LOGITECH INTERNATIONAL SA

For the period ended Dec 31, 2024. Filed Jan 29, 2025.

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.

Dec 31, 2024 · Filed Jan 29, 2025

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 December 31,		Nine months ended December 31,
	2024	2023	2024	2023
Net sales	$1,340,294	$1,255,473	$3,544,545	$3,286,980
Cost of goods sold	763,403	726,252	2,010,411	1,937,367
Amortization of intangible assets	2,450	2,441	7,344	8,569
Gross profit	574,441	526,780	1,526,790	1,341,044
Operating expenses:
Marketing and selling	217,048	189,175	615,816	544,716
Research and development	77,973	72,704	229,485	211,822
General and administrative	42,117	39,711	123,748	116,546
Amortization of intangible assets and acquisition-related costs	2,637	2,276	8,065	8,279
Restructuring charges, net	110	839	725	2,562
Total operating expenses	339,885	304,705	977,839	883,925
Operating income	234,556	222,075	548,951	457,119
Interest income	12,176	12,826	42,603	34,508
Other income (expense), net	(1,524)	189	(2,889)	(13,827)
Income before income taxes	245,208	235,090	588,665	477,800
Provision for (benefit from) income taxes	45,061	(9,594)	101,202	33,272
Net income	$200,147	$244,684	$487,463	$444,528
Net income per share:
Basic	$1.33	$1.57	$3.20	$2.82
Diluted	$1.32	$1.55	$3.18	$2.80
Weighted average shares used to compute net income per share:
Basic	150,647	155,933	152,127	157,568
Diluted	151,895	157,440	153,506	158,843

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.