Logitech G PLAY 2026 Unveils Fifteen New Logitech G Products

Logitech (LOGI) launched the MX Keypad, a customizable tool for developers to trigger AI coding agents. The company reported strong Q1 results with 7% sales growth to $1.23B, but faces supply chain issues affecting Q2 and Q3. The stock trades at 18.32x forward earnings, with mixed investor sentiment.

Corsair Gaming reported Q2 2026 revenue of $314.3M, down 2% YoY, but EPS beat estimates at $0.23. Logitech also topped EPS forecasts. Corsair's peripherals segment grew 13% YoY, while components declined. Both companies raised guidance, with Corsair's stock up 35% post-earnings.

Logitech faces a class-action lawsuit for not refunding customers after the Supreme Court ruled certain tariffs unlawful. The company raised prices in April 2025, with some increasing by 25%, and received a $61 million tariff refund. Plaintiffs argue Logitech should pass these savings to customers. Logitech has not publicly commented. Similar lawsuits target Microsoft, Nintendo, and Sony.

Logitech International reported Q1 FY2027 results. Sales were $1.23 billion, up 7% in US dollars and 5% in constant currency. GAAP operating income rose to $259 million and GAAP EPS to $1.63. Results included $61 million in tariff refunds. Logitech forecast Q2 with a $20 million net sales headwind and estimated up to $200 million impact in Q3 from a semiconductor supplier incident.

Logitech’s CEO Hanneke Faber said Q1 saw little to no pull-forward demand, and May pricing changes will benefit next quarter. A semiconductor supplier incident is expected to reduce sales by about $20M in Q2 and up to $200M in Q3, with resolution by Q4. CFO Matteo Anversa said channel inventory is healthy. Pointing devices growth is tied to premium products like MX Master 4, and AI is a tailwind for video conferencing.

Logitech International (SIX: LOGN, Nasdaq: LOGI) reported Q1 FY2027 results. Sales were $1.23B, up 7% (US dollars) and 5% (constant currency). GAAP operating income rose to $259M (+60%) and GAAP EPS to $1.63 (+66%), with $61M tariff refunds included. Outlook for Q2 includes about $20M net sales headwind from a semiconductor supplier incident.