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Side-by-side financial comparison of Bath & Body Works, Inc. (BBWI) and LOGITECH INTERNATIONAL S.A. (LOGI). Click either name above to swap in a different company.
Bath & Body Works, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.4B, roughly 1.1× LOGITECH INTERNATIONAL S.A.). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs 4.8%, a 12.8% gap on every dollar of revenue. On growth, LOGITECH INTERNATIONAL S.A. posted the faster year-over-year revenue change (6.1% vs -1.0%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $-1.0M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs -26.0%).
Bath & Body Works, Inc. is an American specialty retail company based in Columbus, Ohio. It owns Bath & Body Works, posted $7.4 billion in revenue in 2023, and was listed as 481 on the 2024 Fortune 500 list of largest United States companies by revenue.
Logitech International S.A. is a Swiss multinational manufacturer of computer peripherals and software. Headquartered in Lausanne, Switzerland, the company has offices throughout Europe, Asia, Oceania, and the Americas. It is a component of the Swiss Market Index, and is listed on the Nasdaq.
BBWI vs LOGI — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $1.4B |
| Net Profit | $77.0M | $251.0M |
| Gross Margin | 41.3% | 43.2% |
| Operating Margin | 10.1% | 20.1% |
| Net Margin | 4.8% | 17.7% |
| Revenue YoY | -1.0% | 6.1% |
| Net Profit YoY | -27.4% | 25.4% |
| EPS (diluted) | $0.37 | $1.69 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.6B | $1.4B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.4B | $1.1B | ||
| Q1 25 | $2.8B | $1.0B | ||
| Q4 24 | $1.6B | $1.3B | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.4B | $1.1B | ||
| Q1 24 | $2.9B | $1.0B |
| Q4 25 | $77.0M | $251.0M | ||
| Q3 25 | $64.0M | $170.7M | ||
| Q2 25 | $105.0M | $146.0M | ||
| Q1 25 | $453.0M | $144.1M | ||
| Q4 24 | $106.0M | $200.1M | ||
| Q3 24 | $152.0M | $145.5M | ||
| Q2 24 | $87.0M | $141.8M | ||
| Q1 24 | $579.0M | $167.6M |
| Q4 25 | 41.3% | 43.2% | ||
| Q3 25 | 41.3% | 43.4% | ||
| Q2 25 | 45.4% | 41.7% | ||
| Q1 25 | 46.7% | 43.1% | ||
| Q4 24 | 43.5% | 42.9% | ||
| Q3 24 | 41.0% | 43.6% | ||
| Q2 24 | 43.8% | 42.8% | ||
| Q1 24 | 45.9% | 43.2% |
| Q4 25 | 10.1% | 20.1% | ||
| Q3 25 | 10.1% | 16.1% | ||
| Q2 25 | 14.7% | 14.1% | ||
| Q1 25 | 24.3% | 10.5% | ||
| Q4 24 | 13.5% | 17.5% | ||
| Q3 24 | 12.0% | 14.4% | ||
| Q2 24 | 13.5% | 14.1% | ||
| Q1 24 | 23.9% | 12.9% |
| Q4 25 | 4.8% | 17.7% | ||
| Q3 25 | 4.1% | 14.4% | ||
| Q2 25 | 7.4% | 12.7% | ||
| Q1 25 | 16.3% | 14.3% | ||
| Q4 24 | 6.6% | 14.9% | ||
| Q3 24 | 10.0% | 13.0% | ||
| Q2 24 | 6.3% | 13.0% | ||
| Q1 24 | 19.9% | 16.6% |
| Q4 25 | $0.37 | $1.69 | ||
| Q3 25 | $0.30 | $1.15 | ||
| Q2 25 | $0.49 | $0.98 | ||
| Q1 25 | $2.06 | $0.94 | ||
| Q4 24 | $0.49 | $1.32 | ||
| Q3 24 | $0.68 | $0.95 | ||
| Q2 24 | $0.38 | $0.92 | ||
| Q1 24 | $2.54 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $236.0M | $1.8B |
| Total DebtLower is stronger | $3.9B | — |
| Stockholders' EquityBook value | $-1.6B | $2.3B |
| Total Assets | $5.0B | $4.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $236.0M | $1.8B | ||
| Q3 25 | $364.0M | $1.4B | ||
| Q2 25 | $636.0M | $1.5B | ||
| Q1 25 | $674.0M | $1.5B | ||
| Q4 24 | $191.0M | $1.5B | ||
| Q3 24 | $514.0M | $1.4B | ||
| Q2 24 | $855.0M | $1.5B | ||
| Q1 24 | $1.1B | $1.5B |
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $4.3B | — | ||
| Q1 24 | $4.4B | — |
| Q4 25 | $-1.6B | $2.3B | ||
| Q3 25 | $-1.5B | $2.1B | ||
| Q2 25 | $-1.5B | $2.2B | ||
| Q1 25 | $-1.4B | $2.1B | ||
| Q4 24 | $-1.7B | $2.1B | ||
| Q3 24 | $-1.7B | $2.1B | ||
| Q2 24 | $-1.7B | $2.2B | ||
| Q1 24 | $-1.6B | $2.2B |
| Q4 25 | $5.0B | $4.1B | ||
| Q3 25 | $4.8B | $3.7B | ||
| Q2 25 | $4.9B | $3.7B | ||
| Q1 25 | $4.9B | $3.5B | ||
| Q4 24 | $5.0B | $3.7B | ||
| Q3 24 | $4.9B | $3.6B | ||
| Q2 24 | $5.2B | $3.7B | ||
| Q1 24 | $5.5B | $3.6B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $80.0M | $480.5M |
| Free Cash FlowOCF − Capex | $-1.0M | $465.6M |
| FCF MarginFCF / Revenue | -0.1% | 32.8% |
| Capex IntensityCapex / Revenue | 5.1% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.04× | 1.91× |
| TTM Free Cash FlowTrailing 4 quarters | $946.0M | $903.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.0M | $480.5M | ||
| Q3 25 | $-43.0M | $228.8M | ||
| Q2 25 | $188.0M | $125.0M | ||
| Q1 25 | $955.0M | $129.7M | ||
| Q4 24 | $-99.0M | $370.9M | ||
| Q3 24 | $-46.0M | $166.0M | ||
| Q2 24 | $76.0M | $176.0M | ||
| Q1 24 | $926.0M | $239.1M |
| Q4 25 | $-1.0M | $465.6M | ||
| Q3 25 | $-99.0M | $212.3M | ||
| Q2 25 | $151.0M | $108.8M | ||
| Q1 25 | $895.0M | $116.9M | ||
| Q4 24 | $-164.0M | $356.6M | ||
| Q3 24 | $-101.0M | $151.5M | ||
| Q2 24 | $30.0M | $161.4M | ||
| Q1 24 | $878.0M | $228.8M |
| Q4 25 | -0.1% | 32.8% | ||
| Q3 25 | -6.4% | 17.9% | ||
| Q2 25 | 10.6% | 9.5% | ||
| Q1 25 | 32.1% | 11.6% | ||
| Q4 24 | -10.2% | 26.6% | ||
| Q3 24 | -6.6% | 13.6% | ||
| Q2 24 | 2.2% | 14.8% | ||
| Q1 24 | 30.2% | 22.6% |
| Q4 25 | 5.1% | 1.0% | ||
| Q3 25 | 3.6% | 1.4% | ||
| Q2 25 | 2.6% | 1.4% | ||
| Q1 25 | 2.2% | 1.3% | ||
| Q4 24 | 4.0% | 1.1% | ||
| Q3 24 | 3.6% | 1.3% | ||
| Q2 24 | 3.3% | 1.3% | ||
| Q1 24 | 1.6% | 1.0% |
| Q4 25 | 1.04× | 1.91× | ||
| Q3 25 | -0.67× | 1.34× | ||
| Q2 25 | 1.79× | 0.86× | ||
| Q1 25 | 2.11× | 0.90× | ||
| Q4 24 | -0.93× | 1.85× | ||
| Q3 24 | -0.30× | 1.14× | ||
| Q2 24 | 0.87× | 1.24× | ||
| Q1 24 | 1.60× | 1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BBWI
| Bath Body Works Stores | $1.2B | 77% |
| Bath Body Works Direct | $299.0M | 19% |
| Bath Body Works International | $73.0M | 5% |
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
