Logitech International SA announced that it expects to release its second quarter fiscal year 2027 financial results on Tuesday, October 27, 2026. The announcement comes as the Swiss hardware and software solutions provider prepares to update investors on its performance for the quarter ending in September.

The company stated that the results will be released at 1:00 pm Pacific Daylight Time (PDT) and 9:00 pm Central European Time (CET). This timing aligns with the company's standard reporting schedule, allowing market participants in both North America and Europe to react to the news during their respective trading hours or immediately after.

Conference call details

A videoconference will be held to discuss the results later that same day. The call is scheduled for 1:30 pm PDT and 9:30 pm CET. Investors and analysts can access a livestream of the event via the Logitech corporate website at ir.logitech.com.

Company profile

Logitech designs software-enabled hardware solutions intended to help businesses thrive and connect people when working, creating, and gaming. Founded in 1981, the company is listed on the SIX Swiss Exchange and the Nasdaq Global Select Market. Its mission focuses on extending human potential in work and play while maintaining environmental responsibility.

For further information, stakeholders may contact Kate Beerkens, Director of Investor Relations, or Bruno Rodriguez, Head of Corporate Communications.

Logitech International (NASDAQ: LOGI) reported first-quarter fiscal 2027 net sales of $1.2 billion, up 7% in US dollars and 5% in constant currency. This marks the company's 10th consecutive quarter of revenue growth.

Non-GAAP operating income rose 44% year over year to $290 million, driven by strong execution and a $61 million tariff refund. Excluding the refund, operating income was $229 million, up 14% year over year.

Financial Performance

The company’s gross margin rate, excluding the tariff reimbursement, expanded approximately 270 basis points year over year to 44.8%. This follows four consecutive quarters of gross margins above 43%. The expansion was supported by favorable currency exchange rates, product mix shifts toward premium lines, and product cost reductions.

Non-GAAP operating expenses were $320 million, or 26.1% of net sales, up about 150 basis points year over year due to higher investments in sales, marketing, and R&D. G&A remained flat at 2.8% of sales.

Segment and Regional Growth

Pointing devices led growth with net sales up 14% year over year, fueled by the MX Master 4 mouse. Video collaboration sales increased 9%, while gaming sales grew 9%, driven by double-digit growth in the Americas. Webcams and headsets declined due to soft demand in EMEA.

Regionally, the Americas grew 11%, Asia Pacific grew 5%, and EMEA declined 4%. The Middle East conflict impacted EMEA sales by approximately 400 basis points, though Logitech gained market share in Europe despite subdued market conditions.

What the Numbers Show

The divergence between reported and underlying profitability highlights the impact of non-recurring items. While total non-GAAP operating income jumped 44%, the core operational profit (excluding the $61 million tariff refund) grew at a more moderate 14%. This suggests that while operational execution improved, a significant portion of the headline profit surge was driven by the one-time refund rather than pure margin expansion from sales volume.

Outlook and Supply Chain Risks

Logitech expects Q2FY27 revenue to grow 0 to 3% in constant currency, with a gross margin rate of approximately 44%. This outlook accounts for a $20 million net sales impact from a semiconductor supplier incident in late June.

For the full fiscal year 2027, the company estimates the supplier incident could negatively impact third-quarter revenue by up to $200 million. Management expects the issue to be largely resolved by Q4. Full-year non-GAAP operating margin is expected to track near the high end of the 15 to 18% long-term target range.

Cash flow from operations increased more than 30% year over year. The company ended the quarter with a cash balance of $1.75 billion and returned approximately $150 million to shareholders via share repurchases.