CRSR · Corsair Gaming, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $354.51M | - | $345.76M | $320.11M | $369.75M | - | $304.20M | $261.30M | $337.26M | - |
| Cost of Revenue | $238.48M | - | $252.67M | $234.24M | $267.39M | - | $234.54M | $198.22M | $250.62M | - |
| Gross Profit | $116.03M | - | $93.10M | $85.87M | $102.36M | - | $69.66M | $63.09M | $86.64M | - |
| R&D | $17.25M | - | $16.69M | $17.51M | $17.63M | - | $16.53M | $17.41M | $16.64M | - |
| SG&A | $84.99M | - | $82.03M | $85.28M | $86.99M | - | $74.07M | $70.39M | $80.22M | - |
| Total Operating Expenses | $102.23M | - | $98.72M | $102.79M | $104.63M | - | $90.61M | $87.80M | $96.86M | - |
| D&A | $3.55M | - | - | - | $3.37M | - | - | - | $3.09M | - |
| Operating Income | $13.80M | - | ($5.63M) | ($16.92M) | ($2.26M) | - | ($20.94M) | ($24.71M) | ($10.22M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($157.0K) | - | $2.08M | ($369.0K) | $2.06M | - | $27.02M | ($4.00M) | ($1.78M) | - |
| Net Income | $12.78M | - | ($10.63M) | ($20.86M) | ($10.46M) | - | ($51.71M) | ($24.19M) | ($11.56M) | - |
| EPS - Basic | $0.11 | - | ($0.09) | ($0.16) | ($0.10) | - | ($0.56) | ($0.28) | ($0.12) | - |
| EPS - Diluted | $0.11 | - | ($0.09) | ($0.16) | ($0.10) | - | ($0.56) | ($0.28) | ($0.12) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $119.75M | $98.83M | $66.05M | $107.45M | $102.53M | $109.63M | $61.61M | $94.59M | $130.18M | $178.56M |
| Accounts Receivable | $178.38M | $233.90M | $191.88M | $179.23M | $219.22M | $218.65M | $178.10M | $188.56M | $204.92M | $253.27M |
| Inventory | $273.47M | $303.34M | $314.45M | $295.63M | $276.84M | $259.98M | $293.00M | $265.54M | $251.75M | $240.17M |
| Accounts Payable | $157.63M | $212.55M | $246.19M | $257.66M | $240.11M | $207.22M | $190.60M | $167.61M | $191.40M | $239.96M |
| Current Assets | $599.36M | $665.46M | $607.68M | $617.24M | $633.36M | $623.39M | $571.55M | $579.62M | $621.18M | $711.59M |
| Total Assets | $1.18B | $1.25B | $1.20B | $1.22B | $1.24B | $1.24B | $1.20B | $1.23B | $1.26B | $1.36B |
| Current Liabilities | $344.10M | $430.94M | $410.02M | $426.18M | $417.18M | $396.31M | $361.12M | $322.73M | $342.10M | $418.49M |
| Long-term Debt | $113.69M | $115.22M | $116.75M | $118.28M | $136.39M | $161.31M | $164.99M | $168.05M | $171.11M | $186.01M |
| Total Liabilities | $516.53M | $608.03M | $587.92M | $606.71M | $616.16M | $616.38M | $589.79M | $559.81M | $567.94M | $663.48M |
| Stockholders' Equity | $647.64M | $633.56M | $600.23M | $603.90M | $608.76M | $604.30M | $598.48M | $642.73M | $663.54M | $667.58M |
| Retained Earnings | ($59.37M) | ($71.23M) | ($95.37M) | ($85.83M) | ($68.83M) | ($58.77M) | ($60.10M) | ($1.71M) | $27.87M | $40.41M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $29.73M | - | - | - | $18.75M | - | - | - | ($26.32M) | - |
| Investing Cash Flow | ($3.67M) | - | - | - | ($3.07M) | - | - | - | ($1.48M) | - |
| Financing Cash Flow | ($5.32M) | - | - | - | ($22.25M) | - | - | - | ($19.95M) | - |
| CapEx | $3.67M | - | - | - | $3.07M | - | - | - | $2.52M | - |
| Free Cash Flow | $26.06M | - | - | - | $15.68M | - | - | - | ($28.84M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 32.7% | - | 26.9% | 26.8% | 27.7% | - | 22.9% | 24.1% | 25.7% | - |
| Operating margin | 3.9% | - | -1.6% | -5.3% | -0.6% | - | -6.9% | -9.5% | -3.0% | - |
| EBITDA margin | 4.9% | - | - | - | 0.3% | - | - | - | -2.1% | - |
| Net margin | 3.6% | - | -3.1% | -6.5% | -2.8% | - | -17.0% | -9.3% | -3.4% | - |
| Free cash flow margin | 7.4% | - | - | - | 4.2% | - | - | - | -8.6% | - |
| FCF / Net income | 2.04 | - | - | - | -1.50 | - | - | - | 2.49 | - |
| R&D / Revenue | 4.9% | - | 4.8% | 5.5% | 4.8% | - | 5.4% | 6.7% | 4.9% | - |
| SG&A / Revenue | 24.0% | - | 23.7% | 26.6% | 23.5% | - | 24.3% | 26.9% | 23.8% | - |
| Effective tax rate | -1.2% | - | - | - | - | - | - | - | - | - |
| Return on assets | 1.1% | - | -0.9% | -1.7% | -0.8% | - | -4.3% | -2.0% | -0.9% | - |
| Return on equity | 2.0% | - | -1.8% | -3.5% | -1.7% | - | -8.6% | -3.8% | -1.7% | - |
| Return on invested capital | 1.8% | - | -0.6% | -1.9% | -0.2% | - | -2.2% | -2.4% | -1.0% | - |
| Liquidity | ||||||||||
| Current ratio | 1.74 | 1.54 | 1.48 | 1.45 | 1.52 | 1.57 | 1.58 | 1.80 | 1.82 | 1.70 |
| Quick ratio | 0.95 | 0.84 | 0.72 | 0.75 | 0.85 | 0.92 | 0.77 | 0.97 | 1.08 | 1.13 |
| Cash ratio | 0.35 | 0.23 | 0.16 | 0.25 | 0.25 | 0.28 | 0.17 | 0.29 | 0.38 | 0.43 |
| Leverage | ||||||||||
| Debt / Equity | 0.18 | 0.18 | 0.19 | 0.20 | 0.22 | 0.27 | 0.28 | 0.26 | 0.26 | 0.28 |
| Debt / Assets | 0.10 | 0.09 | 0.10 | 0.10 | 0.11 | 0.13 | 0.14 | 0.14 | 0.14 | 0.14 |
| Debt / EBITDA | 6.55 | - | - | - | 122.87 | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.82 | 1.98 | 2.00 | 2.02 | 2.04 | 2.05 | 2.01 | 1.92 | 1.89 | 2.03 |
| Liabilities / Assets | 0.44 | 0.48 | 0.49 | 0.50 | 0.50 | 0.50 | 0.49 | 0.45 | 0.45 | 0.49 |
| Efficiency | ||||||||||
| Asset turnover | 0.30 | - | 0.29 | 0.26 | 0.30 | - | 0.25 | 0.21 | 0.27 | - |
| Inventory turnover | 0.87 | - | 0.80 | 0.79 | 0.97 | - | 0.80 | 0.75 | 1.00 | - |
| Days sales outstanding | 184d | - | 203d | 204d | 216d | - | 214d | 263d | 222d | - |
| Days inventory outstanding | 419d | - | 454d | 461d | 378d | - | 456d | 489d | 367d | - |
| Days payable outstanding | 241d | - | 356d | 401d | 328d | - | 297d | 309d | 279d | - |
| Cash conversion cycle | 361d | - | 301d | 264d | 267d | - | 373d | 444d | 310d | - |
| Valuation | ||||||||||
| P / E | 50.5x | - | - | - | - | - | - | - | - | - |
| P / B | 0.9x | - | 1.6x | 1.7x | 1.5x | - | 1.2x | 1.8x | 1.9x | - |
| P / S | 1.7x | - | 2.7x | 3.1x | 2.5x | - | 2.4x | 4.4x | 3.8x | - |
| EV / EBITDA | 34.1x | - | - | - | 870.5x | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -4.1% | - | 13.7% | 22.5% | 9.6% | - | -16.2% | -19.7% | -4.7% | - |
| Revenue CAGR (3y) | 0.1% | - | 3.5% | 4.1% | -1.0% | - | -8.0% | -17.9% | -14.0% | - |
| Revenue CAGR (5y) | -7.7% | - | -5.4% | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 13.4% | - | 33.6% | 36.1% | 18.1% | - | -22.0% | -23.8% | 1.4% | - |
| Operating income growth (YoY) | - | - | 73.1% | 31.5% | 77.9% | - | -2663.1% | -810.6% | - | - |
| Net income growth (YoY) | - | - | 79.4% | 13.8% | 9.6% | - | -1579.4% | -440.0% | -474.8% | - |
| EPS growth (YoY) | - | - | 83.9% | 42.9% | 16.7% | - | -1766.7% | - | -1100.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | -25.2% | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 66.2% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | 179.4% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 6.4% | 4.8% | 0.3% | -6.0% | -8.3% | -9.5% | -7.9% | -0.8% | 4.8% | 7.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.47B totalGaming Components And Systems$980.34M · 66.6%
Gamer And Creator Peripherals$492.14M · 33.4%
Product / service
$1.47B totalMemory Products$519.36M · 35.3%
Gaming Peripherals Products$492.14M · 33.4%
Other Component Products$460.99M · 31.3%
Geographic
$1.47B totalUS$633.55M · 43.0%
Europe And Middle East$565.79M · 38.4%
Asia Pacific$183.57M · 12.5%
Americas$89.57M · 6.1%
Peer comparison
Same SIC group: Computer Peripheral Equipment, NEC
Comparing Corsair Gaming against the 5 most active filers in the same SIC group.