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Side-by-side financial comparison of LOGITECH INTERNATIONAL S.A. (LOGI) and MERCURY GENERAL CORP (MCY). Click either name above to swap in a different company.

MERCURY GENERAL CORP is the larger business by last-quarter revenue ($1.5B vs $1.4B, roughly 1.1× LOGITECH INTERNATIONAL S.A.). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs 13.2%, a 4.5% gap on every dollar of revenue. On growth, MERCURY GENERAL CORP posted the faster year-over-year revenue change (12.4% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $273.9M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 9.8%).

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.

Mercury General Corporation is a multiple-line insurance organization that offers personal automobiles, homeowners, renters, and business insurance. Mercury's primary focus is automobiles and homeowners' insurance.

LOGI vs MCY — Head-to-Head

Bigger by revenue
MCY
MCY
1.1× larger
MCY
$1.5B
$1.4B
LOGI
Growing faster (revenue YoY)
MCY
MCY
+6.4% gap
MCY
12.4%
6.1%
LOGI
Higher net margin
LOGI
LOGI
4.5% more per $
LOGI
17.7%
13.2%
MCY
More free cash flow
LOGI
LOGI
$191.8M more FCF
LOGI
$465.6M
$273.9M
MCY
Faster 2-yr revenue CAGR
LOGI
LOGI
Annualised
LOGI
18.5%
9.8%
MCY

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LOGI
LOGI
MCY
MCY
Revenue
$1.4B
$1.5B
Net Profit
$251.0M
$202.5M
Gross Margin
43.2%
99.7%
Operating Margin
20.1%
16.2%
Net Margin
17.7%
13.2%
Revenue YoY
6.1%
12.4%
Net Profit YoY
25.4%
100.4%
EPS (diluted)
$1.69
$3.66

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.

Revenue
LOGI
LOGI
MCY
MCY
Q4 25
$1.4B
$1.5B
Q3 25
$1.2B
$1.6B
Q2 25
$1.1B
$1.5B
Q1 25
$1.0B
$1.4B
Q4 24
$1.3B
$1.4B
Q3 24
$1.1B
$1.5B
Q2 24
$1.1B
$1.3B
Q1 24
$1.0B
$1.3B
Net Profit
LOGI
LOGI
MCY
MCY
Q4 25
$251.0M
$202.5M
Q3 25
$170.7M
$280.4M
Q2 25
$146.0M
$166.5M
Q1 25
$144.1M
$-108.3M
Q4 24
$200.1M
$101.1M
Q3 24
$145.5M
$230.9M
Q2 24
$141.8M
$62.6M
Q1 24
$167.6M
$73.5M
Gross Margin
LOGI
LOGI
MCY
MCY
Q4 25
43.2%
99.7%
Q3 25
43.4%
99.8%
Q2 25
41.7%
99.8%
Q1 25
43.1%
99.7%
Q4 24
42.9%
99.7%
Q3 24
43.6%
99.8%
Q2 24
42.8%
99.8%
Q1 24
43.2%
99.7%
Operating Margin
LOGI
LOGI
MCY
MCY
Q4 25
20.1%
16.2%
Q3 25
16.1%
22.1%
Q2 25
14.1%
14.0%
Q1 25
10.5%
-10.2%
Q4 24
17.5%
9.0%
Q3 24
14.4%
18.8%
Q2 24
14.1%
5.8%
Q1 24
12.9%
7.0%
Net Margin
LOGI
LOGI
MCY
MCY
Q4 25
17.7%
13.2%
Q3 25
14.4%
17.7%
Q2 25
12.7%
11.3%
Q1 25
14.3%
-7.8%
Q4 24
14.9%
7.4%
Q3 24
13.0%
15.1%
Q2 24
13.0%
4.8%
Q1 24
16.6%
5.8%
EPS (diluted)
LOGI
LOGI
MCY
MCY
Q4 25
$1.69
$3.66
Q3 25
$1.15
$5.06
Q2 25
$0.98
$3.01
Q1 25
$0.94
$-1.96
Q4 24
$1.32
$1.82
Q3 24
$0.95
$4.17
Q2 24
$0.92
$1.13
Q1 24
$1.07
$1.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LOGI
LOGI
MCY
MCY
Cash + ST InvestmentsLiquidity on hand
$1.8B
Total DebtLower is stronger
$575.0M
Stockholders' EquityBook value
$2.3B
$2.4B
Total Assets
$4.1B
$9.6B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOGI
LOGI
MCY
MCY
Q4 25
$1.8B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.5B
Q1 24
$1.5B
Total Debt
LOGI
LOGI
MCY
MCY
Q4 25
$575.0M
Q3 25
Q2 25
Q1 25
Q4 24
$575.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
LOGI
LOGI
MCY
MCY
Q4 25
$2.3B
$2.4B
Q3 25
$2.1B
$2.2B
Q2 25
$2.2B
$2.0B
Q1 25
$2.1B
$1.8B
Q4 24
$2.1B
$1.9B
Q3 24
$2.1B
$1.9B
Q2 24
$2.2B
$1.6B
Q1 24
$2.2B
$1.6B
Total Assets
LOGI
LOGI
MCY
MCY
Q4 25
$4.1B
$9.6B
Q3 25
$3.7B
$9.4B
Q2 25
$3.7B
$9.1B
Q1 25
$3.5B
$9.0B
Q4 24
$3.7B
$8.3B
Q3 24
$3.6B
$8.2B
Q2 24
$3.7B
$7.7B
Q1 24
$3.6B
$7.4B
Debt / Equity
LOGI
LOGI
MCY
MCY
Q4 25
0.24×
Q3 25
Q2 25
Q1 25
Q4 24
0.30×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LOGI
LOGI
MCY
MCY
Operating Cash FlowLast quarter
$480.5M
$287.9M
Free Cash FlowOCF − Capex
$465.6M
$273.9M
FCF MarginFCF / Revenue
32.8%
17.8%
Capex IntensityCapex / Revenue
1.0%
0.9%
Cash ConversionOCF / Net Profit
1.91×
1.42×
TTM Free Cash FlowTrailing 4 quarters
$903.6M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOGI
LOGI
MCY
MCY
Q4 25
$480.5M
$287.9M
Q3 25
$228.8M
$496.4M
Q2 25
$125.0M
$371.6M
Q1 25
$129.7M
$-68.7M
Q4 24
$370.9M
$248.3M
Q3 24
$166.0M
$318.1M
Q2 24
$176.0M
$278.0M
Q1 24
$239.1M
$192.6M
Free Cash Flow
LOGI
LOGI
MCY
MCY
Q4 25
$465.6M
$273.9M
Q3 25
$212.3M
$479.5M
Q2 25
$108.8M
$357.2M
Q1 25
$116.9M
$-81.9M
Q4 24
$356.6M
$236.0M
Q3 24
$151.5M
$306.2M
Q2 24
$161.4M
$266.5M
Q1 24
$228.8M
$182.4M
FCF Margin
LOGI
LOGI
MCY
MCY
Q4 25
32.8%
17.8%
Q3 25
17.9%
30.3%
Q2 25
9.5%
24.2%
Q1 25
11.6%
-5.9%
Q4 24
26.6%
17.3%
Q3 24
13.6%
20.0%
Q2 24
14.8%
20.4%
Q1 24
22.6%
14.3%
Capex Intensity
LOGI
LOGI
MCY
MCY
Q4 25
1.0%
0.9%
Q3 25
1.4%
1.1%
Q2 25
1.4%
1.0%
Q1 25
1.3%
0.9%
Q4 24
1.1%
0.9%
Q3 24
1.3%
0.8%
Q2 24
1.3%
0.9%
Q1 24
1.0%
0.8%
Cash Conversion
LOGI
LOGI
MCY
MCY
Q4 25
1.91×
1.42×
Q3 25
1.34×
1.77×
Q2 25
0.86×
2.23×
Q1 25
0.90×
Q4 24
1.85×
2.46×
Q3 24
1.14×
1.38×
Q2 24
1.24×
4.44×
Q1 24
1.43×
2.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LOGI
LOGI

Retail Gaming$482.7M34%
Retail Keyboards Desktops$254.6M18%
Retail Pointing Devices$241.2M17%
Retail Video Collaboration$193.3M14%
Retail Tablet And Other Accessories$93.6M7%
Retail Webcams$82.3M6%
Retail Headsets$45.9M3%
Other Retail Products$28.0M2%

MCY
MCY

Segment breakdown not available.

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