Corsair Gaming (CRSR)

Nasdaq Information Technology Technology Hardware, Storage & Peripherals S&P SmallCap 600

$11.84

-0.96 (-7.50%)

Close of Nov 06, 2026 · end-of-day data

Source: Corsair Gaming's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$937.55M	$1.10B	$1.70B	$1.90B	$1.38B	$1.46B	$1.32B	$1.47B
Cost of revenue	$744.86M	$872.89M	$1.24B	$1.39B	$1.08B	$1.10B	$988.78M	$1.05B
Gross profit	$192.69M	$224.29M	$465.43M	$513.85M	$296.63M	$360.26M	$327.60M	$425.88M
Research & development	$31.99M	$37.55M	$50.06M	$60.29M	$66.49M	$65.26M	$67.54M	$69.15M
Selling, general & admin	$138.91M	$163.03M	$257.00M	$315.67M	$284.93M	$285.31M	$310.01M	$354.66M
Operating income	$21.79M	$23.71M	$158.36M	$137.89M	-$54.79M	$9.69M	-$49.95M	$2.08M
Pre-tax income	-$10.71M	-$13.40M	$122.04M	$114.56M	-$63.77M	-$3.48M	-$61.66M	-$12.15M
Income tax	$3.01M	-$5.00M	$18.82M	$13.60M	-$9.82M	-$2.44M	$21.74M	$2.82M
Net income	-$13.72M	-$8.39M	$103.22M	$100.96M	-$54.39M	-$2.59M	-$85.18M	-$16.16M
EBITDA	$27.46M	$31.09M	$167.68M	$148.19M	-$44.06M	$21.90M	-$36.51M	$16.04M
EPS (basic)	$0.18	$0.11	$1.20	$1.08	$-0.63	$0.03	$-0.95	$-0.12
EPS (diluted)	$0.18	$0.11	$1.14	$1.01	$-0.63	$0.03	$-0.95	$-0.12
Diluted shares	75.46M	76.22M	90.58M	100.00M	96.28M	106.28M	104.16M	106.00M
Gross margin	20.6%	20.4%	27.3%	27.0%	21.6%	24.7%	24.9%	28.9%
Operating margin	2.3%	2.2%	9.3%	7.2%	-4.0%	0.7%	-3.8%	0.1%
Net margin	-1.5%	-0.8%	6.1%	5.3%	-4.0%	-0.2%	-6.5%	-1.1%

Balance sheet

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$27.92M	$51.95M	$133.57M	$65.38M	$154.06M	$178.56M	$109.63M	$98.83M
Receivables	—	$202.33M	$293.63M	$291.29M	$235.66M	$253.27M	$218.65M	$233.90M
Inventory	—	$151.06M	$226.01M	$298.31M	$192.72M	$240.17M	$259.98M	$303.34M
Total current assets	—	$429.81M	$690.97M	$705.77M	$622.79M	$711.59M	$623.39M	$665.46M
Goodwill	$226.68M	$312.75M	$312.76M	$317.05M	$347.75M	$354.70M	$354.22M	$357.76M
Total assets	—	$1.06B	$1.31B	$1.34B	$1.30B	$1.36B	$1.24B	$1.25B
Total current liabilities	—	$299.93M	$505.38M	$446.75M	$343.00M	$418.49M	$396.31M	$430.94M
Short-term debt	—	$2.36M	$0	$4.75M	$6.50M	$12.19M	$12.23M	$6.12M
Long-term debt	—	$503.45M	$321.39M	$242.90M	$232.17M	$186.01M	$161.31M	$115.22M
Total debt	—	$505.81M	$321.39M	$247.65M	$238.66M	$198.20M	$173.54M	$121.34M
Total liabilities	—	$842.94M	$876.73M	$769.22M	$641.81M	$663.48M	$616.38M	$608.03M
Shareholders' equity	$162.70M	$216.78M	$437.39M	$568.18M	$623.84M	$667.58M	$604.30M	$633.56M

Cash flow

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$422.00K	$37.10M	$168.95M	$20.19M	$66.39M	$89.15M	$35.88M	$50.12M
Capital expenditures	$8.35M	$8.85M	$8.99M	$10.97M	$26.32M	$12.76M	$9.85M	$15.37M
Free cash flow	-$7.92M	$28.25M	$159.96M	$9.22M	$40.07M	$76.39M	$26.03M	$34.75M
Investing cash flow	-$38.55M	-$145.43M	-$10.28M	-$20.54M	-$47.03M	-$26.98M	-$52.70M	-$15.37M
Financing cash flow	$47.35M	$132.31M	-$79.13M	-$65.40M	$72.61M	-$37.39M	-$50.68M	-$48.87M
Dividends paid	$85.00M	—	—	—	—	—	—	—
Share buybacks	—	$1.53M	—	—	—	—	—	—
Stock-based compensation	$2.75M	$3.85M	$5.80M	$17.23M	$22.16M	$30.87M	$30.59M	$33.11M
Depreciation & amortization	$5.67M	$7.38M	$9.32M	$10.30M	$10.73M	$12.21M	$13.45M	$13.96M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$417.29M	$337.26M	$261.30M	$304.20M	$413.62M	$369.75M	$320.11M	$345.76M	$436.86M	$354.51M	$314.33M	$367.02M
Cost of revenue	$314.61M	$250.62M	$198.22M	$234.54M	$305.41M	$267.39M	$234.24M	$252.67M	$292.30M	$238.48M	$210.05M	$269.20M
Gross profit	$102.67M	$86.64M	$63.09M	$69.66M	$108.21M	$102.36M	$85.87M	$93.10M	$144.55M	$116.03M	$104.29M	$97.83M
Research & development	$16.72M	$16.64M	$17.41M	$16.53M	$16.96M	$17.63M	$17.51M	$16.69M	$17.31M	$17.25M	$15.45M	$15.10M
Selling, general & admin	$73.83M	$80.22M	$70.39M	$74.07M	$85.33M	$86.99M	$85.28M	$82.03M	$100.36M	$84.99M	$81.23M	$84.37M
Operating income	$12.12M	-$10.22M	-$24.71M	-$20.94M	$5.92M	-$2.26M	-$16.92M	-$5.63M	$26.89M	$13.80M	$7.61M	-$1.64M
Pre-tax income	$8.16M	-$12.81M	-$27.51M	-$24.57M	$3.22M	-$8.26M	-$20.68M	-$8.31M	$25.09M	$12.90M	$9.12M	-$1.40M
Income tax	$581.00K	-$1.78M	-$4.00M	$27.02M	$496.00K	$2.06M	-$369.00K	$2.08M	-$956.00K	-$157.00K	-$30.00K	$990.00K
Net income	$6.98M	-$11.56M	-$24.19M	-$51.71M	$2.29M	-$10.46M	-$20.86M	-$10.63M	$25.79M	$12.78M	$8.84M	-$2.56M
EBITDA	$15.32M	-$7.13M	-$21.62M	-$17.63M	$9.88M	$1.11M	-$13.57M	-$2.15M	$30.65M	$17.35M	$11.26M	$2.14M
EPS (basic)	$0.06	$-0.12	$-0.28	$-0.56	$0.02	$-0.10	$-0.16	$-0.09	$0.23	$0.11	$0.06	$-0.02
EPS (diluted)	$0.06	$-0.12	$-0.28	$-0.56	$0.02	$-0.10	$-0.16	$-0.09	$0.23	$0.11	$0.06	$-0.02
Diluted shares	3.99M	103.56M	103.96M	104.40M	190.00K	105.24M	105.86M	106.29M	203.00K	107.77M	109.19M	108.71M
Gross margin	24.6%	25.7%	24.1%	22.9%	26.2%	27.7%	26.8%	26.9%	33.1%	32.7%	33.2%	26.7%
Operating margin	2.9%	-3.0%	-9.5%	-6.9%	1.4%	-0.6%	-5.3%	-1.6%	6.2%	3.9%	2.4%	-0.4%
Net margin	1.7%	-3.4%	-9.3%	-17.0%	0.6%	-2.8%	-6.5%	-3.1%	5.9%	3.6%	2.8%	-0.7%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$178.56M	$130.18M	$94.59M	$61.61M	$109.63M	$102.53M	$107.45M	$66.05M	$98.83M	$119.75M	$193.86M	$136.21M
Receivables	$253.27M	$204.92M	$188.56M	$178.10M	$218.65M	$219.22M	$179.23M	$191.88M	$233.90M	$178.38M	$159.82M	$189.26M
Inventory	$240.17M	$251.75M	$265.54M	$293.00M	$259.98M	$276.84M	$295.63M	$314.45M	$303.34M	$273.47M	$264.53M	$344.64M
Total current assets	$711.59M	$621.18M	$579.62M	$571.55M	$623.39M	$633.36M	$617.24M	$607.68M	$665.46M	$599.36M	$646.85M	$737.49M
Goodwill	$354.70M	$354.41M	$354.39M	$357.52M	$354.22M	$355.00M	$359.72M	$357.79M	$357.76M	$357.40M	$357.42M	$379.33M
Total assets	$1.36B	$1.26B	$1.23B	$1.20B	$1.24B	$1.24B	$1.22B	$1.20B	$1.25B	$1.18B	$1.22B	$1.34B
Total current liabilities	$418.49M	$342.10M	$322.73M	$361.12M	$396.31M	$417.18M	$426.18M	$410.02M	$430.94M	$344.10M	$369.15M	$476.98M
Short-term debt	$12.19M	$12.21M	$12.22M	$12.22M	$12.23M	$12.27M	$6.12M	$6.12M	$6.12M	$6.12M	$6.12M	$6.12M
Long-term debt	$186.01M	$171.11M	$168.05M	$164.99M	$161.31M	$136.39M	$118.28M	$116.75M	$115.22M	$113.69M	$112.16M	$110.63M
Total debt	$198.20M	$183.32M	$180.27M	$177.22M	$173.54M	$148.66M	$124.40M	$122.87M	$121.34M	$119.81M	$118.28M	$116.75M
Total liabilities	$663.48M	$567.94M	$559.81M	$589.79M	$616.38M	$616.16M	$606.71M	$587.92M	$608.03M	$516.53M	$535.91M	$648.90M
Shareholders' equity	$667.58M	$663.54M	$642.73M	$598.48M	$604.30M	$608.76M	$603.90M	$600.23M	$633.56M	$647.64M	$664.85M	$673.65M

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$57.09M	-$26.32M	-$18.46M	$25.10M	$55.55M	$18.75M	$30.19M	-$36.99M	$38.17M	$29.73M	$74.84M	-$14.05M
Capital expenditures	$1.98M	$2.52M	$2.51M	$3.32M	$1.50M	$3.07M	$2.71M	$4.34M	$5.25M	$3.67M	$2.77M	$2.64M
Free cash flow	$55.12M	-$28.84M	-$20.97M	$21.78M	$54.06M	$15.68M	$27.48M	-$41.33M	$32.92M	$26.06M	$72.07M	-$16.70M
Investing cash flow	-$1.98M	-$1.48M	-$14.92M	-$34.14M	-$2.16M	-$3.07M	-$2.71M	-$4.34M	-$5.25M	-$3.67M	-$2.77M	-$47.20M
Financing cash flow	-$24.18M	-$19.95M	-$2.19M	-$24.47M	-$4.06M	-$22.25M	-$24.78M	-$365.00K	-$1.48M	-$5.32M	$2.73M	$3.13M
Share buybacks	—	—	—	—	—	—	—	—	—	$5.01M	$0	$0
Stock-based compensation	$7.63M	$7.69M	$8.01M	$7.42M	$7.47M	$9.32M	$9.34M	$5.19M	$9.27M	$6.69M	$5.93M	$6.50M
Depreciation & amortization	$3.19M	$3.09M	$3.09M	$3.31M	$3.96M	$3.37M	$3.35M	$3.48M	$3.76M	$3.55M	$3.65M	$3.78M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.