Earnings Releases·Nov 5, 2026, 4:04 PM ET

Corsair Gaming, Inc. — Third Quarter 2026 Earnings Summary

**Financial Results:** Q3 net revenue reached $367.0 million (up 6% YoY), exceeding guidance, while Adjusted EBITDA rose 38% YoY to $22.4 million; GAAP net loss narrowed to $2.4 million from $10.4 million in the prior year period.
**Guidance Revision:** Full-year 2026 net revenue guidance was raised to $1.456–$1.486 billion, with Adjusted EBITDA guidance increased to $127–$131 million and Non-GAAP EPS guidance raised to $0.89–$0.94.
**Strategic M&A and Capital Allocation:** The company completed the acquisition of Trak Racer for approximately $37 million and utilized its $136.2 million cash position to build $37 million in inventory ahead of Q4 seasonal demand.
**Future Outlook:** Management expects Q4 Adjusted EBITDA to decline YoY due to memory gross margin normalization to 18–20%, while AI workstation revenue is projected to begin contributing in late 2027 pending semiconductor availability.