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Logitech Announces Q2 Fiscal Year 2025 Results

Logitech International today announced financial results for the second quarter of Fiscal Year 2025.
  • Sales were $1.12 billion, up 6 percent in US dollars and 6 percent in constant currency compared to Q2 of the prior year.
  • GAAP gross margin was 43.6 percent, up 210 basis points compared to Q2 of the prior year. Non-GAAP gross margin was 44.1 percent, up 210 basis points compared to Q2 of the prior year.
  • GAAP operating income was $161 million, up 3 percent compared to Q2 of the prior year. Non-GAAP operating income was $193 million, up 5 percent compared to Q2 of the prior year.
  • GAAP earnings per share (EPS) was $0.95, up 10 percent compared to Q2 of the prior year. Non-GAAP EPS was $1.20, up 10 percent compared to Q2 of the prior year.
  • Cash flow from operations was $166 million. The quarter-ending cash balance was approximately $1.4 billion.
  • The Company returned $340 million of cash to shareholders through its annual dividend payment and share repurchases.

Logitech Introduces Colorful POP Icon Keyboard and Mouse

Logitech announced the launch of POP Icon Keys, an innovative, eye-catching new keyboard designed to express yourself and boost productivity. POP Icon Keys personalizes the workspace with its bold design and features that marry style with unparalleled functionality.

"At Logitech, we believe you should get the style and design you want at your workspace without compromising on productivity and comfort," said Art O'Gnimh, general manager in the personal workspace division at Logitech. "POP Icon Keys delivers a brilliant typing experience and smart productivity shortcuts, in a carefully crafted standout design."

Logitech Releases MX Ink Mixed Reality Stylus for Meta Quest

Logitech announced the availability of MX Ink, the first Mixed Reality (MR) stylus specifically designed for Meta Quest. A precision tool with a familiar pen-like feel, MX Ink allows users to navigate, annotate and create freely across 2D spaces like papers, desks, or whiteboards, as well as immersive 3D environments. The pressure-sensitive tip of MX Ink enables natural writing and gaming motions, merging the tactile sensation of a physical tool with the limitless possibilities of the virtual creative space.

MX ink is currently supported by a wide range of applications across the creativity and productivity landscape, as well as in industries such as medicine, architecture, and education, with new applications being added regularly.

Logitech Launches MX Creative Console, Redefining Digital Creation and Unleashing Your Creative Potential

Logitech announced the launch of MX Creative Console, a new product category that allows digital creators to focus on their artistry. With instant access to essential controls and ultimate customization, the MX Creative Console streamlines workflows and automates repetitive tasks.

"Digital creativity is undergoing a massive transformation, constantly evolving the way people create. The MX Creative Console is designed to help people redefine their workflow, enabling them to work smarter and faster," said Anatoliy Polyanker, general manager of the MX Business Unit at Logitech. "With the latest additions to the Logitech MX Ecosystem, the MX Creative Console and recently-announced MX Ink, we are tapping into the key trends of democratizing digital creation, 3D design and spatial computing, and AI-enabled workflows."

Logitech G Announces Partnership With MOMO

Logitech G, a brand of Logitech and leading innovator of gaming and sim racing technologies and gear, announced today at Logi Play, a multi-year partnership with MOMO that includes the introduction of two new premium wheels: the SIM GT 320 and SIM GT-Racer 290 designed to the exact specifications of the latest Logitech G RS Wheel Hub. MOMO, the iconic Italian motorsports brand, has produced hand-crafted racing equipment for over sixty years for prestigious brands like Ferrari, Porsche, and Rolls Royce and racing legends such as Ayrton Senna and Michael Schumacher.

"We are proud to collaborate with Logitech G, bringing together the unmatched legacy of MOMO in motorsports with the cutting-edge innovation of Logitech G. This union of two excellence-driven brands is poised to set a new standard for sim racers, delivering a product that is deeply rooted in racing tradition yet perfectly crafted for modern-day competition," said Massimo Ciocca, CEO of MOMO S.r.l.

Logitech G Introduces the G915 X Series - The Most Advanced Low-Profile Gaming Keyboard Ever Built

Logitech G, a brand of Logitech and leading innovator of gaming technologies and gear, announced today at Logi Play the Logitech G915 X Gaming Keyboard. Standing at an incredible 23 mm high, this is one of the Company's thinnest low-profile wireless gaming keyboards. Combining the latest gaming technology with a meticulously crafted design and premium materials, the new G915 X is a flagship gaming keyboard with a sleek and modern aesthetic and a premium gaming experience for the most discerning gamers and high-end users.

"When the G915 LIGHTSPEED keyboard was released in 2019, it was a revolutionary and award-winning gaming keyboard that introduced many players to the joys of low-profile gaming. Since then, we have listened carefully to our G915 customers on what enhancements they would like to see in the next generation, and today we're excited to announce G915 X, with the features players love and the improvements most requested," said Arnaud Perret-Gentil, Head of PC Gaming, Logitech G.

Logitech G Launches the Next Generation of PRO Series Mice and Keyboard

Logitech G, a brand of Logitech, announced at Logi PLAY the launch of its latest PRO Series gear, designed to meet the demands of elite esports athletes and competitive gamers. The new lineup includes the PRO X SUPERLIGHT 2 DEX Gaming Mouse, the PRO 2 LIGHTSPEED Gaming Mouse, and the PRO X TKL RAPID Gaming Keyboard.

"We pour a lot into our PRO Series products, focusing on innovations that deliver immediate performance gains by forming deep partnerships with pros to meet their exacting needs. This research and design practice not only allows us to identify and create product breakthroughs but also serves as a performance test bed that ultimately serves the entire gaming community," said Chris Pate, Head of PRO Series Product Development at Logitech G. "With our new PRO X SUPERLIGHT 2 DEX, our new ambidextrous PRO 2 LIGHTSPEED, and our first magnetic analog rapid trigger keyboard, the PRO X TKL RAPID, we're meeting gamers' needs for the highest performance gear possible."

Logitech G Unveils ASTRO A50 Gen 5, Now Featuring PLAYSYNC Audio

Logitech G, a brand of Logitech and leading innovator of gaming technologies and gear, introduced today at Logi Play the Logitech G ASTRO A50 5th Generation Wireless Gaming Headset and Base Station. It joins its bigger brother, the A50 X, to form the new A50 family of high-performance gaming headsets with advanced feature sets for multi-platform gamers.

The A50 Generation 5, now with PLAYSYNC AUDIO, is based on the same architecture as our award-winning A50 X, offering a streamlined and versatile feature set tailored for multiplatform gamers. The new PLAYSYNC AUDIO feature is designed specifically for players who want to use USB for seamless audio switching between console and PC platforms and don't require HDMI video switching.

Logitech G Unveils Racing Series, Setting a New Standard in Sim Racing

Logitech G, a brand of Logitech and leading innovator of gaming technologies and gear, announced today at Logi Play the new Racing Series, marking an important milestone in Logitech G's simulation racing heritage. The Racing Series brings unprecedented innovation and customization to drivers, letting them fine-tune their gear setup and equipment levels to match their driving style.

"We've heard from numerous sim racers that their setup should mirror the car they're driving, whether it's tackling gravel in a rally car, drifting with burning rubber, or navigating an open-wheeler with precision," said Richard Neville, head of SIM product engineering, Logitech G. "Each of these disciplines requires distinct steering input styles to achieve peak performance and the best feel, which is why the steering wheel shapes in these vehicles vary greatly. We developed the RS system specifically for motorsport enthusiasts who want to play their way."

Logitech G Introduces the Official Gaming Gear of the Genshin Impact Adventure

Logitech G, a brand of Logitech and leading innovator of gaming technologies and gear, in partnership with the world's popular open-world adventure role-playing game, Genshin Impact, announced at Logi Play a multi-year global partnership that starts with the introduction of the official Genshin Impact PC gaming gear collection.

This global partnership will unite two leading brands with a shared love of gaming, capabilities, and passion for play to deliver several exciting product and gaming collaborations. The partnership also includes a multi-year roadmap for future product collaborations, promising many more exciting releases to come.

Ultimate Ears Unveils MINIROLL, an Ultra-Light Portable Speaker With Strap

Ultimate Ears, a brand of Logitech, today announced the addition of MINIROLL to its portable BluetoothⓇ speaker portfolio. The new speaker features a hookable silicone strap for quick and secure attachment to a bike, boat, bag, or even belt loop. With its compact size, lightweight build, and river rock-inspired design, MINIROLL is a go-anywhere speaker that can accompany users from one activity to the next, enabling a seamless audio experience along the way.

"MINIROLL started with a consumer ask. We heard our fans loud and clear: they wanted a speaker that could strap in and go anywhere to keep up with their active lifestyles," said Jonah Staw, general manager of Ultimate Ears. "This led our design and engineering teams to build our most portable speaker, showing how passionate consumers can drive innovation."

Logitech Announces Q1 Fiscal Year 2025 Results

Logitech International today announced financial results for the first quarter of Fiscal Year 2025.
  • Sales were $1.1 billion, up 12 percent in US dollars and 13 percent in constant currency, compared to Q1 of the prior year.
  • GAAP operating income was $153 million, up 96 percent, compared to Q1 of the prior year. Non-GAAP operating income was $182 million, up 67 percent, compared to Q1 of the prior year.
  • GAAP earnings per share (EPS) was $0.92, up 136 percent compared to Q1 of the prior year. Non-GAAP EPS was $1.13, up 74 percent compared to Q1 of the prior year.
  • Cash flow from operations was $176 million, down 27 percent compared to Q1 of the prior year.
"We started the new fiscal year strong, with high-quality, broad-based growth across all regions and key categories," said Hanneke Faber, Logitech chief executive officer. "Our team continued disciplined execution, as evidenced by excellent gross and operating margin growth. I am pleased to increase our FY25 outlook for both net sales and non-GAAP operating income."

Logitech G Launches New G309 LIGHTSPEED Wireless Gaming Mouse

Logitech G, a brand of Logitech and leading innovator of gaming technologies and gear, announced the Logitech G309 LIGHTSPEED Wireless Gaming Mouse, a premium designed mouse with dual-wireless connectivity, precision tracking and reliable performance in a newly designed form factor for all. Gamers know their gear needs to deliver performance, comfort, and reliability to play at their best. In gaming mice, that means wireless performance with low latency, precision control, and seamless synchronization with movements, particularly given the tempo and agility required.

"For years, we have been committed to evolving our LIGHTSPEED technology and innovation so that everyone from esports pros to new gamers can enjoy wireless gameplay," said Ujesh Desai, vice president and general manager of Logitech Gaming. "Our LIGHTSPEED technology, in conjunction with our HERO sensors, has advanced to the point where all gamers, from the world's elite esports pros athletes to the first time gamer, know they can trust Logitech G mice to perform every time. With the G309 LIGHTSPEED, we have brought the same top-of-the-line technology, including HERO 25K sensor, POWERPLAY compatibility, and LIGHTSPEED wireless - all at a price point that is affordable to most."

Logitech G Announces G515 Lightspeed TKL Gaming Low-profile Keyboard

Today, Logitech G, a brand of Logitech and leading innovator of gaming technologies and gear, announced the G515 LIGHTSPEED TKL Wireless Gaming Keyboard, a keyboard that offers advanced technologies and high-performance features in a low-profile, modern design. Low-profile keyboards provide a cleaner, more aesthetically pleasing look and deliver a high-performance typing experience. The G515 enables a more efficient and comfortable typing experience by combining low-profile switches with a slimmer design.

"With the iconic G915 gaming keyboard, Logitech G delivered a first-of-its-kind low-profile keyboard renowned for its exceptional quality, top-tier performance, and premium design features. With the G515 low-profile design, we have pushed the boundaries even further," said Arnaud Perret-Gentil, Head of PC Gaming, Logitech G. "With the G515, we've maintained the sleek design while also including our latest technology innovations, such as LIGHTSPEED, LIGHTSYNC, and KEYCONTROL, to give gamers an advanced and high-performance gaming keyboard experience."

Logitech Announces Keys-To-Go 2, Ultra-Portable Wireless Keyboard

Logitech today has unveiled its Keys-To-Go 2, an ultra-portable wireless keyboard designed for tablets, mobile devices and laptops. It features a built-in cover to protect it from damage or spills, while the slim, lightweight design makes this keyboard easy to pack and go. Tailored for mobile computing, Keys-To-Go 2 is multi-OS compatible, so users can effortlessly work, learn, and create from any device, any location, at any time.

"In today's fast-paced world, staying productive while on-the-go is essential," said Joseph Mingori, general manager of mobile solutions and partnerships at Logitech. "We understand the challenges that mobile professionals face and their desire to find solutions that allow them to carry less and do more from anywhere. Keys-To-Go 2 is a highly-personal device that creates an ideal workspace, wherever your workspace may be."

Logitech Expands Designed-for-Mac Peripherals Portfolio

Logitech today announced a new lineup of Logi for Mac products aimed at enhancing the experience for Mac users while enabling more sustainable lifestyles without compromise. Adding in the latest MX series and ergonomic innovations, the lineup includes MX Keys S for Mac, MX Keys S Combo for Mac, MX Anywhere 3S for Mac, MX Keys Mini for Mac (in Space Gray), and Ergo Series Wave Keys for Mac, a new ergo keyboard. These solutions are tailored to improve performance, productivity and comfort at the desk, catering to the diverse needs of users across macOS and iPadOS with dedicated macOS keyboard layouts and colors that complement the Apple ecosystem.

"Logitech is committed to delivering innovative, user-centric solutions that seamlessly integrate with the Apple ecosystem and are designed with sustainability in mind," said Delphine Donné, vice president and general manager of Personal Workspace Solutions at Logitech. "With a focus on optimizing workflow, productivity, and comfort, our Designed for Mac portfolio empowers Apple users to unleash their creative potential and enjoy day-long comfort at the desk without sacrificing Mac compatibility and look."

Thermaltake Debuts the GR500 Racing Simulator Cockpit and the Triple Racing Monitor Stand

Thermaltake, a leading PC DIY brand for premium hardware solutions, is proud to announce that the GR500 Racing Simulator Cockpit and the Triple Racing Monitor Stand are now ready for purchase. Moving beyond the conventional PC gaming setup, racing simulators redefine the gaming environment allowing you to feel like you are driving a racing car on a real racetrack in an indoor entertainment space easily. Create your simulators with the Thermaltake racing ecosystem, or take it one step further and match them with a VR headset like the Meta Quest 3, fully immersing the thrill of fast and furious racing!

GR500 Racing Simulator Cockpit
Thermaltake GR500 Racing Simulator Cockpit is designed for racing enthusiasts to experience authentic feel of racing. It comes with a racing-like bucket design and is made with a fiberglass seat, ensuring a premium seating experience. The adjustable seat allows you to glide forward & back, and recline, providing an ideal driving position for long gaming hours. The GR500 is crafted with a sturdy aluminium profile, steel structure, and anti-tip bracket, guaranteeing stability and safety. To make your racing simulator sleek, the base of the GR500 features RGB Lighting Strips including 20 lighting effects. If you switch to Rhythm Pickup mode, the lighting can even dynamically change with music. Additionally, Thermaltake GR500 has universal hardware compatibility that supports mainstream wheels, gear shifters, and pedals from Logitech, Fanatec, Thrustmaster, and more, allowing you to build an ideal racing simulator with high customization.

Logitech Combo Touch Available for the new iPad Air and iPad Pro

Today Logitech announced that a new Logitech Combo Touch is now available with the redesigned new iPad Air and thin and light new iPad Pro. Made with sustainable and premium materials, the new Combo Touch models are the thinnest and lightest models yet, taking portability to the next level and allowing users to be productive from anywhere. Combo Touch, a leading keyboard case for the new iPad Air and iPad Pro, offers unparalleled versatility and features a detachable keyboard and flexible kickstand, enabling multiple use modes and swift task transitions. Easily type, sketch, view, read and more, from anywhere. The largest Multi-Touch trackpad yet (on a Combo Touch), ensures intuitive and precise input and navigation.

"The Combo Touch has long captured the hearts of our users, and with the introduction of the redesigned iPad Air and new iPad Pro, we've taken its valued features to new heights," said Joseph Mingori, general manager of Mobile Solutions and Partnerships in Personal Workspace Solutions at Logitech. "Our commitment to enhancing the user experience has led us to develop a highly portable Combo Touch, designed to seamlessly blend premium quality with uncompromised functionality. Enjoy the ultimate freedom to work and play from any location, effortlessly."

NVIDIA GeForce NOW Gets Improved Support for Steam Deck and 25 New Games

GeForce NOW brings 24 new games for members this month. Ninja Theory's highly anticipated Senua's Saga: Hellblade II will be coming to the cloud soon - get ready by streaming the first in the series, Hellblade: Senua's Sacrifice, part of the seven new games joining the GeForce NOW library this week. Plus, game across more devices than ever as GeForce NOW adds improved support on Steam Deck this GFN Thursday.

Journey into Viking Hell
Experience exceptional storytelling in Ninja Theory's award-winning game Hellblade: Senua's Sacrifice, available to stream from the cloud this week. Set in a dark fantasy world inspired by Norse mythology and Celtic culture, the game follows the journey of Senua, a Pict warrior. Her quest is to reach Helheim, the realm of the dead, to rescue her deceased lover's soul from the goddess Hela. Solve intricate puzzles with observation, engage in melee combat and get pulled deep into Senua's mind as she grapples with inner demons. Journey through the hauntingly beautiful landscapes of Helheim with ray tracing and high-dynamic range using an Ultimate or Priority membership for the most immersive and stunning visual fidelity.

Logitech G Celebrates the 10th Anniversary of the Iconic G502 Gaming Mouse

Today, Logitech G, a brand of Logitech and leading innovator of gaming technologies and gear, is celebrating the 10th anniversary of the legendary G502 gaming mouse. In its first decade, the G502 became beloved by the gaming community for delivering unrivaled performance, innovative technologies, and unparalleled design breakthroughs for maximum comfort and incredible responsiveness, becoming the world's best-selling gaming mouse, with more than 21 million mice sold since its launch.

"The G502 has been my go-to mouse for years, and it's the perfect balance for me when it comes to getting some extra buttons while not overwhelming me. This mouse is extremely comfortable to use for extended periods of time. The G502 has a sleek and cool-looking design. It has always been an incredible go-to for gamers who want a couple of extra, easy-to-reach buttons and a smooth experience that allows them to game without interruption!" said Meg Kaylee, a popular gaming streamer and producer who has been using a G502 since 2019.

Logitech Announces Q4 and Full Fiscal Year 2024 Results

Logitech International today announced financial results for the fourth quarter and full Fiscal Year 2024 ended March 31, 2024.

For Q4 Fiscal Year 2024:
  • Sales were $1.01 billion, up 5 percent in US dollars and 5 percent in constant currency, compared to Q4 of the prior year.
  • GAAP operating income was $130 million, up 235 percent, compared to Q4 of the prior year. Non-GAAP operating income was $159 million, up 93 percent, compared to Q4 of the prior year.
  • GAAP earnings per share (EPS) was $1.07, up 312 percent compared to Q4 prior year. Non-GAAP EPS was $0.99, up 98 percent compared to the prior year.
  • Cash flow from operations was $239 million, up 10 percent compared to Q4 of the prior year.
For Fiscal Year 2024:
  • Sales were $4.30 billion, down 5 percent in US dollars and 6 percent in constant currency, compared to the prior year.
  • GAAP operating income was $587 million, up 28 percent compared to the prior year. Non-GAAP operating income was $699 million, up 19 percent compared to the prior year.
  • GAAP earnings per share (EPS) was $3.87, up 74 percent compared to the prior year. Non-GAAP EPS was $4.25, up 32 percent compared to the prior year.
  • Cash flow from operations was $1.1 billion, up 114 percent compared to the prior year. The year-ending cash balance was more than $1.5 billion. The Company returned $686 million of cash to shareholders through its annual dividend payment and share repurchases.

Logitech G Unveils the PRO X 60 Gaming Keyboard Featuring Keycontrol Technology

Today, Logitech G, a brand of Logitech and leading innovator of gaming technologies and gear, announced the Logitech G PRO X 60 LIGHTSPEED Gaming Keyboard, a compact, professional-grade keyboard that liberates valuable space to meet the evolving needs of pro-gamers.

Pro esports athletes demand the absolute best equipment to improve their competitive play. The 60 percent keyboard form factor has become increasingly popular among pros because it leaves more space for the dynamic mouse movements required for pro-level FPS competition. A 60 percent keyboard is easier to position perfectly for maximum performance, easily fitting into their competition space, and it's also easier for players to carry to and from tournaments.

Logitech Unveils Signature Slim Keyboard and Combo to Seamlessly Flow Between Work and Life at the Desk

Today Logitech introduced the Signature Slim K950 Wireless Keyboard, Signature Slim Combo, and Signature Slim Combo for Business, designed to simplify the experience across personal and work computers. For people with a single workspace for both professional and personal tasks, the Signature Slim products are beautifully designed solutions that look good in the home or office. With more features than typical entry-level keyboards and time-saving software customization, this keyboard creates a seamless, magical experience to manage work and life at the desk.

"We created the Signature Slim keyboard as the perfect companion to the Signature mouse we introduced two years ago to help the many people who juggle work, life and everything in between," said Art O'Gnimh, general manager of the Core Personal Workspace Solutions business at Logitech. "Signature Slim helps you stay in control of professional and personal worlds, connecting effortlessly to both your home and work computers."

New Logitech Mevo Core 4K Camera Enables Seamless Wireless Live Streaming of Any Event, Anywhere

Today, Logitech International introduced Mevo Core, the next generation live streaming camera in the Mevo ecosystem. Mevo Core is a new intuitive 4K camera, built for live streaming and content creation, which can be fully controlled from a smartphone or tablet. Featuring a compact, sleek design with versatile mounting options, Mevo Core's interchangeable lens design gives streamers the freedom to accomplish high-quality results every time.

"We are on a journey to democratize live content creation for everyone at any skill level. Mevo Core embodies this value by bringing beautiful 4K DSLR level quality but with a fraction of the complexity of a traditional camera," said Otto Cedeno, head of Mevo. "Every single aspect, from adjusting the optical zoom, to setting the right focus are simple taps, making it an incredibly accessible pro-level camera, even for beginners."

Logitech G Pro X Superlight 2 Gets 4 kHz Response Rate Upgrade

Logitech's G PRO X SUPERLIGHT 2 wireless gaming mouse arrived last September with an MSRP of $159—at the time, cutting-edge peripheral enthusiasts were expecting a mighty upgrade over the ultra popular 2020 iteration. TPU's resident mouse guru—pzogel—had a "hard time making a case for the Pro X Superlight 2," when comparing it to the preceding model. Additionally, the Superlight 2's closest rival—Razer's Viper V2 Pro when combined with their 4K HyperPolling Wireless Dongle—was deemed technologically superior. A November 2023 leak revealed that Logitech was readying an intriguing firmware update—the Superlight 2 was set to be upgraded with a 4 kHz report rate mode.

The launch specification of 2 kHz (maximum) was a disappointing aspect, considering that many cheaper alternatives had already rolled out with higher polling rates (via external dongles). Logitech's latest G HUB software update brings good news for PRO X Superlight 2 users: "we are excited to share a new firmware update for your mouse that will increase your report rate to 4 kHz for free. Once you update the firmware, you'll be able to access the higher report rate in G HUB using your existing wireless dongle. For more information, visit our YouTube channel for an update from Chris Pate." In TPU's late October review, pzogel noted that the 2000 Hz rate: "comes at a price, which is reduced battery life." We hope to see a revisit with the newly implemented 4000 Hz mode tested out.
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