Earnings Releases·Oct 27, 2026, 4:07 PM ET

Logitech — Q2 Fiscal Year 2027 Earnings Summary

Net sales rose 3% year-over-year to $1.22 billion, driven by growth in Gaming (+8%), Video Collaboration (+12%), and Pointing Devices (+4%), while GAAP EPS increased 9% to $1.25 and gross margins expanded 150 basis points to 44.9%.
The company returned $406 million to shareholders via dividends and share repurchases, with cash flow from operations at $164 million and a quarter-ending cash balance of $1.51 billion.
Q3 FY27 net sales guidance is lowered to $1.36–$1.43 billion (a 4% to 1% year-over-year decline), reflecting an estimated $70–$80 million negative impact from a semiconductor supplier incident, though full production is expected by year-end.
Management highlighted strong operational discipline and margin expansion, with Non-GAAP operating income for Q3 projected between $220 million and $255 million.