Seagate Q2 EPS $3.11 Beats Estimates by 9.9%, Revenues Up 2.7%
Seagate Technology Holdings reported fiscal Q2 2026 EPS of $3.11 per share, 9.9% above estimates, and net revenues of $2.83 billion, 2.7% above consensus. The company has beaten earnings estimates in each of the last four quarters and maintains a 38% long-term growth rate versus a 28% industry average.
1. Q2 Fiscal 2026 Results
Seagate reported adjusted EPS of $3.11 for the second quarter of fiscal 2026, outperforming consensus estimates by 9.9%. Net revenues reached $2.83 billion, a 2.7% beat over analyst forecasts, marking the fourth consecutive quarter of positive earnings surprises.
2. Long-Term Outlook and Growth Profile
The company’s long-term earnings growth rate stands at 38%, outpacing the industry average of 28%, underscoring sustained demand for its storage solutions. Consistent quarterly beats have reinforced investor confidence in Seagate’s operational execution and profitability trajectory.