Corsair Gaming, Inc. (CRSR) Earnings Call Transcripts

Corsair Gaming, Inc.'s Latest Earnings Call - Q1 FY2026

Corsair Gaming, Inc. reported a strong first quarter for fiscal year 2026, with revenue of $354.5 million, exceeding guidance and reflecting a 10% year-over-year growth in its Gamer and Creator Peripherals segment. Adjusted EBITDA rose to $35.8 million, marking a 58% increase year-over-year, and earnings per share improved significantly to $0.11 GAAP and $0.27 non-GAAP. Management maintained its full-year guidance despite the strong quarter, citing macroeconomic uncertainties, particularly in semiconductor supply, which could impact future performance.

Reported metrics

Guidance from management

For Q2 2026, Corsair expects revenue in the range of $295 million to $320 million and adjusted EBITDA between $12.5 million and $15.5 million, maintaining full-year guidance amidst macroeconomic uncertainties.

What management said

You got it absolutely right. If you look at revenue for Q1, we're a little bit above the midpoint of guidance. But from a revenue perspective, no reason to change the annual guide, we're on track. From a profit perspective, you're absolutely right. It's pretty pleasing for us to have already banked 33% of the annual guide, 25% of the way through the year. But we just back to what you said at the outset, we're prett...

Thank you all for joining us today. We're proud of the start that we make in 2026 and look forward to updating you on our continued progress when we report Q2 results. Have a good evening.

What analysts pressed on

Analysts expressed concerns regarding the semiconductor supply chain and its impact on future revenue, with one analyst questioning the timing of recovery. There is also caution about maintaining full-year guidance despite a strong Q1 performance.

Main topics on the call

• Record Gross Margin — Corsair achieved a record gross margin of 32.7% in Q1 2026, up from 28.4% a year ago, driven by strong supply chain execution and favorable pricing dynamics. CEO Thi La emphasized, "This quarter reflects real progress in...
• Strong Performance in Gamer and Creator Peripherals — Revenue from the Gamer and Creator Peripherals segment grew 10% year-over-year, contributing significantly to overall revenue. Management noted, "The growth is structural, not cyclical," indicating confidence in sustaine...
• Challenges in Gaming Components and Systems — Revenue in the Gaming Components and Systems segment declined 10% year-over-year due to a non-GPU upgrade cycle and semiconductor supply constraints. Thi La stated, "These are industry-wide dynamics, not Corsair specific...
• Direct-to-Consumer Channel Growth — Corsair's direct-to-consumer revenue grew to 20% of total revenue, up from 17% a year ago, reflecting a strategic focus on higher-margin sales channels. Gordon Mattingly noted, "This growth flowed directly into gross pro...

Read the full Corsair Gaming, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 36 Corsair Gaming, Inc. earnings call transcripts on record, spanning November 10, 2020 to May 7, 2026. Based on this history, Corsair Gaming, Inc. reports quarterly. The most recent call on file is dated May 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CRSR

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Technology Hardware, Storage and Peripherals

Calls on record

36

First call

November 10, 2020

Most recent

May 7, 2026

Reporting cadence

quarterly