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Corsair Gaming, Inc.(CRSR)Earnings, Financials & Key Ratios
CRSR•NASDAQ
$8.89
Price updated Jul 7, 2026
AboutCorsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers, as well as capture cards, stream decks, USB microphones, studio accessories, and EpocCam software. It 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 others; and PC gaming software comprising iCUE for gamers and Elgato's streaming suite for streamers and content creators. In addition, the company offers coaching and training, and other services. It sells its products through a network of distributors and retailers, including online retailers, as well as directly to consumers through its website. The company was incorporated in 1994 and is headquartered in Fremont, California. Corsair Gaming, Inc. is a subsidiary of Corsair Group (Cayman), LP.Show more
- Revenue$1.47B+11.9%
- EBITDA$56M+2795.8%
- Net Income-$12M+85.4%
- EPS (Diluted)-0.12+87.4%
- Gross Margin28.92%+16.2%
- EBITDA Margin3.82%+2488.9%
- Operating Margin0.14%+103.7%
- Net Margin-0.85%+86.9%
- ROE-1.97%+84.8%
CRSR Price & Volume
Corsair Gaming, Inc. (CRSR) stock price & volume — 10-year historical chart
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Volatile Hardware Cycles Challenge Operating Margin Stability
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Adequate
Cash Flow:Mixed
Primary Risk:Operating margin volatility
Key Thesis Takeaways
- Corsair Gaming faces a challenging fundamental outlook characterized by inconsistent revenue growth and persistent margin compression, as evidenced by operating margins that swung from -9.5% in 2024Q2 to 6.2% in 2025Q4.
- While the company has successfully deleveraged its balance sheet, reducing total debt from $248.9 million in 2024Q2 to $6.1 million by 2026Q1, the reliance on goodwill—which accounts for 29% of total assets—remains a significant risk factor.
- Investors should monitor whether the company can achieve sustainable operating leverage, as current gross margins of 32.7% continue to trail industry peers.
Verdict Logic
while the company has effectively eliminated its debt burden, the current P/FCF of 26.48 and inconsistent profitability suggest that the stock lacks a clear catalyst for sustained valuation expansion.
CRSR Growth Metrics
Corsair Gaming, Inc. (CRSR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-2.86%
3 Years2.31%
TTM8.03%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM106.46%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM108.63%
Return on Capital
10 Years8.84%
5 Years1.19%
3 Years-1.45%
Last Year0.25%
CRSR Recent Earnings
Corsair Gaming, Inc. (CRSR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.27+50.0%
$0.18
Rev
$355M+0.8%
$352M
Q1 2026
Feb 12, 2026Metric
Actual
Est
EPS
$0.43+65.4%
$0.26
Rev
$437M+3.9%
$420M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.06-29.9%
$0.09
Rev
$346M-2.3%
$354M
Q3 2025
Aug 7, 2025Metric
Actual
Est
EPS
$0.01+0.0%
$0.01
Rev
$320M-9.5%
$354M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.27vs $0.18+50.0% | $355Mvs $352M+0.8% |
| Q1 2026 | Feb 12, 2026 | $0.43vs $0.26+65.4% | $437Mvs $420M+3.9% |
| Q4 2025 | Nov 4, 2025 | $0.06vs $0.09-29.9% | $346Mvs $354M-2.3% |
| Q3 2025 | Aug 7, 2025 | $0.01vs $0.01+0.0% | $320Mvs $354M-9.5% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Corsair Gaming, Inc. (CRSR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $8.89 | $950.18M | -74.08 | 11.86% | -0.85% | -1.97% | — | |
| $97.11 | $13.94B | 20.23 | 6.28% | 14.69% | 32.22% | — | |
| $26.25 | $15.72B | 15.63 | 46.59% | 5.29% | 26.01% | — | |
| $0.70 | $119.86M | -1.19 | -18.71% | -20.7% | -201.66% | — | |
| $424.21 | $70.42B | 33.25 | 8% | 17.61% | 89.72% | — | |
| $14.10 | $1.7B | -27.65 | -4.93% | -2.82% | -10.43% | — |
Compare CRSR vs Peers
Corsair Gaming, Inc. (CRSR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CRSR SEC Filings & Documents
Corsair Gaming, Inc. (CRSR) SEC filings — annual & quarterly reports (10-K, 10-Q)
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CRSR Frequently Asked Questions
Corsair Gaming, Inc. (CRSR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Corsair Gaming, Inc.'s revenue?
Corsair Gaming, Inc. (CRSR) reported $1.46B in revenue for fiscal year 2025. This represents a 145% increase from $595.1M in 2016.
How fast is Corsair Gaming, Inc. growing?
Corsair Gaming, Inc. (CRSR) grew revenue by 11.9% over the past year. This is steady growth.
Is CRSR profitable?
Yes, Corsair Gaming, Inc. (CRSR) is profitable, generating $5.4M in net income for fiscal year 2025 (-0.8% net margin).
Dividend & Returns
What is CRSR's return on equity?
Corsair Gaming, Inc. (CRSR) has a return on equity (ROE) of -2.0%. Negative ROE indicates the company is unprofitable.
What is Corsair Gaming, Inc.'s free cash flow?
Corsair Gaming, Inc. (CRSR) generated $45.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.