Corsair Gaming (FRA:6C2) Gross Margin %: 32.73% (As of Mar. 2026) — 32% Above Median


FRA:6C2 Corsair Gaming Inc FRA:6C2
71 GF Score
Price €7.57
GF Value €8.33
Valuation Fairly Valued
! 3 Warning Signs
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What is Corsair Gaming Gross Margin %?

Corsair Gaming FRA:6C2 -2.51% 71 Gross Margin % is 32.73% as of Mar. 2026, which is 32% above its 10-year median of 24.79. GuruFocus rates FRA:6C2 with a GF Score™ of 71/100 and a GF Value™ of €8.33 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,454 Hardware companies, Corsair Gaming ranks better than 60.39% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Corsair Gaming's Gross Profit for the three months ended in Mar. 2026 was €100 Mil. Corsair Gaming's Revenue for the three months ended in Mar. 2026 was €307 Mil. Therefore, Corsair Gaming's Gross Margin % for the quarter that ended in Mar. 2026 was 32.73%.


The historical rank and industry rank for Corsair Gaming's Gross Margin % or its related term are showing as below:

FRA:6C2' s Gross Margin % Range Over the Past 10 Years
Min: 20.44   Med: 24.79   Max: 30.16
Current: 30.16


During the past 8 years, the highest Gross Margin % of Corsair Gaming was 30.16%. The lowest was 20.44%. And the median was 24.79%.

FRA:6C2's Gross Margin % is ranked better than
60.39% of 2454 companies
in the Hardware industry
Industry Median: 24.565 vs FRA:6C2: 30.16

Corsair Gaming had a gross margin of 32.73% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Corsair Gaming was 0.50% per year.


Corsair Gaming  (FRA:6C2) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Corsair Gaming had a gross margin of 32.73% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Corsair Gaming Gross Margin % Related Terms


Corsair Gaming Gross Margin % Historical Data

* Premium members only.

The historical data trend for Corsair Gaming's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Corsair Gaming Gross Margin % Chart

Corsair Gaming Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 26.99 21.57 24.68 24.89 28.92

Corsair Gaming Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.68 26.83 26.92 33.09 32.73

FRA:6C2 vs UMAC, CRCT, SSYS: Gross Margin % Comparison

For the Computer Hardware subindustry, Corsair Gaming's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corsair Gaming Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Corsair Gaming's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Corsair Gaming's Gross Margin % falls into.


FRA:6C2
71GF Score
Corsair Gaming Inc FRA:6C2
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Corsair Gaming Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Corsair Gaming's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=363.7 / 1257.498
=(Revenue - Cost of Goods Sold) / Revenue
=(1257.498 - 893.794) / 1257.498
=28.92 %

Corsair Gaming's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=100.4 / 306.653
=(Revenue - Cost of Goods Sold) / Revenue
=(306.653 - 206.288) / 306.653
=32.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 32.73% mean?
Corsair Gaming (FRA:6C2) has a Gross Margin % of 32.73% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Corsair Gaming and its competitors. This is 32% above median its historical median of 24.79. Over the past decade, Corsair Gaming's Gross Margin % has ranged from 20.44 to 30.16. According to the industry distribution chart, Corsair Gaming ranks #972 out of 2454 companies in the Hardware industry, placing it in the top 39.6%.
Is Corsair Gaming's Gross Margin % too high?
Corsair Gaming's current Gross Margin % of 32.73% is 32% above median its 10-year median of 24.79. Over the past 10 years, this metric has ranged from a low of 20.44 to a high of 30.16. The Hardware industry median Gross Margin % is 24.57. Corsair Gaming's value of 32.73% is 33.2% above this industry median. Based on the distribution chart, Corsair Gaming ranks #972 out of 2454 companies in the Hardware industry, which is above the industry midpoint. Overall, Corsair Gaming has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corsair Gaming's Gross Margin % compare to UMAC and CRCT?
According to the Hardware industry distribution chart, Corsair Gaming ranks #972 out of 2454 companies for Gross Margin %. This puts Corsair Gaming in the upper half of its industry. The industry median Gross Margin % is 24.57. Corsair Gaming's value of 32.73% is 33.2% above this benchmark. Historically, Corsair Gaming's own Gross Margin % has ranged from 20.44 to 30.16 over the past decade. While the company's 10-year median is 24.79 vs. the industry median of 24.57, Corsair Gaming has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Hardware company?
The median Gross Margin % among Hardware companies is 24.57, based on 2,454 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corsair Gaming's current Gross Margin % of 32.73% is 33.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Corsair Gaming and its competitors. For the Hardware industry, the median Gross Margin % is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corsair Gaming's current Gross Margin % is 32.73%, which is 32% above median its own 10-year median of 24.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corsair Gaming stock overvalued right now?
Based on GuruFocus' analysis, Corsair Gaming (FRA:6C2) is currently considered Fairly Valued. The stock's GF Value™ is €8.33, compared to a current price of €7.57 — trading 9.2% below its estimated fair value. The current Gross Margin % is 32.73%, which is 32% above median its 10-year median of 24.79 and 33.2% above the Hardware industry median of 24.57. Corsair Gaming's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Corsair Gaming (FRA:6C2), the current Gross Margin % is 32.73% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Corsair Gaming (FRA:6C2) Overvalued in 2026?

Based on GuruFocus' analysis, Corsair Gaming stock appears to be undervalued. The current stock price of €7.57 is trading 9.2% below its estimated GF Value™ of €8.33. GuruFocus considers Corsair Gaming to be Fairly Valued.

Key valuation signals for FRA:6C2:

  • Gross Margin %: 32.73% (32% above median its 10-year median of 24.79)
  • GF Value™: €8.33 vs. price of €7.57 (9.2% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 33.2% above the Hardware median (#972 of 2454)

No single metric tells the full story. See the FRA:6C2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corsair Gaming Business Description

Address 115 N. McCarthy Boulevard, Milpitas, CA, USA, 95035
Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mousepads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals, which is the key revenue-generating segment; and Gaming Components and Systems. Geographically, the group derives revenue from the United States (U.S.), Americas (excluding U.S.) , Europe and the Middle East, and the Asia Pacific, of which maximum revenue is generated from United States (U.S.).
71GF Score

Get the complete analysis for FRA:6C2

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.57
Price
€8.33
GF Value