Companies/Seagate Technology/product line
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Data center hard drives

Seagate's largest business: 80% of fiscal 2026 revenue, with 789 exabytes of HDDs shipped.

STX market data

The numbers

Data center share of revenue80%FY2026 (ended July 3, 2026) · Up from 75% in FY2025 · source ↗
HDD exabytes shipped789 EBFY2026 (ended July 3, 2026) · Up from 595 EB in FY2025 · source ↗
Nearline exabytes shipped695 EBFY2026 (ended July 3, 2026) · Up from 497 EB in FY2025 · source ↗

What it is

Nearline hard drives for cloud and enterprise data centers, sold mainly to hyperscale cloud providers and OEMs.↗ source

Why it matters to the stock. Exabytes shipped and the price per terabyte drive revenue. Mix shifts toward higher-capacity drives raise margins even when unit volumes stay flat.

News

Seagate says Mozaic 4+ 44TB HAMR drives are shipping in volume to two hyperscale cloud providers

Seagate said its Mozaic 4+ heat-assisted magnetic recording platform is qualified and in production with two leading hyperscale cloud providers, with drives up to 44TB.

Product