Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal first quarter ended October 3, 2025. "Seagate delivered strong September quarter results, with revenue growth of 21% year-over-year and non-GAAP EPS exceeding the high end of our guided range. Our performance underscores the team's strong execution and robust customer demand for our high-capacity storage products," said Dave Mosley, Seagate's chair and chief executive officer.
"With clear visibility into sustained demand strength, we are ramping shipments of our areal density-leading Mozaic HAMR products, which are now qualified with five of the world's largest cloud customers. These products address customers' performance, durability and TCO needs at scale to continue supporting demand for existing use cases such as social media video platforms as well as growth driven by new AI applications. AI is transforming how content is being consumed and generated, increasing the value of data and storage and Seagate is well positioned for continued profitable growth," Mosley concluded.