Corsair Gaming (NASDAQ:CRSR) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Corsair Gaming (NASDAQ:CRSR) issued its quarterly earnings data on Thursday. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01, FiscalAI reports. The firm had revenue of $367.03 million for the quarter, compared to analyst estimates of $336.62 million. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.10%. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.06 EPS. Corsair Gaming updated its FY 2026 guidance to 0.890-0.940 EPS and its Q4 2026 guidance to 0.260-0.310 EPS.

Here are the key takeaways from Corsair Gaming’s conference call:

• Corsair beat its third-quarter guidance: revenue rose 6% to $367 million, adjusted EBITDA increased 38% to $22.4 million, and non-GAAP EPS more than doubled to $0.13. The company raised its full-year revenue and adjusted EBITDA outlook.
• Gaming peripherals and creator revenue grew 3%, with launches delayed into Q4 and a $6–$7 million backlog expected to support double-digit segment growth next quarter. Management also cited demand catalysts including GTA VI-related interest, sim racing, and new Elgato products.
• Memory revenue surged 43% to a third-quarter record, helping offset continued weakness in DIY components, where elevated memory prices are delaying customer builds. Memory supply remains tight, and Corsair expects Q4 memory gross margin to fall to 18%–20% from an unusually high 35% a year earlier, weighing on year-over-year adjusted EBITDA.
• Corsair ended the quarter with $136.2 million in cash and restricted cash after spending on acquisitions and increasing inventory by $80 million sequentially to prepare for holiday demand. Management said it will continue to closely manage inventory, collections, and vendor terms.

Corsair Gaming Stock Down 3.9%

Shares of CRSR traded down $0.52 during mid-day trading on Thursday, hitting $12.80. 3,487,434 shares of the company’s stock were exchanged, compared to its average volume of 1,197,502. The stock’s 50-day moving average is $13.17 and its 200-day moving average is $9.14. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.04 and a current ratio of 1.75. Corsair Gaming has a fifty-two week low of $4.48 and a fifty-two week high of $14.98. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 42.67 and a beta of 1.95.

Analyst Upgrades and Downgrades

CRSR has been the topic of a number of research analyst reports. Craig Hallum reissued a “hold” rating on shares of Corsair Gaming in a research report on Friday, August 7th. Weiss Ratings upgraded Corsair Gaming from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, August 21st. Wedbush raised their price target on Corsair Gaming from $8.00 to $13.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Zacks Research cut Corsair Gaming from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Corsair Gaming in a research note on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $12.29.

More Corsair Gaming News

Here are the key news stories impacting Corsair Gaming this week:

• Positive Sentiment: Q3 beat: Corsair reported adjusted earnings of $0.13 per share versus the $0.12 consensus, while revenue of $367.0 million exceeded the $336.6 million estimate and rose 6.1% year over year. Corsair Beats Q3 Guidance as Revenue Grows 6% Year-over-Year
• Positive Sentiment: Raised full-year outlook: 2026 EPS guidance is $0.89–$0.94, above the $0.85 consensus, and revenue guidance is $1.5 billion versus analysts’ $1.4 billion estimate. Corsair Beats Q3 Guidance as Revenue Grows 6% Year-over-Year
• Neutral Sentiment: Q4 forecast is close to expectations: EPS guidance of $0.26–$0.31 brackets the $0.27 consensus; revenue guidance of $420–$450 million also brackets the $436.5 million estimate, suggesting no major near-term forecast surprise. Corsair Q3 and nine-month results
• Neutral Sentiment: Corsair introduced Dark Cherry Blossom versions of its TC500 and TC100 gaming chairs, adding new products but with no disclosed financial impact. Corsair launches new gaming chairs
• Neutral Sentiment: A separate valuation article characterized CRSR as reasonably priced based on cash flow; the headline alone provides no specific estimates or new company results. Corsair stock looks reasonably priced on cash flow

Corsair Gaming Company Profile

Corsair Gaming, Inc develops and sells hardware, peripherals, systems and accessories for gamers, content creators and PC enthusiasts. Its product portfolio includes keyboards, mice, headsets, streaming equipment, gaming furniture, computer components, custom-built PCs and related software.

The company markets products under the Corsair brand and through brands including Elgato, SCUF Gaming, ORIGIN PC and Drop. Elgato focuses on tools for content creation and live streaming, SCUF Gaming produces customizable game controllers, ORIGIN PC builds custom gaming computers, and Drop offers enthusiast-oriented mechanical keyboards and other computer accessories.

Founded in 1994, Corsair serves customers globally through retailers, distributors, online marketplaces and its direct-to-consumer websites.