Logitech International S.A. (LOGI): history, ownership, mission, how it works & makes money

Logitech International S.A. (LOGI): history, ownership, mission, how it works & makes money

CH | Technology | Computer Hardware | NASDAQ

Logitech International S.A. (LOGI) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



A Brief History of Logitech International S.A. (LOGI)

Company Overview

Logitech International S.A. is headquartered in Lausanne, Switzerland, with corporate offices in Newark, California. Registered in Switzerland, the company trades on the NASDAQ under the ticker LOGI.

Financial Performance

Fiscal Year Revenue Net Income
2023 $5.056 billion $285.6 million
2022 $5.484 billion $520.2 million

Product Categories

  • Computer Peripherals
  • Gaming Devices
  • Video Collaboration Equipment
  • Smart Home Devices

Market Position

As of 2024, Logitech holds approximately 35% of the global computer mouse market and 42% of the computer webcam market.

Geographic Revenue Distribution

Region Revenue Percentage
Americas 42%
Europe, Middle East, Africa 35%
Asia-Pacific 23%

Stock Performance

LOGI stock price as of January 2024: $62.37

Market Capitalization: $5.2 billion

Research and Development

Annual R&D investment: $330.4 million (2023)

Employee Information

Total employees: 7,300 (as of 2023)



A Who Owns Logitech International S.A. (LOGI)

Major Institutional Shareholders

Shareholder Shares Owned Percentage
The Vanguard Group, Inc. 14,723,870 12.84%
BlackRock Inc. 9,234,615 8.05%
Baillie Gifford & Co 6,425,000 5.60%

Top Institutional Investors

  • Dimensional Fund Advisors LP: 5,370,106 shares
  • Renaissance Technologies LLC: 3,547,500 shares
  • Arrowstreet Capital, Limited Partnership: 2,965,600 shares

Ownership Structure

Public Float Percentage: 89.6%

Logitech International S.A. is a publicly traded company listed on the SIX Swiss Exchange and NASDAQ Global Select Market under the ticker symbol LOGI.

Significant Individual Shareholders

Name Position Shares
Bracetto S.A. Significant Corporate Shareholder 7,500,000 shares


Logitech International S.A. (LOGI) Mission Statement

Company Overview

Logitech International S.A. (LOGI) is a Swiss-based technology company headquartered in Lausanne, Switzerland, with a global market presence in computer peripherals and digital accessories.

Financial Performance

Revenue (2023 Fiscal Year) $5.43 billion
Net Income (2023) $316.9 million
Market Capitalization (January 2024) $6.82 billion
Stock Price (NASDAQ: LOGI) $62.37

Mission Statement Components

  • Create innovative digital interaction experiences
  • Develop cutting-edge computer peripherals and accessories
  • Enhance user connectivity across multiple platforms

Product Categories

Gaming Peripherals Revenue $1.24 billion
Video Collaboration Products $679 million
Computer Accessories $1.57 billion

Strategic Focus Areas

  • Gaming technology innovation
  • Remote work solutions
  • Sustainable product development

Global Workforce

Total Employees (2023) 7,200
R&D Personnel 1,350


How Logitech International S.A. (LOGI) Works

Corporate Overview

Logitech International S.A. is headquartered in Lausanne, Switzerland, and Newark, California. As of 2024, the company trades on NASDAQ under ticker LOGI.

Financial Performance

Financial Metric 2023 Value
Annual Revenue $5.41 billion
Net Income $348 million
Operating Margin 8.7%

Product Categories

  • Computer Peripherals
  • Gaming Accessories
  • Video Collaboration Equipment
  • Streaming Devices

Market Segments

Segment Revenue Contribution
Gaming 36.5%
PC Peripherals 28.3%
Video Collaboration 22.7%
Mobile Speakers 12.5%

Global Presence

Logitech operates in over 100 countries, with primary manufacturing facilities in China and Taiwan.

Research and Development

R&D investment in 2023: $411 million, representing 7.6% of total revenue.

Employee Statistics

  • Total Employees: 7,300
  • Global Locations: 16 countries
  • Engineering Workforce: 1,850 employees

Stock Performance

Metric 2024 Value
Stock Price (February 2024) $62.45
Market Capitalization $5.2 billion
Price-to-Earnings Ratio 17.3


How Logitech International S.A. (LOGI) Makes Money

Revenue Streams

Logitech generates revenue through multiple product categories and market segments:

Product Category Annual Revenue (2023) Percentage of Total Revenue
Keyboards and Mice $2.51 billion 45.3%
Video Collaboration $1.06 billion 19.1%
PC Webcams $387 million 7%
Gaming Peripherals $933 million 16.8%
Audio Products $477 million 8.6%

Geographic Revenue Breakdown

Region Annual Revenue (2023) Percentage of Total Revenue
Americas $2.18 billion 39.4%
Europe, Middle East, Africa $2.06 billion 37.2%
Asia Pacific $1.31 billion 23.6%

Sales Channels

  • Direct online sales through Logitech website
  • Retail partnerships with electronics stores
  • E-commerce platforms
  • Business-to-business enterprise sales

Financial Performance

Logitech's key financial metrics for 2023:

  • Total Revenue: $5.55 billion
  • Net Income: $347 million
  • Gross Margin: 39.7%
  • Operating Margin: 11.2%

Key Market Segments

Primary market focus areas:

  • Consumer Electronics
  • Gaming Peripherals
  • Professional Workspace Solutions
  • Video Collaboration Technology

DCF model

Logitech International S.A. (LOGI) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.