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Jun 30, 2024
Logitech Q1 2025 Earnings Report
Logitech's Q1 2025 financial results were announced, showcasing growth in net sales and increased FY25 outlook.
Key Takeaways
Logitech announced strong Q1 Fiscal Year 2025 results with net sales up 12% and raised its full-year outlook for both net sales and non-GAAP operating income. The company reported broad-based growth across all regions and key categories, driven by disciplined execution and excellent margin growth.
Net sales increased by 12% to $1.1 billion, or 13% in constant currency.
GAAP operating income rose by 96% to $153 million.
GAAP earnings per share (EPS) increased by 136% to $0.92.
The company raised its full-year outlook for Fiscal Year 2025 for both net sales and non-GAAP operating income.
Logitech
Logitech
Logitech Revenue by Segment
Forward Guidance
Logitech raised its full-year outlook for Fiscal Year 2025.
Positive Outlook
- Sales are expected to be between $4.34 billion and $4.43 billion.
- Sales growth (in US dollars, year over year) is projected to be between 1% and 3%.
- Non-GAAP operating income is expected to be between $700 million and $730 million.
- Non-GAAP operating income growth / (decline) (year over year) is projected to be between 0% and 4%.
- The company anticipates continued growth and profitability.
Revenue & Expenses
Visualization of income flow from segment revenue to net income