Financial Snapshot

Revenue
$1.320B
TTM
Gross Margin
24.34%
TTM
Net Earnings
-$81.24M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
158.27%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$612.9M
Q3 2024
Cash
Q3 2024
P/E
-9.988
Nov 29, 2024 EST
Free Cash Flow
$26.96M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $1.460B $1.375B $1.904B $1.702B $1.097B $937.6M
YoY Change 6.17% -27.78% 11.85% 55.16% 17.03%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $1.460B $1.375B $1.904B $1.702B $1.097B $937.6M
Cost Of Revenue $1.100B $1.078B $1.390B $1.237B $872.9M $744.9M
Gross Profit $360.3M $296.6M $513.9M $465.4M $224.3M $192.7M
Gross Profit Margin 24.68% 21.57% 26.99% 27.34% 20.44% 20.55%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $285.3M $284.9M $291.1M $257.0M $163.0M $138.9M
YoY Change 0.13% -2.11% 13.25% 57.64% 17.36%
% of Gross Profit 79.2% 96.06% 56.64% 55.22% 72.69% 72.09%
Research & Development $65.26M $66.49M $54.97M $50.06M $37.55M $31.99M
YoY Change -1.85% 20.97% 9.79% 33.34% 17.37%
% of Gross Profit 18.11% 22.42% 10.7% 10.76% 16.74% 16.6%
Depreciation & Amortization $50.70M $10.73M $45.09M $9.318M $7.384M $5.670M
YoY Change 372.58% -76.21% 383.95% 26.19% 30.23%
% of Gross Profit 14.07% 3.62% 8.78% 2.0% 3.29% 2.94%
Operating Expenses $350.6M $351.4M $376.0M $307.1M $200.6M $170.9M
YoY Change -0.24% -6.53% 22.44% 53.09% 17.36%
Operating Profit $9.689M -$54.79M $137.9M $158.4M $23.71M $21.79M
YoY Change -117.68% -139.74% -12.92% 567.99% 8.8%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$10.58M -$9.186M -$12.77M -$35.10M -$35.50M -$32.70M
YoY Change 15.19% -28.06% -63.62% -1.13% 8.56%
% of Operating Profit -109.21% -9.26% -22.16% -149.74% -150.07%
Other Income/Expense, Net -$2.587M $213.0K -$5.661M -$1.200M -$1.600M $200.0K
YoY Change -1314.55% -103.76% 371.75% -25.0% -900.0%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$3.479M -$63.77M $114.6M $122.0M -$13.40M -$15.89M
YoY Change -94.54% -155.66% -6.13% -1010.83% -15.66%
Income Tax -$2.442M -$9.820M $13.60M $18.83M -$5.005M $3.013M
% Of Pretax Income 11.87% 15.43%
Net Earnings $3.187M -$54.39M $101.0M $103.2M -$8.394M -$13.72M
YoY Change -105.86% -153.87% -2.19% -1329.65% -38.82%
Net Earnings / Revenue 0.22% -3.96% 5.3% 6.06% -0.77% -1.46%
Basic Earnings Per Share $0.03 -$0.63 $1.08 $1.20 $0.11 $0.18
Diluted Earnings Per Share $0.03 -$0.63 $1.01 $1.14 $0.11 $0.18

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $178.3M $151.2M $62.42M $129.5M $48.20M $25.60M
YoY Change 17.96% 142.22% -51.8% 168.67% 88.28%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $39.82M $43.24M $53.76M $41.80M $28.30M $19.60M
YoY Change -7.9% -19.57% 28.61% 47.7% 44.39%
Inventory $240.2M $192.7M $298.3M $226.0M $151.1M $149.0M
Prepaid Expenses
Receivables $253.3M $235.7M $291.3M $293.6M $202.3M $122.0M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $711.6M $622.8M $705.8M $691.0M $429.8M $316.3M
YoY Change 14.26% -11.76% 2.14% 60.77% 35.88%
Property, Plant & Equipment $32.21M $80.10M $68.21M $16.50M $15.40M $12.50M
YoY Change -59.79% 17.44% 313.37% 7.14% 23.2%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $70.95M $30.35M $20.65M $34.60M $10.80M $7.700M
YoY Change 133.78% 46.95% -40.31% 220.37% 40.26%
Total Long-Term Assets $645.9M $674.5M $631.6M $623.1M $629.9M $494.7M
YoY Change -4.24% 6.78% 1.37% -1.08% 27.33%
Total Assets $1.357B $1.297B $1.337B $1.314B $1.060B $811.0M
YoY Change
Accounts Payable $240.0M $172.0M $236.1M $299.6M $182.0M $154.8M
YoY Change 39.48% -27.14% -21.19% 64.62% 17.57%
Accrued Expenses $119.2M $119.9M $152.2M $121.2M
YoY Change -0.53% -21.23% 25.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $27.00M
YoY Change -100.0%
Long-Term Debt Due $12.19M $6.495M $4.753M $0.00 $2.400M $1.600M
YoY Change 87.68% 36.65% -100.0% 50.0%
Total Short-Term Liabilities $418.5M $343.0M $446.7M $505.4M $299.9M $219.1M
YoY Change 22.01% -23.22% -11.61% 68.52% 36.88%
Long-Term Debt $186.0M $232.2M $242.9M $321.4M $503.4M $394.1M
YoY Change -19.88% -4.42% -24.43% -36.15% 27.73%
Other Long-Term Liabilities $41.60M $48.59M $53.87M $20.20M $5.700M $400.0K
YoY Change -14.39% -9.8% 166.69% 254.39% 1325.0%
Total Long-Term Liabilities $227.6M $280.8M $296.8M $341.6M $509.1M $394.5M
YoY Change -18.93% -5.39% -13.12% -32.9% 29.05%
Total Liabilities $689.9M $673.4M $769.2M $876.7M $842.9M $648.3M
YoY Change 2.45% -12.46% -12.26% 4.01% 30.02%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 102.5M 96.28M 93.26M 86.26M 76.22M 75.46M
Diluted Shares Outstanding 106.3M 96.28M 100.0M 90.58M 76.22M 75.46M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $811.43 Million

About Corsair Gaming, Inc.

Corsair Gaming, Inc. designs and supplies hardware components for personal computers. The company is headquartered in Milpitas, California and currently employs 2,387 full-time employees. The company went IPO on 2020-09-23. The Company’s personal computer (PC) components products offer its customers multiple options to build their customized gaming and workstation desktop PCs. The firm operates through two segments: Gamer and creator peripherals, and Gaming components and systems. The Gamer and creator peripherals segment include its high-performance gaming keyboards, mice, headsets, controllers, and streaming products, which includes capture cards, stream Decks, microphones, and audio interfaces, facecam streaming cameras, studio accessories and gaming furniture, among others. The Gaming components and systems segment Includes its high-performance power supply units (PSUs), cooling solutions, computer cases, and DRAM modules, as well as high-end prebuilt and custom-built gaming PCs and laptops, and gaming monitors, among others.

Industry: Computer Peripheral Equipment, NEC Peers: Apple Inc. 3D SYSTEMS CORP AVID TECHNOLOGY, INC. IonQ, Inc. NetApp, Inc. STRATASYS LTD. Pure Storage, Inc. Super Micro Computer, Inc. WESTERN DIGITAL CORP Xerox Holdings Corp