Corsair Gaming, Inc. (CRSR): history, ownership, mission, how it works & makes money

Corsair Gaming, Inc. (CRSR): history, ownership, mission, how it works & makes money

US | Technology | Computer Hardware | NASDAQ

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A Brief History of Corsair Gaming, Inc. (CRSR)

Company Overview

Corsair Gaming, Inc. is a technology company headquartered in Fremont, California, founded in 1994.

Financial Performance

Fiscal Year Revenue Net Income
2022 $1.824 billion $68.56 million
2023 $1.644 billion $37.1 million

Stock Performance

NASDAQ ticker symbol: CRSR

Stock price as of January 2024: $14.37

Product Categories

  • Gaming Peripherals
  • PC Components
  • Gaming Accessories
  • Memory and Storage Solutions

Market Position

Corsair holds approximately 25% market share in the gaming peripherals segment.

Key Operational Metrics

Metric Value
Total Employees 1,200
Global Presence Operations in 11 countries
Product SKUs Over 500


A Who Owns Corsair Gaming, Inc. (CRSR)

Major Shareholders

The Vanguard Group, Inc. 8.54%
BlackRock Inc. 6.97%
Renaissance Technologies LLC 4.41%
PRIMECAP Management Company 4.24%

Institutional Ownership

Total institutional ownership as of Q4 2023: 59.37%

Insider Ownership

  • Andy Paul (CEO and Director): 0.45%
  • Michael Potter (CFO): 0.22%
  • Total insider ownership: 0.89%

Private Equity Ownership

EagleTree Capital: Majority ownership stake after acquiring the company in 2017

Public Float

Total public float: 40.63%

Stock Information

Ticker Symbol CRSR
Exchange NASDAQ
Market Capitalization $1.02 billion


Corsair Gaming, Inc. (CRSR) Mission Statement

Company Overview

Corsair Gaming, Inc. (NASDAQ: CRSR) is a technology company headquartered in Fremont, California, with annual revenue of $2.07 billion as of 2023.

Mission Statement Components

  • Develop high-performance gaming hardware and peripherals
  • Provide innovative technology solutions for gamers and content creators
  • Deliver premium quality computer components

Financial Performance

Metric 2023 Value
Annual Revenue $2.07 billion
Gross Margin 27.4%
Net Income $27.3 million
Market Capitalization $1.2 billion

Product Categories

  • Gaming peripherals
  • PC components
  • Gaming systems
  • Streaming equipment

Strategic Focus Areas

Key strategic priorities include:

  • Expanding gaming hardware ecosystem
  • Enhancing technological innovation
  • Developing premium gaming solutions


How Corsair Gaming, Inc. (CRSR) Works

Company Overview

Corsair Gaming, Inc. is a technology company headquartered in Fremont, California. Founded in 1994, the company specializes in high-performance gaming peripherals, components, and systems.

Product Categories

  • Gaming Peripherals
  • PC Components
  • Gaming Systems
  • Streaming Equipment

Financial Performance

Fiscal Year Revenue Net Income
2022 $1.82 billion $25.1 million
2023 (Q3) $331.7 million $1.4 million

Market Position

Corsair trades on NASDAQ under ticker CRSR. As of January 2024, the company's market capitalization is approximately $670 million.

Key Business Segments

Segment Percentage of Revenue
Gaming Peripherals 45%
PC Components 35%
Pre-built Systems 20%

Employee Information

As of 2023, Corsair employs approximately 1,200 people globally.

Stock Performance

Metric Value
Stock Price (January 2024) $12.35
52-Week Low $9.25
52-Week High $16.95

Manufacturing Locations

  • China
  • Taiwan
  • United States


How Corsair Gaming, Inc. (CRSR) Makes Money

Revenue Streams

Corsair Gaming, Inc. generates revenue through multiple product categories in the gaming and streaming hardware market.

Product Category Revenue Contribution
Gaming Peripherals $348.3 million (Q3 2023)
Gaming Systems $141.2 million (Q3 2023)
Components $117.5 million (Q3 2023)

Product Portfolio

  • Gaming Keyboards
  • Gaming Mice
  • Gaming Headsets
  • Gaming Chairs
  • Computer Memory
  • Power Supplies
  • PC Cases
  • Streaming Equipment

Financial Performance

Corsair reported $607 million total revenue for Q3 2023, representing a year-over-year decline of 6.1%.

Financial Metric Q3 2023 Value
Gross Profit $152.1 million
Net Income $14.2 million
Gross Margin 25.0%

Market Channels

  • Direct Online Sales
  • Retail Partnerships
  • E-commerce Platforms
  • Global Distributor Networks

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