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Side-by-side financial comparison of LOGITECH INTERNATIONAL S.A. (LOGI) and Veralto (VLTO). Click either name above to swap in a different company.

Veralto is the larger business by last-quarter revenue ($1.4B vs $1.4B, roughly 1.0× LOGITECH INTERNATIONAL S.A.). Veralto runs the higher net margin — 17.9% vs 17.7%, a 0.2% gap on every dollar of revenue. On growth, Veralto posted the faster year-over-year revenue change (6.8% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $170.0M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 6.8%).

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.

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

LOGI vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.0× larger
VLTO
$1.4B
$1.4B
LOGI
Growing faster (revenue YoY)
VLTO
VLTO
+0.7% gap
VLTO
6.8%
6.1%
LOGI
Higher net margin
VLTO
VLTO
0.2% more per $
VLTO
17.9%
17.7%
LOGI
More free cash flow
LOGI
LOGI
$295.6M more FCF
LOGI
$465.6M
$170.0M
VLTO
Faster 2-yr revenue CAGR
LOGI
LOGI
Annualised
LOGI
18.5%
6.8%
VLTO

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
LOGI
LOGI
VLTO
VLTO
Revenue
$1.4B
$1.4B
Net Profit
$251.0M
$254.0M
Gross Margin
43.2%
60.1%
Operating Margin
20.1%
23.8%
Net Margin
17.7%
17.9%
Revenue YoY
6.1%
6.8%
Net Profit YoY
25.4%
12.9%
EPS (diluted)
$1.69
$1.02

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
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$1.4B
$1.4B
Q3 25
$1.2B
$1.4B
Q2 25
$1.1B
$1.3B
Q1 25
$1.0B
Q4 24
$1.3B
$1.3B
Q3 24
$1.1B
$1.3B
Q2 24
$1.1B
$1.3B
Net Profit
LOGI
LOGI
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$251.0M
$239.0M
Q3 25
$170.7M
$222.0M
Q2 25
$146.0M
$225.0M
Q1 25
$144.1M
Q4 24
$200.1M
$227.0M
Q3 24
$145.5M
$219.0M
Q2 24
$141.8M
$203.0M
Gross Margin
LOGI
LOGI
VLTO
VLTO
Q1 26
60.1%
Q4 25
43.2%
60.1%
Q3 25
43.4%
60.0%
Q2 25
41.7%
60.4%
Q1 25
43.1%
Q4 24
42.9%
59.6%
Q3 24
43.6%
59.6%
Q2 24
42.8%
60.1%
Operating Margin
LOGI
LOGI
VLTO
VLTO
Q1 26
23.8%
Q4 25
20.1%
23.2%
Q3 25
16.1%
22.8%
Q2 25
14.1%
24.2%
Q1 25
10.5%
Q4 24
17.5%
22.9%
Q3 24
14.4%
23.4%
Q2 24
14.1%
23.2%
Net Margin
LOGI
LOGI
VLTO
VLTO
Q1 26
17.9%
Q4 25
17.7%
17.0%
Q3 25
14.4%
16.2%
Q2 25
12.7%
16.9%
Q1 25
14.3%
Q4 24
14.9%
16.9%
Q3 24
13.0%
16.7%
Q2 24
13.0%
15.8%
EPS (diluted)
LOGI
LOGI
VLTO
VLTO
Q1 26
$1.02
Q4 25
$1.69
$0.95
Q3 25
$1.15
$0.89
Q2 25
$0.98
$0.90
Q1 25
$0.94
Q4 24
$1.32
$0.91
Q3 24
$0.95
$0.88
Q2 24
$0.92
$0.81

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOGI
LOGI
VLTO
VLTO
Q1 26
Q4 25
$1.8B
$1.8B
Q3 25
$1.4B
$1.6B
Q2 25
$1.5B
$1.2B
Q1 25
$1.5B
Q4 24
$1.5B
$1.1B
Q3 24
$1.4B
$1.3B
Q2 24
$1.5B
$1.0B
Total Debt
LOGI
LOGI
VLTO
VLTO
Q1 26
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.6B
Stockholders' Equity
LOGI
LOGI
VLTO
VLTO
Q1 26
Q4 25
$2.3B
$2.8B
Q3 25
$2.1B
$2.7B
Q2 25
$2.2B
$2.3B
Q1 25
$2.1B
Q4 24
$2.1B
$2.0B
Q3 24
$2.1B
$2.0B
Q2 24
$2.2B
$1.7B
Total Assets
LOGI
LOGI
VLTO
VLTO
Q1 26
Q4 25
$4.1B
$7.4B
Q3 25
$3.7B
$7.2B
Q2 25
$3.7B
$6.6B
Q1 25
$3.5B
Q4 24
$3.7B
$6.4B
Q3 24
$3.6B
$6.3B
Q2 24
$3.7B
$5.9B
Debt / Equity
LOGI
LOGI
VLTO
VLTO
Q1 26
Q4 25
0.94×
Q3 25
1.01×
Q2 25
1.14×
Q1 25
Q4 24
1.28×
Q3 24
1.35×
Q2 24
1.57×

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
VLTO
VLTO
Operating Cash FlowLast quarter
$480.5M
$182.0M
Free Cash FlowOCF − Capex
$465.6M
$170.0M
FCF MarginFCF / Revenue
32.8%
12.0%
Capex IntensityCapex / Revenue
1.0%
0.8%
Cash ConversionOCF / Net Profit
1.91×
0.72×
TTM Free Cash FlowTrailing 4 quarters
$903.6M
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOGI
LOGI
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$480.5M
$270.0M
Q3 25
$228.8M
$339.0M
Q2 25
$125.0M
$157.0M
Q1 25
$129.7M
Q4 24
$370.9M
$285.0M
Q3 24
$166.0M
$224.0M
Q2 24
$176.0M
$251.0M
Free Cash Flow
LOGI
LOGI
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$465.6M
$258.0M
Q3 25
$212.3M
$323.0M
Q2 25
$108.8M
$142.0M
Q1 25
$116.9M
Q4 24
$356.6M
$263.0M
Q3 24
$151.5M
$215.0M
Q2 24
$161.4M
$240.0M
FCF Margin
LOGI
LOGI
VLTO
VLTO
Q1 26
12.0%
Q4 25
32.8%
18.4%
Q3 25
17.9%
23.6%
Q2 25
9.5%
10.7%
Q1 25
11.6%
Q4 24
26.6%
19.6%
Q3 24
13.6%
16.4%
Q2 24
14.8%
18.6%
Capex Intensity
LOGI
LOGI
VLTO
VLTO
Q1 26
0.8%
Q4 25
1.0%
0.9%
Q3 25
1.4%
1.2%
Q2 25
1.4%
1.1%
Q1 25
1.3%
Q4 24
1.1%
1.6%
Q3 24
1.3%
0.7%
Q2 24
1.3%
0.9%
Cash Conversion
LOGI
LOGI
VLTO
VLTO
Q1 26
0.72×
Q4 25
1.91×
1.13×
Q3 25
1.34×
1.53×
Q2 25
0.86×
0.70×
Q1 25
0.90×
Q4 24
1.85×
1.26×
Q3 24
1.14×
1.02×
Q2 24
1.24×
1.24×

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%

VLTO
VLTO

Segment breakdown not available.

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