---
title: "Seagate Technology: Competitors"
description: "Seagate Technology compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how peers are chosen."
canonical: https://www.getswoopr.com/stocks/companies/seagate-technology/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Seagate Technology: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies Seagate Technology under SIC code 3572 (Computer Storage Devices). Among Swoopr's S&P 500 Equal Weight companies, 5 others share that classification; by latest reported revenue, Seagate Technology ranks 2 of 6. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does Seagate Technology Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| [Western Digital (WDC)](https://www.getswoopr.com/stocks/companies/western-digital/) | $9.5 billion FY2025 | 50.7% | 24.5% | 17.3% |
| **Seagate Technology (STX)** | $9.1 billion FY2025 | n/a | 20.8% | 16.1% |
| [Sandisk (SNDK)](https://www.getswoopr.com/stocks/companies/sandisk/) | $7.4 billion FY2025 | 10.4% | -18.7% | -22.3% |
| [NetApp (NTAP)](https://www.getswoopr.com/stocks/companies/netapp/) | $6.2 billion FY2026 | 5.6% | 26.8% | 20.5% |
| [Everpure Inc. (P)](https://www.getswoopr.com/stocks/companies/everpure-inc/) | $3.7 billion FY2026 | 15.6% | 3.1% | 5.1% |
| [Quantum Corporation (QMCO)](https://www.getswoopr.com/stocks/companies/quantum-corporation/) | $280 million FY2026 | 2.0% | -8.8% | -36.1% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for Seagate Technology and 5 peers: Western Digital (WDC) 24.5%, Seagate Technology (STX) 20.8%, Sandisk (SNDK) -18.7%, NetApp (NTAP) 26.8%, Everpure Inc. (P) 3.1%, Quantum Corporation (QMCO) -8.8%.](https://www.getswoopr.com/images/charts/seagate-technology-competitors-peer-margins.webp)
*Operating margin of Seagate Technology against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does Seagate Technology Rank Among All SEC Filers in Its Industry Code?

6 companies with annual reports in Swoopr's SEC dataset share SIC code 3572 (Computer Storage Devices), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | Seagate Technology | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $9.1 billion | $6.8 billion | 2 of 6 |
| Operating margin | 20.8% | 12.0% | 3 of 6 |
| Net margin | 16.1% | 10.6% | 3 of 6 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value Seagate Technology reported in its own SEC filings, read from the SEC's XBRL data (accession 0001137789-26-000159 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are Seagate Technology's competitors?

Companies sharing Seagate Technology's SEC classification (SIC code 3572 (Computer Storage Devices)) include Western Digital (WDC), Sandisk (SNDK), NetApp (NTAP), Everpure Inc. (P), Quantum Corporation (QMCO). Its 10-K names the competitors it considers most relevant.

### How does Seagate Technology compare with its peers on margins?

Seagate Technology's fiscal 2025 operating margin was 20.8%, against a peer median of 3.1%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does Seagate Technology rank among all companies in its SEC industry?

Among 6 SEC filers under SIC code 3572, Seagate Technology ranks 2 by latest revenue, and 3 of 6 by operating margin (20.8% against a median of 12.0%).

## References

- [SEC EDGAR: Seagate Technology Holdings plc Form 10-K filed August 4, 2026](https://www.sec.gov/Archives/edgar/data/1137789/000113778926000159/stx-20260703.htm)
- [SEC EDGAR: Seagate Technology Holdings plc annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1137789&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Seagate Technology company dossier](https://www.getswoopr.com/stocks/companies/seagate-technology/)
- [Seagate Technology financial metrics](https://www.getswoopr.com/stocks/companies/seagate-technology/metrics/)
- [Seagate Technology financial risk indicators](https://www.getswoopr.com/stocks/companies/seagate-technology/risks/)
- [Seagate Technology peer comparison](https://www.getswoopr.com/stocks/companies/seagate-technology/competitors/)
- [Seagate Technology business model and revenue mix](https://www.getswoopr.com/stocks/companies/seagate-technology/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
