Earnings ·
Logitech reports Q2 FY27 net income of $180M, EPS of $1.25 on $1.22B in sales
LOGILogitech International S.A.
Logitech International S.A. reported preliminary financial results for the second quarter of Fiscal Year 2027 ended September 30, 2026. Net sales reached $1.22 billion, a 3 percent increase in US dollars compared to the prior year period. GAAP net income was $180 million, or $1.25 per diluted share, up 9 percent from the previous year. Non-GAAP operating income rose 0.4 percent to $231 million, while gross margin expanded to 44.9 percent on a GAAP basis. The company returned $406 million to shareholders through dividends and share repurchases during the quarter. Logitech provided Q3 FY27 sales guidance of $1.36 billion to $1.43 billion, citing an estimated negative impact of $70 million to $80 million from a semiconductor supplier incident. The company operates in the technology sector, designing hardware solutions for work and gaming.