Corsair Gaming, Inc.
NASDAQ•CRSR
CEO: Mr. Andrew J. Paul
Sector: Technology
Industry: Computer Hardware
Listing Date: 2020-09-23
Corsair Gaming, Inc., together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products. The company also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs and laptops, gaming monitors, and others; and PC gaming software comprising iCUE for gamers and Elgato streaming suite for content creators, as well as digital services. It sells its products through e-retail, retail, and direct-to-consumer channels and distributors. Corsair Gaming, Inc. was formerly known as Corsair Components (Cayman) Ltd and changed its name to Corsair Gaming, Inc in August 2017. The company was incorporated in 1994 and is headquartered in Milpitas, California.
Contact Information
Market Cap
$614.94M
P/E (TTM)
-34.5
31.3
Dividend Yield
--
52W High
$11.62
52W Low
$4.48
52W Range
Rank53Top 76.1%
2.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$436.86M+0.00%
4-Quarter Trend
EPS
$0.23+0.00%
4-Quarter Trend
FCF
$32.92M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Revenue Increased 11.9% Net revenue reached $1.47B USD in 2025, marking an 11.9% increase driven by Components segment growth.
Gross Margin Significantly Improved Gross margin rose 400 bps to 28.9% in 2025, aided by higher prices and Fanatec acquisition inclusion.
Net Loss Substantially Reduced Net loss narrowed to $16.2M USD in 2025 from $85.2M USD in 2024, showing operational leverage.
Operating Cash Flow Strengthened Net cash provided by operating activities was $50.1M USD in 2025, up from $35.9M USD last year.
Risk Factors
Dependence on Third-Party Hardware Business success relies heavily on timely introduction and availability of new third-party GPUs and CPUs from external manufacturers.
Intense Market Competition Risks Face aggressive price competition and potential market share loss if unable to effectively compete on performance and features.
Customer Revenue Concentration Sales to top ten customers accounted for 49.3% of 2025 revenue; loss of key customers poses material risk.
Geopolitical and Trade Policy Risks Manufacturing concentration in Asia exposes operations to geopolitical instability, tariffs, and trade regulation volatility.
Outlook
Optimize Product Mix Growth Strategy prioritizes higher-engagement Peripherals segment growth while leveraging scale in Components for margin expansion.
Scale Software Ecosystem Growth Plan to expand Stream Deck platform and Elgato Marketplace to capture recurring digital revenue opportunities.
Drive Margin Expansion Efforts Focus on disciplined inventory management, supply chain flexibility, and cost optimization to enhance overall gross margin profile.
Expand Direct-to-Consumer Sales Increase investment in digital and physical touchpoints, including retail stores, to deepen customer engagement and drive growth.
Peer Comparison
Revenue (TTM)
$1.47B
$1.08B
$685.88M
Gross Margin (Latest Quarter)
38000.0%
84.1%
74.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| AUR | $8.96B | -10.9 | -39.8% | 3.6% |
| RCAT | $1.32B | -21.2 | -68.2% | 7.8% |
| POET | $927.66M | -12.5 | -119.7% | 6.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
5.7%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Next earnings:May 4, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data