← Corsair Gaming, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net Income — — — — — ($54.4m) ($2.6m) ($85.2m) ($16.2m)
Net Income From Continuing Operations — — — — — ($53.9m) ($1.0m) ($83.4m) ($15.0m)
Depreciation — $5.7m $7.4m $9.3m $10.3m $10.7m $12.2m $13.4m $14.0m
Amortization — — — $33.9m $34.8m $42.8m $38.5m $38.4m $40.2m
Debt issuance costs amortization — $3.4m $3.0m $2.5m $1.5m $398k $679k — —
Amortization Cash Flow — — — — — $42.8m $38.5m $38.4m $40.2m
Amortization Of Intangibles — — — — — $42.8m $38.5m $38.4m $40.2m
Depreciation Amortization Depletion — — — — — $53.5m $50.7m $51.9m $54.2m
Deferred income taxes, net of valuation allowance — ($3.0m) ($11.5m) ($7.5m) ($12.0m) ($21.7m) ($6.3m) $11.4m ($6.5m)
Deferred Income Tax — — — — — ($21.7m) ($6.3m) $11.4m ($6.5m)
Deferred Tax — — — — — ($21.7m) ($6.3m) $11.4m ($6.5m)
Loss on debt extinguishment — — — $4.1m $4.9m — — — —
Net loss — ($13.7m) ($8.4m) $103.2m $101.0m ($53.9m) ($1.0m) ($83.4m) ($15.0m)
Stock-based compensation — $2.8m $3.8m $5.8m $17.2m $22.2m $30.9m $30.6m $33.1m
Bargain purchase gain on business acquisition — — — — — — — ($2.6m) $2.6m
Other — ($36k) ($347k) $2.6m $3.3m $4.5m $3.6m $5.7m $4.4m
Accounts receivable — ($7.3m) ($48.0m) ($91.5m) $444k $55.8m ($17.7m) $32.3m ($17.7m)
Inventories — ($29.8m) $15.7m ($80.1m) ($71.3m) $111.3m ($39.5m) $18.3m ($51.7m)
Prepaid expenses and other assets — ($10.9m) ($1.6m) ($8.0m) ($13.2m) $1.3m $1.9m $5.9m $9.0m
Accounts payable — $25.8m $16.2m $116.5m ($63.7m) ($65.9m) $62.1m ($39.5m) $5.5m
Other liabilities and accrued expenses — ($3.4m) $30.8m $77.9m $7.0m ($41.0m) $3.8m $5.3m $32.2m
Purchase of property and equipment — ($8.3m) ($8.8m) ($9.0m) ($11.0m) ($26.3m) ($12.8m) ($9.8m) ($15.4m)
Purchase of intangible asset — — ($175k) — — — — ($100k) —
Payment of deferred and contingent consideration — — ($10.3m) — ($4.7m) ($185k) ($950k) ($4.9m) —
Purchase price adjustment related to business acquisition — — — — — — — $1.0m —
Payment of bridge loan origination costs related to business acquisition — — — — — — — ($666k) —
Borrowings from line of credit — — — — $63.5m $701.5m — $25.0m $45.0m
Repayment of line of credit — — ($27.0m) — ($63.5m) ($701.5m) — ($25.0m) ($45.0m)
Purchase of additional ownership interest — — — — — — — ($19.8m) —
Proceeds from public offering, net of underwriting discounts and commissions — — — $118.6m $0 $81.7m — — —
Payment of other offering costs — ($3.3m) ($245k) ($8.5m) — ($296k) ($497k) — —
Proceeds from issuance of shares through employee equity incentive plans — — $124k $1.3m $14.9m $7.0m $7.4m $5.4m $5.6m
Payment of taxes related to net share settlement of equity awards — — — — ($397k) ($1.5m) ($1.4m) ($573k) ($1.2m)
Payment of contingent consideration — — — — — ($438k) ($950k) — —
Equipment purchased and unpaid at period end — $2.7m $927k $1.8m $2.1m $5.0m $1.4m $2.5m $2.5m
Purchase consideration related to business combination — — — — — — — $592k —
Receivable for business acquisition purchase price adjustment — — — — — — $1.0m — —
Measurement period adjustments relating to business acquisitions — — — $1.5m $50k — — — —
Beginning Cash Position — — — — — $65.4m $154.1m $178.6m $109.6m
Cash Flow From Continuing Financing Activities — — — — — $72.6m ($37.4m) ($50.7m) ($48.9m)
Cash Flow From Continuing Investing Activities — — — — — ($47.0m) ($27.0m) ($52.7m) ($15.4m)
Change In Account Payable — — — — — ($65.9m) $62.1m ($39.5m) $5.5m
Change In Inventory — — — — — $111.3m ($39.5m) $18.3m ($51.7m)
Change In Other Current Liabilities — — — — — ($41.0m) $3.8m $5.3m $32.2m
Change In Payable — — — — — ($65.9m) $62.1m ($39.5m) $5.5m
Change In Payables And Accrued Expense — — — — — ($65.9m) $62.1m ($39.5m) $5.5m
Change In Prepaid Assets — — — — — $1.3m $1.9m $5.9m $9.0m
Change In Receivables — — — — — $55.8m ($17.7m) $32.3m ($17.7m)
Change In Working Capital — — — — — $61.5m $10.7m $22.3m ($22.7m)
Changes In Account Receivables — — — — — $55.8m ($17.7m) $32.3m ($17.7m)
Changes In Cash — — — — — $92.0m $24.8m ($67.5m) ($14.1m)
End Cash Position — — — — — $154.1m $178.6m $109.6m $98.8m
Financing Cash Flow — — — — — $72.6m ($37.4m) ($50.7m) ($48.9m)
Free Cash Flow — — — — — $40.1m $76.4m $25.9m $34.7m
Investing Cash Flow — — — — — ($47.0m) ($27.0m) ($52.7m) ($15.4m)
Issuance Of Capital Stock — — — — $0 $81.7m $0 $0 —
Net Business Purchase And Sale — — — — — ($19.5m) ($14.2m) ($42.1m) $0
Net Intangibles Purchase And Sale — — — — — $0 $0 ($100k) $0
Net PPE Purchase And Sale — — — — — ($26.3m) ($12.8m) ($9.8m) ($15.4m)
Other Non Cash Items — — — — — $4.9m $4.3m $3.1m $7.0m
Proceeds From Stock Option Exercised — — — — — $7.0m $7.4m $5.4m $5.6m
Purchase Of Business — — — — — ($19.5m) ($14.2m) ($43.1m) $0
Purchase Of Intangibles — — — — — $0 $0 ($100k) $0
Purchase Of PPE — — — $9.0m $11.0m ($26.3m) ($12.8m) ($9.8m) ($15.4m)
Sale Of Business — — — — — $0 $0 $1.0m $0
Net cash provided by operating activities — $422k $37.1m $169.0m $20.2m $66.4m $89.2m $35.9m $50.1m
Acquisition of businesses, net of cash acquired — ($30.2m) ($126.1m) ($1.3m) ($4.8m) ($19.5m) ($14.2m) ($43.1m) —
Net Investment Purchase And Sale — — — — $0 ($1.0m) $0 $0 —
Purchase Of Investment — — — — $0 ($1.0m) $0 $0 —
Investment in available-for-sale convertible note — — — — — ($1.0m) — — —
Net Other Investing Changes — — — — ($4.7m) ($185k) — ($666k) —
Net cash used in investing activities — ($38.6m) ($145.4m) ($10.3m) ($20.5m) ($47.0m) ($27.0m) ($52.7m) ($15.4m)
Proceeds from issuance of debt, net — $113.6m $113.9m — $248.5m — — — —
Repayment of debt and debt issuance costs — — — ($190.6m) ($328.4m) ($9.5m) ($41.0m) ($25.0m) ($52.8m)
Issuance Of Debt — — — — — $701.5m $0 $25.0m $45.0m
Long Term Debt Issuance — — — — — $701.5m $0 $25.0m $45.0m
Net Issuance Payments Of Debt — — — — — ($9.5m) ($41.0m) ($25.0m) ($52.8m)
Net Long Term Debt Issuance — — — — — ($9.5m) ($41.0m) ($25.0m) ($52.8m)
Net Short Term Debt Issuance — — — — $0 $0 $0 — —
Short Term Debt Issuance — — — — $63.5m $701.5m $0 — —
Long Term Debt Payments — — — — — ($711.0m) ($41.0m) ($50.0m) ($97.8m)
Repayment Of Debt — — — — — ($711.0m) ($41.0m) ($50.0m) ($97.8m)
Short Term Debt Payments — — — — ($63.5m) ($701.5m) $0 — —
Issuance of common stock relating to business acquisition — — — — — $14.5m — — —
Common Stock Issuance — — — — $0 $81.7m $0 $0 —
Net Common Stock Issuance — — — — $0 $81.7m $0 $0 —
Dividend paid to noncontrolling interest — $28.9m $32.8m $28.0m $11.3m ($4.3m) ($980k) ($5.8m) ($494k)
Net Other Financing Charges — — — — — ($6.6m) ($3.8m) ($31.1m) ($1.7m)
Net cash used in financing activities — $47.4m $132.3m ($79.1m) ($65.4m) $72.6m ($37.4m) ($50.7m) ($48.9m)
Effect of exchange rate changes on cash — ($331k) $37k $2.1m ($2.4m) ($3.3m) ($281k) ($1.4m) $3.3m
Effect Of Exchange Rate Changes — — — — — ($3.3m) ($281k) ($1.4m) $3.3m
Net increase (decrease) in cash and restricted cash — $8.9m $24.0m $81.6m ($68.2m) $88.7m $24.5m ($68.9m) ($10.8m)
Cash and restricted cash at the beginning of the year $19.0m $27.9m $51.9m $133.6m $65.4m $154.1m $178.6m $109.6m $98.8m
Change In Cash Supplemental As Reported — — — — — $88.7m $24.5m ($68.9m) ($10.8m)
Cash paid for interest — $28.9m $32.8m $28.0m $11.3m $9.0m $16.8m $12.8m $8.8m
Cash paid for income taxes, net — $6.1m $571k $13.5m $41.2m $14.2m $7.4m $5.1m $10.1m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.