Filing Flows › Corsair Gaming (CRSR) › Q2 2026 › vs Q2 2025
Corsair Gaming (CRSR) Q2 2026 vs Q2 2025 (year over year)
Corsair Gaming's revenue fell $5.8M (-2%) from $320M in Q2 2025 to $314M in Q2 2026. The biggest changes: Gaming Components and Systems −$19.0M (-9%); Gamer and Creator Peripherals +$13.2M (+13%). Gross margin 33.2% against 26.8% (+6.4 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 33.2% | 26.8% | +6.4 pts |
| Operating margin | 2.4% | -5.3% | +7.7 pts |
| Net margin | 2.8% | -6.5% | +9.3 pts |
| Free cash flow margin | 22.9% | 8.6% | +14.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Gaming Components and Systems | $198M | $217M | −$19.0M | -9% |
| Gamer and Creator Peripherals | $116M | $103M | $13.2M | +13% |
| Revenue | $314M | $320M | −$5.8M | -2% |
| Gross profit | $104M | $85.9M | $18.4M | +21% |
| Cost of revenue | $210M | $234M | −$24.2M | -10% |
| Other income, net | $1.5M | −$3.8M | $5.3M | — |
| Operating profit | $7.6M | −$16.9M | $24.5M | — |
| Operating expenses | $96.7M | $103M | −$6.1M | -6% |
| Pre-tax earnings | $9.1M | −$20.7M | $29.8M | — |
| Research & development | $15.4M | $17.5M | −$2.1M | -12% |
| SG&A | $81.2M | $85.3M | −$4.0M | -5% |
| Income tax benefit | $30K | $369K | −$339K | -92% |
| Net earnings | $8.8M | −$20.9M | $29.7M | — |
| Minority interests | $306K | $556K | −$250K | -45% |
| Depreciation | $3.6M | $3.4M | $298K | +9% |
| Share-based compensation | $5.9M | $9.3M | −$3.4M | -36% |
| Working capital & other | $56.4M | $38.4M | $18.0M | +47% |
| Operating cash flow | $74.8M | $30.2M | $44.6M | +148% |
| Free cash flow (OCF − capex) | $72.1M | $27.5M | $44.6M | +162% |
| Capital expenditures | $2.8M | $2.7M | $58K | +2% |
Questions
How much did Corsair Gaming's revenue grow year over year in Q2 2026?
Corsair Gaming's revenue fell $5.8M (-2%) from $320M in Q2 2025 to $314M in Q2 2026.
What drove Corsair Gaming's revenue change in Q2 2026?
Gaming Components and Systems −$19.0M (-9%); Gamer and Creator Peripherals +$13.2M (+13%).