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Side-by-side financial comparison of LOGITECH INTERNATIONAL S.A. (LOGI) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). 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 $891.0M, roughly 1.6× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 17.7%, a 11.9% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs 6.1%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $465.6M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 9.6%).

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.

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

LOGI vs ZION — Head-to-Head

Bigger by revenue
LOGI
LOGI
1.6× larger
LOGI
$1.4B
$891.0M
ZION
Growing faster (revenue YoY)
ZION
ZION
+2.6% gap
ZION
8.7%
6.1%
LOGI
Higher net margin
ZION
ZION
11.9% more per $
ZION
29.5%
17.7%
LOGI
More free cash flow
ZION
ZION
$486.4M more FCF
ZION
$952.0M
$465.6M
LOGI
Faster 2-yr revenue CAGR
LOGI
LOGI
Annualised
LOGI
18.5%
9.6%
ZION

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LOGI
LOGI
ZION
ZION
Revenue
$1.4B
$891.0M
Net Profit
$251.0M
$263.0M
Gross Margin
43.2%
Operating Margin
20.1%
Net Margin
17.7%
29.5%
Revenue YoY
6.1%
8.7%
Net Profit YoY
25.4%
21.8%
EPS (diluted)
$1.69
$1.77

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
ZION
ZION
Q4 25
$1.4B
$891.0M
Q3 25
$1.2B
$861.0M
Q2 25
$1.1B
$838.0M
Q1 25
$1.0B
$795.0M
Q4 24
$1.3B
$820.0M
Q3 24
$1.1B
$792.0M
Q2 24
$1.1B
$777.0M
Q1 24
$1.0B
$742.0M
Net Profit
LOGI
LOGI
ZION
ZION
Q4 25
$251.0M
$263.0M
Q3 25
$170.7M
$222.0M
Q2 25
$146.0M
$244.0M
Q1 25
$144.1M
$170.0M
Q4 24
$200.1M
$216.0M
Q3 24
$145.5M
$214.0M
Q2 24
$141.8M
$201.0M
Q1 24
$167.6M
$153.0M
Gross Margin
LOGI
LOGI
ZION
ZION
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%
Operating Margin
LOGI
LOGI
ZION
ZION
Q4 25
20.1%
Q3 25
16.1%
Q2 25
14.1%
Q1 25
10.5%
Q4 24
17.5%
Q3 24
14.4%
Q2 24
14.1%
Q1 24
12.9%
Net Margin
LOGI
LOGI
ZION
ZION
Q4 25
17.7%
29.5%
Q3 25
14.4%
25.8%
Q2 25
12.7%
29.1%
Q1 25
14.3%
21.4%
Q4 24
14.9%
26.3%
Q3 24
13.0%
27.0%
Q2 24
13.0%
25.9%
Q1 24
16.6%
20.6%
EPS (diluted)
LOGI
LOGI
ZION
ZION
Q4 25
$1.69
$1.77
Q3 25
$1.15
$1.48
Q2 25
$0.98
$1.63
Q1 25
$0.94
$1.13
Q4 24
$1.32
$1.34
Q3 24
$0.95
$1.37
Q2 24
$0.92
$1.28
Q1 24
$1.07
$0.96

Balance Sheet & Financial Strength

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

Metric
LOGI
LOGI
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
$1.8B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.3B
$7.2B
Total Assets
$4.1B
$89.0B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOGI
LOGI
ZION
ZION
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
ZION
ZION
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$970.0M
Q1 25
$964.0M
Q4 24
$950.0M
Q3 24
$548.0M
Q2 24
$546.0M
Q1 24
$544.0M
Stockholders' Equity
LOGI
LOGI
ZION
ZION
Q4 25
$2.3B
$7.2B
Q3 25
$2.1B
$6.9B
Q2 25
$2.2B
$6.6B
Q1 25
$2.1B
$6.3B
Q4 24
$2.1B
$6.1B
Q3 24
$2.1B
$6.4B
Q2 24
$2.2B
$6.0B
Q1 24
$2.2B
$5.8B
Total Assets
LOGI
LOGI
ZION
ZION
Q4 25
$4.1B
$89.0B
Q3 25
$3.7B
$88.5B
Q2 25
$3.7B
$88.9B
Q1 25
$3.5B
$88.0B
Q4 24
$3.7B
$88.8B
Q3 24
$3.6B
$87.0B
Q2 24
$3.7B
$87.6B
Q1 24
$3.6B
$87.1B
Debt / Equity
LOGI
LOGI
ZION
ZION
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.15×
Q1 25
0.15×
Q4 24
0.16×
Q3 24
0.09×
Q2 24
0.09×
Q1 24
0.09×

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
ZION
ZION
Operating Cash FlowLast quarter
$480.5M
$1.1B
Free Cash FlowOCF − Capex
$465.6M
$952.0M
FCF MarginFCF / Revenue
32.8%
106.8%
Capex IntensityCapex / Revenue
1.0%
13.6%
Cash ConversionOCF / Net Profit
1.91×
4.08×
TTM Free Cash FlowTrailing 4 quarters
$903.6M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOGI
LOGI
ZION
ZION
Q4 25
$480.5M
$1.1B
Q3 25
$228.8M
$438.0M
Q2 25
$125.0M
$-62.0M
Q1 25
$129.7M
$179.0M
Q4 24
$370.9M
$1.1B
Q3 24
$166.0M
$119.0M
Q2 24
$176.0M
$251.0M
Q1 24
$239.1M
$261.0M
Free Cash Flow
LOGI
LOGI
ZION
ZION
Q4 25
$465.6M
$952.0M
Q3 25
$212.3M
$413.0M
Q2 25
$108.8M
$-93.0M
Q1 25
$116.9M
$152.0M
Q4 24
$356.6M
$1.1B
Q3 24
$151.5M
$97.0M
Q2 24
$161.4M
$234.0M
Q1 24
$228.8M
$231.0M
FCF Margin
LOGI
LOGI
ZION
ZION
Q4 25
32.8%
106.8%
Q3 25
17.9%
48.0%
Q2 25
9.5%
-11.1%
Q1 25
11.6%
19.1%
Q4 24
26.6%
128.2%
Q3 24
13.6%
12.2%
Q2 24
14.8%
30.1%
Q1 24
22.6%
31.1%
Capex Intensity
LOGI
LOGI
ZION
ZION
Q4 25
1.0%
13.6%
Q3 25
1.4%
2.9%
Q2 25
1.4%
3.7%
Q1 25
1.3%
3.4%
Q4 24
1.1%
11.8%
Q3 24
1.3%
2.8%
Q2 24
1.3%
2.2%
Q1 24
1.0%
4.0%
Cash Conversion
LOGI
LOGI
ZION
ZION
Q4 25
1.91×
4.08×
Q3 25
1.34×
1.97×
Q2 25
0.86×
-0.25×
Q1 25
0.90×
1.05×
Q4 24
1.85×
5.31×
Q3 24
1.14×
0.56×
Q2 24
1.24×
1.25×
Q1 24
1.43×
1.71×

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%

ZION
ZION

Segment breakdown not available.

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