Corsair Gaming (CRSR)
Market Price (9/22/2026): $13.54 | Market Cap: $1.5 BilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals
Corsair Gaming (CRSR)
Market Price (9/22/2026): $13.54Market Cap: $1.5 BilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldFCF Yield is 6.2% Megatrend and thematic driversMegatrends include Digital Content & Streaming, and Social Media & Creator Economy. Themes include Gaming Content & Platforms, Creator Economy Monetization, Show more. | Weak multi-year price returns3Y Excs Rtn is -83% | Stock price has recently run up significantly6M Rtn6 month market price return is 144% Weak revenue growthRev Chg QQuarterly Revenue Change % is -1.8% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 146% Key risksCRSR key risks include [1] inconsistent profitability with a history of mounting losses, Show more. |
| Attractive yieldFCF Yield is 6.2% |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming, and Social Media & Creator Economy. Themes include Gaming Content & Platforms, Creator Economy Monetization, Show more. |
| Weak multi-year price returns3Y Excs Rtn is -83% |
| Stock price has recently run up significantly6M Rtn6 month market price return is 144% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -1.8% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 146% |
| Key risksCRSR key risks include [1] inconsistent profitability with a history of mounting losses, Show more. |
Qualitative Assessment
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Corsair Gaming (CRSR) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Corsair Gaming reported exceptional financial results for fiscal Q2 2026 (ended June 30, 2026), significantly exceeding analyst expectations. The company posted a non-GAAP diluted Earnings Per Share (EPS) of $0.23, considerably beating the consensus estimate of $0.07 by $0.16. Furthermore, Corsair achieved a net income of $9.1 million in fiscal Q2 2026, a substantial turnaround from a net loss of $20.3 million in the same period last year. Gross profit also increased 21% year-over-year to $104.3 million, resulting in a record gross margin of 33.2%, an expansion of 635 basis points year-over-year.
2. The company raised its full-year 2026 financial guidance, signaling continued optimism. Following the strong fiscal Q2 2026 performance, Corsair Gaming updated its full-year 2026 outlook, increasing projected net revenue to a range of $1.4 billion to $1.47 billion and adjusted EBITDA to between $121 million and $131 million. The non-GAAP diluted EPS guidance for the full year was also raised to a range of $0.85 to $0.94.
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Corsair Gaming (CRSR) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Corsair Gaming reported exceptional financial results for fiscal Q2 2026 (ended June 30, 2026), significantly exceeding analyst expectations. The company posted a non-GAAP diluted Earnings Per Share (EPS) of $0.23, considerably beating the consensus estimate of $0.07 by $0.16. Furthermore, Corsair achieved a net income of $9.1 million in fiscal Q2 2026, a substantial turnaround from a net loss of $20.3 million in the same period last year. Gross profit also increased 21% year-over-year to $104.3 million, resulting in a record gross margin of 33.2%, an expansion of 635 basis points year-over-year.
2. The company raised its full-year 2026 financial guidance, signaling continued optimism. Following the strong fiscal Q2 2026 performance, Corsair Gaming updated its full-year 2026 outlook, increasing projected net revenue to a range of $1.4 billion to $1.47 billion and adjusted EBITDA to between $121 million and $131 million. The non-GAAP diluted EPS guidance for the full year was also raised to a range of $0.85 to $0.94.
3. Analyst sentiment turned notably more positive, leading to several price target increases. Key financial institutions revised their ratings and price targets upwards for CRSR. Barclays, for instance, boosted its price target from $9.00 to $15.00 and assigned an "overweight" rating on August 10, 2026. Roth MKM initiated coverage with a "Buy" rating and a $15 target, later increasing it to $16, while Wedbush raised its target to $13. The consensus analyst rating became a "Moderate Buy" or "Buy," with average price targets ranging from $12.00 to $13.22, reflecting increased confidence in the company's trajectory.
4. Strategic expansion into high-growth segments and product diversification contributed to margin improvement. Corsair broadened its product offerings and entered new markets, notably with the acquisition of sim-racing business Trak Racer for up to $50.0 million, which closed on August 3, 2026. The company also invested in Bitfocus AS to integrate professional streaming software with its hardware and launched the CORSAIR PRO portfolio in May 2026, targeting artificial intelligence development. These strategic moves, along with a shift towards higher-margin peripherals, were instrumental in achieving the record gross margin in fiscal Q2 2026.
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Stock Movement Drivers
Fundamental Drivers
The 11.4% change in CRSR stock from 5/31/2026 to 9/21/2026 was primarily driven by a 421.4% change in the company's Net Income Margin (%).| (LTM values as of) | 5312026 | 9212026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.14 | 13.52 | 11.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,457 | 1,451 | -0.4% |
| Net Income Margin (%) | 0.5% | 2.5% | 421.4% |
| P/E Multiple | 183.1 | 39.5 | -78.5% |
| Shares Outstanding (Mil) | 107 | 107 | -0.5% |
| Cumulative Contribution | 11.4% |
Market Drivers
5/31/2026 to 9/21/2026| Return | Correlation | |
|---|---|---|
| CRSR | 11.4% | |
| Market (SPY) | 2.5% | 44.8% |
| Sector (XLK) | 2.0% | 45.7% |
Fundamental Drivers
The 146.3% change in CRSR stock from 2/28/2026 to 9/21/2026 was primarily driven by a 151.6% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 9212026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.49 | 13.52 | 146.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,472 | 1,451 | -1.4% |
| P/S Multiple | 0.4 | 1.0 | 151.6% |
| Shares Outstanding (Mil) | 107 | 107 | -0.7% |
| Cumulative Contribution | 146.3% |
Market Drivers
2/28/2026 to 9/21/2026| Return | Correlation | |
|---|---|---|
| CRSR | 146.3% | |
| Market (SPY) | 13.4% | 41.3% |
| Sector (XLK) | 40.6% | 43.5% |
Fundamental Drivers
The 51.4% change in CRSR stock from 8/31/2025 to 9/21/2026 was primarily driven by a 48.9% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 9212026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.93 | 13.52 | 51.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,408 | 1,451 | 3.1% |
| P/S Multiple | 0.7 | 1.0 | 48.9% |
| Shares Outstanding (Mil) | 106 | 107 | -1.4% |
| Cumulative Contribution | 51.4% |
Market Drivers
8/31/2025 to 9/21/2026| Return | Correlation | |
|---|---|---|
| CRSR | 51.4% | |
| Market (SPY) | 21.2% | 37.5% |
| Sector (XLK) | 49.1% | 38.2% |
Fundamental Drivers
The -14.0% change in CRSR stock from 8/31/2023 to 9/21/2026 was primarily driven by a -13.6% change in the company's P/S Multiple.| (LTM values as of) | 8312023 | 9212026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.72 | 13.52 | -14.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,390 | 1,451 | 4.4% |
| P/S Multiple | 1.2 | 1.0 | -13.6% |
| Shares Outstanding (Mil) | 102 | 107 | -4.7% |
| Cumulative Contribution | -14.0% |
Market Drivers
8/31/2023 to 9/21/2026| Return | Correlation | |
|---|---|---|
| CRSR | -14.0% | |
| Market (SPY) | 78.3% | 48.7% |
| Sector (XLK) | 126.0% | 47.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CRSR Return | -42% | -35% | 4% | -53% | -10% | 125% | -63% |
| Peers Return | 48% | -40% | 50% | 14% | 102% | 155% | 686% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| CRSR Win Rate | 17% | 50% | 58% | 25% | 33% | 78% | |
| Peers Win Rate | 60% | 40% | 70% | 57% | 60% | 64% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| CRSR Max Drawdown | -55% | -52% | -39% | -60% | -57% | -31% | |
| Peers Max Drawdown | -25% | -50% | -29% | -33% | -42% | -30% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DELL, HPQ, STX, WDC, SONO. See CRSR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/21/2026 (YTD)
How Low Can It Go
| Event | CRSR | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -53.7% | -18.8% |
| % Gain to Breakeven | 116.1% | 23.1% |
| Time to Breakeven | 473 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -39.0% | -7.8% |
| % Gain to Breakeven | 63.8% | 8.5% |
| Time to Breakeven | 190 days | 18 days |
In The Past
Corsair Gaming's stock fell -53.7% during the 2025 US Tariff Shock. Such a loss loss requires a 116.1% gain to breakeven.
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| Event | CRSR | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -53.7% | -18.8% |
| % Gain to Breakeven | 116.1% | 23.1% |
| Time to Breakeven | 473 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -39.0% | -7.8% |
| % Gain to Breakeven | 63.8% | 8.5% |
| Time to Breakeven | 190 days | 18 days |
In The Past
Corsair Gaming's stock fell -53.7% during the 2025 US Tariff Shock. Such a loss loss requires a 116.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Corsair Gaming (CRSR)
Corsair Gaming (CRSR) is a global company that designs, markets, and distributes hardware and software primarily for PC gamers and content creators. The company focuses on two main product categories: gamer and creator peripherals, and gaming components and systems. This comprehensive approach allows Corsair to equip enthusiasts with a wide array of tools for an enhanced gaming and streaming experience.
The company's peripheral offerings include essential gaming gear such as keyboards, mice, headsets, and controllers. For streamers and content creators, Corsair provides specialized equipment like capture cards, stream decks, USB microphones, and studio accessories, complemented by software such as EpocCam. In the gaming components and systems segment, Corsair offers critical PC internal components, including power supply units, cooling solutions, computer cases, and DRAM modules, alongside complete prebuilt and custom-built gaming PCs. Additionally, Corsair develops PC gaming software, featuring iCUE for gamers and Elgato's streaming suite for content creators.
Corsair serves a broad international market, with its products available across the Americas, Europe, the Middle East, and Asia Pacific. Its primary customers are individual gamers, streamers, and content creators. The company reaches these customers through a diverse distribution network that includes third-party distributors, online and traditional retailers, and direct-to-consumer sales via its own website.
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1. Logitech for serious gamers and streamers.
2. Like a Razer that also builds your gaming PC and its internal parts.
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Major Products
- Gamer and Creator Peripherals: This category includes gaming keyboards, mice, headsets, controllers, capture cards, stream decks, USB microphones, studio accessories, and EpocCam software.
- Gaming Components: Core PC parts like power supply units, cooling solutions, computer cases, and DRAM modules.
- Gaming Systems: Prebuilt and custom-built gaming PCs.
- PC Gaming Software: Comprises iCUE for gamers and Elgato's streaming suite for content creators.
Major Services
- Coaching and Training: Offers specialized instruction and development services.
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Corsair Gaming (CRSR) primarily sells its products to individual end-users, reaching them both directly through its website and indirectly through a network of distributors and retailers.
The company serves two main categories of individual customers:
- Gamers: This category includes individuals who purchase Corsair's gaming keyboards, mice, headsets, controllers, power supply units, cooling solutions, computer cases, DRAM modules, and prebuilt or custom-built gaming PCs. They also utilize PC gaming software like iCUE.
- Streamers and Content Creators: This category comprises individuals involved in streaming and content creation who use Corsair's capture cards, stream decks, USB microphones, studio accessories, EpocCam software, and Elgato's streaming suite.
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Thi La
Chief Executive Officer
Thi La became the Chief Executive Officer of Corsair Gaming on July 1, 2025. She has been with Corsair for over 14 years, having previously served as President since January 2021 and Chief Operating Officer from August 2013. In her prior roles, she was Senior Vice President and General Manager of Corsair's gaming PC component unit. Before joining Corsair, Ms. La was the Vice President of Global Operations and Information Technology at Opnext, Inc., and held various positions at Hewlett Packard, including Director of Consumer Desktop PC, Display and Accessories for North America. Her leadership has been instrumental in transforming Corsair from a components-focused business into a diversified gaming and streaming brand, a period that includes the company's majority acquisition by private equity firm EagleTree Capital in 2017 and its subsequent IPO in 2020. She holds a B.S. in Electrical Engineering from San Jose State University.
Gordon Mattingly
Chief Financial Officer
Gordon Mattingly assumed the role of Chief Financial Officer for Corsair Gaming on December 2, 2025. He brings over 20 years of financial leadership experience in publicly traded consumer electronics companies, with expertise in M&A, channel expansion, and business model transformation. Prior to joining Corsair, Mr. Mattingly served as CFO for Universal Audio and Arlo Technologies. At Arlo Technologies (2018-2022), he played a central role in its spin-off from NETGEAR, its successful Initial Public Offering (IPO), and its transformation from a hardware-only business to a subscription-led model. He also held various senior finance roles at NETGEAR. Mr. Mattingly is a Chartered Accountant and a Chartered Tax Advisor, and he holds a degree in Accounting and Economics from the University of Southampton.
Roland Oberdorfer
Chief Technology Officer
Roland Oberdorfer is the Chief Technology Officer at Corsair, where he is responsible for driving technology strategy, innovation, and product development. He previously served as CTO of HP's Online Consumer business and as General Manager for Web and Ecommerce at NVIDIA. He also founded and was President of Diconium US, a VW Group Company, bringing deep expertise in e-commerce, analytics, and digital transformation.
Peter “Pete” Hilliard
Chief People and Consumer Experience Officer
Peter “Pete” Hilliard serves as Chief Human Resources Officer for Corsair, with over 25 years of C-Level HR experience across various multinational companies. He has commercially led several entrepreneurial endeavors, including taking one through an IPO. His previous roles include Chief People Officer at Quantenna, Inc. (acquired by On Semiconductor) and Chief Administrative Officer at SGI, Inc. (acquired by HPE).
Carina Tan
Senior Vice President and General Counsel
Carina Tan has served as Corsair's Vice President and General Counsel since June 2016, bringing over 20 years of legal experience. Before joining Corsair, Ms. Tan was a partner at Sheppard Mullin Richter & Hampton, where she represented technology companies in various matters including mergers and acquisitions, licensing, and intellectual property litigation. Prior to her career in law, she was a research scientist at NASA, specializing in aerodynamics and aeroelasticity.
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Key Risks to Corsair Gaming (CRSR)
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Intense Competition and Dynamic Market Landscape
Corsair Gaming operates in a highly competitive and rapidly evolving market for gaming and streaming peripherals, components, and systems. The company faces significant pressure from both established industry players and emerging brands, including those with aggressive pricing strategies, particularly from the Asia-Pacific region. This intense competition necessitates continuous innovation and strategic market penetration to maintain and grow market share.
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Supply Chain Volatility and Component Availability
Corsair's business is vulnerable to supply chain constraints and the volatile pricing and availability of key components, such as DRAM memory (e.g., DDR5) and graphics/central processing units (GPUs/CPUs). Disruptions in the supply chain or significant fluctuations in component costs can directly impact the company's ability to manufacture products, meet consumer demand, and maintain profitability. Such issues have previously led to conservative financial guidance and may result in lost sales and market share if prolonged.
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Macroeconomic Headwinds and Potential Disruption from Cloud Gaming
The demand for Corsair's products, which are largely discretionary purchases, is susceptible to broader macroeconomic challenges and shifts in consumer spending. Economic downturns can lead to reduced consumer purchasing power for gaming hardware. Furthermore, the increasing shift towards cloud gaming services poses a significant long-term threat to Corsair's core hardware business by potentially weakening the demand for local PC components and systems, risking declining revenue growth and profit margins.
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The increasing adoption of cloud gaming services represents a clear emerging threat. As these services mature and gain widespread traction, they could significantly reduce the demand for high-performance local gaming PCs and associated components such as power supply units, cooling solutions, computer cases, and DRAM modules, which constitute a substantial portion of Corsair Gaming's product offerings. Similar to how Netflix disrupted Blockbuster by offering a streaming alternative to physical media, cloud gaming offers a streaming alternative to expensive local hardware, potentially diminishing the need for consumers to build or purchase high-end gaming PCs.
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Addressable Markets for Corsair Gaming (CRSR)
Corsair Gaming, Inc. (CRSR) operates in several significant addressable markets related to gaming and streaming products. The estimated market sizes for their main products and services are as follows:
- Gaming Keyboards: The global gaming keyboards market was valued at approximately USD 2.3 billion in 2024 and is projected to grow to about USD 3.96 billion by 2030.
- Gaming Mice: The global gaming mouse market size reached USD 2.35 billion in 2024 and is expected to expand to USD 4.59 billion by 2033.
- Gaming Headsets: The global gaming headset market was valued at USD 2.53 billion in 2024 and is projected to reach USD 4.77 billion by 2033.
- Prebuilt Gaming PCs: The global prebuilt gaming PC market was valued at USD 1.24 billion in 2024 and is projected to reach USD 1.94 billion by 2032.
- Gaming PCs (including desktops and laptops, encompassing components): The global gaming PC market was estimated at USD 63.18 billion in 2024 and is projected to reach USD 177.18 billion by 2033.
- Overall PC Gaming Hardware: The global market size for PC gaming hardware is substantial, with a market value of approximately USD 44.5 billion in 2025. This category would encompass various components and peripherals offered by Corsair.
- Sim Racing: The sim racing category had an estimated total addressable market of approximately USD 1 billion in 2024.
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Share Repurchases
- On February 12, 2026, Corsair's Board of Directors authorized its first-ever stock repurchase program, allowing the company to repurchase up to $50 million of its outstanding common stock.
- This program is effective immediately, has no expiration date, and provides additional flexibility for capital deployment.
Share Issuance
- Corsair Gaming completed its Initial Public Offering (IPO) in September 2020, issuing 7.5 million shares at $17.00 per share and raising $127.5 million for the company, with total gross proceeds of $238.0 million.
- The number of outstanding shares increased from 103,306,163 as of February 2024 to 106,289,000 as of March 2026.
Inbound Investments
- Wasserstein & Co., L.P., a private equity firm, maintained a controlling interest, owning an estimated 54% of Corsair Gaming's outstanding shares as of November 2025.
- EagleTree Capital, another private equity firm, held a significant majority position of approximately 61.7% (56.9 million shares) as of June 2021, after having acquired a majority stake in 2017.
Outbound Investments
- Corsair made several strategic acquisitions, including Drop in July 2023, an online retailer of peripherals, and Fanatec in September 2024, a manufacturer of sim-racing equipment.
- Other acquisitions within the last five years include Visuals by Impulse in February 2021 and iDisplay in January 2022.
- The company's strategy involves opportunistic acquisitions to strengthen its ecosystem and expand into new categories such as SIM equipment and AI workstations.
Capital Expenditures
- Annual capital expenditures were $11 million in 2021, $26 million in 2022, $13 million in 2023, and $9.85 million in 2024.
- Capital expenditures for the last 12 months as of March 8, 2026, were $15.4 million, absorbing a large portion of operating cash flow.
- The primary focus of capital expenditures includes significant investments in product development for innovative, high-quality products and expansion into new categories such as SIM equipment and AI workstations.
Peer Outperformance in Technology Hardware, Storage & Peripherals
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| CRSR | Corsair Gaming | 1.5% | 39.5x | 57.8% | -7.3% | -50.0% | — |
| HPQ | HP | 2.8% | 12.4x | 23.0% | 39.3% | 44.2% | +94pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Electronic Manufacturing Services | 9 | 59.1% | 183.8% | 286.8% | TTMI 903% · FLEX 727% · SANM 445% |
| Semiconductor Materials & Equipment | 27 | 101.6% | 91.7% | 103.9% | AXTI 880% · AEHR 715% · LRCX 430% |
| Technology Distributors | 9 | 31.6% | 72.7% | 96.9% | CLMB 357% · AVT 193% · SNX 168% |
| Communications Equipment | 36 | 17.8% | 81.5% | 74.8% | AAOI 1457% · FEIM 1044% · LITE 1031% |
| Electronic Components | 26 | 36.2% | 71.0% | 67.9% | CLS 3541% · BELFA 1335% · COHR 427% |
| Technology Hardware, Storage & Peripherals ← | 20 | 35.9% | 96.6% | 43.2% | DELL 1166% · STX 1118% · SMCI 992% |
| Semiconductors | 55 | 27.7% | 41.7% | 41.0% | POET 1965% · MU 1347% · NVDA 941% |
| Internet Services & Infrastructure | 6 | 9.5% | 55.1% | 35.8% | DOCN 72% · GDDY 46% · VRSN 46% |
| Electronic Equipment & Instruments | 26 | -14.9% | 11.8% | -12.6% | PI 207% · OSIS 116% · KEYS 94% |
| IT Consulting & Other Services | 28 | -24.3% | -9.7% | -29.2% | CHRN 570689% · APLD 1282% · TSSI 697% |
| Application Software | 124 | -30.3% | -13.5% | -46.4% | VIDA 152400% · INLX 5065% · PLTR 567% |
| Systems Software | 69 | -16.4% | 18.2% | -53.9% | QNC 539% · ZETA 425% · PANW 369% |
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Peer Comparisons
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 240.56 |
| Mkt Cap | 93.8 |
| Rev LTM | 12,557 |
| Op Inc LTM | 4,055 |
| FCF LTM | 3,308 |
| FCF 3Y Avg | 1,433 |
| CFO LTM | 3,802 |
| CFO 3Y Avg | 1,834 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 21.1% |
| Rev Chg 3Y Avg | 11.0% |
| Rev Chg Q | 28.2% |
| QoQ Delta Rev Chg LTM | 6.4% |
| Op Inc Chg LTM | 118.3% |
| Op Inc Chg 3Y Avg | 27.4% |
| Op Mgn LTM | 10.3% |
| Op Mgn 3Y Avg | 7.4% |
| QoQ Delta Op Mgn LTM | 1.8% |
| CFO/Rev LTM | 9.0% |
| CFO/Rev 3Y Avg | 9.2% |
| FCF/Rev LTM | 7.5% |
| FCF/Rev 3Y Avg | 7.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 93.8 |
| P/S | 1.9 |
| P/Op Inc | 29.8 |
| P/EBIT | 25.7 |
| P/E | 33.4 |
| P/CFO | 22.1 |
| Total Yield | 3.2% |
| Dividend Yield | 0.2% |
| FCF Yield 3Y Avg | 5.3% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Price Behavior
| Market Price | $13.52 | |
| Market Cap ($ Bil) | 1.5 | |
| First Trading Date | 09/23/2020 | |
| Distance from 52W High | -5.8% | |
| 50 Days | 200 Days | |
| DMA Price | $11.65 | $7.92 |
| DMA Trend | up | up |
| Distance from DMA | 16.0% | 70.6% |
| 3M | 1YR | |
| Volatility | 93.2% | 91.2% |
| Downside Capture | 400.15 | 283.22 |
| Upside Capture | 521.52 | 286.09 |
| Correlation (SPY) | 48.3% | 37.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 5.70 | 3.81 | 3.01 | 2.55 | 2.61 | 2.18 |
| Up Beta | 2.05 | 2.00 | 2.62 | 1.01 | 1.63 | 1.81 |
| Down Beta | 0.94 | 0.79 | 1.53 | 3.06 | 2.67 | 2.26 |
| Up Capture | 898% | 756% | 467% | 692% | 682% | 1793% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 10 | 20 | 30 | 68 | 123 | 356 |
| Down Capture | 766% | 387% | 292% | 189% | 176% | 113% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 10 | 21 | 33 | 56 | 122 | 378 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CRSR | |
|---|---|---|---|---|
| CRSR | 55.9% | 90.8% | 0.85 | - |
| Sector ETF (XLK) | 41.9% | 26.5% | 1.29 | 38.2% |
| Equity (SPY) | 18.2% | 13.0% | 1.01 | 37.3% |
| Gold (GLD) | 18.8% | 29.3% | 0.59 | 18.5% |
| Commodities (DBC) | 47.0% | 20.6% | 1.76 | -6.0% |
| Real Estate (VNQ) | 5.7% | 13.6% | 0.15 | 14.7% |
| Bitcoin (BTCUSD) | -31.0% | 44.4% | -0.71 | 24.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CRSR | |
|---|---|---|---|---|
| CRSR | -13.6% | 62.3% | 0.00 | - |
| Sector ETF (XLK) | 20.9% | 26.0% | 0.71 | 51.3% |
| Equity (SPY) | 13.1% | 17.2% | 0.58 | 52.3% |
| Gold (GLD) | 18.9% | 18.8% | 0.81 | 13.9% |
| Commodities (DBC) | 11.0% | 19.5% | 0.44 | 8.9% |
| Real Estate (VNQ) | 1.2% | 18.8% | -0.04 | 33.4% |
| Bitcoin (BTCUSD) | 12.5% | 52.6% | 0.42 | 26.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CRSR | |
|---|---|---|---|---|
| CRSR | -0.1% | 63.2% | 0.25 | - |
| Sector ETF (XLK) | 25.1% | 25.0% | 0.91 | 47.1% |
| Equity (SPY) | 15.6% | 17.9% | 0.74 | 47.9% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 12.4% |
| Commodities (DBC) | 8.4% | 18.1% | 0.38 | 9.4% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 30.6% |
| Bitcoin (BTCUSD) | 62.7% | 66.2% | 1.03 | 24.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 9/9/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | 35.2% | 26.8% | 19.9% |
| 5/7/2026 | 11.1% | 3.8% | 22.6% |
| 2/12/2026 | 48.3% | 22.7% | 15.3% |
| 11/4/2025 | -13.2% | -13.3% | -13.2% |
| 8/7/2025 | 1.9% | 0.2% | 0.5% |
| 5/6/2025 | -0.3% | 28.1% | 31.5% |
| 2/12/2025 | 25.9% | 26.1% | 5.8% |
| 11/6/2024 | -3.8% | -3.1% | 5.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 15 | 15 |
| # Negative | 10 | 9 | 9 |
| Median Positive | 8.0% | 11.3% | 5.8% |
| Median Negative | -5.7% | -9.7% | -11.7% |
| Max Positive | 48.3% | 38.2% | 34.9% |
| Max Negative | -18.8% | -18.3% | -27.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | 35.2% | 26.8% | 19.9% |
| 5/7/2026 | 11.1% | 3.8% | 22.6% |
| 2/12/2026 | 48.3% | 22.7% | 15.3% |
| 11/4/2025 | -13.2% | -13.3% | -13.2% |
| 8/7/2025 | 1.9% | 0.2% | 0.5% |
| 5/6/2025 | -0.3% | 28.1% | 31.5% |
| 2/12/2025 | 25.9% | 26.1% | 5.8% |
| 11/6/2024 | -3.8% | -3.1% | 5.1% |
| 8/1/2024 | -18.8% | -18.3% | -11.7% |
| 5/7/2024 | -8.2% | -6.0% | -0.3% |
| 2/13/2024 | 7.2% | 4.5% | -4.0% |
| 11/7/2023 | -5.0% | 3.0% | 4.2% |
| 8/3/2023 | -9.8% | -12.0% | -12.7% |
| 5/10/2023 | 8.8% | 11.3% | 7.1% |
| 2/9/2023 | 11.8% | 20.6% | 5.6% |
| 11/3/2022 | 18.8% | 38.2% | 34.0% |
| 8/4/2022 | 5.6% | 9.0% | -9.1% |
| 5/5/2022 | 0.7% | -9.7% | 4.8% |
| 2/8/2022 | 4.3% | 5.4% | 0.6% |
| 11/2/2021 | 1.0% | 4.1% | -14.1% |
| 8/3/2021 | -6.4% | -2.3% | -0.1% |
| 5/4/2021 | -2.5% | -6.0% | 2.4% |
| 2/9/2021 | -2.8% | -12.9% | -27.9% |
| 11/10/2020 | 6.3% | 15.0% | 34.9% |
| SUMMARY STATS | |||
| # Positive | 14 | 15 | 15 |
| # Negative | 10 | 9 | 9 |
| Median Positive | 8.0% | 11.3% | 5.8% |
| Median Negative | -5.7% | -9.7% | -11.7% |
| Max Positive | 48.3% | 38.2% | 34.9% |
| Max Negative | -18.8% | -18.3% | -27.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/26/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/27/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 02/27/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/25/2026 | 10-K |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/26/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/27/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 02/27/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
| 12/31/2021 | 03/01/2022 | 10-K |
| 09/30/2021 | 11/02/2021 | 10-Q |
| 06/30/2021 | 08/03/2021 | 10-Q |
| 03/31/2021 | 05/04/2021 | 10-Q |
| 12/31/2020 | 03/11/2021 | 10-K |
| 09/30/2020 | 11/10/2020 | 10-Q |
| 06/30/2020 | 09/24/2020 | 424B4 |
Recent Forward Guidance
Updated 8/7/2026Latest: Q2 2026 Earnings Reported 8/6/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Net Revenue | Reported | 320.00 Mil | 335.00 Mil | 350.00 Mil | 8.9% | Higher New | Guidance: 307.50 Mil for Q2 2026 | |
| Q3 2026 Adjusted EBITDA | Reported | 18.00 Mil | 19.50 Mil | 21.00 Mil | 39.3% | Higher New | Guidance: 14.00 Mil for Q2 2026 | |
| Q3 2026 Non-GAAP EPS | Reported | 0.09 | 0.1 | 0.12 | 75.0% | 4.5% | Higher New | Guidance: 0.06 for Q2 2026 |
| 2026 Net Revenue | Reported | 1.40 Bil | 1.44 Bil | 1.47 Bil | ||||
| 2026 Adjusted EBITDA | Reported | 121.00 Mil | 126.00 Mil | 131.00 Mil | ||||
| 2026 Non-GAAP EPS | Reported | 0.85 | 0.9 | 0.94 | ||||
Prior: Q1 2026 Earnings Reported 5/7/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | Reported | 295.00 Mil | 307.50 Mil | 320.00 Mil | -12.1% | Lower New | Guidance: 350.00 Mil for Q1 2026 | |
| Q2 2026 Adjusted EBITDA | Reported | 12.50 Mil | 14.00 Mil | 15.50 Mil | -49.1% | Lower New | Guidance: 27.50 Mil for Q1 2026 | |
| Q2 2026 Non-GAAP EPS | Reported | 0.05 | 0.06 | 0.07 | -70.0% | Lower New | Guidance: 0.2 for Q1 2026 | |
Q4 2025 Earnings Reported 2/12/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | Reported | 335.00 Mil | 350.00 Mil | 365.00 Mil | ||||
| Q1 2026 Adjusted EBITDA | Reported | 25.00 Mil | 27.50 Mil | 30.00 Mil | ||||
| Q1 2026 Non-GAAP EPS | Reported | 0.18 | 0.2 | 0.22 | ||||
| 2026 Revenue | Reported | 1.33 Bil | 1.40 Bil | 1.47 Bil | -3.4% | Lower New | Actual: 1.45 Bil for 2025 | |
| 2026 Adjusted EBITDA | Reported | 100.00 Mil | 107.50 Mil | 115.00 Mil | 22.9% | Higher New | Actual: 87.50 Mil for 2025 | |
| 2026 Non-GAAP EPS | Reported | 0.58 | 0.66 | 0.74 | ||||
Q3 2025 Earnings Reported 11/4/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Net Revenue | Reported | 1.43 Bil | 1.45 Bil | 1.48 Bil | -3.3% | Lowered | Guidance: 1.50 Bil for 2025 | |
| 2025 Adjusted Operating Income | Reported | 76.00 Mil | 78.50 Mil | 81.00 Mil | ||||
| 2025 Adjusted EBITDA | Reported | 85.00 Mil | 87.50 Mil | 90.00 Mil | ||||
Insider Activity
Updated 8/18/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Kim, Sarah Mears | Direct | Sell | 8142026 | 13.69 | 8,874 | 121,487 | 307,455 | Form | |
| 2 | La, Thi L | Chief Executive Officer | Direct | Buy | 11262025 | 6.10 | 50,000 | 305,000 | 2,932,429 | Form |
| 3 | Kim, Sarah Mears | Direct | Sell | 11102025 | 6.42 | 5,263 | 33,788 | 136,823 | Form | |
| 4 | Szteinbaum, Samuel R | Direct | Buy | 11102025 | 6.59 | 100,000 | 658,770 | 2,768,593 | Form | |
| 5 | Kim, Sarah Mears | Direct | Sell | 8142025 | 9.20 | 7,286 | 67,056 | 244,580 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Kim, Sarah Mears | Direct | Sell | 8142026 | 13.69 | 8,874 | 121,487 | 307,455 | Form | |
| 2 | La, Thi L | Chief Executive Officer | Direct | Buy | 11262025 | 6.10 | 50,000 | 305,000 | 2,932,429 | Form |
| 3 | Kim, Sarah Mears | Direct | Sell | 11102025 | 6.42 | 5,263 | 33,788 | 136,823 | Form | |
| 4 | Szteinbaum, Samuel R | Direct | Buy | 11102025 | 6.59 | 100,000 | 658,770 | 2,768,593 | Form | |
| 5 | Kim, Sarah Mears | Direct | Sell | 8142025 | 9.20 | 7,286 | 67,056 | 244,580 | Form | |
| 6 | Potter, Michael G | Chief Financial Officer | Direct | Sell | 8122025 | 10.08 | 1,123 | 11,320 | 1,237,985 | Form |
Corsair Gaming — Investor Video Playlist
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Technology Hardware, Storage & Peripherals Resources |
| The Verge |
| TechRadar |
| Tom’s Hardware |
| PCMag |
| CNET |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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