Logitech has revised its fiscal 2025 target to $4.39 billion – $4.47 billion, up from the previous forecast of $4.34 billion – $4.43 billion.
Sales Growth: Logitech reported Q2 FY25 net sales of $1.1 billion, a 6 percent increase from Q2 FY24. It gained market share in Pointing Devices, Keyboards & Combos, Gaming Wired Mice, Console Gaming Headsets, and PC Headsets.
New Product Launches: Logitech successfully launched several products across its portfolio, with major events like Logi PLAY and Logi WORK showcasing their innovations. Notably, the company introduced the G915 X Gaming Keyboard, PRO Series, and an all-new Racing Simulation Series.
Recognition: TIME recognized Logitech as one of the ‘World’s Best Brands 2024,’ and Forbes ranked it #20 out of 850 companies in its ‘World’s Best Employers’ survey. Bilanz and Statista included it among Switzerland’s ‘Top Innovative Companies.’
Strategic Initiatives: The company emphasized its focus on business growth, particularly in Video Collaboration, with the launch of the ‘Bring-your-own Device’ MeetUp 2 conference camera and AI-enabled Smart Switching software.
Innovation Events: Logi PLAY, a global platform for gaming innovation, featured 20 live events and introduced 18 new gaming products. Logi WORK events throughout Europe focused on hybrid work culture and featured panel discussions and interactive sessions.
Mixed Reality Innovation: Logitech entered new categories with the launch of the MX Ink (a mixed reality stylus for Meta Quest Headset) and MX Creative Console (for digital creators).
