Corsair Gaming Surges Over 50% After Q4 EPS Beat and $50M Buyback Announcement
Shares jumped over 50% after Corsair reported Q4 adjusted EPS of $0.43 versus $0.27 consensus and revenue of $436.9M topping $422M estimates. The company also raised full-year revenue 12% to $1.47B, announced a $50M buyback and guided 2026 sales of $1.33–1.47B below Street’s $1.59B forecast.
1. Q4 Financial Outperformance
Corsair’s Q4 adjusted EPS reached $0.43, beating consensus by $0.16, while revenue grew 6% year-over-year to $436.9 million, surpassing the $422 million estimate. Strong demand in the Gaming Components and Systems segment drove performance, particularly in high-performance memory products despite industry supply constraints.
2. Full-Year Results and Share Buyback
For fiscal 2025, revenue rose 12% to $1.47 billion and GAAP gross profit climbed 30% to $425.9 million, with adjusted EBITDA up approximately 84%. The company announced its inaugural $50 million share repurchase, underscoring management’s confidence in long-term growth prospects.
3. 2026 Guidance and Stock Reaction
Corsair provided fiscal 2026 sales guidance of $1.33 billion to $1.47 billion versus Street expectations around $1.59 billion, prompting investor debate over growth visibility. Shares surged over 50%, reflecting optimism from the earnings beat and buyback announcement despite cautious revenue outlook.