Logitech's sales rose 6% to $4.55 billion in the year to Mar 31, 2025, with gaming up 8.7%

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Logitech reported sales of $4.55 billion for the year ended Mar 31, 2025, its fiscal year 2025, up 6% from $4.3 billion a year earlier. Logitech is a Swiss maker of peripherals for gaming, PCs, tablets and video conferencing, and sells most of its products under the Logitech and Logitech G names. It filed the figures in its annual report, a Form 10-K, on May 23, 2025.1^,2^,3^,4^,5^,6^,7^,8^,9

Gaming sales were $1.34 billion, up 8.7% from $1.23 billion in the year before, and the line includes streaming services revenue from Streamlabs. The category covers gaming mice, steering wheels, headsets, keyboards, console gaming headsets, microphones and Streamlabs services, and Logitech said its rise came mainly from gaming mice and gaming steering wheels. The company named gaming among the main sources of growth in total sales, alongside keyboards and combos, pointing devices and tablet accessories, and put the growth down to improved demand.10^,11^,12^,13^,14^,15^,16

Operating income, the profit from running the business before interest and tax, rose 11.5% to $654.86 million from $587.34 million. Net income was $631.53 million against $612.14 million, or $4.13 per diluted share against $3.87. Gross margin, the part of sales left after the cost of goods sold, rose to 43.1% from 41.4%, which the company put down mainly to lower product costs, partly offset by higher promotional spending. Restructuring charges were $9.6 million against $3.9 million a year earlier. The company tied the $9.6 million to a plan it started in the fourth quarter of the fiscal year, and said the plan's charges were for employee severance and other termination benefits. It spent $588.84 million on share buybacks in the year, up from $504.2 million.17^,18^,19^,20^,21^,22^,23^,24^,25^,26^,27^,28^,29

The 10-K said that in 2025 the United States introduced trade policy actions that had increased import tariffs across a wide range of countries, with certain exemptions. In its Apr 29, 2025 earnings release, Logitech said it had withdrawn its outlook for fiscal year 2026 because of the continuing uncertainty over tariffs, and gave a sales outlook of $1,100 - $1,150 million for the first quarter of fiscal year 2026. Chief executive Hanneke Faber described fiscal year 2025 as a year of broad-based sales growth driven by the company's strategic priorities.30^,31^,32^,33^,34

Sales were $5.48 billion in the year to Mar 31, 2022, $4.54 billion in the year to Mar 31, 2023 and $4.3 billion in the year to Mar 31, 2024.35^,36^,37

Our records hold the text of the 10-K's management discussion and its notes, not its other exhibits, and they keep one value for each period, so they cannot say whether the year-earlier figures were restated.38^,39