Logitech International S.A.

SWX:LOGN Stock Report

Market Cap: CHF 11.7b

Logitech International Past Earnings Performance

Past criteria checks 5/6

Logitech International's earnings have been declining at an average annual rate of -4.8%, while the Tech industry saw earnings growing at 15.9% annually. Revenues have been declining at an average rate of 4.8% per year. Logitech International's return on equity is 32.2%, and it has net margins of 14.7%.

Key information

-4.84%

Earnings growth rate

-1.21%

EPS growth rate

Tech Industry Growth11.81%
Revenue growth rate-4.75%
Return on equity32.16%
Net Margin14.69%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article Feb 05

We Think Logitech International's (VTX:LOGN) Healthy Earnings Might Be Conservative

The market seemed underwhelmed by the solid earnings posted by Logitech International S.A. ( VTX:LOGN ) recently. Along...

Recent updates

Analysis Article May 08

Analysts Are Updating Their Logitech International S.A. (VTX:LOGN) Estimates After Its Yearly Results

Investors in Logitech International S.A. ( VTX:LOGN ) had a good week, as its shares rose 6.6% to close at CHF81.82...
Narrative Update May 03

LOGN: Future Returns Will Be Driven By Gaming Peripherals And Large Buyback Program

Analysts have trimmed their fair value estimate for Logitech International slightly to about CHF 89.75 from roughly CHF 90.38, reflecting small adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Logitech G launched the G512 X TMR Analog/Mechanical Gaming Keyboard, positioned as a modular, highly customizable option with TMR sensor technology and True 8K performance.
Narrative Update Apr 19

LOGN: Future Returns Will Be Driven By Buybacks And AI Meeting Solutions

Analysts have inched their fair value price target for Logitech International slightly higher to CHF 90.38 from CHF 89.84, reflecting small adjustments to assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News The Board of Directors authorized a new share buyback plan on March 18, 2026, indicating an intention to return additional capital to shareholders over time (Key Developments).
Narrative Update Apr 05

LOGN: Share Buybacks And Stable Margins Will Likely Sustain A Fair Pricing Range

Analysts have trimmed their price target for Logitech International to CHF 68 from CHF 73, citing updates to fair value, discount rate, revenue growth assumptions and expected future P/E, while keeping profit margin expectations broadly steady. What's in the News Board of Directors authorized a new share repurchase plan on March 18, 2026, permitting Logitech International to buy back up to US$1,400m of its shares over three years, subject to Swiss Takeover Board approval (Buyback Transaction Announcements).
Narrative Update Mar 21

LOGN: New Buybacks And AI Cameras Will Support Future Upside

Analysts have nudged their price target for Logitech International slightly higher to CHF 113.17 from CHF 111.08, citing small adjustments to fair value estimates, discount rate, revenue growth expectations, profit margin assumptions and future P/E inputs. What's in the News The Board of Directors authorized a new share repurchase plan for up to US$1,400m of shares to be bought back over three years, subject to Swiss Takeover Board approval (Buyback Transaction Announcements).
Narrative Update Mar 07

LOGN: Future Returns Will Be Led By AI Meeting Solutions

Analysts have trimmed their price target on Logitech International to CHF 89.84 from CHF 93.34, reflecting slightly lower revenue growth expectations and a modestly higher discount rate that are only partly offset by a small uplift in projected profit margins. What's in the News Logitech G introduced the G325 LIGHTSPEED Wireless Gaming Headset, a US$79.99 wireless model positioned to offer LIGHTSPEED performance, 24 bit audio, and all day comfort in a minimalist design for PC, console, and mobile users (Product related announcement).
Narrative Update Feb 21

LOGN: Future AI Cameras And Buybacks Will Support Upside Potential

Analysts have nudged their price target for Logitech International slightly higher to CHF111.08, reflecting updated assumptions around revenue growth, profit margins and a modestly higher future P/E multiple. What's in the News Logitech G introduced the G325 LIGHTSPEED Wireless Gaming Headset at an MSRP of US$79.99, targeting players looking for wireless performance, immersive 24 bit audio, and all day comfort at a lower price point (Product related announcement).
Narrative Update Feb 07

LOGN: Future Margin Strength And Buybacks Will Support Upside Potential

Analysts now see Logitech International's fair value edging from US$111.66 to US$111.08, reflecting updated views on slightly higher revenue growth, improved profit margins, a modestly higher discount rate, and a richer future P/E assumption. What's in the News Logitech G launched the G325 LIGHTSPEED Wireless Gaming Headset, targeting value-focused gamers at a US$79.99 MSRP with LIGHTSPEED wireless, 24-bit audio, Bluetooth connectivity, and G HUB integration for EQ and AI-powered noise reduction (Product-Related Announcements).
Analysis Article Feb 05

We Think Logitech International's (VTX:LOGN) Healthy Earnings Might Be Conservative

The market seemed underwhelmed by the solid earnings posted by Logitech International S.A. ( VTX:LOGN ) recently. Along...
Analysis Article Jan 30

Analyst Estimates: Here's What Brokers Think Of Logitech International S.A. (VTX:LOGN) After Its Third-Quarter Report

Shareholders might have noticed that Logitech International S.A. ( VTX:LOGN ) filed its third-quarter result this time...
Narrative Update Jan 23

LOGN: Future Returns Will Be Driven By AI Meeting Solutions And Capital Discipline

Analysts have trimmed their fair value estimate for Logitech International to reflect a revised price target of US$93.34, down from US$97.73. They cited slightly softer revenue growth assumptions, a modestly lower future P/E multiple, and a small uplift in expected profit margins.
Narrative Update Jan 09

LOGN: Future Returns Will Be Driven By Disciplined Capital Allocation

Analysts have trimmed their fair value estimate for Logitech International from $99.98 to $97.73, pointing to slightly more tempered assumptions on revenue growth, profit margins, and the future P/E multiple while keeping the discount rate broadly similar. What's in the News Management laid out capital allocation priorities, highlighting organic growth as the first use of cash, followed by the dividend, then targeted M&A focused on smaller tuck-in deals that fit within work and play categories, with share buybacks as a fourth priority backed by a 3 year, US$2b repurchase program (Key Developments).
Analysis Article Jan 04

An Intrinsic Calculation For Logitech International S.A. (VTX:LOGN) Suggests It's 32% Undervalued

Key Insights The projected fair value for Logitech International is CHF121 based on 2 Stage Free Cash Flow to Equity...
Narrative Update Dec 23

LOGN: Higher Margins And Buybacks Will Eventually Prove Unsustainably Priced

Analysts have raised their price target for Logitech International to approximately $73 per share from about $61, citing expectations for faster revenue growth, higher profit margins, a slightly lower discount rate, and a modestly richer future P/E multiple. What's in the News CEO Johanna Faber reiterated that Logitech will prioritize organic growth and dividends while pursuing only disciplined, tuck in M&A deals that accelerate existing work and play segments and complement its $2 billion, three year share buyback program (Key Developments).
Analysis Article Dec 22

Why You Should Care About Logitech International's (VTX:LOGN) Strong Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Narrative Update Dec 09

LOGN: Future Outlook Will Balance Share Buybacks With New Product Expansion

Analysts have modestly raised their price target on Logitech International, citing slightly faster expected revenue growth, a small improvement in profit margins, and only a marginal change in the assumed future price to earnings multiple. This has resulted in an updated fair value estimate that now stands just under 100 dollars per share.
Narrative Update Nov 25

LOGN: Future Outlook Will Balance Expanding Margins With New Product Developments

Logitech International's analyst price target has seen a slight decrease from $100.38 to $99.98, as analysts cite modest adjustments in growth outlook and margin expectations. What's in the News Logitech opened its first Experience Store in San Francisco’s Union Square.
Narrative Update Nov 10

LOGN: Future Performance Will Reflect Strengthened Profit Margins And Product Launch Momentum

Analysts have raised their price target for Logitech International from $90.81 to $100.38 per share. They cite improved expectations for revenue growth and profit margins.
Narrative Update Oct 27

Future Performance Will Rely On Expanding Demand And Product Launch Momentum

Narrative Update on Logitech International Analysts have slightly reduced their price target for Logitech International, lowering it from $90.99 to $90.81. This adjustment reflects more cautious profit margin forecasts, even though the outlook for revenue growth has improved.
Narrative Update Oct 13

Growing Video And Gaming Demand Will Sustain Future Upside

Analysts have raised their price target for Logitech International from $88.83 to $91.00, citing improved growth and profit margin forecasts as key drivers for the upward revision. What's in the News Launched the MX Master 4 mouse, which features haptic feedback, advanced software customization, improved connectivity, and design upgrades to support sustainability and business use (Key Developments).
Narrative Update Sep 26

Growing Video And Gaming Demand Will Sustain Future Upside

Logitech International's consensus price target increased as a result of a notably lower future P/E ratio and a slightly reduced discount rate, indicating improved earnings outlook and lower perceived risk, lifting the fair value to CHF88.83. What's in the News Logitech launched Signature Slim Solar+ K980 wireless keyboards powered by solar and artificial light, with a 10-year battery life, multi-device compatibility, and high sustainability credentials targeting both consumers and enterprise IT.
Analysis Article Sep 09

Logitech International (VTX:LOGN) Is Paying Out A Larger Dividend Than Last Year

The board of Logitech International S.A. ( VTX:LOGN ) has announced that it will be paying its dividend of $1.26 on the...
Narrative Update Aug 27

Growing Video And Gaming Demand Will Sustain Future Upside

Logitech International's fair value estimate was marginally raised to CHF84.80 as its forward P/E multiple declined significantly, while revenue growth forecasts held steady. What's in the News Logitech provided FY26 Q2 sales guidance of $1,145 million to $1,190 million, projecting 1%-5% constant currency sales growth and 3%-7% US dollar sales growth year-over-year.
Analysis Article Aug 25

Shareholders Would Enjoy A Repeat Of Logitech International's (VTX:LOGN) Recent Growth In Returns

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Aug 01

Logitech International S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

The quarterly results for Logitech International S.A. ( VTX:LOGN ) were released last week, making it a good time to...
Analysis Article Jul 30

Logitech International (VTX:LOGN) Has Announced That It Will Be Increasing Its Dividend To $1.26

The board of Logitech International S.A. ( VTX:LOGN ) has announced that it will be paying its dividend of $1.26 on the...
Analysis Article Jul 11

Logitech International (VTX:LOGN) Has Announced That It Will Be Increasing Its Dividend To $1.26

The board of Logitech International S.A. ( VTX:LOGN ) has announced that it will be paying its dividend of $1.26 on the...
User avatar
New Narrative Mar 11

AI Focus And B2B Expansion Will Strengthen Future Market Position

Design-led innovation and AI applications are expected to enhance product appeal and drive growth in high-end product lines.

Revenue & Expenses Breakdown

How Logitech International makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SWX:LOGN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 264,841711984316
31 Dec 254,766712962309
30 Sep 254,684661972308
30 Jun 254,614636978308
31 Mar 254,555632975309
31 Dec 244,556655960305
30 Sep 244,471700930300
30 Jun 244,412691896292
31 Mar 244,298612883287
31 Dec 234,247486869282
30 Sep 234,262381866275
30 Jun 234,353326884276
31 Mar 234,539365924281
31 Dec 224,809431998289
30 Sep 225,1725011,080298
30 Jun 225,3295591,142298
31 Mar 225,4816451,170292
31 Dec 215,7877621,233282
30 Sep 215,8229351,167261
30 Jun 215,7721,0621,068246
31 Mar 215,252947937226
31 Dec 204,426935761207
30 Sep 203,661670676196
30 Jun 203,124476644185
31 Mar 202,976450627178
31 Dec 192,891278603170
30 Sep 192,853273602167
30 Jun 192,824264591164
31 Mar 192,788258586161
31 Dec 182,756250576157
30 Sep 182,704218558151
30 Jun 182,645210544148
31 Mar 182,567209531144
31 Dec 172,485214524140
30 Sep 172,340230512138
30 Jun 172,272221498134
31 Mar 172,221206480131
31 Dec 162,142183455124
30 Sep 162,096154440121
30 Jun 162,050137425117
31 Mar 162,018128420113
31 Dec 152,030130425114
30 Sep 152,013129429112
30 Jun 151,970142425105

Quality Earnings: LOGN has high quality earnings.

Growing Profit Margin: LOGN's current net profit margins (14.7%) are higher than last year (13.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LOGN's earnings have declined by 4.8% per year over the past 5 years.

Accelerating Growth: LOGN's earnings growth over the past year (12.6%) exceeds its 5-year average (-4.8% per year).

Earnings vs Industry: LOGN earnings growth over the past year (12.6%) exceeded the Tech industry 3.5%.


Return on Equity

High ROE: LOGN's Return on Equity (32.2%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 10:13
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Logitech International S.A. is covered by 29 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guenther HollfelderBaader Helvea Equity Research
Dong WangBarclays
Andrew GardinerBarclays