YOLFTbeta
Corsair Gaming Inc

Corsair Gaming Inc

CRSR · NASDAQ · Technology / Computer Hardware

11.78USD-0.50 (-4.07%)

Price History

Full chart

Market Stats

Previous Close12.28
Open12.24
Day Range11.59 – 12.24
52-Week Range4.48 – 14.98
Volume1.03M
Market Cap1.47B
P/E (TTM)43.71
Forward P/E17.33
EPS0.31
Dividend Yield0.00%
Beta1.88
50-Day Avg11.89
200-Day Avg8.05

About

Corsair Gaming, Inc., together with its subsidiaries, designs and sells gaming and streaming peripherals, components, and systems in Europe, the Middle East, North Africa, North America, Latin America, and the Asia Pacific. The company operates in two segments, Gamer and Creator Peripherals, and Gaming Components and Systems. The Gamer and Creator Peripherals segment offers gaming keyboards, mice, headsets, and controllers Stream Decks, microphones, teleprompters, audio interfaces, Facecam streaming cameras, studio accessories, command center displays, sim racing products, and gaming furniture. Its Gaming Components and Systems segment provides power supply units, cooling solutions, computer cases, dynamic random access memory modules. pre- and custom-built gaming personal computers and laptops, and AI workstations. The company also offers software platforms, including iCUE for gamers and Elgato streaming suite for content creators, as well as digital services. It sells its products through e-retail, retail, and direct-to-consumer channels, as well as distributors. The company was formerly known as Corsair Components (Cayman) Ltd and changed its name to Corsair Gaming, Inc. in 2018. Corsair Gaming, Inc. was incorporated in 1994 and is headquartered in Milpitas, California.

Company Details

  • SectorTechnology
  • IndustryComputer Hardware
  • CEOMs. Thi L. La
  • Employees2.35K
  • Headquarters115 N. McCarthy Boulevard, Milpitas, CA, United States, 95035, USA
  • Websitehttps://www.corsair.com

Leadership

  • Ms. Thi L. LaCEO, President, COO & Director · b. 1965
  • Mr. Gordon MattinglyChief Financial Officer · b. 1971
  • Mr. Roland OberdorferChief Technology Officer
  • Mr. Ronald Van VeenVice President of Finance & Investor Relations
  • Ms. Carina M. Tan J.D.Senior VP & General Counsel
  • Mr. Michael BuchananSenior Vice President of Worldwide Sales
  • Mr. Peter E. HilliardChief People & Consumer Experience Officer · b. 1967
  • Mr. Bertrand ChevalierExecutive Vice President of Gaming Products · b. 1971
  • Mr. Matthew HsuSenior Vice President of System Products
  • Julian FestSenior Vice President of Streaming Products

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue511.34M595.12M855.55M937.55M1.10B1.70B1.90B1.38B1.46B1.32B1.47B
Growth (%)-+16.38%+43.76%+9.58%+17.03%+55.16%+11.85%-27.78%+6.17%-9.83%+11.86%
Cost of Revenue401.69M460.13M671.22M744.86M872.89M1.24B1.39B1.08B1.10B988.78M1.05B
Gross Profit109.65M134.99M184.33M192.69M224.29M465.43M513.85M296.63M360.26M327.60M425.88M
Gross Margin21.44%22.68%21.54%20.55%20.44%27.34%26.99%21.57%24.68%24.89%28.92%
Operating Expense82.50M94.52M135.69M170.91M200.58M307.07M375.96M351.43M350.57M377.55M423.81M
Operating Income27.14M40.46M48.63M21.79M23.71M158.36M137.89M-54.79M9.69M-49.95M2.08M
Operating Margin5.31%6.80%5.68%2.32%2.16%9.30%7.24%-3.98%0.66%-3.79%0.14%
EBITDA30.93M43.81M42.42M58.54M59.66M196.30M172.42M-683.00K64.64M3.45M51.39M
EBITDA Margin6.05%7.36%4.96%6.24%5.44%11.53%9.06%-0.05%4.43%0.26%3.49%
Net Income17.70M29.09M11.73M-13.72M-8.39M103.22M100.96M-54.39M-2.59M-85.18M-12.46M
Net Income Margin3.46%4.89%1.37%-1.46%-0.77%6.06%5.30%-3.96%-0.18%-6.47%-0.85%
R&D12.17M15.00M21.15M31.99M37.55M50.06M60.29M66.49M65.26M67.54M69.15M
R&D as % of Total Revenue2.38%2.52%2.47%3.41%3.42%2.94%3.17%4.84%4.47%5.13%4.70%
Interest Expense-0032.68M35.55M31.02M12.77M9.56M17.42M13.21M9.35M
Interest Expense % of Total Revenue-0.00%0.00%3.49%3.24%1.82%0.67%0.70%1.19%1.00%0.63%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-238.22M730.76M810.99M1.06B1.31B1.34B1.30B1.36B1.24B1.25B
Total Liabilities-205.82M479.87M648.29M842.94M876.73M769.22M641.81M663.48M616.38M608.03M
Total Equity-32.40M250.90M162.70M216.78M437.39M568.18M623.84M667.58M604.30M633.56M
Cash-49.01M19.03M25.64M48.16M129.54M62.41M151.18M175.62M107.01M98.58M
Total Debt-70.96M284.28M422.72M505.81M348.03M308.26M295.17M246.50M237.04M121.34M
Net Debt-21.95M265.25M397.08M457.65M218.49M245.85M143.99M70.88M130.03M22.76M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow22.27M29.89M-2.98M422.00K37.10M168.95M20.19M66.39M89.15M35.88M50.12M
Investing Cash Flow-2.79M-3.98M-535.77M-38.55M-145.43M-10.28M-20.54M-47.03M-26.98M-52.70M-15.37M
Financing Cash Flow-10.20M-898.00K519.87M47.35M132.31M-79.13M-65.40M72.61M-37.39M-50.68M-48.87M
Capital Expenditure2.79M3.98M6.64M8.35M9.02M8.99M10.97M26.32M12.76M9.85M15.37M
Free Cash Flow19.47M25.90M-9.62M-7.92M28.08M159.96M9.22M40.07M76.39M26.03M34.75M
Dividends Paid--85.00M85.00M87.01M014.47M4.31M-5.79M-
FCF to OCF87.46%86.67%322.54%-1877.49%75.68%94.68%45.65%60.36%85.69%72.55%69.33%
Dividend Paid to FCF---883.76%-1072.83%309.86%0.00%157.03%10.76%-22.25%-

Earnings

Report DateSep 24, 2020Nov 10, 2020Feb 9, 2021May 4, 2021Aug 3, 2021Nov 2, 2021Feb 8, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 9, 2023May 10, 2023Aug 3, 2023Nov 7, 2023Feb 13, 2024May 7, 2024Aug 1, 2024Nov 6, 2024Feb 12, 2025May 6, 2025Aug 7, 2025Nov 4, 2025Feb 12, 2026May 7, 2026Aug 6, 2026Nov 3, 2026
EPS Estimate0.310.280.460.330.390.240.250.19-0.030.020.160.110.090.130.250.140.070.060.160.12-0.050.090.270.18-0.020.07
EPS Actual0.010.540.530.580.360.160.350.09-0.200.080.200.110.090.130.220.09-0.07-0.290.230.11-0.070.060.430.270.18-
Surprise-96.77%92.86%15.22%75.76%-7.69%-33.33%40.00%-52.63%-566.67%300.00%25.00%0.00%0.00%0.00%-12.00%-35.71%-200.00%-583.33%43.75%-8.33%-40.00%-33.33%59.26%50.00%1000.00%-
TimingAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.47B
Enterprise Value1.46B
Trailing P/E43.71
Forward P/E17.33
Price / Sales1.01
Price / Book2.20
EPS0.31
Book Value6.15
Revenue (TTM)1.45B
Gross Profit (TTM)443.07M
EBITDA81.52M
Profit Margin2.54%
Operating Margin-2.54%
Return on Equity5.85%
Return on Assets1.43%
Shares Outstanding108.18M
Shares Float47.47M
Beta1.88
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 6 analystsTarget 13.22
  • Strong Buy
    2
  • Buy
    1
  • Hold
    3

Ownership Breakdown

Institutions
90.77%
Insiders
3.77%
Retail / Other
5.46%

Top Institutional Holders

  • BlackRock Inc
    7.37M6.81%
  • Massachusetts Financial Services Company
    3.12M2.88%
  • Dimensional Fund Advisors, Inc.
    2.96M2.74%
  • Vanguard Portfolio Management, LLC
    2.78M2.57%
  • Vanguard Capital Management, LLC
    2.06M1.91%
  • AQR Capital Management LLC
    1.99M1.84%
  • State Street Corp
    1.77M1.64%
  • Palisade Capital Management LLc
    1.62M1.50%
  • Amvescap Plc.
    1.37M1.26%
  • The Goldman Sachs Group Inc
    1.23M1.14%
  • Geode Capital Management, LLC
    1.20M1.11%
  • UBS Group AG
    916.21K0.85%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.88M2.66%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.54M1.42%
  • iShares Russell 2000 ETF
    1.29M1.19%
  • Vanguard Information Technology ETF
    1.20M1.11%
  • Nuveen Quant Small Cap Equity R6
    986.41K0.91%
  • MFS New Discovery I
    881.37K0.81%
  • DFA US Small Cap Value I
    740.36K0.68%
  • JPMorgan Small Cap Blend A
    721.12K0.67%