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v3.25.1

Segment Information (Tables) | 12 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Revenue, Gross Profit, and Net Income | The following table presents segment revenue, gross profit, and net income for the periods presented:
| Years Ended March 31,
| 2025 |  | 2024 |  | 2023
Net sales | $ | 4,554,900 |  |  | $ | 4,298,467 |  |  | $ | 4,538,818 |
Less: Significant segment expenses |  |  |  |  |
Cost of goods sold (1) | 2,572,724 |  |  | 2,501,414 |  |  | 2,800,803 |
Marketing and selling (1) | 774,036 |  |  | 694,530 |  |  | 774,475 |
Research and development (1) | 288,828 |  |  | 269,407 |  |  | 265,504 |
General and administrative (1) | 144,680 |  |  | 133,787 |  |  | 109,504 |
Less: other segment items |  |  |  |  |
Share-based compensation expense | 89,913 |  |  | 82,889 |  |  | 70,782 |
Amortization of intangible assets and acquisition-related costs | 20,249 |  |  | 21,962 |  |  | 24,708 |
Interest income | (54,997) |  |  | (50,636) |  |  | (18,331) |
Other (2) | 12,595 |  |  | 23,518 |  |  | 47,851 |
Provision for income taxes | 75,343 |  |  | 9,453 |  |  | 98,947 |
Net income | $ | 631,529 |  |  | $ | 612,143 |  |  | $ | 364,575 |
(1) The difference between the amounts included in the table above and the amounts included in the consolidated statements of operations is related to share-based compensation expense (see Note 4). (2) Includes restructuring charges, net, impairment of intangible assets, change in fair value of contingent
Schedule of Net Sales by Product Categories, Excluding Intercompany Transactions | Sales by product category for fiscal years 2025, 2024 and 2023 were as follows (in thousands):
|  | Years Ended March 31,
|  | 2025 |  | 2024 |  | 2023
Gaming (1) |  | $ | 1,338,467 |  |  | $ | 1,231,063 |  |  | $ | 1,288,313 |
Keyboards & Combos |  | 882,643 |  |  | 821,441 |  |  | 836,432 |
Pointing Devices |  | 788,784 |  |  | 742,987 |  |  | 728,357 |
Video Collaboration |  | 626,000 |  |  | 609,361 |  |  | 677,923 |
Webcams |  | 315,520 |  |  | 325,225 |  |  | 378,688 |
Tablet Accessories |  | 299,540 |  |  | 254,060 |  |  | 254,374 |
Headsets |  | 179,710 |  |  | 168,478 |  |  | 176,576 |
Other (2) |  | 124,236 |  |  | 145,852 |  |  | 198,155 |
Total Sales |  | $ | 4,554,900 |  |  | $ | 4,298,467 |  |  | $ | 4,538,818 |
(1) Gaming includes streaming services revenue generated by Streamlabs. (2) Other primarily consists of mobile speakers and PC speakers.
Schedule of Net Sales to Unaffiliated Customers by Geographic Region | Sales by geographic region (based on the customers' locations) for fiscal years 2025, 2024 and 2023 were as follows (in thousands):
|  | Years Ended March 31,
|  | 2025 |  | 2024 |  | 2023
Americas |  | $ | 1,973,374 |  |  | $ | 1,896,258 |  |  | $ | 1,930,908 |
EMEA |  | 1,413,855 |  |  | 1,301,515 |  |  | 1,299,657 |
Asia Pacific |  | 1,167,671 |  |  | 1,100,694 |  |  | 1,308,253 |
Total Sales |  | $ | 4,554,900 |  |  | $ | 4,298,467 |  |  | $ | 4,538,818 |
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):
|  | March 31,
|  | 2025 |  | 2024
Americas |  | $ | 61,521 |  |  | $ | 67,762 |
EMEA |  | 47,874 |  |  | 30,819 |
Asia Pacific |  | 60,710 |  |  | 58,901 |
Total |  | $ | 170,105 |  |  | $ | 157,482 |

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