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Side-by-side financial comparison of LOGITECH INTERNATIONAL S.A. (LOGI) and Tronox Holdings plc (TROX). 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 $730.0M, roughly 1.9× Tronox Holdings plc). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs -24.1%, a 41.8% gap on every dollar of revenue. On growth, Tronox Holdings plc posted the faster year-over-year revenue change (8.0% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $53.0M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs -2.9%).
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.
Tronox Limited is an American worldwide chemical company involved in the titanium products industry with approximately 6,500 employees. Following its acquisition of the mineral sands business formerly belonging to South Africa's Exxaro Resources, Tronox is the largest fully integrated seller and marketer of titanium dioxide (TiO2) pigment, which provides brightness to applications such as coatings, plastics and paper. Tronox mines titanium-bearing mineral sands and operates upgrading faciliti...
LOGI vs TROX — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.4B | $730.0M |
| Net Profit | $251.0M | $-176.0M |
| Gross Margin | 43.2% | 5.3% |
| Operating Margin | 20.1% | -15.6% |
| Net Margin | 17.7% | -24.1% |
| Revenue YoY | 6.1% | 8.0% |
| Net Profit YoY | 25.4% | -486.7% |
| EPS (diluted) | $1.69 | $-1.11 |
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 | $730.0M | ||
| Q3 25 | $1.2B | $699.0M | ||
| Q2 25 | $1.1B | $731.0M | ||
| Q1 25 | $1.0B | $738.0M | ||
| Q4 24 | $1.3B | $676.0M | ||
| Q3 24 | $1.1B | $804.0M | ||
| Q2 24 | $1.1B | $820.0M | ||
| Q1 24 | $1.0B | $774.0M |
| Q4 25 | $251.0M | $-176.0M | ||
| Q3 25 | $170.7M | $-99.0M | ||
| Q2 25 | $146.0M | $-84.0M | ||
| Q1 25 | $144.1M | $-111.0M | ||
| Q4 24 | $200.1M | $-30.0M | ||
| Q3 24 | $145.5M | $-25.0M | ||
| Q2 24 | $141.8M | $16.0M | ||
| Q1 24 | $167.6M | $-9.0M |
| Q4 25 | 43.2% | 5.3% | ||
| Q3 25 | 43.4% | 7.4% | ||
| Q2 25 | 41.7% | 10.8% | ||
| Q1 25 | 43.1% | 13.4% | ||
| Q4 24 | 42.9% | 17.3% | ||
| Q3 24 | 43.6% | 15.9% | ||
| Q2 24 | 42.8% | 18.3% | ||
| Q1 24 | 43.2% | 15.5% |
| Q4 25 | 20.1% | -15.6% | ||
| Q3 25 | 16.1% | -6.2% | ||
| Q2 25 | 14.1% | -4.8% | ||
| Q1 25 | 10.5% | -8.3% | ||
| Q4 24 | 17.5% | 7.1% | ||
| Q3 24 | 14.4% | 6.7% | ||
| Q2 24 | 14.1% | 9.3% | ||
| Q1 24 | 12.9% | 5.3% |
| Q4 25 | 17.7% | -24.1% | ||
| Q3 25 | 14.4% | -14.2% | ||
| Q2 25 | 12.7% | -11.5% | ||
| Q1 25 | 14.3% | -15.0% | ||
| Q4 24 | 14.9% | -4.4% | ||
| Q3 24 | 13.0% | -3.1% | ||
| Q2 24 | 13.0% | 2.0% | ||
| Q1 24 | 16.6% | -1.2% |
| Q4 25 | $1.69 | $-1.11 | ||
| Q3 25 | $1.15 | $-0.63 | ||
| Q2 25 | $0.98 | $-0.53 | ||
| Q1 25 | $0.94 | $-0.70 | ||
| Q4 24 | $1.32 | $-0.19 | ||
| Q3 24 | $0.95 | $-0.16 | ||
| Q2 24 | $0.92 | $0.10 | ||
| Q1 24 | $1.07 | $-0.06 |
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 | $199.0M |
| Total DebtLower is stronger | — | $3.1B |
| Stockholders' EquityBook value | $2.3B | $1.4B |
| Total Assets | $4.1B | $6.2B |
| Debt / EquityLower = less leverage | — | 2.21× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.8B | $199.0M | ||
| Q3 25 | $1.4B | $185.0M | ||
| Q2 25 | $1.5B | $132.0M | ||
| Q1 25 | $1.5B | $138.0M | ||
| Q4 24 | $1.5B | $151.0M | ||
| Q3 24 | $1.4B | $167.0M | ||
| Q2 24 | $1.5B | $201.0M | ||
| Q1 24 | $1.5B | $152.0M |
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.8B |
| Q4 25 | $2.3B | $1.4B | ||
| Q3 25 | $2.1B | $1.6B | ||
| Q2 25 | $2.2B | $1.6B | ||
| Q1 25 | $2.1B | $1.7B | ||
| Q4 24 | $2.1B | $1.8B | ||
| Q3 24 | $2.1B | $1.9B | ||
| Q2 24 | $2.2B | $1.9B | ||
| Q1 24 | $2.2B | $1.9B |
| Q4 25 | $4.1B | $6.2B | ||
| Q3 25 | $3.7B | $6.3B | ||
| Q2 25 | $3.7B | $6.2B | ||
| Q1 25 | $3.5B | $6.1B | ||
| Q4 24 | $3.7B | $6.0B | ||
| Q3 24 | $3.6B | $6.2B | ||
| Q2 24 | $3.7B | $6.1B | ||
| Q1 24 | $3.6B | $6.0B |
| Q4 25 | — | 2.21× | ||
| Q3 25 | — | 2.01× | ||
| Q2 25 | — | 1.67× | ||
| Q1 25 | — | 1.64× | ||
| Q4 24 | — | 1.57× | ||
| Q3 24 | — | 1.45× | ||
| Q2 24 | — | 1.47× | ||
| Q1 24 | — | 1.48× |
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 | $121.0M |
| Free Cash FlowOCF − Capex | $465.6M | $53.0M |
| FCF MarginFCF / Revenue | 32.8% | 7.3% |
| Capex IntensityCapex / Revenue | 1.0% | 9.3% |
| Cash ConversionOCF / Net Profit | 1.91× | — |
| TTM Free Cash FlowTrailing 4 quarters | $903.6M | $-281.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $480.5M | $121.0M | ||
| Q3 25 | $228.8M | $-57.0M | ||
| Q2 25 | $125.0M | $28.0M | ||
| Q1 25 | $129.7M | $-32.0M | ||
| Q4 24 | $370.9M | $82.0M | ||
| Q3 24 | $166.0M | $87.0M | ||
| Q2 24 | $176.0M | $160.0M | ||
| Q1 24 | $239.1M | $-29.0M |
| Q4 25 | $465.6M | $53.0M | ||
| Q3 25 | $212.3M | $-137.0M | ||
| Q2 25 | $108.8M | $-55.0M | ||
| Q1 25 | $116.9M | $-142.0M | ||
| Q4 24 | $356.6M | $-35.0M | ||
| Q3 24 | $151.5M | $-14.0M | ||
| Q2 24 | $161.4M | $84.0M | ||
| Q1 24 | $228.8M | $-105.0M |
| Q4 25 | 32.8% | 7.3% | ||
| Q3 25 | 17.9% | -19.6% | ||
| Q2 25 | 9.5% | -7.5% | ||
| Q1 25 | 11.6% | -19.2% | ||
| Q4 24 | 26.6% | -5.2% | ||
| Q3 24 | 13.6% | -1.7% | ||
| Q2 24 | 14.8% | 10.2% | ||
| Q1 24 | 22.6% | -13.6% |
| Q4 25 | 1.0% | 9.3% | ||
| Q3 25 | 1.4% | 11.4% | ||
| Q2 25 | 1.4% | 11.4% | ||
| Q1 25 | 1.3% | 14.9% | ||
| Q4 24 | 1.1% | 17.3% | ||
| Q3 24 | 1.3% | 12.6% | ||
| Q2 24 | 1.3% | 9.3% | ||
| Q1 24 | 1.0% | 9.8% |
| Q4 25 | 1.91× | — | ||
| Q3 25 | 1.34× | — | ||
| Q2 25 | 0.86× | — | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | 1.85× | — | ||
| Q3 24 | 1.14× | — | ||
| Q2 24 | 1.24× | 10.00× | ||
| Q1 24 | 1.43× | — |
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% |
TROX
| Ti O2 | $577.0M | 79% |
| Zircon | $78.0M | 11% |
| Idle Facility And Lower Of Cost Or Net Realizable Value Charges | $42.0M | 6% |
| Other | $20.0M | 3% |
| MGT | $13.0M | 2% |