NASDAQ$CRSR
Corsair Gaming Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Corsair reported financial results, showing a decrease in net revenue compared to the first quarter of 2021, but an increase compared to the pre-pandemic first quarter of 2020.
Corsair Gaming, Inc. reported a net revenue of $380.7 million for the quarter ended March 31, 2022, a decrease of 28.1% compared to Q1 2021, and a GAAP operating loss of $2.5 million compared to an operating income of $67.3 million in Q1 2021. Adjusted EBITDA was $15.4 million, compared to $80.4 million in the first quarter of 2021.
- Net revenue was $380.7 million, a decrease of 28.1% compared to Q1 2021.
- Gamer and creator peripherals segment revenue was $134.1 million, a decrease of 23.7% compared to Q1 2021.
- GAAP operating income declined 103.7% to a loss of $2.5 million compared to $67.3 million in Q1 2021.
- GAAP net loss per diluted share was $0.05 compared to $0.47 GAAP net income per diluted share in Q1 2021.
Headline financials
Revenue & EPS history
Corsair · Revenue · Quarterly
$381M
Revenue by segment
Corsair · $134M total across 1 segment · Q1 2022
- Gamer & Creator Peripherals$134M-23.7%100.0%
Forward guidance
For the full year 2022, Corsair expects net revenue to be in the range of $1.6 billion to $1.8 billion, adjusted operating income to be in the range of $100 million to $120 million, and adjusted EBITDA to be in the range of $110 million to $130 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+3.8%
Avg return
Earnings day
+4.5%
Avg return
5 days after
+5.8%
Avg return
30 days after
62%
18 / 29 earnings
Positive
+48.3%
Q4 2025
Best reaction
-21.9%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | +4.7% | +27.1% | |
| Q4 2025 | +48.3% | +21.7% | +16.2% | |
| Q3 2025 | -3.8% | -0.2% | +0.0% | |
| Q1 2025 | -0.3% | +21.1% | +33.4% | |
| Q4 2024 | +25.9% | +23.0% | +5.8% | |
| Q3 2024 | -0.4% | +2.5% | +8.7% | |
| Q2 2024 | -21.9% | -22.4% | -15.1% | |
| Q1 2024 | -7.5% | -7.1% | +0.6% | |
| Q4 2023 | +1.6% | +0.1% | -9.0% | |
| Q3 2023 | -6.6% | -5.1% | +2.5% | |
| Q2 2023 | -10.0% | -10.0% | -12.9% | |
| Q1 2023 | +8.4% | +7.0% | +6.8% | |
| Q4 2022 | +9.0% | +15.7% | +5.2% | |
| Q3 2022 | +18.4% | +32.0% | +38.1% | |
| Q2 2022 | +5.0% | +5.4% | -9.6% | |
| Q1 2022 | -6.3% | -10.2% | -3.4% | |
| Q4 2021 | +10.4% | +8.6% | +6.5% | |
| Q3 2021 | +5.7% | +5.3% | -12.3% | |
| Q2 2021 | -5.5% | -3.1% | -0.5% | |
| Q1 2020 | +1.7% | +0.7% | +1.7% | |
| Q1 2021 | +1.7% | +0.7% | +1.7% | |
| Q1 2019 | +2.8% | +3.1% | +1.1% | |
| Q4 2018 | +2.8% | +3.1% | +1.1% | |
| Q2 2020 | +2.8% | +3.1% | +1.1% | |
| Q2 2019 | +2.8% | +3.1% | +1.1% | |
| Q4 2020 | -7.2% | -6.4% | -26.4% | |
| Q3 2019 | +10.7% | +10.9% | +32.5% | |
| Q4 2019 | +10.7% | +10.9% | +32.5% | |
| Q3 2020 | +10.7% | +10.9% | +32.5% | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro