Segment Information (Tables)
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6 Months Ended |
Sep. 30, 2025 |
| Segment Reporting [Abstract] |
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| Schedule of Segment Reporting Information, by Segment |
The following table presents segment revenue, significant segment expenses, and net income (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Six Months Ended September 30, | | 2025 | | 2024 | | 2025 | | 2024 | Net sales | $ | 1,186,056 | | | $ | 1,116,034 | | | $ | 2,333,759 | | | $ | 2,204,251 | | Less: Significant segment expenses | | | | | | | | Cost of goods sold (1) | 666,059 | | | 623,589 | | | 1,330,271 | | | 1,240,508 | | Marketing and selling (1) | 186,852 | | | 191,394 | | | 368,718 | | | 376,448 | | Research and development (1) | 70,444 | | | 71,138 | | | 138,680 | | | 140,706 | | General and administrative (1) | 32,656 | | | 37,142 | | | 64,286 | | | 71,383 | | Less: other segment items | | | | | | | | | Share-based compensation expense | 30,312 | | | 26,469 | | | 63,140 | | | 49,874 | | Amortization of intangible assets and acquisition-related costs | 4,000 | | | 5,177 | | | 8,795 | | | 10,322 | | Interest income | (11,828) | | | (14,637) | | | (23,057) | | | (30,427) | | Other (2) | 4,506 | | | (304) | | | 5,386 | | | 1,980 | | Provision for income taxes | 32,385 | | | 30,583 | | | 60,855 | | | 56,141 | | Net income | $ | 170,670 | | | $ | 145,483 | | | $ | 316,685 | | | $ | 287,316 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(1) The difference between the amounts included in the table above and the amounts included in the condensed consolidated statements of operations is related to share-based compensation expense (see Note 3). (2) Includes restructuring charges, net, and other income (expense), net.
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| Schedule of Net Sales by Product Categories, Excluding Intercompany Transactions |
Sales by product category for the three and six months ended September 30, 2025 and 2024 were as follows (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Six Months Ended September 30, | | | | 2025 | | 2024 | | 2025 | | 2024 | Gaming (1) | | $ | 323,305 | | | $ | 300,470 | | | $ | 639,180 | | | $ | 609,945 | | | Keyboards & Combos | | 235,870 | | | 209,936 | | | 458,362 | | | 425,269 | | | Pointing Devices | | 221,094 | | | 195,936 | | | 416,874 | | | 385,882 | | | Video Collaboration | | 167,677 | | | 159,660 | | | 334,393 | | | 306,702 | | | Webcams | | 83,301 | | | 80,249 | | | 167,676 | | | 153,153 | | | Tablet Accessories | | 85,061 | | | 85,614 | | | 176,288 | | | 164,153 | | | Headsets | | 43,498 | | | 46,916 | | | 89,020 | | | 91,152 | | Other (2) | | 26,250 | | | 37,253 | | | 51,966 | | | 67,995 | | | Total Sales | | $ | 1,186,056 | | | $ | 1,116,034 | | | $ | 2,333,759 | | | $ | 2,204,251 | |
(1) Gaming includes streaming services revenue generated by Streamlabs. (2) Other primarily consists of mobile speakers and PC speakers.
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| Schedule of Net Sales by Geographic Region |
Sales by geographic region (based on the customers’ locations) for the three and six months ended September 30, 2025 and 2024 were as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Six Months Ended September 30, | | | 2025 | | 2024 | | 2025 | | 2024 | | Americas | | $ | 462,736 | | | $ | 480,081 | | | $ | 924,426 | | | $ | 965,370 | | | EMEA | | 382,377 | | | 351,886 | | | 729,217 | | | 661,703 | | | Asia Pacific | | 340,943 | | | 284,067 | | | 680,116 | | | 577,178 | | | Total Sales | | $ | 1,186,056 | | | $ | 1,116,034 | | | $ | 2,333,759 | | | $ | 2,204,251 | |
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| Schedule of Long-Lived Assets by Geographic Region |
Property, plant and equipment, net (excluding software) and right-of-use assets by geographic region were as follows (in thousands): | | | | | | | | | | | | | | | | | September 30, 2025 | | March 31, 2025 | | Americas | | $ | 61,779 | | | $ | 61,521 | | | EMEA | | 50,919 | | | 47,874 | | | Asia Pacific | | 65,792 | | | 60,710 | | | Total | | $ | 178,490 | | | $ | 170,105 | |
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