罗技 2026年季度报告

FORM10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 Or ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number: 0-29174 LOGITECH INTERNATIONAL S.A.(Exact name of registrant as specified in its charter) Canton of Vaud, SwitzerlandNone(State or other jurisdictionof incorporation or organization)(I.R.S. EmployerIdentification No.) Logitech International S.A.EPFL - Quartier de l'Innovation1015 Lausanne, Switzerlandc/o Logitech Inc.3930 North First StreetSan Jose, California 95134(Address of principal executive offices and zip code) (510) 795-8500(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant wasrequired to file such reports), and (2)has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data file required to besubmitted pursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for suchshorter period that the registrant was required to submit such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "acceleratedfiler," "smaller reporting company," and "emerging growth company" in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of theExchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act).Yes☐No As of January 14, 2026, there were 146,588,946 shares of the Registrant’s share capital outstanding. TABLE OF CONTENTS PartIFINANCIAL INFORMATIONItem 1.Financial Statements (Unaudited)3Condensed Consolidated Statements of Operations for the Three and Nine Months EndedDecember 31, 2025 and 20243Condensed Consolidated Statements of Comprehensive Income for the Three and Nine MonthsEnded December 31, 2025 and 20244Condensed Consolidated Balance Sheets as of December 31, 2025 and March 31, 20255Condensed Consolidated Statements of Cash Flows for the Nine Months Ended December 31,2025 and 20246Condensed Consolidated Statements of Changes in Shareholders' Equity for the Three and NineMonths Ended December 31, 2025 and 20247Notes to the Condensed Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations24Item 3.Quantitative and Qualitative Disclosures About Market Risk37Item 4.Controls and Procedures39PartIIOTHER INFORMATIONItem 1.Legal Proceedings40Item 1A.Risk Factors40Item 2.Unregistered Sales of Equity Securities and Use of Proceeds43Item 3.Defaults Upon Senior Securities44Item 4.Mine Safety Disclosures44Item 5.Other Information44Item6.ExhibitIndex45Signatures In this document, unless otherwise indicated, references to the “Company,” “Logitech,” "we," "our," and "us" are toLogitech International S.A. and its consolidated subsidiaries. Unless otherwise specified, all references to U.S. Dollar,Dollar or $ are to the United States Dollar, the legal currency of the United States of America. All references to CHF are tothe Swiss Franc, the legal currency of Switzerland. Logitech, the Logitech logo, and the Logitech products referred to herein are either the trademarks or the registeredtrademarks of Logitech. All other trademarks are the property of their respective owners. Our fiscal year ends on March31. Interim quarters are generally thirteen-week periods, each ending on a Friday ofeach quarter. The third quarter of fiscal year 2026 ended on December 26, 2025. The same quarter in the prior fiscal yearended on December 27, 2024. For purposes of presentation, we have indicated our quarterly periods end on the last dayof the calendar quarter. The term “sales” means net sales, except as otherwise specified. We make available, free of charge on our website, access to our Annual Report on Form 10-K, our Quarterly Reportson Form 10-Q, our Current Reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), as soon as reasonablypracticable after we file or furnish them electronically with the Securities and Exchange Commission ("SEC"). Ta