Earnings ·
Logitech International S.A. reported financial results for the first quarter of Fiscal Year 2027, ending June 30, 2026
LOGILogitech International S.A.
Logitech International S.A. reported financial results for the first quarter of Fiscal Year 2027, ending June 30, 2026. Sales reached $1.23 billion, a 7% increase in US dollars, driven by double-digit growth in Pointing Devices and Gaming. GAAP diluted earnings per share rose 66% to $1.63, while non-GAAP diluted EPS increased 47% to $1.85. The company returned $114 million to shareholders via share repurchases and holds $1.75 billion in cash. Logitech provided Q2 FY27 sales guidance of $1.185–$1.220 billion and non-GAAP operating income of $185–$210 million. Management highlighted a supply chain headwind from a semiconductor supplier incident, estimating up to $200 million in net sales impact for Q3. Logitech designs software-enabled hardware solutions for work, creation, and gaming.