Seagate's revenue is back near its 2022 level. Its market value rose from US$14.8bn to US$185.6bn
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What the chart shows
Seagate's revenue fell from US$11.7bn to US$6.6bn and has climbed back to US$12.2bn over the last four financial years. Its market value went from US$14.8bn to US$185.6bn.
Investors have been paying for scarcity: AI data centres want every hard drive the three makers can build. So a report that Toshiba plans to double its output by 2027 hit the shares hard on Friday.
The next results will show whether contract prices are holding.
The story behind it
A Toshiba factory plan took a tenth off Seagate and Western Digital Read the edition →Seagate on the calendar
Next results: date to come. It goes on the calendar as soon as Seagate announces it. Economic calendar →The numbers
Revenue by financial year to June or July (columns, left scale) and market value at each year end (line, right scale), US$bn, on two scales from zero. The line ends in July, before Friday's fall.
| Revenue, US$bn | Market value, US$bn | |
|---|---|---|
| FY22 | 11.7 | 14.8 |
| FY23 | 7.4 | 12.8 |
| FY24 | 6.6 | 21.7 |
| FY25 | 9.1 | 30.0 |
| FY26 | 12.2 | 185.6 |
How we make these charts: one chart a day from a story in the edition, drawn from the figures the story names and checked against the sources named on the chart before it is published. General information only, not financial advice.
