Corsair Stock Falls Below $5 Ahead of Earnings
6 February 2026 at 00:13
Corsair has been listed on Nasdaq since September 2020, when the company made an IPO at $17 per share. However, the company, which is a gaming staple, has now fallen to a measly sub-$5 range for the first time. Just days ahead of its full-year earnings and Q4 2025 results scheduled for February 12, Corsair is trading at $4.80 with a market capitalization of $504.63 million. During the first three months of its public listing, the stock reached an all-time high of $51.37, and the price has been in free fall since. This represents a 90% market value reduction over nearly five and a half years.
For the previous Q3 2025 report, the company reported a year-over-year revenue increase of 14% to $345.8 million, with projections for a full-year outlook being $1.425 billion to $1.475 billion, and adjusted operating income in the range of $76 million to $81 million. However, since the stock is now falling, we can expect that the earnings will possibly be at the lower end of the range. Interestingly, Corsair is one of the few publicly listed companies with revenues exceeding its market capitalization. This indicates that the company is capturing a significant revenue share among PC enthusiasts, but its operating costs are very high, and the business is net profit margin negative, which is a massive concern for investors using their hard-earned funds.
For the previous Q3 2025 report, the company reported a year-over-year revenue increase of 14% to $345.8 million, with projections for a full-year outlook being $1.425 billion to $1.475 billion, and adjusted operating income in the range of $76 million to $81 million. However, since the stock is now falling, we can expect that the earnings will possibly be at the lower end of the range. Interestingly, Corsair is one of the few publicly listed companies with revenues exceeding its market capitalization. This indicates that the company is capturing a significant revenue share among PC enthusiasts, but its operating costs are very high, and the business is net profit margin negative, which is a massive concern for investors using their hard-earned funds.