Logitech Q1 sales rise 7% to $1.23 billion; supplier incident clouds outlook
Logitech reported fiscal first-quarter 2027 sales of $1.23 billion, up 7% from a year earlier, and GAAP EPS of $1.63, up 66%, with results including $61 million in tariff refunds. The company guided second-quarter sales to $1,185 million to $1,220 million and said a late-June 2026 closure at a semiconductor supplier's plant could cut Q3 net sales by up to $200 million, which matters to shareholders because it threatens near-term revenue even as reported profit rose.
Key points
- Q1 FY27 net sales $1.23 billion, up 7% in US dollars and 5% in constant currency
- GAAP EPS $1.63, up 66%; non-GAAP EPS $1.85, up 47%; both include $61 million in tariff refunds
- Q2 FY27 outlook: sales $1,185 million to $1,220 million, growth of 0% to 3%, non-GAAP operating income $185 million to $210 million
- Supplier incident expected to reduce Q3 net sales by up to $200 million and to be largely resolved by Q4
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.