Filing Flows › Logitech International S.A. (LOGI) › Q1 FY26
Logitech International S.A. (LOGI) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jul 30, 2025
Logitech International S.A. (LOGI) reported revenue of $1.1B for the first quarter fiscal 2026 (Q1 FY26), +5% from a year earlier and +14% from the quarter before. Operating margin was 14.1%, net earnings $146M (12.7% of revenue).
Logitech International S.A., Q1 FY26: revenue $1.1B (+6% year over year), operating margin 14.1%, net earnings $146M, operating cash flow $125M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +14% | +5% |
| Gross profit | $479M | +10% | +3% |
| Operating profit | $162M | +53% | +6% |
| Net earnings | $146M | +1% | +3% |
| Operating cash flow | $125M | -4% | -29% |
| Free cash flow | $109M | -7% | -33% |
What changed
Revenue was $1.1B in Q1 FY26, up 5% year over year and up 14% from the previous quarter. Gaming was the largest line at 28% of revenue. Video Collaboration added $0.02B year over year (up 13%), 33% of the total change. Other declined 16%.
Gross margin was 41.7%, down 1.1 points from a year earlier. Operating profit was $0.16B, a 14.1% margin (unchanged year over year). Of the extra revenue versus a year earlier, 14% reached operating profit, above the 14% margin then. Operating expenses grew 1% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+52%). Net earnings were $0.15B, up 3% year over year. The effective tax rate was 16.3%.
Operating cash flow was $0.13B (down 29% year over year), 86% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.07B. Capital expenditures of $0.02B left free cash flow of $0.11B.
Questions
What was Logitech International S.A.'s revenue in the first quarter fiscal 2026?
Logitech International S.A.
Was Logitech International S.A. profitable in the first quarter fiscal 2026?
Operating profit was $162M (14.1% of revenue) and net earnings $146M.