Logitech International (LOGI) Earnings: Q2 Fiscal 2027 Results

The quarter ended September 30, 2026 and Logitech published the results on October 27, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. Logitech reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Logitech's fiscal year ends on March 31, so Q2 fiscal 2027 is the quarter ended September 30, 2026.
• Logitech reports one operating segment. The rows above are its product categories; Gaming includes Streamlabs streaming services revenue and Other is mainly mobile and PC speakers.
• Logitech received $61 million of refunds for IEEPA tariffs in fiscal 2027 and recorded all of it as a reduction of cost of goods sold in Q1 fiscal 2027, not in this quarter.

Source: Logitech Q2 fiscal 2027 results, October 27, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Logitech splits revenue in its own release, under its own labels, for Q2 fiscal 2027 against Q2 fiscal 2026. Indented lines are parts of the line above them.

• Logitech's Gaming revenue was $349 million in Q2 fiscal 2027, up 8% from $323 million in Q2 fiscal 2026, 29% of total revenue.
• Logitech's Keyboards & Combos revenue was $246 million in Q2 fiscal 2027, up 4% from $236 million in Q2 fiscal 2026, 20% of total revenue.
• Logitech's Pointing Devices revenue was $230 million in Q2 fiscal 2027, up 4% from $221 million in Q2 fiscal 2026, 19% of total revenue.
• Logitech's Video Collaboration revenue was $188 million in Q2 fiscal 2027, up 12% from $168 million in Q2 fiscal 2026, 15% of total revenue.
• Logitech's Webcams revenue was $75.6 million in Q2 fiscal 2027, down 9% from $83.3 million in Q2 fiscal 2026, 6% of total revenue.
• Logitech's Tablet Accessories revenue was $58.0 million in Q2 fiscal 2027, down 32% from $85.1 million in Q2 fiscal 2026, 5% of total revenue.
• Logitech's Headsets revenue was $46.1 million in Q2 fiscal 2027, up 6% from $43.5 million in Q2 fiscal 2026, 4% of total revenue.
• Logitech's Other revenue was $24.6 million in Q2 fiscal 2027, down 6% from $26.3 million in Q2 fiscal 2026, 2% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q2 fiscal 2027 release, Logitech said:

“Sales $1,360-$1,430 million”

“Non-GAAP operating income $220-$255 million”

“This range includes an estimated negative impact to net sales from the supplier incident of approximately $70 to $80 million.”

“We expect the impact of the supplier incident to be largely resolved by Q4.”

Source: Logitech Q2 FY27 release, Oct 27, 2026.

This is the company's own guidance as of Oct 27, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the LOGI forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS, each as first reported in that quarter's release. Q3, the October to December quarter, includes the holiday season and is the largest quarter in this table.

We do not hold a confirmed date for Logitech's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2027 (this page), reported Oct 27, 2026

Logitech's Q2 fiscal 2027 sales were $1,218.8 million, up 3% from $1,186.1 million and up 2% in constant currency. Gaming was the largest category at $349.3 million, up 8%, followed by Keyboards & Combos ($246.4 million, up 4%) and Pointing Devices ($230.4 million, up 4%). Video Collaboration grew 12% to $188.4 million. (Logitech Q2 FY27 release, Oct 27, 2026)

Tablet Accessories fell 32% to $58.0 million and Webcams fell 9%. Logitech's 10-Q attributes the quarter's growth mainly to Gaming, Video Collaboration and Keyboards & Combos, offset by the decline in Tablet Accessories. (Logitech Q2 FY27 release, Oct 27, 2026; Logitech Form 10-Q, Q2 FY27, Oct 28, 2026)

By region, Americas sales rose 13% to $524.3 million, Asia Pacific was flat at $339.4 million and EMEA fell 7% to $355.2 million. Logitech said EMEA was hurt by an overall market decline and the conflict in the Middle East, and Asia Pacific by a large education deal in the prior-year quarter and a supply shortage from the temporary closure of a supplier's facility. (Logitech Form 10-Q, Q2 FY27, Oct 28, 2026)

Logitech sells mostly through distributors, retailers and e-tailers. In fiscal 2026 Amazon and its affiliates accounted for 18% of gross sales, Ingram Micro for 14% and TD Synnex for 12%, and all three again exceeded 10% of gross sales in the quarter. Customers in the United States, China and Germany each made up 10% or more of sales. (Logitech Form 10-K, fiscal 2026, May 21, 2026; Logitech Form 10-Q, Q2 FY27, Oct 28, 2026)

One of Logitech's semiconductor component suppliers had a serious incident that closed its manufacturing facility in late June 2026. The facility reopened in September but is running below the capacity Logitech requires, and the 10-Q says this will continue to affect product availability in Q3 fiscal 2027. (Logitech Form 10-Q, Q2 FY27, Oct 28, 2026)

Logitech's GAAP diluted EPS was $1.25 and non-GAAP EPS $1.51. The gap is mostly share-based compensation, $28.5 million in the quarter, plus amortization of intangibles and acquisition-related costs, restructuring charges, gains on investments and a non-GAAP income tax adjustment. (Logitech Q2 FY27 release, Oct 27, 2026)

GAAP gross margin rose 150 basis points to 44.9%, which the 10-Q puts down to lower tariff costs, manufacturing diversification, favorable product mix and currency, partly offset by higher logistics costs. GAAP operating expenses rose to 28.4% of sales from 27.2%, so non-GAAP operating income was nearly flat at $230.9 million. The effective tax rate was 17.6%, against 15.9% a year earlier. (Logitech Q2 FY27 release, Oct 27, 2026; Logitech Form 10-Q, Q2 FY27, Oct 28, 2026)

Diluted shares fell to 143.8 million from 148.4 million. Logitech returned $406 million to shareholders in the quarter: its annual dividend of $235.3 million and $170.8 million of share purchases. (Logitech Q2 FY27 release, Oct 27, 2026; Logitech Form 10-Q, Q2 FY27, Oct 28, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Logitech gives a one-quarter outlook in its release. For Q3 fiscal 2027 it expects sales of $1,360 million to $1,430 million, a change of -4% to 1% in US dollars and -5% to 0% in constant currency, and non-GAAP operating income of $220 million to $255 million. (Logitech Q2 FY27 release, Oct 27, 2026)

Logitech said the range includes an estimated negative impact of about $70 to $80 million from the supplier incident, that it expects the supplier to resume full production by the end of the calendar year, and that it expects the impact to be largely resolved by Q4. It does not reconcile the non-GAAP operating income outlook to GAAP. (Logitech Q2 FY27 release, Oct 27, 2026)

A consensus figure is the average of the models published by the analysts who cover Logitech, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Logitech's own release and filings put weight on for Q2 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning LOGI is on is LOGI a buy or a sell?, what analysts expect next is on the LOGI forecast, and what the company does is on the Logitech International (LOGI) stock page.

Every number on this page can be traced to a document Logitech published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.