Logitech sees FY26 revenue $4.53B-$4.71B, consensus $4.78B

Logitech (LOGI) announced an updated long-term model that targets net sales growth of between 7% and 10%, non-GAAP gross margin of 40% and above, and non-GAAP operating margin of between 15% and 18%. Logitech shared its capital allocation priorities, focused on re-investing in the organic growth of the business, annual dividends, M&A and share repurchases. The Company plans to target share buybacks of $2 billion over the next three years, with the board approving a $600 million increase to the current program effective end of March 2025, subject to market conditions and regulatory approvals.