Corsair Gaming Inc. Reports 23% Revenue Increase in Q2 2025, Exceeding Expectations with Strong Profit Growth
Reuters
Aug 08
Corsair Gaming Inc. Reports 23% Revenue Increase in Q2 2025, Exceeding Expectations with Strong Profit Growth
Corsair Gaming Inc. (Nasdaq: CRSR) reported strong financial results for the second quarter ending June 30, 2025, with significant year-over-year growth. The company achieved a 23% increase in revenue, reaching $320 million compared to the same quarter in 2024. This performance was driven by broad-based demand across its entire product portfolio, reflecting Corsair's strengthened position in the gaming and content creator ecosystems. Despite external challenges, including a $1.4 million bad debt expense, Corsair successfully expanded its EBITDA. The company noted that it has mitigated or will soon mitigate the impact of new country-specific tariffs, resulting in a minimal net impact for the second quarter and no expected large net impact for the remainder of the year from known tariffs. For the full year 2025, Corsair reaffirmed its net revenue outlook, projecting revenues in the range of $1.4 billion to $1.6 billion. The company plans to provide an updated outlook for adjusted operating income and adjusted EBITDA later in the year, contingent upon macroeconomic factors and developments in global trade policy. Additionally, Corsair made an extra $24 million term loan repayment in the second quarter and proactively refinanced its existing revolving and term loan credit facility on favorable terms to support its growth strategy.
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