AI-extracted from the 10-Q filed 2026-07-29 — Q1 FY2027 (three months ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Logitech Q1 FY2027 net sales grew 7% to $1.23B with gross margin surging 780 bps to 49.5%, driven by $61M in tariff refunds and favorable currency, lifting net income 61% to $235.7M.
Biggest Revenue Drivers
Gaming$354.2M+12% YoY
Increase in sales of PC gaming mice (PRO X2 SUPERSTRIKE) and steering wheels.
Pointing Devices$227.3M+16% YoY
Driven by increase in wireless mice, particularly MX Master 4, and continued mix shift to premium products.
Biggest Revenue Drivers
Total revenue: $1,227.2M+7% YoY
Gaming$354.2M+12% YoY
Increase in sales of PC gaming mice (PRO X2 SUPERSTRIKE) and steering wheels.
Pointing Devices$227.3M+16% YoY
Driven by increase in wireless mice, particularly MX Master 4, and continued mix shift to premium products.
Video Collaboration$185.3M+11% YoY
Increase in sales of conference room cameras.
Keyboards & Combos$227.8M+2% YoY
Driven by increase in wireless keyboards, partially offset by decrease in wired keyboards.
Largest Expense Items
Cost of goods sold (excluding amortization)$616.4M-7% YoY
Reduced by $61M tariff refunds, favorable FX, improved product mix and product cost reduction, partially offset by strategic promotions.
Marketing and selling$219.7M+12% YoY
Increased by $23.9M primarily driven by strategic marketing investments across product portfolio.
Research and development$84.6M+13% YoY
Increased by $10.0M primarily driven by increased investment in product innovation.
General and administrative$43.5M+4% YoY
Remained relatively flat compared to prior year.
Watch Items from the Filing
Semiconductor supplier facility closure: In late June 2026, one critical semiconductor supplier experienced a serious incident resulting in temporary facility closure. Company expects material impact on ability to meet demand for certain products in Q2 and Q3 FY2027.
Customer concentration: Three customers each represented 10% or more of total consolidated gross sales for both three-month periods ended June 30, 2026 and 2025.
Geographic diversity: Approximately 52% of sales denominated in non-U.S. currencies; EMEA region declined 1% YoY, impacted by Middle East conflict and overall market weakness.
Tariff refund timing: Company received $61M total IEEPA tariff refunds, of which $15M in Q1 FY2027 and $46M subsequent to quarter end; U.S. tariff policies continue to evolve with new Section 301 tariffs effective July 24, 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Allan DonaldReporting ownerShares withheld for tax or exercise price · Sep 9, 2026
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Congress trading in LOGI
3 transactions in LOGI reported by 1 member of Congress under the STOCK Act, most recent trade Jul 10, 2023. Reported transactions, not recommendations.
About LOGITECH INTERNATIONAL S.A. (LOGI): stock profile, AI score and financials
LOGITECH INTERNATIONAL S.A. (LOGI) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores LOGI at 65.7/100 on a composite quality score built from its SEC filings, placing it at rank #461 of 2,925 stocks — the top 25% of the AI-ranked universe. Based on the latest XBRL financial filings (Q1 2027), LOGITECH INTERNATIONAL S.A. reports quarterly revenue of $1.2B, net income of $235.7M, an operating margin of 21.1%. Top institutional holders of LOGI by reported 13-F value include ACADIAN ASSET MANAGEMENT, UBS Group AG, MORGAN STANLEY, based on the most recent SEC filings. LOGI trades on the Nasdaq exchange and files with the SEC under CIK 1032975. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate LOGI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for LOGITECH INTERNATIONAL S.A. directly from SEC EDGAR.