Corsair Reports Strong Second Quarter 2026 Profit Growth and Cash Generation
Corsair reported Q2 revenue of $314.3 million, a 2% year-over-year decline, but achieved a record gross margin of 33.2% and significantly beat profit expectations. GAAP EPS was $0.06 compared to a loss of $0.16 a year ago, while non-GAAP EPS of $0.23 more than tripled the high end of the company's guidance, aided by a one-time $15.6 million tariff refund. The company raised its full-year 2026 outlook, now projecting revenue of $1.40 billion to $1.47 billion and adjusted EBITDA of $121 million to $131 million, representing an increase of approximately $35 million and $19 million at the midpoints respectively.
Key figures
- Eps
- 0.06
- Revenue
- 314300000
- Guidance
- Q3 2026 Revenue $320M-$350M; FY 2026 Revenue $1.40B-$1.47B, Adj EBITDA $121M-$131M, Non-GAAP EPS $0.85-$0.94
- Revenue Yoy
- -2%
- Net income
- 9100000
- Gross margin
- 33.2%
- Adjusted ebitda
- 30800000
- Operating income
- 7600000
- Operating cash flow
- 74800000
AI analysis
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