Corsair Gaming, Inc. (CRSR) Key Metrics
CRSR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.38B
- Enterprise value
- $1.46B
- P/E (TTM)
- 41.3
- Forward P/E
- 17.3
- PEG ratio
- —
- Price / sales
- 1.0 10-yr median 1.0
- Price / book
- 2.2 10-yr median 2.2
- EV / EBITDA
- 14.5 10-yr median 18.1
- Dividend yield
- —
- Beta
- 1.86
CRSR key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCRSR valuation Price multiples at each fiscal year-end price.
CRSR returns How much profit the business earns on the capital it uses.
CRSR per-share figures Results divided by the shares outstanding at year-end.
CRSR financial health Debt, liquidity and how easily interest is covered.
CRSR efficiency & capital use Working capital cycle and where the cash goes.
CRSR valuation history
CRSR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CRSR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CRSR cash returned to shareholders
CRSR price vs earnings per share
CRSR key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $629.7M | $688.5M | $1.50B | $1.31B | $2.10B | $3.33B | — | — | — | — |
| Enterprise value | $652.4M | $818.6M | $1.57B | $1.45B | $2.35B | $3.55B | — | — | — | — |
| P/E ratio | — | — | — | — | 20.8 | 32.3 | — | — | — | — |
| Price / sales | 0.4 | 0.5 | 1.0 | 1.0 | 1.1 | 2.0 | — | — | — | — |
| Price / book | 1.0 | 1.1 | 2.2 | 2.1 | 3.7 | 7.6 | — | — | — | — |
| Price / free cash flow | 18.1 | 26.5 | 19.6 | 32.6 | 227.9 | 20.8 | — | — | — | — |
| Price / operating cash flow | 12.6 | 19.2 | 16.8 | 19.7 | 104.1 | 19.7 | — | — | — | — |
| EV / sales | 0.4 | 0.6 | 1.1 | 1.1 | 1.2 | 2.1 | — | — | — | — |
| EV / EBITDA | 12.7 | 237.5 | 24.3 | — | 13.6 | 18.1 | — | — | — | — |
| EV / free cash flow | 18.8 | 31.4 | 20.5 | 36.2 | 254.6 | 22.2 | — | — | — | — |
| Earnings yield | −2.0% | −12.4% | −0.2% | −4.2% | 4.8% | 3.1% | — | — | — | — |
| Free cash flow yield | 5.5% | 3.8% | 5.1% | 3.1% | 0.4% | 4.8% | — | — | — | — |
| Dividend yield | — | 0.8% | — | 0.3% | 0.7% | 0.0% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | — | 0.8% | 0.1% | 0.4% | 0.7% | 0.0% | — | — | — | — |
| Share price at fiscal year-end | $5.94 | $6.61 | $14.10 | $13.57 | $21.01 | $36.22 | — | — | — | — |
| Per share | ||||||||||
| Revenue per share | $13.89 | $12.64 | $13.74 | $14.28 | $19.04 | $18.52 | $11.95 | $6.20 | $5.70 | $6.48 |
| Earnings per share | −$0.12 | −$0.82 | −$0.02 | −$0.56 | $1.01 | $1.12 | −$0.09 | −$0.09 | $0.08 | $0.32 |
| Operating cash flow per share | $0.47 | $0.34 | $0.84 | $0.69 | $0.20 | $1.84 | $0.40 | $0.00 | −$0.02 | $0.33 |
| Free cash flow per share | $0.33 | $0.25 | $0.72 | $0.42 | $0.09 | $1.74 | $0.31 | −$0.05 | −$0.06 | $0.28 |
| Cash per share | $0.93 | $1.03 | $1.65 | $1.57 | $0.62 | $1.41 | $0.52 | $0.17 | $0.13 | $0.53 |
| Book value per share | $5.98 | $5.80 | $6.28 | $6.48 | $5.68 | $4.76 | $2.36 | $1.08 | $1.67 | $0.35 |
| Tangible book value per share | $1.42 | $0.82 | $1.17 | $0.62 | $0.25 | −$1.47 | −$4.21 | −$2.06 | −$1.38 | $0.35 |
| Dividends per share | — | $0.06 | — | $0.04 | $0.14 | $0.00 | $0.95 | $0.56 | $0.57 | — |
| Capex per share | $0.15 | $0.09 | $0.12 | $0.27 | $0.11 | $0.10 | $0.10 | $0.06 | $0.04 | $0.04 |
| Debt per share | $1.14 | $2.28 | $2.32 | $3.07 | $3.08 | $3.79 | $5.51 | $2.80 | $1.90 | $0.77 |
| Shares outstanding | 106.0M | 104.2M | 106.3M | 96.3M | 100.0M | 91.9M | 91.8M | 151.2M | 150.0M | 91.8M |
| Change in shares outstanding | +1.8% | −2.0% | +10.4% | −3.7% | +8.8% | +0.1% | −39.2% | +0.8% | +63.3% | 0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −2.0% | −13.4% | −0.4% | −9.1% | 20.1% | 31.6% | −4.4% | −6.6% | 8.3% | 89.8% |
| Return on invested capital (ROIC) | 0.2% | −5.4% | 1.0% | −5.5% | 16.5% | 20.1% | 3.0% | 3.2% | 11.6% | 62.3% |
| Return on assets (ROA) | −1.0% | −6.6% | −0.2% | −4.1% | 7.6% | 8.7% | −0.9% | −1.8% | 2.4% | 12.2% |
| Return on tangible assets | −1.6% | −11.9% | −0.3% | −7.4% | 12.7% | 13.9% | −1.8% | −4.1% | 4.3% | 12.2% |
| Free cash flow margin | 2.4% | 2.0% | 5.2% | 2.9% | 0.5% | 9.4% | 2.6% | −0.8% | −1.1% | 4.4% |
| Income quality (OCF / net income) | — | — | — | — | 0.20 | 1.64 | — | — | −0.25 | 1.03 |
| Financial health | ||||||||||
| Total debt | $121.3M | $237.0M | $246.5M | $295.2M | $308.3M | $348.0M | $505.8M | $422.7M | $284.3M | $71.0M |
| Cash & short-term investments | $98.6M | $107.0M | $175.6M | $151.2M | $62.4M | $129.5M | $48.2M | $25.6M | $19.0M | $49.0M |
| Net debt | $22.8M | $130.0M | $70.9M | $144.0M | $245.8M | $218.5M | $457.6M | $397.1M | $265.3M | $21.9M |
| Debt / equity | 0.19 | 0.39 | 0.37 | 0.47 | 0.54 | 0.80 | 2.33 | 2.60 | 1.13 | 2.19 |
| Debt / assets | 0.10 | 0.19 | 0.18 | 0.23 | 0.23 | 0.26 | 0.48 | 0.52 | 0.39 | 0.30 |
| Net debt / EBITDA | 0.44 | 37.73 | 1.10 | — | 1.43 | 1.11 | 7.67 | 6.78 | 6.25 | 0.50 |
| Current ratio | 1.54 | 1.57 | 1.70 | 1.82 | 1.58 | 1.37 | 1.43 | 1.44 | 1.68 | 1.66 |
| Quick ratio | 0.84 | 0.92 | 1.13 | 1.25 | 0.91 | 0.92 | 0.93 | 0.76 | 0.94 | 0.99 |
| Interest coverage | 0.2 | -3.8 | 0.6 | -5.7 | 10.8 | 5.1 | 0.7 | 0.7 | — | — |
| Working capital | $234.5M | $227.1M | $293.1M | $279.8M | $259.0M | $185.6M | $129.9M | $97.2M | $104.7M | $91.6M |
| Invested capital | $656.3M | $734.3M | $738.5M | $767.8M | $814.0M | $655.9M | $674.4M | $559.8M | $516.1M | $54.3M |
| Tangible asset value | $162.8M | $100.9M | $151.3M | $91.4M | $25.4M | −$134.7M | −$387.0M | −$311.8M | −$207.4M | $32.4M |
| Net current asset value | $57.4M | $7.0M | $48.1M | −$19.0M | −$63.4M | −$185.8M | −$413.1M | −$332.0M | −$221.4M | $24.6M |
| Graham number | — | — | — | — | $11.36 | $10.96 | — | — | $1.72 | $1.59 |
| Graham net-net per share | −$1.72 | −$2.07 | −$1.67 | −$2.26 | −$3.39 | −$4.50 | −$6.18 | −$3.02 | −$2.09 | −$0.53 |
| Capital allocation | ||||||||||
| Dividends paid | — | $5.8M | — | $4.3M | $14.5M | $0 | $87.0M | $85.0M | $85.0M | — |
| Share buybacks (net) | — | — | $1.4M | $1.5M | $397,000 | $0 | $1.5M | $0 | — | — |
| Dividend payout ratio | — | — | — | — | 14.3% | 0.0% | — | — | 724.4% | — |
| Dividends + buybacks / free cash flow | — | 22.3% | 1.8% | 14.6% | 161.3% | 0.0% | 315.3% | — | — | — |
| Capex / revenue | 1.0% | 0.7% | 0.9% | 1.9% | 0.6% | 0.5% | 0.8% | 0.9% | 0.8% | 0.7% |
| Capex / operating cash flow | 30.7% | 27.5% | 14.3% | 39.6% | 54.3% | 5.3% | 24.3% | 1,977.5% | — | 13.3% |
| Capex / depreciation | 0.28 | 0.19 | 0.25 | 0.49 | 0.24 | 0.21 | 0.24 | 0.23 | 0.47 | 1.19 |
| Stock-based compensation / revenue | 2.2% | 2.3% | 2.1% | 1.6% | 0.9% | 0.3% | 0.4% | 0.3% | 0.4% | 0.2% |
| R&D / revenue | 4.7% | 5.1% | 4.5% | 4.8% | 3.2% | 2.9% | 3.4% | 3.4% | 2.5% | 2.5% |
| SG&A / revenue | 24.1% | 23.6% | 19.5% | 20.7% | 16.6% | 15.1% | 14.9% | 14.8% | 5.4% | 13.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 56.1 | 65.4 | 61.1 | 69.9 | 56.1 | 53.2 | 54.0 | 47.2 | 43.1 | 50.2 |
| Days of inventory on hand | 98.2 | 92.3 | 71.8 | 83.1 | 68.8 | 55.6 | 62.7 | 64.3 | 56.2 | 74.0 |
| Days payables outstanding | 73.2 | 82.5 | 68.4 | 69.1 | 70.3 | 71.1 | 70.4 | 67.7 | 62.2 | 85.1 |
| Cash conversion cycle (days) | 81.1 | 75.2 | 64.6 | 84.0 | 54.6 | 37.7 | 46.3 | 43.8 | 37.1 | 39.1 |
| Receivables turnover | 6.51 | 5.58 | 5.97 | 5.22 | 6.51 | 6.86 | 6.76 | 7.74 | 8.47 | 7.27 |
| Payables turnover | 4.99 | 4.42 | 5.34 | 5.28 | 5.19 | 5.14 | 5.18 | 5.39 | 5.87 | 4.29 |
| Inventory turnover | 3.72 | 3.95 | 5.08 | 4.39 | 5.30 | 6.56 | 5.82 | 5.67 | 6.49 | 4.93 |
| Asset turnover | 1.18 | 1.02 | 1.10 | 1.04 | 1.44 | 1.43 | 1.17 | 1.22 | 1.77 | 2.50 |
| Average receivables | $226.3M | $236.0M | $244.5M | $263.5M | $292.5M | $248.0M | $162.2M | $121.1M | $101.0M | $81.9M |
| Average payables | $209.9M | $223.6M | $206.0M | $204.1M | $267.9M | $240.8M | $168.4M | $138.2M | $114.4M | $107.3M |
| Average inventory | $281.7M | $250.1M | $216.4M | $245.5M | $262.2M | $188.5M | $150.0M | $131.3M | $103.4M | $93.3M |
| Intangibles / total assets | 38.5% | 42.0% | 40.0% | 43.5% | 40.6% | 43.5% | 57.0% | 58.5% | 62.7% | 0.0% |
Computed from CRSR's annual financial statements (latest annual report filed February 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CRSR valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 41.3 and the forward P/E is 17.3. Corsair Gaming earned a return on equity of −2.0% and a return on invested capital of 0.2% in fiscal 2025. It ended the year with $121.3 million of debt and $98.6 million in cash and short-term investments, net debt of $22.8 million. The share count rose 15.4% from 91.8M to 106.0M over 9 years.
See the CRSR income statement, the CRSR chart for price history, or the CRSR stock overview for the latest quote and news.
CRSR key metrics FAQ
What is Corsair Gaming's P/E ratio?
Corsair Gaming's trailing P/E ratio is 41.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 17.3. At the end of fiscal 2025 it was —.
What is Corsair Gaming's EV/EBITDA?
Corsair Gaming's enterprise value was 12.7 times EBITDA at the end of fiscal 2025 (enterprise value $652.4 million, EBITDA $51.4 million); the current EV/EBITDA is 14.5.
What is Corsair Gaming's return on equity?
Corsair Gaming's return on equity (ROE) was −2.0% in fiscal 2025: net income of -$12.5 million on average shareholders' equity of $618.9 million.
What is Corsair Gaming's ROIC?
Corsair Gaming's return on invested capital was 0.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Corsair Gaming have?
Corsair Gaming had total debt of $121.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.19 and $22.8 million of net debt (0.44 times EBITDA).
What is Corsair Gaming's free cash flow yield?
Corsair Gaming generated $34.7 million of free cash flow in fiscal 2025, a free cash flow yield of 5.5% on its market value at year-end ($629.7 million).
What is Corsair Gaming's current ratio?
Corsair Gaming's current ratio was 1.54 at the end of fiscal 2025: current assets were 1.54 times current liabilities.