vs
Side-by-side financial comparison of BENCHMARK ELECTRONICS INC (BHE) and LOGITECH INTERNATIONAL S.A. (LOGI). Click either name above to swap in a different company.
LOGITECH INTERNATIONAL S.A. is the larger business by last-quarter revenue ($1.4B vs $677.3M, roughly 2.1× BENCHMARK ELECTRONICS INC). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs 1.9%, a 15.7% gap on every dollar of revenue. On growth, BENCHMARK ELECTRONICS INC posted the faster year-over-year revenue change (11.4% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $48.1M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs -0.7%).
Benchmark Electronics Inc is an EMS, ODM, and OEM company based in Tempe, Arizona in the Phoenix metropolitan area. It provides contract manufacturing services.
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.
BHE vs LOGI — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $677.3M | $1.4B |
| Net Profit | $13.0M | $251.0M |
| Gross Margin | 10.2% | 43.2% |
| Operating Margin | 3.2% | 20.1% |
| Net Margin | 1.9% | 17.7% |
| Revenue YoY | 11.4% | 6.1% |
| Net Profit YoY | 257.4% | 25.4% |
| EPS (diluted) | $0.17 | $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.
| Q1 26 | $677.3M | — | ||
| Q4 25 | $725.8M | $1.4B | ||
| Q3 25 | $702.6M | $1.2B | ||
| Q2 25 | $665.7M | $1.1B | ||
| Q1 25 | $654.6M | $1.0B | ||
| Q4 24 | $683.6M | $1.3B | ||
| Q3 24 | $680.0M | $1.1B | ||
| Q2 24 | $686.7M | $1.1B |
| Q1 26 | $13.0M | — | ||
| Q4 25 | — | $251.0M | ||
| Q3 25 | $14.3M | $170.7M | ||
| Q2 25 | $972.0K | $146.0M | ||
| Q1 25 | $3.6M | $144.1M | ||
| Q4 24 | — | $200.1M | ||
| Q3 24 | $15.4M | $145.5M | ||
| Q2 24 | $15.5M | $141.8M |
| Q1 26 | 10.2% | — | ||
| Q4 25 | 10.2% | 43.2% | ||
| Q3 25 | 9.7% | 43.4% | ||
| Q2 25 | 9.7% | 41.7% | ||
| Q1 25 | 9.7% | 43.1% | ||
| Q4 24 | 9.9% | 42.9% | ||
| Q3 24 | 9.8% | 43.6% | ||
| Q2 24 | 9.9% | 42.8% |
| Q1 26 | 3.2% | — | ||
| Q4 25 | 2.8% | 20.1% | ||
| Q3 25 | 3.4% | 16.1% | ||
| Q2 25 | 3.1% | 14.1% | ||
| Q1 25 | 1.8% | 10.5% | ||
| Q4 24 | 4.2% | 17.5% | ||
| Q3 24 | 4.1% | 14.4% | ||
| Q2 24 | 4.0% | 14.1% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 17.7% | ||
| Q3 25 | 2.0% | 14.4% | ||
| Q2 25 | 0.1% | 12.7% | ||
| Q1 25 | 0.6% | 14.3% | ||
| Q4 24 | — | 14.9% | ||
| Q3 24 | 2.3% | 13.0% | ||
| Q2 24 | 2.3% | 13.0% |
| Q1 26 | $0.17 | — | ||
| Q4 25 | $0.16 | $1.69 | ||
| Q3 25 | $0.39 | $1.15 | ||
| Q2 25 | $0.03 | $0.98 | ||
| Q1 25 | $0.10 | $0.94 | ||
| Q4 24 | $0.43 | $1.32 | ||
| Q3 24 | $0.42 | $0.95 | ||
| Q2 24 | $0.43 | $0.92 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $324.9M | $1.8B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $2.3B |
| Total Assets | $2.1B | $4.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $324.9M | — | ||
| Q4 25 | $322.1M | $1.8B | ||
| Q3 25 | $285.4M | $1.4B | ||
| Q2 25 | $264.6M | $1.5B | ||
| Q1 25 | $355.3M | $1.5B | ||
| Q4 24 | $315.2M | $1.5B | ||
| Q3 24 | $324.4M | $1.4B | ||
| Q2 24 | $309.3M | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | $206.8M | — | ||
| Q3 25 | $212.6M | — | ||
| Q2 25 | $203.4M | — | ||
| Q1 25 | $268.9M | — | ||
| Q4 24 | $250.5M | — | ||
| Q3 24 | $272.0M | — | ||
| Q2 24 | $283.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $2.3B | ||
| Q3 25 | $1.1B | $2.1B | ||
| Q2 25 | $1.1B | $2.2B | ||
| Q1 25 | $1.1B | $2.1B | ||
| Q4 24 | $1.1B | $2.1B | ||
| Q3 24 | $1.1B | $2.1B | ||
| Q2 24 | $1.1B | $2.2B |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $4.1B | ||
| Q3 25 | $2.1B | $3.7B | ||
| Q2 25 | $2.0B | $3.7B | ||
| Q1 25 | $2.1B | $3.5B | ||
| Q4 24 | $2.1B | $3.7B | ||
| Q3 24 | $2.1B | $3.6B | ||
| Q2 24 | $2.2B | $3.7B |
| Q1 26 | — | — | ||
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.23× | — | ||
| Q3 24 | 0.25× | — | ||
| Q2 24 | 0.26× | — |
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 | $47.0M | $480.5M |
| Free Cash FlowOCF − Capex | $48.1M | $465.6M |
| FCF MarginFCF / Revenue | 7.1% | 32.8% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | 3.61× | 1.91× |
| TTM Free Cash FlowTrailing 4 quarters | $108.3M | $903.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $47.0M | — | ||
| Q4 25 | $58.7M | $480.5M | ||
| Q3 25 | $36.6M | $228.8M | ||
| Q2 25 | $-2.8M | $125.0M | ||
| Q1 25 | $31.5M | $129.7M | ||
| Q4 24 | $45.9M | $370.9M | ||
| Q3 24 | $39.0M | $166.0M | ||
| Q2 24 | $55.8M | $176.0M |
| Q1 26 | $48.1M | — | ||
| Q4 25 | $48.2M | $465.6M | ||
| Q3 25 | $25.8M | $212.3M | ||
| Q2 25 | $-13.8M | $108.8M | ||
| Q1 25 | $28.1M | $116.9M | ||
| Q4 24 | $37.2M | $356.6M | ||
| Q3 24 | $29.2M | $151.5M | ||
| Q2 24 | $48.2M | $161.4M |
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.6% | 32.8% | ||
| Q3 25 | 3.7% | 17.9% | ||
| Q2 25 | -2.1% | 9.5% | ||
| Q1 25 | 4.3% | 11.6% | ||
| Q4 24 | 5.4% | 26.6% | ||
| Q3 24 | 4.3% | 13.6% | ||
| Q2 24 | 7.0% | 14.8% |
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 1.0% | ||
| Q3 25 | 1.5% | 1.4% | ||
| Q2 25 | 1.7% | 1.4% | ||
| Q1 25 | 0.5% | 1.3% | ||
| Q4 24 | 1.3% | 1.1% | ||
| Q3 24 | 1.4% | 1.3% | ||
| Q2 24 | 1.1% | 1.3% |
| Q1 26 | 3.61× | — | ||
| Q4 25 | — | 1.91× | ||
| Q3 25 | 2.57× | 1.34× | ||
| Q2 25 | -2.90× | 0.86× | ||
| Q1 25 | 8.65× | 0.90× | ||
| Q4 24 | — | 1.85× | ||
| Q3 24 | 2.54× | 1.14× | ||
| Q2 24 | 3.59× | 1.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BHE
Segment breakdown not available.
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% |
