Corsair Gaming (NASDAQ:CRSR) Releases Quarterly Earnings Results, Beats Expectations By $0.17 EPS

Corsair Gaming (NASDAQ:CRSR) posted its quarterly earnings data on Thursday. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.17, FiscalAI reports. Corsair Gaming had a positive return on equity of 3.37% and a negative net margin of 2.46%.The company had revenue of $436.86 million during the quarter, compared to analysts’ expectations of $422.66 million. During the same period in the prior year, the business earned $0.23 earnings per share. Corsair Gaming’s revenue for the quarter was up 5.6% compared to the same quarter last year.

Here are the key takeaways from Corsair Gaming’s conference call:

• Strong full‑year 2025 financials with revenue of about $1.47 billion (+12%), gross profit up ~30% (~$426M), and Adjusted EBITDA of ~ $101M (up >80%), delivering the company’s highest full‑year gross margin as a public company.
• Management strengthened the balance sheet—reducing debt by over $50M—and authorized a $50M share repurchase, signaling confidence in capital allocation and potential support for EPS.
• Product and platform momentum: CES launches (notably Stream Deck and the Galleon 100 SD keyboard), Fanatec integration, the new immersive retail store, and DTC growth to ~20% of revenue point to stronger ecosystem and recurring‑revenue opportunities (Elgato marketplace buildout underway).
• 2026 guidance is cautious—full‑year revenue range of $1.33B–$1.47B (midpoint implying ~5% Y/Y decline) despite expected growth in EBITDA, which could pressure top‑line expectations if components weakness persists.
• Ongoing global semiconductor shortages remain a key headwind; Corsair is managing via strategic memory inventory investments, but the company expects constrained supply visibility to influence the components and systems segment through 2026.

Corsair Gaming Price Performance

NASDAQ CRSR traded down $0.38 during trading on Thursday, reaching $4.58. 7,647,850 shares of the company traded hands, compared to its average volume of 1,320,178. Corsair Gaming has a 1-year low of $4.48 and a 1-year high of $13.02. The company has a market cap of $488.11 million, a price-to-earnings ratio of -13.47 and a beta of 1.55. The stock’s 50 day moving average price is $5.79 and its two-hundred day moving average price is $7.24. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.72 and a current ratio of 1.48.

Analyst Upgrades and Downgrades

Several analysts have issued reports on CRSR shares. Macquarie Infrastructure decreased their price target on shares of Corsair Gaming from $12.00 to $10.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. Barclays reduced their target price on shares of Corsair Gaming from $12.00 to $9.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Wall Street Zen upgraded Corsair Gaming from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. B. Riley Financial reaffirmed a “neutral” rating on shares of Corsair Gaming in a report on Friday, February 6th. Finally, Wedbush decreased their price objective on Corsair Gaming from $9.00 to $7.00 and set an “outperform” rating on the stock in a report on Friday, February 6th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $8.79.

Insider Activity at Corsair Gaming

In related news, CEO Thi L. La purchased 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were acquired at an average price of $6.10 per share, with a total value of $305,000.00. Following the purchase, the chief executive officer directly owned 480,726 shares in the company, valued at $2,932,428.60. This represents a 11.61% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 58.38% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC grew its holdings in shares of Corsair Gaming by 245.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,178 shares of the company’s stock worth $49,000 after purchasing an additional 3,681 shares during the last quarter. BNP Paribas Financial Markets boosted its position in Corsair Gaming by 24.7% in the second quarter. BNP Paribas Financial Markets now owns 7,819 shares of the company’s stock valued at $74,000 after buying an additional 1,551 shares in the last quarter. Lazard Asset Management LLC bought a new stake in Corsair Gaming during the second quarter worth about $97,000. Caxton Associates LLP acquired a new stake in shares of Corsair Gaming during the second quarter worth approximately $133,000. Finally, Quantbot Technologies LP bought a new position in shares of Corsair Gaming in the third quarter valued at approximately $138,000. 25.66% of the stock is owned by institutional investors.

About Corsair Gaming

Corsair Gaming, Inc, headquartered in Fremont, California, is a leading manufacturer of high-performance gaming peripherals and PC components. Since its founding in 1994 by Andy Paul, Don Lieberman and John Beekley as Corsair Microsystems, the company has evolved from producing memory modules to a broad portfolio of gaming hardware. Its product range includes gaming keyboards, mice, headsets, PC chassis, power supplies, cooling solutions, memory modules, solid-state drives and streaming accessories under brands such as Corsair, Elgato and SCUF Gaming.

The company’s solutions cater to PC enthusiasts, competitive gamers and content creators, offering hardware and integrated software designed to optimize performance and user experience.