Corsair Gaming vs Logitech
Logitech reported revenue of $4.8 billion in fiscal 2026, 3.3 times Corsair Gaming's $1.5 billion in fiscal 2025. Corsair Gaming's revenue grew 11.9% in its latest year, and Logitech's grew 6.3%. Corsair Gaming had an operating margin of 0.1%, against 16.0% at Logitech. Free cash flow was $35 million at Corsair Gaming and $976 million at Logitech. Their fiscal years end in different months (December 31 and March 31), so the periods don't line up exactly.
Side by side
| Corsair Gaming | Logitech | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2026, Mar 31, 2026 |
| Revenue | $1.5B | $4.8B |
| Revenue growth | 11.9% | 6.3% |
| Revenue growth a year, last 5 years | −2.9% | −1.6% |
| Gross margin | 28.9% | 43.2% |
| Operating margin | 0.1% | 16.0% |
| Net margin | −1.1% | 14.7% |
| Free cash flow | $35M | $976M |
| Free cash flow margin | 2.4% | 20.1% |
| Return on capital | 0.2% | 121.9% |
| Net debt to EBITDA | 0.4x | −2.0x |
| Dividends and buybacks | $0M | $768M |
| Change in diluted share count | 1.8% | −3.0% |
| Last close | $11.84 | $96.25 |
| P/E at the last close | 31.2× | 17.3× |
| Insider trades, last 12 months | bought $964,000, sold $155,273 | sold $1.6 million |
| Piotroski F-score | 6 of 9 | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Corsair GamingLogitech
Operating margin
Percent of revenue
Corsair GamingLogitech
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Corsair GamingLogitech
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Corsair Gaming and Logitech pages.