NASDAQ : LOGI
Logitech International S.A. — Financial statements
Technology · Computer Hardware · Switzerland
Last price 98.96 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 13.59B
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Financial statements
Logitech International S.A. (LOGI) reported revenue of 4.95B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 4.95B | 4.84B | 4.55B | 4.30B | 4.54B | 5.48B |
| Cost of Revenue | 2.70B | 2.74B | 2.58B | 2.51B | 2.81B | 3.20B |
| Gross Profit | 2.26B | 2.10B | 1.97B | 1.79B | 1.73B | 2.28B |
| Selling, General & Admin | 1.03B | 979.80M | 974.81M | 882.50M | 924.42M | 1.17B |
| Research & Development | 332.87M | 316.22M | 309.01M | 287.24M | 280.80M | 291.84M |
| Amortization of Goodwill & Intangibles | 7.62M | 13.31M | 20.10M | 21.68M | 24.41M | 30.97M |
| Operating Expenses | 1.37B | 1.31B | 1.30B | 1.19B | 1.23B | 1.49B |
| Operating Income | 890.91M | 789.02M | 668.24M | 597.62M | 502.76M | 784.30M |
| Interest & Investment Income | 51.73M | 48.25M | 55.00M | 50.64M | 18.33M | 1.25M |
| Currency Exchange Gain (Loss) | -241.00K | -3.73M | -6.40M | -8.77M | -7.34M | -4.60M |
| Other Non Operating Income (Expenses) | 2.88M | 3.46M | 1.84M | 4.21M | -1.28M | 2.21M |
| EBT Excluding Unusual Items | 945.27M | 836.99M | 718.67M | 643.69M | 512.47M | 783.16M |
| Merger & Restructuring Charges | -4.25M | -9.86M | -9.77M | -4.15M | -34.87M | -2.17M |
| Gain (Loss) on Sale of Investments | 2.04M | -612.00K | -2.03M | -14.67M | -14.07M | -1.68M |
| Asset Writedown | -3.53M | -7.00M | ||||
| Other Unusual Items | 250.00K | 3.51M | ||||
| Pretax Income | 943.05M | 826.52M | 706.87M | 621.60M | 463.52M | 775.82M |
| Income Tax Expense | 132.82M | 115.33M | 75.34M | 9.45M | 98.95M | 131.31M |
| Earnings From Continuing Operations | 810.23M | 711.19M | 631.53M | 612.14M | 364.57M | 644.51M |
| Net Income | 810.23M | 711.19M | 631.53M | 612.14M | 364.57M | 644.51M |
| Net Income to Common | 810.23M | 711.19M | 631.53M | 612.14M | 364.57M | 644.51M |
| Shares Outstanding (Basic) | 144.64M | 146.78M | 151.32M | 156.78M | 162.30M | 167.45M |
| Shares Outstanding (Diluted) | 146.04M | 148.21M | 152.78M | 158.17M | 163.70M | 170.41M |
| EPS (Basic) | 5.60 | 4.85 | 4.17 | 3.90 | 2.25 | 3.85 |
| EPS (Diluted) | 5.55 | 4.80 | 4.13 | 3.87 | 2.23 | 3.78 |
| Free Cash Flow | 953.35M | 975.64M | 786.43M | 1.09B | 441.66M | 209.17M |
| Free Cash Flow Per Share | 6.53 | 6.58 | 5.15 | 6.89 | 2.70 | 1.23 |
| Dividend Per Share | 1.70 | 1.70 | 1.43 | 1.29 | 1.16 | 0.98 |
| Gross Margin | 45.56% | 43.35% | 43.30% | 41.62% | 38.17% | 41.54% |
| Operating Margin | 17.99% | 16.30% | 14.67% | 13.90% | 11.08% | 14.31% |
| Profit Margin | 16.36% | 14.69% | 13.87% | 14.24% | 8.03% | 11.76% |
| Free Cash Flow Margin | 19.25% | 20.16% | 17.27% | 25.34% | 9.73% | 3.82% |
| EBITDA | 964.72M | 866.48M | 748.00M | 682.37M | 603.47M | 902.84M |
| EBITDA Margin | 19.48% | 17.90% | 16.42% | 15.88% | 13.30% | 16.47% |
| D&A For EBITDA | 73.81M | 77.45M | 79.76M | 84.75M | 100.72M | 118.54M |
| EBIT | 890.91M | 789.02M | 668.24M | 597.62M | 502.76M | 784.30M |
| EBIT Margin | 17.99% | 16.30% | 14.67% | 13.90% | 11.08% | 14.31% |
| Effective Tax Rate | 14.08% | 13.95% | 10.66% | 1.52% | 21.35% | 16.93% |
| Advertising Expenses | 410.90M | 355.10M | 325.30M | 383.70M | 584.40M |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.51B | 1.74B | 1.50B | 1.52B | 1.15B | 1.33B |
| Cash & Short-Term Investments | 1.51B | 1.74B | 1.50B | 1.52B | 1.15B | 1.33B |
| Accounts Receivable | 750.69M | 505.87M | 454.55M | 541.72M | 630.38M | 675.60M |
| Other Receivables | 38.32M | 58.60M | 46.33M | 41.17M | 60.34M | 58.85M |
| Receivables | 789.01M | 564.47M | 500.88M | 582.89M | 690.73M | 734.45M |
| Inventory | 556.79M | 489.95M | 503.75M | 422.51M | 682.89M | 933.12M |
| Prepaid Expenses | 132.50M | 119.30M | 84.88M | 104.19M | 82.43M | 75.11M |
| Other Current Assets | 913.00K | 107.00K | 1.52M | |||
| Total Current Assets | 2.99B | 2.92B | 2.59B | 2.63B | 2.61B | 3.07B |
| Property, Plant & Equipment | 199.45M | 187.99M | 189.10M | 177.75M | 188.83M | 150.47M |
| Long-Term Investments | 36.32M | 28.87M | 27.98M | 28.66M | 33.32M | 43.07M |
| Goodwill | 464.44M | 465.42M | 463.23M | 461.98M | 454.61M | 448.18M |
| Other Intangible Assets | 9.27M | 12.39M | 24.63M | 44.60M | 63.17M | 83.78M |
| Long-Term Deferred Tax Assets | 173.06M | 192.08M | 202.18M | 224.83M | 171.99M | 193.63M |
| Other Long-Term Assets | 51.39M | 46.59M | 38.68M | 35.54M | 43.65M | 43.36M |
| Total Assets | 3.92B | 3.85B | 3.54B | 3.60B | 3.56B | 4.04B |
| Accounts Payable | 639.98M | 530.98M | 414.59M | 448.63M | 406.97M | 636.31M |
| Accrued Expenses | 405.10M | 413.61M | 383.81M | 344.10M | 343.47M | 437.08M |
| Current Portion of Leases | 17.46M | 17.04M | 15.78M | 15.11M | 12.65M | 13.69M |
| Current Income Taxes Payable | 32.62M | 37.84M | 26.84M | 24.20M | 18.79M | 35.35M |
| Current Unearned Revenue | 42.12M | 38.65M | 25.80M | 19.26M | 11.02M | |
| Other Current Liabilities | 265.83M | 274.84M | 234.27M | 234.60M | 257.21M | 298.72M |
| Total Current Liabilities | 1.40B | 1.31B | 1.10B | 1.09B | 1.05B | 1.42B |
| Long-Term Leases | 84.99M | 71.11M | 76.62M | 61.92M | 58.36M | 28.21M |
| Long-Term Unearned Revenue | 58.38M | 53.62M | 38.22M | 21.10M | 8.28M | |
| Pension & Post-Retirement Benefits | 58.15M | 61.07M | 57.34M | 42.71M | 32.42M | 50.74M |
| Long-Term Deferred Tax Liabilities | 705.00K | 2.80M | 1.96M | |||
| Other Long-Term Liabilities | 152.00M | 138.42M | 137.82M | 158.73M | 151.22M | 134.60M |
| Total Liabilities | 1.76B | 1.64B | 1.41B | 1.37B | 1.30B | 1.64B |
| Common Stock | 28.00M | 28.00M | 29.43M | 30.15M | 30.15M | 30.15M |
| Additional Paid-In Capital | 86.56M | 123.39M | 82.59M | 63.52M | 127.38M | 129.93M |
| Retained Earnings | 3.54B | 3.38B | 3.63B | 3.60B | 3.18B | 2.98B |
| Treasury Stock | -1.37B | -1.21B | -1.46B | -1.35B | -977.27M | -632.89M |
| Comprehensive Income & Other | -115.75M | -113.82M | -146.95M | -111.20M | -100.28M | -104.12M |
| Shareholders' Equity | 2.16B | 2.21B | 2.13B | 2.23B | 2.26B | 2.40B |
| Total Liabilities & Equity | 3.92B | 3.85B | 3.54B | 3.60B | 3.56B | 4.04B |
| Total Debt | 102.45M | 88.16M | 92.40M | 77.03M | 71.02M | 41.90M |
| Net Cash (Debt) | 1.41B | 1.65B | 1.41B | 1.44B | 1.08B | 1.29B |
| Net Cash Per Share | 9.62 | 11.16 | 9.23 | 9.13 | 6.59 | 7.55 |
| Filing Date Shares Outstanding | 141.82M | 143.54M | 147.92M | 153.44M | 158.74M | 164.68M |
| Total Common Shares Outstanding | 142.20M | 143.50M | 148.51M | 153.86M | 159.34M | 165.25M |
| Working Capital | 1.58B | 1.60B | 1.49B | 1.55B | 1.56B | 1.65B |
| Book Value Per Share | 15.21 | 15.41 | 14.33 | 14.52 | 14.17 | 14.52 |
| Tangible Book Value | 1.69B | 1.73B | 1.64B | 1.73B | 1.74B | 1.87B |
| Tangible Book Value Per Share | 11.88 | 12.08 | 11.04 | 11.22 | 10.92 | 11.30 |
| Land | 2.71M | 2.65M | 2.71M | 2.79M | 2.90M | |
| Machinery | 472.00M | 438.93M | 407.83M | 410.05M | 368.20M | |
| Construction In Progress | 8.75M | 6.34M | 7.18M | 26.40M | 15.91M |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 810.23M | 711.19M | 631.53M | 612.14M | 364.57M | 644.51M |
| Depreciation & Amortization | 73.81M | 77.45M | 79.76M | 84.75M | 100.72M | 118.54M |
| Asset Writedown & Restructuring Costs | 3.53M | 7.00M | ||||
| Loss (Gain) From Sale of Investments | -2.04M | 612.00K | 2.03M | 14.67M | 14.07M | 1.68M |
| Stock-Based Compensation | 107.43M | 112.39M | 89.91M | 82.89M | 70.78M | 93.48M |
| Other Operating Activities | 22.00M | 29.85M | 56.66M | -42.30M | 27.49M | 24.96M |
| Change in Accounts Receivable | -52.32M | -39.44M | 69.98M | 91.52M | 51.19M | -71.51M |
| Change in Inventory | -40.58M | 22.88M | -80.50M | 259.80M | 247.31M | -276.64M |
| Change in Accounts Payable | 54.08M | 109.17M | -31.63M | 39.34M | -219.05M | -181.30M |
| Change in Other Net Operating Assets | 40.97M | 13.09M | 24.81M | -1.22M | -123.07M | -62.41M |
| Operating Cash Flow | 1.01B | 1.04B | 842.56M | 1.15B | 534.01M | 298.32M |
| Capital Expenditures | -60.24M | -61.56M | -56.13M | -55.90M | -92.35M | -89.15M |
| Cash Acquisitions | -14.42M | -8.53M | -16.24M | |||
| Investment in Securities | -3.20M | |||||
| Other Investing Activities | -4.32M | -825.00K | -1.14M | -14.00K | -4.85M | 728.00K |
| Investing Cash Flow | -64.57M | -62.39M | -57.27M | -70.33M | -105.73M | -107.86M |
| Issuance of Common Stock | 48.65M | 38.32M | 36.41M | 32.20M | 28.79M | 29.65M |
| Repurchase of Common Stock | -632.06M | -556.38M | -621.32M | -533.95M | -447.51M | -476.18M |
| Common Dividends Paid | -235.34M | -233.06M | -207.85M | -182.31M | -158.68M | -159.41M |
| Other Financing Activities | -4.59M | -6.12M | -5.95M | -880.00K | ||
| Financing Cash Flow | -818.75M | -751.12M | -797.36M | -690.17M | -583.35M | -606.82M |
| Foreign Exchange Rate Adjustments | 1.56M | 14.64M | -5.57M | -12.79M | -24.62M | -5.25M |
| Net Cash Flow | 131.84M | 238.34M | -17.64M | 371.82M | -179.69M | -421.61M |
| Free Cash Flow | 953.35M | 975.64M | 786.43M | 1.09B | 441.66M | 209.17M |
| Free Cash Flow Margin | 19.25% | 20.16% | 17.27% | 25.34% | 9.73% | 3.82% |
| Free Cash Flow Per Share | 6.53 | 6.58 | 5.15 | 6.89 | 2.70 | 1.23 |
| Levered Free Cash Flow | 695.29M | 747.84M | 566.71M | 864.23M | 311.41M | 16.56M |
| Unlevered Free Cash Flow | 695.29M | 747.84M | 566.71M | 864.23M | 311.41M | 16.56M |
| Cash Income Tax Paid | 98.70M | 86.35M | 67.48M | 50.85M | 71.95M | 192.90M |
| Change in Working Capital | 2.15M | 105.71M | -17.34M | 389.43M | -43.63M | -591.86M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 13.18B | 13.22B | 12.48B | 13.86B | 9.33B | 12.49B |
| Enterprise Value | 11.75B | 11.52B | 11.03B | 12.61B | 8.35B | 11.18B |
| Last Close Price | 89.66 | 81.90 | 85.34 | 54.51 | 67.77 | |
| PE Ratio | 16.71 | 18.59 | 19.76 | 22.64 | 25.58 | 19.38 |
| PS Ratio | 2.66 | 2.73 | 2.74 | 3.23 | 2.06 | 2.28 |
| PB Ratio | 6.09 | 5.98 | 5.87 | 6.21 | 4.13 | 5.21 |
| P/TBV Ratio | 7.80 | 7.63 | 7.61 | 8.03 | 5.36 | 6.69 |
| P/FCF Ratio | 13.83 | 13.55 | 15.87 | 12.73 | 21.12 | 59.72 |
| P/OCF Ratio | 13.01 | 12.75 | 14.81 | 12.10 | 17.47 | 41.87 |
| EV/Sales Ratio | 2.37 | 2.38 | 2.42 | 2.94 | 1.84 | 2.04 |
| EV/EBITDA Ratio | 12.18 | 13.29 | 14.75 | 18.49 | 13.84 | 12.38 |
| EV/EBIT Ratio | 13.19 | 14.60 | 16.51 | 21.11 | 16.61 | 14.26 |
| EV/FCF Ratio | 12.33 | 11.80 | 14.03 | 11.58 | 18.91 | 53.46 |
| Debt / Equity Ratio | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 |
| Debt / EBITDA Ratio | 0.10 | 0.10 | 0.12 | 0.11 | 0.11 | 0.05 |
| Debt / FCF Ratio | 0.11 | 0.09 | 0.12 | 0.07 | 0.16 | 0.20 |
| Net Debt / Equity Ratio | -0.65 | -0.75 | -0.66 | -0.65 | -0.48 | -0.54 |
| Net Debt / EBITDA Ratio | -1.46 | -1.91 | -1.89 | -2.12 | -1.79 | -1.43 |
| Net Debt / FCF Ratio | -1.47 | -1.70 | -1.79 | -1.33 | -2.44 | -6.15 |
| Asset Turnover | 1.30 | 1.31 | 1.27 | 1.20 | 1.20 | 1.34 |
| Inventory Turnover | 5.02 | 5.52 | 5.58 | 4.54 | 3.47 | 4.02 |
| Quick Ratio | 1.64 | 1.76 | 1.82 | 1.94 | 1.75 | 1.45 |
| Current Ratio | 2.13 | 2.22 | 2.35 | 2.42 | 2.48 | 2.16 |
| Return on Equity (ROE) | 38.16% | 32.78% | 28.96% | 27.26% | 15.66% | 27.66% |
| Return on Assets (ROA) | 14.60% | 13.35% | 11.69% | 10.42% | 8.27% | 11.99% |
| Return on Invested Capital (ROIC) | 105.98% | 106.53% | 79.26% | 59.77% | 34.51% | 78.61% |
| Return on Capital Employed (ROCE) | 35.40% | 31.10% | 27.40% | 23.70% | 20.00% | 30.00% |
| Earnings Yield | 5.99% | 5.38% | 5.06% | 4.42% | 3.91% | 5.16% |
| FCF Yield | 7.23% | 7.38% | 6.30% | 7.86% | 4.74% | 1.68% |
| Dividend Yield | 1.78% | 1.84% | 1.70% | 1.43% | 1.98% | 1.30% |
| Payout Ratio | 29.89% | 32.77% | 32.91% | 29.78% | 43.53% | 24.73% |
| Buyback Yield / Dilution | 2.63% | 3.00% | 3.41% | 3.38% | 3.94% | 0.79% |
| Total Shareholder Return | 4.41% | 4.83% | 5.10% | 4.81% | 5.92% | 2.09% |