earnings
confidence high
sentiment positive
materiality 0.70
Logitech Q1 FY26 sales $1.15B, +5% YoY; GAAP EPS $0.98, +7%; guides Q2 sales +3-7%
LOGITECH INTERNATIONAL S.A.
2026-Q1 EPS reported
$0.98
revenue$1,147,703,000
- GAAP EPS $0.98 (up 7% YoY); Non-GAAP EPS $1.26 (up 12% YoY).
- Non-GAAP operating income $202M, up 11% YoY; non-GAAP gross margin 42.1%, down 120 bps.
- Cash flow from operations $125M; quarter-end cash $1.5B; $122M returned via share repurchases.
- Q2 FY26 outlook: sales $1,145-$1,190M (3%-7% YoY growth); non-GAAP OI $180-$200M.
- Growth driven by all key categories, B2B and consumer channels, with strong APAC performance.