The Motley Fool·Oct 28, 2026
Why Logitech Stock Crashed After EarningsLogitech beat on sales and earnings last night, but earnings were still down significantly. GAAP profits look worse than non-GAAP, and Logitech's free cash flow looks even worse.
Logitech pairs a structurally asset-light, debt-free balance sheet — $1.5B cash against $0 total debt and a 2.13 current ratio — with a cash engine that generated roughly $1.9B of free cash flow over the trailing ten quarters at 1.0–1.4% of revenue capex intensity.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth decelerated to 2.8% year over year in 2027Q2 with gross margin contracting 460 basis points sequentially to 44.9%, though operating margin held at 16.5% and operating income still grew 4.9% year over year.
Logitech holds a strong position in peripherals with innovative products like MX, Mechanical Keyboards, and gaming gear.
The company generates strong free cash flow, supported by operational excellence and strategic priorities.
Logitech maintains a solid financial position with a net-cash balance sheet of $1.28 billion.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 27, 2026 | $1.51+12.7% vs $1.34 | $1.2B+0.6% vs $1.2B |
Q3 2026 Jul 28, 2026 | $1.85+46.8% vs $1.26 | $1.2B+2.1% vs $1.2B |
Q2 2026 May 5, 2026 | $1.13+2.7% vs $1.10 | $1.1B+0.4% vs $1.1B |
Q1 2026 Jan 27, 2026 | $1.93+7.8% vs $1.79 | $1.4B+0.9% vs $1.4B |
Logitech beat on sales and earnings last night, but earnings were still down significantly. GAAP profits look worse than non-GAAP, and Logitech's free cash flow looks even worse.
Logitech shares tumbled on Wednesday despite the computer peripherals maker reporting better-than-expected second-quarter profit a day earlier, as analysts pointed to profit-taking and concerns over
Logitech International S.A. (LOGI) Q2 2027 Earnings Call Transcript
Logitech International NASDAQ: LOGI reported second-quarter net sales of $1.2 billion, up 3% in U.S. dollars and 2% in constant currency from a year earlier, marking its 11th consecutive quarter of year-over-year revenue growth. The company said results exceeded its outlook despite supply constraints, elevated component and logistics costs, and geopolitical pressures in the Middle East.
Benchmark LOGI against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Logitech International S.A. (LOGI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $96.25 | $13.82B | 17.14 | 6.74% | 16.3% | 35.59% | 1.64% | |
| $16.41 | $1.94B | -52.44 | -4.93% | -2.54% | -9.55% | — | |
| $3.16 | $29.91M | -34.42 | 3.14% | -7.22% | -2.9% | — | |
| $342.37 | $5.03T | 37.90 | 15.06% | 27.6% | 127.61% | 0.31% | |
| $530.61 | $3.94T | 27.70 | 17.79% | 41.17% | 33.21% | 0.67% | |
| $0.90 | $154.23M | -0.95 | -18.71% | -28.52% | -529.55% | — |
Logitech International S.A. (LOGI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Logitech International S.A. (LOGI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 27, 2026·SEC
Oct 13, 2026·SEC
Jul 28, 2026·SEC
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Logitech International S.A. (LOGI) stock FAQ — growth, dividends, profitability & financials explained
Logitech International S.A. (LOGI) reported $4.95B in revenue over the trailing twelve months. Revenue was $4.86B in fiscal year 2026. That is 1075% more than the $413.7M of fiscal year 1997.
Logitech International S.A. (LOGI) grew revenue by 5.7% over the trailing twelve months, compared with the twelve months before.
Yes. Logitech International S.A. (LOGI) earned $807.4M in net income over the trailing twelve months (a 16.3% net margin).
Yes. Logitech International S.A. (LOGI) pays a dividend that yields 1.64% at the current price, a moderate yield.
Logitech International S.A. (LOGI) had a return on equity (ROE) of 35.6% over the trailing twelve months. That is well above the market's typical 10-15%.
Logitech International S.A. (LOGI) generated $953.2M in free cash flow over the trailing twelve months.
