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%. 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.