Company Summary: Logitech International S.A.

Overview

• Founded: 1981
• Headquarters: Lausanne, Switzerland
• Stock Listings: SIX Swiss Exchange (Ticker: LOGN), Nasdaq Global Select Market (Ticker: LOGI)
• Website: www.logitech.com

Business Focus

Logitech designs and sells software-enabled hardware solutions that facilitate work, creation, gaming, and digital connection. The company's mission is to extend human potential in both work and play environments while being environmentally responsible.

Core Product Categories

• Gaming: Gaming mice, steering wheels, headsets, microphones, streaming tools (via Logitech G and Astro brands). Products include collaborations with esports professionals and streaming platforms, such as Streamlabs services.
• Keyboards & Combos: Wireless and corded keyboards, including premium (MX Keys series) and specialized (MX Creative Console for creatives).
• Pointing Devices: Mice (e.g., MX Master series, Signature M650), vertical mice (Lift), and basic mice for general use.
• Video Collaboration: Conference room solutions including:
  • ConferenceCams (Rally family, MeetUp, Tap, Rally Board)
  • Webcams (Brio series, MX Brio)
  • Companion devices like the Logitech Sight and Rally Board 65 touchscreen.
• Webcams: PC-based webcams for streaming and professional use.
• Tablet Accessories: Keyboard cases for iPads and Android tablets, including Rugged Combo, Combo Touch, and accessories like Logitech Crayon.
• Headsets: PC and video conferencing headsets, wireless earbuds, and in-ear headphones.
• Other: Portable wireless Bluetooth speakers (e.g., Wonderboom, Boom, Megaboom), PC speakers.

Customers and Market

• Customers: Retailers, e-tailers, enterprise clients, and direct consumers
• Regional Sales: The company sells globally across:
  • Americas (North and South America)
  • EMEA (Europe, Middle East, Africa)
  • Asia Pacific (including China, Japan, India, Korea, Taiwan)
• Customer Base: Broad, with no individual customer exceeding 10% of gross sales in FY2023, FY2024, or FY2025. Key partners include Amazon, Ingram Micro, and TD Synnex.

Sales and Revenue

• Total Revenue (FY2025): $4.55 billion (a 6% increase over FY2024)
• Revenue Growth (FY2024): 6% over FY2023
• Revenue by Region (FY2025):
  • Americas: +4%
  • EMEA: +9%
  • Asia Pacific: +6%
• Revenue by Product (FY2025):
  • Gaming: $1.34 billion (+9%)
  • Keyboards & Combos: $883 million (+7%)
  • Pointing Devices: $789 million (+6%)
  • Video Collaboration: $626 million (+3%)
  • Webcams: $316 million (-3%)
  • Tablet Accessories: $300 million (+18%)
  • Headsets: $180 million (+7%)
  • Other (speakers, mobile devices): $124 million (-15%)

Financial Highlights

• Gross Profit (FY2025): $1.96 billion
• Gross Margin: 43.1% (up 1.7 percentage points from FY2024)
• Net Income (FY2025): $631.5 million (slightly above FY2024’s $612.1 million)
• Operating Expenses (FY2025): $1.31 billion (up due to marketing and sales expenses)
• Income Tax Expense (FY2025): $75.3 million

Number of Employees

• Total Employees: Approximately 7,300 as of March 31, 2025
• Manufacturing Employees in China (Suzhou): About 2,300

Market Capitalization

• Market Value (as of May 8, 2025): Approximately $13.51 billion (market value of voting shares held by non-affiliates based on stock price at that date)

Shareholder and Dividend Information

• Shares Outstanding: 147,920,729 shares (as of May 8, 2025)
• Share Price (May 8, 2025): CHF 65.64 (~$79.34 USD)
• Dividends:
  • Most recent dividend (FY2024): CHF 1.16 (~$1.37 USD) per share, paid to shareholders on record as of September 24, 2024
  • Proposed Dividend (FY2025): CHF 1.26 (~$1.43 USD) per share, subject to shareholder approval at the 2025 Annual Meeting

Strategic and Operating Notes

• Focused on innovation in design-led, software-enabled hardware.
• Major markets include consumer retail and enterprise.

This summary reflects the company's core activities, financial results, employee count, customer base, and shareholder information based solely on provided documentation.