Corsair Gaming Past Earnings Performance
Past criteria checks 0/6
Corsair Gaming's earnings have been declining at an average annual rate of -37.8%, while the Tech industry saw earnings growing at 21.8% annually. Revenues have been growing at an average rate of 0.5% per year.
Key information
-37.8%
Earnings growth rate
-38.5%
EPS growth rate
| Tech Industry Growth | 14.3% |
| Revenue growth rate | 0.5% |
| Return on equity | -12.8% |
| Net Margin | -7.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Corsair Gaming, Inc. (NASDAQ:CRSR) Could Be Riskier Than It Looks
Dec 16
Corsair Gaming: Fanatec To Refuel Growth After Weak Q3
Nov 14Corsair Gaming: May Be Worth A Second Look, A 'Buy' From Me
Oct 18We Think Corsair Gaming (NASDAQ:CRSR) Has A Fair Chunk Of Debt
Sep 18Corsair Gaming: A Deeper Component Sales Disaster In Q2
Aug 04Corsair Gaming, Inc. (NASDAQ:CRSR) Not Doing Enough For Some Investors As Its Shares Slump 27%
Jul 24Corsair Gaming: Weakening Moat And Expensive Valuation
Jul 05We Think Corsair Gaming (NASDAQ:CRSR) Has A Fair Chunk Of Debt
Jun 14Corsair Gaming: Q1 Weakness Expected To Subside
Jun 01Some Investors May Be Worried About Corsair Gaming's (NASDAQ:CRSR) Returns On Capital
Mar 19Corsair Gaming: Gaming Peripheral Space Leader, A Speculative Buy
Mar 08Corsair Gaming, Inc. (NASDAQ:CRSR) Shares Could Be 28% Below Their Intrinsic Value Estimate
Feb 15We Think Corsair Gaming (NASDAQ:CRSR) Can Stay On Top Of Its Debt
Jan 25Corsair's Earnings Growth Is Priced In
Jan 23Corsair Gaming, Inc.'s (NASDAQ:CRSR) Shares Not Telling The Full Story
Jan 03Corsair Gaming (NASDAQ:CRSR) Could Be Struggling To Allocate Capital
Dec 09An Intrinsic Calculation For Corsair Gaming, Inc. (NASDAQ:CRSR) Suggests It's 35% Undervalued
Nov 02Should You Investigate Corsair Gaming, Inc. (NASDAQ:CRSR) At US$14.59?
Sep 24Corsair Gaming's (NASDAQ:CRSR) Returns On Capital Not Reflecting Well On The Business
Sep 05Estimating The Intrinsic Value Of Corsair Gaming, Inc. (NASDAQ:CRSR)
Jan 20Is Now The Time To Look At Buying Corsair Gaming, Inc. (NASDAQ:CRSR)?
Dec 03Revenue & Expenses Breakdown
How Corsair Gaming makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,320 | -94 | 299 | 67 |
| 30 Jun 24 | 1,379 | -39 | 298 | 67 |
| 31 Mar 24 | 1,443 | -8 | 298 | 65 |
| 31 Dec 23 | 1,460 | 3 | 285 | 65 |
| 30 Sep 23 | 1,441 | 9 | 280 | 64 |
| 30 Jun 23 | 1,390 | 4 | 273 | 64 |
| 31 Mar 23 | 1,348 | -57 | 277 | 66 |
| 31 Dec 22 | 1,375 | -61 | 285 | 66 |
| 30 Sep 22 | 1,487 | -49 | 297 | 66 |
| 30 Jun 22 | 1,566 | -38 | 306 | 65 |
| 31 Mar 22 | 1,755 | 49 | 313 | 62 |
| 31 Dec 21 | 1,904 | 101 | 316 | 60 |
| 30 Sep 21 | 1,950 | 119 | 315 | 59 |
| 30 Jun 21 | 2,016 | 154 | 304 | 57 |
| 31 Mar 21 | 1,923 | 149 | 281 | 54 |
| 31 Dec 20 | 1,702 | 103 | 257 | 50 |
| 30 Sep 20 | 1,473 | 66 | 221 | 45 |
| 30 Jun 20 | 1,300 | 31 | 195 | 42 |
| 31 Mar 20 | 1,160 | 1 | 176 | 39 |
| 31 Dec 19 | 1,097 | -8 | 163 | 38 |
| 30 Sep 19 | 1,039 | -23 | 141 | 38 |
| 30 Jun 19 | 973 | -29 | 141 | 37 |
| 31 Mar 19 | 941 | -26 | 140 | 35 |
| 31 Dec 18 | 938 | -14 | 137 | 32 |
| 30 Sep 18 | 922 | 2 | 160 | 29 |
| 30 Jun 18 | 955 | -14 | 162 | 26 |
| 31 Mar 18 | 924 | -3 | 149 | 24 |
| 31 Dec 17 | 856 | 2 | 135 | 21 |
| 31 Dec 16 | 595 | 29 | 80 | 15 |
| 31 Dec 15 | 511 | 17 | 70 | 12 |
Quality Earnings: CRSR is currently unprofitable.
Growing Profit Margin: CRSR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRSR is unprofitable, and losses have increased over the past 5 years at a rate of 37.8% per year.
Accelerating Growth: Unable to compare CRSR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CRSR is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (26.1%).
Return on Equity
High ROE: CRSR has a negative Return on Equity (-12.82%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:37 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Corsair Gaming, Inc. is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Colin Sebastian | Baird |
| George Wang | Barclays |
| Stephen Ju | Credit Suisse |