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Side-by-side financial comparison of LOGITECH INTERNATIONAL S.A. (LOGI) and Trade Desk (The) (TTD). 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 $846.8M, roughly 1.7× Trade Desk (The)). Trade Desk (The) runs the higher net margin — 22.1% vs 17.7%, a 4.4% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (14.3% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $285.3M). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (31.3% 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.
The Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
LOGI vs TTD — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $846.8M |
| Net Profit | $251.0M | $186.9M |
| Gross Margin | 43.2% | 80.7% |
| Operating Margin | 20.1% | 30.3% |
| Net Margin | 17.7% | 22.1% |
| Revenue YoY | 6.1% | 14.3% |
| Net Profit YoY | 25.4% | 2.6% |
| EPS (diluted) | $1.69 | $0.39 |
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 | $846.8M | ||
| Q3 25 | $1.2B | $739.4M | ||
| Q2 25 | $1.1B | $694.0M | ||
| Q1 25 | $1.0B | $616.0M | ||
| Q4 24 | $1.3B | $741.0M | ||
| Q3 24 | $1.1B | $628.0M | ||
| Q2 24 | $1.1B | $584.5M | ||
| Q1 24 | $1.0B | $491.3M |
| Q4 25 | $251.0M | $186.9M | ||
| Q3 25 | $170.7M | $115.5M | ||
| Q2 25 | $146.0M | $90.1M | ||
| Q1 25 | $144.1M | $50.7M | ||
| Q4 24 | $200.1M | $182.2M | ||
| Q3 24 | $145.5M | $94.2M | ||
| Q2 24 | $141.8M | $85.0M | ||
| Q1 24 | $167.6M | $31.7M |
| Q4 25 | 43.2% | 80.7% | ||
| Q3 25 | 43.4% | 78.1% | ||
| Q2 25 | 41.7% | 78.2% | ||
| Q1 25 | 43.1% | 76.8% | ||
| Q4 24 | 42.9% | 81.7% | ||
| Q3 24 | 43.6% | 80.5% | ||
| Q2 24 | 42.8% | 81.1% | ||
| Q1 24 | 43.2% | 78.9% |
| Q4 25 | 20.1% | 30.3% | ||
| Q3 25 | 16.1% | 21.8% | ||
| Q2 25 | 14.1% | 16.8% | ||
| Q1 25 | 10.5% | 8.8% | ||
| Q4 24 | 17.5% | 26.4% | ||
| Q3 24 | 14.4% | 17.3% | ||
| Q2 24 | 14.1% | 16.2% | ||
| Q1 24 | 12.9% | 5.8% |
| Q4 25 | 17.7% | 22.1% | ||
| Q3 25 | 14.4% | 15.6% | ||
| Q2 25 | 12.7% | 13.0% | ||
| Q1 25 | 14.3% | 8.2% | ||
| Q4 24 | 14.9% | 24.6% | ||
| Q3 24 | 13.0% | 15.0% | ||
| Q2 24 | 13.0% | 14.5% | ||
| Q1 24 | 16.6% | 6.4% |
| Q4 25 | $1.69 | $0.39 | ||
| Q3 25 | $1.15 | $0.23 | ||
| Q2 25 | $0.98 | $0.18 | ||
| Q1 25 | $0.94 | $0.10 | ||
| Q4 24 | $1.32 | $0.36 | ||
| Q3 24 | $0.95 | $0.19 | ||
| Q2 24 | $0.92 | $0.17 | ||
| 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 | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.3B | $2.5B |
| Total Assets | $4.1B | $6.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.8B | $1.3B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.5B | $1.7B | ||
| Q1 25 | $1.5B | $1.7B | ||
| Q4 24 | $1.5B | $1.9B | ||
| Q3 24 | $1.4B | $1.7B | ||
| Q2 24 | $1.5B | $1.5B | ||
| Q1 24 | $1.5B | $1.4B |
| Q4 25 | $2.3B | $2.5B | ||
| Q3 25 | $2.1B | $2.6B | ||
| Q2 25 | $2.2B | $2.7B | ||
| Q1 25 | $2.1B | $2.7B | ||
| Q4 24 | $2.1B | $2.9B | ||
| Q3 24 | $2.1B | $2.6B | ||
| Q2 24 | $2.2B | $2.4B | ||
| Q1 24 | $2.2B | $2.2B |
| Q4 25 | $4.1B | $6.2B | ||
| Q3 25 | $3.7B | $5.9B | ||
| Q2 25 | $3.7B | $6.0B | ||
| Q1 25 | $3.5B | $5.7B | ||
| Q4 24 | $3.7B | $6.1B | ||
| Q3 24 | $3.6B | $5.5B | ||
| Q2 24 | $3.7B | $5.2B | ||
| Q1 24 | $3.6B | $4.7B |
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 | $311.6M |
| Free Cash FlowOCF − Capex | $465.6M | $285.3M |
| FCF MarginFCF / Revenue | 32.8% | 33.7% |
| Capex IntensityCapex / Revenue | 1.0% | 3.1% |
| Cash ConversionOCF / Net Profit | 1.91× | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | $903.6M | $795.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $480.5M | $311.6M | ||
| Q3 25 | $228.8M | $224.7M | ||
| Q2 25 | $125.0M | $165.0M | ||
| Q1 25 | $129.7M | $291.4M | ||
| Q4 24 | $370.9M | $199.4M | ||
| Q3 24 | $166.0M | $273.3M | ||
| Q2 24 | $176.0M | $81.3M | ||
| Q1 24 | $239.1M | $185.5M |
| Q4 25 | $465.6M | $285.3M | ||
| Q3 25 | $212.3M | $158.3M | ||
| Q2 25 | $108.8M | $119.8M | ||
| Q1 25 | $116.9M | $232.3M | ||
| Q4 24 | $356.6M | $179.2M | ||
| Q3 24 | $151.5M | $224.6M | ||
| Q2 24 | $161.4M | $59.1M | ||
| Q1 24 | $228.8M | $178.2M |
| Q4 25 | 32.8% | 33.7% | ||
| Q3 25 | 17.9% | 21.4% | ||
| Q2 25 | 9.5% | 17.3% | ||
| Q1 25 | 11.6% | 37.7% | ||
| Q4 24 | 26.6% | 24.2% | ||
| Q3 24 | 13.6% | 35.8% | ||
| Q2 24 | 14.8% | 10.1% | ||
| Q1 24 | 22.6% | 36.3% |
| Q4 25 | 1.0% | 3.1% | ||
| Q3 25 | 1.4% | 9.0% | ||
| Q2 25 | 1.4% | 6.5% | ||
| Q1 25 | 1.3% | 9.6% | ||
| Q4 24 | 1.1% | 2.7% | ||
| Q3 24 | 1.3% | 7.8% | ||
| Q2 24 | 1.3% | 3.8% | ||
| Q1 24 | 1.0% | 1.5% |
| Q4 25 | 1.91× | 1.67× | ||
| Q3 25 | 1.34× | 1.94× | ||
| Q2 25 | 0.86× | 1.83× | ||
| Q1 25 | 0.90× | 5.75× | ||
| Q4 24 | 1.85× | 1.09× | ||
| Q3 24 | 1.14× | 2.90× | ||
| Q2 24 | 1.24× | 0.96× | ||
| Q1 24 | 1.43× | 5.86× |
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% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
