LOGITECH INTERNATIONAL SA

For the period ended Sep 30, 2024. Filed Oct 24, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Oct 24, 2024

LOGI$98.01+0.5%Stored close · as of Nov 10, 2026

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Contents

Item 1. Financial Statements (Unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

	Three months ended September 30,		Six months ended September 30,
	2024	2023	2024	2023
Net sales	$1,116,034	$1,057,008	$2,204,251	$2,031,507
Cost of goods sold	627,491	615,403	1,247,008	1,211,115
Amortization of intangible assets	2,452	2,983	4,894	6,128
Gross profit	486,091	438,622	952,349	814,264
Operating expenses:
Marketing and selling	201,863	176,356	398,768	355,541
Research and development	76,205	68,559	151,512	139,118
General and administrative	44,173	35,538	81,631	76,835
Amortization of intangible assets and acquisition-related costs	2,725	3,318	5,428	6,003
Restructuring charges (credits), net	229	(1,788)	615	1,723
Total operating expenses	325,195	281,983	637,954	579,220
Operating income	160,896	156,639	314,395	235,044
Interest income	14,637	11,856	30,427	21,682
Other income (expense), net	533	(1,044)	(1,365)	(14,016)
Income before income taxes	176,066	167,451	343,457	242,710
Provision for income taxes	30,583	30,334	56,141	42,866
Net income	$145,483	$137,117	$287,316	$199,844
Net income per share:
Basic	$0.95	$0.87	$1.88	$1.26
Diluted	$0.95	$0.86	$1.86	$1.25
Weighted average shares used to compute net income per share:
Basic	152,460	157,911	152,875	158,385
Diluted	153,672	158,934	154,320	159,545

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.