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Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (24,194)	$ (4,480)	$ (35,759)	$ (6,492)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

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+ Details

Debt

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Debt

8. Debt

On September 3, 2021, we refinanced the First Lien Credit and Guaranty Agreement with a new Credit Agreement (as amended, the “Credit Agreement”). The Credit Agreement provides for a $100.0 million five-year revolving credit facility (“Revolving Facility”) and a $250.0 million five-year term loan facility (“Term Loan”), with each maturing in September 2026. The Credit Agreement also permits, subject to conditions stated therein, additional incremental facilities in a maximum aggregate principal amount not to exceed $250.0 million. We may prepay the Term Loan and the Revolving Facility at any time without premium or penalty. We prepaid $11.9 million and $34.1 million of the Term Loan principal in the six months ended June 30, 2024 and in the year ended December 31, 2023, respectively.

The following table presents the carrying value of our Term Loan (in thousands):


	June 30, 2024			December 31, 2023

Term Loan (variable rate) due September 2026	$	180,875		$	199,000
Debt discount and issuance cost, net of amortization		(607	)		(804	)
Total debt		180,268			198,196
Less: debt maturing within one year, net		12,218			12,190
Long-term debt, net	$	168,050		$	186,006

As of June 30, 2024, the estimated fair value of the Term Loan, which we have classified as a Level 2 financial instrument, was approximately $176.9 million.

As of June 30, 2024, and December 31, 2023, we had $100.0 million unused capacity under the Revolving Facility.

The Credit Agreement has a variable rate structure. According to the provisions in the Third Amendment to the Credit Agreement (“Third Amendment”), beginning 2024, the Term Loan and the Revolving Facility carry interest at our election at either (a) Bloomberg Short-Term Bank Yield Index rate (“BSBY”) plus a percentage spread (ranging from 1.25% to 2.25%) based on our total net leverage ratio, or (b) the base rate (as described in the Credit Agreement as the greatest of (i) the prime rate, (ii) the federal funds rate plus 0.50% and (iii) one-month BSBY plus 1.0%) plus a percentage spread (ranging from 0.25% to 1.25%) based on our total net leverage ratio. Additionally, the commitment fees on the unused portion of the Revolving Facility ranges from 0.2% to 0.4% based on our total net leverage ratio. The effective interest rate of our Term Loan, inclusive of the debt discount and debt issuance costs, was approximately 7.29% and 7.67% for the three months ended June 30, 2024 and 2023, respectively, and was approximately 7.39% and 7.36% for the six months ended June 30, 2024 and 2023, respectively.

The Credit Agreement contains covenants with which we must comply during the term of the agreement, which we believe are ordinary and standard for agreements of this nature, including the maintenance of a maximum Consolidated Total Net Leverage Ratio (“CTNL Ratio”) and a minimum Consolidated Interest Coverage Ratio (“CIC Ratio”) (as defined in the Credit Agreement). According to the provisions in the Third Amendment, beginning 2024, we are required to maintain a maximum CTNL Ratio of 3.00 to 1.00 and a minimum CIC ratio of 3.00 to 1.00, with the provision that the maximum CTNL Ratio can be temporarily increased to 3.50 to 1.00

upon the occurrence of a Qualified Acquisition (as defined in, and subject to the requirements of the Credit Agreement). As of June 30, 2024, we were not in default under the Credit Agreement.

Our obligations under the Credit Agreement are guaranteed by substantially all of our U.S. subsidiaries and secured by a security interest in substantially all assets of the Company and the guarantor subsidiaries, subject to certain exceptions detailed in the Credit Agreement and related ancillary documentation.

The following table summarizes the interest expense recognized for all periods presented (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023

Credit Agreement:
Contractual interest expense for term loan	$	3,249	$	4,257	$	6,705	$	8,322
Amortization of debt discount and issuance cost		111		132		271		266
Other		76		107		151		210
Total interest expense	$	3,436	$	4,496	$	7,127	$	8,798

The future principal payments under our total long-term debt as of June 30, 2024 are as follows (in thousands):


	Amounts

Remainder of 2024	$	6,250
2025		12,500
2026		162,125
2027		—
2028		—
Total debt	$	180,875

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

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+ Details

Equity Incentive Plans and Stock-Based Compensation - Summary of Total Unrecognized Stock-Based Compensation Expense and Remaining Period (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total unrecognized stock-based compensation expense	$ 64,396
Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized Expense	$ 31,458
Remaining weighted average period (In years)	2 years 8 months 12 days
RSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized Expense	$ 32,794
Remaining weighted average period (In years)	2 years 9 months 18 days
ESPP
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized Expense	$ 144
Remaining weighted average period (In years)	1 month 6 days

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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+ Details

Business Combinations - Schedule of Estimated Fair Value of Assets Acquired and Liabilities (Details) - USD ($) $ in Thousands	Jan. 29, 2024	Jul. 14, 2023	Jun. 30, 2024	Dec. 31, 2023
Business Acquisition [Line Items]
Goodwill			$ 354,394	$ 354,705
Drop Acquisition
Business Acquisition [Line Items]
Accounts receivable		$ 135
Inventories		7,739
Prepaid and other assets		866
Property and equipment		109
Identifiable intangible assets		9,160
Goodwill		5,960
Accounts payable		(7,064)
Accrued liabilities		(3,726)
Fair value of consideration	$ 13,200	14,200
Purchase consideration, net of cash acquired		13,179
Purchase consideration:
Fair value of consideration	$ 13,200	$ 14,200

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Net revenue	$ 261,300	$ 325,432	$ 598,557	$ 679,396
Cost of revenue	198,215	242,600	448,833	511,160
Gross profit	63,085	82,832	149,724	168,236
Operating expenses:
Sales, general and administrative	70,388	69,953	150,605	137,482
Product development	17,411	15,593	34,052	32,431
Total operating expenses	87,799	85,546	184,657	169,913
Operating loss	(24,714)	(2,714)	(34,933)	(1,677)
Other (expense) income:
Interest expense	(3,436)	(4,496)	(7,127)	(8,798)
Interest income	1,158	1,978	2,723	3,452
Other expense, net	(516)	(1,134)	(977)	(1,630)
Total other expense, net	(2,794)	(3,652)	(5,381)	(6,976)
Loss before income taxes	(27,508)	(6,366)	(40,314)	(8,653)
Income tax benefit	4,001	2,287	5,778	2,926
Net loss	(23,507)	(4,079)	(34,536)	(5,727)
Less: Net income attributable to noncontrolling interest	687	401	1,223	765
Net loss attributable to Corsair Gaming, Inc.	(24,194)	(4,480)	(35,759)	(6,492)
Calculation of net loss per share attributable to common stockholders of Corsair Gaming, Inc.:
Net loss attributable to Corsair Gaming, Inc.	(24,194)	(4,480)	(35,759)	(6,492)
Change in redemption value of redeemable noncontrolling interest	(5,385)	5,577	(6,360)	6,535
Net income (loss) attributable to common stockholders of Corsair Gaming, Inc.	$ (29,579)	$ 1,097	$ (42,119)	$ 43
Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.:
Basic	$ (0.28)	$ 0.01	$ (0.41)	$ 0
Diluted	$ (0.28)	$ 0.01	$ (0.41)	$ 0
Weighted-average common shares outstanding:
Basic	103,956	102,304	103,760	101,996
Diluted	103,956	106,502	103,760	106,169

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Effective income tax rate	14.50%	35.90%	14.30%	33.80%
Unrealized tax benefits	$ 3.7		$ 3.7		$ 3.5

Stockholders' Equity

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Stockholders' Equity

10. Stockholders’ Equity

Shelf-Registration Statement

On July 22, 2022, we filed a shelf registration statement on Form S-3 with the SEC, which was declared effective August 1, 2022 (the “2022 Shelf Registration Statement”). The 2022 Shelf Registration Statement registered securities to be offered by us, in an amount up to $300.0 million, including common stock, preferred stock and warrants, through August 1, 2025. In addition, the 2022 Shelf Registration Statement registered 54,179,559 shares of common stock held by the selling securityholders named in the 2022 Shelf Registration Statement. We will not receive any of the proceeds from the sale of the shares registered by the selling securityholders.

As of June 30, 2024, $216.7 million remained available for issuance under the 2022 Shelf Registration Statement.

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org//505/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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Reference 19: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Redeemable Noncontrolling Interest ("RNCI") - Additional Information (Details) - IDisplay Technology	Jan. 01, 2022	Jun. 30, 2024
Redeemable Noncontrolling Interest [Line Items]
Percentage of equity interest acquired	51.00%
Put and call option expiration date	Jan. 01, 2025
IDisplay Seller
Redeemable Noncontrolling Interest [Line Items]
Noncontrolling interest		29.00%
First Anniversary
Redeemable Noncontrolling Interest [Line Items]
Percentage of equity interest acquired	14.00%
Second Anniversary
Redeemable Noncontrolling Interest [Line Items]
Percentage of equity interest acquired	15.00%

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2024
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	None of our directors or officers (as defined in Rule 16a-1 under the Exchange Act) adopted, modified or terminated a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement during the three months ended June 30, 2024, as such terms are defined under Item 408(a) of Regulation S-K.
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Rule 10b 5-1 Arr Modified Flag	false
Non-Rule 10b 5-1 Arr modified flag	false

Net Loss Per Share

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Net Loss Per Share

12. Net Loss Per Share

The following table summarizes the calculation of basic and diluted net loss per share (in thousands, except per share amounts):


	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023

Numerator
Net loss	$	(23,507	)	$	(4,079	)	$	(34,536	)	$	(5,727	)
Less: Net income attributable to noncontrolling interest		687			401			1,223			765
Net loss attributable to Corsair Gaming, Inc.		(24,194	)		(4,480	)		(35,759	)		(6,492	)
Change in redemption value of redeemable noncontrolling interest		(5,385	)		5,577			(6,360	)		6,535
Net income (loss) attributable to common stockholders of Corsair Gaming, Inc.	$	(29,579	)	$	1,097		$	(42,119	)	$	43
Denominator
Basic weighted-average shares outstanding		103,956			102,304			103,760			101,996
Effect of dilutive securities		—			4,198			—			4,173
Total diluted weighted-average shares outstanding		103,956			106,502			103,760			106,169

Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.:
Basic	$	(0.28	)	$	0.01		$	(0.41	)	$	0.00
Diluted	$	(0.28	)	$	0.01		$	(0.41	)	$	0.00

Anti-dilutive potential common shares (1)		13,994			5,004			13,354			4,858

(1)

Potential common share equivalents were not included in the calculation of diluted net loss per share as the effect would have been anti-dilutive.

Segment and Geographic Information - Summary of Customers That Individually Comprised 10% or more of Our Total Net Revenue (Parenthetical) (Details) - Customer Concentration Risk - Consolidated Net Revenue - Customer B	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Percentage of revenue from sales to customers			10.40%
Maximum
Segment Reporting Information [Line Items]
Percentage of revenue from sales to customers	10.00%	10.00%	10.00%	10.00%

Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive Loss	Total Corsair Gaming, Inc. Stockholders' Equity	Nonredeemable Noncontrolling Interest
Balance at Dec. 31, 2022	$ 634,067	$ 10	$ 593,486	$ 37,223	$ (6,881)	$ 623,838	$ 10,229
Balance, shares at Dec. 31, 2022		101,385
Net income (loss)	(6,179)			(6,492)		(6,492)	313
Other comprehensive income (loss)	3,083				3,120	3,120	(37)
Change in redemption value of redeemable noncontrolling interest	6,535			6,535		6,535
Issuance of common stock in connection with employee equity incentive plans	6,379		6,379			6,379
Issuance of common stock in connection with employee equity incentive plans, shares		1,415
Shares withheld related to net share settlement	(787)		(787)			(787)
Shares withheld related to net share settlement, shares		(52)
Stock-based compensation	15,593		15,593			15,593
Balance at Jun. 30, 2023	658,691	$ 10	614,671	37,266	(3,761)	648,186	10,505
Balance, shares at Jun. 30, 2023		102,748
Balance at Mar. 31, 2023	643,663	$ 10	602,368	36,169	(5,276)	633,271	10,392
Balance, shares at Mar. 31, 2023		102,017
Net income (loss)	(4,316)			(4,480)		(4,480)	164
Other comprehensive income (loss)	1,464				1,515	1,515	(51)
Change in redemption value of redeemable noncontrolling interest	5,577			5,577		5,577
Issuance of common stock in connection with employee equity incentive plans	4,262		4,262			4,262
Issuance of common stock in connection with employee equity incentive plans, shares		744
Shares withheld related to net share settlement	(231)		(231)			(231)
Shares withheld related to net share settlement, shares		(13)
Stock-based compensation	8,272		8,272			8,272
Balance at Jun. 30, 2023	658,691	$ 10	614,671	37,266	(3,761)	648,186	10,505
Balance, shares at Jun. 30, 2023		102,748
Balance at Dec. 31, 2023	678,043	$ 10	630,642	40,410	(3,487)	667,575	10,468
Balance, shares at Dec. 31, 2023		103,255
Net income (loss)	(35,260)			(35,759)		(35,759)	499
Other comprehensive income (loss)	(1,454)				(1,320)	(1,320)	(134)
Change in redemption value of redeemable noncontrolling interest	(6,360)			(6,360)		(6,360)
Dividend paid to nonredeemable noncontrolling interest	(800)						(800)
Issuance of common stock in connection with employee equity incentive plans	3,300		3,300			3,300
Issuance of common stock in connection with employee equity incentive plans, shares		849
Shares withheld related to net share settlement	(415)		(415)			(415)
Shares withheld related to net share settlement, shares		(31)
Stock-based compensation	15,708		15,708			15,708
Balance at Jun. 30, 2024	652,762	$ 10	649,235	(1,709)	(4,807)	642,729	10,033
Balance, shares at Jun. 30, 2024		104,073
Balance at Mar. 31, 2024	673,326	$ 10	640,293	27,870	(4,634)	663,539	9,787
Balance, shares at Mar. 31, 2024		103,859
Net income (loss)	(23,914)			(24,194)		(24,194)	280
Other comprehensive income (loss)	(207)				(173)	(173)	(34)
Change in redemption value of redeemable noncontrolling interest	(5,385)			(5,385)		(5,385)
Issuance of common stock in connection with employee equity incentive plans	949		949			949
Issuance of common stock in connection with employee equity incentive plans, shares		216
Shares withheld related to net share settlement	(17)		(17)			(17)
Shares withheld related to net share settlement, shares		(2)
Stock-based compensation	8,010		8,010			8,010
Balance at Jun. 30, 2024	$ 652,762	$ 10	$ 649,235	$ (1,709)	$ (4,807)	$ 642,729	$ 10,033
Balance, shares at Jun. 30, 2024		104,073

Commitments and Contingencies - Additional Information (Details)	6 Months Ended
	Jun. 30, 2024 USD ($) Claim	Dec. 31, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Non-cancelable long-term purchase commitments		$ 1,500,000
Letters of credit outstanding, amount	$ 0	0
Line of credit facility, current borrowing capacity	$ 0	$ 0
Loss contingency, claims settled, number \| Claim	0

Summary of Significant Accounting Policies	6 Months Ended
Summary of Significant Accounting Policies	Jun. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation Our interim condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The accounting policies we follow are set forth in Part II, Item 8, Note 2, “Significant Accounting Policies”, of the Notes to the Consolidated Financial Statements included in our Annual Report on Form 10K for the year ended December 31, 2023 which was filed with the SEC on February 27, 2024. The condensed consolidated balance sheet as of December 31, 2023, included herein, was derived from the audited consolidated financial statements as of that date. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed, combined or omitted pursuant to such rules and regulations. Therefore, these interim condensed consolidated financial statements should be read in conjunction with our consolidated financial statements and notes thereto for the year ended December 31, 2023, included in our Annual Report on Form 10-K. The interim condensed consolidated financial statements have been prepared on the same basis as the audited consolidated financial statements, and in management’s opinion, include all adjustments, which consist of only normal recurring adjustments necessary for the fair statement of our condensed consolidated balance sheet as of June 30, 2024 and our results of operations for the three and six months ended June 30, 2024 and 2023. The results for the three and six months ended June 30, 2024 are not necessarily indicative of the results expected for the current fiscal year or any other future periods. Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts of Corsair and its subsidiaries, after the elimination of intercompany accounts and transactions. We consolidate subsidiaries in which we have a controlling interest. For the consolidated subsidiaries in which we own less than 100% of the equity, our consolidated net comprehensive income (loss) is reduced by the portion attributable to the noncontrolling interest. The ownership interest of other investors is recorded as noncontrolling interest in the condensed consolidated balance sheets. In determining whether an entity is considered a controlled entity, we apply the VIE (variable interest entity) and VOE (voting interest entity) models. Entities that do not qualify as a VIE are assessed for consolidation under the VOE model. Under the VOE model, we consolidate the entity if we determine that we have a controlling financial interest in the entity through our ownership of greater than 50% of the outstanding voting shares of the entity and that other equity holders do not have substantive voting, participating or liquidation rights. Use of Estimates The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Such estimates include, but are not limited to, the valuation of intangible assets, accounts receivable, sales return reserves, reserves for customer incentives, warranty reserves, inventory, derivative instruments, stock-based compensation, and deferred income tax. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the potential impacts from events in the current economic and geopolitical environment. We adjust such estimates and assumptions when facts and circumstances dictate. The extent to which the current macroeconomic conditions and the development of the geopolitical unrest will impact our business going forward depends on numerous dynamic factors that we cannot reliably predict. Actual results could differ materially from those estimates. Recently Adopted Accounting Pronouncements None. Accounting Pronouncements Issued but Not Yet Adopted In November 2023, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvement to Reportable Segment Disclosure. This ASU updates the reportable segment disclosure requirements by requiring disclosures of significant reportable segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of a segment's profit or loss. This ASU also requires disclosure of the title and position of the individual identified as the CODM and an explanation of how the CODM uses the reported measures of a segment's profit or loss in assessing segment performance and deciding how to allocate resources. The ASU will be effective for annual periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. Adoption of the ASU should be applied retrospectively to all prior periods presented in the financial statements. This ASU will result in additional required disclosures in our consolidated financial statements, when adopted. We are currently evaluating the provisions of this ASU and expect to adopt them for the year ended December 31, 2024. In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. This ASU requires disaggregated information about a reporting entity's effective tax rate reconciliation as well as additional information on income tax paid. The ASU is effective on a prospective basis for annual periods beginning after December 15, 2024, with early adoption permitted. This ASU will result in additional required disclosures in our consolidated financial statements, when adopted. We are currently evaluating the provisions of this ASU and expect to adopt them for the year ended December 31, 2025.

Income Taxes - Schedule of Income Before Income Taxes, Income Tax (Expense) Benefit and Effective Income Tax Rates (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Loss before income taxes	$ (27,508)	$ (6,366)	$ (40,314)	$ (8,653)
Income tax benefit	$ 4,001	$ 2,287	$ 5,778	$ 2,926
Effective tax rate	14.50%	35.90%	14.30%	33.80%

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

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- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

Debt - Summary of Debt (Parenthetical) (Details)	6 Months Ended
Debt - Summary of Debt (Parenthetical) (Details)	Jun. 30, 2024
Term Loan
Debt Instrument [Line Items]
Debt instrument, maturity date	2026-09

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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+ Details

Segment and Geographic Information - Additional Information (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2024 Country	Jun. 30, 2023 Country	Jun. 30, 2024 Segment Country	Jun. 30, 2023 Country
Segment Reporting Information [Line Items]
Number of reportable segments \| Segment			2
Geographic Concentration Risk \| Consolidated Net Revenue \| United States
Segment Reporting Information [Line Items]
Percentage of revenue from sales to customers	48.70%	46.10%	46.90%	46.10%
Geographic Concentration Risk \| Consolidated Net Revenue \| Non-US Excluding United Kingdom
Segment Reporting Information [Line Items]
Percentage of revenue from sales to customers	10.00%	10.00%	10.00%	10.00%
Number of single countries representing more than ten percent threshold \| Country	0	0	0	0

Derivative Financial Instruments

6 Months Ended

Jun. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

4. Derivative Financial Instruments

From time to time, we enter into derivative instruments such as foreign currency forward contracts, to minimize the short-term impact of foreign currency exchange rate fluctuations on certain foreign currency denominated assets and liabilities. The derivative instruments are recorded at fair value in prepaid expenses and other current assets or other liabilities and accrued expenses on the condensed consolidated balance sheets. We do not designate such instruments as hedges for accounting purposes; accordingly, changes in the value of these contracts are recognized in each reporting period in other (expense) income, net in the condensed consolidated statements of operations. We do not enter into derivative instruments for trading purposes.

The foreign currency forward contracts generally mature within two to four months. The notional principal amount of outstanding foreign exchange forward contracts was $22.0 million and $44.3 million as of June 30, 2024 and December 31, 2023,

respectively. The net fair value gains (losses) recognized in other expense, net in relation to these derivative instruments was $(18) thousand and $(0.2) million for the three months ended June 30, 2024 and 2023, respectively, and was $0.6 million and $(0.6) million for the six months ended June 30, 2024 and 2023, respectively.

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2024	Jul. 24, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity Registrant Name	Corsair Gaming, Inc.
Entity Central Index Key	0001743759
Current Fiscal Year End Date	--12-31
Entity Emerging Growth Company	false
Entity File Number	001-39533
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	82-2335306
Entity Address, Address Line One	115 N. McCarthy Boulevard
Entity Address, City or Town	Milpitas
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95035
City Area Code	510
Local Phone Number	657-8747
Entity Interactive Data Current	Yes
Entity Current Reporting Status	Yes
Document Quarterly Report	true
Document Transition Report	false
Entity Common Stock, Shares Outstanding		104,146,380
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Title of 12(b) Security	Common Stock, $0.0001 par value per share
Trading Symbol	CRSR
Security Exchange Name	NASDAQ

Balance Sheet Components - Schedule of Components of Balance Sheet (Parenthetical) (Details) € in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2024 EUR (€) Customer	Dec. 31, 2023 Customer	Jul. 31, 2024 EUR (€)	Jun. 30, 2024 USD ($) Customer	May 15, 2024 EUR (€)
Balance Sheet Related Disclosures [Line Items]
Bridge loan \| €	€ 11.5		€ 1.0
Bridge loan receivable				$ 12,823,000
Bridge loan
Balance Sheet Related Disclosures [Line Items]
Amortized costs				12,800,000
Accrued interest				100,000
Deferred loan origination costs				400,000
Principal balance				$ 12,300,000
Loans bears interest rate	15.00%			15.00%
Credit allowance				$ 0
Maximum
Balance Sheet Related Disclosures [Line Items]
Bridge loan \| €					€ 30.0
Accounts Receivable \| Credit Concentration Risk
Balance Sheet Related Disclosures [Line Items]
Number of customers \| Customer	2	2		2
Accounts Receivable \| Customer One \| Credit Concentration Risk
Balance Sheet Related Disclosures [Line Items]
Percentage of accounts receivable	42.00%	42.90%
Accounts Receivable \| Customer Two \| Credit Concentration Risk
Balance Sheet Related Disclosures [Line Items]
Percentage of accounts receivable	13.50%	18.50%

Commitments and Contingencies - Schedule of Changes in Assurance-Type Warranty Obligation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Beginning of the period	$ 6,323	$ 3,467	$ 7,155	$ 3,685
Warranty provision related to products shipped	301	2,642	1,294	4,020
Deductions for warranty claims processed	(1,448)	(1,366)	(3,273)	(2,962)
End of period	$ 5,176	$ 4,743	$ 5,176	$ 4,743

Subsequent Event - Additional Information (Details) - IDisplay Technology - USD ($) $ in Thousands	Jul. 01, 2024	Jun. 30, 2024	Jan. 01, 2022
Subsequent Event [Line Items]
Percentage of equity interest acquired			51.00%
Second Anniversary
Subsequent Event [Line Items]
Percentage of equity interest acquired			15.00%
IDisplay Seller
Subsequent Event [Line Items]
Noncontrolling interest		29.00%
SPAA
Subsequent Event [Line Items]
Business acquisition percentage of ownership stake acquired		51.00%
SPAA \| IDisplay Seller
Subsequent Event [Line Items]
Noncontrolling interest		49.00%
Subsequent Event \| Maximum \| Call Option
Subsequent Event [Line Items]
Percentage of equity interest acquired	19.00%
Subsequent Event \| Maximum \| Call Option \| Second Anniversary
Subsequent Event [Line Items]
Percentage of equity interest acquired	19.00%
Subsequent Event \| Maximum \| IDisplay Seller \| Put Option \| Fifth Anniversary
Subsequent Event [Line Items]
Percentage of equity interest acquired	19.00%
Subsequent Event \| SPAA
Subsequent Event [Line Items]
Business acquisition execution date	Jul. 01, 2024
Business acquisition percentage of additional ownership stake acquired	30.00%
Business acquisition percentage of ownership stake acquired	81.00%
Business acquisition closing conditions date	Jul. 08, 2024
Business acquisition cash consideration paid	$ 19,750
Subsequent Event \| SPAA \| IDisplay Seller
Subsequent Event [Line Items]
Noncontrolling interest	19.00%

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash	$ 92,178	$ 175,620
Restricted cash	2,166	2,705
Accounts receivable, net	188,564	253,268
Inventories	265,537	240,172
Prepaid expenses and other current assets	31,179	39,824
Total current assets	579,624	711,589
Restricted cash, noncurrent	243	239
Property and equipment, net	30,960	32,212
Goodwill	354,394	354,705
Intangible assets, net	168,715	188,009
Other assets	100,305	70,709
Total assets	1,234,241	1,357,463
Current liabilities:
Debt maturing within one year, net	12,218	12,190
Accounts payable	167,608	239,957
Other liabilities and accrued expenses	142,904	166,340
Total current liabilities	322,730	418,487
Long-term debt, net	168,050	186,006
Deferred tax liabilities	11,112	17,395
Other liabilities, noncurrent	57,920	41,595
Total liabilities	559,812	663,483
Commitments and Contingencies (Note 9)
Temporary equity
Redeemable noncontrolling interest	21,667	15,937
Corsair Gaming, Inc. stockholders’ equity:
Preferred stock, $0.0001 par value: 5,000 shares authorized, nil and nil shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively
Common stock, $0.0001 par value: 300,000 shares authorized, 104,073 and 103,255 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively	10	10
Additional paid-in capital	649,235	630,642
(Accumulated deficit) retained earnings	(1,709)	40,410
Accumulated other comprehensive loss	(4,807)	(3,487)
Total Corsair Gaming, Inc. stockholders’ equity	642,729	667,575
Nonredeemable noncontrolling interest	10,033	10,468
Total permanent equity	652,762	678,043
Total liabilities, temporary equity and permanent equity	$ 1,234,241	$ 1,357,463

Segment and Geographic Information - Summary of Customers That Individually Comprised 10% or more of Our Total Net Revenue (Details) - Customer Concentration Risk - Consolidated Net Revenue	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Customer A
Segment Reporting Information [Line Items]
Percentage of revenue from sales to customers	32.20%	30.40%	29.70%	28.00%
Customer B
Segment Reporting Information [Line Items]
Percentage of revenue from sales to customers			10.40%

Subsequent Event

6 Months Ended

Jun. 30, 2024

Subsequent Events [Abstract]

Subsequent Event

16. Subsequent Event

On July 1, 2024 (the “Execution Date”), we entered into a Share Purchase Amendment Agreement (the “SPAA”) to acquire an additional 30% ownership stake in iDisplay, which will increase our total ownership stake in iDisplay from 51% to 81%, and correspondingly will decrease the iDisplay Seller's ownership interest in iDisplay from 49% to 19%. The closing conditions of the SPAA were completed on July 8, 2024, along with our payment in full of the cash consideration of $19.75 million to the iDisplay Seller.

In addition, the SPAA replaced the call option and put option in the original Shareholders Agreement with new options. Under the SPAA, a put option was provided to the iDisplay Seller to sell up to 19% of ownership interest in iDisplay to Corsair within one year after the fifth anniversary date of the Execution Date, and a call option was provided to Corsair to purchase up to 19% ownership interest in iDisplay at any time after the second anniversary of the Execution Date. The exercise price of the put and call options of the SPAA remained the same as the terms defined in the original Shareholders Agreement, which is based on certain multiples of iDisplay’s trailing twelve-month earnings before interest, income tax, depreciation and amortization (“TTM EBITDA”) less any debt. In addition, if the founder of iDisplay ceases to serve as the manager of iDisplay, voluntarily or with cause, we are entitled to an irrevocable call option to purchase up to 19% ownership interest in iDisplay at any time during the five years after the Execution Date and the exercise price is based on a prescribed multiple of TTM EBITDA.

Commitments and Contingencies

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

9. Commitments and Contingencies

Product Warranties

Changes in our assurance-type warranty obligations were as follows (in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023

Beginning of the period	$	6,323		$	3,467		$	7,155		$	3,685
Warranty provision related to products shipped		301			2,642			1,294			4,020
Deductions for warranty claims processed		(1,448	)		(1,366	)		(3,273	)		(2,962	)
End of period	$	5,176		$	4,743		$	5,176		$	4,743

Unconditional Purchase Obligations

In the normal course of business, we enter into various purchase commitments for goods or services. Our long-term non-cancelable purchase commitments consist primarily of multi-year contractual arrangements relating to subscriptions for cloud computing hosting arrangements for applications used in R&D as well as for our enterprise resource planning (“ERP”) system and the related support services. The total long-term non-cancelable purchase commitments as of June 30, 2024 was as follows (in thousands):


	Amounts

Remainder of 2024	$	31
2025		81
2026		100
2027		50
2028		—
Thereafter		—
Total	$	262

Our total non-cancelable long term purchase commitments outstanding as of December 31, 2023 was $1.5 million.

Letters of Credit

There were no letters of credit outstanding as of June 30, 2024 and December 31, 2023. No amounts have been drawn upon the letters of credit for all periods presented.

Legal Proceedings

We may from time to time be involved in various claims and legal proceedings of a character normally incident to the ordinary course of business. Litigation can be expensive and disruptive to normal business operations, and the results of complex legal proceedings are difficult to predict, and our view of these matters may change in the future as the litigation and events related thereto unfold. We expense legal fees as incurred and we record a provision for contingent losses when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. Based on currently available information, we believe that existing claims or proceedings are not likely to have a material adverse effect on our financial position, or the outcome of these matters is currently not determinable. An unfavorable outcome to any legal matter, if material, could have an adverse effect on our operations or financial position, liquidity of results of operations.

Indemnification

In the ordinary course of business, we may provide indemnifications of varying scope and terms with respect to certain transactions. We have entered into indemnification agreements with directors and certain officers and employees that will require Corsair, among other things, to indemnify them against certain liabilities that may arise by reason of their status or service as directors, officers or employees. No demands have been made upon Corsair to provide indemnification under such agreements, and thus, there are no claims that we are aware of that could have a material effect on our condensed consolidated balance sheets, statements of operations, or statements of cash flows. We currently have directors’ and officers’ insurance.

Balance Sheet Components (Tables)

6 Months Ended

Jun. 30, 2024

Balance Sheet Related Disclosures [Abstract]

Schedule of Components of Balance Sheet

The following tables present the components of certain balance sheet amounts (in thousands):


	June 30, 2024		December 31, 2023

Cash	$	92,178	$	175,620
Restricted cash—short term		2,166		2,705
Restricted cash—noncurrent		243		239
Total cash and restricted cash	$	94,587	$	178,564


	June 30, 2024			December 31, 2023

Accounts receivable	$	177,123		$	254,433
Bridge Loan receivable (1)		12,823			—
Due from Factor		—			283
Allowance for doubtful accounts		(1,382	)		(1,448	)
Accounts receivable, net (2)	$	188,564		$	253,268

(1)

On May 15, 2024, one of our fully consolidated subsidiaries, Corsair Components Ltd (“CCL”) agreed to provide short-term financing to Endor AG, a German public company (“Endor”), in the form of a bridge loan (the “Bridge Loan”) for up to EUR 30 million pursuant to a bridge loan agreement between Endor and CCL (the “Bridge Loan Agreement”). The Bridge Loan bears interest at 15% per annum and it is collateralized by rights to the patents and trademarks, as well as existing and future inventories owned by Endor and its U.S. subsidiary at certain specified locations. As of June 30, 2024, CCL had disbursed EUR 11.5 million to Endor under the Bridge Loan, with another EUR 1.0 million disbursed in July 2024.

Endor owns the Fanatec brand, and is a leading manufacturer of sim racing hardware. The Bridge Loan Agreement was entered into in connection with a Letter of Intent (the “LOI”) executed on the same day with Endor for a potential acquisition of Endor. As of the date of this filing, the LOI has expired and on July 30, 2024, Endor announced it has filed for the German insolvency proceedings (the “Insolvency Proceedings”) and has commenced work on the various steps involved in the Insolvency Proceedings. Per terms of the Bridge Loan Agreement, CCL has no obligation to disburse any more funds under the Bridge Loan Agreement on the expiration of the LOI and Endor's insolvency filing. Once Endor’s Insolvency Plan is approved by the German Court, we expect the outstanding amount of the Bridge Loan receivable, including the accrued interest to be repaid to CCL. We expect the Insolvency Proceedings to be completed within six months from their commencement date.

The Bridge Loan receivable was carried at amortized costs of $12.8 million, including $12.3 million of principal balance, $0.1 million of accrued interest and $0.4 million of deferred loan origination costs as of June 30, 2024. The amortized cost of the Bridge Loan receivable approximates its fair value and is recorded within accounts receivable, net, on condensed consolidated balance sheet. Interest income is recorded on an accrual basis at the stated interest rate and is recorded in interest income in our condensed consolidated statements of operations. As a collateral-dependent financial asset, the current expected credit loss on the Bridge Loan receivable is determined based on the fair value of the collateral, and the estimated fair value exceeded the carrying value of the Bridge Loan receivable as of June 30, 2024 and as such, no credit allowance was recorded as of June 30, 2024. The Bridge Loan receivable is classified as a Level 3 financial instrument.

(2)

As of June 30, 2024, two customers represented 42.0% and 13.5% of our accounts receivable, net balance, respectively. As of December 31, 2023, two customers represented 42.9% and 18.5% of our accounts receivable, net balance, respectively.


	June 30, 2024		December 31, 2023

Raw materials	$	43,844	$	64,576
Work in progress		7,906		5,204
Finished goods		213,787		170,392
Inventories	$	265,537	$	240,172


	June 30, 2024			December 31, 2023

Manufacturing equipment	$	30,526		$	28,168
Leasehold improvements		20,690			19,789
Computer equipment, software and office equipment		16,164			16,083
Furniture and fixtures		4,257			3,825
Total property and equipment	$	71,637		$	67,865
Less: Accumulated depreciation and amortization		(40,677	)		(35,653	)
Property and equipment, net	$	30,960		$	32,212


	June 30, 2024		December 31, 2023

Right-of-use assets	$	57,320	$	36,324
Deferred tax asset		37,037		27,749
Other		5,948		6,636
Other assets	$	100,305	$	70,709


	June 30, 2024		December 31, 2023

Accrued reserves for customer incentive programs	$	34,105	$	41,148
Accrued reserves for sales returns		31,912		36,822
Operating lease liabilities, current		15,447		9,721
Accrued payroll and related expenses		12,225		17,989
Accrued freight expenses		9,302		13,553
Accrued legal expense		6,854		1,014
Accrued warranty		5,176		7,155
Contract liabilities		3,931		7,442
Other		23,952		31,496
Other liabilities and accrued expenses	$	142,904	$	166,340


	June 30, 2024		December 31, 2023

Operating lease liabilities, noncurrent	$	53,180	$	38,587
Other		4,740		3,008
Other liabilities, noncurrent	$	57,920	$	41,595

Redeemable Noncontrolling Interest ("RNCI") - Schedule of Changes in Redeemable Noncontrolling Interest (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Amounts Attributable to Noncontrolling Interest, Disclosures [Abstract]
Balance at beginning of period	$ 15,925	$ 20,646	$ 15,937	$ 21,367
Share of net income	407	237	724	452
Share of other comprehensive loss	(50)	(75)	(194)	(53)
Dividend paid			(1,160)
Change in redemption value	5,385	(5,577)	6,360	(6,535)
Balance at end of period	$ 21,667	$ 15,231	$ 21,667	$ 15,231

Summary of Significant Accounting Policies (Policies)	6 Months Ended
Summary of Significant Accounting Policies (Policies)	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Our interim condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The accounting policies we follow are set forth in Part II, Item 8, Note 2, “Significant Accounting Policies”, of the Notes to the Consolidated Financial Statements included in our Annual Report on Form 10K for the year ended December 31, 2023 which was filed with the SEC on February 27, 2024. The condensed consolidated balance sheet as of December 31, 2023, included herein, was derived from the audited consolidated financial statements as of that date. Certain information and note disclosures normally included in the financial statements prepared in accordance with U.S. GAAP have been condensed, combined or omitted pursuant to such rules and regulations. Therefore, these interim condensed consolidated financial statements should be read in conjunction with our consolidated financial statements and notes thereto for the year ended December 31, 2023, included in our Annual Report on Form 10-K. The interim condensed consolidated financial statements have been prepared on the same basis as the audited consolidated financial statements, and in management’s opinion, include all adjustments, which consist of only normal recurring adjustments necessary for the fair statement of our condensed consolidated balance sheet as of June 30, 2024 and our results of operations for the three and six months ended June 30, 2024 and 2023. The results for the three and six months ended June 30, 2024 are not necessarily indicative of the results expected for the current fiscal year or any other future periods.
Principles of Consolidation	Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts of Corsair and its subsidiaries, after the elimination of intercompany accounts and transactions. We consolidate subsidiaries in which we have a controlling interest. For the consolidated subsidiaries in which we own less than 100% of the equity, our consolidated net comprehensive income (loss) is reduced by the portion attributable to the noncontrolling interest. The ownership interest of other investors is recorded as noncontrolling interest in the condensed consolidated balance sheets. In determining whether an entity is considered a controlled entity, we apply the VIE (variable interest entity) and VOE (voting interest entity) models. Entities that do not qualify as a VIE are assessed for consolidation under the VOE model. Under the VOE model, we consolidate the entity if we determine that we have a controlling financial interest in the entity through our ownership of greater than 50% of the outstanding voting shares of the entity and that other equity holders do not have substantive voting, participating or liquidation rights.
Use of Estimates	Use of Estimates The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Such estimates include, but are not limited to, the valuation of intangible assets, accounts receivable, sales return reserves, reserves for customer incentives, warranty reserves, inventory, derivative instruments, stock-based compensation, and deferred income tax. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the potential impacts from events in the current economic and geopolitical environment. We adjust such estimates and assumptions when facts and circumstances dictate. The extent to which the current macroeconomic conditions and the development of the geopolitical unrest will impact our business going forward depends on numerous dynamic factors that we cannot reliably predict. Actual results could differ materially from those estimates.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements None.
Accounting Pronouncements Issued but Not Yet Adopted	Accounting Pronouncements Issued but Not Yet Adopted In November 2023, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvement to Reportable Segment Disclosure. This ASU updates the reportable segment disclosure requirements by requiring disclosures of significant reportable segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of a segment's profit or loss. This ASU also requires disclosure of the title and position of the individual identified as the CODM and an explanation of how the CODM uses the reported measures of a segment's profit or loss in assessing segment performance and deciding how to allocate resources. The ASU will be effective for annual periods beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. Adoption of the ASU should be applied retrospectively to all prior periods presented in the financial statements. This ASU will result in additional required disclosures in our consolidated financial statements, when adopted. We are currently evaluating the provisions of this ASU and expect to adopt them for the year ended December 31, 2024. In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. This ASU requires disaggregated information about a reporting entity's effective tax rate reconciliation as well as additional information on income tax paid. The ASU is effective on a prospective basis for annual periods beginning after December 15, 2024, with early adoption permitted. This ASU will result in additional required disclosures in our consolidated financial statements, when adopted. We are currently evaluating the provisions of this ASU and expect to adopt them for the year ended December 31, 2025.

Redeemable Noncontrolling Interest (Tables)

6 Months Ended

Jun. 30, 2024

Income Amounts Attributable to Noncontrolling Interest, Disclosures [Abstract]

Redeemable Noncontrolling Interests

The following table presents the changes in RNCI for the periods presented (in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023

Balance at beginning of period	$	15,925		$	20,646		$	15,937		$	21,367
Share of net income		407			237			724			452
Share of other comprehensive loss		(50	)		(75	)		(194	)		(53	)
Dividend paid		—			—			(1,160	)		—
Change in redemption value (1)		5,385			(5,577	)		6,360			(6,535	)
Balance at end of period	$	21,667		$	15,231		$	21,667		$	15,231

(1)

These amounts represent increases or (decreases) in redemption value over the carrying value for the respective periods. These amounts were recorded as an offset to retained earnings impacting the net income (loss) used in the calculation of net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc. for these periods.

Derivative Financial Instruments - Additional Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) Derivative	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Derivative Instruments Gain Loss [Line Items]
Derivative instruments for trading purposes \| Derivative			0
Foreign Currency Forward Contracts \| Not Designated as Hedging Instrument
Derivative Instruments Gain Loss [Line Items]
Notional principal amount	$ 22,000		$ 22,000		$ 44,300
Net fair value gain (loss) recognized in other (expense) income	$ (18)	$ (200)	$ 600	$ (600)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Nonoperating Income (Expense)	Other Nonoperating Income (Expense)	Other Nonoperating Income (Expense)	Other Nonoperating Income (Expense)
Minimum \| Foreign Currency Forward Contracts \| Not Designated as Hedging Instrument
Derivative Instruments Gain Loss [Line Items]
Derivative maturity term			2 months
Maximum \| Foreign Currency Forward Contracts \| Not Designated as Hedging Instrument
Derivative Instruments Gain Loss [Line Items]
Derivative maturity term			4 months

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Schedule of Changes in Assurance-Type Warranty Obligation

Changes in our assurance-type warranty obligations were as follows (in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023

Beginning of the period	$	6,323		$	3,467		$	7,155		$	3,685
Warranty provision related to products shipped		301			2,642			1,294			4,020
Deductions for warranty claims processed		(1,448	)		(1,366	)		(3,273	)		(2,962	)
End of period	$	5,176		$	4,743		$	5,176		$	4,743

Schedule of Total Long-Term Non-Cancelable Purchase Commitment

The total long-term non-cancelable purchase commitments as of June 30, 2024 was as follows (in thousands):


	Amounts

Remainder of 2024	$	31
2025		81
2026		100
2027		50
2028		—
Thereafter		—
Total	$	262

Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

6. Goodwill and Intangible Assets

Goodwill

The following table summarizes the changes in the carrying amount of goodwill by reportable segment (in thousands):


	Gaming Components and Systems			Gamer and Creator Peripherals			Total

Balance as of December 31, 2023	$	148,936		$	205,769		$	354,705
Measurement period adjustments		—			(28	)		(28	)
Effect of foreign currency exchange rates		(45	)		(238	)		(283	)
Balance as of June 30, 2024	$	148,891		$	205,503		$	354,394

Intangible assets, net

The following table is a summary of intangible assets, net (in thousands):


	June 30, 2024						December 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Developed technology	$	47,220	$	25,246	$	21,974	$	47,221	$	21,206	$	26,015
Trade name		34,159		10,227		23,932		34,114		9,060		25,054
Customer relationships		218,452		149,784		68,668		218,453		138,800		79,653
Patent portfolio		34,548		19,221		15,327		34,781		17,031		17,750
Supplier relationships		5,794		2,414		3,380		6,136		2,045		4,091
Total finite-life intangibles		340,173		206,892		133,281		340,705		188,142		152,563
Indefinite life trade name		35,430		—		35,430		35,430		—		35,430
Other		4		—		4		16		—		16
Total intangible assets	$	375,607	$	206,892	$	168,715	$	376,151	$	188,142	$	188,009

In the year when an identified intangible asset becomes fully amortized, the fully amortized balances from the gross asset and accumulated amortization amounts are removed from the table above.

The estimated future amortization expense of intangible assets as of June 30, 2024 is as follows (in thousands):


	Amounts

Remainder of 2024	$	18,983
2025		37,616
2026		34,311
2027		24,654
2028		4,379
Thereafter		13,338
Total	$	133,281

Stockholders' Equity - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2024	Jul. 22, 2022
Capital Unit [Line Items]
Self resitration maximum securities issued		$ 300.0
Common stock held by selling securities holders		54,179,559
Underwritten Public Offering
Capital Unit [Line Items]
Available for issuance	$ 216.7

Income Taxes

6 Months Ended

Jun. 30, 2024

Income Tax Disclosure [Abstract]

Income Taxes

13. Income Taxes

The following table presents our loss before income taxes, income tax benefit and effective income tax rates for all periods presented (in thousands, except percentages):


	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023

Loss before income taxes	$	(27,508	)	$	(6,366	)	$	(40,314	)	$	(8,653	)
Income tax benefit		4,001			2,287			5,778			2,926
Effective tax rate		14.5	%		35.9	%		14.3	%		33.8	%

We are subject to income taxes in the United States and foreign jurisdictions in which we do business. These foreign jurisdictions have statutory tax rates different from those in the United States. Accordingly, our effective tax rates will vary depending on the relative proportion of foreign to United States income, the utilization of net operating loss and tax credit carry forwards, changes in geographic mix of income and expense, changes in management’s assessment of matters such as the ability to realize deferred tax assets, and changes in tax laws.

Our effective tax rates were 14.5% and 35.9% for the three months ended June 30, 2024 and 2023, respectively. The decrease in our effective rate in the three-month period was primarily due to a change in the mix of income and losses in the various tax jurisdictions in which we operate, and an increase in shortfall tax deficiencies from stock-based compensation.

Our effective tax rates were 14.3% and 33.8% for the six months ended June 30, 2024 and 2023, respectively. The decrease in our effective rate in the six-month period was primarily due to a change in the mix of income and losses in the various tax jurisdictions in which we operate, and an increase in shortfall tax deficiencies from stock-based compensation.

Unrecognized tax benefits were $3.7 million as of June 30, 2024 and $3.5 million as of December 31, 2023, respectively, and if recognized, would favorably affect the effective income tax rate in future periods.

On December 15, 2022, the European Union (“EU”) Member States formally adopted the EU’s Pillar Two Directive, which generally provides for a minimum effective tax rate of 15%, as established by the Organization for Economic Co-operation and Development (“OECD”) Pillar Two Framework that was supported by over 130 countries worldwide. The EU effective dates are January 1, 2024, and January 1, 2025, for different aspects of the directive. A significant number of other countries are expected to also implement similar legislation, including United Kingdom which approved the legislation on July 11, 2023 with a full effective date of January 1, 2024. We have evaluated the potential impact from the OECD Pillar Two rules and determined that there is no impact to our financial position for the year of 2024.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//740/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-14

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-21

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482526/740-270-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-17

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482603/740-30-50-2

+ Details

Goodwill and Intangible Assets - Schedule of Estimated Future Amortization Expense of Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2024	$ 18,983
2025	37,616
2026	34,311
2027	24,654
2028	4,379
Thereafter	13,338
Total finite-life intangibles, Net Carrying Amount	$ 133,281	$ 152,563

Segment and Geographic Information

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Segment and Geographic Information

14. Segment and Geographic Information

We have two reportable segments:

•

Gamer and Creator Peripherals. Includes our high-performance gaming keyboards, mice, headsets, controllers, and streaming products, which includes capture cards, Stream Decks, microphones and audio interfaces, our Facecam streaming cameras, studio accessories, and gaming furniture, among others.

•

Gaming Components and Systems. Includes our high-performance power supply units, or PSUs, cooling solutions, computer cases, and DRAM modules, as well as high-end prebuilt and custom-built gaming PCs and laptops, and gaming monitors, among others.

The segments are defined as those operations our CODM regularly reviews to analyze performance and allocate resources. Our CODM is determined to be Corsair’s Chief Executive Officer. The results of the reportable segments are derived directly from our reporting system and are based on the methods of internal reporting which are not necessarily in conformity with GAAP. Management measures net revenue and gross profit to evaluate the performance of, and allocate resources to, each of the segments.

The following table summarizes the financial information for each reportable segment (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023

Net revenue
Gamer and Creator Peripherals	$	94,229	$	78,755	$	201,202	$	167,697
Gaming Components and Systems		167,071		246,677		397,355		511,699
Total net revenue	$	261,300	$	325,432	$	598,557	$	679,396

Gross Profit
Gamer and Creator Peripherals	$	35,699	$	25,509	$	79,342	$	52,157
Gaming Components and Systems		27,386		57,323		70,382		116,079
Total gross profit	$	63,085	$	82,832	$	149,724	$	168,236

The CODM manages assets on a total company basis, not by operating segments; therefore, asset information and capital expenditures by operating segments are not presented.

Geographic Information

The following table summarizes our net revenue by geographic region based on the location of the customer (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023

Net revenue
Americas	$	146,403	$	169,027	$	321,375	$	354,925
Europe and Middle East		86,354		105,130		202,089		218,571
Asia Pacific		28,543		51,275		75,093		105,900
Total net revenue	$	261,300	$	325,432	$	598,557	$	679,396

Revenues from sales to customers in the United States represented 48.7% and 46.1% for the three months ended June 30, 2024 and 2023, respectively, and represented 46.9% and 46.1% for the six months ended June 30, 2024 and 2023, respectively. No other single country represented 10% or more of total net revenue during these periods.

The follow table sets forth the customers that individually comprised 10% or more of our total net revenue for the periods presented:


	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023

Customer A		32.2	%		30.4	%		29.7	%		28.0	%
Customer B	*			*				10.4	%	*

* Customer represents less than 10% of our total net revenue in the period presented.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
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-Paragraph 32
-Subparagraph (d)
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-42

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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-Name Accounting Standards Codification
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-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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-Name Accounting Standards Codification
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-URI https://asc.fasb.org//1943274/2147482810/280-10-50-40

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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-URI https://asc.fasb.org//280/tableOfContent

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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-Name Accounting Standards Codification
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-URI https://asc.fasb.org//1943274/2147482810/280-10-50-26

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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-URI https://asc.fasb.org//1943274/2147482810/280-10-50-34

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

+ Details

Equity Incentive Plans and Stock-Based Compensation - Additional Information (Detail) - PSUs	1 Months Ended	6 Months Ended
	Feb. 29, 2024	Jun. 30, 2024
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation, vesting period	3 years
Vesting rights		In the event such targets are achieved, one-third of the eligible PSUs would vest and the remaining two-thirds would thereafter vest evenly over the second and third years. In the event the minimum targets are not achieved, no PSUs would vest.
Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of units issued	200.00%
Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of units issued	0.00%

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Description of Business - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2024 Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	2

Fair Value Measurement

6 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]

Fair Value Measurement

3. Fair Value Measurement

U.S. GAAP establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The hierarchy is broken down into the following three levels of inputs that may be used to measure fair value:

Level 1—Quoted prices are available in active markets for identical assets or liabilities as of the measurement date.

Level 2—Pricing inputs are other than quoted prices in active market, which are either directly or indirectly observable as of the report date. The nature of these securities includes investments for which quoted prices are available but traded less frequently and investments that are fair valued using other securities, the parameters of which can be directly observed.

Level 3—Securities that have little to no pricing observability as of the report date. These securities are measured using management’s best estimate of fair value, where the inputs into the determination of fair value are not observable and require significant management judgment or estimation.

Fair value accounting is applied to all financial assets and liabilities that are recognized or disclosed at fair value in our condensed consolidated financial statements on a recurring basis. Our financial instruments, including cash, restricted cash, accounts receivable, accounts payable, and other liabilities and accrued expenses approximate fair value due to their short-term maturities.

Our financial assets and liabilities that were measured at fair value on a recurring basis consisted of foreign currency forward contracts and the fair values of these contracts, which were classified as Level 2 of the fair value hierarchy, were based on similar exchange traded derivatives and the related asset or liability. The balances of our financial assets and liabilities as of June 30, 2024 and December 31, 2023 were not material.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Segment and Geographic Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Summary of Financial Information for Each Reportable Segment

The following table summarizes the financial information for each reportable segment (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023

Net revenue
Gamer and Creator Peripherals	$	94,229	$	78,755	$	201,202	$	167,697
Gaming Components and Systems		167,071		246,677		397,355		511,699
Total net revenue	$	261,300	$	325,432	$	598,557	$	679,396

Gross Profit
Gamer and Creator Peripherals	$	35,699	$	25,509	$	79,342	$	52,157
Gaming Components and Systems		27,386		57,323		70,382		116,079
Total gross profit	$	63,085	$	82,832	$	149,724	$	168,236

Summary of Net Revenue By Geographic Region

The following table summarizes our net revenue by geographic region based on the location of the customer (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023

Net revenue
Americas	$	146,403	$	169,027	$	321,375	$	354,925
Europe and Middle East		86,354		105,130		202,089		218,571
Asia Pacific		28,543		51,275		75,093		105,900
Total net revenue	$	261,300	$	325,432	$	598,557	$	679,396

Summary of Customers That Individually Comprised 10% or more of Our Total Net Revenue

The follow table sets forth the customers that individually comprised 10% or more of our total net revenue for the periods presented:


	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023

Customer A		32.2	%		30.4	%		29.7	%		28.0	%
Customer B	*			*				10.4	%	*

* Customer represents less than 10% of our total net revenue in the period presented.

Income Taxes (Tables)

6 Months Ended

Jun. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of Income Before Income Taxes, Income Tax (Expense) Benefit and Effective Income Tax Rates

The following table presents our loss before income taxes, income tax benefit and effective income tax rates for all periods presented (in thousands, except percentages):


	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023

Loss before income taxes	$	(27,508	)	$	(6,366	)	$	(40,314	)	$	(8,653	)
Income tax benefit		4,001			2,287			5,778			2,926
Effective tax rate		14.5	%		35.9	%		14.3	%		33.8	%

Debt - Additional Information (Details)			3 Months Ended		6 Months Ended		12 Months Ended
Debt - Additional Information (Details)	Jan. 01, 2024	Sep. 03, 2021 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023	Jun. 30, 2024 USD ($)	Jun. 30, 2023	Dec. 31, 2023 USD ($)
Debt Instrument [Line Items]
Carrying value of term loan			$ 180,268,000		$ 180,268,000		$ 198,196,000
Revolving Credit Facility Under Credit Agreement
Debt Instrument [Line Items]
Principal amount		$ 100,000,000
Credit facility, expiration month and year		2026-09
Unused capacity			$ 100,000,000		$ 100,000,000		100,000,000
Revolving Credit Facility Under Credit Agreement \| Minimum
Debt Instrument [Line Items]
Commitment Fee Percentage	0.20%
Revolving Credit Facility Under Credit Agreement \| Maximum
Debt Instrument [Line Items]
Commitment Fee Percentage	0.40%
Revolving Credit Facility Under Credit Agreement \| Federal Funds Rate
Debt Instrument [Line Items]
Debt instrument, variable rate	0.50%
Revolving Credit Facility Under Credit Agreement \| Bloomberg Short Term Bank Yield \| Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate	1.25%
Revolving Credit Facility Under Credit Agreement \| Bloomberg Short Term Bank Yield \| Maximum
Debt Instrument [Line Items]
Debt instrument, variable rate	2.25%
Revolving Credit Facility Under Credit Agreement \| One-Month BSBY
Debt Instrument [Line Items]
Debt instrument, variable rate	1.00%
Revolving Credit Facility Under Credit Agreement \| One-Month BSBY \| Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate	0.25%
Revolving Credit Facility Under Credit Agreement \| One-Month BSBY \| Maximum
Debt Instrument [Line Items]
Debt instrument, variable rate	1.25%
Term Loan
Debt Instrument [Line Items]
Principal amount		$ 250,000,000
Effective interest rate			7.29%	7.67%	7.39%	7.36%
Credit facility, expiration month and year		2026-09
Term Loan \| Fair Value, Inputs, Level 2
Debt Instrument [Line Items]
Estimated fair value of term loan			$ 176,900,000		$ 176,900,000
Term Loan \| Federal Funds Rate
Debt Instrument [Line Items]
Debt instrument, variable rate	0.50%
Term Loan \| Bloomberg Short Term Bank Yield \| Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate	1.25%
Term Loan \| Bloomberg Short Term Bank Yield \| Maximum
Debt Instrument [Line Items]
Debt instrument, variable rate	2.25%
Term Loan \| One-Month BSBY
Debt Instrument [Line Items]
Debt instrument, variable rate	1.00%
Term Loan \| One-Month BSBY \| Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate	0.25%
Term Loan \| One-Month BSBY \| Maximum
Debt Instrument [Line Items]
Debt instrument, variable rate	1.25%
Credit Agreement
Debt Instrument [Line Items]
Credit facility, incremental maximum aggregate principal amount		$ 250,000,000
Prepayment of debt					$ 11,900,000		$ 34,100,000
Credit Agreement \| Minimum
Debt Instrument [Line Items]
Consolidated interest coverage ratio	3
Credit Agreement \| Maximum
Debt Instrument [Line Items]
Consolidated total net leverage ratio	3		3.5		3.5

Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net loss	$ (23,507)	$ (4,079)	$ (34,536)	$ (5,727)
Other comprehensive gain (loss):
Foreign currency translation adjustments, net of tax benefit of $43 and $64 for the three months ended June 30, 2024 and 2023, respectively, and $167 and $46 for the six months ended June 30, 2024 and 2023, respectively.	(216)	1,385	(1,631)	3,052
Unrealized foreign exchange gain (loss) from long-term intercompany loan, net of tax benefit (expense) of nil and nil for the three months ended June 30, 2024 and 2023, respectively, and $160 and $(127) for the six months ended June 30, 2024 and 2023, respectively.	(41)	4	(17)	(22)
Comprehensive loss	(23,764)	(2,690)	(36,184)	(2,697)
Less: Comprehensive income attributable to noncontrolling interest	603	275	895	675
Comprehensive loss attributable to Corsair Gaming, Inc.	$ (24,367)	$ (2,965)	$ (37,079)	$ (3,372)

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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+ Details

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - $ / shares	Jun. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	104,073,000	104,073,000
Common stock, shares outstanding	103,255,000	103,255,000

Description of Business

6 Months Ended

Jun. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Description of Business

1. Description of Business

Corsair Gaming, Inc., a Delaware corporation, together with its subsidiaries (collectively, “Corsair” the “Company”, “we”, “us”, or “our”), is a global provider and innovator of high-performance products for gamers and digital creators, many of which build their own PCs using our components.

Corsair is organized into two reportable segments:

•

Redeemable Noncontrolling Interest

6 Months Ended

Jun. 30, 2024

Income Amounts Attributable to Noncontrolling Interest, Disclosures [Abstract]

Redeemable Noncontrolling Interest

15. Redeemable Noncontrolling Interest ("RNCI")

On January 1, 2022, we acquired a 51% ownership stake in Elgato iDisplay Holdings LTD. and its related companies (together “iDisplay”). We have determined that we have a controlling financial interest in iDisplay under the VOE model.

Under the Shareholders Agreement between Corsair and the iDisplay Seller a put option was provided to the iDisplay Seller to transfer to Corsair (i) 14% of their ownership interest in iDisplay upon the first anniversary of the Closing Date of the iDisplay Acquisition, and (ii) an additional 15% of their ownership interest in iDisplay upon the second anniversary of the Closing Date. The put option will expire after January 1, 2025. As of June 30, 2024, the iDisplay Seller has not exercised the put option for the transfer of the 29% of their ownership interest to Corsair.

The exercise price of the put option is based on multiples of iDisplay’s historical TTM EBITDA less any debt. The put option makes this portion of the noncontrolling interest redeemable and therefore, the RNCI is classified as temporary equity on our condensed consolidated balance sheets and carried at the greater of the initial carrying amount, increased or decreased, for the RNCI share of comprehensive income (loss), contributions and distributions, or the redemption value. The change in redemption value is recognized through retained earnings.

The following table presents the changes in RNCI for the periods presented (in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023

Balance at beginning of period	$	15,925		$	20,646		$	15,937		$	21,367
Share of net income		407			237			724			452
Share of other comprehensive loss		(50	)		(75	)		(194	)		(53	)
Dividend paid		—			—			(1,160	)		—
Change in redemption value (1)		5,385			(5,577	)		6,360			(6,535	)
Balance at end of period	$	21,667		$	15,231		$	21,667		$	15,231

(1)

Equity Incentive Plans and Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Summary of Stock-based Compensation Expense

The following table summarizes stock-based compensation expense by line item in the condensed consolidated statements of operations (in thousands):


	Three Months Ended June 30,					Six Months Ended June 30,
	2024			2023		2024		2023

Cost of revenue	$	612		$	567	$	1,157	$	1,007
Sales, general and administrative		6,432			6,607		12,713		12,478
Product development		966			1,024		1,831		1,959
Stock-based compensation expense, net of amounts capitalized (1)	$	8,010		$	8,198	$	15,701	$	15,444
Excess income tax benefits (deficiencies) related to stock-based compensation expense	$	(320	)	$	1,224	$	127	$	2,578

(1)

Stock-based compensation expense capitalized were not material for each of the periods presented.

Summary of Total Unrecognized Stock-Based Compensation Expense and Remaining Period

The following table summarizes by type of grant, the total unrecognized stock-based compensation expense and the remaining period over which such expense is expected to be recognized (in thousands, except number of years):


	June 30, 2024
	Unrecognized Expense		Remaining weighted average period (In years)

Stock options	$	31,458	2.7
RSUs		32,794	2.8
PSUs (1)		—	-
ESPP		144	0.1
Total unrecognized stock-based compensation expense	$	64,396

(1)

As of June 30, 2024, we assessed the likelihood of achieving the financial targets for the PSUs and determined that it was not probable to be achieved. As such, the stock-based compensation expense recognized from the grant date through the date of assessment was reversed, and there is no unrecognized stock-based compensation expense remaining as of June 30, 2024.

Goodwill and Intangible Assets - Summary of Changes in Carrying Amount of Goodwill by Reportable Segment (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Goodwill [Line Items]
Balance	$ 354,705
Measurement period adjustments	(28)
Effect of foreign currency exchange rates	(283)
Balance	354,394
Gaming Components and Systems
Goodwill [Line Items]
Balance	148,936
Effect of foreign currency exchange rates	(45)
Balance	148,891
Gamer and Creator Peripherals
Goodwill [Line Items]
Balance	205,769
Measurement period adjustments	(28)
Effect of foreign currency exchange rates	(238)
Balance	$ 205,503

- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

+ References + Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Business Combinations

6 Months Ended

Jun. 30, 2024

Business Combinations [Abstract]

Business Combinations

5. Business Combinations

Drop Acquisition

On July 14, 2023 (the “Acquisition Date”), we completed the acquisition of the assets and business of Massdrop Inc. (“Drop”), including the assumption of trade payables and certain accrued liabilities (the “Drop Acquisition”) for a cash purchase consideration of approximately $14.2 million, net of $0.6 million of cash acquired. On January 29, 2024, in connection with a joint release letter executed between us and Drop's seller, we received a refund of $1.0 million from escrow funds in relation to a purchase price adjustment for net working capital. With this refund, total purchase consideration, net of cash acquired, decreased to $13.2 million.

Drop, a community-based e-commerce company was headquartered in San Francisco, California, and specialized in customized DIY keyboards and keycaps. We expect this acquisition to give Corsair a leading presence in the personalized keyboards market which is one of the fastest growing trends in the gaming peripherals space as well as allow us to offer specialized Corsair and Elgato products to the enthusiast community that Drop is engaged with. Drop’s results of operations are included in our condensed consolidated statements of operations with effect from July 14, 2023.

The Drop Acquisition was accounted for as a business combination under the acquisition method of accounting. The final allocation of the Drop Acquisition purchase consideration to the estimated fair value of the assets acquired and liabilities assumed, inclusive of immaterial measurement period adjustments, was as follows (in thousands):


	Amounts

Accounts receivable	$	135
Inventories		7,739
Prepaid and other assets		866
Property and equipment		109
Identifiable intangible assets		9,160
Goodwill		5,960
Accounts payable		(7,064	)
Accrued liabilities		(3,726	)
Purchase consideration, net of cash acquired	$	13,179

The fair value of certain working capital related items, including accounts receivable, prepaid and other assets, accounts payable and accrued liabilities, as well as the fair value of property and equipment approximated their book values at the Acquisition Date. The fair value of the inventories was estimated by major category, at net realizable value, which we believe approximates the price a market participant could achieve in a current sale. The difference between the fair value of the inventories and the book value recorded on the Acquisition Date was $2.0 million, of which we recognized $0.2 million, $0.4 million and $1.5 million in cost of revenue in the condensed consolidated statements of operations for the three and six months ended June 30, 2024 and for the year ended December 31, 2023, respectively, upon the sale of the acquired inventory.

The goodwill of $6.0 million represents the expansion of our market presence by utilizing Drop's strength in direct consumer reach as well as the ability to expand the customizable keyboard and keycap market. The goodwill is deductible for tax purposes and is assigned to our Gaming Peripherals reporting unit.

The $9.2 million identifiable intangible assets acquired include developed technology of $5.2 million, trade name of $2.3 million and domain name of $1.7 million. The fair values of the identified intangible assets were estimated primarily using the income approach and were based on inputs that are not observable in the market which we consider to be Level 3 inputs. These intangible assets are being amortized over their estimated useful lives, ranging from 5 to 15 years, using the straight-line method of amortization. The identifiable intangible assets acquired are deductible for tax purposes.

The acquisition-related costs incurred in the six months ended June 30, 2024 and 2023 were not material.

Equity Incentive Plans and Stock-Based Compensation - Summary of Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense, net of amounts capitalized	$ 8,010	$ 8,198	$ 15,701	$ 15,444
Excess income tax benefits (deficiencies) related to stock-based compensation expense	(320)	1,224	127	2,578
Cost of Revenue
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense, net of amounts capitalized	612	567	1,157	1,007
Sales, General and Administrative
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense, net of amounts capitalized	6,432	6,607	12,713	12,478
Product Development
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation expense, net of amounts capitalized	$ 966	$ 1,024	$ 1,831	$ 1,959

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Equity Incentive Plans and Stock-Based Compensation

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Equity Incentive Plans and Stock-Based Compensation

11. Equity Incentive Plans and Stock-Based Compensation

As of June 30, 2024, we have two active equity incentive plans: the 2020 Equity Incentive Plan and the Employee Stock Purchase Plan (“ESPP”).

In February 2024, we granted performance stock units (“PSU”) to certain senior members of our management team under the 2020 Equity Incentive Plan. The vesting of PSUs is conditional upon the achievement of certain internal financial targets for the year ended December 31, 2024 and these will vest over a three-year service period. The number of units issued can range from 0% to 200% of the target shares depending on the achievement of the financial targets. In the event such targets are achieved, one-third of the eligible PSUs would vest and the remaining two-thirds would thereafter vest evenly over the second and third years. In the event the minimum targets are not achieved, no PSUs would vest. The compensation expense associated with PSUs is recognized using the accelerated attribution method over the requisite service period, and it is based on the estimated number of shares that is considered probable of vesting. Adjustments to the compensation expense will be made in each reporting period based on changes in our estimate of the number of PSUs that are probable of vesting.

We measure and recognize compensation for all stock-based compensation awards, including stock options, stock purchase rights, restricted stock units (“RSU”) and PSU, based upon the grant-date fair value of those awards. The grant-date fair value of our stock options and stock purchase rights is estimated using a Black-Scholes-Merton option-pricing model. The fair value of our RSUs and PSUs are calculated based on the market value of our stock at the grant date.

The following table summarizes stock-based compensation expense by line item in the condensed consolidated statements of operations (in thousands):


	Three Months Ended June 30,					Six Months Ended June 30,
	2024			2023		2024		2023

Cost of revenue	$	612		$	567	$	1,157	$	1,007
Sales, general and administrative		6,432			6,607		12,713		12,478
Product development		966			1,024		1,831		1,959
Stock-based compensation expense, net of amounts capitalized (1)	$	8,010		$	8,198	$	15,701	$	15,444
Excess income tax benefits (deficiencies) related to stock-based compensation expense	$	(320	)	$	1,224	$	127	$	2,578

(1)

Stock-based compensation expense capitalized were not material for each of the periods presented.


	June 30, 2024
	Unrecognized Expense		Remaining weighted average period (In years)

Stock options	$	31,458	2.7
RSUs		32,794	2.8
PSUs (1)		—	-
ESPP		144	0.1
Total unrecognized stock-based compensation expense	$	64,396

(1)

Debt - Summary of Future Principal Payments under Total Long-term Debt (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Debt Disclosure [Abstract]
Remainder of 2024	$ 6,250
2025	12,500
2026	162,125
Total debt	$ 180,875

Debt (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Summary of Debt

The following table presents the carrying value of our Term Loan (in thousands):


	June 30, 2024			December 31, 2023

Term Loan (variable rate) due September 2026	$	180,875		$	199,000
Debt discount and issuance cost, net of amortization		(607	)		(804	)
Total debt		180,268			198,196
Less: debt maturing within one year, net		12,218			12,190
Long-term debt, net	$	168,050		$	186,006

Summary of Interest Expense Recognized

The following table summarizes the interest expense recognized for all periods presented (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023

Credit Agreement:
Contractual interest expense for term loan	$	3,249	$	4,257	$	6,705	$	8,322
Amortization of debt discount and issuance cost		111		132		271		266
Other		76		107		151		210
Total interest expense	$	3,436	$	4,496	$	7,127	$	8,798

Summary of Future Principal Payments under Total Long-term Debt

The future principal payments under our total long-term debt as of June 30, 2024 are as follows (in thousands):


	Amounts

Remainder of 2024	$	6,250
2025		12,500
2026		162,125
2027		—
2028		—
Total debt	$	180,875

Goodwill and Intangible Assets - Summary of Intangible Assets, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Total finite-life intangibles, Gross Carrying Amount	$ 340,173	$ 340,705
Total finite-life intangibles, Accumulated Amortization	206,892	188,142
Total finite-life intangibles, Net Carrying Amount	133,281	152,563
Total intangible assets, Gross Carrying Amount	375,607	376,151
Total intangible assets, Net Carrying Amount	168,715	188,009
Other
Indefinite-life intangibles, Gross and Net Carrying Amount	4	16
Indefinite Life Trade Name
Indefinite-life intangibles, Gross and Net Carrying Amount	35,430	35,430
Developed Technology
Total finite-life intangibles, Gross Carrying Amount	47,220	47,221
Total finite-life intangibles, Accumulated Amortization	25,246	21,206
Total finite-life intangibles, Net Carrying Amount	21,974	26,015
Trade Name
Total finite-life intangibles, Gross Carrying Amount	34,159	34,114
Total finite-life intangibles, Accumulated Amortization	10,227	9,060
Total finite-life intangibles, Net Carrying Amount	23,932	25,054
Customer Relationships
Total finite-life intangibles, Gross Carrying Amount	218,452	218,453
Total finite-life intangibles, Accumulated Amortization	149,784	138,800
Total finite-life intangibles, Net Carrying Amount	68,668	79,653
Patent Portfolio
Total finite-life intangibles, Gross Carrying Amount	34,548	34,781
Total finite-life intangibles, Accumulated Amortization	19,221	17,031
Total finite-life intangibles, Net Carrying Amount	15,327	17,750
Supplier Relationships
Total finite-life intangibles, Gross Carrying Amount	5,794	6,136
Total finite-life intangibles, Accumulated Amortization	2,414	2,045
Total finite-life intangibles, Net Carrying Amount	$ 3,380	$ 4,091

Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying Amount of Goodwill by Reportable Segment

Goodwill

The following table summarizes the changes in the carrying amount of goodwill by reportable segment (in thousands):


	Gaming Components and Systems			Gamer and Creator Peripherals			Total

Balance as of December 31, 2023	$	148,936		$	205,769		$	354,705
Measurement period adjustments		—			(28	)		(28	)
Effect of foreign currency exchange rates		(45	)		(238	)		(283	)
Balance as of June 30, 2024	$	148,891		$	205,503		$	354,394

Summary of Intangible Assets, Net

The following table is a summary of intangible assets, net (in thousands):


	June 30, 2024						December 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Developed technology	$	47,220	$	25,246	$	21,974	$	47,221	$	21,206	$	26,015
Trade name		34,159		10,227		23,932		34,114		9,060		25,054
Customer relationships		218,452		149,784		68,668		218,453		138,800		79,653
Patent portfolio		34,548		19,221		15,327		34,781		17,031		17,750
Supplier relationships		5,794		2,414		3,380		6,136		2,045		4,091
Total finite-life intangibles		340,173		206,892		133,281		340,705		188,142		152,563
Indefinite life trade name		35,430		—		35,430		35,430		—		35,430
Other		4		—		4		16		—		16
Total intangible assets	$	375,607	$	206,892	$	168,715	$	376,151	$	188,142	$	188,009

Schedule of Estimated Future Amortization Expense of Intangible Assets

The estimated future amortization expense of intangible assets as of June 30, 2024 is as follows (in thousands):


	Amounts

Remainder of 2024	$	18,983
2025		37,616
2026		34,311
2027		24,654
2028		4,379
Thereafter		13,338
Total	$	133,281

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482548/350-20-55-24

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
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Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1A

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-2

+ Details

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net loss	$ (34,536)	$ (5,727)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Stock-based compensation	15,701	15,420
Depreciation	6,180	5,933
Amortization	19,016	19,498
Deferred income taxes	(15,265)	(5,699)
Other	1,381	2,282
Changes in operating assets and liabilities:
Accounts receivable	75,819	13,926
Inventories	(25,870)	(19,342)
Prepaid expenses and other assets	7,334	(5,587)
Accounts payable	(72,018)	25,560
Other liabilities and accrued expenses	(22,521)	(2,292)
Net cash (used in) provided by operating activities	(44,779)	43,972
Cash flows from investing activities:
Purchase of property and equipment	(5,029)	(7,457)
Purchase of intangible asset	(100)
Purchase price adjustment related to business acquisition	1,041
Bridge Loan receivable	(12,310)
Net cash used in investing activities	(16,398)	(7,457)
Cash flows from financing activities:
Repayment of debt	(18,125)	(11,250)
Payment of deferred and contingent consideration	(4,942)	(950)
Proceeds from issuance of shares through employee equity incentive plans	3,300	6,379
Payment of taxes related to net share settlement of equity awards	(415)	(787)
Dividend paid to noncontrolling interest	(1,960)
Payment of other offering costs		(497)
Net cash used in financing activities	(22,142)	(7,105)
Effect of exchange rate changes on cash	(658)	542
Net (decrease) increase in cash and restricted cash	(83,977)	29,952
Cash and restricted cash at the beginning of the period	178,564	154,060
Cash and restricted cash at the end of the period	94,587	184,012
Supplemental cash flow disclosures:
Cash paid for interest	6,878	8,349
Cash paid for income taxes, net	3,778	541
Supplemental schedule of non-cash investing and financing activities:
Equipment purchased and unpaid at period end	1,649	1,806
Right-of-use assets obtained in exchange for operating lease liabilities	$ 27,335	$ 2,161

Net Loss Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Loss Per Share

The following table summarizes the calculation of basic and diluted net loss per share (in thousands, except per share amounts):


	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023

Numerator
Net loss	$	(23,507	)	$	(4,079	)	$	(34,536	)	$	(5,727	)
Less: Net income attributable to noncontrolling interest		687			401			1,223			765
Net loss attributable to Corsair Gaming, Inc.		(24,194	)		(4,480	)		(35,759	)		(6,492	)
Change in redemption value of redeemable noncontrolling interest		(5,385	)		5,577			(6,360	)		6,535
Net income (loss) attributable to common stockholders of Corsair Gaming, Inc.	$	(29,579	)	$	1,097		$	(42,119	)	$	43
Denominator
Basic weighted-average shares outstanding		103,956			102,304			103,760			101,996
Effect of dilutive securities		—			4,198			—			4,173
Total diluted weighted-average shares outstanding		103,956			106,502			103,760			106,169

Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.:
Basic	$	(0.28	)	$	0.01		$	(0.41	)	$	0.00
Diluted	$	(0.28	)	$	0.01		$	(0.41	)	$	0.00

Anti-dilutive potential common shares (1)		13,994			5,004			13,354			4,858

(1)

Potential common share equivalents were not included in the calculation of diluted net loss per share as the effect would have been anti-dilutive.

Balance Sheet Components

6 Months Ended

Jun. 30, 2024

Balance Sheet Related Disclosures [Abstract]

Balance Sheet Components

7. Balance Sheet Components

The following tables present the components of certain balance sheet amounts (in thousands):


	June 30, 2024		December 31, 2023

Cash	$	92,178	$	175,620
Restricted cash—short term		2,166		2,705
Restricted cash—noncurrent		243		239
Total cash and restricted cash	$	94,587	$	178,564


	June 30, 2024			December 31, 2023

Accounts receivable	$	177,123		$	254,433
Bridge Loan receivable (1)		12,823			—
Due from Factor		—			283
Allowance for doubtful accounts		(1,382	)		(1,448	)
Accounts receivable, net (2)	$	188,564		$	253,268

(1)

(2)


	June 30, 2024		December 31, 2023

Raw materials	$	43,844	$	64,576
Work in progress		7,906		5,204
Finished goods		213,787		170,392
Inventories	$	265,537	$	240,172


	June 30, 2024			December 31, 2023

Manufacturing equipment	$	30,526		$	28,168
Leasehold improvements		20,690			19,789
Computer equipment, software and office equipment		16,164			16,083
Furniture and fixtures		4,257			3,825
Total property and equipment	$	71,637		$	67,865
Less: Accumulated depreciation and amortization		(40,677	)		(35,653	)
Property and equipment, net	$	30,960		$	32,212


	June 30, 2024		December 31, 2023

Right-of-use assets	$	57,320	$	36,324
Deferred tax asset		37,037		27,749
Other		5,948		6,636
Other assets	$	100,305	$	70,709


	June 30, 2024		December 31, 2023

Accrued reserves for customer incentive programs	$	34,105	$	41,148
Accrued reserves for sales returns		31,912		36,822
Operating lease liabilities, current		15,447		9,721
Accrued payroll and related expenses		12,225		17,989
Accrued freight expenses		9,302		13,553
Accrued legal expense		6,854		1,014
Accrued warranty		5,176		7,155
Contract liabilities		3,931		7,442
Other		23,952		31,496
Other liabilities and accrued expenses	$	142,904	$	166,340


	June 30, 2024		December 31, 2023

Operating lease liabilities, noncurrent	$	53,180	$	38,587
Other		4,740		3,008
Other liabilities, noncurrent	$	57,920	$	41,595

Segment and Geographic Information - Summary of Net Revenue By Geographic Region (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Net revenue	$ 261,300	$ 325,432	$ 598,557	$ 679,396
Americas
Segment Reporting Information [Line Items]
Net revenue	146,403	169,027	321,375	354,925
Europe and Middle East
Segment Reporting Information [Line Items]
Net revenue	86,354	105,130	202,089	218,571
Asia Pacific
Segment Reporting Information [Line Items]
Net revenue	$ 28,543	$ 51,275	$ 75,093	$ 105,900

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479941/924-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-42

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-40

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-41

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-4

+ Details

Net Loss Per Share - Computation of Basic and Diluted Net Loss Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Numerator
Net loss	$ (23,507)	$ (4,079)	$ (34,536)	$ (5,727)
Less: Net income attributable to noncontrolling interest	687	401	1,223	765
Net loss attributable to Corsair Gaming, Inc.	(24,194)	(4,480)	(35,759)	(6,492)
Change in redemption value of redeemable noncontrolling interest	(5,385)	5,577	(6,360)	6,535
Net income (loss) attributable to common stockholders of Corsair Gaming, Inc.	$ (29,579)	$ 1,097	$ (42,119)	$ 43
Denominator
Basic weighted-average shares outstanding	103,956	102,304	103,760	101,996
Effect of dilutive securities		4,198		4,173
Total diluted weighted-average shares outstanding	103,956	106,502	103,760	106,169
Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.:
Basic	$ (0.28)	$ 0.01	$ (0.41)	$ 0
Diluted	$ (0.28)	$ 0.01	$ (0.41)	$ 0
Anti-dilutive potential common shares	13,994	5,004	13,354	4,858

Debt - Summary of Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Total debt	$ 180,875
Debt discount and issuance cost, net of amortization	(607)	$ (804)
Total debt	180,268	198,196
Less: debt maturing within one year, net	12,218	12,190
Long-term debt, net	168,050	186,006
Term Loan
Debt Instrument [Line Items]
Total debt	$ 180,875	$ 199,000

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

- Definition

Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

+ References + Details

Business Combinations - Additional Information (Details) - USD ($) $ in Thousands			3 Months Ended		6 Months Ended		12 Months Ended
	Jan. 29, 2024	Jul. 14, 2023	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Business Acquisition [Line Items]
Cost of revenue			$ 198,215	$ 242,600	$ 448,833	$ 511,160
Goodwill			354,394		354,394		$ 354,705
Gamer and Creator Peripherals
Business Acquisition [Line Items]
Goodwill			205,503		205,503		205,769
Gaming Components and Systems
Business Acquisition [Line Items]
Goodwill			148,891		148,891		148,936
Drop Acquisition
Business Acquisition [Line Items]
Fair value of consideration	$ 13,200	$ 14,200
Purchase price adjustment	$ 1,000
Inventory		2,000
Cost of revenue			$ 200		$ 400		$ 1,500
Cash acquired		600
Goodwill		5,960
Identifiable intangible assets acquired		$ 9,200
Drop Acquisition \| Minimum
Business Acquisition [Line Items]
Intangible assets estimated useful lives		5 years
Drop Acquisition \| Maximum
Business Acquisition [Line Items]
Intangible assets estimated useful lives		15 years
Drop Acquisition \| Developed Technology
Business Acquisition [Line Items]
Identifiable intangible assets acquired		$ 5,200
Drop Acquisition \| Trade Name
Business Acquisition [Line Items]
Identifiable intangible assets acquired		2,300
Drop Acquisition \| Domain Name
Business Acquisition [Line Items]
Identifiable intangible assets acquired		$ 1,700

Business Combinations (Tables)

6 Months Ended

Jun. 30, 2024

Business Acquisition [Line Items]

Schedule of Estimated Fair Value of Assets Acquired and Liabilities


	Amounts

Accounts receivable	$	135
Inventories		7,739
Prepaid and other assets		866
Property and equipment		109
Identifiable intangible assets		9,160
Goodwill		5,960
Accounts payable		(7,064	)
Accrued liabilities		(3,726	)
Purchase consideration, net of cash acquired	$	13,179

Condensed Consolidated Statements of Comprehensive Loss (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax benefit	$ 43	$ 64	$ 167	$ 46
Unrealized foreign exchange loss from long-term intercompany loans, tax benefit (expense)	$ 0	$ 0	$ 160	$ (127)

Balance Sheet Components - Schedule of Components of Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Balance Sheet Related Disclosures [Line Items]
Cash	$ 92,178	$ 175,620
Restricted cash-short term	2,166	2,705
Restricted cash-noncurrent	243	239
Total cash and restricted cash	94,587	178,564	$ 184,012	$ 154,060
Accounts receivable	177,123	254,433
Bridge loan receivable	12,823
Due from Factor		283
Allowance for doubtful accounts	(1,382)	(1,448)
Accounts receivable, net	188,564	253,268
Raw materials	43,844	64,576
Work in progress	7,906	5,204
Finished goods	213,787	170,392
Inventories	265,537	240,172
Total property and equipment	71,637	67,865
Less: Accumulated depreciation and amortization	(40,677)	(35,653)
Property and equipment, net	30,960	32,212
Right-of-use assets	57,320	36,324
Deferred tax asset	37,037	27,749
Other	5,948	6,636
Other assets	100,305	70,709
Accrued reserves for customer incentive programs	34,105	41,148
Accrued reserves for sales returns	31,912	36,822
Operating lease liabilities, current	$ 15,447	$ 9,721
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other liabilities and accrued expenses	Other liabilities and accrued expenses
Accrued payroll and related expenses	$ 12,225	$ 17,989
Accrued freight expenses	9,302	13,553
Accrued legal expense	6,854	1,014
Accrued warranty	5,176	7,155
Contract liabilities	3,931	7,442
Other	23,952	31,496
Other liabilities and accrued expenses	142,904	166,340
Operating lease liabilities, noncurrent	$ 53,180	$ 38,587
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other liabilities, noncurrent	Other liabilities, noncurrent
Other	$ 4,740	$ 3,008
Other liabilities, noncurrent	57,920	41,595
Manufacturing Equipment
Balance Sheet Related Disclosures [Line Items]
Total property and equipment	30,526	28,168
Leasehold Improvements
Balance Sheet Related Disclosures [Line Items]
Total property and equipment	20,690	19,789
Computer Equipment, Software and Office Equipment
Balance Sheet Related Disclosures [Line Items]
Total property and equipment	16,164	16,083
Furniture and Fixtures
Balance Sheet Related Disclosures [Line Items]
Total property and equipment	$ 4,257	$ 3,825

Segment and Geographic Information - Summary of Financial Information for Each Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Net revenue	$ 261,300	$ 325,432	$ 598,557	$ 679,396
Total gross profit	63,085	82,832	149,724	168,236
Gamer and Creator Peripherals
Segment Reporting Information [Line Items]
Net revenue	94,229	78,755	201,202	167,697
Total gross profit	35,699	25,509	79,342	52,157
Gaming Components and Systems
Segment Reporting Information [Line Items]
Net revenue	167,071	246,677	397,355	511,699
Total gross profit	$ 27,386	$ 57,323	$ 70,382	$ 116,079

- Definition

Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.

Commitments and Contingencies - Schedule of Total Long-Term Non-Cancelable Purchase Commitment (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Remainder of 2024	$ 31
2025	81
2026	100
2027	50
Total	$ 262

Debt - Summary of Interest Expense Recognized (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Debt Instrument [Line Items]
Other	$ 76	$ 107	$ 151	$ 210
Total interest expense	3,436	4,496	7,127	8,798
Credit Agreement, Term Loan
Debt Instrument [Line Items]
Contractual interest expense for term loan	3,249	4,257	6,705	8,322
Credit Agreement
Debt Instrument [Line Items]
Amortization of debt discount and issuance cost	$ 111	$ 132	$ 271	$ 266

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details