TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 320.1M
Gross Profit 85.9M 26.83%
Operating Income -16.9M -5.29%
Net Income -20.3M -6.34%
EPS (Diluted) $-0.16

Balance Sheet Metrics

Total Assets 1.2B
Total Liabilities 616.2M
Shareholders Equity 623.3M
Debt to Equity 0.99

Cash Flow Metrics

Operating Cash Flow 16.5M
Free Cash Flow 15.7M

Revenue & Profitability Trend

Corsair Gaming Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i1.3B1.5B1.4B1.9B1.7B
Cost of Goods Sold i988.8M1.1B1.1B1.4B1.2B
Gross Profit i327.6M360.3M296.6M513.9M465.4M
Gross Margin % i24.9%24.7%21.6%27.0%27.3%
Operating Expenses
Research & Development i67.5M65.3M66.5M60.3M50.1M
Selling, General & Administrative i310.0M285.3M284.9M315.7M257.0M
Other Operating Expenses i-----
Total Operating Expenses i377.6M350.6M351.4M376.0M307.1M
Operating Income i-50.0M9.7M-54.8M137.9M158.4M
Operating Margin % i-3.8%0.7%-4.0%7.2%9.3%
Non-Operating Items
Interest Income i3.3M6.8M374.0K00
Interest Expense i13.2M17.4M9.6M12.8M31.0M
Other Non-Operating Income-1.8M-2.6M213.0K-10.6M-5.3M
Pre-tax Income i-61.7M-3.5M-63.8M114.6M122.0M
Income Tax i21.7M-2.4M-9.8M13.6M18.8M
Effective Tax Rate % i0.0%0.0%0.0%11.9%15.4%
Net Income i-83.4M-1.0M-53.9M101.0M103.2M
Net Margin % i-6.3%-0.1%-3.9%5.3%6.1%
Key Metrics
EBITDA i3.4M64.6M-683.0K177.3M200.4M
EPS (Basic) i$-0.95$0.03$-0.63$1.08$1.20
EPS (Diluted) i$-0.95$0.03$-0.63$1.01$1.14
Basic Shares Outstanding i104164000102482000962800009326000086256000
Diluted Shares Outstanding i104164000102482000962800009326000086256000

Income Statement Trend

Corsair Gaming Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i107.0M175.6M151.2M62.4M129.5M
Short-term Investments i-----
Accounts Receivable i218.6M253.3M235.7M291.3M293.6M
Inventory i260.0M240.2M192.7M298.3M226.0M
Other Current Assets35.4M39.8M40.6M51.0M38.0M
Total Current Assets i623.4M711.6M622.8M705.8M691.0M
Non-Current Assets
Property, Plant & Equipment i81.0M64.5M74.2M77.5M48.0M
Goodwill i872.8M897.4M911.7M859.8M884.8M
Intangible Assets i164.3M188.0M216.3M225.7M259.3M
Long-term Investments-----
Other Non-Current Assets11.6M34.6M30.3M20.7M8.6M
Total Non-Current Assets i612.4M645.9M674.5M631.6M623.1M
Total Assets i1.2B1.4B1.3B1.3B1.3B
Liabilities
Current Liabilities
Accounts Payable i207.2M240.0M172.0M236.1M299.6M
Short-term Debt i28.1M21.9M17.5M14.2M9.1M
Current Portion of Long-term Debt-----
Other Current Liabilities26.3M18.2M20.0M40.7M63.6M
Total Current Liabilities i396.3M418.5M343.0M446.7M505.4M
Non-Current Liabilities
Long-term Debt i209.0M224.6M277.6M294.1M339.0M
Deferred Tax Liabilities i7.4M17.4M18.1M25.7M29.8M
Other Non-Current Liabilities3.7M3.0M3.1M2.7M2.6M
Total Non-Current Liabilities i220.1M245.0M298.8M322.5M371.3M
Total Liabilities i616.4M663.5M641.8M769.2M876.7M
Equity
Common Stock i10.0K10.0K10.0K9.0K9.0K
Retained Earnings i-58.8M40.4M37.2M98.1M-2.8M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i619.5M694.0M655.4M568.2M437.4M
Key Metrics
Total Debt i237.0M246.5M295.2M308.3M348.0M
Working Capital i227.1M293.1M279.8M259.0M185.6M

Balance Sheet Composition

Corsair Gaming Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-83.4M-1.0M-53.9M101.0M103.2M
Depreciation & Amortization i51.9M50.7M53.5M45.1M43.2M
Stock-Based Compensation i30.6M30.9M22.2M17.2M5.8M
Working Capital Changes i16.4M8.8M60.3M-127.6M22.9M
Operating Cash Flow i30.0M87.3M65.1M28.5M172.8M
Investing Activities
Capital Expenditures i-9.8M-12.8M-26.3M-11.0M-9.0M
Acquisitions i-42.8M-14.2M-19.5M-4.8M-1.3M
Investment Purchases i00-1.0M00
Investment Sales i-----
Investing Cash Flow i-53.3M-27.0M-47.0M-20.5M-10.3M
Financing Activities
Share Repurchases i---00
Dividends Paid i----0
Debt Issuance i25.0M00248.5M0
Debt Repayment i-50.0M-41.0M-711.0M-391.9M0
Financing Cash Flow i-56.1M-44.8M-635.9M-143.8M-80.5M
Free Cash Flow i25.9M76.4M40.1M9.2M160.0M
Net Change in Cash i-79.3M15.4M-617.8M-135.8M82.0M

Cash Flow Trend

Corsair Gaming Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 359.67
Forward P/E 16.71
Price to Book 1.50
Price to Sales 0.64
PEG Ratio -8.39

Profitability Ratios

Profit Margin -5.74%
Operating Margin -5.29%
Return on Equity -12.33%
Return on Assets -1.74%

Financial Health

Current Ratio 1.45
Debt to Equity 31.01
Beta 1.77

Per Share Data

EPS (TTM) $-0.80
Book Value per Share $5.70
Revenue per Share $13.40

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
crsr903.4M359.671.50-12.33%-5.74%31.01
Arista Networks 166.9B52.0715.3633.64%40.90%0.00
Dell Technologies 93.5B21.71-30.94-331.07%4.72%-9.80
Rigetti Computing 1.6B-3.26-48.81%52.80%1.45
Cricut 1.2B16.353.8218.96%10.09%4.34
Red Cat Holdings 916.8M-22.409.47-55.21%20.64%22.93

Financial data is updated regularly. All figures are in the company's reporting currency.