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Logitech Exceeds Quarterly Estimates as Business Demand Surges

  • Jul 30, 2025
  • 2 min read

Logitech International surpassed quarterly earnings expectations, driven by strong demand from businesses for its computer peripherals.


Modern office building with glass facade and Logitech logo, surrounded by landscaped greenery and a blue sky.
Credit: LOGITECH

The Swiss-U.S. company reported non-GAAP operating income of USD 202 million for the quarter ending in June, outperforming analyst forecasts of USD 167.2 million, according to Visible Alpha.


First-quarter sales rose to USD 1.15 billion, exceeding the expected USD 1.11 billion.


Pink keyboard, headphones, and mouse on a black desk. Monitor shows cityscape art. Modern tech setup with vibrant colors.
Credit: LOGITECH

The company attributed the growth to increased demand for computer mice, keyboards, audiovisual equipment for meeting rooms, and webcams, particularly from businesses upgrading their office setups.


Logitech sells about 40% of its products to businesses, schools, and hospitals, alongside its direct-to-consumer operations.


Chief Executive Officer Hanneke Faber said the company’s growth was driven by strategic priorities and strong demand, with particularly strong performance in the Asia-Pacific region.


Despite a 120-basis-point year-over-year drop in non-GAAP gross margin, Logitech said price increases in North America and cost-cutting efforts helped offset the impact of tariffs and promotional costs.


In April, the company raised prices in the United States by about 10% to counter tariffs imposed by the Trump administration.


Logitech is also shifting production out of China to reduce exposure to U.S. import duties. Currently, 40% of its U.S.-bound products are made in China, a figure it aims to cut to 10% by the end of 2025.


Production is being moved to Vietnam, Taiwan, Thailand, Malaysia, and Mexico through partnerships with contract manufacturers.


For the second quarter, Logitech expects sales to grow by 3% to 7%, reaching between USD 1.15 billion and USD 1.19 billion. It forecasts non-GAAP operating income between USD 180 million and USD 200 million.


In April, the company withdrew its financial guidance for the 2026 fiscal year, which ends in March, citing uncertainty from the global trade war.

  • Logitech reported USD 202 million in non-GAAP operating income, beating forecasts

  • First-quarter sales reached USD 1.15 billion, above expectations

  • Business demand for peripherals drove growth, especially in Asia-Pacific


Source: REUTERS

 
 
 

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