reported an EPS of $3.11, exceeding the estimated $2.78 and showcasing significant financial growth from the previous year.
• The company's revenue reached approximately $2.83 billion, surpassing both the estimated $2.73 billion and the Zacks Consensus Estimate, indicating strong market performance.
• Despite a high P/E ratio of 46.23 and a negative debt-to-equity ratio of -79.27, Seagate's consistent outperformance in earnings and revenue highlights its robust position in the data storage industry.

Seagate Technology Holdings Plc. (NASDAQ:STX) is a prominent player in the data storage industry, known for its innovative storage solutions. The company operates in the Zacks Computer - Integrated Systems industry, where it competes with other tech giants. Seagate's focus on data storage devices has positioned it well in the market, especially with the growing demand for data centers and AI applications.

On January 27, 2026, Seagate reported earnings per share (EPS) of $3.11, surpassing the estimated $2.78. This performance exceeded the Zacks Consensus Estimate of $2.83 per share, marking a positive surprise of over 10%. The EPS also showed a significant increase from the $2.03 reported in the same quarter last year, highlighting the company's strong financial growth.

Seagate's revenue for the quarter was approximately $2.83 billion, exceeding the estimated $2.73 billion. This revenue figure surpassed the Zacks Consensus Estimate by 2.69% and demonstrated growth from the $2.33 billion reported in the same period the previous year. Over the past four quarters, Seagate has consistently outperformed consensus earnings and revenue estimates, showcasing its robust performance.

The company's strong results are attributed to its operational execution and the sustained demand for data centers. CEO Dave Mosley highlighted the success of their HAMR-based Mozaic products as a key factor. Despite the positive earnings report, Seagate's shares remained mostly flat in extended trading, but the company provided strong guidance for the upcoming third quarter.

Seagate's financial metrics reveal interesting insights. The P/E ratio of approximately 46.23 indicates investor confidence, while the price-to-sales ratio of about 8.31 reflects its market value relative to revenue. The negative debt-to-equity ratio of -79.27 suggests a higher level of debt compared to equity, which is a point of consideration for investors.