Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales, general and administrative

Product development

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Corsair Gaming

Corsair Gaming, Inc. designs and supplies hardware components for personal computers. It operates through the Gamer and Creator Peripherals, and Gaming Components and Systems segments. The Gamer and Creator Peripherals segment offers gaming keyboards, mice, headsets, controllers, and gaming gear including capture cards, Stream Decks, USB microphones, studio accessories, and EpocCam software, as well as coaching and training services. The Gaming Components and Systems segment focuses on creating power supply units, or PSUs, cooling solutions, computer cases, DRAM modules, prebuilt, and custom-built gaming PCs. The company was founded by Andrew J. Paul in 1994 and is headquartered in Milpitas, CA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Corsair Gaming reports resilient Q4 results and forecasts revenue growth

Corsair Gaming demonstrated resilience and market strength in Q4 2022, with notable product launches and margin improvements.
While facing challenges in 2022, the company remains optimistic about future growth opportunities and operational enhancements in 2023.
With a focus on market dominance, product innovation, and margin expansion, Corsair Gaming aims to navigate uncertainties and drive profitability.

Corsair Gaming reports robust Q1 earnings amidst market expansion

Corsair Gaming's Q1 2023 performance reflects strong financial results, driven by improved profitability and revenue growth.
While facing challenges such as high debt levels and market competition, Corsair's focus on innovation and strategic partnerships positions it well for future success.
The company's outlook for flat to up revenue for full-year 2023, along with a robust cash position, provides a foundation for continued growth and value creation.

Corsair Gaming beats revenue expectations, eyes growth amid market challenges

Corsair Gaming delivered a strong performance in Q2 2023, exceeding revenue expectations and improving key financial metrics.
While facing challenges in European markets and specific product segments, the company's strategic strengths and opportunities position it well for future growth.
With a solid cash balance, ongoing debt management, and a positive outlook for the gaming market, Corsair remains well-positioned for the rest of 2023.

Corsair Gaming reports robust Q3 results and eyes gaming market growth

Corsair Gaming's Q3 performance reflects strong revenue growth and improved profitability, supported by successful product launches.
While maintaining a solid financial position, the company aims to address debt reduction and capitalize on opportunities in the gaming hardware market.
Strategic initiatives such as the Drop acquisition and ongoing product innovation position Corsair for continued growth and market leadership.

Corsair Gaming reports robust Q4 earnings, poised for strategic growth

Corsair Gaming's Q4 2023 performance reflects strong financials and growth momentum, supported by notable product launches and operational enhancements.
While facing challenges in market competition and margin improvement, the company is well-positioned to capitalize on opportunities for revenue growth and innovation.
Strategic initiatives like the Stream Deck marketplace and Drop integration are expected to contribute significantly to Corsair's future success.
Overall, Corsair Gaming's performance highlights a resilient business model and a strategic focus on driving growth and profitability.

Corsair Gaming reports robust Q1 performance amidst growth opportunities

Corsair Gaming's Q1 2024 showcased strong revenue growth and gross margin improvement driven by new product launches.
While facing an operating loss, the company remains confident in its full-year outlook and strategic initiatives.
Expansion in regional markets, active M&A activities, and upcoming product launches position Corsair Gaming for future growth.
Addressing challenges in profitability and market competition will be crucial for sustaining Corsair Gaming's growth trajectory.

Corsair Gaming faces revenue challenges but sees growth opportunities ahead

Corsair Gaming navigated challenges in Q2 2024 with revenue decline but showed strength in the Gamer and Creator segment.
The company faces challenges from market trends and profitability issues but has opportunities in new technologies and strategic acquisitions.
Overall, Corsair's long-term outlook remains positive, with a focus on growth and revenue recovery in the gaming peripherals market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance gear for gamers, streamers, content-creators, and gaming PC builders, today announced it will release its third quarter 2024 results and financial outlook after the Nasdaq close on Wednesday, November 6, 2024, with its management hosting a conference call to discuss results at 2:00 p.m. Pacific Time that same day. The 2:00 p.m. Pacific.

Corsair Gaming to Report Q3 2024 Financial Results on November 6

Corsair Gaming's valuation is currently depressed, presenting a potential buying opportunity as the company is expected to benefit from upcoming product release cycles in 2025. Despite its cyclical earnings and lack of dividends, Corsair's low debt, market position, and growth potential make it a speculative "Buy" at $8/share. The gaming peripheral market remains strong, with Corsair's innovative products and brand loyalty driving future demand, especially with new game releases.

Corsair Gaming: May Be Worth A Second Look, A 'Buy' From Me

MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR), a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts, has begun to release the first products in its multi-year, full cross-brand collaboration with the critically acclaimed Call of Duty franchise. This powerful new integration sees two of the world's best-known gaming brands come together for the first time with the collaboration extending across multiple.

CORSAIR Launches High-Performance Products in Multi-Year, Cross Brand Collaboration with Call of Duty®

MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR) announced today it has closed its acquisition of the Fanatec Sim Racing brand and all associated personnel, in an asset purchase from Endor AG, creating a leading end-to-end premium Sim Racing product line. The Fanatec Sim Racing product line is known for setting the gold standard for excellence in force feedback steering wheels and wheelbases, pedals, shifters and other accessories for PlayStation, Xbox, and PC-based racing simulators,.

Corsair Closed Acquisition of the Fanatec Product Line from Endor AG; Moves into Sim Racing's Pole Position

MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (NASDAQ:CRSR), a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts, has announced an exclusive multi-year, full cross-brand partnership with the critically acclaimed Call of Duty® franchise. This powerful new integration sees two of the world's best-known gaming brands come together for the first time. The collaboration will include several Call of Duty titles, beginning.

CORSAIR Announces Exclusive Multi-Year, Cross Brand Partnership with Call of Duty® Franchise

CRSR is set to boost its product range and expand market reach with the acquisition of the Fanatec Sim Racing brand, located in Germany.

Corsair Gaming to Acquire Fanatec Sim Racing Brand, Stock Up

MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR) announced today the signing of a definitive agreement to acquire the Fanatec Sim Racing brand and all associated personnel, in an asset purchase from Endor AG. The acquisition is expected to close within the week. Located in Landshut, Germany, Fanatec Sim Racing products include force feedback steering wheels and wheelbases, pedals, shifters and other accessories for PlayStation, Xbox, and PC-based racing simulators. Endor reported that.

Corsair Set to Acquire the Fanatec Product Line from Endor AG

AMSTERDAM--(BUSINESS WIRE)---- $CRSR--Elgato, a brand of CORSAIR (NASDAQ: CRSR), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, and gaming PC builders, today announced the launch of Stream Deck Studio, bringing its highly popular and commercially successful Stream Deck to professional broadcasters. Developed in collaboration with Bitfocus, pioneers in professional broadcast software, Stream Deck Studio is positioned to redefine how profession.

Elgato Launches Stream Deck Studio; Collaboration with Bitfocus Brings Highly Popular Stream Deck to Professional Broadcasters

Allegiant Travel Company

3D Systems

GEO Group

Gap Inc

HCI Group

Innovative Industrial Properties

Jefferies Financial Group Inc

Leggett & Platt

Dorian LPG

MP Materials

New York Community Bancorp

Pitney Bowes

B. Riley Financial

Shoe Carnival

Super Micro Computer

SunPower

Texas Pacific Land Trust

Walgreens

XPEL

Difficult-to-short stocks are likely to lag the market. Few investors are aware of this tendency, much less act on it, because they instead focus on finding stocks that can outperform the market.

20 stocks the bears can't easily short — and that's why you shouldn't buy them

Corsair Gaming reported sharp revenue and earnings decline in Q2, led by incredibly weak component sales due to macroeconomic reasons, retailer destocking, and anticipation of newer GPU releases in ~Q4. I still believe in a likely mid-term recovery in the segment, but the short-term outlook is still cloudy and incredibly risky with the lowered 2024 financial guidance. Corsair Gaming's stock has become undervalued considering a component sales recovery, but with the elevated risk profile, I remain with a Hold rating for the time being.

Corsair Gaming: A Deeper Component Sales Disaster In Q2

AGCO

DoorDash

AGCO, CRSR and DASH have been added to the Zacks Rank #5 (Strong Sell) List on August 2, 2024.

New Strong Sell Stocks for August 2nd

Corsair Gaming, Inc. (NASDAQ:CRSR ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Ronald van Veen - Vice President of Finance and Investor Relations Andy Paul - Chief Executive Officer Michael Potter - Chief Financial Officer Conference Call Participants George Wang - Barclays Capital, Inc. Colin Sebastian - Baird Andrew Crum - Stifel, Nicolaus & Company, Inc. Doug Creutz - Cowen Aaron Lee - Macquarie Group Operator Good afternoon, everyone, and welcome to Corsair Gaming's Second Quarter 2024 Earnings Conference Call. As a reminder, today's call is being recorded, and your participation implies consent to such recording.

Corsair Gaming, Inc. (CRSR) Q2 2024 Earnings Call Transcript

MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, and gaming PC builders, today announced financial results for the second quarter ended June 30, 2024, and its updated financial outlook for the full year 2024. Second Quarter 2024 Select Financial Metrics Net revenue was $261.3 million compared to $325.4 million in the second quarter of.

Corsair Gaming Reports Q2 2024 Financial Results

CrowdStrike

HubSpot

Nutanix

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. `

Top 4 Tech Stocks That May Explode In July

Amplitude

Headlines might say technology stocks have been rallying this year, but it depends on where you look. The Russell 2000 Index, for example, tracks small-t0-midsized capitalization stocks listed in the United States.

3 Tech Stocks to Buy at an All-Time Low in July

MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, and gaming PC builders, today announced it will report its full financial results and hold its second quarter 2024 conference call at 2:00 p.m. Pacific Time on August 1, 2024. The Company expects preliminary unaudited revenue to be approximately $261 million for the second quarter ended.

Corsair Gaming to Report Q2 2024 Financial Results on August 1; Provides Preliminary Q2 2024 Results

Corsair (CRSR) announces a strategic partnership with TD SYNNEX (SNX), a leading global distributor in the IT ecosystem.

Corsair (CRSR) Partners TD SYNNEX to Boost Business Solutions

MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair (Nasdaq: CRSR) today announced a new partnership with TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecosystem. This partnership will help foster new and existing relationships with customers by offering solutions that meet their unique requirements, enhancing customer support, and ensuring consistent communication to the customer's evolving needs. “TD SYNNEX has long been a market leader and we are pleased to announce our.

Corsair for Business Announces Partnership with TD SYNNEX

Electronic Arts

GameStop

The video gaming industry, while robust, is facing some serious challenges. The slowdown in consumer spending, market saturation, and uninspiring video game titles have dampened the industry's position.

3 Sorry Video Game Stocks to Sell Now While You Still Can: Summer Edition

TAIPEI, Taiwan--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR) today showcased its exciting new vision for the sim racing community at this year's Computex expo. Drawing on 30 years of gaming and engineering experience to design a versatile cockpit that promises a new level of quality and features suited for sim racing aficionados and new enthusiasts alike, CORSAIR will leverage its global production and distribution channels to make the hobby more accessible to racers worldwide. Visitors to CORSAIR'.

CORSAIR Accelerates Into Sim Racing

TAIPEI, Taiwan--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR) proudly announced the launch of a brand-new custom configurator that makes your gaming gear a reflection of you: CORSAIR Custom Lab. An all-in-one shop for specially designed products, CORSAIR Custom Lab lets you pour your passion and personality into a fully equipped setup that's brimming with self-expression. Customize a little or a lot – whatever your look is, CORSAIR Custom Lab is here to champion your style. With CORSAIR Custom Lab,.

CORSAIR Sets the Stage for Your Style with Custom Lab Announcement at Computex

ATLANTA--(BUSINESS WIRE)---- $CRSR--SCUF Gaming (Nasdaq:CRSR), proudly unveils its latest controller for mobile gaming, SCUF Nomad. This Made for iPhone® Bluetooth controller brings performance features and ergonomics that SCUF has refined with competitive gamers to a mobile controller. Leveraging SCUF's many years of design expertise and history of competitive excellence with console and PC gamers, Nomad is crafted to provide a premium mobile gaming experience in a compact design that can be taken anywh.

Introducing SCUF Nomad, Bringing SCUF's Innovative Performance and Functionality to Mobile Gamers Everywhere. Play Away.

MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, and gaming PC builders, will present at the following investor conferences: Wednesday, May 29, 2024: TD Cowen's 52st Annual Technology, Media & Telecom Conference in New York City. Tuesday, June 4, 2024: Stifel's 2024 Cross Sector Insight Conference in Boston. Wednesday, June 5, 2024.

Corsair Gaming to Present at Upcoming Investor Conferences

The Drop + Grell OAE1 Signature Headphones Re-engineer the Audio Experience SAN FRANCISCO , May 9, 2024 /PRNewswire/ --  Drop , a leading community-driven e-commerce brand, and audio pioneer Axel Grell have achieved a new pinnacle in stereo imaging and audio engineering with the Drop + Grell OAE1 Signature Headphones. Leveraging Grell's three decades of audio engineering and product development experience designing some of the industry's most iconic headphones, the driver-forward, open-around-ear OAE1 headphones lean into the structure of the human ear to achieve a more natural and realistic sound field much closer to a speaker listening experience.

Drop and Axel Grell Collaborate on Pure Audio Headphone

MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Please replace the release dated May 8, 2024 with the following corrected version due to multiple revisions. The updated release reads: CORSAIR PURSUING AN ACQUISITION OF FANATEC, THE LEADING BRAND FOR SIM RACING HARDWARE CORSAIR® (Nasdaq: CRSR) announced today that it has entered exclusive negotiations to acquire sim racing specialist Endor AG, owners of the world famous Fanatec brand. CORSAIR has reached an agreement with Endor to fund its short-term cash ne.

News for Corsair Gaming Stock (CRSR)