Corsair Gaming Inc (CRSR)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 360,263 | 355,446 | 337,653 | 291,280 | 296,632 | 320,588 | 350,390 | 444,282 | 513,854 | 545,840 | 572,422 |
| Revenue (ttm) | US$ in thousands | 1,459,875 | 1,441,319 | 1,389,895 | 1,348,371 | 1,375,098 | 1,486,990 | 1,566,342 | 1,755,337 | 1,904,060 | 1,949,777 | 2,015,759 |
| Gross profit margin | 24.68% | 24.66% | 24.29% | 21.60% | 21.57% | 21.56% | 22.37% | 25.31% | 26.99% | 27.99% | 28.40% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $360,263K ÷ $1,459,875K
= 24.68%
Corsair Gaming Inc's gross profit margin has displayed some fluctuations over the past eight quarters. The company's gross profit margin ranged between 21.57% and 25.31% during this period, with the highest margin recorded in Q1 2022 and the lowest in Q1 2023.
Overall, the company's gross profit margin has been relatively stable, hovering around the mid-20% range. This indicates that Corsair Gaming has been effective in managing its cost of goods sold and generating profits from its sales. It is essential for the company to continue monitoring and optimizing its cost structure to maintain and potentially improve its gross profit margin in the future.
Peer comparison
Dec 31, 2023