Corsair Gaming is expanding beyond its traditional gaming and creator hardware markets with an AI workstation initiative targeting what the company estimates to be an approximately $22 billion desktop AI PC opportunity.
Corsair is developing the offering as an extension of its capabilities in high-performance computing systems, customization, memory, thermal management and power delivery. The initial target market includes prosumers and small and medium-sized businesses that value local computing, data security and reduced cloud-token consumption. Corsair said the business remains at an early stage, with a more significant contribution expected in the latter part of 2027 and beyond.
The initiative comes as Corsair’s Elgato and Stream Deck ecosystem is also expanding beyond its traditional content-creation customer base into workflow automation and professional broadcasting. During the first half of 2026, Elgato Marketplace gross revenue and transaction volume each increased more than 100% year-over-year, while product submissions grew more than 300% and more than 500,000 new accounts were added.
Corsair said AI-assisted development is making it easier for creators and developers to build Stream Deck profiles and plug-ins, which could increase the utility of the ecosystem and support future recurring-revenue opportunities. The company also invested in Norway-based Bitfocus and established a partnership making Stream Deck Studio and the broader Stream Deck portfolio preferred control surfaces across Bitfocus customer deployments.
Gamer and Creator Peripherals revenue increased 13% to $115.9 million, while gross profit increased 27% to $52 million. Sim Racing also remained a growth driver through Fanatec, and Corsair subsequently completed its acquisition of Trak Racer to broaden its Sim Racing hardware portfolio and direct-to-consumer distribution.
Overall quarterly revenue declined 2% to $314.3 million, but gross profit increased 21% to $104.3 million and company-wide gross margin reached a record 33.2%. Adjusted EBITDA increased 279% to $30.8 million, while operating cash flow increased 148% to $74.8 million.
The results included a roughly $15.6 million gross-profit benefit from tariff refunds, which added approximately 500 basis points to gross margin. Excluding the refund, adjusted EBITDA would have been $16.6 million, still above the high end of Corsair’s guidance.
Corsair raised its full-year outlook to revenue of $1.40 billion to $1.47 billion and adjusted EBITDA of $121 million to $131 million.
KEY QUOTES:
“We delivered another quarter of significant profitability improvement, with gross margin reaching a record for the Company at 33.2%, gross profit increasing 21% year-over-year, net loss of $5.7 million excluding the tariff refund and adjusted EBITDA, excluding the tariff refund, of $16.6 million, above the high end of our guidance. These results demonstrate the strength of our improving product mix, disciplined execution and continued shift toward higher-margin categories.”
“Looking ahead, our investments remain focused on margin potential, ecosystem value and our ability to win. We see meaningful opportunities to further expand Stream Deck into workflow automation and professional broadcasting, accelerate Marketplace development through AI, deepen our direct-to-consumer relationships and build on Fanatec’s momentum in Sim Racing.”
Thi La, CEO of Corsair
