Seagate Technology Holdings plc
Close on Nov 2, 2026Market cap $134.57BP/E 31.2Yield 0.50%
Seagate Technology Net Debt by Quarter
Net Debt ($M — Principal Debt Less Cash & Equivalents) ($M)
Seagate Technology Net Debt: $1,125M in Q1 FY27, down 71.4% from a year earlier. That is the lowest of the 16 quarters on record here.
Where the Q1 FY27 figure comes from
“Net Debt ($M)2 3,934 3,500 2,759 1,899 1,125 $490”
Source: STX-FQ1-27-Supplemental.pdf ↗
Reduced from $5,259M in Q2 FY2023 to $1,125M in Q1 FY2027 as free cash flow retired high-yield and exchangeable debt.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Net Debt ($M — Principal Debt Less Cash & Equivalents) ($M) | Year on year | Source |
|---|---|---|---|---|
| Q1 FY27 | Sep 30, 2026 | 1,125 | -71.4% | STX-FQ1-27-Supplemental.pdf ↗ |
| Q4 FY26 | Jun 30, 2026 | 1,899 | -54.3% | STX-FQ1-27-Supplemental.pdf ↗ |
| Q3 FY26 | Mar 31, 2026 | 2,759 | -37.0% | STX-FQ1-27-Supplemental.pdf ↗ |
| Q2 FY26 | Dec 31, 2025 | 3,500 | -22.1% | STX-FQ1-27-Supplemental.pdf ↗ |
| Q1 FY26 | Sep 30, 2025 | 3,934 | -12.4% | STX-FQ1-27-Supplemental.pdf ↗ |
| Q4 FY25 | Jun 30, 2025 | 4,155 | -4.9% | STX-FQ4-26-Supplemental.pdf ↗ |
| Q3 FY25 | Mar 31, 2025 | 4,379 | -11.2% | STX-FQ3-26-Supplemental.pdf ↗ |
| Q2 FY25 | Dec 31, 2024 | 4,491 | -9.1% | STX-FQ2-26-Supplemental.pdf ↗ |
| Q1 FY25 | Sep 30, 2024 | 4,490 | -9.0% | STX-FQ1-26-Supplemental.pdf ↗ |
| Q4 FY24 | Jun 30, 2024 | 4,371 | -7.6% | STX-FQ4-25-Supplemental.pdf ↗ |
| Q3 FY24 | Mar 31, 2024 | 4,934 | -6.2% | STX-FQ3-25-Supplemental-vF.pdf ↗ |
| Q2 FY24 | Dec 31, 2023 | 4,942 | -6.0% | STX-FQ2-25-Supplemental.pdf ↗ |
| Q1 FY24 | Sep 30, 2023 | 4,934 | – | STX-FQ1-25-Supplemental.pdf ↗ |
| Q4 FY23 | Jun 30, 2023 | 4,732 | – | STX-FQ4-24-Supplemental.pdf ↗ |
| Q3 FY23 | Mar 31, 2023 | 5,259 | – | STX-FQ3-24-Supplemental.pdf ↗ |
| Q2 FY23 | Dec 31, 2022 | 5,259 | – | STX-FQ2-24-Supplemental.pdf ↗ |
Breakdown
What makes up net Debt
- Last Twelve Months (LTM) Adjusted EBITDA ($M)6,094 · Q1 FY27
- Total Leverage Ratio on Net Debt (Net Debt / LTM Adjusted EBITDA, x)0.20 · Q1 FY27
- LTM Cash Interest Expense ($M)272 · Q1 FY27
- LTM Cash Dividends Paid ($M)649 · Q1 FY27
- 3.50% Exchangeable Senior Notes due 2028 — If-Converted Dilutive Shares (Millions)4 · Q3 FY26
Cite this data
StockData. (2026). Seagate Technology Net Debt ($M), quarterly Q2 FY23–Q1 FY27 [Data set]. Compiled from Seagate Technology SEC filings and investor materials. https://stockdatahq.com/stocks/stx/kpis/net-debt
See every metric in the Seagate Technology KPI table. Data updated Oct 29, 2026.