Q1 FY 2023 FINANCIAL HIGHLIGHTS
Quarterly Financial Trends
Preliminary results *
In $ millions except per share and %
GAAP Results
Net Sales
Gross Margin
Operating Expenses
Operating Income
Operating Margin
Net Income
Diluted EPS
Avg. Diluted Shares Outstanding
Non-GAAP Results
Net Sales
Gross Margin
Operating Expenses
Operating Income
Operating Margin
Net Income
Diluted EPS
Net Sales by Product Category
Pointing Devices
Keyboards & Combos
PC Webcams
Tablet & Other Accessories
Video Collaboration
Gaming
Mobile Speakers
Audio & Wearables
Other 1
Total Net Sales
Q1'20
644
37.1%
192
47
7.4%
45
$0.27
169
644
37.8%
176
67
10.4%
66
$0.39
122
129
28
38
73
135
50
59
10
644
Q2'20
720
37.8%
204
68
9.5%
73
$0.43
169
720
38.4%
187
89
12.4%
85
$0.50
133
139
29
34
90
161
57
68
9
720
Q3'20
903
37.1%
206
129
14.3%
118
$0.69
170
903
37.6%
188
152
16.8%
143
$0.84
155
156
32
31
92
246
93
82
16
903
Q4'20
709
39.0%
245
32
4.5%
214
$1.26
170
709
39.8%
203
79
11.1%
71
$0.42
135
148
40
32
111
149
21
65
8
709
Q1'21
792
38.6%
222
83
10.5%
72
$0.42
170
792
39.2%
193
117
14.8%
109
$0.64
120
145
61
46
130
182
29
71
7
792
Q2¹21
1,257
45.3%
248
322
25.6%
267
$1.56
171
1,257
45.7%
221
354
28.1%
320
$1.87
169
202
102
83
237
298
44
114
9
1,257
Q3'21
1,667
44.9%
301
448
26.9%
383
$2.22
173
1,667
45.2%
278
476
28.6%
423
$2.45
214
218
132
138
293
436
73
153
11
1,667
Q4'21
1,536
46.3%
416
295
19.2%
226
$1.31
173
1,536
46.6%
391
325
21.2%
251
$1.45
178
219
145
117
386
323
30
130
8
1,536
Q1'22
1,312
43.4%
366
203
15.5%
187
$1.09
172
1,312
43.8%
340
235
17.9%
210
$1.22
183
218
110
79
235
335
28
117
6
1,312
Note: These preliminary results for the three months ended June 30, 2022 are subject to adjustments, including subsequent events that may occur through the date of filing our Quarterly on Form 10-Q.
1. Other includes Smart Home.
Q2'22
1,306
41.5%
363
179
13.7%
139
$0.81
171
1,306
42.0%
337
211
16.2%
180
$1.05
189
236
94
81
232
331
39
98
6
1,306
Q3'22
1,633
40.3%
395
263
16.1%
210
$1.24
170
1,633
40.6%
361
302
18.5%
263
$1.55
231
282
115
83
287
470
57
104
5
1,633
Q4'22
1,230
40.2%
365
129
10.5%
108
$0.64
169
1,230
40.5%
342
156
12.7%
136
$0.81
178
231
84
67
243
316
25
82
2
1,230
Q1'23
1,160
39.6%
344
115
10.0%
101
$0.61
166
1,160
40.0%
319
146
12.6%
123
$0.74
183
228
59
67
246
283
22
69
2
1,160View entire presentation