Logitech International S.A. (LOGI) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$1.32	$1.85	+40.2%	—	$1.2B	—
Q4 26	$1.1	$1.13	+2.7%	—	$1.1B	—
Q3 26	$1.36	$1.52	+11.8%	—	$1.4B	—
Q2 26	$1.24	$1.45	+16.9%	—	$1.2B	—
Q1 26	$1.09	$1.26	+15.6%	—	$1.1B	—
Q4 25	$0.86	$0.93	+8.1%	—	$1B	—
Q3 25	$1.36	$1.59	+16.9%	—	$1.3B	—
Q2 25	$1.07	$1.2	+12.1%	—	$1.1B	—
Q1 25	$0.88	$1.13	+28.4%	—	$1.1B	—
Q4 24	$0.65	$0.99	+52.3%	—	$1B	—
Q3 24	$1.17	$1.53	+30.8%	—	$1.3B	—
Q2 24	$0.64	$1.09	+70.3%	—	$1.1B	—
Q1 24	$0.47	$0.65	+38.3%	—	$974.5M	—
Q4 23	$0.41	$0.5	+22.0%	—	$960.1M	—
Q3 23	$1.18	$1.14	-3.4%	—	$1.3B	—
Q2 23	$1.1	$0.84	-23.6%	—	$1.1B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$4.85	—	—	$4.8B	—
FY25	—	$4.17	—	—	$4.6B	—
FY24	—	$3.9	—	—	$4.3B	—
FY23	—	$2.25	—	—	$4.5B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$2.2B	$2.6B	$2.8B	$3B	$5.3B	$5.5B	$4.5B	$4.3B	$4.6B	$4.8B
YoY change	+10.1%	+15.6%	+8.63%	+6.73%	+76.5%	+4.36%	-17.2%	-5.3%	+5.97%	+6.28%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	2.2B	2.6B	2.8B	3B	5.3B	5.5B	4.5B	4.3B	4.6B	4.8B
Cost of revenue	1.4B	1.7B	1.8B	1.9B	2.9B	3.2B	2.8B	2.5B	2.6B	2.7B
Gross profit	820M	909.2M	1B	1.1B	2.3B	2.3B	1.7B	1.8B	2B	2.1B
Gross margin	36.9%	35.4%	37.2%	37.7%	44.5%	41.3%	37.9%	41.4%	43.1%	43.2%
Research & development	130.5M	143.8M	161.2M	177.6M	226M	291.8M	280.8M	287.2M	309M	316.2M
Selling, general & administrative	479.7M	531.7M	585.3M	626.4M	936M	1.2B	923.7M	882.6M	978.4M	983.8M
Operating expenses	610.3M	675.5M	746.5M	804M	1.2B	1.5B	1.2B	1.2B	1.3B	1.3B
Operating income	204M	224.8M	276.2M	300.8M	1.2B	785.3M	503.1M	597.2M	664.5M	785.1M
Operating margin	9.18%	8.76%	9.91%	10.1%	22%	14.3%	11.1%	13.9%	14.6%	16.2%
Non-operating income, net	9.6M	2.5M	-13.4M	13.9M	-8.3M	-10.7M	-57.9M	-26.3M	-12.6M	-6.8M
Pretax income	215M	232.3M	271.1M	324.3M	1.1B	775.8M	463.5M	621.6M	706.9M	826.5M
Income tax	9.1M	23.7M	13.6M	-125.4M	200.9M	131.3M	98.9M	9.5M	75.3M	115.3M
Net income	205.9M	208.5M	257.6M	449.7M	947.3M	644.5M	364.6M	612.1M	631.5M	711.2M
Net margin	9.27%	8.12%	9.24%	15.1%	18%	11.8%	8.03%	14.2%	13.9%	14.7%
EBITDA	244.9M	279.3M	357.3M	360.7M	1.2B	914.5M	661.8M	708.2M	760.1M	873M
EPS	1.18	1.27	1.56	2.7	5.62	3.85	2.25	3.9	4.17	4.85
Diluted EPS	1.16	1.23	1.52	2.66	5.51	3.78	2.23	3.87	4.13	4.8

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	1.1B	1.3B	1B	1.1B	1.1B	1.3B	1B	1.1B	1.2B	1.4B	1.1B	1.2B
Cost of revenue	618.4M	728.7M	574.5M	622M	629.9M	765.9M	574.5M	668.7M	671.6M	806.8M	602.2M	619.3M
Gross profit	438.6M	526.8M	437M	466.3M	486.1M	574.4M	435.8M	479M	514.5M	614.6M	483.3M	607.9M
Gross margin	41.5%	42%	43.2%	42.8%	43.6%	42.9%	43.1%	41.7%	43.4%	43.2%	44.5%	49.5%
Research & development	68.6M	72.7M	75.4M	75.3M	76.2M	78M	79.5M	74.6M	76.1M	78.5M	87.1M	84.6M
Selling, general & administrative	211.9M	228.9M	223.6M	233.2M	246M	259.2M	238.9M	237.6M	240.8M	248.8M	256.6M	263.3M
Operating expenses	280.5M	301.6M	299.1M	308.5M	322.2M	337.1M	318.4M	312.2M	316.9M	327.2M	343.7M	347.9M
Operating income	154.9M	222.9M	135.3M	155M	161.1M	234.7M	114.8M	164.1M	195.7M	286.5M	138.7M	259.1M
Operating margin	14.6%	17.8%	13.4%	14.2%	14.4%	17.5%	11.4%	14.3%	16.5%	20.2%	12.8%	21.1%
Non-operating income, net	744K	-650K	-7.6M	-3.4M	304K	-1.6M	-9M	-880K	-4.5M	1.7M	-3.1M	2.4M
Pretax income	167.5M	235.1M	143.8M	167.4M	176.1M	245.2M	118.2M	174.5M	203.1M	299.1M	149.8M	275.6M
Income tax	30.3M	-9.6M	-23.8M	25.6M	30.6M	45.1M	-25.9M	28.5M	32.4M	48.1M	6.4M	39.9M
Net income	137.1M	244.7M	167.6M	141.8M	145.5M	200.1M	144.1M	146M	170.7M	251M	143.5M	235.7M
Net margin	13%	19.5%	16.6%	13%	13%	14.9%	14.3%	12.7%	14.4%	17.7%	13.2%	19.2%
EBITDA	177.2M	244M	162.2M	178.1M	181.3M	257.8M	144.1M	186.4M	221.4M	305.2M	160M	277.1M
EPS	0.87	1.57	1.09	0.93	0.95	1.33	0.97	0.99	1.16	1.71	0.99	1.64
Diluted EPS	0.86	1.55	1.07	0.92	0.95	1.32	0.96	0.98	1.15	1.69	0.98	1.63

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	5.2B	6B	6.5B	7.2B	17.6B	12.4B	9.4B	14B	12.8B	13.4B	14.4B
Enterprise value	4.6B	5.4B	5.9B	6.5B	15.9B	11.1B	8.3B	12.6B	11.4B	11.7B	12.8B
Shares outstanding	162.1M	164M	165.6M	166.8M	168.5M	167.4M	162.3M	156.8M	151.3M	146.8M	146.8M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	25.1	28.9	25.3	15.9	18.6	19.2	25.8	22.9	20.2	18.8	18.3
P/S	2.32	2.35	2.34	2.41	3.35	2.25	2.08	3.26	2.8	2.76	2.91
P/B	6.03	5.74	5.54	4.81	7.79	5.15	4.17	6.27	6	6.05	6.1
EV/EBITDA	18.9	19.3	16.5	18	12.8	12.1	12.6	17.7	14.9	13.4	13.3
EV/Sales	2.08	2.1	2.12	2.18	3.03	2.02	1.84	2.92	2.49	2.42	2.6
Earnings yield	3.99%	3.46%	3.95%	6.28%	5.38%	5.22%	3.87%	4.37%	4.94%	5.32%	5.46%
FCF yield	4.97%	5.09%	4.13%	5.38%	7.85%	1.69%	4.69%	7.77%	6.16%	7.3%	5.04%
PEG	—	—	—	—	—	—	—	—	—	—	0.28

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	36.9%	35.4%	37.2%	37.7%	44.5%	41.3%	37.9%	41.4%	43.1%	43.2%	49.5%
Operating margin	9.18%	8.76%	9.91%	10.1%	22%	14.3%	11.1%	13.9%	14.6%	16.2%	21.2%
Net margin	9.27%	8.12%	9.24%	15.1%	18%	11.8%	8.03%	14.2%	13.9%	14.7%	16.3%
ROE	24%	19.9%	21.9%	30.2%	41.9%	26.9%	16.1%	27.4%	29.7%	32.2%	35.3%
ROA	13.7%	12%	12.7%	19%	22.9%	16%	10.2%	17%	17.8%	18.5%	14.2%
ROIC	63.3%	49.4%	45.9%	37.4%	174.5%	58.7%	33.5%	74.5%	82.8%	121.1%	110.7%
Return on tangible assets	22.8%	20.5%	23.4%	34.4%	31%	21.7%	14.4%	23.6%	24.6%	24.6%	26%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	2.03	2.04	1.88	1.98	1.88	2.16	2.48	2.42	2.35	2.22	2.31
Quick ratio	1.53	1.59	1.47	1.66	1.49	1.51	1.83	2.03	1.9	1.85	1.95
Debt / equity	—	—	—	0.02	0.02	0.02	0.03	0.03	0.04	0.04	0.04
Debt / assets	—	—	—	0.01	0.01	0.01	0.02	0.02	0.03	0.02	0.02
Net debt / EBITDA	—	—	—	-1.9	-1.38	-1.41	-1.63	-2.04	-1.86	-1.89	-1.73
Effective tax rate	4.24%	10.2%	5%	0%	17.5%	16.9%	21.3%	1.52%	10.7%	14%	13.7%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	13.7	15.6	16.8	17.8	31.2	32.7	28	27.4	30.1	33	33.8
EPS (basic)	1.18	1.27	1.56	2.7	5.62	3.85	2.25	3.9	4.17	4.85	4.85
EPS (diluted)	1.16	1.23	1.52	2.66	5.51	3.78	2.23	3.87	4.13	4.8	5.45
Book value per share	5.28	6.4	7.1	8.93	13.4	14.3	13.9	14.2	14.1	15.1	16.4
FCF per share	1.58	1.87	1.63	2.31	8.2	1.25	2.72	6.95	5.2	6.65	7.01
Cash per share	3.38	3.91	3.65	4.29	10.4	7.94	7.08	9.7	9.93	11.9	12.2
Capex per share	0.2	0.24	0.22	0.23	0.45	0.53	0.57	0.36	0.37	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	1.43%	1.55%	1.29%	1.29%	1.45%	1.63%	2.03%	1.3%	1.23%	—	—
Capex / operating cash flow	13.6%	13.9%	14.6%	7.72%	7.53%	26.7%	14.1%	4.91%	6.68%	—	—
Payout ratio	45.2%	50%	44.2%	27.6%	15.5%	24.7%	43.5%	29.8%	32.9%	32.8%	29%
Dividend yield	1.8%	1.73%	1.75%	1.73%	0.83%	1.29%	1.68%	1.3%	1.63%	1.74%	6.71%

Yield

6.71%

trailing twelve months

Frequency

Annual

Last dividend

$1.6821

ex-dividend Sep 22, 2026

Payout ratio

29%

of earnings

Dividend growth

12 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 22, 2026	$1.6821
Sep 23, 2025	$1.5843
Sep 24, 2024	$1.3687
Sep 25, 2023	$1.1876
Sep 26, 2022	$1.0023
Sep 20, 2021	$0.9484
Sep 18, 2020	$0.8694
Sep 18, 2019	$0.744

Split history

Date	Ratio
Jul 17, 2006

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$1.1B	$1.3B	$1B	$1.1B	$1.1B	$1.3B	$1B	$1.1B	$1.2B	$1.4B	$1.1B	$1.2B
YoY change	-8%	-1.14%	+5.35%	+11.7%	+5.58%	+6.76%	-0.11%	+5.47%	+6.27%	+6.06%	+7.44%	+6.93%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	547.5M	641.9M	604.5M	715.6M	1.8B	1.3B	1.1B	1.5B	1.5B	1.7B
Receivables	185.2M	214.9M	383.3M	394.7M	612.2M	675.6M	630.4M	541.7M	454.5M	505.9M
Inventory	253.4M	259.9M	293.5M	229.2M	661.1M	933.1M	682.9M	422.5M	503.7M	489.9M
Total current assets	1B	1.2B	1.4B	1.4B	3.2B	3.1B	2.6B	2.6B	2.6B	2.9B
Property, plant & equipment	85.4M	86.3M	78.6M	101.7M	145.2M	150.5M	188.8M	177.8M	189.1M	188M
Goodwill & intangibles	594.6M	726M	925.4M	1.1B	1.1B	1.1B	1B	1B	975.7M	955.6M
Total assets	1.5B	1.7B	2B	2.4B	4.1B	4B	3.6B	3.6B	3.5B	3.8B
Accounts payable	274.8M	294M	283.9M	259.1M	823.2M	636.3M	407M	448.6M	414.6M	531M
Short-term debt	—	—	—	10.9M	13.1M	13.7M	12.7M	15.1M	15.8M	17M
Total current liabilities	507.1M	575.7M	717.8M	714.1M	1.7B	1.4B	1.1B	1.1B	1.1B	1.3B
Long-term debt	—	—	—	19.5M	21.3M	28.2M	58.4M	61.9M	76.6M	71.1M
Total liabilities	642.6M	692.6M	847.8M	874.2M	1.9B	1.6B	1.3B	1.4B	1.4B	1.6B
Shareholders' equity	856.1M	1.1B	1.2B	1.5B	2.3B	2.4B	2.3B	2.2B	2.1B	2.2B
Total debt	—	—	—	30.5M	34.4M	41.9M	71M	77M	92.4M	88.2M
Net debt	—	—	—	-685.1M	-1.7B	-1.3B	-1.1B	-1.4B	-1.4B	-1.7B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	1.2B	1.4B	1.5B	1.5B	1.4B	1.5B	1.5B	1.5B	1.4B	1.8B	1.7B	1.7B
Receivables	656.9M	685.8M	541.7M	591.3M	629.3M	648.2M	454.5M	636.5M	703.9M	683.1M	505.9M	668.5M
Inventory	532.9M	447.3M	422.5M	459.6M	520.5M	483.6M	503.7M	499.8M	517.7M	449.5M	489.9M	491.7M
Total current assets	2.5B	2.7B	2.6B	2.7B	2.7B	2.8B	2.6B	2.8B	2.7B	3.1B	2.9B	3.1B
Property, plant & equipment	183.8M	180.9M	177.8M	175.1M	191.4M	186.6M	189.1M	192.8M	195.9M	190.2M	188M	181.8M
Goodwill & intangibles	1B	1B	1B	1B	997M	980.7M	975.7M	972.2M	964.1M	960.9M	955.6M	951.4M
Total assets	3.4B	3.7B	3.6B	3.7B	3.6B	3.7B	3.5B	3.7B	3.7B	4.1B	3.8B	4B
Accounts payable	492.9M	528M	448.6M	554.3M	555.5M	579M	414.6M	549.9M	583.3M	590.4M	531M	585.8M
Short-term debt	14.1M	14.9M	15.1M	15M	16M	16M	15.8M	16.7M	17.5M	17.5M	17M	16M
Total current liabilities	1.1B	1.2B	1.1B	1.1B	1.2B	1.3B	1.1B	1.2B	1.3B	1.4B	1.3B	1.4B
Long-term debt	59.7M	62.8M	61.9M	62.9M	79.1M	78.8M	76.6M	76.9M	77.7M	74.5M	71.1M	68.4M
Total liabilities	1.3B	1.5B	1.4B	1.4B	1.5B	1.6B	1.4B	1.6B	1.6B	1.8B	1.6B	1.7B
Shareholders' equity	2.1B	2.2B	2.2B	2.2B	2.1B	2.1B	2.1B	2.2B	2.1B	2.3B	2.2B	2.4B
Total debt	73.8M	77.7M	77M	77.9M	95.1M	94.9M	92.4M	93.6M	95.3M	92M	88.2M	84.4M
Net debt	-1.1B	-1.3B	-1.4B	-1.5B	-1.3B	-1.4B	-1.4B	-1.4B	-1.3B	-1.7B	-1.7B	-1.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	205.9M	208.5M	257.6M	449.7M	947.3M	644.5M	364.6M	612.1M	631.5M	711.2M
Depreciation & amortization	50.5M	56.9M	67.7M	73.8M	82.6M	118.5M	100.7M	84.7M	79.8M	77.5M
Stock-based compensation	35.9M	44.1M	50.3M	54.9M	86M	93.5M	70.8M	82.9M	89.9M	112.4M
Change in working capital	-48.1M	-26.4M	-117.1M	57M	-142.5M	-547.6M	85.1M	401.4M	-18.2M	56.1M
Operating cash flow	233.7M	285.4M	245.9M	497.8M	1B	333.9M	652.9M	1.1B	839.7M	1B
Capital expenditure	-31.8M	-39.7M	-35.9M	-38.4M	-76.2M	-89.2M	-92.4M	-55.9M	-56.1M	—
Investing cash flow	-99M	-128.7M	-173.3M	-130.2M	-120M	-107.9M	-105.7M	-70.3M	-57.3M	-825K
Dividends paid	-93.1M	-104.2M	-114M	-124.2M	-146.7M	-159.4M	-158.7M	-182.3M	-207.9M	-233.1M
Share repurchases	-83.8M	-30.7M	-32.4M	-50.4M	-165M	-412M	-418.3M	-504.2M	-588.8M	-534.9M
Financing cash flow	-195.3M	-169.8M	-177.2M	-198.9M	-343.7M	-636.5M	-612.1M	-722.4M	-833.8M	-789.4M
Net change in cash	-60.5M	-13.1M	-104.6M	168.7M	548.1M	-410.5M	-65M	346.2M	-51.3M	246.9M
Free cash flow	256.6M	306.5M	269.3M	385.5M	1.4B	209.2M	441.7M	1.1B	786.4M	975.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	137.1M	244.7M	167.6M	141.8M	145.5M	200.1M	144.1M	146M	170.7M	251M	143.5M	235.7M
Depreciation & amortization	22.3M	19.8M	19.3M	19.6M	19.7M	20.2M	20.3M	19.9M	19.9M	19.2M	18.5M	19M
Stock-based compensation	22.1M	20.6M	18.7M	23.4M	26.5M	26.2M	13.8M	32.8M	30.3M	23.4M	25.8M	29.6M
Change in working capital	19.3M	104.2M	86.1M	20.9M	-85.7M	15.6M	31M	-34.3M	-55.4M	84.4M	61.4M	-137M
Operating cash flow	209M	369M	258.6M	217.3M	110.8M	264.4M	247.2M	125M	228.8M	480.5M	202.8M	166.7M
Capital expenditure	-18.5M	-10.9M	-10.3M	-14.6M	-14.5M	-14.2M	-12.8M	—	—	—	—	—
Investing cash flow	-31.9M	-10.7M	-10.5M	-15.4M	-16M	-14M	-11.9M	-1.8M	363K	426K	210K	-349K
Dividends paid	—	0	0	—	—	0	0	—	—	0	0	—
Share repurchases	-93.9M	-187.8M	-127.4M	-130.9M	-132.3M	-200.1M	-125.5M	-121.7M	-106.6M	-27.1M	-279.6M	-113.6M
Financing cash flow	-102M	-190.2M	-128.6M	-149.8M	-137.6M	-201.1M	-137.4M	-137.7M	-108.8M	-28.3M	-281.6M	-149.3M
Net change in cash	75M	168.1M	119.5M	52.2M	-42.7M	49.2M	97.8M	-14.5M	120.4M	452.6M	-78.6M	17.1M
Free cash flow	204.8M	432.1M	228.8M	161.4M	151.5M	356.6M	116.9M	108.8M	212.3M	465.6M	189M	149.9M

Logitech International S.A. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement