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Income Statement
Balance Sheet
Cash Flow Statement
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Common Size IS
Op Efficiency
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Corsair Gaming, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-KS-1/AS-1/AS-1/A
Revenues:  
    Non-US Excluding United Kingdom  137.5190.4170.2109.7    
    Non-US      93.8   
    Gamer and Creator Peripherals  437.8647.2539.4     
    Other  799.81,066.5992.8987.5843.8   
Total revenues  1,375.11,904.11,702.41,097.2937.6855.5595.4509.8
            Revenue growth   [+]-27.8%11.8%55.2%17.0%9.6%43.7%16.8% 
Cost of goods sold  1,078.51,390.21,236.9872.9744.9683.1467.4412.1
Gross profit  296.6513.9465.4224.3192.7172.5128.097.7
            Gross margin  21.6%27.0%27.3%20.4%20.6%20.2%21.5%19.2%
Selling, general and administrative  284.9315.7257.0163.0138.9117.673.260.6
Research and development  66.560.350.137.532.025.615.012.2
EBITDA   [+]-1.3183.0201.661.258.4   
            EBITDA margin  -0.1%9.6%11.8%5.6%6.2%3.4%6.7%4.9%
Depreciation  13.610.39.37.45.7   
EBITA  -14.9172.7192.353.852.729.339.824.9
            EBITA margin  -1.1%9.1%11.3%4.9%5.6%3.4%6.7%4.9%
Amortization of intangibles  39.934.833.930.130.9   
EBIT   [+]-54.8137.9158.423.721.829.339.824.9
            EBIT margin  -4.0%7.2%9.3%2.2%2.3%3.4%6.7%4.9%
Interest expense  9.217.735.135.532.724.53.54.5
Other income (expense), net   [+]0.2-5.7-1.2-1.60.20.5-2.2-1.4
Pre-tax income  -63.8114.6122.0-13.4-10.75.334.119.0
Income taxes  -9.813.618.8-5.03.0-2.15.53.4
            Tax rate  15.4%11.9%15.4%37.4%  16.2%17.9%
Minority interest  0.4       
Earnings from continuing ops  -60.9101.0103.2-8.4-13.77.428.615.6
Earnings from discontinued ops         0.2
Net income  -60.9101.0103.2-8.4-13.77.428.615.8
            Net margin  -4.4%5.3%6.1%-0.8%-1.5%0.9%4.8%3.1%
   
Basic EPS   [+]($0.63)$1.08$1.20($0.11)($0.18)   
Diluted EPS   [+]($0.63)$1.01$1.14($0.11)($0.18)   
   
Shares outstanding (basic)   [+]96.393.386.376.275.5   
Shares outstanding (diluted)   [+]96.3100.090.676.275.5   
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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