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Side-by-side financial comparison of LOGITECH INTERNATIONAL S.A. (LOGI) and Restaurant Brands International Inc. (QSR). Click either name above to swap in a different company.

Restaurant Brands International Inc. is the larger business by last-quarter revenue ($2.5B vs $1.4B, roughly 1.7× LOGITECH INTERNATIONAL S.A.). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs 6.3%, a 11.4% gap on every dollar of revenue. On growth, Restaurant Brands International Inc. posted the faster year-over-year revenue change (7.4% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $453.0M). Over the past eight quarters, Restaurant Brands International Inc.'s revenue compounded faster (19.1% CAGR vs 18.5%).

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.

Restaurant Brands International Inc. (RBI) is an American-Canadian multinational fast food holding company. It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively. The company is the fifth-largest operator of fast food restaurants in the world after Subway, McDonald's, Starbucks and Yum! Brands....

LOGI vs QSR — Head-to-Head

Bigger by revenue
QSR
QSR
1.7× larger
QSR
$2.5B
$1.4B
LOGI
Growing faster (revenue YoY)
QSR
QSR
+1.3% gap
QSR
7.4%
6.1%
LOGI
Higher net margin
LOGI
LOGI
11.4% more per $
LOGI
17.7%
6.3%
QSR
More free cash flow
LOGI
LOGI
$12.6M more FCF
LOGI
$465.6M
$453.0M
QSR
Faster 2-yr revenue CAGR
QSR
QSR
Annualised
QSR
19.1%
18.5%
LOGI

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LOGI
LOGI
QSR
QSR
Revenue
$1.4B
$2.5B
Net Profit
$251.0M
$155.0M
Gross Margin
43.2%
Operating Margin
20.1%
25.2%
Net Margin
17.7%
6.3%
Revenue YoY
6.1%
7.4%
Net Profit YoY
25.4%
-57.1%
EPS (diluted)
$1.69
$0.33

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
QSR
QSR
Q4 25
$1.4B
$2.5B
Q3 25
$1.2B
$2.4B
Q2 25
$1.1B
$2.4B
Q1 25
$1.0B
$2.1B
Q4 24
$1.3B
$2.3B
Q3 24
$1.1B
$2.3B
Q2 24
$1.1B
$2.1B
Q1 24
$1.0B
$1.7B
Net Profit
LOGI
LOGI
QSR
QSR
Q4 25
$251.0M
$155.0M
Q3 25
$170.7M
$436.0M
Q2 25
$146.0M
$263.0M
Q1 25
$144.1M
$221.0M
Q4 24
$200.1M
$361.0M
Q3 24
$145.5M
$357.0M
Q2 24
$141.8M
$399.0M
Q1 24
$167.6M
$328.0M
Gross Margin
LOGI
LOGI
QSR
QSR
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%
65.2%
Operating Margin
LOGI
LOGI
QSR
QSR
Q4 25
20.1%
25.2%
Q3 25
16.1%
27.1%
Q2 25
14.1%
20.0%
Q1 25
10.5%
20.6%
Q4 24
17.5%
27.7%
Q3 24
14.4%
25.2%
Q2 24
14.1%
31.9%
Q1 24
12.9%
31.3%
Net Margin
LOGI
LOGI
QSR
QSR
Q4 25
17.7%
6.3%
Q3 25
14.4%
17.8%
Q2 25
12.7%
10.9%
Q1 25
14.3%
10.5%
Q4 24
14.9%
15.7%
Q3 24
13.0%
15.6%
Q2 24
13.0%
19.2%
Q1 24
16.6%
18.9%
EPS (diluted)
LOGI
LOGI
QSR
QSR
Q4 25
$1.69
$0.33
Q3 25
$1.15
$0.96
Q2 25
$0.98
$0.57
Q1 25
$0.94
$0.49
Q4 24
$1.32
$0.79
Q3 24
$0.95
$0.79
Q2 24
$0.92
$0.88
Q1 24
$1.07
$0.72

Balance Sheet & Financial Strength

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

Metric
LOGI
LOGI
QSR
QSR
Cash + ST InvestmentsLiquidity on hand
$1.8B
Total DebtLower is stronger
$13.3B
Stockholders' EquityBook value
$2.3B
$3.6B
Total Assets
$4.1B
$25.6B
Debt / EquityLower = less leverage
3.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOGI
LOGI
QSR
QSR
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
QSR
QSR
Q4 25
$13.3B
Q3 25
$13.5B
Q2 25
$13.6B
Q1 25
$13.6B
Q4 24
$13.6B
Q3 24
$13.7B
Q2 24
$13.7B
Q1 24
$12.9B
Stockholders' Equity
LOGI
LOGI
QSR
QSR
Q4 25
$2.3B
$3.6B
Q3 25
$2.1B
$3.4B
Q2 25
$2.2B
$3.3B
Q1 25
$2.1B
$3.1B
Q4 24
$2.1B
$3.1B
Q3 24
$2.1B
$3.2B
Q2 24
$2.2B
$3.1B
Q1 24
$2.2B
$3.0B
Total Assets
LOGI
LOGI
QSR
QSR
Q4 25
$4.1B
$25.6B
Q3 25
$3.7B
$25.7B
Q2 25
$3.7B
$25.7B
Q1 25
$3.5B
$24.9B
Q4 24
$3.7B
$24.6B
Q3 24
$3.6B
$25.1B
Q2 24
$3.7B
$24.8B
Q1 24
$3.6B
$23.1B
Debt / Equity
LOGI
LOGI
QSR
QSR
Q4 25
3.65×
Q3 25
3.99×
Q2 25
4.10×
Q1 25
4.37×
Q4 24
4.39×
Q3 24
4.22×
Q2 24
4.46×
Q1 24
4.35×

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
QSR
QSR
Operating Cash FlowLast quarter
$480.5M
$555.0M
Free Cash FlowOCF − Capex
$465.6M
$453.0M
FCF MarginFCF / Revenue
32.8%
18.4%
Capex IntensityCapex / Revenue
1.0%
4.1%
Cash ConversionOCF / Net Profit
1.91×
3.58×
TTM Free Cash FlowTrailing 4 quarters
$903.6M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOGI
LOGI
QSR
QSR
Q4 25
$480.5M
$555.0M
Q3 25
$228.8M
$592.0M
Q2 25
$125.0M
$449.0M
Q1 25
$129.7M
$118.0M
Q4 24
$370.9M
$481.0M
Q3 24
$166.0M
$540.0M
Q2 24
$176.0M
$334.0M
Q1 24
$239.1M
$148.0M
Free Cash Flow
LOGI
LOGI
QSR
QSR
Q4 25
$465.6M
$453.0M
Q3 25
$212.3M
$531.0M
Q2 25
$108.8M
$411.0M
Q1 25
$116.9M
$54.0M
Q4 24
$356.6M
$404.0M
Q3 24
$151.5M
$485.0M
Q2 24
$161.4M
$291.0M
Q1 24
$228.8M
$122.0M
FCF Margin
LOGI
LOGI
QSR
QSR
Q4 25
32.8%
18.4%
Q3 25
17.9%
21.7%
Q2 25
9.5%
17.1%
Q1 25
11.6%
2.6%
Q4 24
26.6%
17.6%
Q3 24
13.6%
21.2%
Q2 24
14.8%
14.0%
Q1 24
22.6%
7.0%
Capex Intensity
LOGI
LOGI
QSR
QSR
Q4 25
1.0%
4.1%
Q3 25
1.4%
2.5%
Q2 25
1.4%
1.6%
Q1 25
1.3%
3.0%
Q4 24
1.1%
3.4%
Q3 24
1.3%
2.4%
Q2 24
1.3%
2.1%
Q1 24
1.0%
1.5%
Cash Conversion
LOGI
LOGI
QSR
QSR
Q4 25
1.91×
3.58×
Q3 25
1.34×
1.36×
Q2 25
0.86×
1.71×
Q1 25
0.90×
0.53×
Q4 24
1.85×
1.33×
Q3 24
1.14×
1.51×
Q2 24
1.24×
0.84×
Q1 24
1.43×
0.45×

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%

QSR
QSR

CA$1.0B41%
Other$330.0M13%
Advertising$308.0M12%
Others$284.0M12%
Popeyes Louisiana Kitchen$195.0M8%
Burger King$185.0M8%
Royalty$87.0M4%
Firehouse Subs$59.0M2%
Franchisor$7.0M0%

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