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Corsair Gaming (CRSR)
NASDAQ:CRSR
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.03Last Year’s EPS
-0.07Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 31.54%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue growth, successful integration of Fanatec, and advancements in AI-driven innovations, contributing to an optimistic outlook. However, ongoing net losses and uncertainty due to tariffs present challenges that the company is navigating.Company Guidance
During Corsair Gaming's First Quarter 2025 earnings call, the company reported $369.8 million in net revenue, reflecting a 10% year-over-year growth from Q1 2024. The Gamer and Creator Peripheral segment generated $112 million, while the Gaming Components and Systems segment brought in $257.8 million. Corsair achieved a gross profit of $102.4 million, with a gross margin of 27.7%, an improvement from 25.7% the previous year. Adjusted EBITDA for the quarter was $22.6 million, up from $18 million in Q1 2024. The company also noted a GAAP operating loss of $2.3 million and an adjusted net income of $12.3 million. They highlighted the successful integration of Fanatec, contributing to growth in the peripherals segment, and discussed strategies to mitigate tariff impacts, with only 19% of U.S. market products sourced from China. Corsair's liquidity remains strong, with a cash balance of $102.5 million and $149 million in debt, down by $25 million from the previous quarter.Revenue Growth
Corsair reported $370 million in revenue for Q1 2025, representing approximately 10% growth over Q1 2024.
Successful Integration of Fanatec
Fanatec Sim Racing operation was successfully integrated, aligning across website, e-commerce systems, ERP, supply chain, and customer support infrastructure, contributing to growth in the Gamer and Creator Peripheral segment.
AI-Driven Innovations
Corsair introduced AI-enhanced tools like the AI Prompter and integrated AI into wavelength with AI Acoustic, enhancing customer relationships and reducing support costs.
Improved Financial Metrics
Gross margin improved to 27.7% from 25.7% in Q1 2024. Adjusted EBITDA increased to $22.6 million from $18 million in Q1 2024.
Debt Reduction
Corsair reduced debt to $149 million, down $25 million from the prior quarter, enhancing financial flexibility and resilience.
CRSR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CRSR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $6.88 | $6.86 | -0.29% |
Feb 12, 2025 | $9.94 | $12.51 | +25.86% |
Nov 06, 2024 | $7.12 | $6.85 | -3.79% |
Aug 01, 2024 | $7.89 | $6.41 | -18.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Corsair Gaming (CRSR) report earnings?
Corsair Gaming (CRSR) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Corsair Gaming (CRSR) earnings time?
Corsair Gaming (CRSR) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CRSR EPS forecast?
CRSR EPS forecast for the fiscal quarter 2025 (Q2) is 0.03.
