vs
Side-by-side financial comparison of LOGITECH INTERNATIONAL S.A. (LOGI) and MSCI Inc. (MSCI). 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 $822.5M, roughly 1.7× MSCI Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 17.7%, a 16.9% gap on every dollar of revenue. On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs 6.1%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $465.6M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 10.0%).
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.
MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.
LOGI vs MSCI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $822.5M |
| Net Profit | $251.0M | $284.7M |
| Gross Margin | 43.2% | — |
| Operating Margin | 20.1% | 56.4% |
| Net Margin | 17.7% | 34.6% |
| Revenue YoY | 6.1% | 10.6% |
| Net Profit YoY | 25.4% | -6.8% |
| EPS (diluted) | $1.69 | $3.81 |
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 | $822.5M | ||
| Q3 25 | $1.2B | $793.4M | ||
| Q2 25 | $1.1B | $772.7M | ||
| Q1 25 | $1.0B | $745.8M | ||
| Q4 24 | $1.3B | $743.5M | ||
| Q3 24 | $1.1B | $724.7M | ||
| Q2 24 | $1.1B | $707.9M | ||
| Q1 24 | $1.0B | $680.0M |
| Q4 25 | $251.0M | $284.7M | ||
| Q3 25 | $170.7M | $325.4M | ||
| Q2 25 | $146.0M | $303.6M | ||
| Q1 25 | $144.1M | $288.6M | ||
| Q4 24 | $200.1M | $305.5M | ||
| Q3 24 | $145.5M | $280.9M | ||
| Q2 24 | $141.8M | $266.8M | ||
| Q1 24 | $167.6M | $256.0M |
| Q4 25 | 43.2% | — | ||
| Q3 25 | 43.4% | — | ||
| Q2 25 | 41.7% | — | ||
| Q1 25 | 43.1% | — | ||
| Q4 24 | 42.9% | — | ||
| Q3 24 | 43.6% | — | ||
| Q2 24 | 42.8% | — | ||
| Q1 24 | 43.2% | — |
| Q4 25 | 20.1% | 56.4% | ||
| Q3 25 | 16.1% | 56.4% | ||
| Q2 25 | 14.1% | 55.0% | ||
| Q1 25 | 10.5% | 50.6% | ||
| Q4 24 | 17.5% | 54.5% | ||
| Q3 24 | 14.4% | 55.4% | ||
| Q2 24 | 14.1% | 54.0% | ||
| Q1 24 | 12.9% | 49.9% |
| Q4 25 | 17.7% | 34.6% | ||
| Q3 25 | 14.4% | 41.0% | ||
| Q2 25 | 12.7% | 39.3% | ||
| Q1 25 | 14.3% | 38.7% | ||
| Q4 24 | 14.9% | 41.1% | ||
| Q3 24 | 13.0% | 38.8% | ||
| Q2 24 | 13.0% | 37.7% | ||
| Q1 24 | 16.6% | 37.6% |
| Q4 25 | $1.69 | $3.81 | ||
| Q3 25 | $1.15 | $4.25 | ||
| Q2 25 | $0.98 | $3.92 | ||
| Q1 25 | $0.94 | $3.71 | ||
| Q4 24 | $1.32 | $3.89 | ||
| Q3 24 | $0.95 | $3.57 | ||
| Q2 24 | $0.92 | $3.37 | ||
| Q1 24 | $1.07 | $3.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.8B | $515.3M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $2.3B | $-2.7B |
| Total Assets | $4.1B | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.8B | $515.3M | ||
| Q3 25 | $1.4B | $400.1M | ||
| Q2 25 | $1.5B | $347.3M | ||
| Q1 25 | $1.5B | $360.7M | ||
| Q4 24 | $1.5B | $409.4M | ||
| Q3 24 | $1.4B | $501.0M | ||
| Q2 24 | $1.5B | $451.4M | ||
| Q1 24 | $1.5B | $519.3M |
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $2.3B | $-2.7B | ||
| Q3 25 | $2.1B | $-1.9B | ||
| Q2 25 | $2.2B | $-886.2M | ||
| Q1 25 | $2.1B | $-958.6M | ||
| Q4 24 | $2.1B | $-940.0M | ||
| Q3 24 | $2.1B | $-751.0M | ||
| Q2 24 | $2.2B | $-734.5M | ||
| Q1 24 | $2.2B | $-650.5M |
| Q4 25 | $4.1B | $5.7B | ||
| Q3 25 | $3.7B | $5.4B | ||
| Q2 25 | $3.7B | $5.4B | ||
| Q1 25 | $3.5B | $5.3B | ||
| Q4 24 | $3.7B | $5.4B | ||
| Q3 24 | $3.6B | $5.4B | ||
| Q2 24 | $3.7B | $5.5B | ||
| Q1 24 | $3.6B | $5.5B |
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 | $480.5M | $501.1M |
| Free Cash FlowOCF − Capex | $465.6M | $488.7M |
| FCF MarginFCF / Revenue | 32.8% | 59.4% |
| Capex IntensityCapex / Revenue | 1.0% | 1.5% |
| Cash ConversionOCF / Net Profit | 1.91× | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | $903.6M | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $480.5M | $501.1M | ||
| Q3 25 | $228.8M | $449.4M | ||
| Q2 25 | $125.0M | $336.1M | ||
| Q1 25 | $129.7M | $301.7M | ||
| Q4 24 | $370.9M | $430.6M | ||
| Q3 24 | $166.0M | $421.6M | ||
| Q2 24 | $176.0M | $349.2M | ||
| Q1 24 | $239.1M | $300.1M |
| Q4 25 | $465.6M | $488.7M | ||
| Q3 25 | $212.3M | $445.5M | ||
| Q2 25 | $108.8M | $324.7M | ||
| Q1 25 | $116.9M | $290.2M | ||
| Q4 24 | $356.6M | $416.4M | ||
| Q3 24 | $151.5M | $415.0M | ||
| Q2 24 | $161.4M | $340.6M | ||
| Q1 24 | $228.8M | $295.9M |
| Q4 25 | 32.8% | 59.4% | ||
| Q3 25 | 17.9% | 56.2% | ||
| Q2 25 | 9.5% | 42.0% | ||
| Q1 25 | 11.6% | 38.9% | ||
| Q4 24 | 26.6% | 56.0% | ||
| Q3 24 | 13.6% | 57.3% | ||
| Q2 24 | 14.8% | 48.1% | ||
| Q1 24 | 22.6% | 43.5% |
| Q4 25 | 1.0% | 1.5% | ||
| Q3 25 | 1.4% | 0.5% | ||
| Q2 25 | 1.4% | 1.5% | ||
| Q1 25 | 1.3% | 1.5% | ||
| Q4 24 | 1.1% | 1.9% | ||
| Q3 24 | 1.3% | 0.9% | ||
| Q2 24 | 1.3% | 1.2% | ||
| Q1 24 | 1.0% | 0.6% |
| Q4 25 | 1.91× | 1.76× | ||
| Q3 25 | 1.34× | 1.38× | ||
| Q2 25 | 0.86× | 1.11× | ||
| Q1 25 | 0.90× | 1.05× | ||
| Q4 24 | 1.85× | 1.41× | ||
| Q3 24 | 1.14× | 1.50× | ||
| Q2 24 | 1.24× | 1.31× | ||
| Q1 24 | 1.43× | 1.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |
