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Stock research / United States / CRSR · Computer Peripheral Equipment, Nec · Nasdaq

Corsair Gaming, Inc. (CRSR)

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Corsair Gaming, Inc. (CRSR) reported revenue of $314 million for Q2 FY2026, the quarter ended 30 June 2026, down 1.8% on the same quarter a year earlier. Net income was $9 million, and diluted earnings per share $0.06. The figures are the company's own, from the 10-Q it filed with the SEC on 6 August 2026.

Revenue$314 milliondown 1.8%
Net income$9 million
Diluted EPS$0.06
QuarterQ2 FY2026ended 30 June 2026

Corsair Gaming (CRSR) in brief

Corsair Gaming (CRSR) reported revenue of $1.5 billion for fiscal 2025, the year ended 31 December 2025, up 11.9% on the year before.
Read moreNet loss was $16 million and the diluted loss per share $0.12. Revenue was $1.3 billion in fiscal 2024, $1.5 billion in fiscal 2023, $1.4 billion in fiscal 2022 and $1.9 billion in fiscal 2021. Net income in the same years was a loss of $85 million, a loss of $3 million, a loss of $54 million and $101 million. Over the twelve months to 30 June 2026, Corsair Gaming reported revenue of $1.5 billion and net income of $37 million. Revenue fell 2.9% a year, compounded, over the five years to fiscal 2025. Corsair Gaming had 108 million shares outstanding at the latest filed count. At 30 June 2026 it carried $118 million of debt and $194 million of cash. At the close of 9 October 2026 the market cap of Corsair Gaming was $1.5 billion, 44.0 times its earnings over the last twelve months.

Ratios

From the filings

ROE5.5%
ROCE5.4%
Operating margin2.9%
Net margin2.5%
FCF margin6.2%
Interest covern/a
Debt to equity0.18
Cash conversion2.87
Share count, 1 year3.3%
Sales CAGR, 3 years2.3%
Profit CAGR, 3 yearsn/a
EPS, TTM$0.31

At the close of 9 October 2026

Price$13.62
Market cap$1.5 billion
Stock P/E43.95
Price to book2.22
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales1.02
52-week high$14.35
52-week low$4.58
Price, 1 year71.6%
Price CAGR, 3 years-0.9%
Price CAGR, 5 years-11.9%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Corsair Gaming, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
CRSRgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on CRSR

Filings15 in twelve months: 7 current reports (8-K), about 4 results of operations; 2 officer or director change; 1 shareholder vote
Planned insider sales2 Form 144 notices in twelve months, $155,275; latest 13 August 2026
Options tapeput/call 0.21 by open interest at the 9 October 2026 close; the straddle prices a 9.5% move to 16 October 2026
13F holders5 of the followed funds hold it; largest Geode Capital Management; 1 Schedule 13D or 13G filing in twelve months
Insider trading2 sales and 2 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest9.7 million shares short, 9.84 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue363417337261304414370320346437355314
Cost of revenue274315251198235305267234253292238210
Gross profit89.410386.663.169.710810285.993.1145116104
Gross margin25%25%26%24%23%26%28%27%27%33%33%33%
R&D16.116.716.617.416.517.017.617.516.717.317.215.4
SG&A74.073.880.270.474.185.387.085.382.010085.081.2
Operating income-0.812.1-10.2-24.7-20.95.9-2.3-16.9-5.626.913.87.6
Operating margin-0%3%-3%-9%-7%1%-1%-5%-2%6%4%2%
Pre-tax income-3.08.2-12.8-27.5-24.63.2-8.3-20.7-8.325.112.99.1
Tax raten/a7%n/an/an/a15%n/an/an/a-4%-1%-0%
Net income-3.17.0-11.6-24.2-51.72.3-10.5-20.9-10.625.812.88.8
Net margin-1%2%-3%-9%-17%1%-3%-7%-3%6%4%3%
Diluted EPS-$0.03$0.06-$0.12-$0.28-$0.56$0.01-$0.10-$0.16-$0.09$0.23$0.11$0.06
Operating cash flow-11.957.1-26.3-18.525.155.618.830.2-37.038.229.774.8
Capital expenditure3.32.02.52.53.31.53.12.74.35.23.72.8
Free cash flow-15.255.1-28.8-21.021.854.115.727.5-41.332.926.172.1
Buybacksn/an/an/an/an/an/an/an/an/an/a5.00.0
Shares outstanding101m101m103m103m103m103m105m105m105m107m107m108m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 8 fiscal years and the trailing twelve months

FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue9381,0971,7021,9041,3751,4601,3161,4721,451
Cost of revenue7458731,2371,3901,0781,1009891,047993
Gross profit193224465514297360328426458
Gross margin20.6%20.4%27.3%27.0%21.6%24.7%24.9%28.9%31.6%
Research and development32.037.550.160.366.565.367.569.166.7
Selling, general and administrative139163257316285285310355349
Operating income21.823.7158138-54.89.7-50.02.142.7
Operating margin2.3%2.2%9.3%7.2%-4.0%0.7%-3.8%0.1%2.9%
Pre-tax income-10.7-13.4122115-63.8-3.5-61.7-12.138.8
Income tax3.0-5.018.813.6-9.8-2.421.72.80.9
Effective tax raten/an/a15.4%11.9%n/an/an/an/a2.4%
Net income-13.7-8.4103101-54.4-2.6-85.2-16.236.8
Net margin-1.5%-0.8%6.1%5.3%-4.0%-0.2%-6.5%-1.1%2.5%
Diluted EPS$0.18$0.11$1.14$1.01-$0.63$0.03-$0.95-$0.12$0.31
Filing10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Revenue by segment

FY2023FY2024FY2025Share
latest year
Gaming Components and Systems1,06584498066.6%
Gamer and Creator Peripherals39547349233.4%
Gaming Components and SystemsGamer and Creator Peripherals
1,460FY20231,316FY20241,472FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region

FY2023FY2024FY2025Share
latest year
United States65961563443.0%
Europe and Middle East51247656638.4%
Asia Pacific19714418412.5%
Americas91.781.889.66.1%
United StatesEurope and Middle EastAsia PacificAmericas
1,460FY20231,316FY20241,472FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow0.437.116920.266.489.235.950.1106
Capital expenditure8.38.89.011.026.312.89.815.416.0
Free cash flow-7.928.31609.240.176.426.034.789.7
Free cash flow margin-0.8%2.6%9.4%0.5%2.9%5.2%2.0%2.4%6.2%
Cash from investing-38.6-145-10.3-20.5-47.0-27.0-52.7-15.4-16.0
Cash from financing47.4132-79.1-65.472.6-37.4-50.7-48.9-4.4
Depreciation and amortisation36.637.543.245.150.650.751.954.2n/a
Share-based compensation2.83.85.817.222.230.930.633.127.1
Buybacksn/a1.5n/an/an/an/an/an/an/a
Dividends paid85.0n/an/an/an/an/an/an/an/a
Diluted shares, weighted75m76m91m100m96m106m104m106m109m
Shares outstanding at period endn/a84m92m95m95m101m103m107m108m
Filing10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity163217437568624668604634665
Non-controlling interestn/an/an/an/a10.210.50.0n/an/a
Redeemable equityn/an/an/an/a21.415.915.112.215.5
Debtn/a503321248239198174121118
Operating lease liabilitiesn/an/a17.651.245.538.647.752.849.4
Other liabilitiesn/a339538470358427395434368
Total liabilities and equityn/a1,0601,3141,3371,2971,3571,2361,2541,216
Owned
Fixed assetsn/a15.416.516.834.932.229.731.530.4
Goodwill227313313317348355354358357
Intangible assetsn/a291259226216188164125106
Cash and equivalents27.951.913465.415417911098.8194
Receivablesn/a202294291236253219234160
Inventoryn/a151226298193240260303265
Other assetsn/a35.272.412311611199.3103104
Total assetsn/a1,0601,3141,3371,2971,3571,2361,2541,216
Filing10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a-2.9%2.3%3.1%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-1.6%-5.7%-2.6%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Corsair Gaming's revenue in fiscal 2025?

Corsair Gaming (CRSR) reported revenue of $1.5 billion for fiscal 2025, the year ended 31 December 2025, up 11.9% on the year before.

How much did Corsair Gaming earn in fiscal 2025?

Net loss was $16 million for fiscal 2025, and the diluted loss per share $0.12.

What is Corsair Gaming's P/E ratio?

At the close of 9 October 2026, Corsair Gaming traded at 44.0 times its earnings over the twelve months to 30 June 2026.

What is Corsair Gaming's market cap?

The market cap of Corsair Gaming was $1.5 billion at the close of 9 October 2026.

How much debt does Corsair Gaming have?

At 30 June 2026 Corsair Gaming carried $118 million of debt and $194 million of cash.

Peers: Computers

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Palo Alto Networks Inc. PANW$341.3 billion821.221.1%6.1%24.5%0.06n/a
Fortinet, Inc. FTNT$142.9 billion68.57136.7%32.4%18.8%0.32n/a
Logitech International S.A. LOGI$14.1 billion18.0334.1%17.7%6.6%0.001.6%
Digi International Inc. DGII$2.9 billion60.027.1%13.9%20.3%0.16n/a
Parsons Corp. PSN$2.6 billion31.096.0%4.9%-5.8%0.560.0%
Kyndryl Holdings, Inc. KD$2.6 billion31.738.1%n/a-0.6%3.640.0%
Pitney Bowes Inc. PBI$2.3 billion13.77n/a13.5%-5.3%n/a1.8%
Diebold Nixdorf, Inc. DBD$2.2 billion20.8111.5%6.4%5.4%0.970.0%
A10 Networks, Inc. ATEN$2.1 billion49.3718.1%16.1%12.2%0.920.8%
Omnicell, Inc. OMCL$1.6 billion42.633.0%4.6%8.5%0.13n/a
Corsair Gaming, Inc. CRSR$1.5 billion43.955.5%2.9%3.1%0.18n/a
NCR Voyix Corp. VYX$984 million17.448.2%1.1%-4.8%1.19n/a
All 36 in Computers
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Apple Inc. AAPL$4.92 trillion38.61119.9%33.2%14.2%0.770.3%
Cisco Systems, Inc. CSCO$467.1 billion35.4426.4%24.3%11.8%0.451.4%
Dell Technologies Inc. DELL$375.3 billion34.03n/a9.4%49.0%n/a0.4%
Palo Alto Networks Inc. PANW$341.3 billion821.221.1%6.1%24.5%0.06n/a
Arista Networks, Inc. ANET$273.3 billion68.3527.3%43.1%32.6%0.00n/a
Sandisk Corp. SNDK$231.0 billion21.7072.7%61.2%175.3%0.00n/a
International Business Machines Corp. IBM$214.0 billion20.1531.1%n/a7.9%1.633.0%
Seagate Technology Holdings plc STX$177.5 billion56.39146.9%33.6%34.1%1.660.4%
Western Digital Corp. WDC$143.4 billion16.36106.3%34.5%35.7%0.120.1%
Fortinet, Inc. FTNT$142.9 billion68.57136.7%32.4%18.8%0.32n/a
Hewlett Packard Enterprise Co. HPE$97.6 billion37.8610.5%6.2%26.6%0.760.7%
Everpure, Inc. P$51.5 billion211.7816.4%5.3%27.2%0.00n/a
NetApp, Inc. NTAP$46.5 billion33.4594.8%25.0%12.2%1.660.9%
Super Micro Computer, Inc. SMCI$27.5 billion13.0815.4%7.1%77.8%0.60n/a
HP Inc. HPQ$27.3 billion11.53n/a5.4%8.1%n/a3.8%
F5, Inc. FFIV$27.3 billion38.2218.8%24.5%9.4%0.00n/a
Leidos Holdings, Inc. LDOS$15.3 billion11.3526.0%11.5%3.4%1.141.3%
Logitech International S.A. LOGI$14.1 billion18.0334.1%17.7%6.6%0.001.6%
Caci International Inc. CACI$13.5 billion25.2912.0%9.6%10.9%1.10n/a
GoDaddy Inc. GDDY$13.2 billion15.4813,586.6%24.8%7.4%561.10n/a
Jack Henry & Associates Inc. JKHY$10.5 billion21.4324.5%25.0%7.1%0.021.6%
Science Applications International Corp. SAIC$5.7 billion15.7526.5%8.0%-0.8%1.730.3%
Waystar Holding Corp. WAY$5.1 billion38.113.4%22.9%19.2%0.36n/a
NCR Atleos Corp. NATL$3.4 billion17.7442.2%11.5%3.6%5.84n/a
Extreme Networks Inc. EXTR$3.2 billion75.6247.5%4.9%12.6%1.85n/a
Agilysys Inc. AGYS$3.0 billion69.4912.7%14.6%14.4%0.00n/a
Netscout Systems Inc. NTCT$3.0 billion24.797.3%14.8%5.8%0.00n/a
Digi International Inc. DGII$2.9 billion60.027.1%13.9%20.3%0.16n/a
Parsons Corp. PSN$2.6 billion31.096.0%4.9%-5.8%0.560.0%
Kyndryl Holdings, Inc. KD$2.6 billion31.738.1%n/a-0.6%3.640.0%
Pitney Bowes Inc. PBI$2.3 billion13.77n/a13.5%-5.3%n/a1.8%
Diebold Nixdorf, Inc. DBD$2.2 billion20.8111.5%6.4%5.4%0.970.0%
A10 Networks, Inc. ATEN$2.1 billion49.3718.1%16.1%12.2%0.920.8%
Omnicell, Inc. OMCL$1.6 billion42.633.0%4.6%8.5%0.13n/a
Corsair Gaming, Inc. CRSR$1.5 billion43.955.5%2.9%3.1%0.18n/a
NCR Voyix Corp. VYX$984 million17.448.2%1.1%-4.8%1.19n/a
3 companies share its SEC industry code (Computer Peripheral Equipment, Nec); the rest are the names nearest in size in its wider industry, Computers, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20266 August 2026EDGAR
10-Q31 March 20267 May 2026EDGAR
10-K31 December 202525 February 2026EDGAR
10-Q30 September 20254 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 202426 February 2025EDGAR
10-Q30 September 20246 November 2024EDGAR
10-Q30 June 20241 August 2024EDGAR
10-Q31 March 20247 May 2024EDGAR

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