LOGITECH INTERNATIONAL S.A.
LOGI · Computer Peripheral Equipment, NEC · 143.5M shares · -2%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $421M (gross $504M, SBC $83M)
Reference price $120.61 · est. market cap ~$17.3B — last insider sale, 2025-10-31 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B80Peripherals leader with strong margins, top-tier returns, and free cash flow on a debt-free balance sheet.
Strengths
- Strong margins and returns — operating margin 16.0% (87th), ROA 18.5% (100th), ROE 32.2% (87th)
- Strong FCF, debt-free — FCF $975.6M (83rd), current ratio 2.22
- Steady growth — revenue +6.3%, net income +12.6%
Risks
- Consumer-hardware demand cyclicality — per 10-K
- Competitive/counterfeit risk per risk factors — per 10-K
- Modest growth — per 10-K
Notable findings
- Strong balance sheetStrong balance sheet — $1.7B cash & investments
- Revenue declineRevenue -23.6% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
43.2%
Operating margin
16.0%
Net margin
14.7%
Return on equity
32.2%
Return on assets
18.5%
Revenue growth (QoQ)
-23.6%
Net-income growth
12.6%
Current ratio
2.2×
Free cash flow
$976M
Tangible book value
$1.7B
Cash & investments
$1.7B
Stock comp / revenue
2.3%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-15 | Harnett Samantha | Grant | 47K | — |
| 2026-05-15 | Harnett Samantha | Tax withheld | 23K | $102.99 |
| 2026-04-15 | Anversa Matteo | Grant | 9.0K | — |
| 2026-04-15 | Harnett Samantha | Grant | 5.8K | — |
| 2026-03-15 | Anversa Matteo | Tax withheld | 3.2K | $92.75 |
| 2026-03-15 | Anversa Matteo | Tax withheld | 3.2K | $92.75 |
| 2026-02-15 | Faber Johanna W. | Tax withheld | 7.4K | $89.01 |
| 2026-01-30 | Faber Johanna W. | Grant | 100 | $72.96 |
| 2025-10-31 | Montgomery Neela | Sell | 5.8K | $120.61 |
| 2025-09-16 | Arunkundrum Prakash | Option exercise | 5.0K | $38.65 |
| 2025-09-16 | Arunkundrum Prakash | Sell | 5.0K | $111.03 |
| 2025-09-09 | LAO MARJORIE | Grant | 2.3K | — |
| 2025-09-09 | Zahnd Sascha | Grant | 2.3K | — |
| 2025-09-09 | Thomas Deborah | Grant | 2.3K | — |
| 2025-09-09 | Ng Kwok Wang | Grant | 2.3K | — |
| 2025-09-09 | Montgomery Neela | Grant | 2.3K | — |
| 2025-09-09 | Mahoney Owen | Grant | 2.3K | — |
| 2025-09-09 | Jones Christopher Richardson | Grant | 2.3K | — |
| 2025-09-09 | GECHT GUY | Grant | 2.3K | — |
| 2025-09-09 | Bugnion Edouard | Grant | 2.3K | — |
| 2025-09-09 | Allan Donald | Grant | 2.3K | — |
| 2025-09-09 | Mahoney Owen | Grant | 377 | $107.66 |
| 2025-09-04 | Arunkundrum Prakash | Option exercise | 5.0K | $38.65 |
| 2025-09-04 | Jones Christopher Richardson | Tax withheld | 841 | $106.04 |
| 2025-09-04 | GECHT GUY | Tax withheld | 840 | $106.04 |
| 2025-09-04 | Bugnion Edouard | Tax withheld | 158 | $106.04 |
| 2025-09-04 | Becker Wendy | Tax withheld | 831 | $106.04 |
| 2025-09-04 | Allan Donald | Tax withheld | 840 | $106.04 |
| 2025-09-04 | Arunkundrum Prakash | Sell | 9.9K | $105.00 |
| 2025-09-04 | Arunkundrum Prakash | Sell | 9.9K | $105.00 |
| 2025-09-04 | Zahnd Sascha | Tax withheld | 157 | $106.04 |
| 2025-09-04 | Thomas Deborah | Tax withheld | 834 | $106.04 |
| 2025-09-04 | Ng Kwok Wang | Tax withheld | 153 | $106.04 |
| 2025-09-04 | Montgomery Neela | Tax withheld | 840 | $106.04 |
| 2025-09-04 | Mahoney Owen | Tax withheld | 839 | $106.04 |
| 2025-09-04 | LAO MARJORIE | Tax withheld | 839 | $106.04 |
| 2025-07-31 | Arunkundrum Prakash | Grant | 61 | $78.95 |
| 2025-07-31 | Faber Johanna W. | Grant | 79 | $78.95 |
| 2025-02-15 | Harnett Samantha | Tax withheld | 6.3K | $105.06 |
| 2025-02-15 | Arunkundrum Prakash | Tax withheld | 7.9K | $105.06 |
| 2025-02-15 | Faber Johanna W. | Tax withheld | 9.4K | $94.36 |
| 2025-02-15 | Harnett Samantha | Grant | 15K | — |
| 2025-02-15 | Arunkundrum Prakash | Grant | 18K | — |
| 2025-02-03 | Harnett Samantha | Sell | 300 | $96.60 |
| 2025-01-31 | Arunkundrum Prakash | Grant | 218 | $74.55 |
| 2025-01-31 | Faber Johanna W. | Grant | 97 | $74.55 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-K | 2026-05-21 | 2026-03-31 | 0001032975-26-000021 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0001032975-26-000014 ↗ |
| 10-Q | 2026-01-28 | 2025-12-31 | 0001032975-26-000011 ↗ |
| 8-K | 2026-01-27 | 2026-01-27 | 0001032975-26-000006 ↗ |
| 8-K | 2025-11-14 | 2025-11-14 | 0001032975-25-000085 ↗ |
| 10-Q | 2025-10-29 | 2025-09-30 | 0001032975-25-000080 ↗ |
| 8-K | 2025-10-28 | 2025-10-28 | 0001032975-25-000076 ↗ |
| 8-K | 2025-10-02 | 2025-10-01 | 0001032975-25-000071 ↗ |
| 8-K | 2025-09-19 | 2025-09-18 | 0001032975-25-000068 ↗ |
| 8-K | 2025-09-09 | 2025-09-09 | 0001032975-25-000065 ↗ |
| 8-K | 2025-08-27 | 2025-08-26 | 0001032975-25-000062 ↗ |
| 10-Q | 2025-07-30 | 2025-06-30 | 0001032975-25-000059 ↗ |