Logitech reported non-GAAP earnings of $1.93 per share for the third quarter of fiscal 2026, surpassing the Zacks Consensus Estimate of $1.79 by 8 cents and up from $1.59 a year earlier. Net sales rose 12% year-over-year to $1.65 billion on a constant-currency basis, driven by strong demand in both consumer and business segments. Operating income increased 23% to $305 million, lifting the non-GAAP operating margin to 18.5%, compared with 16.2% in the prior year period.

The Video Collaboration segment delivered the strongest growth, with sales up 25% year-over-year to $400 million as companies accelerated hybrid-work investments. The Gaming division grew 9%, led by new headset and keyboard launches, while the Personal Workspace group saw a 7% increase, propelled by higher sales of ergonomic mice and keyboards. Emerging markets accounted for 18% of total revenue, up from 15% a year ago, reflecting expanded distribution in Asia and Latin America.

Management raised full-year non-GAAP EPS guidance to a range of $6.50 to $6.70, up from prior guidance of $6.30 to $6.50, reflecting stronger-than-expected margins and healthy order books. Revenue is now projected to grow in the low double-digit range on a constant-currency basis, compared with the previous outlook of mid-single-digit growth. Free cash flow conversion remains robust at 95% of net income, supporting ongoing share repurchases and a stable dividend yield of 2.6%.

Logitech introduced Rally AI Cameras this quarter, integrating advanced optics and automated framing to enhance large-room conferencing. Initial commercial orders exceeded 10,000 units, with deployments across 150 enterprise customers. The company also launched two new ergonomic keyboard models in Europe and North America, targeting remote and hybrid workers. R&D investment remained at 8% of sales, underscoring Logitech’s commitment to maintaining leadership in peripherals and collaboration solutions.