Quarterly ResultMay 5, 2026, 04:18 PM
Logitech FY26 Sales $4.84B (+6%); Non-GAAP EPS $5.78 (+19%)
AI Summary
Logitech International S.A. announced strong financial results for Fiscal Year 2026, with sales reaching $4.84 billion, a 6% increase, and non-GAAP diluted EPS growing 19% to $5.78. The company also reported robust Q4 FY26 performance, with sales up 7% to $1.09 billion and non-GAAP operating income up 25% to $167 million. Management highlighted the effectiveness of its strategy and operating principles, achieving record-high non-GAAP gross and operating margins outside of pandemic peaks, and provided a positive outlook for Q1 FY27.
Key Highlights
- FY26 sales were $4.84 billion, up 6% in US dollars and 4% in constant currency.
- FY26 non-GAAP operating income was $911 million, an 18% increase year-over-year.
- FY26 non-GAAP diluted EPS was $5.78, up 19% compared to the prior year.
- Q4 FY26 sales reached $1.09 billion, up 7% in US dollars.
- Q4 FY26 non-GAAP operating income was $167 million, a 25% increase.
- Cash flow from operations for FY26 was $1.04 billion, with $768 million returned to shareholders.
- FY26 non-GAAP gross margin was 43.6% and operating margin was 18.8%, both highest ever outside pandemic peaks.
- Q1 FY27 sales outlook is $1,190 - $1,215 million, with non-GAAP operating income of $195 - $215 million.