Corsair Gaming Q2 revenue up 23%, beats expectations

Corsair Gaming

07/08/2025 21:08

Overview

Corsair Q2 revenue rises 23% to $320 mln, beating analyst expectations

Gross profit increases 36% to $85.9 mln, driven by improved product mix

Adjusted EBITDA improves to $8.1 mln from a loss

Outlook

Corsair reaffirms 2025 revenue guidance of $1.4 bln to $1.6 bln

Company to update adjusted EBITDA outlook later this year

Corsair sees positive momentum in Asia driving growth

Company prepared to adjust pricing due to semiconductor tariffs to preserve margins

Result Drivers

GAMING COMPONENTS - 30% revenue growth driven by new GPU launches and popular game titles

MEMORY BUSINESS - Sustained demand for high-performance DDR5 DRAM fuels double-digit revenue growth

PERIPHERALS & CREATOR SEGMENT - 9% revenue growth supported by new product launches and market share gains

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$320.11 mln
$311.10 mln (5 Analysts)
Q2 Net Income
-$20.31 mln
Q2 Gross Profit
$85.87 mln
Q2 Operating income
-$16.92 mln
Q2 Pretax Profit
-$20.68 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "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 $10.50, about 15.1% above its August 6 closing price of $8.91

Press Release: ID:nBw9fcRh8a

(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.)