Seagate Technology (STX) Q2 Earnings Rise on Strong Demand

Seagate Technology Holdings PLC (STX) reported increased quarterly profit for Q2 FY2026, driven by robust demand for data storage solutions. The hard drive manufacturer's earnings climbed as cloud and enterprise customers continued expanding capacity investments. The company announced its financial results on January 27, 2026, showing improved profitability amid ongoing industry recovery. Seagate has benefited from stabilizing prices and increased demand following previous market oversupply conditions.