Logitech International reported disappointing fourth-quarter results for the period ending March 2025, with non-GAAP operating profit coming in at $133 million, slightly beneath analyst predictions of $134 million. The company's sales were flat at $1.01 billion, missing the expected $1.03 billion mark. According to Reuters, these results were affected by problems with its e-commerce payment provider and increased spending on R&D and marketing.

Despite these hurdles, Logitech met its full-year sales targets of $4.54–$4.57 billion and non-GAAP operating income between $755–$770 million. However, the company withdrew its 2026 outlook due to complications from new U.S. trade policies. Logitech manufactures around 40% of its products in China, with the rest produced in other Asian countries and Mexico, all of which are subject to heightened U.S. tariffs. These conditions weigh heavily as the U.S. remains Logitech's largest market, accounting for about a third of its sales.

Looking ahead, Logitech has guided its first quarter of fiscal year 2026 sales to range from $1.10 billion to $1.15 billion, with expected operating income between $155 million and $185 million. Reuters highlighted the withdrawal of Logitech's 2026 forecasts due to the uncertain tariff environment, reflecting the significant impact of trade tensions on the company's strategic planning.