Corsair Posts Stronger Q2 2026 Profitability Despite Lower Revenue

Corsair said second-quarter 2026 gross profit rose 21% year over year to $104.3 million, while gross margin reached a record 33.2%. The company also swung to GAAP operating income of $7.6 million and net income of $9.1 million, versus losses a year earlier. Adjusted EBITDA climbed to $30.8 million, and operating cash flow rose 148% to $74.8 million, lifting cash and restricted cash to $193.9 million at quarter-end. Net revenue was $314.3 million, down 2% from a year earlier, though still above the midpoint of Corsair's prior guidance. Because Corsair serves performance PC builders and sells memory-related hardware alongside other enthusiast products, the results suggest stable demand and better margin discipline in the broader consumer hardware channel, but they do not by themselves signal a clear change in DRAM or SSD pricing.