Corsair Gaming, Inc.
Business
Corsair Gaming, Inc. is a leading global provider of high-performance gaming and creator products, including peripherals, components, and systems for PC, console, and sim racing platforms. The company offers gaming keyboards, mice, headsets, controllers, streaming products (Stream Decks, capture cards, microphones), power supplies, cooling solutions, cases, DRAM, and prebuilt gaming PCs, supported by proprietary software platforms iCUE and Elgato. Products are distributed through retail channels and direct-to-consumer sales globally across the Americas, EMEA, and Asia Pacific, with Amazon representing a major retail partner.
Summary from 10-K filed 2026-02-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net revenue | 1,472 | 1,316 | 1,460 | 1,375 | 1,904 | |
| Cost of revenue | 1,047 | 989 | 1,100 | 1,078 | 1,390 | |
| Gross profit | 426 | 328 | 360 | 297 | 514 | |
| Sales, general and administrative | 355 | 310 | 285 | 285 | 316 | |
| Product development | 69 | 68 | 65 | 66 | 60 | |
| Total operating expenses | 424 | 378 | 351 | 351 | 376 | |
| Operating income (loss) | 2 | −50 | 10 | −55 | 138 | |
| Interest expense | −9 | −13 | −17 | −10 | −18 | |
| Interest income | 2 | 3 | 7 | 374,000 | — | |
| Other expense, net | −7 | −2 | −3 | 213,000 | −6 | |
| Total other expense, net | −14 | −12 | −13 | −9 | −23 | |
| Loss before income taxes | −12 | −62 | −3 | −64 | 115 | |
| Income tax benefit (expense) | −3 | −22 | 2 | 10 | −14 | |
| Net loss | −15 | −83 | −1 | −54 | 101 | |
| Less: Net income attributable to noncontrolling interest | 1 | 2 | 2 | 442,000 | — | |
| Net loss attributable to Corsair Gaming, Inc. | −16 | −85 | −3 | −54 | 101 | |
| Change in redemption value of redeemable noncontrolling interest | 4 | −14 | 6 | −7 | — | |
| Net income (loss) attributable to common stockholders of Corsair Gaming, Inc. | −12 | −99 | 3 | −61 | 101 | |
| Basic (per share) | −0.12 | −0.95 | 0.03 | −0.63 | 1.08 | |
| Diluted (per share) | −0.12 | −0.95 | 0.03 | −0.63 | 1.01 | |
| Basic (shares) | 106 | 104 | 102 | 96 | 93 | |
| Diluted (shares) | 106 | 104 | 106 | 96 | 100 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash | 97 | 107 | 176 | 151 | 62 | |
| Restricted cash | 1 | 2 | 3 | 3 | 3 | |
| Accounts receivable, net | 234 | 219 | 253 | 236 | 291 | |
| Inventories | 303 | 260 | 240 | 193 | 298 | |
| Prepaid expenses and other current assets | 30 | 35 | 40 | 41 | 51 | |
| Total current assets | 665 | 623 | 712 | 623 | 706 | |
| Restricted cash, noncurrent | 250,000 | 246,000 | 239,000 | 233,000 | 231,000 | |
| Property and equipment, net | 32 | 30 | 32 | 35 | 17 | |
| Goodwill | 358 | 354 | 355 | 348 | 317 | |
| Intangible assets, net | 125 | 164 | 188 | 216 | 226 | |
| Other assets | 74 | 64 | 71 | 75 | 72 | |
| Total assets | 1,254 | 1,236 | 1,357 | 1,297 | 1,337 | |
| Debt maturing within one year, net | 6 | 12 | 12 | 6 | 5 | |
| Accounts payable | 213 | 207 | 240 | 172 | 236 | |
| Other liabilities and accrued expenses | 212 | 177 | 166 | 164 | 206 | |
| Total current liabilities | 431 | 396 | 418 | 343 | 447 | |
| Long-term debt, net | 115 | 161 | 186 | 232 | 243 | |
| Deferred tax liabilities | 6 | 7 | 17 | 18 | 26 | |
| Other liabilities, noncurrent | 56 | 51 | 42 | 49 | 54 | |
| Total liabilities | 608 | 616 | 663 | 642 | 769 | |
| Commitments and Contingencies (Note 8) | — | — | — | — | — | |
| Redeemable noncontrolling interest | 12 | 15 | 16 | 21 | — | |
| Preferred stock, $0.0001 par value: 5,000 shares authorized, nil and nil shares issued and outstanding as of December 31, 2025 and 2024, respectively | — | — | — | — | — | |
| Common stock, $0.0001 par value: 300,000 shares authorized, 106,639 and 104,763 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 11,000 | 10,000 | 10,000 | 10,000 | 9,000 | |
| Additional paid-in capital | 705 | 668 | 631 | 593 | 470 | |
| Accumulated deficit | −71 | −59 | 40 | 37 | 98 | |
| Accumulated other comprehensive loss | −585,000 | −5 | −3 | −7 | −340,000 | |
| Total stockholders' equity | 634 | 604 | 668 | 624 | 568 | |
| Total liabilities, temporary equity and stockholders' equity | 1,254 | 1,236 | 1,357 | 1,297 | 1,337 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Stock-based compensation | 33 | 31 | 31 | 22 | 17 | |
| Depreciation | 14 | 13 | 12 | 11 | 10 | |
| Amortization | 40 | 38 | 38 | 43 | 35 | |
| Bargain purchase gain on business acquisition | 3 | −3 | — | — | — | |
| Deferred income taxes, net of valuation allowance | −7 | 11 | −6 | −22 | −12 | |
| Other | 4 | 6 | 4 | 5 | 3 | |
| Accounts receivable | −18 | 32 | −18 | 56 | 444,000 | |
| Inventories | −52 | 18 | −39 | 111 | −71 | |
| Prepaid expenses and other assets | 9 | 6 | 2 | 1 | −13 | |
| Accounts payable | 6 | −40 | 62 | −66 | −64 | |
| Other liabilities and accrued expenses | 32 | 5 | 4 | −41 | 7 | |
| Net cash provided by operating activities | 50 | 36 | 89 | 66 | 20 | |
| Acquisition of businesses, net of cash acquired | — | −43 | −14 | −20 | −5 | |
| Purchase of property and equipment | −15 | −10 | −13 | −26 | −11 | |
| Purchase of intangible asset | — | −100,000 | — | — | — | |
| Purchase price adjustment related to business acquisition | — | 1 | — | — | — | |
| Payment of bridge loan origination costs related to business acquisition | — | −666,000 | — | — | — | |
| Net cash used in investing activities | −15 | −53 | −27 | −47 | −21 | |
| Repayment of debt and debt issuance costs | −53 | −25 | −41 | −9 | −328 | |
| Borrowings from line of credit | 45 | 25 | — | 702 | 64 | |
| Repayment of line of credit | −45 | −25 | — | −702 | −64 | |
| Purchase of additional ownership interest | — | −20 | — | — | — | |
| Payment of other offering costs | — | — | −497,000 | −296,000 | — | |
| Proceeds from issuance of shares through employee equity incentive plans | 6 | 5 | 7 | 7 | 15 | |
| Payment of taxes related to net share settlement of equity awards | −1 | −573,000 | −1 | −2 | −397,000 | |
| Dividend paid to noncontrolling interest | −494,000 | −6 | −980,000 | −4 | — | |
| Payment of deferred and contingent consideration | — | −5 | −950,000 | −438,000 | — | |
| Net cash used in financing activities | −49 | −51 | −37 | 73 | −65 | |
| Effect of exchange rate changes on cash | 3 | −1 | −281,000 | −3 | −2 | |
| Net increase (decrease) in cash and restricted cash | −11 | −69 | 25 | 89 | −68 | |
| Cash paid for interest | 9 | 13 | 17 | 9 | 11 | |
| Cash paid for income taxes, net | 10 | 5 | 7 | 14 | 41 | |
| Equipment purchased and unpaid at period end | 3 | 2 | 1 | 5 | 2 | |
| Purchase consideration related to business combination | — | 592,000 | — | — | — | |
| Receivable for business acquisition purchase price adjustment | — | — | 1 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Corsair Gaming, Inc.'s CIK number?
Corsair Gaming, Inc.'s SEC CIK number is 0001743759 (1743759). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Corsair Gaming, Inc.'s SEC filings?
All of Corsair Gaming, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Corsair Gaming, Inc. last report earnings?
Corsair Gaming, Inc. (CRSR) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-211845). This is Corsair Gaming, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Corsair Gaming, Inc.'s most recent earnings 8-K?
Corsair Gaming, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-211845. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Corsair Gaming, Inc.'s latest earnings 8-K →
Look up any company's CIK number →