Corsair Gaming Inc
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
CRSR$12.17+2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except per share amounts)
| Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net revenue | $1,459,875 | $1,375,098 | $1,904,060 |
| Cost of revenue | 1,099,612 | 1,078,466 | 1,390,206 |
| Gross profit | 360,263 | 296,632 | 513,854 |
| Operating expenses: | |||
| Sales, general and administrative | 285,313 | 284,932 | 315,672 |
| Product development | 65,261 | 66,493 | 60,288 |
| Total operating expenses | 350,574 | 351,425 | 375,960 |
| Operating income (loss) | 9,689 | (54,793) | 137,894 |
| Other (expense) income: | |||
| Interest expense | (17,420) | (9,560) | (17,673) |
| Interest income | 6,839 | 374 | — |
| Other (expense) income, net | (2,587) | 213 | (5,661) |
| Total other expense, net | (13,168) | (8,973) | (23,334) |
| Income (loss) before income taxes | (3,479) | (63,766) | 114,560 |
| Income tax benefit (expense) | 2,442 | 9,820 | (13,600) |
| Net income (loss) | (1,037) | (53,946) | 100,960 |
| Less: Net income attributable to noncontrolling interest | 1,553 | 442 | — |
| Net income (loss) attributable to Corsair Gaming, Inc. | $(2,590) | $(54,388) | $100,960 |
| Calculation of net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.: | |||
| Net income (loss) attributable to Corsair Gaming, Inc. | $(2,590) | $(54,388) | $100,960 |
| Change in redemption value of redeemable noncontrolling interest | 5,777 | (6,536) | — |
| Net income (loss) attributable to common stockholders of Corsair Gaming, Inc. | $3,187 | $(60,924) | $100,960 |
| Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.: | |||
| Basic | $0.03 | $(0.63) | $1.08 |
| Diluted | $0.03 | $(0.63) | $1.01 |
| Weighted-average common shares outstanding: | |||
| Basic | 102,482 | 96,280 | 93,260 |
| Diluted | 106,276 | 96,280 | 100,004 |
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