Logitech's operating income rose 21.9% to $286.01 million on $1.42 billion of sales in the December 2025 quarter

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 filed its 10-Q, the quarterly report US-listed companies send to the Securities and Exchange Commission, on Jan 28, 2026, for the quarter ended Dec 31, 2025. Net sales were $1.42 billion, up 6.1% from $1.34 billion in the same quarter a year earlier. Operating income was $286.01 million, up 21.9% from $234.56 million. Net income was $251.04 million, up 25.4% from $200.15 million, and diluted earnings per share were $1.69 against $1.32. Logitech's own non-GAAP measure of operating income, which leaves out items the company chooses, was $312 million, up 17%; its release said the measures excluded share-based compensation expense, amortization of intangible assets, acquisition-related costs and restructuring charges, among other items.1^,2^,3^,4^,5^,6^,7^,8^,9^,10^,11^,12^,13^,14^,15^,16

Gaming net sales, which include streaming services revenue generated by Streamlabs, were $482.71 million, up 3.4% from $466.72 million. The 10-Q listed Gaming among the categories it said mainly drove the rise in sales, with Pointing Devices, Keyboards & Combos, Video Collaboration and Tablet Accessories. Pointing Devices sales rose 11.1% and Keyboards & Combos 7.5%, while Webcams fell 2.5%. Logitech said the ongoing growth of gaming gave it an opportunity to offer more tools to a wider community of gamers, and that social gaming continued to gain popularity through online gaming, multi-platform experiences and esports.17^,18^,19^,20^,21^,22^,23^,24^,25

Sales rose 14% in Asia Pacific, 7% in Europe, the Middle East and Africa, and 1% in the Americas. Gross margin, the share of sales left after the cost of goods, was 43.2% against 42.9% a year earlier. The company said the increase was primarily driven by product cost reductions, price increases in North America and favorable currency changes, partly offset by investment in strategic promotions and increased tariffs. It said the higher US import tariffs introduced in 2025 had had, and might continue to have, an adverse impact on its results. It also said it might be affected by rising demand for memory chips and other components from the build-out of AI technologies and data centers, which was leading to a rise in prices for such components.26^,27^,28^,29^,30^,31^,32

In its release of Jan 27, 2026, Logitech forecast sales of $1,070 - $1,090 million for the fourth quarter and $4,825 - $4,845 million for the fiscal year. A later 10-K showed net sales of $4.84 billion for the fiscal year from Apr 1, 2025 to Mar 31, 2026, inside the range forecast for it.33^,34^,35

Our records hold the text of the 10-Q's management discussion, not its notes or exhibits, and they keep one value for each period, the latest filed, so they cannot tell whether the year-earlier figures were restated.36^,37