10-KPeriod: FY2018

Seagate Technology Holdings plc Annual Report, Year Ended Jun 29, 2018

Filed August 3, 2018For Securities:STX

Summary

Seagate Technology Holdings plc (STX) filed its 2018 10-K, presenting a snapshot of its financial health and operational landscape for the fiscal year ending June 28, 2018. The filing confirms STX is not a shell company and provides key market capitalization data as of December 29, 2017, valued at approximately $11.9 billion. Investors should note that significant portions of Part III of the report, covering crucial governance and compensation details, will be incorporated by reference from the company's definitive proxy statement. While specific financial performance figures are not detailed in this provided excerpt, the filing signals the company's ongoing operations within the technology sector, specifically in data storage solutions. The substantial number of outstanding ordinary shares (287,184,721 as of July 30, 2018) indicates a widely held stock. Investors are advised to consult the full 10-K and the forthcoming proxy statement for comprehensive insights into revenue, profitability, strategic initiatives, risks, and executive compensation.

Financial Highlights

56 data points
Beta

Revenue

$11.18B

30.1% Gross Margin

Net Income

$1.18B

10.6% Net Margin

EPS (Diluted)

$4.05

Total Assets

$9.41B

Cash & Equivalents

$1.85B

Free Cash Flow

$1.75B

Financial Statements
Beta
Revenue$11.18B
Cost of Revenue$7.82B
Gross Profit$3.36B
R&D Expenses$1.03B
SG&A Expenses$562.00M
Operating Expenses$9.55B
Operating Income$1.63B
Interest Expense$236.00M
Net Income$1.18B
EPS (Basic)$4.10
EPS (Diluted)$4.05
Shares Outstanding (Basic)288.00M
Shares Outstanding (Diluted)292.00M

Key Highlights

  • 1Seagate Technology Holdings plc (STX) filed its annual report (10-K) for the fiscal year ending June 28, 2018.
  • 2The company is confirmed to not be a shell company.
  • 3As of December 29, 2017, the market value of STX's non-affiliate shares was approximately $11.9 billion.
  • 4The number of outstanding ordinary shares as of July 30, 2018, was 287,184,721.
  • 5Key information regarding directors, executive compensation, and corporate governance (Items 10-14 in Part III) will be incorporated by reference from the company's proxy statement.
  • 6The filing includes standard sections covering business overview, risk factors, properties, legal proceedings, market for common equity, financial data, and management's discussion and analysis.

Frequently Asked Questions

This excerpt of the 10-K does not provide specific financial performance metrics like revenue or net income. However, it confirms the company is operational and provides market capitalization data ($11.9 billion as of Dec 2017) and the number of outstanding shares (287.2 million as of July 2018), suggesting a significant public entity.

Detailed information on executive compensation, directors, and corporate governance (Items 10, 11, 12, 13, and 14 in Part III) will be found in Seagate's definitive proxy statement, which is expected to be filed with the SEC no later than 120 days after the fiscal year-end.

This excerpt does not detail Seagate's specific products or business segments. For information on the company's business, investors should refer to Item 1. Business in the full 10-K filing.

The filing lists 'Risk Factors' as Item 1A. While not detailed in this excerpt, this section of the full 10-K would outline potential risks and uncertainties that could affect the company's business, financial condition, or results of operations.