InsiderClue
Stocks · Technology · Computer Peripheral Equipment, NEC

Corsair Gaming, Inc.

CRSR Clue Score48
United States Fiscal year ends December CIK 0001743759
$13.63 +4.13% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $13.63 −46.92% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 23 Sep 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue937.6Operating income21.8Net income−13.7EPS, diluted0.18Fiscal year 2019Revenue1,097.2 +17.0%Operating income23.7Net income−8.4EPS, diluted0.11 −38.9%Fiscal year 2020Revenue1,702.4 +55.2%Operating income158.4Net income103.2EPS, diluted1.14 +936.4%Fiscal year 2021Revenue1,904.1 +11.8%Operating income137.9Net income101.0 −2.2%EPS, diluted1.01 −11.4%Fiscal year 2022Revenue1,375.1 −27.8%Operating income−54.8Net income−54.4 −153.9%EPS, diluted−0.63 −162.4%Fiscal year 2023Revenue1,459.9 +6.2%Operating income9.7Net income−2.6EPS, diluted0.03Fiscal year 2024Revenue1,316.4 −9.8%Operating income−50.0Net income−85.2EPS, diluted−0.95 −3,266.7%Fiscal year 2025Revenue1,472.5 +11.9%Operating income2.1Net income−16.2EPS, diluted−0.12
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 937.6 1,097.2 1,702.4 1,904.1 1,375.1 1,459.9 1,316.4 1,472.5
Growth +17.0% +55.2% +11.8% −27.8% +6.2% −9.8% +11.9%
Operating income 21.8 23.7 158.4 137.9 −54.8 9.7 −50.0 2.1
Net income −13.7 −8.4 103.2 101.0 −54.4 −2.6 −85.2 −16.2
Growth −2.2% −153.9%
EPS, diluted 0.18 0.11 1.14 1.01 −0.63 0.03 −0.95 −0.12
Growth −38.9% +936.4% −11.4% −162.4% −3,266.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin20.6%Operating margin2.3%Net margin−1.5%Free cash flow margin−0.8%Fiscal year 2019Gross margin20.4%Operating margin2.2%Net margin−0.8%Free cash flow margin2.6%Fiscal year 2020Gross margin27.3%Operating margin9.3%Net margin6.1%Free cash flow margin9.4%Fiscal year 2021Gross margin27.0%Operating margin7.2%Net margin5.3%Free cash flow margin0.5%Fiscal year 2022Gross margin21.6%Operating margin−4.0%Net margin−4.0%Free cash flow margin2.9%Fiscal year 2023Gross margin24.7%Operating margin0.7%Net margin−0.2%Free cash flow margin5.2%Fiscal year 2024Gross margin24.9%Operating margin−3.8%Net margin−6.5%Free cash flow margin2.0%Fiscal year 2025Gross margin28.9%Operating margin0.1%Net margin−1.1%Free cash flow margin2.4%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 20.6% 20.4% 27.3% 27.0% 21.6% 24.7% 24.9% 28.9%
Operating margin 2.3% 2.2% 9.3% 7.2% −4.0% 0.7% −3.8% 0.1%
Net margin −1.5% −0.8% 6.1% 5.3% −4.0% −0.2% −6.5% −1.1%
Free cash flow margin −0.8% 2.6% 9.4% 0.5% 2.9% 5.2% 2.0% 2.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow0.4Capital expenditure−8.3Free cash flow−7.9Dividends paid−85.0Fiscal year 2019Operating cash flow37.1Capital expenditure−8.8Free cash flow28.3Buybacks−1.5Fiscal year 2020Operating cash flow169.0Capital expenditure−9.0Free cash flow160.0 +466.1%Fiscal year 2021Operating cash flow20.2Capital expenditure−11.0Free cash flow9.2 −94.2%Fiscal year 2022Operating cash flow66.4Capital expenditure−26.3Free cash flow40.1 +334.7%Fiscal year 2023Operating cash flow89.2Capital expenditure−12.8Free cash flow76.4 +90.6%Fiscal year 2024Operating cash flow35.9Capital expenditure−9.8Free cash flow26.0 −65.9%Fiscal year 2025Operating cash flow50.1Capital expenditure−15.4Free cash flow34.7 +33.5%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.4 37.1 169.0 20.2 66.4 89.2 35.9 50.1
Capital expenditure −8.3 −8.8 −9.0 −11.0 −26.3 −12.8 −9.8 −15.4
Free cash flow −7.9 28.3 160.0 9.2 40.1 76.4 26.0 34.7
Growth +466.1% −94.2% +334.7% +90.6% −65.9% +33.5%
Buybacks n/a −1.5 n/a n/a n/a n/a n/a n/a
Dividends paid −85.0 n/a n/a n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash27.9Shareholders’ equity162.7Fiscal year 2019Cash51.9Total debt503.4Net cash (debt)−451.5Shareholders’ equity216.8Debt to equity2.32Fiscal year 2020Cash133.6Total debt321.4Net cash (debt)−187.8Shareholders’ equity437.4Debt to equity0.73Fiscal year 2021Cash65.4Total debt247.7Net cash (debt)−182.3Shareholders’ equity568.2Debt to equity0.44Fiscal year 2022Cash154.1Total debt238.7Net cash (debt)−84.6Shareholders’ equity623.8Debt to equity0.38Fiscal year 2023Cash178.6Total debt198.2Net cash (debt)−19.6Shareholders’ equity667.6Debt to equity0.30Fiscal year 2024Cash109.6Total debt173.5Net cash (debt)−63.9Shareholders’ equity604.3Debt to equity0.29Fiscal year 2025Cash98.8Total debt121.3Net cash (debt)−22.5Shareholders’ equity633.6Debt to equity0.19
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 27.9 51.9 133.6 65.4 154.1 178.6 109.6 98.8
Total debt n/a 503.4 321.4 247.7 238.7 198.2 173.5 121.3
Net cash (debt) n/a −451.5 −187.8 −182.3 −84.6 −19.6 −63.9 −22.5
Shareholders’ equity 162.7 216.8 437.4 568.2 623.8 667.6 604.3 633.6
Debt to equity n/a 2.32 0.73 0.44 0.38 0.30 0.29 0.19

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
20.6% 20.4% 27.3% 27.0% 21.6% 24.7% 24.9% 28.9%
2.3% 2.2% 9.3% 7.2% −4.0% 0.7% −3.8% 0.1%
−1.1% −1.2% 7.2% 6.0% −4.6% −0.2% −4.7% −0.8%
−1.5% −0.8% 6.1% 5.3% −4.0% −0.2% −6.5% −1.1%
−0.8% 2.6% 9.4% 0.5% 2.9% 5.2% 2.0% 2.4%
Spending
3.4% 3.4% 2.9% 3.2% 4.8% 4.5% 5.1% 4.7%
14.8% 14.9% 15.1% 16.6% 20.7% 19.5% 23.6% 24.1%
0.9% 0.8% 0.5% 0.6% 1.9% 0.9% 0.7% 1.0%
n/a n/a 15.4% 11.9% n/a n/a n/a n/a
Returns
−8.4% −3.9% 23.6% 17.8% −8.7% −0.4% −14.1% −2.6%
n/a −0.8% 7.9% 7.5% −4.2% −0.2% −6.9% −1.3%
Balance and payout
n/a 2.32 0.73 0.44 0.38 0.30 0.29 0.19
n/a 79.5% 66.7% 57.5% 49.5% 48.9% 49.9% 48.5%
n/a 5.4% n/a n/a n/a n/a n/a n/a