Wall Street analysts had been anticipating earnings per share of $5.09 on revenue of $3.5 billion, according to consensus estimates. Looking ahead, Seagate issued ambitious guidance for its fiscal first quarter of 2027 that significantly outstripped market expectations. For the full fiscal year 2026, Seagate generated $12.2 billion in revenue and delivered non-GAAP diluted earnings per share of $15.58, representing sharp gains over fiscal 2025 results. Annual cash generation reached record levels, with operating cash flow hitting $3.7 billion and free cash flow reaching $3.1 billion. Related articlesSeagate tops FQ4 estimates and issues blockbuster first-quarter guidance; stock upThese 2 stocks are best positioned to benefit from higher uranium prices: analystMorgan Stanley CIO survey: Why AI hype isn't boosting 2026 IT budgets