• Seagate Technology Holdings average gross margin for 2023 was 18.06%, a 35.75% increase from 2022.
• Seagate Technology Holdings average gross margin for 2022 was 28.11%, a 0.54% decline from 2021.
• Seagate Technology Holdings average gross margin for 2021 was 27.96%, a 3.9% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.