Seagate Technology PLC (STX)
Net profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,469,000 | 335,000 | -529,000 | 1,649,000 | 1,314,000 |
| Revenue | US$ in thousands | 9,097,000 | 6,551,000 | 7,384,000 | 11,661,000 | 10,681,000 |
| Net profit margin | 16.15% | 5.11% | -7.16% | 14.14% | 12.30% |
June 30, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $1,469,000K ÷ $9,097,000K
= 16.15%
The net profit margin of Seagate Technology PLC has exhibited notable fluctuations over the analyzed period from June 30, 2021, to June 30, 2025. At the end of fiscal year 2021, the company reported a net profit margin of 12.30%, indicating a relatively healthy profitability level. This margin improved further in June 2022, reaching 14.14%, which suggests an enhancement in profitability and potentially more efficient cost management or favorable revenue conditions during that period.
However, the fiscal year ending June 2023 marked a significant deterioration in net profitability, with the margin turning negative at -7.16%. This shift indicates that the company incurred losses during this period, possibly due to increased costs, reduced revenues, or extraordinary expenses impacting overall profitability. The negative margin reflects challenges faced within that specific fiscal year, requiring further analysis of underlying factors such as operational disruptions, asset impairments, or industry-wide shocks.
Subsequent fiscal year ending June 2024 shows a recovery, with the net profit margin returning to a positive position at 5.11%. Although still below the pre-2023 levels, this rebound suggests improvements in revenue streams or cost control measures that contributed to restoring profitability. The most recent data for June 2025 indicates a significant growth in net profit margin, reaching 16.15%, which surpasses the levels recorded in both 2021 and 2022. This upward trend signifies a strong financial performance with enhanced profitability margins, potentially driven by successful strategic initiatives, market recovery, or operational efficiencies.
Overall, the trajectory of Seagate Technology PLC’s net profit margin demonstrates periods of growth, a notable decline into losses, and subsequent recovery, culminating in a peak margin as of June 2025. This pattern underscores the company’s resilience and responsiveness to evolving market and operational conditions over the analyzed timeframe.
Peer comparison
Jun 30, 2025