Companies/Seagate Technology/product line
launchedproduct line

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.

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