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Corsair Gaming, Inc.

CRSR

$14.38 ▲ +1.74 (+13.82%) at close

9 Visible periods

32 Metrics

Peer-ranked Benchmarks

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Weak

Neutral

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Analytical Summary

Corsair Gaming, Inc. shows mixed fundamentals. Consider comparing against peers in the Technology sector before making investment decisions.

Market Cap $1.5B

Dividend Yield —

Revenue Growth 11.9% ↗

Op. Margin 0.1% ↗

ROIC 0.3% ↗

FCF / Share $0.33 ↗

Trailing P/E —

Price / Book 2.4x

FCF Yield 2.3%

Debt / Equity 0.19

info Valuation on last close. End-of-day price, Aug 7, 2026.

9-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$1.47B

↑ +11.9% —

Net Income Profit after all expenses

$-16.16M

↑ +81.0% —

Operating Margin Operating profit as % of sales

0.1%

↑ +103.7% 28th

FCF / Share Free cash flow per share

$0.33

↑ +31.2% —

Long-Term Debt Long-term obligations

$121.34M

↓ -30.1% —

Health Breakdown

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Revenue Growth YoY (%)	11.9% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	-9.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-182%)	6.2% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-49%)	-27.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-332%)	11.8% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	55.2% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+360%)	17.0% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+42%)	—	—
EPS Growth YoY (%)	87.4% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	N/M	-10.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	990.9% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-38.9% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	81.0% Excellent ↑ Excellent Improving Year-over-year change in net income	-3188.8% Weak ↓ Weak Declining Year-over-year change in net income	95.2% Excellent Excellent Year-over-year change in net income	N/M	-2.2% Weak Weak Year-over-year change in net income	N/M	38.8% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	31.2% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	-66.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	79.1% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	321.1% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-94.7% Weak Weak Year-over-year change in free cash flow	400.3% Excellent Excellent Year-over-year change in free cash flow	N/M	—	—
Revenue CAGR 3Y (%)	2.3% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	-11.6% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-5.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	7.8% Fair Fair Compound annual revenue growth over 3 years	26.6% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	-2.9% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	3.7% Caution Caution Compound annual revenue growth over 5 years	9.3% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	-70.8% Weak Weak Compound annual EPS growth over 3 years	—	81.7% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Operating Margin (%) (%)	0.1% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-99%)	-3.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-119%)	0.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-97%)	-4.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-120%)	7.2% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-64%)	9.3% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-53%)	2.2% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-89%)	2.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-88%)	—
Effective Tax Rate (%) (%)	-23.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-35.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	70.2% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.4% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	11.9% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.4% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—
Profit Margin (%) (%)	-1.1% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-107%)	-6.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-143%)	-0.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-101%)	-4.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-126%)	5.3% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-65%)	6.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-60%)	-0.8% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-105%)	-1.5% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-110%)	—
FCF Margin (%) (%)	2.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	2.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	5.2% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	0.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	9.4% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-0.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	-2.15x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.31x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-29.49x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.74x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.09x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	1.55x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-3.37x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.58x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Return on Invested Capital (%)	0.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-8.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	0.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-5.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	14.9% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	17.7% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	2.6% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	10.6% Good Good Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	0.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-4.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	0.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-4.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	10.3% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	12.1% Good Good Operating profit relative to total assets Optimal: > 10%	2.2% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-2.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-114%)	-14.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-176%)	-0.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-102%)	-8.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-147%)	17.8% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	23.6% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+28%)	-3.9% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-121%)	-8.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-146%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Debt to Equity (x)	0.19x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-57%)	0.29x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-36%)	0.30x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-34%)	0.38x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-15%)	0.44x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	0.73x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+63%)	2.32x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+416%)	—	—
Interest Coverage (x)	0.22x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-3.78x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	0.56x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-5.73x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	7.80x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	4.51x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	0.67x Weak Weak Operating income divided by interest expense Optimal: > 5x	0.67x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$121.34M	$173.54M	$198.20M	$238.66M	$247.65M	$321.39M	$503.45M	—	—
Debt / EBITDA (x)	7.57x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-4.75x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	9.05x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-5.42x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.67x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.92x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	16.19x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Revenue per Share (USD)	$13.89	$12.64	$14.25	$14.28	$20.42	$19.74	$14.39	$12.42	—
Basic EPS, GAAP (USD)	$-0.12	$-0.95	$0.03	$-0.63	$1.08	$1.20	$0.11	$0.18	—
Free Cash Flow per Share (USD)	$0.33	$0.25	$0.75	$0.42	$0.10	$1.85	$0.37	$-0.10	—
Book Value per Share (USD)	$5.94	$5.77	$6.47	$6.15	$6.01	$4.76	$2.58	$2.16	—
Tangible Book Value per Share (USD)	$1.41	$0.82	$1.21	$0.59	$0.27	$-1.47	$-4.60	$-0.85	—
Basic Weighted Avg Shares (shares)	106.00M	104.16M	102.48M	96.28M	93.26M	86.26M	76.22M	75.46M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Working Capital (USD)	$234.52M	$227.07M	$293.10M	$279.80M	$259.03M	$185.59M	$129.88M	—	—
LT Debt (USD)	$121.34M	$173.54M	$198.20M	$238.66M	$247.65M	$321.39M	$503.45M	—	—
Total Equity (USD)	$633.56M	$604.30M	$667.58M	$623.84M	$568.18M	$437.39M	$216.78M	$162.70M	$254.66M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Sales/Revenue/Turnover (USD)	$1.47B	$1.32B	$1.46B	$1.38B	$1.90B	$1.70B	$1.10B	$937.55M	—
Depreciation Expense (USD)	$13.96M	$13.45M	$12.21M	$10.73M	$10.30M	$9.32M	$7.38M	$5.67M	—
Net Income, GAAP (USD)	$-16.16M	$-85.18M	$-2.59M	$-54.39M	$100.96M	$103.22M	$-8.39M	$-13.72M	—
Operating Cash Flow (USD)	$50.12M	$35.88M	$89.15M	$66.39M	$20.19M	$168.95M	$37.10M	$422.00K	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 9 years · 30 quarters

Corsair Gaming, Inc.

Analytical Summary

9-Year Financial Trajectory

Health Breakdown

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