TacticScaleWhat Corsair Gaming Does & How It Makes Money (CRSR)
Updated October 2026 · reflects Corsair Gaming's latest reported financials
Maker of gaming and streaming gear, PC components, and gaming PCs. Corsair earns most of its revenue by selling hardware through online retailers, physical stores, distributors, and its own direct-to-consumer channels.
How Corsair Gaming makes money
Corsair earns most of its revenue by selling hardware through online retailers, physical stores, distributors, and its own direct-to-consumer channels. Its iCUE and Elgato software platforms and digital services support these products and keep customers using the brand.
What Corsair Gaming does
Corsair Gaming, founded in 1994 and headquartered in Milpitas, California, makes hardware for PC gamers and streamers. It has two segments. Gamer and Creator Peripherals includes keyboards, mice, headsets, controllers, and Elgato creator products such as Stream Decks, microphones, Facecam cameras, and teleprompters, plus sim racing gear and gaming furniture. Gaming Components and Systems includes power supplies, cooling, cases, DRAM memory, pre-built and custom gaming PCs and laptops, and AI workstations. Software ties the hardware together: iCUE controls gaming devices and Elgato's streaming suite serves creators. Corsair sells worldwide through e-retail, retail, distributors, and its own direct-to-consumer channels, across North America, Europe, the Middle East, North Africa, Latin America, and Asia Pacific.
Products & services
- Gaming keyboards, mice & headsets
- Elgato Stream Deck & Facecam
- iCUE software
- PC power supplies, cooling & cases
- DRAM memory modules
- Pre-built & custom gaming PCs
What is Corsair Gaming worth?
On an owner-earnings DCF, Corsair Gaming's most-likely value is about $17 versus a recent price near $14 (23% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$10) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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