Why Logitech Stock Is Down Before Market Open

Logitech International S.A. (NASDAQ: LOGI) is down 11% before the regular market opens at $99.16, after closing at $111.82. Its second-quarter results beat estimates, but a supplier plant closure after an accident cut supply and is expected to weigh on third-quarter sales.

What Logitech International S.A. Does

Logitech sells computer mice, keyboards, gaming gear, webcams and equipment for video meetings. Sales to both consumers and workplaces give the company several product markets, though all depend on customers buying hardware.

Logitech Third-Quarter Supply Outlook

Management expects the supply disruption to ease by the fourth quarter. That makes the next quarter a test of how quickly Logitech can ship products as supply recovers.

Quick Financial Overview

Logitech is a profitable large company, with a market value of $14.20B across its shares. An earlier report listed $1.38B in cash and cash equivalents, meaning cash the company can spend, as of September 30, 2025. That balance predates the quarter announced today, so it does not show cash after the current quarter.

Logitech Revenue and Earnings

Sales were $1.22 billion, up 3 percent in U.S. dollars and 2 percent after removing exchange-rate changes. Under GAAP, the standard accounting rules used in company reports, earnings per share was $1.25, up 9 percent year over year. Earnings per share means profit allocated to each share.

Logitech Operating Income

Operating income, profit from the company’s main business before interest and taxes, was $201 million, up 5 percent year over year. That gain shows the core business earned more even as supply limits and higher costs weighed on operations.

Logitech Stock Is up 18% Over Six Months

Logitech shares climbed from the $95 level six months ago, but today’s decline brings them near the $100 level. Today’s fall is the biggest daily move in the last year, an outlier against that longer climb.

Logitech Product Sales Were Mixed

Video collaboration and gaming products led growth, while webcams and tablet accessories declined. The uneven results show that strength in some product lines is offsetting weaker sales in others.

Conclusion

Logitech’s next quarterly earnings report is the next test, though its date has not been announced here. Stronger supply would support a recovery in shipments, while continued limits would keep sales under pressure.