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Segment Information
 6 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
 
The Company manages its business activities on a consolidated basis and operates as a single operating segment: Peripherals. The operating segment encompasses the design, manufacturing and sales of peripherals for gaming, PCs, tablets, video conferencing, and other digital platforms. The Company's Chief Operating Decision Maker (the “CODM”) is the Chief Executive Officer. The CODM periodically reviews information such as sales and net income to make business decisions and evaluate performance. The CODM uses net income to evaluate income generated from segment assets (return on assets) in deciding whether to reinvest profits into the Peripherals segment or into other parts of the entity, such as for acquisitions, share repurchase or to pay dividends. The CODM also monitors budget versus actual net income results.

The following table presents segment revenue, significant segment expenses, and net income (in thousands):
Three Months Ended
September 30,		Six Months Ended
September 30,
2025202420252024
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 expense30,312 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.
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,
 2025202420252024
Gaming (1)
$323,305 $300,470 $639,180 $609,945 
Keyboards & Combos235,870 209,936 458,362 425,269 
Pointing Devices221,094 195,936 416,874 385,882 
Video Collaboration167,677 159,660 334,393 306,702 
Webcams83,301 80,249 167,676 153,153 
Tablet Accessories85,061 85,614 176,288 164,153 
Headsets43,498 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.

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,
2025202420252024
Americas$462,736 $480,081 $924,426 $965,370 
EMEA382,377 351,886 729,217 661,703 
Asia Pacific340,943 284,067 680,116 577,178 
Total Sales$1,186,056 $1,116,034 $2,333,759 $2,204,251 
 
Revenue from sales to customers in the United States, Germany and China each represented 10% or more of the total consolidated sales for each of the three and six months ended September 30, 2025 and 2024. No other countries represented 10% or more of the Company’s total consolidated sales for the periods presented herein.

Switzerland, the Company’s country of domicile, represented 4% of the Company's total consolidated sales for each of the three and six months ended September 30, 2025, and 3% of the Company's total consolidated sales for each of the three and six months ended September 30, 2024.

Three customers of the Company each represented 10% or more of the total consolidated gross sales for each of the three and six months ended September 30, 2025 and 2024.

Property, plant and equipment, net (excluding software) and right-of-use assets by geographic region were as follows (in thousands):
September 30, 2025March 31, 2025
Americas$61,779 $61,521 
EMEA50,919 47,874 
Asia Pacific65,792 60,710 
Total$178,490 $170,105 

Property, plant and equipment, net (excluding software) and right-of-use assets in the United States and China, were $60.2 million and $48.3 million, respectively, as of September 30, 2025. Property, plant and equipment, net (excluding software) and right-of-use assets in the United States and China were $60.0 million and $43.4 million, respectively, as of March 31, 2025.
Property, plant and equipment, net (excluding software) and right-of-use assets in Switzerland, the Company’s country of domicile, were $25.9 million and $24.1 million as of September 30, 2025 and March 31, 2025, respectively. No other countries represented more than 10% of the Company’s total property, plant and equipment, net (excluding software) and right-of-use assets as of September 30, 2025 or March 31, 2025.