Asiya Merchant

Samik Chatterjee

Didier Scemama

Erik Woodring

Ananda Baruah

Joern Iffert

Martin Jungfleisch

Michael Foeth

Alek Valero

Dong Wang

Austin Baker

George Brown

Jorn Van derloop

Maya Neuman

Michael

Tim Long

- Logitech reported strong Q2 2026 financial results, with **net sales increasing 4% year-over-year in constant currency** and non-GAAP operating income growing **19% year-over-year to $230 million**.  **[0001032975_2209383_3]** 
- The company launched **16 new products**, including the MX Master 4 mouse and new gaming and business headsets, contributing to **19% growth in Asia-Pacific** and **3% growth in EMEA**, while Americas sales declined **4%**.  **[0001032975_2209383_1]** **[0001032975_2209383_3]** 
- For Q3 2026, Logitech provided guidance of **1%-4% year-over-year net sales growth in constant currency** and non-GAAP operating income between **$270 million and $290 million**.  **[0001032975_2209383_4]** 
- Logitech maintained cost discipline, with operating expenses declining **3% year-over-year**, and successfully offset a **150 basis points tariff impact** through pricing actions and manufacturing diversification.  **[0001032975_2209383_3]** **[0001032975_2209383_11]** 
- The company generated **$230 million in cash from operations** and returned **$340 million to shareholders** through dividends and share repurchases in Q2 2026.  **[0001032975_2209383_3]**

Logitech Reports Strong Q2 2026 Financial Results

- Logitech reported strong Q2 2026 results, with **net sales up 4%** year over year in constant currency and **non-GAAP operating income increasing 19% to $230 million**.  **[0001032975_2209348_3]** 
- The company issued Q3 2026 guidance, projecting **net sales growth of 1% to 4%** year over year in constant currency and **non-GAAP operating income between $270 million and $290 million**.  **[0001032975_2209348_4]** 
- Performance was driven by strong growth in Asia-Pacific (**19%**) and EMEA (**3%**), with B2B demand outpacing consumer, while Americas sales declined **4%** due to a softer gaming market and tariff-related pricing actions.  **[0001032975_2209348_3]** 
- Logitech successfully mitigated a **150 basis points** tariff impact on gross margin through pricing actions and manufacturing diversification, maintaining a **43.8% non-GAAP gross margin rate**.  **[0001032975_2209348_3]** **[0001032975_2209348_11]** 
- The company returned **$340 million** to shareholders in the quarter via dividends and share repurchases, ending with a **$1.4 billion cash balance**.  **[0001032975_2209348_3]**

Logitech announces strong Q2 2026 results and Q3 2026 guidance

- Logitech reported strong **Q2 2026** financial results, with **net sales up 4% year over year in constant currency** and **non-GAAP operating income increasing 19% to $230 million**.  **[0001032975_2209170_3]**  The **non-GAAP gross margin rate was 43.8%**, with the negative impact of tariffs entirely offset by pricing actions and manufacturing diversification.  **[0001032975_2209170_3]** 
- The company generated approximately **$230 million in cash from operations**, ended the quarter with a **cash balance of $1.4 billion**, and returned **$340 million to shareholders** through dividends and share repurchases.  **[0001032975_2209170_3]** 
- For **Q3 2026**, Logitech expects **net sales growth of 1% to 4% year over year in constant currency** and **non-GAAP operating income between $270 million and $290 million**.  **[0001032975_2209170_4]**  Regional performance saw **Asia-Pacific grow 19%** and **EMEA grow 3%**, while the **Americas declined 4%**, primarily due to a softer gaming market.  **[0001032975_2209170_3]**  Logitech also launched **16 new products** in Q2, including the MX Master 4 mouse and new gaming gear.  **[0001032975_2209170_1]**

Logitech Announces Strong Q2 2026 Results and Q3 2026 Outlook

- Logitech International reported **Q2 Fiscal Year 2026 sales of $1.19 billion**, an increase of **6 percent** in US dollars, and **Non-GAAP operating income of $230 million**, up **19 percent** year-over-year.  **[1032975_0001032975-25-000076_exhibit991q2fy26.htm:0]** 
- **Non-GAAP diluted earnings per share (EPS) was $1.45**, marking a **21 percent** increase compared to the prior year's second quarter.  **[1032975_0001032975-25-000076_exhibit991q2fy26.htm:0]** 
- The company returned **$340 million** to shareholders through its annual dividend payment and share repurchases during the quarter.  **[1032975_0001032975-25-000076_exhibit991q2fy26.htm:0]** 
- Logitech announced **16 new products**, including the MX Master 4 mouse and new Gaming products, and saw strong demand growth across both B2B and consumer channels.  **[1032975_0001032975-25-000076_exhibit991q2fy26.htm:0]** 
- For **Q3 FY26**, Logitech anticipates sales between **$1,375 million and $1,415 million** and Non-GAAP operating income between **$270 million and $290 million**.  **[1032975_0001032975-25-000076_exhibit991q2fy26.htm:0]**

Logitech Announces Q2 Fiscal Year 2026 Results and Q3 FY26 Outlook

- Logitech International S.A. amended its Articles of Incorporation, specifically Article 27 and Article 28, with the changes becoming effective on **October 1, 2025**.  **[1032975_0001032975-25-000071_logi-20251001.htm:1]** **[1032975_0001032975-25-000071_logi-20251001.htm:1]** 
- These amendments renew the Swiss "capital band" information, granting the board of directors increased authority to cancel and issue shares, similar to terms approved at the **2023 annual general meeting of shareholders**.  **[1032975_0001032975-25-000071_logi-20251001.htm:1]** **[1032975_0001032975-25-000071_logi-20251001.htm:1]** 
- The capital band allows for share capital to range from a lower limit of **CHF 36,176,503.50** to an upper limit of **CHF 44,215,726.50**.  **[1032975_0001032975-25-000071_exhibit31lisaaoi-capitalba.htm:7]** 
- The Board's authority within this capital band, which includes increasing or decreasing share capital and acquiring shares, is valid until **September 9, 2030**.  **[1032975_0001032975-25-000071_exhibit31lisaaoi-capitalba.htm:7]** 
- The board can issue or cancel up to **16,078,446 registered shares** with a nominal value of CHF 0.25 each, and the total number of newly issued shares with limited or withdrawn subscription rights from the capital band or conditional share capital cannot exceed this amount.  **[1032975_0001032975-25-000071_exhibit31lisaaoi-capitalba.htm:7]** **[1032975_0001032975-25-000071_exhibit31lisaaoi-capitalba.htm:9]**

Logitech International S.A. Amends Articles of Incorporation to Renew Capital Band

- Logitech International S.A. **amended its Articles of Incorporation** on **August 26, 2025**, to reflect a **reduction in share capital**.  **[1032975_0001032975-25-000062_logi-20250826.htm:1]** 
- The share capital was reduced from **CHF 42,248,535.50** to **CHF 40,196,115**, resulting in **160,784,460** registered shares with a nominal value of **CHF 0.25** each.  **[1032975_0001032975-25-000062_logi-20250826.htm:1]** **[1032975_0001032975-25-000062_exhibit31lisaaoi-aftercapi.htm:0]** 
- This capital reduction was a result of the **cancellation of shares repurchased** under the Company's **share buyback program**.  **[1032975_0001032975-25-000062_logi-20250826.htm:1]** 
- Article 27 was also amended, updating the Swiss "capital band" to range from **CHF 38,948,989.50** to **CHF 47,604,320.50**, authorizing the Board to manage share capital within this range until **September 13, 2028**.  **[1032975_0001032975-25-000062_logi-20250826.htm:1]** **[1032975_0001032975-25-000062_exhibit31lisaaoi-aftercapi.htm:7]**

LOGITECH INTERNATIONAL (LOGI)