Seagate · customer concentration
Seagate’s biggest customers
Who are Seagate’s biggest customers?
One Customer: 10% of FY2025 revenue
stale FY2025 is the latest fiscal year with a 10% customer fact in the SEC data; the latest fiscal year with reported revenue is FY2026, for which no 10% customer is in the data yet.
The filing does not name this customer. Hollsteen never guesses names.
“In fiscal year 2026, one customer accounted for approximately 14% of our consolidated revenue.”
Seagate 10-K, verbatim · 10-K · filed Aug 4, 2026
Numbers, method and sources
Share of revenue per customer as tagged in the filing’s XBRL (ConcentrationRiskPercentage, benchmark revenue). US GAAP requires disclosure only for customers with at least 10% of revenue; a year without a customer means below 10% or not disclosed. Labels like “Customer A” are the filer’s own; the same label is not guaranteed to be the same customer every year.
FY2026
No customer ≥ 10% of revenue disclosed.
FY2025
- One Customer (not named in filing) 10%
FY2024
- One Customer (not named in filing) 10%
FY2023
- One Customer (not named in filing) 10%
FY2022
- One Customer (not named in filing) 10%
FY2021
- One Customer (not named in filing) 11%
SEC filings only. No market data.
Is Seagate getting more dependent on one customer?
Largest disclosed customer, by fiscal year
All Seagate facts from SEC filings · Customer concentration of all companies