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Side-by-side financial comparison of Keysight Technologies (KEYS) 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 $1.4B, roughly 1.0× Keysight Technologies). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs 16.4%, a 1.2% gap on every dollar of revenue. On growth, Keysight Technologies posted the faster year-over-year revenue change (10.3% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $187.0M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 6.2%).
Keysight Technologies, Inc. is an American company that manufactures electronics test and measurement equipment and software. The company was formed as a spin-off of Agilent Technologies, which inherited and rebranded the test and measurement product lines developed and produced, from the late 1960s to the turn of the millennium, by Hewlett-Packard's Test and Measurement division. Its name is a portmanteau of key and insight.
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.
KEYS vs LOGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.4B |
| Net Profit | $233.0M | $251.0M |
| Gross Margin | 61.2% | 43.2% |
| Operating Margin | 15.3% | 20.1% |
| Net Margin | 16.4% | 17.7% |
| Revenue YoY | 10.3% | 6.1% |
| Net Profit YoY | 419.2% | 25.4% |
| EPS (diluted) | $1.35 | $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 | $1.4B | $1.4B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.3B | $1.0B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.2B | $1.1B | ||
| Q1 24 | $1.3B | $1.0B |
| Q4 25 | $233.0M | $251.0M | ||
| Q3 25 | $191.0M | $170.7M | ||
| Q2 25 | $257.0M | $146.0M | ||
| Q1 25 | $169.0M | $144.1M | ||
| Q4 24 | $-73.0M | $200.1M | ||
| Q3 24 | $389.0M | $145.5M | ||
| Q2 24 | $126.0M | $141.8M | ||
| Q1 24 | $172.0M | $167.6M |
| Q4 25 | 61.2% | 43.2% | ||
| Q3 25 | 61.7% | 43.4% | ||
| Q2 25 | 62.3% | 41.7% | ||
| Q1 25 | 63.2% | 43.1% | ||
| Q4 24 | 62.3% | 42.9% | ||
| Q3 24 | 62.0% | 43.6% | ||
| Q2 24 | 62.7% | 42.8% | ||
| Q1 24 | 64.6% | 43.2% |
| Q4 25 | 15.3% | 20.1% | ||
| Q3 25 | 17.3% | 16.1% | ||
| Q2 25 | 15.8% | 14.1% | ||
| Q1 25 | 16.8% | 10.5% | ||
| Q4 24 | 17.9% | 17.5% | ||
| Q3 24 | 16.8% | 14.4% | ||
| Q2 24 | 14.6% | 14.1% | ||
| Q1 24 | 17.6% | 12.9% |
| Q4 25 | 16.4% | 17.7% | ||
| Q3 25 | 14.1% | 14.4% | ||
| Q2 25 | 19.7% | 12.7% | ||
| Q1 25 | 13.0% | 14.3% | ||
| Q4 24 | -5.7% | 14.9% | ||
| Q3 24 | 32.0% | 13.0% | ||
| Q2 24 | 10.4% | 13.0% | ||
| Q1 24 | 13.7% | 16.6% |
| Q4 25 | $1.35 | $1.69 | ||
| Q3 25 | $1.10 | $1.15 | ||
| Q2 25 | $1.49 | $0.98 | ||
| Q1 25 | $0.97 | $0.94 | ||
| Q4 24 | $-0.41 | $1.32 | ||
| Q3 24 | $2.22 | $0.95 | ||
| Q2 24 | $0.72 | $0.92 | ||
| Q1 24 | $0.98 | $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 | $1.9B | $1.8B |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $5.9B | $2.3B |
| Total Assets | $11.3B | $4.1B |
| Debt / EquityLower = less leverage | 0.43× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9B | $1.8B | ||
| Q3 25 | $2.6B | $1.4B | ||
| Q2 25 | $3.1B | $1.5B | ||
| Q1 25 | $2.1B | $1.5B | ||
| Q4 24 | $1.8B | $1.5B | ||
| Q3 24 | $1.6B | $1.4B | ||
| Q2 24 | $1.7B | $1.5B | ||
| Q1 24 | $1.7B | $1.5B |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.8B | — |
| Q4 25 | $5.9B | $2.3B | ||
| Q3 25 | $5.7B | $2.1B | ||
| Q2 25 | $5.5B | $2.2B | ||
| Q1 25 | $5.2B | $2.1B | ||
| Q4 24 | $5.1B | $2.1B | ||
| Q3 24 | $5.2B | $2.1B | ||
| Q2 24 | $4.9B | $2.2B | ||
| Q1 24 | $4.8B | $2.2B |
| Q4 25 | $11.3B | $4.1B | ||
| Q3 25 | $10.7B | $3.7B | ||
| Q2 25 | $10.5B | $3.7B | ||
| Q1 25 | $9.4B | $3.5B | ||
| Q4 24 | $9.3B | $3.7B | ||
| Q3 24 | $9.3B | $3.6B | ||
| Q2 24 | $9.0B | $3.7B | ||
| Q1 24 | $9.1B | $3.6B |
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 0.35× | — | ||
| Q3 24 | 0.34× | — | ||
| Q2 24 | 0.37× | — | ||
| Q1 24 | 0.38× | — |
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 | $225.0M | $480.5M |
| Free Cash FlowOCF − Capex | $187.0M | $465.6M |
| FCF MarginFCF / Revenue | 13.2% | 32.8% |
| Capex IntensityCapex / Revenue | 2.7% | 1.0% |
| Cash ConversionOCF / Net Profit | 0.97× | 1.91× |
| TTM Free Cash FlowTrailing 4 quarters | $1.3B | $903.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $225.0M | $480.5M | ||
| Q3 25 | $322.0M | $228.8M | ||
| Q2 25 | $484.0M | $125.0M | ||
| Q1 25 | $378.0M | $129.7M | ||
| Q4 24 | $359.0M | $370.9M | ||
| Q3 24 | $255.0M | $166.0M | ||
| Q2 24 | $110.0M | $176.0M | ||
| Q1 24 | $328.0M | $239.1M |
| Q4 25 | $187.0M | $465.6M | ||
| Q3 25 | $291.0M | $212.3M | ||
| Q2 25 | $457.0M | $108.8M | ||
| Q1 25 | $346.0M | $116.9M | ||
| Q4 24 | $321.0M | $356.6M | ||
| Q3 24 | $222.0M | $151.5M | ||
| Q2 24 | $74.0M | $161.4M | ||
| Q1 24 | $281.0M | $228.8M |
| Q4 25 | 13.2% | 32.8% | ||
| Q3 25 | 21.5% | 17.9% | ||
| Q2 25 | 35.0% | 9.5% | ||
| Q1 25 | 26.7% | 11.6% | ||
| Q4 24 | 24.9% | 26.6% | ||
| Q3 24 | 18.2% | 13.6% | ||
| Q2 24 | 6.1% | 14.8% | ||
| Q1 24 | 22.3% | 22.6% |
| Q4 25 | 2.7% | 1.0% | ||
| Q3 25 | 2.3% | 1.4% | ||
| Q2 25 | 2.1% | 1.4% | ||
| Q1 25 | 2.5% | 1.3% | ||
| Q4 24 | 3.0% | 1.1% | ||
| Q3 24 | 2.7% | 1.3% | ||
| Q2 24 | 3.0% | 1.3% | ||
| Q1 24 | 3.7% | 1.0% |
| Q4 25 | 0.97× | 1.91× | ||
| Q3 25 | 1.69× | 1.34× | ||
| Q2 25 | 1.88× | 0.86× | ||
| Q1 25 | 2.24× | 0.90× | ||
| Q4 24 | — | 1.85× | ||
| Q3 24 | 0.66× | 1.14× | ||
| Q2 24 | 0.87× | 1.24× | ||
| Q1 24 | 1.91× | 1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KEYS
| Transferred At Point In Time | $790.0M | 56% |
| Electronicindustrial | $429.0M | 30% |
| Transferred Over Time | $200.0M | 14% |
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% |
