Corsair Gaming Past Earnings Performance
Past criteria checks 3/6
Corsair Gaming's earnings have been declining at an average annual rate of -4.1%, while the Tech industry saw earnings growing at 22.3% annually. Revenues have been growing at an average rate of 7.5% per year.
Key information
-4.1%
Earnings growth rate
-7.0%
EPS growth rate
| Tech Industry Growth | 14.3% |
| Revenue growth rate | 7.5% |
| Return on equity | -0.1% |
| Net Margin | 0.2% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Some Investors May Be Worried About Corsair Gaming's (NASDAQ:CRSR) Returns On Capital
Mar 19
Corsair 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 03Corsair: Bottom Fishing In Deepening Waters (Technical Analysis)
Sep 20Corsair Hasn't Looked Worse, It Probably Will Get A Bit Better
Sep 07Analysts Have Just Cut Their Corsair Gaming, Inc. (NASDAQ:CRSR) Revenue Estimates By 12%
Aug 08Corsair Q2 Earnings: What A Disaster
Aug 05Corsair Gaming guides Q2 revenue below consensus over "challenging" first half
Jul 21Be Wary Of Corsair Gaming (NASDAQ:CRSR) And Its Returns On Capital
Jul 16Corsair's Troubles Will Likely Continue
Jun 09Corsair Gaming, Inc. (NASDAQ:CRSR) Analysts Just Cut Their EPS Forecasts Substantially
May 10Corsair Gaming: Buffeted By Decaying Industry Fundamentals
May 02Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 1,460 | 3 | 285 | 65 |
| 30 Sep 23 | 1,441 | 9 | 279 | 64 |
| 30 Jun 23 | 1,390 | 4 | 273 | 64 |
| 31 Mar 23 | 1,348 | -57 | 276 | 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 has high quality earnings.
Growing Profit Margin: CRSR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRSR has become profitable over the past 5 years, growing earnings by -4.1% per year.
Accelerating Growth: CRSR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CRSR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Tech industry (26.6%).
Return on Equity
High ROE: CRSR's Return on Equity (-0.1%) is considered low.