Corsair Gaming, Inc.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net revenue $937.6m $1.1b $1.7b $1.9b $1.4b $1.5b $1.3b $1.5b
Cost of revenue $744.9m $872.9m $1.2b $1.4b $1.1b $1.1b $988.8m $1.0b
Gross profit $192.7m $224.3m $465.4m $513.9m $296.6m $360.3m $327.6m $425.9m
Total operating expenses $170.9m $200.6m $307.1m $376.0m $351.4m $350.6m $377.6m $423.8m
Operating income (loss) $21.8m $23.7m $158.4m $137.9m ($54.8m) $9.7m ($50.0m) $2.1m
Sales, general and administrative $138.9m $163.0m $257.0m $315.7m $284.9m $285.3m $310.0m $354.7m
Product development $32.0m $37.5m $50.1m $60.3m $66.5m $65.3m $67.5m $69.1m
Interest income $374k $6.8m $3.3m $1.7m
Loss before income taxes ($13.4m) $122.0m $114.6m ($63.8m) ($3.5m) ($61.7m) ($12.1m)
Net loss $103.2m $101.0m ($53.9m) ($1.0m) ($83.4m) ($15.0m)
Net loss attributable to Corsair Gaming, Inc. ($13.7m) ($8.4m) $103.2m $101.0m ($54.4m) ($2.6m) ($85.2m) ($16.2m)
Change in redemption value of redeemable noncontrolling interest ($6.5m) $5.8m ($14.0m) $3.7m
Net income (loss) attributable to common stockholders of Corsair Gaming, Inc. $103.2m $101.0m ($60.9m) $3.2m ($99.2m) ($12.5m)
Less: Net income attributable to noncontrolling interest ($8.4m) $442k $1.6m $1.8m $1.2m
Basic ($0.18) ($0.11) $1.20 $1.08 ($0.63) $0.03 ($0.95) ($0.12)
Diluted ($0.18) ($0.11) $1.14 $1.01 ($0.63) $0.03 ($0.95) ($0.12)
Interest expense ($32.7m) ($35.5m) ($35.1m) ($17.7m) ($9.2m) ($17.4m) ($13.2m) ($9.3m)
Other expense, net $183k ($1.6m) ($1.2m) ($5.7m) $213k ($2.6m) ($1.8m) ($6.5m)
Income tax benefit (expense) ($3.0m) $5.0m ($18.8m) ($13.6m) $9.8m $2.4m ($21.7m) ($2.8m)
Total other expense, net ($32.5m) ($37.1m) ($36.3m) ($23.3m) ($9.0m) ($13.2m) ($11.7m) ($14.2m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.