Corsair Gaming announced that Gordon Mattingly will become its Chief Financial Officer, effective December 2, 2025, succeeding Michael G. Potter who will remain in an advisory capacity through March 31, 2026.
Mattingly brings more than 15 years of experience in consumer electronics and SaaS, having led financial strategy and capital allocation at Arlo Technologies during its transition to a subscription‑based model. His background in scaling companies through IPOs and restructuring operations is expected to support Corsair’s goal of disciplined growth in the gaming and creator markets.
The appointment signals Corsair’s intent to strengthen its financial leadership amid a period of rapid product expansion and strategic acquisitions, including the integration of Fanatec and the continued growth of its Elgato and SCUF Gaming brands. Management believes Mattingly’s expertise will help the company translate revenue growth into sustainable profitability and navigate the evolving competitive landscape.
Corsair’s most recent quarterly results, released on November 4, 2025, showed revenue of $345.8 million, a 14 % increase from the $302.5 million reported in Q3 2024. Gross profit rose 34 % to $93.1 million, and gross margin expanded to 26.9 % from 22.9 % a year earlier, driven by higher sales of gaming components and systems and a favorable mix shift toward higher‑margin peripherals. However, adjusted earnings per share fell to $0.06, missing the consensus estimate of $0.09 by $0.03, a 33 % shortfall. The miss was largely attributed to higher-than‑expected operating expenses and a one‑time charge related to restructuring costs in the peripherals segment.
For the full year 2025, Corsair updated its guidance to a net revenue range of $1.425 billion to $1.475 billion, adjusted operating income of $76 million to $81 million, and adjusted EBITDA of $85 million to $90 million. The revised outlook reflects management’s confidence in continued demand for gaming hardware and content‑creation tools, while acknowledging ongoing trade‑policy uncertainties and supply‑chain constraints that could impact cost structures.
Investors reacted negatively to the earnings miss, focusing on the shortfall in adjusted EPS despite strong revenue and margin growth. The market’s response underscores the importance placed on profitability metrics in evaluating Corsair’s performance and future prospects.
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