Corsair Gaming Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
CRSR$12.17+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(In thousands, except per share amounts)
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net revenue | $1,316,379 | $1,459,875 | $1,375,098 |
| Cost of revenue | 988,782 | 1,099,612 | 1,078,466 |
| Gross profit | 327,597 | 360,263 | 296,632 |
| Operating expenses: | |||
| Sales, general and administrative | 310,008 | 285,313 | 284,932 |
| Product development | 67,543 | 65,261 | 66,493 |
| Total operating expenses | 377,551 | 350,574 | 351,425 |
| Operating income (loss) | (49,954) | 9,689 | (54,793) |
| Other (expense) income: | |||
| Interest expense | (13,207) | (17,420) | (9,560) |
| Interest income | 3,347 | 6,839 | 374 |
| Other (expense) income, net | (1,844) | (2,587) | 213 |
| Total other expense, net | (11,704) | (13,168) | (8,973) |
| Loss before income taxes | (61,658) | (3,479) | (63,766) |
| Income tax benefit (expense) | (21,736) | 2,442 | 9,820 |
| Net loss | (83,394) | (1,037) | (53,946) |
| Less: Net income attributable to noncontrolling interest | 1,787 | 1,553 | 442 |
| Net loss attributable to Corsair Gaming, Inc. | $(85,181) | $(2,590) | $(54,388) |
| Calculation of net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.: | |||
| Net loss attributable to Corsair Gaming, Inc. | $(85,181) | $(2,590) | $(54,388) |
| Change in redemption value of redeemable noncontrolling interest | (13,994) | 5,777 | (6,536) |
| Net income (loss) attributable to common stockholders of Corsair Gaming, Inc. | $(99,175) | $3,187 | $(60,924) |
| Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.: | |||
| Basic | $(0.95) | $0.03 | $(0.63) |
| Diluted | $(0.95) | $0.03 | $(0.63) |
| Weighted-average common shares outstanding: | |||
| Basic | 104,164 | 102,482 | 96,280 |
| Diluted | 104,164 | 106,276 | 96,280 |
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