Logitech International SA

Latest Results (12.11.2025):

Logitech International SA delivered strong financial results for Q2 Fiscal Year 2026, with solid year-over-year growth across key financial metrics. The company posted sales of $1.19 billion—up 6% in US dollars and 4% in constant currency—and achieved noteworthy improvements in operating income and earnings per share, reflecting its operational excellence and strategic priorities in a challenging environment.

Sales Performance

In Q2 FY26, Logitech International SA reported sales of $1.19 billion, marking a 6% increase on a US dollars basis and 4% in constant currency compared to the same quarter last year.

Gross Margins

The GAAP gross margin was 43.4% (down 20 basis points), while the non-GAAP gross margin registered at 43.8% (down 30 basis points), suggesting a slight compression in margin performance.

Operating Income

Both GAAP and non-GAAP operating income saw a robust 19% growth, with figures reaching $191 million and $230 million respectively, indicating disciplined cost controls and strong execution.

Earnings Per Share

The GAAP EPS was $1.15 and non-GAAP EPS was $1.45, each up by 21% compared to Q2 of the previous year, reflecting healthy profitability improvements.

Cash Flow and Share Returns

Operational cash flow reached $229 million, with a quarter-ending cash balance of $1.4 billion. The company returned $340 million to shareholders through dividends and share repurchases during the quarter.

Forward Guidance

Looking ahead to Q3 FY26, Logitech International SA provided a balanced financial outlook with expected sales between $1,375 million and $1,415 million, alongside non-GAAP operating income in the range of $270 million to $290 million, acknowledging both strong momentum and ongoing global economic uncertainties.