Logitech International reported better-than-expected financial results for the first quarter of fiscal year 2026, with net sales growing 5% year-over-year in constant currency to $1.15 billion. The company's non-GAAP operating income reached $202 million, surpassing the analyst consensus forecast of $167.2 million.
Performance across key product categories was strong, with Video Collaboration leading with 13% sales growth, and Tablet Accessories and Webcams both seeing impressive 16% sales growth. Gaming sales increased 2%, with demand up 6%, and the company began gaining share in the Chinese gaming market.
Regionally, Asia Pacific demonstrated robust performance with 15% growth, driven by double-digit growth in China, and EMEA grew 9%. The company also generated $125 million in operating cash flow during the quarter, maintaining a strong liquidity position with $1.5 billion in cash.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.