Seagate Technology ( ) reported its fiscal second-quarter 2026 earnings yesterday, and the results beat Wall Street expectations on both revenue and earnings per share. The company brought in $2.83 billion in revenue, topping the consensus estimate of around $2.75 billion. On the bottom line, non-GAAP earnings came in at $3.11 per share, well above the expected $2.83. This strong showing was largely driven by robust demand for high-capacity storage solutions needed for artificial intelligence (AI) applications, such as data centers handling massive AI workloads.
