Filing Flows › Logitech International S.A. (LOGI) › Q1 FY27
Logitech International S.A. (LOGI) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jul 29, 2026
Logitech International S.A. (LOGI) reported revenue of $1.2B for the first quarter fiscal 2027 (Q1 FY27), +7% from a year earlier and +13% from the quarter before. Operating margin was 21.1%, net earnings $236M (19.2% of revenue).
Logitech International S.A., Q1 FY27: revenue $1.2B (+7% year over year), operating margin 21.1%, net earnings $236M, operating cash flow $167M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +13% | +7% |
| Gross profit | $608M | +26% | +27% |
| Operating profit | $259M | +90% | +60% |
| Net earnings | $236M | +64% | +61% |
| Operating cash flow | $167M | -18% | +33% |
| Free cash flow | $150M | -21% | +38% |
What changed
Revenue was $1.2B in Q1 FY27, up 7% year over year and up 13% from the previous quarter. Gaming was the largest line at 29% of revenue. Gaming added $0.04B year over year (up 12%), 48% of the total change. Other declined 12%.
Gross margin was 49.5%, up 7.8 points from Q1 FY26. Operating profit was $0.26B, a 21.1% margin (up 6.9 points year over year). Of the extra revenue versus Q1 FY26, 121% reached operating profit, above the 14% margin then. Operating expenses grew 10% against revenue growth of 7%. The fastest-growing cost line was Research & development (+13%). Net earnings were $0.24B, up 61% year over year. The effective tax rate was 14.5%.
Operating cash flow was $0.17B (up 33% year over year), 71% 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 $0.12B. Capital expenditures of $0.02B left free cash flow of $0.15B.
Questions
What was Logitech International S.A.'s revenue in the first quarter fiscal 2027?
Logitech International S.A.
Was Logitech International S.A. profitable in the first quarter fiscal 2027?
Operating profit was $259M (21.1% of revenue) and net earnings $236M.