Corsair Gaming posts Q2 2026 record gross margin, adjusted EBITDA $30.8M and net income $9.1M 1 min read Corsair Gaming reported strong second-quarter 2026 results, with net revenue of $314.3 million, GAAP net income of $9.1 million and record quarterly gross margin of 33.2%. The company recorded adjusted EBITDA of $30.8 million and non-GAAP diluted EPS of $0.23, driven in part by a tariff-refund benefit. Management updated third-quarter and full-year 2026 guidance, raising midpoint revenue and adjusted EBITDA expectations. Financial Highlights - Net revenue: $314.3 million for Q2 2026 (vs. $320.1 million in Q2 2025). - Gross profit: $104.3 million; gross margin: 33.2% (record quarterly gross margin). - Operating income (GAAP): $7.6 million (improved from an operating loss of $16.9 million a year ago). - Net income (GAAP): $9.1 million; GAAP diluted EPS: $0.06. Excluding tariff refund, net loss would have been $5.7 million and GAAP diluted loss per share $(0.07). - Adjusted EBITDA (Non-GAAP): $30.8 million; adjusted diluted EPS (Non-GAAP): $0.23. Business Highlights - Gamer and Creator Peripherals revenue grew 13% year-over-year to $115.9 million, driven by peripherals, streaming components and Sim Racing solutions. - Elgato and Stream Deck ecosystem expansion: Marketplace strong growth (over 100% in gross revenue and transaction volume in H1 2026) and 500,000+ new accounts added; AI-assisted development accelerating third-party content creation. - Fanatec momentum in Sim Racing contributed to double-digit segment revenue growth and higher-than-average gross margins, supported by expanded distribution and direct-to-consumer engagement. - Completed acquisition of Trak Racer (Aug 3, 2026) to extend Sim Racing product range and direct-to-consumer reach; Trak Racer founder joined as Sim Solutions CTO. - Gaming Components and Systems: revenue declined 9% to $198.5 million amid elevated memory pricing affecting DIY PC demand, while Systems demand (including AI workstation efforts) remained solid with ongoing positioning for desktop AI