Logitech International
LOGI · NasdaqComputer Peripheral Equipment, NEC · Fiscal year ends Mar 31
Logitech International reported revenue of $4.8B in the fiscal year ended Mar 2026, up 6.3% from the year before. Operating income was $775M, an operating margin of 16.0%, and net income was $711M. Operating cash flow of $1B less capital expenditure of $62M left free cash flow of $976M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | $5.5B | $4.5B | $4.3B | $4.6B | $4.8B |
| Gross profit | $2.3B | $1.7B | $1.8B | $2B | $2.1B |
| Research & development | $292M | $281M | $287M | $309M | $316M |
| Operating income | $774M | $458M | $587M | $655M | $775M |
| Pre-tax income | $776M | $464M | $622M | $707M | $827M |
| Income tax | $131M | $99M | $9M | $75M | $115M |
| Net income | $645M | $365M | $612M | $632M | $711M |
| Diluted EPS | 3.78 | 2.23 | 3.87 | 4.13 | 4.80 |
| Diluted shares | 170M | 164M | 158M | 153M | 148M |
Balance sheet
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | $1.3B | $1.1B | $1.5B | $1.5B | $1.7B |
| Receivables | $676M | $630M | $542M | $455M | $506M |
| Inventory | $933M | $683M | $423M | $504M | $490M |
| Current assets | $3.1B | $2.6B | $2.6B | $2.6B | $2.9B |
| Net PP&E | $110M | $122M | $117M | $114M | $116M |
| Goodwill | $448M | $455M | $462M | $463M | $465M |
| Total assets | $4B | $3.6B | $3.6B | $3.5B | $3.8B |
| Payables | $636M | $407M | $449M | $415M | $531M |
| Deferred revenue | – | $11M | $19M | $26M | $39M |
| Current liabilities | $1.4B | $1.1B | $1.1B | $1.1B | $1.3B |
| Total liabilities | $1.6B | $1.3B | $1.4B | $1.4B | $1.6B |
| Shareholders' equity | $2.4B | $2.3B | $2.2B | $2.1B | $2.2B |
Cash flow
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating cash flow | $298M | $534M | $1.1B | $843M | $1B |
| Capital expenditure | $89M | $92M | $56M | $56M | $62M |
| Free cash flow | $209M | $442M | $1.1B | $786M | $976M |
| Depreciation & amortisation | $88M | $76M | $63M | $60M | $64M |
| Stock-based compensation | $93M | $71M | $83M | $90M | $112M |
| Acquisitions | $16M | $9M | $14M | $0 | $0 |
| Share buybacks | $412M | $418M | $504M | $589M | $535M |
| Dividend per share | 0.95 | 1.00 | 1.19 | 1.37 | 1.58 |
Key ratios
| Fiscal year | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | −17.2% | −5.3% | 6.0% | 6.3% |
| Operating income growth (YoY) | – | −40.8% | 28.1% | 11.5% | 18.4% |
| EPS growth (YoY) | – | −41.0% | 73.5% | 6.7% | 16.2% |
| Gross margin | 41.3% | 37.9% | 41.4% | 43.1% | 43.2% |
| Operating margin | 14.1% | 10.1% | 13.7% | 14.4% | 16.0% |
| Net margin | 11.8% | 8.0% | 14.2% | 13.9% | 14.7% |
| Return on equityBlank when equity is negative | 26.9% | 16.1% | 27.4% | 29.7% | 32.2% |
| ROCEEBIT ÷ (assets − current liabilities) | 29.6% | 18.3% | 23.3% | 26.9% | 30.6% |
| Free cash flow margin | 3.8% | 9.7% | 25.3% | 17.3% | 20.2% |
| Cash conversion (CFO ÷ net income) | 0.46x | 1.46x | 1.87x | 1.33x | 1.46x |
| Receivable days | 45 | 51 | 46 | 36 | 38 |
| Inventory days | 106 | 88 | 61 | 71 | 65 |
| Payable days | 72 | 53 | 65 | 58 | 70 |
| Current ratio | 2.16x | 2.48x | 2.42x | 2.35x | 2.22x |
Recent filings
More in Computer Peripheral Equipment, Nec
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.