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Side-by-side financial comparison of LOGITECH INTERNATIONAL S.A. (LOGI) and Molson Coors Beverage Company (TAP). Click either name above to swap in a different company.

Molson Coors Beverage Company is the larger business by last-quarter revenue ($2.7B vs $1.4B, roughly 1.9× LOGITECH INTERNATIONAL S.A.). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs 5.5%, a 12.1% gap on every dollar of revenue. On growth, LOGITECH INTERNATIONAL S.A. posted the faster year-over-year revenue change (6.1% vs 2.0%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $-212.9M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs -15.8%).

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.

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.

LOGI vs TAP — Head-to-Head

Bigger by revenue
TAP
TAP
1.9× larger
TAP
$2.7B
$1.4B
LOGI
Growing faster (revenue YoY)
LOGI
LOGI
+4.0% gap
LOGI
6.1%
2.0%
TAP
Higher net margin
LOGI
LOGI
12.1% more per $
LOGI
17.7%
5.5%
TAP
More free cash flow
LOGI
LOGI
$678.5M more FCF
LOGI
$465.6M
$-212.9M
TAP
Faster 2-yr revenue CAGR
LOGI
LOGI
Annualised
LOGI
18.5%
-15.8%
TAP

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
LOGI
LOGI
TAP
TAP
Revenue
$1.4B
$2.7B
Net Profit
$251.0M
$150.1M
Gross Margin
43.2%
33.0%
Operating Margin
20.1%
Net Margin
17.7%
5.5%
Revenue YoY
6.1%
2.0%
Net Profit YoY
25.4%
25.0%
EPS (diluted)
$1.69
$0.80

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
TAP
TAP
Q1 26
$2.7B
Q4 25
$1.4B
$3.1B
Q3 25
$1.2B
$3.5B
Q2 25
$1.1B
$3.7B
Q1 25
$1.0B
$2.7B
Q4 24
$1.3B
$3.2B
Q3 24
$1.1B
$3.6B
Q2 24
$1.1B
$3.8B
Net Profit
LOGI
LOGI
TAP
TAP
Q1 26
$150.1M
Q4 25
$251.0M
$238.3M
Q3 25
$170.7M
$-2.9B
Q2 25
$146.0M
$428.7M
Q1 25
$144.1M
$121.0M
Q4 24
$200.1M
$287.8M
Q3 24
$145.5M
$199.8M
Q2 24
$141.8M
$427.0M
Gross Margin
LOGI
LOGI
TAP
TAP
Q1 26
33.0%
Q4 25
43.2%
31.0%
Q3 25
43.4%
33.7%
Q2 25
41.7%
34.3%
Q1 25
43.1%
31.6%
Q4 24
42.9%
32.0%
Q3 24
43.6%
33.4%
Q2 24
42.8%
34.6%
Operating Margin
LOGI
LOGI
TAP
TAP
Q1 26
Q4 25
20.1%
10.4%
Q3 25
16.1%
-98.5%
Q2 25
14.1%
15.6%
Q1 25
10.5%
6.9%
Q4 24
17.5%
12.0%
Q3 24
14.4%
12.5%
Q2 24
14.1%
15.6%
Net Margin
LOGI
LOGI
TAP
TAP
Q1 26
5.5%
Q4 25
17.7%
7.6%
Q3 25
14.4%
-84.0%
Q2 25
12.7%
11.5%
Q1 25
14.3%
4.5%
Q4 24
14.9%
8.9%
Q3 24
13.0%
5.5%
Q2 24
13.0%
11.1%
EPS (diluted)
LOGI
LOGI
TAP
TAP
Q1 26
$0.80
Q4 25
$1.69
$1.32
Q3 25
$1.15
$-14.79
Q2 25
$0.98
$2.13
Q1 25
$0.94
$0.59
Q4 24
$1.32
$1.39
Q3 24
$0.95
$0.96
Q2 24
$0.92
$2.03

Balance Sheet & Financial Strength

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

Metric
LOGI
LOGI
TAP
TAP
Cash + ST InvestmentsLiquidity on hand
$1.8B
$382.6M
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$2.3B
$10.3B
Total Assets
$4.1B
$22.4B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOGI
LOGI
TAP
TAP
Q1 26
$382.6M
Q4 25
$1.8B
$896.5M
Q3 25
$1.4B
$950.2M
Q2 25
$1.5B
$613.8M
Q1 25
$1.5B
$412.7M
Q4 24
$1.5B
$969.3M
Q3 24
$1.4B
$1.0B
Q2 24
$1.5B
$1.6B
Total Debt
LOGI
LOGI
TAP
TAP
Q1 26
$3.8B
Q4 25
$6.3B
Q3 25
$6.3B
Q2 25
$6.3B
Q1 25
$6.2B
Q4 24
$6.1B
Q3 24
$6.2B
Q2 24
$7.0B
Stockholders' Equity
LOGI
LOGI
TAP
TAP
Q1 26
$10.3B
Q4 25
$2.3B
$10.2B
Q3 25
$2.1B
$10.3B
Q2 25
$2.2B
$13.4B
Q1 25
$2.1B
$13.1B
Q4 24
$2.1B
$13.1B
Q3 24
$2.1B
$13.3B
Q2 24
$2.2B
$13.2B
Total Assets
LOGI
LOGI
TAP
TAP
Q1 26
$22.4B
Q4 25
$4.1B
$22.7B
Q3 25
$3.7B
$22.9B
Q2 25
$3.7B
$26.8B
Q1 25
$3.5B
$25.9B
Q4 24
$3.7B
$26.1B
Q3 24
$3.6B
$26.6B
Q2 24
$3.7B
$27.4B
Debt / Equity
LOGI
LOGI
TAP
TAP
Q1 26
0.38×
Q4 25
0.61×
Q3 25
0.61×
Q2 25
0.47×
Q1 25
0.47×
Q4 24
0.47×
Q3 24
0.47×
Q2 24
0.53×

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
TAP
TAP
Operating Cash FlowLast quarter
$480.5M
Free Cash FlowOCF − Capex
$465.6M
$-212.9M
FCF MarginFCF / Revenue
32.8%
-7.8%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
1.91×
TTM Free Cash FlowTrailing 4 quarters
$903.6M
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOGI
LOGI
TAP
TAP
Q1 26
Q4 25
$480.5M
$540.7M
Q3 25
$228.8M
$616.1M
Q2 25
$125.0M
$718.3M
Q1 25
$129.7M
$-90.7M
Q4 24
$370.9M
$494.5M
Q3 24
$166.0M
$521.2M
Q2 24
$176.0M
$869.2M
Free Cash Flow
LOGI
LOGI
TAP
TAP
Q1 26
$-212.9M
Q4 25
$465.6M
$357.8M
Q3 25
$212.3M
$483.0M
Q2 25
$108.8M
$555.0M
Q1 25
$116.9M
$-328.0M
Q4 24
$356.6M
$383.4M
Q3 24
$151.5M
$350.4M
Q2 24
$161.4M
$691.7M
FCF Margin
LOGI
LOGI
TAP
TAP
Q1 26
-7.8%
Q4 25
32.8%
11.4%
Q3 25
17.9%
13.9%
Q2 25
9.5%
14.8%
Q1 25
11.6%
-12.2%
Q4 24
26.6%
11.8%
Q3 24
13.6%
9.7%
Q2 24
14.8%
18.0%
Capex Intensity
LOGI
LOGI
TAP
TAP
Q1 26
Q4 25
1.0%
5.9%
Q3 25
1.4%
3.8%
Q2 25
1.4%
4.4%
Q1 25
1.3%
8.8%
Q4 24
1.1%
3.4%
Q3 24
1.3%
4.7%
Q2 24
1.3%
4.6%
Cash Conversion
LOGI
LOGI
TAP
TAP
Q1 26
Q4 25
1.91×
2.27×
Q3 25
1.34×
Q2 25
0.86×
1.68×
Q1 25
0.90×
-0.75×
Q4 24
1.85×
1.72×
Q3 24
1.14×
2.61×
Q2 24
1.24×
2.04×

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%

TAP
TAP

Segment breakdown not available.

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