Corsair Gaming Inc
NASDAQ:CRSR
Income Statement
Earnings Waterfall
Corsair Gaming Inc
Revenue
|
1.5B
USD
|
Cost of Revenue
|
-1.1B
USD
|
Gross Profit
|
360.3m
USD
|
Operating Expenses
|
-350.6m
USD
|
Operating Income
|
9.7m
USD
|
Other Expenses
|
-6.5m
USD
|
Net Income
|
3.2m
USD
|
Income Statement
Corsair Gaming Inc
Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||
Revenue |
938
N/A
|
941
+0%
|
973
+3%
|
1 040
+7%
|
1 097
+6%
|
1 160
+6%
|
1 300
+12%
|
1 473
+13%
|
1 702
+16%
|
1 923
+13%
|
2 016
+5%
|
1 950
-3%
|
1 904
-2%
|
1 755
-8%
|
1 566
-11%
|
1 487
-5%
|
1 375
-8%
|
1 348
-2%
|
1 390
+3%
|
1 441
+4%
|
1 460
+1%
|
|
Gross Profit | ||||||||||||||||||||||
Cost of Revenue |
(745)
|
(748)
|
(777)
|
(830)
|
(873)
|
(905)
|
(985)
|
(1 091)
|
(1 237)
|
(1 376)
|
(1 443)
|
(1 404)
|
(1 390)
|
(1 311)
|
(1 216)
|
(1 166)
|
(1 079)
|
(1 057)
|
(1 052)
|
(1 086)
|
(1 100)
|
|
Gross Profit |
193
N/A
|
193
+0%
|
196
+1%
|
209
+7%
|
224
+7%
|
255
+14%
|
314
+23%
|
382
+22%
|
465
+22%
|
547
+18%
|
572
+5%
|
546
-5%
|
514
-6%
|
444
-14%
|
351
-21%
|
321
-9%
|
297
-8%
|
291
-2%
|
338
+16%
|
356
+5%
|
360
+1%
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(171)
|
(179)
|
(185)
|
(192)
|
(200)
|
(218)
|
(239)
|
(268)
|
(306)
|
(334)
|
(361)
|
(374)
|
(376)
|
(376)
|
(372)
|
(364)
|
(351)
|
(343)
|
(337)
|
(344)
|
(351)
|
|
Selling, General & Administrative |
(116)
|
(121)
|
(125)
|
(131)
|
(139)
|
(155)
|
(173)
|
(204)
|
(232)
|
(274)
|
(304)
|
(315)
|
(291)
|
(314)
|
(307)
|
(298)
|
(261)
|
(276)
|
(273)
|
(280)
|
(285)
|
|
Research & Development |
(24)
|
(26)
|
(28)
|
(29)
|
(31)
|
(33)
|
(37)
|
(42)
|
(45)
|
(52)
|
(57)
|
(59)
|
(55)
|
(62)
|
(65)
|
(66)
|
(57)
|
(66)
|
(64)
|
(64)
|
(65)
|
|
Depreciation & Amortization |
(31)
|
(32)
|
(32)
|
(32)
|
(30)
|
(29)
|
(29)
|
0
|
(30)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
0
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
22
N/A
|
15
-33%
|
11
-26%
|
17
+59%
|
25
+45%
|
37
+48%
|
76
+106%
|
115
+52%
|
159
+39%
|
213
+34%
|
211
-1%
|
172
-19%
|
138
-20%
|
68
-51%
|
(22)
N/A
|
(43)
-100%
|
(55)
-26%
|
(51)
+6%
|
1
N/A
|
11
+1 133%
|
10
-13%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Interest Income Expense |
(33)
|
(36)
|
(36)
|
(37)
|
(36)
|
(36)
|
(37)
|
(38)
|
(35)
|
(30)
|
(25)
|
(18)
|
(13)
|
(10)
|
(7)
|
(7)
|
(9)
|
(11)
|
(11)
|
(11)
|
(11)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(5)
|
(5)
|
(5)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
(4)
|
(4)
|
(5)
|
(6)
|
(4)
|
(3)
|
0
|
0
|
0
|
(2)
|
(3)
|
(3)
|
|
Pre-Tax Income |
(11)
N/A
|
(22)
-107%
|
(27)
-21%
|
(21)
+20%
|
(13)
+37%
|
0
N/A
|
38
N/A
|
76
+101%
|
122
+61%
|
178
+46%
|
181
+2%
|
144
-21%
|
115
-20%
|
50
-56%
|
(36)
N/A
|
(50)
-40%
|
(64)
-28%
|
(62)
+3%
|
(12)
+80%
|
(3)
+75%
|
(3)
-12%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
(3)
|
(2)
|
0
|
1
|
5
|
1
|
(6)
|
(10)
|
(19)
|
(29)
|
(27)
|
(25)
|
(14)
|
1
|
7
|
14
|
10
|
10
|
8
|
2
|
2
|
|
Income from Continuing Operations |
(14)
|
(24)
|
(27)
|
(21)
|
(8)
|
1
|
31
|
66
|
103
|
149
|
154
|
119
|
101
|
51
|
(29)
|
(36)
|
(54)
|
(52)
|
(5)
|
(2)
|
(1)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(10)
|
(13)
|
(7)
|
(5)
|
8
|
11
|
4
|
|
Net Income (Common) |
(14)
N/A
|
(24)
-74%
|
(27)
-12%
|
(21)
+22%
|
(8)
+60%
|
1
N/A
|
31
+2 308%
|
66
+112%
|
103
+56%
|
149
+44%
|
154
+3%
|
119
-22%
|
101
-15%
|
49
-51%
|
(38)
N/A
|
(49)
-28%
|
(61)
-25%
|
(57)
+7%
|
4
N/A
|
9
+161%
|
3
-66%
|
|
EPS (Diluted) |
-0.15
N/A
|
-0.26
-73%
|
-0.29
-12%
|
-0.22
+24%
|
-0.09
+59%
|
0.02
N/A
|
0.35
+1 650%
|
0.73
+109%
|
1.14
+56%
|
1.48
+30%
|
1.53
+3%
|
1.2
-22%
|
1.01
-16%
|
0.5
-50%
|
-0.4
N/A
|
-0.51
-28%
|
-0.63
-24%
|
-0.55
+13%
|
0.04
N/A
|
0.1
+150%
|
0.03
-70%
|