Corsair Gaming achieved its revenue and earnings targets for Q1 2025, driven by continued growth in the Gamer and Creator Peripherals segment and a rebound in the Gaming Components and Systems segment. The successful integration of Fanatec also contributed positively to the results.
Net revenue increased to $369.8 million in Q1 2025 from $337.3 million in Q1 2024, showing continued growth in peripherals and a rebound in components.
Adjusted net income rose to $12.3 million ($0.11 per diluted share) in Q1 2025, up from $9.5 million ($0.09 per diluted share) in Q1 2024.
Adjusted EBITDA improved to $22.6 million in Q1 2025, compared to $18.0 million in Q1 2024.
The successful initial integration of Fanatec into Corsair's systems led to improved product availability and customer experience.
Corsair expects continued year-over-year growth in the self-built PC market in Q2, assuming no major tariff disruptions or consumer slowdowns. The company is not reaffirming its full-year 2025 guidance due to tariff uncertainties but remains on track to achieve previously issued guidance if current conditions hold.
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