Corsair Gaming, Inc. (CRSR) Balance Sheet
CRSR balance sheet, 2025
December 31, 2025 · U.S. dollars$1.25B assets = $608.0M liabilities + $645.8M equity
Both columns are drawn to the same scale: what CRSR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CRSR financial health
Descriptive bands, not a rating. Fiscal 2025.
CRSR balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $238.2M2016 | $1.25B2025 | +20.3%/yr | |
| Total liabilities | $205.8M2016 | $608.0M2025 | +12.8%/yr | |
| Shareholders’ equity | $32.4M2016 | $633.6M2025 | +39.1%/yr | |
| Cash & short-term investments | $49.0M2016 | $98.6M2025 | +8.1%/yr | |
| Total debt | $71.0M2016 | $121.3M2025 | +6.1%/yr | |
| Net cash (debt) | −$21.9M2016 | −$22.8M2025 | −$814,000 | |
| Working capital | $91.6M2016 | $234.5M2025 | +$142.9M | |
| Book value per share | $0.352016 | $5.982025 | +36.9%/yr | |
| Current ratio | 1.662016 | 1.542025 | −0.12 | |
| Debt / equity | 2.192016 | 0.192025 | −2.00 | |
| Shares outstanding | 91.8M2016 | 106.0M2025 | +1.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CRSR assets
CRSR liabilities and equity
CRSR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CRSR balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $98.6M | $107.0M | $175.6M | $151.2M | $62.4M | $129.5M | $48.2M | $25.6M | $19.0M | $49.0M |
| Cash & equivalents | $98.6M | $107.0M | $175.6M | $151.2M | $62.4M | $129.5M | $48.2M | $25.6M | $19.0M | $49.0M |
| Short-term investments | — | — | — | — | $13.0M | — | — | — | — | — |
| Receivables | $233.9M | $218.6M | $253.3M | $235.7M | $291.3M | $293.6M | $202.3M | $122.0M | $120.2M | $81.9M |
| Inventory | $303.3M | $260.0M | $240.2M | $192.7M | $298.3M | $226.0M | $151.1M | $149.0M | $113.5M | $93.3M |
| Other current assets | $29.6M | $37.8M | $42.5M | $43.2M | $53.8M | $41.8M | $28.2M | $19.6M | $5.7M | $6.2M |
| Total current assets | $665.5M | $623.4M | $711.6M | $622.8M | $705.8M | $691.0M | $429.8M | $316.3M | $258.5M | $230.4M |
| Property, plant & equipment (net) | $89.1M | $82.3M | $68.5M | $80.1M | $68.2M | $42.5M | $15.4M | $12.5M | $9.1M | $5.4M |
| Goodwill & intangible assets | $483.0M | $518.5M | $542.7M | $564.0M | $542.8M | $572.1M | $603.8M | $474.5M | $458.3M | $19,000 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $16.2M | $11.6M | $34.6M | $30.3M | $20.7M | $8.6M | $10.8M | $7.7M | $4.9M | $2.4M |
| Total assets | $1.25B | $1.24B | $1.36B | $1.30B | $1.34B | $1.31B | $1.06B | $811.0M | $730.8M | $238.2M |
| Liabilities | ||||||||||
| Accounts payable | $212.5M | $207.2M | $240.0M | $172.0M | $236.1M | $299.6M | $182.0M | $154.8M | $121.5M | $107.3M |
| Short-term debt | $6.1M | $28.1M | $21.9M | $17.5M | $14.2M | $9.1M | $2.4M | $25.0M | −$2.3M | $1.3M |
| Deferred revenue | — | $7.3M | $7.4M | $6.3M | $6.7M | $9.8M | $4.2M | $4.6M | $4.8M | $4.8M |
| Total current liabilities | $430.9M | $396.3M | $418.5M | $343.0M | $446.7M | $505.4M | $299.9M | $219.1M | $153.7M | $138.8M |
| Long-term debt | $115.2M | $161.3M | $186.0M | $232.2M | $242.9M | $321.4M | $503.4M | $394.1M | $0 | $0 |
| Lease obligations | $69.2M | $63.5M | $48.3M | $56.5M | $51.2M | $9.1M | $0 | $0 | — | — |
| Other long-term liabilities | $61.9M | $58.8M | $59.0M | $66.6M | $79.6M | $50.0M | $39.6M | $35.1M | $326.1M | $67.0M |
| Total liabilities | $608.0M | $616.4M | $663.5M | $641.8M | $769.2M | $876.7M | $842.9M | $648.3M | $479.9M | $205.8M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $11,000 | $10,000 | $10,000 | $10,000 | $9,000 | $9,000 | $8,000 | $8,000 | $15,000 | $1,000 |
| Retained earnings (deficit) | −$71.2M | −$58.8M | $40.4M | $37.2M | $98.1M | −$2.8M | −$106.0M | −$93.2M | $1.9M | $35.4M |
| Accumulated other comprehensive income | −$585,000 | −$4.6M | −$3.5M | −$6.9M | −$340,000 | $1.5M | −$2.2M | −$2.4M | −$157,000 | $2.0M |
| Minority interest | $12.2M | $15.1M | $26.4M | $31.6M | — | — | — | — | — | — |
| Total shareholders' equity | $633.6M | $604.3M | $667.6M | $623.8M | $568.2M | $437.4M | $216.8M | $162.7M | $250.9M | $32.4M |
| Key figures | ||||||||||
| Total debt | $121.3M | $237.0M | $246.5M | $295.2M | $308.3M | $348.0M | $505.8M | $422.7M | $284.3M | $71.0M |
| Net cash (debt) | −$22.8M | −$130.0M | −$70.9M | −$144.0M | −$245.8M | −$218.5M | −$457.6M | −$397.1M | −$265.3M | −$21.9M |
| Working capital | $234.5M | $227.1M | $293.1M | $279.8M | $259.0M | $185.6M | $129.9M | $97.2M | $104.7M | $91.6M |
| Tangible book value | $150.6M | $85.8M | $124.9M | $59.8M | $25.4M | −$134.7M | −$387.0M | −$311.8M | −$207.4M | $32.4M |
| Book value per share | $5.98 | $5.80 | $6.28 | $6.48 | $5.68 | $4.76 | $2.36 | $1.08 | $1.67 | $0.35 |
| Shares outstanding | 106.0M | 104.2M | 106.3M | 96.3M | 100.0M | 91.9M | 91.8M | 151.2M | 150.0M | 91.8M |
| Current ratio | 1.54 | 1.57 | 1.70 | 1.82 | 1.58 | 1.37 | 1.43 | 1.44 | 1.68 | 1.66 |
| Quick ratio | 0.77 | 0.82 | 1.02 | 1.13 | 0.79 | 0.84 | 0.84 | 0.67 | 0.91 | 0.94 |
| Debt / equity | 0.19 | 0.39 | 0.37 | 0.47 | 0.54 | 0.80 | 2.33 | 2.60 | 1.13 | 2.19 |
| Equity / assets | 50.5% | 48.9% | 49.2% | 48.1% | 42.5% | 33.3% | 20.5% | 20.1% | 34.3% | 13.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $193.6M | $118.2M | $98.6M | $65.8M | $104.6M | $99.8M | $107.0M | $58.9M | $94.3M | $129.9M | $175.6M | $144.9M |
| Cash & equivalents | $193.6M | $118.2M | $98.6M | $65.8M | $104.6M | $99.8M | $107.0M | $58.9M | $94.3M | $129.9M | $175.6M | $144.9M |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | — | $28.8M |
| Receivables | $159.8M | $178.4M | $233.9M | $191.9M | $179.2M | $219.2M | $218.6M | $178.1M | $188.6M | $204.9M | $253.3M | $251.1M |
| Inventory | $264.5M | $273.5M | $303.3M | $314.5M | $295.6M | $276.8M | $260.0M | $293.0M | $265.5M | $251.7M | $240.2M | $235.6M |
| Other current assets | $28.9M | $29.4M | $29.6M | $35.5M | $37.8M | $37.5M | $37.8M | $41.5M | $31.2M | $34.6M | $42.5M | $47.8M |
| Total current assets | $646.8M | $599.4M | $665.5M | $607.7M | $617.2M | $633.4M | $623.4M | $571.6M | $579.6M | $621.2M | $711.6M | $679.4M |
| Property, plant & equipment (net) | $85.8M | $87.8M | $89.1M | $82.4M | $83.4M | $84.1M | $82.3M | $87.0M | $88.3M | $66.2M | $68.5M | $71.7M |
| Goodwill & intangible assets | $463.9M | $472.7M | $483.0M | $493.6M | $506.0M | $509.9M | $518.5M | $532.9M | $523.1M | $532.6M | $542.7M | $551.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $19.7M | $17.5M | $16.2M | $14.9M | $15.2M | $12.0M | $11.6M | $11.2M | $43.2M | $37.2M | $34.6M | $35.8M |
| Total assets | $1.22B | $1.18B | $1.25B | $1.20B | $1.22B | $1.24B | $1.24B | $1.20B | $1.23B | $1.26B | $1.36B | $1.34B |
| Liabilities | ||||||||||||
| Accounts payable | $178.8M | $157.6M | $212.5M | $246.2M | $257.7M | $240.1M | $207.2M | $190.6M | $167.6M | $191.4M | $240.0M | $215.5M |
| Short-term debt | $6.1M | $6.1M | $6.1M | $20.4M | $22.2M | $28.4M | $28.1M | $27.9M | $27.7M | $21.4M | $21.9M | $22.7M |
| Deferred revenue | — | — | — | $4.0M | $4.3M | $5.4M | $7.3M | $3.9M | $3.9M | $4.5M | $7.4M | $4.5M |
| Total current liabilities | $369.1M | $344.1M | $430.9M | $410.0M | $426.2M | $417.2M | $396.3M | $361.1M | $322.7M | $342.1M | $418.5M | $394.7M |
| Long-term debt | $112.2M | $113.7M | $115.2M | $116.8M | $118.3M | $136.4M | $161.3M | $165.0M | $168.1M | $171.1M | $186.0M | $210.6M |
| Lease obligations | $66.6M | $68.0M | $69.2M | $63.4M | $66.4M | $67.4M | $63.5M | $66.2M | $68.6M | $46.7M | $48.3M | $50.5M |
| Other long-term liabilities | $54.6M | $58.7M | $61.9M | $61.1M | $62.2M | $62.6M | $58.8M | $63.7M | $69.0M | $54.7M | $59.0M | $58.2M |
| Total liabilities | $551.4M | $516.5M | $608.0M | $587.9M | $606.7M | $616.2M | $616.4M | $589.8M | $559.8M | $567.9M | $663.5M | $663.5M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $11,000 | $11,000 | $11,000 | $11,000 | $11,000 | $11,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 |
| Retained earnings (deficit) | −$52.5M | −$59.4M | −$71.2M | −$95.4M | −$85.8M | −$68.8M | −$58.8M | −$60.1M | −$1.7M | $27.9M | $40.4M | $34.2M |
| Accumulated other comprehensive income | −$1.4M | −$1.5M | −$585,000 | −$373,000 | $885,000 | −$2.4M | −$4.6M | −$1.3M | −$4.8M | −$4.6M | −$3.5M | −$6.7M |
| Minority interest | $15.5M | $13.2M | $12.2M | $10.3M | $11.3M | — | — | — | — | — | — | — |
| Total shareholders' equity | $664.9M | $647.6M | $633.6M | $600.2M | $603.9M | $608.8M | $604.3M | $598.5M | $642.7M | $663.5M | $667.6M | $649.9M |
| Key figures | ||||||||||||
| Total debt | $118.3M | $6.1M | $121.3M | $186.2M | $190.8M | $216.1M | $237.0M | $243.5M | $248.9M | $230.0M | $246.5M | $273.2M |
| Net cash (debt) | $75.3M | $112.0M | −$22.8M | −$120.4M | −$86.1M | −$116.3M | −$130.0M | −$184.5M | −$154.6M | −$100.1M | −$70.9M | −$128.3M |
| Working capital | $277.7M | $255.3M | $234.5M | $197.7M | $191.1M | $216.2M | $227.1M | $210.4M | $256.9M | $279.1M | $293.1M | $284.7M |
| Tangible book value | $200.9M | $175.0M | $150.6M | $106.7M | $97.9M | $98.8M | $85.8M | $65.6M | $119.6M | $131.0M | $124.9M | $98.6M |
| Book value per share | $6.09 | $6.01 | $5.88 | $5.65 | $5.70 | $5.78 | $5.70 | $5.73 | $6.18 | $6.41 | $6.28 | $6.32 |
| Shares outstanding | 109.2M | 107.8M | 107.8M | 106.3M | 105.9M | 105.2M | 105.9M | 104.4M | 104.0M | 103.6M | 106.2M | 102.9M |
| Current ratio | 1.75 | 1.74 | 1.54 | 1.48 | 1.45 | 1.52 | 1.57 | 1.58 | 1.80 | 1.82 | 1.70 | 1.72 |
| Quick ratio | 0.96 | 0.86 | 0.77 | 0.63 | 0.67 | 0.76 | 0.82 | 0.66 | 0.88 | 0.98 | 1.02 | 1.00 |
| Debt / equity | 0.18 | 0.01 | 0.19 | 0.31 | 0.32 | 0.35 | 0.39 | 0.41 | 0.39 | 0.35 | 0.37 | 0.42 |
| Equity / assets | 54.7% | 55.0% | 50.5% | 50.1% | 49.4% | 49.1% | 48.9% | 49.8% | 52.1% | 52.8% | 49.2% | 48.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 25, 2026); data from EODHD.
CRSR financial position
At the end of fiscal 2025 (December 31, 2025), Corsair Gaming had total assets of $1.3 billion (up 1.5% from a year earlier), total liabilities of $608.0 million and shareholders' equity of $633.6 million. It held $98.6 million in cash and short-term investments against $121.3 million of debt, net debt of $22.8 million. Its current ratio was 1.54. In the latest quarter (ended June 30, 2026) total assets were $1.2 billion and equity $664.9 million.
Related: CRSR income statement, CRSR cash flow statement, CRSR key metrics. See the CRSR stock overview for the latest quote and news.
CRSR balance sheet FAQ
What are Corsair Gaming's total assets?
Corsair Gaming reported total assets of $1.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.2 billion a year earlier.
How much debt does Corsair Gaming have?
Corsair Gaming had $121.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.19.
How much cash does Corsair Gaming have?
Corsair Gaming held $98.6 million in cash and short-term investments at the end of fiscal 2025; with $121.3 million of debt that is net debt of $22.8 million.
What is Corsair Gaming's book value?
Corsair Gaming's shareholders' equity (book value) was $633.6 million at the end of fiscal 2025, or $5.98 per share.
What is Corsair Gaming's current ratio?
Corsair Gaming had current assets of $665.5 million and current liabilities of $430.9 million, a current ratio of 1.54 (it can cover its short-term obligations).
How much goodwill does Corsair Gaming have?
Corsair Gaming carried $483.0 million of goodwill and intangible assets, 38.5% of total assets, at the end of fiscal 2025.