LOGITECH INTERNATIONAL S.A. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data LOGITECH INTERNATIONAL S.A. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	2,221	2,567	2,788	2,976	5,252	5,481	4,539	4,298	4,555	4,841
Cost of revenue	1,395
Gross profit	820	909	1,037	1,122	2,336	2,263	1,720	1,778	1,963	2,091
Research and development	131	144	161	178	226	292	281	287	309	316
Selling and marketing	380	435	488	533	770	1,026	809	730	814	817
General and administrative	100	96.4	98.7	94	167	149	125	155	164	167
Operating expenses	608	680	774	846	1,188	1,489	1,261	1,191	1,308	1,316
Operating income	212	230	263	276	1,148	774	458	587	655	775
Other non-operating income	1.68	-2.44	-0.44	38.2	-1.79	0.56	-13.3	-16.4	-2.98	3.08
Pre-tax income	215	232	271	324	1,148	776	464	622	707	827
Income tax	9.11	23.7	13.6	-125	201	131	98.9	9.45	75.3	115
Net income	206	209	258	450	947	645	365	612	632	711
EBITDA	253	271	307	319	1,199	862	535	650	715	839
EPS, basic	1.27	1.27	1.56	2.70	5.62	3.85	2.25	3.90	4.17	4.85
EPS, diluted	1.24	1.23	1.52	2.66	5.51	3.78	2.23	3.87	4.13	4.80
Shares, basic (weighted)	162	164	166	167	169	167	162	157	151	147
Shares, diluted (weighted)	166	169	169	169	172	170	164	158	153	148
Dividend per share	570.00	0.63	0.69	0.74	0.87	0.95	1.00	1.19	1.37	1.58

Balance sheet

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	548	642	605	716	1,750	1,329	1,149	1,521	1,503	1,742
Short-term investments	0
Receivables	185	215	383	395	612	676	630	542	455	506
Inventory	253	260	293	229	661	933	683	423	504	490
Other current assets	41.7	56.4	69.1	74.9	136	135	143	146	131	178
Total current assets	1,028	1,173	1,350	1,414	3,159	3,073	2,605	2,631	2,593	2,915
Property, plant and equipment	85.4	86.3	78.6	76.1	114	110	122	117	114	116
Lease right-of-use assets				25.6	31.2	40.7	67.3	61.2	75.2	71.5
Goodwill	250	275	344	401	430	448	455	462	463	465
Intangible assets	47.6	87.5	119	127	115	83.8	63.2	44.6	24.6	12.4
Other non-current assets	88.1	121	132	345	324	321	316	350	344	339
Total assets	1,499	1,743	2,024	2,363	4,142	4,035	3,561	3,605	3,539	3,849
Accounts payable	275	294	284	259	823	636	407	449	415	531
Accrued liabilities	232	282	434	455	859	785	643	637	687	782
Deferred revenue							11	19.3	25.8	38.7
Total current liabilities	507	576	718	714	1,682	1,421	1,050	1,086	1,101	1,313
Lease liabilities			0	19.5	21.3	28.2	58.4	61.9	76.6	71.1
Other non-current liabilities	83.7	81.9	93.6	119	140	132	147	173	222	238
Total liabilities	643	693	848	874	1,881	1,637	1,303	1,371	1,411	1,637
Paid-in capital	26.6	47.2	56.7	75.1	130	130	127	63.5	82.6	123
Retained earnings	1,074	1,232	1,365	1,691	2,491	2,976	3,178	3,603	3,627	3,381
Treasury stock	-174	-166	-170	-186	-280	-633	-977	-1,351	-1,465	-1,207
Other comprehensive income	-101	-93.5	-106	-121	-109	-104	-100	-111	-147	-114
Shareholders' equity	856	1,051	1,176	1,489	2,262	2,399	2,258	2,234	2,127	2,211
Total equity	856	1,051	1,176	1,489	2,262	2,399	2,258	2,234	2,127	2,211
Total liabilities and equity	1,499	1,743	2,024	2,363	4,142	4,035	3,561	3,605	3,539	3,849

Cash flow statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	206	209	258	450	947	645	365	612	632	711
Depreciation and amortization	41.1	41.3	43.5	42.9	50.8	88.4	76.3	63.1	59.7	64.1
Stock-based compensation	35.9	44.1	50.3	54.9	86	93.5	70.8	82.9	89.9	112
Deferred income tax	-2.4	7.14	-12.3	-160	34.5	27.3	30.7	-42.4	56.5	29.8
Change in receivables	-46.6	-26.4	-58.8	-15.8	-201	-71.5	51.2	91.5	70	-39.4
Change in inventory	-15.4	16	-21.6	60.4	-428	-277	247	260	-80.5	22.9
Change in payables	24.5	17.7	-19.1	-24.3	554	-181	-219	39.3	-31.6	109
Cash from operations	288	346	305	425	1,459	298	534	1,145	843	1,037
Capital expenditures	-31.8	-39.7	-35.9	-39.5	-76.2	-89.2	-92.4	-55.9	-56.1	-61.6
Acquisitions	-67	-88.3	-134	-91.6	-43.5	-16.2	-8.53	-14.4	0	0
Purchases of investments	-0.96	-1.24	-2.72	-12	-12.3	-5.06	-6.7	-11.6	-6.6	-10.5
Sales and maturities of investments				12.1	13.2	5.79	6.21	12.2	7.08	11.3
Cash from investing	-99.7	-129	-173	-130	-120	-108	-106	-70.3	-57.3	-62.4
Share buybacks	-83.8	-30.7	-32.4	-50.4	-165	-412	-418	-504	-589	-535
Dividends paid	-93.1	-104	-114	-124	-147	-159	-159	-182	-208	-233
Cash from financing	-156	-128	-159	-177	-300	-607	-583	-690	-797	-751
Exchange rate effect	-5.37	4.73	-10.1	-7.06	-3.97	-5.25	-24.6	-12.8	-5.57	14.6
Net change in cash	27.6	94.4	-37.4	111	1,035	-422	-180	372	-17.6	238
Free cash flow	257	307	269	386	1,382	209	442	1,089	786	976
Income taxes paid	11.3	15.1	15.3	20.9	23	193	72	50.9	67.5	86.4

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $101.09 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	45.1%	Gross profit / revenue.
Operating margin	17.7%	Operating income / revenue.
EBITDA margin	19.1%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	18.9%	Pre-tax income / revenue.
Net margin	16.3%	Net income / revenue.
FCF margin	20.7%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	21.9%	Cash from operations / revenue.
Effective tax rate	13.7%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	34.1%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	19.9%	Net income / average total assets.
Return on invested capital (ROIC)	125.0%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue	6.6%	Research and development expense / revenue.
Stock-based pay / revenue	2.2%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	1.3%	Capital expenditures / revenue.
D&A / revenue	1.4%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	6.3%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	2.2%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	-1.6%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	6.6%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	6.7%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	-2.2%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	18.4%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	19.1%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	-7.6%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	17.5%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	16.2%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	-6.9%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	12.6%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	24.9%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	-5.6%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	16.2%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	29.1%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	-2.7%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	23.1%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	24.8%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-6.6%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	24.1%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	30.2%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	-6.7%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	15.3%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	16.5%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	12.7%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	3.9%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-0.7%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-0.4%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	8.8%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	2.6%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-1.5%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-3.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-3.3%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-2.9%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	2.31x	Current assets / current liabilities.
Quick ratio	1.79x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	1.30x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	41.7%	Total liabilities / total assets.
Working capital	$1.77B	Current assets - current liabilities.
Goodwill and intangibles / assets	11.8%	(Goodwill + intangible assets) / total assets.
Tangible book value	$1.88B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.22x	Revenue / average total assets.
Fixed asset turnover	43.5x	Revenue / average property, plant and equipment.
Receivables turnover	7.36x	Revenue / average receivables.
Days sales outstanding	50 days	365 x average receivables / revenue.
FCF conversion	127.0%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	5.8%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$5.52	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$33.92	Revenue / diluted weighted shares.
FCF per share	$7.01	Free cash flow / diluted weighted shares.
Operating cash flow per share	$7.44	Cash from operations / diluted weighted shares.
Book value per share	$16.21	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$12.93	Tangible book value / shares outstanding.
Cash per share	$12.06	(Cash + short-term investments) / shares outstanding.
Buybacks / FCF	51.8%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$14.47B	Share price x shares outstanding.
Enterprise value	$12.73B	Market cap + total debt - cash - short-term investments.
P/E	18.1x	Market cap / net income. Only when net income is positive.
P/S	2.94x	Market cap / revenue.
P/B	6.15x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	7.72x	Market cap / tangible book value, when positive.
P/FCF	14.2x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	13.4x	Market cap / cash from operations, when positive.
EV/Sales	2.59x	Enterprise value / revenue.
EV/EBIT	14.6x	Enterprise value / operating income, when both are positive.
EV/EBITDA	13.6x	Enterprise value / EBITDA, when both are positive.
EV/FCF	12.5x	Enterprise value / free cash flow, when both are positive.
FCF yield	7.0%	Free cash flow / market cap.
Earnings yield	5.5%	Net income / market cap (the inverse of P/E).
Shareholder yield	3.6%	(Dividends paid + share buybacks) / market cap.
PEG	0.62x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was LOGITECH INTERNATIONAL S.A.'s revenue in fiscal 2026?

LOGITECH INTERNATIONAL S.A. reported revenue of $4.84B for fiscal 2026, 6.3% higher than the year before.

Was LOGITECH INTERNATIONAL S.A. profitable in fiscal 2026?

Yes. Net income was $711.2M, a net margin of 14.7%.

How much free cash flow did LOGITECH INTERNATIONAL S.A. generate in fiscal 2026?

Cash from operations of $1.04B minus capital expenditures of $61.6M left free cash flow of $975.6M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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