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LOGI

Logitech International S.A.

LOGI

Logitech International S.A. • NASDAQ
$112.73 ▲ 1.96% (+2.17)
Market Cap $16.56 B
52w High $123.01
52w Low $64.73
Dividend Yield 1.58%
P/E 25.62
Volume 427.70K
Outstanding Shares 146.86M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $1.186B ▲ $323.165M ▲ $170.67M ▲ 14.39% ▲ $1.16 ▲ $222.926M ▲
Q1-2026 $1.148B ▲ $319.017M ▼ $146.015M ▲ 12.722% ▼ $0.99 ▲ $185.493M ▲
Q4-2025 $1.01B ▼ $332.117M ▼ $144.066M ▼ 14.259% ▼ $0.98 ▼ $135.463M ▼
Q3-2025 $1.34B ▲ $342.335M ▲ $200.147M ▲ 14.933% ▲ $1.33 ▲ $256.134M ▲
Q2-2025 $1.116B $327.647M $145.483M 13.036% $0.95 $181.62M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $1.376B ▼ $3.707B ▼ $1.624B ▲ $2.083B ▼
Q1-2026 $1.488B ▼ $3.743B ▲ $1.556B ▲ $2.187B ▲
Q4-2025 $1.503B ▲ $3.539B ▼ $1.411B ▼ $2.127B ▲
Q3-2025 $1.503B ▲ $3.732B ▲ $1.629B ▲ $2.103B ▼
Q2-2025 $1.363B $3.644B $1.533B $2.112B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $170.67M ▲ $228.837M ▲ $-16.194M ▲ $-323.387M ▼ $-112.015M ▼ $212.28M ▲
Q1-2026 $146.015M ▼ $125.045M ▼ $-18.1M ▼ $-134.433M ▼ $-15.383M ▼ $108.769M ▼
Q4-2025 $146.3M ▼ $132.651M ▼ $-12.107M ▲ $-124.099M ▲ $2.757M ▼ $119.673M ▼
Q3-2025 $193.36M ▲ $359.856M ▲ $-13.571M ▲ $-194.492M ▲ $142.571M ▲ $346.089M ▲
Q2-2025 $148.749M $169.445M $-16.334M $-341.288M $-176.596M $154.598M

Revenue by Products

Product Q3-2025Q4-2025Q1-2026Q2-2026
Other Retail Products
Other Retail Products
 $40.00M ▲$20.00M ▼$30.00M ▲$30.00M ▲
Retail Gaming
Retail Gaming
 $470.00M ▲$260.00M ▼$320.00M ▲$320.00M ▲
Retail Headsets
Retail Headsets
 $50.00M ▲$40.00M ▼$50.00M ▲$40.00M ▼
Retail Keyboards Desktops
Retail Keyboards Desktops
 $240.00M ▲$220.00M ▼$220.00M ▲$240.00M ▲
Retail Pointing Devices
Retail Pointing Devices
 $220.00M ▲$190.00M ▼$200.00M ▲$220.00M ▲
Retail Tablet And Other Accessories
Retail Tablet And Other Accessories
 $80.00M ▲$60.00M ▼$90.00M ▲$90.00M ▲
Retail Video
Retail Video
 $80.00M ▲$80.00M ▲$80.00M ▲$80.00M ▲
Retail Video Collaboration
Retail Video Collaboration
 $180.00M ▲$140.00M ▼$170.00M ▲$170.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Logitech looks like a mature, profitable hardware company that went through a demand surge and then a normalization. Revenue spiked earlier in the decade when remote work and gaming boomed, then stepped down and has since stabilized at a slightly lower but still solid level. Profitability has compressed from the peak years but remains healthy, with operating and net income showing a clear recovery from the post-boom dip. This suggests decent pricing power and solid cost control, even in a more competitive environment. The overall story is less about rapid growth and more about maintaining good margins and steady earnings in a normalized demand environment, with exposure to cyclical swings in PC, gaming, and corporate spending.

Balance Sheet

Balance Sheet The balance sheet is a core strength. Logitech holds a large cash reserve, carries very little debt, and maintains a solid equity base. Total assets have edged down slightly from prior highs, which likely reflects disciplined working capital management and capital returns rather than distress. This conservative financial posture gives the company flexibility to invest in new products, absorb periods of weaker demand, and handle supply-chain or macro shocks. Overall, financial risk from leverage looks low, and the company appears to be run with an emphasis on resilience and optionality rather than aggressive balance-sheet tactics.

Cash Flow

Cash Flow Cash generation is a bright spot, though not perfectly smooth. Operating and free cash flow have been strong over the five-year period, with one notably weaker year in the middle when demand and inventories were adjusting after the boom. Capital spending needs are relatively modest for a hardware company of this size, so a large share of operating cash converts into free cash. That gives Logitech ample room to fund R&D, marketing, and shareholder returns while still keeping a cash cushion. The main risk is that cash flow is tied to product cycles and consumer / enterprise spending, so it can swing meaningfully when demand shifts, even though the longer-term pattern remains solidly positive.

Competitive Edge

Competitive Edge Logitech holds a leading position in many of its niches—mice, keyboards, webcams, and gaming peripherals—supported by a trusted brand, broad product range, and extensive global distribution. Its scale and relationships with retailers and online channels make it harder for smaller players to match shelf presence and logistics. At the same time, the markets it plays in are highly competitive, with pressure from both premium tech ecosystems and low-cost manufacturers. Some observers question whether the company has a deep, unassailable moat or more of a strong but contestable position. Logitech’s advantages seem to rest on brand loyalty, reliable quality, and integrated software (like its gaming and streaming tools), rather than on any one technology that rivals cannot eventually copy. Maintaining that edge will require ongoing marketing and innovation, not just legacy strength.

Innovation and R&D

Innovation and R&D Innovation is one of Logitech’s main levers to defend and grow its franchise. The company focuses on human-centric design—comfortable, reliable devices that feel better to use—and layers on technology like advanced sensors, wireless performance, and AI-enhanced audio and video. It has built a particularly strong identity in gaming peripherals, with specialized features such as high-performance sensors, haptic triggers, and deep customization through its software platform. Logitech is also leaning into growth themes like content creation, hybrid work, and emerging platforms such as mixed reality, adding AI-driven tools for streamers and smarter video collaboration hardware. The key question is less whether Logitech can invent attractive products—it clearly can—and more whether those innovations consistently translate into new, durable revenue streams and defend its premium positioning in crowded categories.

Summary

Overall, Logitech comes across as a financially solid, cash-generative technology hardware company that has moved from a pandemic-era boom into a more mature, steady phase. Revenues have settled below prior peaks but appear stable, while profitability and cash flow remain strong enough to support substantial investment and strategic flexibility. The balance sheet is conservative, with high cash and minimal debt, which reduces financial risk and provides room to maneuver. Competitively, Logitech enjoys meaningful strengths in brand, distribution, and user experience, but operates in markets where competition is intense and copycats are common, so its edge depends on continuous innovation and execution. Future performance will likely hinge on how well it capitalizes on gaming, hybrid work, AI-enhanced peripherals, and creator tools, while navigating pricing pressure and cyclical swings in demand.

NEWS

November 20, 2025 · 6:36 PM UTC

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Logitech International S.A. - LOGI

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November 20, 2025 · 11:01 AM UTC

Logitech Unveils First U.S. Experience Store in San Francisco's Union Square

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November 14, 2025 · 4:10 PM UTC

Logitech Cybersecurity Disclosure

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October 29, 2025 · 4:28 PM UTC

Logitech Files Quarterly Report on Form 10-Q

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October 28, 2025 · 4:05 PM UTC

Logitech Announces Q2 Fiscal Year 2026 Results

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