LOGITECH INTERNATIONAL S.A. LOGI
Founded in 1981, and headquartered in Lausanne, Switzerland, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Logitech's website address is www.logitech.com.
Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating and gaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. We sell the vast majority of our products under the Logitech and Logitech G brand names.
Our diverse, innovative portfolio includes the following product categories: Gaming, Keyboards & Combos, Pointing Devices, Video Collaboration, Webcams, Tablet Accessories, and Headsets. These products are all classified under a single operating segment: Peripherals (see Note 15 to our consolidated financial statements). They are compatible with many cloud or cloud-based services: video conferencing platforms (e.g. Zoom, Microsoft Teams, Google Meet); esports or video games (e.g. League of Legends, Call of Duty, Gran Turismo); music streaming platforms (e.g. Spotify, Apple Music); content streaming platforms (e.g. Twitch, YouTube); and creativity and productivity platforms (e.g. Google Workplace, Adobe Creative Cloud). Our products are also enhanced through software, including machine learning and artificial intelligence ("AI"). We may launch adjacent new categories in the future.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- Americas
- Emea
- Asia Pacific
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Americas | $1.96B | $1.97B | $1.90B |
| Emea | $1.54B | $1.41B | $1.30B |
| Asia Pacific | $1.35B | $1.17B | $1.10B |
As the company reported it, from the “Segment Information - Schedule of Net Sales and Long-Lived Assets by Geographic Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.84B | $4.55B | $4.30B | $4.54B | $5.48B | $5.25B | $2.98B | $2.79B | $2.57B | $2.22B |
| Cost of revenue | — | — | — | — | — | — | — | — | — | $1.40B |
| Gross profit | $2.09B | $1.96B | $1.78B | $1.72B | $2.26B | $2.34B | $1.12B | $1.04B | $909.2M | $820.0M |
| R&D | $316.2M | $309.0M | $287.2M | $280.8M | $291.8M | $226.0M | $177.6M | $161.2M | $143.8M | $130.5M |
| SG&A | $167.2M | $164.0M | $155.1M | $124.7M | $148.6M | $166.6M | $94.0M | $98.7M | $96.4M | $100.3M |
| Total operating expenses | $1.32B | $1.31B | $1.19B | $1.26B | $1.49B | $1.19B | $845.9M | $773.8M | $679.5M | $608.2M |
| Operating income | $775.2M | $654.9M | $587.3M | $458.5M | $774.0M | $1.15B | $276.5M | $263.2M | $229.7M | $211.9M |
| Pre-tax income | $826.5M | $706.9M | $621.6M | $463.5M | $775.8M | $1.15B | $324.3M | $271.1M | $232.3M | $215.0M |
| Income tax | $115.3M | $75.3M | $9.5M | $98.9M | $131.3M | $200.9M | $125.4M | $13.6M | $23.7M | $9.1M |
| Net income | $711.2M | $631.5M | $612.1M | $364.6M | $644.5M | $947.3M | — | — | — | — |
| EPS, basic | 4.85 | 4.17 | 3.90 | 2.25 | 3.85 | 5.62 | 2.70 | 1.56 | 1.27 | 1.27 |
| EPS, diluted | 4.80 | 4.13 | 3.87 | 2.23 | 3.78 | 5.51 | 2.66 | 1.52 | 1.23 | 1.24 |
| Shares, diluted (wtd. avg.) | 148.2M | 152.8M | 158.2M | 163.7M | 170.4M | 171.8M | 169.4M | 169.0M | 169.0M | 165.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.74B | $1.50B | $1.52B | $1.15B | $1.33B | $1.75B | $715.6M | $604.5M | $641.9M | $547.5M |
| Receivables | $505.9M | $454.5M | $541.7M | $630.4M | $675.6M | $612.2M | $394.7M | $383.3M | $320.7M | $185.2M |
| Inventory | $489.9M | $503.7M | $422.5M | $682.9M | $933.1M | $661.1M | $229.2M | $293.5M | $259.9M | $253.4M |
| Total current assets | $2.92B | $2.59B | $2.63B | $2.61B | $3.07B | $3.16B | $1.41B | $1.35B | $1.17B | $1.03B |
| Property, plant and equipment | $116.5M | $113.9M | $116.6M | $121.5M | $109.8M | $114.1M | $76.1M | $78.6M | $86.3M | $85.4M |
| Goodwill | $465.4M | $463.2M | $462.0M | $454.6M | $448.2M | $429.6M | $400.9M | $343.7M | $275.5M | $249.7M |
| Other intangibles | $12.4M | $24.6M | $44.6M | $63.2M | $83.8M | $115.1M | $126.9M | $119.0M | $87.5M | $47.6M |
| Total assets | $3.85B | $3.54B | $3.60B | $3.56B | $4.04B | $4.14B | $2.36B | $2.02B | $1.74B | $1.50B |
| Accounts payable | $531.0M | $414.6M | $448.6M | $407.0M | $636.3M | $823.2M | $259.1M | $283.9M | $294.0M | $274.8M |
| Total current liabilities | $1.31B | $1.10B | $1.09B | $1.05B | $1.42B | $1.68B | $714.1M | $717.8M | $575.7M | $507.1M |
| Total liabilities | $1.64B | $1.41B | $1.37B | $1.30B | $1.64B | $1.88B | $874.2M | $847.8M | $692.6M | $642.6M |
| Retained earnings | $3.38B | $3.63B | $3.60B | $3.18B | $2.98B | $2.49B | $1.69B | $1.37B | $1.22B | $1.07B |
| Total equity | $2.21B | $2.13B | $2.23B | $2.26B | $2.40B | $2.26B | $1.49B | $1.18B | $1.05B | $856.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.04B | $842.6M | $1.15B | $534.0M | $298.3M | $1.46B | $425.0M | $305.2M | $346.3M | $288.4M |
| Depreciation and amortisation | $64.1M | $59.7M | $63.1M | $76.3M | $88.4M | $50.8M | $42.9M | $43.5M | $41.3M | $41.1M |
| Stock-based compensation | $112.4M | $89.9M | $82.9M | $70.8M | $93.5M | $86.0M | $54.9M | $50.3M | $44.1M | $35.9M |
| Capital expenditure | $61.6M | $56.1M | $55.9M | $92.4M | $89.2M | $76.2M | $39.5M | $35.9M | $39.7M | $31.8M |
| Investing cash flow | -$62.4M | -$57.3M | -$70.3M | -$105.7M | -$107.9M | -$120.0M | -$130.2M | -$173.3M | -$128.7M | -$99.7M |
| Financing cash flow | -$751.1M | -$797.4M | -$690.2M | -$583.4M | -$606.8M | -$299.9M | -$176.7M | -$159.1M | -$127.9M | -$155.7M |
| Buybacks | $534.9M | $588.8M | $504.2M | $418.3M | $412.0M | $165.0M | $50.4M | $32.4M | $30.7M | $83.8M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001032975-26-000021.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.22B | $2.57B | $2.79B | $2.98B | $5.25B | $5.48B | $4.54B | $4.30B | $4.55B | $4.84B |
| Gross profit | $820.0M | $909.2M | $1.04B | $1.12B | $2.34B | $2.26B | $1.72B | $1.78B | $1.96B | $2.09B |
| Net income | — | — | — | — | $947.3M | $644.5M | $364.6M | $612.1M | $631.5M | $711.2M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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