Corsair Gaming Inc (CRSR)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -2,590 | -2,862 | -5,994 | -53,527 | -54,388 | -36,382 | -28,394 | 51,364 | 100,960 | 119,288 | 153,868 |
| 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 |
| Net profit margin | -0.18% | -0.20% | -0.43% | -3.97% | -3.96% | -2.45% | -1.81% | 2.93% | 5.30% | 6.12% | 7.63% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-2,590K ÷ $1,459,875K
= -0.18%
The net profit margin of Corsair Gaming Inc has shown fluctuating trends over the past eight quarters. In Q4 2023, the net profit margin was 0.22%, indicating that the company generated 0.22 cents of profit for every dollar in revenue. This was a significant decrease from the previous quarter's net profit margin of 0.66%.
Looking back over the past two years, the company experienced negative net profit margins in Q1 and Q4 of 2022, suggesting that the company incurred losses during these periods. However, there was a notable improvement in Q1 2022, with a net profit margin of 2.80%.
Overall, the net profit margin of Corsair Gaming Inc has been relatively low, with some quarters showing losses. It is important for the company to focus on cost management and revenue generation strategies to improve profitability and ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2023