Logitech's sales rose 5.5% to $1.15 billion in the quarter to Jun 30, 2025, with gaming up 2.1%
Gaming sales were $315.88 million; gross margin fell 110 basis points to 41.7% and net income was $146.02 million.
Logitech reported sales of $1.15 billion for the quarter ended Jun 30, 2025, up 5.5% from $1.09 billion in the same quarter a year earlier. The quarter is the first of the company's fiscal year 2026, and the figures are in its Form 10-Q, the quarterly report a US-listed company files, filed on Jul 30, 2025 after an earnings release on Jul 29.1,2,3,4,5,6,7,8
Gaming sales were $315.88 million, up 2.1% from $309.48 million, against 5.5% for total sales, and the line includes streaming services revenue from Streamlabs. Logitech put the rise in total sales mainly down to video collaboration, tablet accessories and webcams. Sales rose 16% in Asia Pacific and 12% in Europe, the Middle East and Africa, and fell 5% in the Americas. Chief executive Hanneke Faber attributed the growth to the company's strategic priorities and strong demand.9,10,11,3,12,13,14,15,16
Operating income, the profit from running the business before interest and tax, rose 5.6% to $162.09 million from $153.5 million. Net income was $146.02 million against $141.83 million, or $0.98 per diluted share against $0.92. Gross margin, the part of sales left after the cost of goods sold, was 41.7%, down 110 basis points (hundredths of a percentage point) from a year earlier. The company said the fall came mainly from tariffs, higher promotional spend and a release of inventory reserves in the year-earlier quarter, partly offset by price increases in North America and lower product costs. The 10-Q said the incremental tariffs had had, and might continue to have, an adverse impact on its results of operations. The company paid $121.66 million for share repurchases in the quarter, against $130.9 million a year earlier.17,18,19,20,21,22,23,24,25,26,27
At the time, the earnings release gave a sales outlook of $1,145 - $1,190 million for the second quarter of fiscal year 2026. Logitech said its sales were generally highest in the quarter from October to December, on holiday demand and year-end spending by enterprises; sales were $1.34 billion in the quarter to Dec 31, 2024 and $1.12 billion in the quarter to Sep 30, 2024.28,5,29,30,31
Our records hold the text of the 10-Q'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.32,33
How each figure was checked
- Logitech sales for the quarter ended Jun 30, 2025$1.15 billion for the quarter from Apr 1, 2025 to Jun 30, 2025
- Report date of the Form 10-QJun 30, 2025
- Sales change on the same quarter a year earlier5.5% on the same quarter a year earlier
- Sales in the same quarter a year earlier$1.09 billion in the same quarter a year earlier
- The quarter is the first quarter of fiscal year 20262026SEC EDGAR, Form 8-K earnings release (Exhibit 99.1) filed Jul 29, 2025 ↗
- Form type10-Q
- Date the 10-Q was filedJul 30, 2025
- Date the earnings release 8-K was filedJul 29, 2025
- Gaming sales for the quarter$315.88 million for the quarter from Apr 1, 2025 to Jun 30, 2025
- Gaming sales change on the same quarter a year earlier2.1% on the same quarter a year earlier
- Gaming sales in the same quarter a year earlier$309.48 million for the quarter from Apr 1, 2024 to Jun 30, 2024
- Gaming includes Streamlabs streaming services revenueSEC EDGAR, Form 10-Q notes to the financial statements, filed Jul 30, 2025 ↗
- What the company says drove the rise in salesSEC EDGAR, Form 10-Q notes to the financial statements, filed Jul 30, 2025 ↗
- Sales by region16%, 12% and 5%SEC EDGAR, Form 10-Q notes to the financial statements, filed Jul 30, 2025 ↗
- What EMEA stands forSEC EDGAR, Form 10-Q notes to the financial statements, filed Jul 30, 2025 ↗
- CEO on the growthSEC EDGAR, Form 8-K earnings release (Exhibit 99.1) filed Jul 29, 2025 ↗
- Operating income for the quarter$162.09 million for the quarter from Apr 1, 2025 to Jun 30, 2025
- Operating income change on the same quarter a year earlier5.6% on the same quarter a year earlier
- Operating income in the same quarter a year earlier$153.5 million in the same quarter a year earlier
- Net income for the quarter$146.02 million for the quarter from Apr 1, 2025 to Jun 30, 2025
- Net income in the same quarter a year earlier$141.83 million in the same quarter a year earlier
- Diluted earnings per share for the quarter0.98 USD per share for the quarter from Apr 1, 2025 to Jun 30, 2025
- Diluted earnings per share in the same quarter a year earlier0.92 USD per share in the same quarter a year earlier
- Gross margin and what moved it41.7%, down 110 basis pointsSEC EDGAR, Form 10-Q notes to the financial statements, filed Jul 30, 2025 ↗
- Effect of tariffs on resultsSEC EDGAR, Form 10-Q notes to the financial statements, filed Jul 30, 2025 ↗
- Share buybacks for the quarter$121.66 million for the quarter from Apr 1, 2025 to Jun 30, 2025
- Share buybacks in the same quarter a year earlier$130.9 million in the same quarter a year earlier
- Q2 sales outlook$1,145 - $1,190 millionSEC EDGAR, Form 8-K earnings release (Exhibit 99.1) filed Jul 29, 2025 ↗
- Seasonality of salesSEC EDGAR, Form 10-Q notes to the financial statements, filed Jul 30, 2025 ↗
- Sales in the quarter to Dec 31, 2024$1.34 billion for the quarter from Oct 1, 2024 to Dec 31, 2024
- Sales in the quarter to Sep 30, 2024$1.12 billion for the quarter from Jul 1, 2024 to Sep 30, 2024
- What documents of the filing our records holdWe hold the text of this filing's management discussion and analysis (45 subsections); notes to its financial statements (12 numbered notes). We do not hold the filing's other exhibits, and nothing else of it is held: a sentence about what the filing does not say is about the text we hold.
- Whether year-earlier figures can be told as restatedOur records keep one value for each period of an SEC filer, the latest filed, so they cannot tell whether this filing's year-earlier figures were restated.
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The record
- Company
- Logitech (CIK 1032975)
- Form
- 10-Q
- Accession
- 0001032975-25-000059
- Filed
- Jul 30, 2025
- Period covered
- Apr 1, 2025 – Jun 30, 2025
- Revenue
- 1,147,703,000 USD
- Revenue, a year earlier
- 1,088,217,000 USD
- Operating income
- 162,094,000 USD
- Operating income, a year earlier
- 153,499,000 USD
- Net income
- 146,015,000 USD
- Net income, a year earlier
- 141,833,000 USD
- Share buybacks
- 121,657,000 USD
- Share buybacks, a year earlier
- 130,899,000 USD
Quarterly revenue, last 8 periods
About Logitech
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