Corsair Gaming, Inc. · NASDAQ:CRSR
Corsair Gaming — Q3 2026 Earnings Presentation
50 slides from Corsair Gaming's earnings presentation, Nov 5, 2026
Slide 1: Corsair Q3 Investor Presentation
PACORSAIR Q3 INVESTOR PRESENTATION WORLDS AHEAD NOVEMBER 2026
Slide 2: Disclaimer
DISCLAIMER Forward-Looking Statements This press release contains express and implied forward looking statements within the meaning ofthe Private Securities Litigation Reform Act of 1995, including, bu not limited o, statements cegarding the Company's financial ution forthe fourth quarter 2026 and t
Slide 3: Corsair at a Glance
CORSAIR AT A GLANCE Exhibit 99.2 +2% YOY Trailing 12-month REVENUE®) $1,473M Trailing 12-month GROSS PROFIT® $463M +19% YoY Trailing 12-month ADJUSTED EBITDA®@2)2) $128M +60% YoY Market Leader in Gamer + Creator Peripherals and Performance PC Ecosystem 70+ countries Products sold in Founded in 1994
Slide 4: One Platform. Every Pursuit.
One Platform. Every Pursuit. CORSAIR is building one platform for digital enthusiasts to play, create, train, and build. Our software and advance components let each customer tune performance to their own use case and scale up as their needs grow. Bh corn sneronmesoenon | novos
Slide 5: Powered By Passion. Dedicated To Play.
Powered By Passion. Dedicated To Play. CORSAIR’s mission is to design and deliver high-quality, high-performance PC components, streaming solution, and Sim Racing gear that empower gamers, creators, and builders worldwide. Exhibit 99.2
Slide 6: Quarter Highlights
QUARTER HIGHLIGHTS CORSAIR Q3 2026 $367.0M NET REVENUE, +6% YoY $17M above the high end of the guided range of $320M to $350M $97.8M GROSS PROFIT, +5% YoY First nine months of 2026 +13%, $318.1M $22.4M ADJUSTED EBITDA”, +38% YoY $1.4M above the high end of the guided range of $18.0M to $21.0M $0.13
Slide 7: Market Opportunity
MARKET OPPORTUNITY
Slide 8: Double-Digit TAM Growth in Our Core Markets
DOUBLE-DIGIT TAM GROWTH IN OUR CORE MARKETS Exhibit 99.2 The global high-performance gaming and creator products market is projected to grow at a ~16% CAGR from ‘24-30 Memory — Hardware Platform a (o) JO Demand for High-Perfi PC Hardware BB corns | novos $107bn (2024) Global Gaming RAM Market $10bn
Slide 9: Additional Growth Opportunities in Emerging Categories
Exhibit 99.2 ADDITIONAL GROWTH OPPORTUNITIES IN EMERGING CATEGORIES Broadcast Hardware Market CAGR: 6.8% $5.4bn Al Workstations CAGR: 42.8% $51bn KEY GROWTH DRIVERS | @ & © G&G & Al Workstations Modern Control for Sim Racing and Rising Demand on Sim Al Demand Acceleration Hardware Broadcasting Hardw
Slide 10: Financial Update
= = me FINANCIAL UPDATE
Slide 11: Q3 2026 - Solid Revenue and Profit Growth
Exhibit 99.2 Q3 2026 - SOLID REVENUE AND PROFIT GROWTH REVENUE GROSS PROFIT ADJUSTED EBITDA” ADJUSTED EPS (diluted) ® +6% YoY +5% YoY +38% YoY +$0.07 YoY $367.0M $97.8M $22.4M $0.13 $345.8 $3670 $304.2 $22.4 $16.2 $4.8 | a 4 |_| Q324 Q3e5 Q326 Q3 24 Q325 Q326 Revenue in $ Millions Adjusted EBITDA in
Slide 12: Gross Profit Expansion, Cost Control Drive Profit Growth
GROSS PROFIT EXPANSION, COST CONTROL DRIVE PROFIT GROWTH $1,441 91,460 $1,443 $1,449 $1,472 $1,457 $1,451 91.473 $128 393 $95 g93 $1,390 379 $1,408 $122 $1,348 g $1,349 $1,320 $1,316 $14 $101 les) | | | fy $80 $80 $74 $69 ah $59 $52 58 ' Q123 Q223 Q323 Q423 Ql24 224 Q324 Q424 Ql2s5 225 Q325 Q425 126
Slide 13: Growth in Higher Margin Gamer and Creator Peripherals
Exhibit 99.2 GROWTH IN HIGHER MARGIN GAMER AND CREATOR PERIPHERALS Q3 26 REVENUE +3% YoY $116.5M Q3 26 GROSS PROFIT +2% YoY $45.0M BR conan meson sation | nove $521 so73. $478 $486 $497 $492 ss03 $517 $440 BARR ara $393 ¢382 ¢376 @i23 Q223 323 Q423 Ql24 224 Q324 Q424 M25 Q225 Q325 Q425 QI26 Q226 Q32
Slide 14: Consistent Leadership in Gaming Components and Systems
Exhibit 99.2 CONSISTENT LEADERSHIP IN GAMING COMPONENTS AND SYSTEMS Q3 26 REVENUE +7% YoY $250.5M Q3 26 GROSS PROFIT +8% YoY $52.8M BR conan meson sation | nove qents $1,065 $1,065 5) 935 $956 $951 soze $952 $989 s954 035 $952 $880 $844 $871 @23 Q223 323 Q423 QI24 224 Q324 Q424 Qi25 Q225 Qs25 Q425 Q
Slide 15: Seven Consecutive Quarters of Progress
Exhibit 99.2 SEVEN CONSECUTIVE QUARTERS OF PROGRESS TTM Gamer and Creator Peripherals Segment Revenue Growth (in $ Millions) 517 497 521 7 473 492 47a 593 46 | 497 Qi Qi G2 G2 Q3 Q3 Q4 Q4 QI QI G2 Q2 Q3 Q3 24 25 24 25 24 25 24 25 25 26 25 26 25 26 Consistent growth in higher margin Gomer and Creator
Slide 16: Cash and Debt Summary
Exhibit 99.2 CASH AND DEBT SUMMARY Cash (Excluding restricted cash) $134.6 Term Loan (face value) $117.2 Total Debt $117.2 Net Debt -$17.4
Slide 17: Financial Guidance
Exhibit 99.2 FINANCIAL ~ GUIDANCE Eq ¢
Slide 18: Financial Guidance (Q4)
Exhibit 99.2 FINANCIAL GUIDANCE” Net Revenue $420 - $450 million Adjusted EBITDA $38 - $42 million Non-GAAP EPS $0.26 - $0.31 (1) Given the number of risk factors, uncertainties and assumptions, many of which are referenced in slide 2, actual results may differ materially. We do not intend to update
Slide 19: Financial Guidance (Full Year)
Exhibit 99.2 FINANCIAL GUIDANCE” Net Revenue $1.456 - $1.486 billion Adjusted EBITDA $127 - $131 million Non-GAAP EPS $0.89 - $0.94 (1) Given the number of risk factors, uncertainties and assumptions, many of which are referenced in slide 2, actual results may differ materially. We do not intend to
Slide 20: Business Update
fe. oN BUSINESS UPDATE
Slide 21: Exhibit 99.2
Exhibit 99.2
Slide 22: For gamers who want more customization
a For gamers who want more customization and immersive experience, we delivered a series of products. > SABRE v3 PRO with PureVector Built with Aimlabs. Mouse sensitivity is personalized to each player. In testing, accuracy and aim speed improved by up to 33%. » VOXARA A premium USB gaming microphon
Slide 23: SABRE v3 PRO
Exhibit 99.2 PACORSAIR SABRE v3 PRO ureVector improves aim speed by up to 81ms, 33% faster, ks in any game ulpted asymmetric right-hand form at 41g for elite FPS play ireless 8,000Hz hyper-polling with a best-in-class dic 54-series MCU R MARKSMAN X sensor with 42K DPI 5.8 PureVector CORSAIR- AIMLABS
Slide 24: PureVector: Personalized Aiming Technology
Exhibit 99.2 ‘ee pACORSAIR x ON aimiaBs AIMLABS PUREVECTOR: PERSONALIZED AIMING TECHNOLOGY » Developed with Aimlabs, PureVector is a patented, CORSAIR-exclusive technology that personalizes mouse sensitivity to compensate for individual aiming biases. Profiles save directly to the mouse for use in a
Slide 25: PureVector
Exhibit 99.2 PureVector PACORSAIR SABRE v3 PRO qT "With the light weight, excellent grip, and PureVector, aiming feels much easier v to control. | think it will be especially effective in FPS games, and I'm also looking forward to using it in League of Legends." - Raptor, MVP & Winner 2026 Demacia C
Slide 26: Corsair x Gumayusi
. e ‘ Exhibit 99.2 % ° wie Ne . e ° a a \ * * ( sol BACORSAIR X GUMAYUSI e PLL PROVE IT, EVERY GAME » Developed with three-time League of Legends World Champion Gumauusi, this limited-edition collection pairs his signature style with CORSAIR performance across the VANGUARD PRO 96 keyboard, SABRE v2
Slide 27: Corsair x ARC Raiders
Exhibit 99.2 pa&corsair x W\ARC Raiders CORSAIR x ARC RAIDERS GEAR UP TO GO TOPSIDE ) This officially licensed ARC RAIDERS collection unites CORSAIR, SCUF and Elgato with themed keyboards, mice, headsets, mouse pads, controllers and Stream Deck. » Qualifying purchases unlock exclusive in-game items,
Slide 28: SCUF Nemesis Pro
Exhibit 99.2 (S) SCUF NEMESIS PRO 8K PC WIRELESS PERFORMANCE CONTROLLER » Up to 8,000Hz polling in both 2.4GHz wireless and wired USB-C modes deliver ultra-responsive PC gaming with sub-1ms input performance >» TMR thumbsticks deliver smooth, precise control and are designed to resist the physical w
Slide 29: Exhibit 99.2
Exhibit 99.2
Slide 30: Create
CREATE For streamers and content creators who want to create anywhere, we expanded beyond the desk and into a new category with our first wireless mobile microphone. A clip-on and handheld mic in one system. Clip it to your shirt or slot it into the handle, and switch modes in seconds. No extra gear
Slide 31: Build and Compute
_ BUILD AND COMPUTE
Slide 32: Build and Compute
Exhibit 99.2 BUILD AND COMPUTE For enthusiasts building high-performance PCs and professionals running Al workloads, we delivered a new rugged steel PC case. » WARTHOG WARTHGOG is a rugged steel PC case inspired by the Vengeance C70, combining bold industrial styling with exceptional airflow, upgrad
Slide 33: The Corsair Advantage
2 . , Exhibit 99.2 THECORSAIR — ADVANTAGE
Slide 34: The Industry Is Evolving
THE INDUSTRY IS EVOLVING Gaming, creation and Al computing are converging into one digital workspace. Customers increasingly expect connected hardware, intelligent software and seamless workflows. The opportunity is expanding beyond gamers to creators, developers and Al early adopters.
Slide 35: Our Vision
Exhibit 99.2 OUR VISION CORSAIR is building the platform where digital enthusiasts play, create, train and build. < = , Our customers rely on high-performance al gone hardware, intelligent software and | ak immersive experiences to perform y®.- c at their best. > ¥ Our ecosystem and customizatio _ c
Slide 36: The Corsair Ecosystem
THECORSAIR. ECOSYSTEM
Slide 37: Four Corsair Customer Journeys
Exhibit 99.2 FOUR CORSAIR CUSTOMER JOURNEYS Powered by one connected ecosystem 6M PLAY @e CREATE &) TRAIN Pd BUILD & COMPUTE >» CORSAIR GAMING >» ELGATO > FANATEC >» CORSAIR COMPONENTS >» SCUF GAMING > TRAK RACER >» CORSAIR PRO > ORIGIN PC
Slide 38: The Corsair Platform
Exhibit 99.2 THE CORSAIR PLATFORM Each new product strengthens the value of the ecosystem. - a _f——ars i_ Creator A/V Solutions Sim Training Hardware (4% PERFORMANCE LAYER ®@ CONTROL LAYER @ INTELLIGENCE LAYER » Premium PC Components >» Stream Deck Eco System >» Al Workstations > Prebuilt Performanc
Slide 39: Diversified Portfolio of Leading Brands
Exhibit 99.2 DIVERSIFIED PORTFOLIO OF LEADING BRANDS Together, our brands form a powerful ecosystem for gamers, creators, and enthusiasts around the world. GAMING COMPONENTS AND SYSTEMS GAMER AND CREATOR PERIPHERALS BPACORSAIR BACORSAIR G elgato High-Performance PC Hardware for advance gaming and co
Slide 40: The Corsair Flywheel
Exhibit 99.2 THE CORSAIR FLYWHEEL Customer enters through 1 any of our categories. Al and seamless control deliver value. Connected software increases engagement. Higher loyalty and lifetime value drive sustainable growth. Cross-brand adoption expands the ecosystem.
Slide 41: The Stream Deck Control Ecosystem
S elgato Exhibit 99.2 THE STREAM DECK CONTROL ECOSYSTEM Small improvements build momentum over time, leading to accelerated growth. WHAT IS STREAM DECK? » Control software + visual hardware button interface 100%+ YoY in 1H26 » Customizable LCD key display - Elgato Marketplace Revenue & a a map any a
Slide 42: Elgato Marketplace
Exhibit 99.2 ELGATO MARKETPLACE Sx | 7 ‘SOFTWARE ELGATO ECOSYSTEM MARKETPLACE Elgato Marketplace is a flywheel and | | © Sx digital platform where Creators, Ss =e Streamers, YouTubers, and ewe Professionals discover and purchase thousands of plugins, overlays, and workflow tools that enhance their I
Slide 43: Trusted Brand
TRUSTED BRAND Our customers appreciate the value we deliver NPS SCORE* * BEST* 2026 a Score Range _ Label What It Means 70+ World-class The brand now has loyal fan base 50-70 Excellent The brand is delivering standout experiences 30-50 Great The brand is delighting customers consistently 20-30 Good
Slide 44: Over Awards for Innovation, Quality and Performance
Exhibit 99.2 OVER 100 AWARDS FOR INNOVATION, QUALITY AND PERFORMANCE Our award-winning product portfolio is consistently recognized by experts. EDITORS" i“ EDITORS’ CHOICE EDITORS «| ad 4 4 7 CHOICE bind PG epizons asowsreliDXX) [ronowaseliUXx) _ [rasowaneLUXX anowsreLUXX) —_nasowaseLUXX. SIGN
Slide 45: Appendix
— AER APPENDIX\». i comm vesonresomnon | eves
Slide 46: Use of Non-GAAP Financial Measures
Exhibit 99.2 USE OF NON-GAAP FINANCIAL MEASURES To supplement the financial results presented in accordance with GAAP, this presentation includes certain non-GAAP financial information, including Adjusted Operating Income (Loss), Adjusted EBITDA, Adjusted Net Income (Loss) and Adjusted Net Income (L
Slide 47: GAAP to Non-GAAP Reconciliations
Exhibit 99.2 GAAP TO NON-GAAP RECONCILIATIONS Non-GAAP Operating Income (Loss) Reconciliations (Unaudited, in thousands, except percentages) Three Months Ended September 30, 2026 2025 Operating income (loss) - GAAP 5 Gea (6,627) Amortization 8,917 10,110 Stock-based compensation 6,502 5,187 One-time
Slide 48: GAAP to Non-GAAP Reconciliations
Exhibit 99.2 GAAP TO NON-GAAP RECONCILIATIONS Non-GAAP Net Income (Loss) and Net Income (Loss) Per Share Reconciliations (Unaudited, in thousands, except per share amounts) Three Months Ended September 30, 2026 2025 Net income (loss) attributable to common stockholders of Corsair Gaming, Inc. $ (2,4
Slide 49: GAAP to Non-GAAP Reconciliations
Exhibit 99.2 GAAP TO NON-GAAP RECONCILIATIONS Adjusted EBITDA Reconciliations (Unaudited, in thousands, except percentages) Three Months Ended September 30, 2026 2025 Net income (loss) - GAAP $ (2,387) $ (10,392 ) Amortization 8,917 10,110 Stock-based compensation 6,502 5,187 One-time costs related
Slide 50: GAAP to Non-GAAP Reconciliations
GAAP TO NON-GAAP RECONCILIATIONS TTM ADJUSTED EBITDA RECONCILIATIONS (unaudited, in thousands) Quarterly Reconcliations Net income (loss) - GAAP. Amortization Stock-based compensation Restructuring and other charges ‘Acquisition and related integration costs Bargain purchase gain on business acquisi