Corsair Gaming, Inc. Earnings Recaps
Q1 2026
May 9, 2026
Corsair’s shares gained 11.1% following first-quarter results that impressed investors with strong gross margin expansion and margin-driven profit growth amid a challenging market for gaming components. The beat was driven primarily by better-than-expected profitability and progress in high-margin peripherals and ecosystem initiatives.
Key takeaways
- Total revenue reached $354.5 million, slightly above guidance midpoint, despite a 10% revenue decline in the Gaming Components and Systems segment due to an ongoing non-GPU upgrade cycle and supply constraints.
- Gross profit rose 13% year-over-year to $116 million, driven by strong execution in both segments, with record gross margin of 32.7%.
- Segment gross margin jumped 670 basis points to 28.4% in Gaming Components and Systems, reflecting favorable memory pricing and operational discipline despite revenue headwinds.
- Gamer and Creator Peripherals segment revenue grew 10% with robust margin at 40.8%, supported by growth in Stream Deck and the expanding Elgato marketplace ecosystem.
- The company reduced net debt close to zero and returned capital to shareholders via share repurchases, underscoring improving cash flow and balance sheet health.
Q3 2025
Nov 5, 2025
Corsair Gaming reported a robust Q3 2025 with net revenue rising 14% year-over-year to $345.8 million, alongside significant profit expansion driven by strong consumer acceptance of innovative products.
Key takeaways
- Double-digit revenue growth was supported by strong demand in the Components and Systems segment, particularly for high-performance gaming products.
- Gross profit increased 33.6% to $93.1 million, with gross margin improving by 400 basis points to 26.9% due to a favorable product mix.
- European markets accounted for 40% of total revenues, underscoring strong international performance.
- The company is well-positioned for future growth in the Sim Sports segment and plans to leverage its AI roadmap for further innovation.
- Corsair continues to manage operating expenses effectively while investing in strategic long-term initiatives.