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.