Corsair Gaming, Inc. CRSR
Corsair Gaming, Inc. (also referred to in this document as "Corsair," "we," the "company," or the "registrant") is a leading global provider and innovator of high-performance products for gamers and digital creators such as streamers, vloggers and broadcasters. Our industry-leading gaming products help digital athletes, from casual gamers to committed professionals, perform at their peak across personal computer ("PC"), sim racing and console platforms, and our streaming products enable creators, particularly streamers, to produce studio-quality content to share with friends or to broadcast to millions of fans. Our PC components products offer our customers multiple options to build their customized gaming and workstation desktop PCs. We design and sell high-performance gaming and streaming peripherals, components and systems to enthusiasts globally.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Europe and Middle East
- Asia Pacific
- Americas
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $633.6M | $614.7M | $659.3M |
| Europe and Middle East | $565.8M | $475.9M | $512.2M |
| Asia Pacific | $183.6M | $144.0M | $196.6M |
| Americas | $89.6M | $81.8M | $91.7M |
As the company reported it, from the “Segment and Geographic Information and Major Customers - Summary of Net Revenue By Geographic Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Gaming Components and Systems
- Gamer and Creator Peripherals
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Gaming Components and Systems | $980.3M | $843.6M | $1.06B |
| Gamer and Creator Peripherals | $492.1M | $472.7M | $394.9M |
As the company reported it, from the “Segment and Geographic Information and Major Customers - Summary of Net Revenue by Major Product Category (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.47B | $1.32B | $1.46B | $1.38B | $1.90B | $1.70B | $1.10B | $937.6M | — |
| Cost of revenue | $1.05B | $988.8M | $1.10B | $1.08B | $1.39B | $1.24B | $872.9M | $744.9M | — |
| Gross profit | $425.9M | $327.6M | $360.3M | $296.6M | $513.9M | $465.4M | $224.3M | $192.7M | — |
| R&D | $69.1M | $67.5M | $65.3M | $66.5M | $60.3M | $50.1M | $37.5M | $32.0M | — |
| SG&A | $354.7M | $310.0M | $285.3M | $284.9M | $315.7M | $257.0M | $163.0M | $138.9M | — |
| Total operating expenses | $423.8M | $377.6M | $350.6M | $351.4M | $376.0M | $307.1M | $200.6M | $170.9M | — |
| Operating income | $2.1M | -$50.0M | $9.7M | -$54.8M | $137.9M | $158.4M | $23.7M | $21.8M | — |
| Pre-tax income | -$12.1M | -$61.7M | -$3.5M | -$63.8M | $114.6M | $122.0M | -$13.4M | -$10.7M | — |
| Income tax | $2.8M | $21.7M | $2.4M | $9.8M | $13.6M | $18.8M | $5.0M | $3.0M | — |
| Net income | $16.0M | -$85.0M | -$3.0M | -$54.0M | $101.0M | $103.2M | -$8.4M | -$13.7M | — |
| EPS, basic | -0.12 | -0.95 | 0.03 | -0.63 | 1.08 | 1.20 | 0.11 | 0.18 | — |
| EPS, diluted | -0.12 | -0.95 | 0.03 | -0.63 | 1.01 | 1.14 | 0.11 | 0.18 | — |
| Shares, diluted (wtd. avg.) | 106.0M | 104.2M | 106.3M | 96.3M | 100.0M | 90.6M | 76.2M | 75.5M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $98.8M | $109.6M | $178.6M | $154.1M | $65.4M | $133.6M | $51.9M | $27.9M | $19.0M |
| Receivables | $233.9M | $218.6M | $253.3M | $235.7M | $291.3M | $293.6M | $202.3M | — | — |
| Inventory | $303.3M | $260.0M | $240.2M | $192.7M | $298.3M | $226.0M | $151.1M | — | — |
| Total current assets | $665.5M | $623.4M | $711.6M | $622.8M | $705.8M | $691.0M | $429.8M | — | — |
| Property, plant and equipment | $31.5M | $29.7M | $32.2M | $34.9M | $16.8M | $16.5M | $15.4M | — | — |
| Goodwill | $357.8M | $354.2M | $354.7M | $347.7M | $317.1M | $312.8M | $312.8M | $226.7M | — |
| Other intangibles | $125.2M | $164.3M | $188.0M | $216.3M | $225.7M | $259.3M | $291.0M | — | — |
| Total assets | $1.25B | $1.24B | $1.36B | $1.30B | $1.34B | $1.31B | $1.06B | — | — |
| Accounts payable | $212.5M | $207.2M | $240.0M | $172.0M | $236.1M | $299.6M | $182.0M | — | — |
| Short-term debt | $6.1M | $12.2M | $12.2M | $6.5M | $4.8M | $0 | $2.4M | — | — |
| Total current liabilities | $430.9M | $396.3M | $418.5M | $343.0M | $446.7M | $505.4M | $299.9M | — | — |
| Long-term debt | $115.2M | $161.3M | $186.0M | $232.2M | $242.9M | $321.4M | $503.4M | — | — |
| Total liabilities | $608.0M | $616.4M | $663.5M | $641.8M | $769.2M | $876.7M | $842.9M | — | — |
| Retained earnings | -$71.2M | -$58.8M | $40.4M | $37.2M | $98.1M | -$2.8M | -$106.0M | — | — |
| Total equity | $633.6M | $604.3M | $678.0M | $634.1M | $568.2M | $437.4M | $216.8M | $162.7M | $254.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $50.1M | $35.9M | $89.2M | $66.4M | $20.2M | $169.0M | $37.1M | $422.0K | — |
| Depreciation and amortisation | $14.0M | $13.4M | $12.2M | $10.7M | $10.3M | $9.3M | $7.4M | $5.7M | — |
| Stock-based compensation | $33.1M | $30.6M | $30.9M | $22.2M | $17.2M | $5.8M | $3.8M | $2.8M | — |
| Capital expenditure | $15.4M | $9.8M | $12.8M | $26.3M | $11.0M | $9.0M | $8.8M | $8.3M | — |
| Investing cash flow | -$15.4M | -$52.7M | -$27.0M | -$47.0M | -$20.5M | -$10.3M | -$145.4M | -$38.6M | — |
| Financing cash flow | -$48.9M | -$50.7M | -$37.4M | $72.6M | -$65.4M | -$79.1M | $132.3M | $47.4M | — |
| Dividends paid | — | — | — | — | — | — | — | $85.0M | — |
| Buybacks | — | — | — | — | — | — | $1.5M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-197141.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $937.6M | $1.10B | $1.70B | $1.90B | $1.38B | $1.46B | $1.32B | $1.47B |
| Gross profit | — | $192.7M | $224.3M | $465.4M | $513.9M | $296.6M | $360.3M | $327.6M | $425.9M |
| Net income | — | -$13.7M | -$8.4M | $103.2M | $101.0M | -$54.0M | -$3.0M | -$85.0M | $16.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Officer or director change Item 5.02
- Results announced Item 2.02
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Shareholder vote Item 5.07
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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