Corsair Historical Income Statement
| CRSR Stock | USD 7.96 0.09 1.12% |
Historical analysis of Corsair Gaming income statement accounts such as Ebit of 13.2 M, Depreciation And Amortization of 48.6 M or Selling General Administrative of 248.6 M can show how well Corsair Gaming performed in making a profits. Evaluating Corsair Gaming income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Corsair Gaming's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Corsair Gaming latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Corsair Gaming is a good buy for the upcoming year.
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About Corsair Income Statement Analysis
Corsair Gaming Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Corsair Gaming shareholders. The income statement also shows Corsair investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Corsair Gaming Income Statement Chart
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Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Total Revenue
Total revenue comprises all receipts Corsair Gaming generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Corsair Gaming minus its cost of goods sold. It is profit before Corsair Gaming operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Corsair Gaming's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Corsair Gaming current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corsair Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Corsair Stock, please use our How to Invest in Corsair Gaming guide.At this time, Corsair Gaming's Interest Expense is relatively stable compared to the past year. As of 12/11/2024, Total Revenue is likely to grow to about 1.6 B, though Income Tax Expense is likely to grow to (2.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 513.9M | 296.6M | 360.3M | 376.4M | Total Revenue | 1.9B | 1.4B | 1.5B | 1.6B |
Corsair Gaming income statement Correlations
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Corsair Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Corsair Gaming income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 35.5M | 35.1M | 17.7M | 9.2M | 17.4M | 20.3M | |
| Net Income Applicable To Common Shares | (8.4M) | 103.2M | 101.0M | (60.9M) | (70.1M) | (66.6M) | |
| Income Tax Expense | (5.0M) | 18.8M | 13.6M | (9.8M) | (2.4M) | (2.3M) | |
| Ebit | 23.7M | 158.4M | 137.9M | (54.6M) | 13.9M | 13.2M | |
| Tax Provision | (5.0M) | 18.8M | 13.6M | (9.8M) | (1.6M) | (1.5M) | |
| Net Interest Income | (35.5M) | (35.1M) | (17.7M) | (9.2M) | (11.4M) | (11.9M) | |
| Depreciation And Amortization | 35.9M | 43.2M | 45.1M | 53.5M | 50.7M | 48.6M | |
| Selling General Administrative | 151.7M | 237.9M | 295.9M | 267.6M | 264.1M | 248.6M | |
| Total Revenue | 1.1B | 1.7B | 1.9B | 1.4B | 1.5B | 1.6B | |
| Gross Profit | 224.3M | 465.4M | 513.9M | 296.6M | 360.3M | 376.4M | |
| Other Operating Expenses | 1.1B | 1.5B | 1.8B | 1.4B | 1.5B | 1.5B | |
| Operating Income | 23.7M | 158.4M | 137.9M | (54.8M) | 9.7M | 9.2M | |
| Net Income From Continuing Ops | (8.4M) | 103.2M | 101.0M | (53.9M) | (1.5M) | (1.4M) | |
| Research Development | 37.5M | 50.1M | 60.3M | 66.5M | 65.3M | 57.1M | |
| Ebitda | 59.7M | 201.6M | 183.0M | (1.1M) | 64.6M | 75.5M | |
| Cost Of Revenue | 872.9M | 1.2B | 1.4B | 1.1B | 1.1B | 1.2B | |
| Total Operating Expenses | 200.6M | 307.1M | 376.0M | 351.4M | 350.6M | 322.0M | |
| Reconciled Depreciation | 37.5M | 43.2M | 45.1M | 53.5M | 49.9M | 48.7M | |
| Income Before Tax | (13.4M) | 122.0M | 114.6M | (63.8M) | (3.5M) | (3.3M) | |
| Total Other Income Expense Net | (37.1M) | (36.3M) | (23.3M) | (9.0M) | (13.2M) | (13.8M) | |
| Net Income | (8.4M) | 103.2M | 101.0M | (53.9M) | 3.2M | 3.0M |
Pair Trading with Corsair Gaming
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Corsair Gaming position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Corsair Gaming will appreciate offsetting losses from the drop in the long position's value.Moving together with Corsair Stock
Moving against Corsair Stock
The ability to find closely correlated positions to Corsair Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corsair Gaming when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Corsair Gaming - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Corsair Gaming to buy it.
The correlation of Corsair Gaming is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Corsair Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corsair Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Corsair Gaming can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Corsair Stock Analysis
When running Corsair Gaming's price analysis, check to measure Corsair Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corsair Gaming is operating at the current time. Most of Corsair Gaming's value examination focuses on studying past and present price action to predict the probability of Corsair Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsair Gaming's price. Additionally, you may evaluate how the addition of Corsair Gaming to your portfolios can decrease your overall portfolio volatility.