Seagate Technology Holdings plcSTX

Seagate Technology Holdings plc Segments Disclosure

10-KFiled Aug 1, 20251 min read
Business Segment and Geographic Information
The Company’s manufacturing operations are based on technology platforms that are used to produce various data storage and systems solutions that serve multiple applications and markets. The Company has determined that its Chief Operating Decision Maker (“CODM”), the Chief Executive Officer, evaluates performance of the Company and makes decisions regarding investments in the Company’s technology platforms and manufacturing infrastructure based on the Company’s consolidated results, including net income reported on the Consolidated Statements of Operations. As a result, the Company has concluded that its manufacture and distribution of storage solutions constitutes one operating segment.
Significant expense categories regularly provided to and reviewed by the CODM are those presented in the Consolidated Statements of Operations.
The following table summarizes the Company’s long-lived assets by country:
 Fiscal Years Ended
(Dollars in millions)June 27,
2025		June 28,
2024		June 30,
2023
Long-lived assets:   
United States$672 $658 $667 
Thailand546 574 606 
Singapore411 447 460 
Other381 338 369 
Consolidated$2,010 $2,017 $2,102 

Historical Timeline

Fiscal YearFiled
2025Aug 1, 2025Showing above
2024Aug 2, 2024
2023Aug 4, 2023
2022Aug 5, 2022
2020Aug 7, 2020

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.

Other Available Disclosures

Income TaxesRevenueEarnings Per ShareFair ValuePP&EGoodwill & IntangiblesLeasesDebtCommitmentsStock CompensationNew StandardsPay vs Performance