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Sep 30
Logitech Q2 2026 Earnings Report
Logitech reported Q2 2026 results with strong profitability and continued sales growth.
Key Takeaways
Logitech delivered a solid Q2 2026 with 6% sales growth and 19% growth in operating income. EPS reached $1.15, while non-GAAP EPS hit $1.45. Strong demand was seen across gaming, peripherals, and video collaboration segments.
Revenue was $1.19 billion, up 6% year-over-year.
GAAP net income reached $170.7 million with EPS of $1.15.
Non-GAAP operating income increased 19% to $230 million.
Gaming, Keyboards & Pointing Devices all saw double-digit growth.
Logitech
Logitech
Logitech Revenue by Segment
Revenue by Segment
Gaming Revenue
CapyFin.comKeyboards & Combos Revenue
CapyFin.comPointing Devices Revenue
CapyFin.comVideo Collaboration Revenue
CapyFin.comWebcams Revenue
CapyFin.comTablet Accessories Revenue
CapyFin.comHeadsets Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
For Q3 FY26, Logitech expects sales between $1.375B–$1.415B, with non-GAAP operating income of $270M–$290M.
Positive Outlook
- Projected Q3 sales growth of 3–6% YoY in USD.
- Strong product launches including MX Master 4 and new Gaming gear.
- Non-GAAP operating income forecast of up to $290M.
- Broad-based demand across B2B and consumer channels.
- Solid gross margins despite macroeconomic headwinds.
Challenges Ahead
- Gross margin slightly declined YoY (down 20 bps GAAP).
- Tablet Accessories and Headsets segments saw revenue decline.
- Other segment revenue dropped 30% YoY.
- Global macroeconomic uncertainty remains high.
- Restructuring charges increased this quarter to $4.4M.
Revenue & Expenses
Visualization of income flow from segment revenue to net income