Corsair Gaming Reiterates FY25 Revenue Outlook of $1.4B-$1.6B, Adjusted EBITDA to Follow Later This Year.

Corsair Gaming has reaffirmed its FY25 revenue outlook of $1.4B-$1.6B, in line with the consensus estimate of $1.49B. The company will provide an updated adjusted operating income and EBITDA outlook later this year, pending visibility on operating results influenced by macro factors such as global trade policy developments.

Title: Corsair Gaming Reaffirms FY25 Revenue Outlook, Updates EBITDA Guidance

Corsair Gaming, a leading manufacturer of high-performance hardware for gamers and content creators, has reported strong second-quarter results for fiscal year 2025. The company's Q2 revenue rose by 23% to $320.1 million, surpassing analyst expectations by nearly $9 million [1]. This growth was driven by robust demand for gaming components, memory modules, and peripherals, with the Gaming Components & Systems segment contributing 30% of the revenue increase [2].

Corsair's gross profit increased by 36% to $85.9 million, reflecting improved product mix and operational efficiency. The company also reported a positive adjusted EBITDA of $8.1 million, compared to a loss in the same period last year. This significant improvement highlights Corsair's ability to manage costs and increase profitability.

Despite the positive results, Corsair's non-GAAP earnings per share (EPS) of $0.01 fell short of the expected $0.03. However, the company maintained its full-year revenue guidance, projecting a range between $1.4 billion and $1.6 billion, which aligns with the consensus estimate of $1.49 billion [1].

Corsair attributes its strong performance to new product launches, particularly in the Gaming Components & Systems segment, which saw a 30% increase in revenue. The company also noted that the Gamer & Creator Peripherals segment grew by 9% due to the success of new product launches and market share gains [2].

The company's gross margin improved to 26.8% from 24.1% in Q2 2024, driven by premium offerings and a strong product mix. Corsair's operational cash flow from operations turned positive at $30.2 million, compared to a negative $18.5 million in Q2 2024 [2].

Looking ahead, Corsair expects to update its adjusted EBITDA outlook later this year, pending visibility on operating results influenced by macro factors such as global trade policy developments. The company is prepared to adjust pricing due to potential semiconductor tariffs to preserve margins [1].

Corsair's focus on innovation, ecosystem integration, and market expansion continues to drive growth. The company reported market share gains in several core categories, particularly keyboards and headsets, and noted early success with its Fanatec brand of sim racing products [2].

The current average analyst rating on Corsair shares is "buy," with a median 12-month price target of $10.50, about 15.1% above its August 6 closing price of $8.91 [1].

# References
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_PLXA870DE:0-corsair-gaming-q2-revenue-up-23-beats-expectations/
[2] https://www.nasdaq.com/articles/corsair-crsr-q2-revenue-jumps-23