Logitech reports 31 percent profit growth for first half of fiscal 2027
Logitech posted a net income of $416 million for the first half of fiscal year 2027. The company warned that semiconductor supply chain disruptions are expected to impact third-quarter performance.
Logitech released its financial results for the first half of fiscal year 2027, covering the period from April 1 to September 30, 2026. The company reported total revenue of $2.45 billion, a five percent increase year-over-year, while net income rose by 31.3 percent to $416 million.
During the second fiscal quarter, Logitech achieved $1.22 billion in revenue, marking its eleventh consecutive quarter of growth. Despite the top-line performance, the company reported a decline in operating cash flow for the half-year period, which fell 6.7 percent to $330 million.
Looking ahead to the third quarter, the company issued a revenue forecast of $1.36 billion. Management noted that a production incident at a semiconductor supplier is expected to result in a $70 million to $80 million negative impact on revenue, with recovery anticipated by the fourth quarter.