Corsair Gaming Inc (CRSR)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 327,597 | 360,263 | 296,632 | 513,854 | 465,429 |
| Revenue | US$ in thousands | 1,316,380 | 1,459,880 | 1,375,100 | 1,904,060 | 1,702,370 |
| Gross profit margin | 24.89% | 24.68% | 21.57% | 26.99% | 27.34% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $327,597K ÷ $1,316,380K
= 24.89%
Corsair Gaming Inc's gross profit margin has exhibited fluctuations over the years, as indicated by the data provided. As of December 31, 2020, the gross profit margin stood at 27.34%, slightly decreasing to 26.99% by December 31, 2021. A more significant decline was observed by the end of December 31, 2022, where the margin dropped to 21.57%.
However, there was a partial recovery in December 31, 2023, with the gross profit margin improving to 24.68%, and a further increment to 24.89% by December 31, 2024. These fluctuations may suggest changes in the company's cost structure, pricing strategy, or operational efficiency over the years.
It is essential for Corsair Gaming Inc to monitor and analyze these variations in the gross profit margin closely to ensure sustainable profitability and competitiveness in the market. Further investigation into the factors influencing these fluctuations can help the company make informed decisions to optimize its profitability levels.
Peer comparison
Dec 31, 2024