Corsair Gaming reported strong second-quarter results with gross profit rising 21% year over year to $104.3 million, driven by a record gross margin of 33.2%.

The company raised its full-year 2026 outlook, now expecting net revenue between $1.40 billion and $1.47 billion. Adjusted EBITDA guidance was increased to $121 million to $131 million, reflecting improved operational performance and strategic acquisitions.

Segment Performance

The Gamer and Creator Peripherals segment emerged as the primary growth driver, with revenue growing 13% year over year to $115.9 million. Gross profit in this segment surged 27% to $52 million, with margins expanding to 44.9% from 40% a year ago. This improvement was attributed to the success of Fanatec SIM racing products and new launches.

Conversely, the Gaming Components and Systems segment saw revenue decline 9% year over year to $198.5 million. Management attributed this drop to elevated memory pricing delaying DIY PC builds. Despite lower top-line figures, segment gross profit increased 17% to $52.2 million, with gross margin expanding 570 basis points to 26.3% due to strong memory supply chain execution and share gains.

What the Numbers Show

A significant portion of the reported profitability was driven by a non-recurring item. Corsair recognized a $15.6 million benefit to GAAP gross profit from tariff refunds under the International Emergency Economic Powers Act. This refund contributed approximately 500 basis points to the gross margin and $14.3 million to adjusted EBITDA. Excluding this one-time benefit, GAAP net income would have been a loss of $5.7 million, and adjusted EBITDA would have been $16.6 million. While still above guided ranges, the underlying operational profitability is notably thinner than the headline figures suggest.

Strategic Developments and Guidance

Direct-to-consumer (D2C) sales accounted for 20% of total revenue, a channel management highlighted for its superior unit economics and customer data insights. The company also announced the acquisition of Track Racer to strengthen its SIM racing portfolio and made a minority investment in Bitfocus to expand Elgato's professional workflow capabilities.

Operating cash flow grew 148% year over year to $74.8 million, resulting in a net cash position of approximately $75.1 million at quarter-end. For the third quarter of 2026, Corsair expects net revenue between $320 million and $350 million, with adjusted EBITDA ranging from $18 million to $21 million. Management cited upcoming gaming releases, including GTA 6, and continued momentum in Fanatec and Elgato Marketplace as key catalysts for the second half of the year.

Corsair (NASDAQ: CRSR) has launched VOXARA, its first premium USB gaming condenser microphone. The device combines Corsair hardware with Elgato’s Wave Link software to deliver studio-grade vocals for gamers and streamers.

Product Specifications

VOXARA features a large 25mm condenser capsule engineered to capture voices with greater warmth and detail than standard-sized capsules. It records in 32-bit audio with a 192 kHz sample rate, providing a wide dynamic range to reduce clipping risk and improve transient response.

Software Integration

The microphone integrates seamlessly with Elgato Wave Link 3.0, allowing users to route mic, game audio, music, and chat into independent channels. It supports professional VST and AU plugins via the Elgato Marketplace.

Voice Focus, powered by ai|coustics, is built directly into Wave Link. This feature removes background noise, room echo, and reverb in real time without requiring additional downloads.

Hardware Controls

An integrated OLED screen displays headset volume, mic gain, balance, and mute status. A multi-function scroll wheel adjusts these settings on the fly, while a tap-to-mute sensor provides instant silencing with visual feedback.

The device includes an integrated shock mount and built-in pop filter to block desk vibrations and harsh plosives. A detachable aluminum stand and mounting adapters allow placement on desktops or standard boom arms.

Availability and Pricing

VOXARA is available immediately in Black and White through the Corsair Webstore and authorized retailers worldwide. It comes with a two-year warranty and support from Corsair’s global customer service network.

The microphone supports Windows, macOS, PlayStation 5, PlayStation 4, Nintendo Switch, and Nintendo Switch 2. Customizable RGB lighting can be synchronized across iCUE-compatible devices via iCUE Apps (Beta).