Corsair Gaming beats Q2 revenue estimates on gaming peripherals strength, raises FY outlook

Corsair Gaming

06/08/2026 21:17

Overview
Gaming hardware maker's Q2 revenue fell 2% yr/yr but beat analyst expectations
Adjusted EPS for Q2 beat consensus, helped by $15.6 mln tariff refund
Company completed acquisition of Trak Racer to expand Sim Racing platform

Outlook
Corsair sees Q3 net revenue between $320 mln and $350 mln
Company expects Q3 adjusted EBITDA of $18 mln to $21 mln
Corsair raises full-year net revenue outlook to $1.40 bln-$1.47 bln

Result Drivers
TARIFF REFUND - Co recognized $15.6 mln in tariff refunds, boosting gross profit and margins in Q2
PERIPHERALS GROWTH - Gamer and Creator Peripherals segment revenue rose 13% yr/yr, driven by demand for gaming peripherals, Sim Racing, and ecosystem expansion
COMPONENTS WEAKNESS - Gaming Components and Systems segment revenue fell 9% yr/yr due to higher memory pricing delaying DIY PC demand

Company press release: ID:nBw438CLMa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$314.34 mln
$310.55 mln (9 Analysts)
Q2 Adjusted EPS
Beat
$0.23
$0.07 (9 Analysts)
Q2 Net Income
 
$9.15 mln
 
Q2 Gross Profit
 
$104.29 mln
 
Q2 Operating income
 
$7.61 mln
 
Q2 Pretax Profit
 
$9.12 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the computer hardware peer group is "buy"
Wall Street's median 12-month price target for Corsair Gaming Inc is $10.00, about 10.7% below its August 5 closing price of $11.20

Reuters Recommended Reads
Aug 5 - US refunds $100 billion in tariffs struck down by Supreme Court, filing shows
Aug 4 - Global Industrial Q2 sales rise, profit lifted by one-time tariff refund
Aug 5 - Regal Rexnord Q2 adjusted EPS beats on tariff refund benefit

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)