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Corsair Gaming (CRSR) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Corsair Gaming (CRSR) Q3 2026 earnings results →
Q3 2026 Revenue up 6% year over year to $367M · 1¢ of every $1 of revenue lost · operating margin -0.4%
Corsair Gaming made $367M in Q3 2026 (+6% Y/Y): Gaming Components and Systems $251M, Gamer and Creator Peripherals $116M. Operating margin -0.4%, net loss $2.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $367.0M in Q3 2026, up 6% year over year and up 17% from the previous quarter. Gaming Components and Systems was the largest line at 68% of revenue. Gaming Components and Systems added $17.4M year over year (up 7%), 82% of the total change.
Gross margin was 26.7%, down 0.3 points from Q3 2025. Operating costs exceeded revenue by $1.6M, an operating margin of -0.4%. Operating expenses grew 1% against revenue growth of 6%. The quarter ended with a net loss of $2.4M, after a profit of $9.1M the previous quarter.
Operating cash flow was −$14.1M. Non-cash charges added back $3.8M of depreciation and $6.5M of share-based compensation. Working capital and other items used $22.0M. Capital expenditures of $2.6M exceeded it, leaving free cash flow of −$16.7M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 5, 2026 | $367M | +6% | -0.4% | −$2.4M | −$14.1M |
| Q2 2026 | 10-Q | Aug 6, 2026 | $314M | -2% | 2.4% | $8.8M | $74.8M |
| Q1 2026 | 10-Q | May 7, 2026 | $355M | -4% | 3.9% | $13.1M | $29.7M |
| Q4 2025 | 10-K | Feb 25, 2026 | $437M | +6% | 6.2% | $25.8M | $38.2M |
| Q3 2025 | 10-Q | Nov 4, 2025 | $346M | +14% | -1.6% | −$10.4M | −$37.0M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $320M | +22% | -5.3% | −$20.3M | $30.2M |
| Q1 2025 | 10-Q | May 7, 2025 | $370M | +10% | -0.6% | −$10.3M | $18.8M |
Charts
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
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About Corsair Gaming
Corsair Gaming, Inc. (also referred to in this document as “Corsair,” “we,” the “company,” or the “registrant”) is a leading global provider and innovator of high-performance products for gamers and digital creators such as streamers, vloggers and broadcasters. Our industry-leading gaming products help digital athletes, from casual gamers to committed professionals, perform at their peak across personal computer (“PC”), sim racing and console platforms, and our streaming products enable creators, particularly streamers, to produce studio-quality content to share with friends or to broadcast to millions of fans. Our PC components products offer our customers multiple options to build their customized gaming and workstation desktop PCs. We design and sell high-performance gaming and streaming peripherals, components and systems to enthusiasts globally.
In its own words, from its 10-K, filed Feb 25, 2026.
Corsair Gaming against its Computer Peripheral Equipment, NEC peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +6% against the peers' median +13%. Operating margin: -0.4% against the peers' median 5.0%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| CRSR Corsair Gaming | Q3 2026 | $367M | +6% | -0.4% |
| PANW Palo Alto Networks | Q4 FY26 | $3.4B | +34% | 5.0% |
| FTNT Fortinet | Q3 2026 | $2.1B | +20% | 33.9% |
| XRX Xerox Holdings | Q3 2026 | $1.9B | -5% | -53.9% |
| LOGI Logitech International S.A. | Q2 FY27 | $1.2B | +3% | 16.5% |
| IMMR Immersion | Q1 FY27 | $294M | +0.8% | -6.8% |
| MITK Mitek Systems | Q3 FY26 | $54.0M | +18% | 21.4% |
| EVLV Evolv Technologies Holdings | Q2 2026 | $43.8M | +34% | -24.1% |
| WETH Wetouch Technology | Q2 2026 | $14.0M | +13% | 22.6% |
Source: Corsair Gaming 10-Q on SEC EDGAR · CIK 1743759 · Computer Peripheral Equipment, NEC
Guidance and outlook
13F: who owns CRSR and who is buying
More on CRSR
- How Corsair Gaming makes money: revenue by segment
- Corsair Gaming next earnings date and what analysts expect
- Corsair Gaming stock forecast, price target and fair value
- Who owns Corsair Gaming stock: holders, funds and Congress trades
- Corsair Gaming guidance and outlook
- Is Corsair Gaming a takeover target? LBO and rumors
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Corsair Gaming guidance history: guided vs reported
- Corsair Gaming gross margin by quarter
- Corsair Gaming operating margin by quarter
- Corsair Gaming net income by quarter
- Corsair Gaming free cash flow by quarter
- Corsair Gaming R&D spending by quarter
- Corsair Gaming capital expenditures by quarter
- Corsair Gaming Gaming Components and Systems revenue by quarter
- Corsair Gaming Gamer and Creator Peripherals revenue by quarter