Logitech International S.A. Q3 Earnings: Revenue in Line, EPS Crushes Expectations, Analysts Raise Forecast

Logitech International's Q1 report saw revenues of $1.1b, in line with expectations, and statutory EPS of $0.98, a 24% beat. Analysts now expect revenues of $4.75b in 2026, a 3.0% increase, and EPS of $4.10, a 4.9% decrease. The consensus price target remains at CHF82.42, with some analysts valuing the stock at CHF104 and others at CHF61.16. The company's revenue growth is expected to accelerate to 4.0% in 2026.

Logitech International (LOGI) reported its fiscal 2026 Q1 earnings on July 30, 2025, with revenues of $1.15 billion, marking a 5.5% increase compared to the same quarter last year [1]. The company's net income grew 2.9% year over year, reaching $146.01 million, reflecting strong demand across segments and strategic priorities [1]. Despite this positive financial performance, Logitech's stock price experienced a decline of 5.06% on the latest trading day.

The company's revenue growth was driven by its gaming segment, which generated $315.88 million, and Keyboards & Combos, which brought in $222.49 million. Pointing Devices, Video Collaboration, Webcams, Tablet Accessories, and Headsets also contributed significantly to the total revenue [1].

Logitech's earnings per share (EPS) climbed 6.5%, reaching $0.99 in Q1 2026 from $0.93 in the previous year. This growth indicates sustained earnings momentum, with net income rising to $146.01 million, demonstrating a 2.9% increase from $141.83 million in Q1 2025 [1].

The company maintained its guidance for Q2 FY26, expecting sales growth of 3% to 7% in US dollars and 1% to 5% in constant currency. Logitech projects non-GAAP operating income to range from $180 million to $200 million [1].

Analysts now expect revenues of $4.75 billion in 2026, a 3.0% increase, and EPS of $4.10, a 4.9% decrease. The consensus price target remains at CHF82.42, with some analysts valuing the stock at CHF104 and others at CHF61.16. The company's revenue growth is expected to accelerate to 4.0% in 2026 [2].

References:
[1] https://www.ainvest.com/news/logitech-2026-q1-earnings-resilient-performance-net-income-grows-2-9-2507/
[2] https://ir.logitech.com/press-releases/press-release-details/2025/Logitech-Announces-Q1-Fiscal-Year-2026-Results/default.aspx