Logitech in Switzerland: Net profit and revenue up in 2024-2025

Post on: 30.04.2025

The Swiss-US group Logitech, a leading manufacturer of computer accessories such as mice, keyboards and webcams, closed the 2024-2025 financial year with growing results. Revenue reached 4.55 billion dollars (equivalent to 3.76 billion Swiss francs), an increase of 6% compared to the previous year, rising to 7% at constant exchange rates.

Positive financial results

The profit Non-GAAP operating income rose 11% to $$775 million, while strong earnings per share> reached $$4.84, up 14%. These figures do not follow GAAP (Generally Accepted Accounting Principles) criteria, but still reflect a solid profitability recognized by the market.

According to CEO Hanneke Faber, it was an exceptional year for Logitech in Switzerland and worldwide, with sales growing in all geographies and a gain in terms of of market shares. The director emphasized the importance of the strategic priorities that have guided the company, keeping it competitive in an uncertain global environment.

Fourth quarter subdued, but earnings above expectations

In the fourth quarter alone, revenue stood at $1.01 billion, up 2% at constant rates. However, operating profit fell 19% to $106 million, while non-GAAP declined 16% to $133 million. Despite this, non-GAAP net income of $140 million beat analysts' forecasts, who expected $133 million.

Expectations for revenue for the quarter were slightly higher ($1.045 billion), but strong earnings gave investor confidence.

No forecast for 2025-2026

At the beginning of April, Logitech had confirmed its full-year 2024-2025 revenue target (between $4.54 billion and $4.57 billion), but withdrew its 2025-2026 forecast due to global uncertainty, particularly related to the trade war between the United States and China.

The company Logitech said it is ready to contain the impact of tariffs through flexible production and measures such as price increases and cost optimization.

For the first quarter of the new financial year, Logitech expects revenue in the range of $1.10 billion to $1.15 billion, up between 1% and 6%, with non-GAAP operating income between $155 million and $185 million.

Growth and resilience for Logitech in Switzerland

Despite global economic uncertainties, Logitech in Switzerland confirms its strength, with a strategy focused on innovation and the ability to adapt to market conditions. The company remains optimistic about future prospects, keeping a close eye on the evolution of consumption and international markets.

About Logitech

Logitech is a Swiss-American company specializing in the design and manufacture of computer accessories and digital devices, such as: Mouse, Keyboards, Webcam, Headphones, Joystick, Speaker, Gaming & Video Conferencing Accessories

Founded in 1981 in Apples, in the Canton of Vaud (Switzerland), from Daniel Borel, Pierluigi Zappacosta and Giacomo Marini, Logitech then moved part of its operations to California, becoming a multinational company with dual headquarters: Lausanne (Switzerland) and Newark (United States).

Today it is known globally for the quality of its products and for innovation in design and technology, with a particular focus on environmental sustainability and user experience. It operates in more than 100 countries.