Filing Flows › Corsair Gaming (CRSR) › Q2 2026 › vs Q1 2026
Corsair Gaming (CRSR) Q2 2026 vs Q1 2026 (quarter over quarter)
Corsair Gaming's revenue fell $40.2M (-11%) from $355M in Q1 2026 to $314M in Q2 2026. The biggest changes: Gaming Components and Systems −$32.8M (-14%); Gamer and Creator Peripherals −$7.4M (-6%). Gross margin 33.2% against 32.7% (+0.4 pts).
Corsair Gaming, Q2 2026: revenue $314M (-2% year over year), operating margin 2.4%, net earnings $8.8M, operating cash flow $74.8M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 33.2% | 32.7% | +0.4 pts |
| Operating margin | 2.4% | 3.9% | -1.5 pts |
| Net margin | 2.8% | 3.6% | -0.8 pts |
| Free cash flow margin | 22.9% | 7.4% | +15.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Gaming Components and Systems | $198M | $231M | −$32.8M | -14% |
| Gamer and Creator Peripherals | $116M | $123M | −$7.4M | -6% |
| Revenue | $314M | $355M | −$40.2M | -11% |
| Gross profit | $104M | $116M | −$11.7M | -10% |
| Cost of revenue | $210M | $238M | −$28.4M | -12% |
| Other income, net | $1.5M | −$896K | $2.4M | — |
| Operating profit | $7.6M | $13.8M | −$6.2M | -45% |
| Operating expenses | $96.7M | $102M | −$5.6M | -5% |
| Pre-tax earnings | $9.1M | $12.9M | −$3.8M | -29% |
| Research & development | $15.4M | $17.2M | −$1.8M | -10% |
| SG&A | $81.2M | $85.0M | −$3.8M | -4% |
| Income tax benefit | $30K | $157K | −$127K | -81% |
| Net earnings | $8.8M | $12.8M | −$3.9M | -31% |
| Minority interests | $306K | $273K | $33K | +12% |
| Depreciation | $3.6M | $3.6M | $98K | +3% |
| Share-based compensation | $5.9M | $6.7M | −$759K | -11% |
| Working capital & other | $56.4M | $6.7M | $49.7M | +742% |
| Operating cash flow | $74.8M | $29.7M | $45.1M | +152% |
| Free cash flow (OCF − capex) | $72.1M | $26.1M | $46.0M | +177% |
| Capital expenditures | $2.8M | $3.7M | −$898K | -24% |
Questions
How much did Corsair Gaming's revenue grow quarter over quarter in Q2 2026?
Corsair Gaming's revenue fell $40.2M (-11%) from $355M in Q1 2026 to $314M in Q2 2026.
What drove Corsair Gaming's revenue change in Q2 2026?
Gaming Components and Systems −$32.8M (-14%); Gamer and Creator Peripherals −$7.4M (-6%).