Business · Companies · 6 hrs ago
Logitech beats expectations in second quarter as supplier disruption eases
Logitech’s second-quarter results beat expectations for operating profit and gross margin, despite a supplier disruption.
Revenue rose 2% to $1.22 billion, while adjusted operating profit edged up 0.4% to $230.9 million.
Gaming and video collaboration sales grew, rising 8% and 12% respectively, while tablet accessories fell 32%.
The supplier problem began after an incident at a factory, and Logitech now expects it to reduce third-quarter sales by $70 million to $80 million, down from an earlier estimate of as much as $200 million.
The factory reopened in September, and Logitech expects it to return to full capacity by the end of the calendar year.
For the important holiday quarter, the company expects sales to be flat or fall by as much as 5%, to between $1.36 billion and $1.43 billion, with the disruption included in that forecast.
Logitech reported second-quarter 2026/27 revenue of $1.22 billion, up 2% year on year at constant exchange rates.
Adjusted operating profit was $230.9 million, 0.4% higher than a year earlier and above expectations.
Adjusted gross margin rose 140 basis points to 45.2%, exceeding the company’s expectations.
A disruption at a supplier’s factory is now expected to reduce third-quarter revenue by $70 million to $80 million, down from an earlier estimate of up to $200 million.
For the Christmas quarter, Logitech expects revenue to be flat at best and down by as much as 5%.
- Who
- Logitech.
- What
- It reported second-quarter results above expectations and lowered its estimate of the revenue impact from a supplier disruption.
- When
- Second quarter of 2026/27; the results were reported on October 27, 2026.
- Where
- Not stated.
- Why
- A supplier factory disruption affected the outlook, but its expected impact eased as the factory reopened and capacity is expected to recover.
This story does not have two clearly opposing sides.
Logitech estimated that the supplier disruption could reduce revenue by up to $200 million.
The affected factory reopened.
Logitech reported second-quarter results and said the disruption was expected to reduce third-quarter revenue by $70 million to $80 million.
Logitech expects the factory to return to full capacity.
- Second-quarter revenue
- $1.22 billion, up 2% at constant exchange rates
- Adjusted operating profit
- $230.9 million, up 0.4% year on year
- Adjusted gross margin
- 45.2%, up 140 basis points
- Third-quarter revenue impact
- $70 million to $80 million
- Christmas-quarter revenue outlook
- $1.36 billion to $1.43 billion, flat at best or down as much as 5%