Corsair Gaming, Inc.

CRSR Technology Computer Hardware

Corsair Gaming, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 11.9% from fiscal 2024.

Revenue
−1.80%
EPS
+137.5%
Free cash flow
+162.3%
Total debt
−4.92%

Quarter to June 2026, against a year earlier

12.60 1.13 −8.23%
Market cap
$1.5B
P/E
40.8×
Fwd P/E
48.8×
Dividend yield
—
F-score
6/9
Altman Z
1.93
Beneish M
−2.75
Dividend safety
41/100

Insider Decisions last twelve months

Sold, $m 0.12
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — 1 — — —
Insider Ownership 55.97%

Capital & Financial Ratios $m

Size
Market Cap 1,490.00
Revenue ttm 1,451.47
Net income ttm 37.86
Free cash flow ttm 89.72
Net debt Q (75.32)
Valuation
P/E 40.81 (above 35: high)
Forward P/E 48.80 (above 35: high)
Price / sales 0.94
Forward P/S Powerpack
Price / FCF 15.14
Price / book 2.04
Financial health
Current ratio Q 1.75 (at or above 1.5: strong)
Debt / equity Q 0.18 (at or below 0.5: strong)
Interest coverage Q 4.54
Growth
Revenue growth Q −1.80% (below 0%: shrinking)
Operating income growth Q +144.96% (above 0%: growing)
EPS, this year +45.05% (at or above 15%: strong)
EPS, next year A −8.09% (below 0%: weak)
Revenue, next year A −2.14% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +12.38%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 58.18%
10-year low 10-year high
P/S against its own 10 years 52.35%
10-year low 10-year high
P/B against its own 10 years 44.07%
10-year low 10-year high
EV/Sales against its own 10 years 39.77%
10-year low 10-year high
EV/FCF against its own 10 years 15.76%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 178 109 99 194
Receivables 253 219 234 160
Inventory 240 260 303 265
Other — — — —
712 623 665 647
2023 2024 2025 Q'26
Payables 240 207 213 179
ST’ Debt 12 12 6 6
Other 166 177 212 184
418 396 431 369

Compound Annual Growth %

10y 5y 3y
Sales — (2.86%) 2.31%
Cash Flow — (21.58%) (8.94%)
Earnings — 0.00% 0.00%
Book Value — 7.69% (0.03%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.11 0.06 — — —
’25 (0.10) (0.16) (0.09) 0.22 (0.12)
’24 (0.12) (0.28) (0.56) 0.01 (0.95)
’23 (0.01) 0.01 (0.03) 0.06 0.03
’22 (0.03) (0.62) (0.09) 0.12 (0.63)
’21 0.47 0.28 0.02 0.25 1.01
’20 0.01 0.26 0.40 0.43 1.14
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 355 314 — — —
’25 370 320 346 437 1,472
’24 337 261 304 414 1,316
’23 354 325 363 417 1,460
’22 381 284 312 399 1,375
’21 529 473 391 511 1,904
’20 309 380 457 556 1,702
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 30 75 — — —
’25 19 30 (37) 38 50
’24 (26) (18) 25 56 36
’23 42 2 (12) 57 89
’22 (6) 16 35 21 66
’21 28 32 (34) (5) 20
’20 2 74 25 69 169
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 26 72 — — —
’25 16 27 (41) 33 35
’24 (29) (21) 22 54 26
’23 37 (1) (15) 55 76
’22 (10) 9 27 15 40
’21 26 29 (37) (8) 9
’20 0 72 23 65 160
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 595 856 938 1,097 1,702 1,904 1,375 1,460 1,316 1,472 1,451 +10.6% 1,441 1,514 1,630 +3.4%
Gross margin, % 22.69 21.50 20.55 20.44 27.34 26.99 21.57 24.68 24.89 28.92 31.55 +6.2 pt
EBT 35 17 (11) (13) 122 115 (64) (3) (62) (12) 39 n/m
EBT margin, % 5.88 1.99 (1.14) (1.22) 7.17 6.02 (4.64) (0.24) (4.68) (0.83) 2.67 (6.7) pt
Net income 29 0 (14) (8) 103 101 (54) (1) (83) (15) 38 n/m
Per share, $
Per share, $ Revenue 0.00 9.30 12.42 14.39 19.74 20.42 14.28 14.25 12.64 13.89 13.52 n/m
Earnings 0.32 0.13 (0.18) (0.11) 1.20 1.08 (0.63) 0.03 (0.95) (0.12) 0.31 n/m
Cash flow 0.00 (0.03) 0.01 0.49 1.96 0.22 0.69 0.87 0.34 0.47 0.99 n/m
Capex 0.00 0.00 (0.11) (0.12) (0.10) (0.12) (0.27) (0.12) (0.10) (0.14) (0.15) n/m
Free cash flow 0.00 (0.03) (0.10) 0.37 1.85 0.10 0.42 0.75 0.25 0.33 0.84 n/m
Book value 0.00 2.73 0.00 2.84 5.07 6.09 6.59 6.62 5.80 5.98 6.19 n/m
Shares, m 0 92 75 76 86 93 96 102 104 106 107 n/m
Valuation, ×
Valuation, × P/E 38.18 38.18 38.18 38.18 30.61 19.28 0.00 461.33 0.00 0.00 40.81 66.4
P/S 0.92 0.92 0.92 0.92 1.84 1.03 0.96 0.97 0.52 0.43 0.94 0.9
P/B 4.97 4.97 4.97 4.97 7.14 3.45 2.08 2.09 1.14 0.99 2.04 3.7
EV/Sales 1.22 1.22 1.22 1.22 1.95 1.12 1.02 0.99 0.57 0.44 0.88 1.1
EV/FCF 15.74 15.74 15.74 15.74 20.76 232.36 35.08 18.83 28.92 18.78 14.30 41.8
Cash, $m
Cash, $m Operating cash flow 30 (3) 0 37 169 20 66 89 36 50 106 +5.9%
Capex (4) (7) (8) (9) (9) (11) (26) (13) (10) (15) (16) +16.2%
Free cash flow 30 (3) (8) 28 160 9 40 76 26 35 90 +1.7%
Balance, $m
Balance, $m Working capital 91 104 97 130 186 259 280 293 227 235 278 +11.1%
Net debt 22 266 395 454 197 183 85 20 64 23 (75) +0.4%
Shareholders’ equity 32 251 — 217 437 568 634 678 604 634 665 +39.3%
Returns, %
Returns, % ROA 5.99 10.08 0.00 (1.29) 8.70 7.62 (4.62) 0.24 (7.65) (1.00) 2.88 (7.0) pt
ROIC 0.00 0.00 3.45 2.21 15.60 11.48 (4.76) 0.87 (4.67) 0.20 4.52 +0.2 pt
ROE 27.10 11.21 (6.63) (4.42) 31.56 20.08 (10.14) 0.49 (15.47) (2.01) 5.54 (29.1) pt
People
People Employees — — — 1,990 2,411 2,490 2,480 2,387 2,567 2,355 — +2.8%
Revenue/emp, $m 0.00 0.00 0.00 0.55 0.71 0.76 0.55 0.61 0.51 0.63 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026

Corsair Gaming, Inc. vs peers in Computer Hardware (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
IQMX IQM Quantum Computers Oyj $1.7B — (loss-making) — — n/m 0.00% — 0.00% Compare
QUBT Quantum Computing Inc. $1.5B — (loss-making) — (loss-making) +34.04% (above 0%: growing) n/m −62.17% (below 0%: shrinking) (8,323.61%) 0.00% Compare
CRSR Corsair Gaming, Inc. $1.5B 40.8× 48.8× −1.80% (below 0%: shrinking) n/m +162.25% (above 0%: growing) 33.18% 2.42%
ADIG ADI Global Distribution Inc $1.3B — — — — — 22.71% 1.94% Compare
CRCT Cricut, Inc. $1.3B 14.2× — (loss-making) −9.20% (below 0%: shrinking) +58.33% (above 0%: growing) +34.12% (above 0%: growing) 74.48% 30.34% Compare
PSQL Pasqal Holding SA $1.1B — — — — — — — Compare
UMAC Unusual Machines, Inc. $897.0M — (loss-making) — (loss-making) +687.31% (above 0%: growing) n/m −723.81% (below 0%: shrinking) 34.70% (46.85%) Compare
QMCO Quantum Corporation $818.6M — (loss-making) — (loss-making) +25.69% (above 0%: growing) n/m +103.05% (above 0%: growing) 39.26% 6.23% Compare
BRAI Braiin Limited $630.6M — — — — — — — Compare
Median of peers $1.2B — — +29.86% — 0.00% 34.70% 0.97%

All 46 Computer Hardware stocks →

Pay and ownership Proxy statement filed 30 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 1.17m 3.76m 16.00
2024 5.98m (584.12k) 46.00
2023 6.70m 4.93m 99.00
2022 9.89m 4.48m 95.00
2021 10.17m (233.66k) 147.00
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Read the proxy statement

Corsair Gaming, Inc. (CRSR) Latest News

28 Oct

13 Aug

Impact 4 · · The Motley Fool transcript

7 Aug

Impact 4 · · The Motley Fool
Impact 3 · · Moby transcript

5 Aug

2 Jun

Impact 3 · · Business Wire

22 May

Impact 4 · · Business Wire

8 May

Impact 4 · · The Motley Fool transcript

7 May

Impact 4 · · MarketBeat
stockrow.com/CRSR · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com