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Sep 30, 2024
Logitech Q2 2025 Earnings Report
Delivered sales growth and strong profitability, leading to an increased FY25 outlook.
Key Takeaways
Logitech announced Q2 Fiscal Year 2025 results, reporting a 6% increase in sales to $1.12 billion. The company raised its full-year outlook for Fiscal Year 2025.
Sales were $1.12 billion, up 6% in US dollars and 6% in constant currency compared to the prior year.
GAAP gross margin was 43.6%, up 210 basis points compared to the prior year.
GAAP earnings per share (EPS) was $0.95, up 10% compared to the prior year.
The Company returned $340 million of cash to shareholders through its annual dividend payment and share repurchases.
Logitech
Logitech
Logitech Revenue by Segment
Forward Guidance
Logitech raised its full-year outlook for Fiscal Year 2025.
Positive Outlook
- Sales: $4.39 - $4.47 billion (previously $4.34 - $4.43 billion)
- Sales growth (in US dollars, year over year): 2% - 4% (previously 1% - 3%)
- Non-GAAP operating income: $720 - $750 million (previously $700 - $730 million)
- Non-GAAP op. inc. growth (year over year): 3% - 7% (previously 0% - 4%)
Revenue & Expenses
Visualization of income flow from segment revenue to net income