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PREDA 100 1708 0 CORSAIR WORLDS AHEAD 713 Q2 INVESTOR PRESENTATION AUGUST 2026
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 Non-GAAP Financial Measures Included in this presentation are certain non-GAAP financial measures, including Adjusted Operating Income (Loss), Adjusted EBITDA, Adjusted Net Income (Loss) and Adjusted Net Earnings (Loss) Per Share, which are not recognized under the generally accepted accounting principles (“GAAP”) in the United States and designed to complement the financial information presented in accordance with GAAP in the United States because management believes such measures are useful to investors. The non-GAAP measures have limitations as analytical tools and you should not consider them in isolation of, or as an alternative to, measures prepared in accordance with U.S. GAAP. The non-GAAP measures used by the Company may differ from the non-GAAP measures used by other companies. The Company urges you to review the reconciliation of its non-GAAP financial measures to the most directly comparable U.S. GAAP financial measures set forth in the Appendix to this presentation, and not to rely on any single financial measure to evaluate the Company's business. Market and Industry Data This presentation also contains estimates and other statistical data made by independent parties and by the Company relating to the Company’s industry, the Company’s business and the market for the Company’s products and its future growth. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. In addition, projections, assumptions, and estimates of the Company’s future performance and the future performance of the market for its products are necessarily subject to a high degree of uncertainty and risk. DISCLAIMER Forward-Looking Statements This press release contains express and implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company’s financial outlook for the third quarter 2026 and the full year 2026; potential future growth in certain product categories; future headwinds and tailwinds that may impact the Company’s sales and results of operations including semiconductor supply constraints and demand for AI-focused workstations; the potential growth and the long-term trajectory of our segments; expected synergies from the acquisition of Trak Racer; the potential market opportunity for desktop AI PCs; the anticipated timeline for a more meaningful contribution from the Company's AI workstation initiative; statements regarding the status of the tariff refund process and the possibility of future administrative adjustments; and the Company's view that elevated DIY PC demand has been deferred rather than lost and its positioning to benefit as market conditions normalize. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: the Company’s limited operating history, which makes it difficult to forecast the Company’s future results of operations; current macroeconomic conditions, including the impacts of high inflation and risk of recession, on demand for our products, consumer confidence and financial markets generally; changes in trade regulations, p olicies, and agreements and the imposition of tariffs that affect our products or operations, including potential new tariffs that may be imposed on U.S. imports and our ability to mitigate; the Company’s ability to build and maintain the strength of the Company’s brand among gaming, streaming and content creator enthusiasts and ability to continuously develop and successfully market new products and improvements to existing products; the introduction and success of new third-party high-performance computer hardware, particularly graphics processing units and central processing units as well as sophisticated new video games; fluctuations in operating results; the loss or inability to attract and retain key management; the impacts from geopolitical events and unrest; delays or disruptions at the Company or third-parties’ manufacturing and distribution facilities; and the other factors described under the heading “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the Securities and Exchange Commission (“SEC”) and our subsequent filings with the SEC. All forward-looking statements reflect o ur beliefs and assumptions only as of the date of this press release. We undertake no obligation to update forward-looking statements to reflect future events or circumstances. Our results for the quarter ended June 30, 2026 are also not necessarily indicative of our operating results for any future periods.
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 Corsair is building one platform for digital enthusiasts to play, create, train, and build. Our software and advance components let each customer tune performance to their own use case and scale up as their needs grow. One Platform. Every Pursuit. CORSAIR INVESTOR PRESENTATION : AUGUST 2026
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 CORSAIR’s mission is to design and deliver high - quality, high - performance PC components, streaming solution, and Sim Racing gear that empower gamers, creators, and builders worldwide. Powered By Passion. Dedicated To Play. CORSAIR INVESTOR PRESENTATION : AUGUST 2026
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 CORSAIR AT A GLANCE (1) See appendix for reconciliation of non-GAAP metrics to most comparable GAAP metrics (2) Trailing 12-month period ending 6/30/2026. YoY growth compared to same period ending 6/30/2025. (3) Trailing 12-month adjusted EBITDA excludes $14.3 million tariff refund benefit in Q2 2026 (4) Source: PCMag, CORSAIR brand net promoter score https://www.pcmag.com/articles/the-best-tech-brands-for-2026. Products sold in 70+ countries Founded in 1994 HQ: Milpitas, CA NASDAQ CRSR NPS Score4 64.5 Trailing 12-month GROSS PROFIT(2) $458M +25% YoY Trailing 12-month REVENUE(2) $1,451M +3% YoY Trailing 12-month ADJUSTED EBITDA(1)(2)(3) $122M +78% YoY *Source: Circana 2025 US Market + CORSAIR internal data Market Leader in Gamer + Creator Peripherals and Performance PC Ecosystem
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 DIVERSIFIED PORTFOLIO OF LEADING BRANDS Together, our brands form a powerful ecosystem for gamers, creators, and enthusiasts around the world. GAMING COMPONENTS AND SYSTEMS GAMER AND CREATOR PERIPHERALS High-Performance PC Hardware for advance gaming and computing Exclusive limited releases Destination Custom built PCs for Prosumers. Customizable, advanced paddle gaming controllers Empowering creators & studios worldwide to produce original premium content World renowned in professional sim racing solutions Professional AI Workstations & Servers
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 NPS SCORE* 64.5 Score Range Label What It Means 70+ World-class The brand now has loyal fan base 50-70 Excellent The brand is delivering standout experiences 30-50 Great The brand is delighting customers consistently 20-30 Good The brand is a few critics but more brand advocates 0 and above Favorable The brand is beginning to be a crowd favorite *Source: PCMag, CORSAIR brand net promoter score https://www.pcmag.com/articles/the-best-tech-brands-for-2026 TRUSTED BRAND Our customers appreciate the value we deliver
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 OVER 100 AWARDS FOR INNOVATION, QUALITY AND PERFORMANCE Our award-winning product portfolio is consistently recognized by experts. Excellent
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THE CORSAIR ADVANTAGE
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THE INDUSTRY IS EVOLVING Gaming, creation and AI computing are converging into one digital workspace. Customers increasingly expect connected hardware, intelligent software and seamless workflows. The opportunity is expanding beyond gamers to creators, developers and AI early adopters. CORSAIR INVESTOR PRESENTATION : AUGUST 2026
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CORSAIR is building the platform where digital enthusiasts play, create, train and build. Our customers rely on high-performance hardware, intelligent software and immersive experiences to perform at their best. AI enablement drives deeper customer usage, increasing the value of our software and hardware ecosystem. OUR VISION CORSAIR INVESTOR PRESENTATION : AUGUST 2026
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 FOUR CORSAIR CUSTOMER JOURNEYS Powered by one connected ecosystem PLAY › CORSAIR GAMING › SCUF GAMING CREATE › ELGATO TRAIN › FANATEC › TRAK RACER BUILD & COMPUTE › CORSAIR COMPONENTS › CORSAIR PRO › ORIGIN PC CORSAIR INVESTOR PRESENTATION : AUGUST 2026
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THE CORSAIR PLATFORM Each new product strengthens the value of the ecosystem. PERFORMANCE LAYER › Premium PC Components › Prebuilt Performance Computers › High Speed Input Devices › Creator A/V Solutions › Sim Training Hardware CONTROL LAYER › Stream Deck Eco System › ICUE PC Control Software › Bitfocus Show Control › AI Workstations › Personalization › AI eCommerce Engine INTELLIGENCE LAYER CORSAIR INVESTOR PRESENTATION : AUGUST 2026
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 THE CORSAIR FLYWHEEL Customer enters through any of our categories. Connected software increases engagement. Cross-brand adoption expands the ecosystem. Higher loyalty and lifetime value drive sustainable growth. AI and seamless control deliver value. 1 2 3 4 5
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 THE STREAM DECK CONTROL ECOSYSTEM › Control software + visual hardware button interface › Customizable LCD key display – map any action to any key › Cross deployed across Corsair products and partner's solutions › Plugin engine spans gaming, streaming, productivity, broadcasting, AI workflows and more WHAT IS STREAM DECK? 100%+ YoY in 1H26 Elgato Marketplace Revenue & Transactions +500K accounts 1H26 AI assisted plugin dev expanding contributor base Small improvements build momentum over time, leading to accelerated growth. More Developers More Users Richer Ecosystem Marketplace Growth
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 ELGATO MARKETPLACE Elgato Marketplace is a flywheel and digital platform where Creators, Streamers, YouTubers, and Professionals discover and purchase thousands of plugins, overlays, and workflow tools that enhance their content and productivity. Meanwhile, developers can monetize the assets they build for the Elgato ecosystem.
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MARKET OPPORTUNITY
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 DOUBLE-DIGIT TAM GROWTH IN OUR CORE MARKETS The global high-performance gaming and creator products market is projected to grow at a ~16% CAGR from ‘24-30 ~$107bn (2024) Global Gaming PC and Peripherals Market $68bn Hardware Global Gaming RAM Market $10bn Memory Global Creator Economy-in-Gaming Market $29bn Platform CAGR: 12.9% CAGR: 8.0% CAGR: 23.2% ~$257bn (2030) Global Gaming PC and Peripherals Market $141bn CAGR: 12.9% Hardware Global Gaming RAM Market $16bn CAGR: 8.0% Memory Global Creator Economy-in-Gaming Market $100bn CAGR. 23.2% Platform Demand for High-Performance PC Hardware Growth in Gaming and Esports Expansion of Content Creation and Streaming Elgato Marketplace Flywheel Rapid Hardware Innovation Customization and Upgradeability KEY GROWTH DRIVERS *Sources: Grand View Research, Market.us, Market Research Intellect with geometric interpolation
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 ADDITIONAL GROWTH OPPORTUNITIES IN EMERGING CATEGORIES ~$57bn (2024) Racing Simulators $0.54bn Broadcast Hardware Market $5.4bn AI Workstations $51bn CAGR: 15.5% CAGR: 6.8% CAGR: 42.8% ~$439bn (2030) Racing Simulators $1.28bn CAGR: 15.5% Broadcast Hardware Market $8bn CAGR: 6.8% AI Workstations Market $430bn CAGR. 42.8% AI Workstations Modern Control for Broadcasting Sim Racing and Hardware Growth AI Demand Acceleration Among Prosumers and SMB Hardware Customization KEY GROWTH DRIVERS *Sources: Grand View Research, Global Market Insights with geometric interpolation, Diligence Insights Rising Demand on Sim Racing and Local AI
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CORSAIR CONFIDENTIAL BUSINESS UPDATE
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PLAY
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Source: *Newzoo **Konvoy › GTA VI is estimated to be #1 selling title across essentially every major platform. Estimated to sell up to 51 million copies the first week of launch*, and up to 85 million the first year.** › While we expect console launch this year to fuel headset, gaming controller, and capture card sales, we also anticipate a component upgrade cycle in 2027 when the game launches for PC NEW GAME RELEASE CORSAIR x GTA VI CORSAIR INVESTOR PRESENTATION : AUGUST 2026
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NEW PRODUCT LAUNCH › With Rapid Trigger and FlashTap SOCD, the NOVABLADE PRO WIRELESS delivers the frame-perfect control you need to land ground-shattering combos instantly. › With anti-fray stitched edges paired with an anti-skid rubber base, MM300 2XL ensures you have the stability to endure any super powered battle that comes your way. CORSAIR x INVINCIBLE VS NOVABLADE PRO WIRELESS CORSAIR INVESTOR PRESENTATION : AUGUST 2026
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OMEGA CONTROLLER › Officially Licensed PlayStation® 5 performance controller, engineered for seamless integration and low-latency connectivity. › Designed to meet Sony’s exacting performance standards for input response, power management, and wireless stability you can trust. › Customize almost every input on your controller. Full control over your trigger and thumbsticks response curves, action buttons, and true 0% thumbstick deadzone. › Strong launch performance with GTA VI tailwind NEW PRODUCT LAUNCH CORSAIR INVESTOR PRESENTATION : AUGUST 2026
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TRAIN
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 › The combined portfolio is expected to enable more complete ecosystem solutions, simplify the buying experience, and drive greater attachment of cockpits, controls, displays, gaming PCs, and accessories, while maintaining the quality, innovation, and customer choice that define both brands. CORSAIR INVESTOR PRESENTATION : AUGUST 2026 › We completed the acquisition of Trak Racer, expanding Fanatec’s sim racing ecosystem with complementary hardware while broadening Trak Racer's global distribution through our platform. › The acquisition also extends our addressable market beyond sim racing hardware into flight and motorbike simulation, creating new growth opportunities in a complementary enthusiast category.
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 PARTNERSHIP ›This partnership adds Nissan to Fanatec's growing portfolio of automotive licenses, alongside brands such as BMW, Bentley, Porsche, McLaren, and Formula 1, continuing the company's strategy of offering officially branded sim racing hardware. ›Fanatec has entered into a new licensing partnership with Nissan to develop officially licensed sim racing steering wheels. CORSAIR INVESTOR PRESENTATION : AUGUST 2026
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CREATE
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 OUR STRATEGIC INVESTMENT IN BITFOCUS Extending Elgato Stream Deck control layer into professional broadcast production › During the quarter we made a minority investment in Bitfocus, the software company behind Companion and Buttons. › The investment formalizes a nearly decade-long relationship that turned Stream Deck into a trusted control surface for broadcast, AV, and event production worldwide. › The partnership gives us a complete software-and-hardware solution for professional production, aligns Stream Deck’s roadmap with Bitfocus, and unlocks synergies through joint R&D and go-to-market efforts. › Corsair and Bitfocus also established a partnership under which Stream Deck Studio will serve as the preferred and primary control surface across Bitfocus customer deployments. Broadcast Galleries and Master Control (MCR) Corporate Events and Live Performances Installed AV Space and Education
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 › Strong quarter with gross revenue and transaction volume each up over 100%.* › Marketplace product submissions also increased more than 300%, and more than 500,000 new accounts were created.* › AI-assisted development is making it easier for creators and developers to build new profiles and plug -ins, increasing the utility of the Stream Deck ecosystem and supporting future recurring-revenue opportunities. *Source: Internal marketplace data
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BUILD AND COMPUTE
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NEW PRODUCT LAUNCH › Featuring vibrant RGB lighting, intricate UV-printed artwork, and patented micro-drilled side plates with diffuse lighting. › Highly binned DDR5 and a custom in-house PCB deliver record-breaking speed and overclocking precision. › Optimized for the latest generation of DDR5 compatible AMD and INTEL® Motherboards. CORSAIR INVESTOR PRESENTATION : AUGUST 2026 ARTIST SERIES ULTRA OVERCLOCKED DRAM
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V20R V50R V80T NEW PRODUCT LAUNCH › FlexPrime is an AI workstation designed for modern AI development and inference. › Delivering workstation-class performance with enterprise reliability, it enables teams to develop, fine -tune, and deploy AI locally with speed, security, and confidence. › Powered by AMD and Nvidia Blackwell architecture. › Partnered with AMD at AMD Advancing AI 2026 Event to strengthen CORSAIR PRO's presence in AI infrastructure and high-performance computing through a live technology collaboration. We demonstrated how customizable CORSAIR PRO systems can be tailored for AI, engineering, scientific research, and other compute-intensive workloads. CORSAIR PRO FLEXPRIME SERIES CORSAIR INVESTOR PRESENTATION : AUGUST 2026
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NEW PRODUCT LAUNCH WARTHOG STATEMENT MID - TOWER PC CASE CORSAIR INVESTOR PRESENTATION : AUGUST 2026 › WARTHOG is a rugged steel PC case inspired by the Vengeance C70, combining bold industrial styling with exceptional airflow, upgradeability, and support for today's high-performance hardware. › Built for DIY enthusiasts, it features integrated carry handles, reverse-connector motherboard support, InfiniRail ™ fan mounting, RapidRoute 2.0 cable management, GPU anti-sag support, and rear I/O lighting. › Available in Black or Olive Drab, WARTHOG comes in customizable and pre-cooled RS versions, both supporting extensive fan and radiator configurations for powerful, efficient cooling.
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FINANCIAL UPDATE
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 Revenue in $ Millions Adjusted EBITDA in $ Millions (1) See appendix for reconciliation of non-GAAP metrics to most comparable GAAP metrics. GROSS PROFIT +21% YoY $104.3M REVENUE -2% YoY $314.3M ADJUSTED EBITDA (1) +279% YoY $30.8M ADJUSTED EPS (diluted) (1) +$0.22 YoY $0.23 Q2 2026 – STRONG PROFIT GROWTH $261.3 $320.1 $314.3 Q2 24 Q2 25 Q2 26 -$1.2 $8.1 $16.5 $14.3 Q2 24 Q2 25 Q2 26 Tariff refund
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 Trailing 12-month Revenue in $ Millions Trailing 12-month Adjusted EBITDA in $ Millions (1)(2) MARGIN EXPANSION AND COST CONTROL DRIVE PROFIT GROWTH $1,390 $1,441 $1,460 $1,443 $1,379 $1,320 $1,316 $1,349 $1,408 $1,449 $1,472 $1,457 $1,451 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 (1) See appendix for reconciliation of non-GAAP metrics to most comparable GAAP metrics. Tariff refund $14 $80 $93 $95 $93 $74 $55 $55 $59 $69 $80 $101 $114 $122 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 Trailing 12-month Revenue in $ Millions Quarterly Gross Margin Q2 26 REVENUE +13% YoY $115.9M Q2 26 GROSS PROFIT +27% YoY $52.0M GROWTH IN HIGHER MARGIN GAMER AND CREATOR PERIPHERALS $382 $376 $395 $413 $428 $440 $473 $478 $486 $497 $492 $503 $517 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 32.4% 33.1% 37.2% 40.8% 37.9% 38.3% 37.7% 41.5% 40.0% 39.3% 37.8% 40.8% 44.9% Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 CONSISTENT LEADERSHIP IN GAMING COMPONENTS AND SYSTEMS Trailing 12-month Revenue in $ Millions Quarterly Gross Margin Q2 26 REVENUE -9% YoY $198.5M Q2 26 GROSS PROFIT +17% YoY $52.2M $1,008 $1,065 $1,065 $1,030 $951 $880 $844 $871 $922 $952 $980 $954 $935 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 23.2% 21.8% 18.5% 18.7% 16.4% 15.1% 18.1% 21.7% 20.6% 20.9% 30.2% 28.4% 26.3% Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 18 23 -1 8 5 16 33 54 23 36 8 17 Q1 24 Q1 25 Q2 24 Q2 25 Q3 24 Q3 25 Q4 24 Q4 25 Q1 25 Q1 26 Q2 25 Q2 26 Significant Adjusted EBITDA expansion year-over-year from margin growth and operating leverage TTM Gamer and Creator Peripherals Segment Revenue Growth (in $ Millions) Quarterly Gross Margin Quarterly Adjusted EBITDA(1) (in $ Millions) SIX CONSECUTIVE QUARTERS OF PROGRESS Consistent growth in higher margin Gamer and Creator Peripherals Segment Consistent gross margin expansion, with quarterly records in past three quarters (1) See appendix for reconciliation of non-GAAP metrics to most comparable GAAP metrics. 413 478 428 486 440 497 473 492 478 503 486 517 Q1 24 Q1 25 Q2 24 Q2 25 Q3 24 Q3 25 Q4 24 Q4 25 Q1 25 Q1 26 Q2 25 Q2 26 25.7% 27.7% 24.1% 26.8% 22.9% 26.9% 26.2% 33.1% 27.7% 32.7% 26.8% 33.2% Q1 24 Q1 25 Q2 24 Q2 25 Q3 24 Q3 25 Q4 24 Q4 25 Q1 25 Q1 26 Q2 25 Q2 26 Tari ff refund +235% YoY +62% YoY (1) +26% YoY +58% YoY +279% YoY 14-754% YoY
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 ($ in millions) 30-Jun-26 Cash (Excluding restricted cash) $192.2 Term Loan (face value) $118.8 Total Debt $118.3 Net Debt ($74.0) CASH AND DEBT SUMMARY
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CORSAIR CONFIDENTIAL FINANCIAL GUIDANCE
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 Financial Metrics Q3 2026 Guidance Net Revenue $320 - $350 million Adjusted EBITDA $18 - $21 million Non-GAAP EPS $0.09 – $0.12 FINANCIAL GUIDANCE(1) (1) Given the number of risk factors, uncertainties and assumptions, many of which are referenced in slide 2, actual results may differ materially. We do not intend to update our financial outlook until our next quarterly results announcement. Estimates should not be viewed as a substitute for our full annual financial statement and are not nece ssarily indicative of the results to be expected for any future period. Certain non-GAAP measures included in our financial outlook were not reconciled to the comparable GAAP financial measures because the GAAP measures are not accessible on a forward-looking basis. We are unable to reconcile these forward-looking into non-GAAP measures to the most directly comparable GAAP measures without unreasonable effort because we are currently unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected to impact GAAP measures for this period but would not impact the non-GAAP measures. Such items may include stock-based compensation charges, public offering related charges, depreciation and amortization, and other items. The unavailable information could have a significant impact on our GAAP financial results.
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 Financial Metrics 2026 Guidance Net Revenue $1.40 - $1.47 billion Adjusted EBITDA $121 - $131 million Non-GAAP EPS $0.85 - $0.94 FINANCIAL GUIDANCE(1) (1) Given the number of risk factors, uncertainties and assumptions, many of which are referenced in slide 2, actual results may differ materially. We do not intend to update our financial outlook until our next quarterly results announcement. Estimates should not be viewed as a substitute for our full annual financial statement and are not nece ssarily indicative of the results to be expected for any future period. Certain non-GAAP measures included in our financial outlook were not reconciled to the comparable GAAP financial measures because the GAAP measures are not accessible on a forward-looking basis. We are unable to reconcile these forward-looking into non-GAAP measures to the most directly comparable GAAP measures without unreasonable effort because we are currently unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected to impact GAAP measures for this period but would not impact the non-GAAP measures. Such items may include stock-based compensation charges, public offering related charges, depreciation and amortization, and other items. The unavailable information could have a significant impact on our GAAP financial results.
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APPENDIX
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 USE OF NON-GAAP FINANCIAL MEASURES To supplement the financial results presented in accordance with GAAP, this presentation includes certain non-GAAP financial inf ormation, including Adjusted Operating Income (Loss), Adjusted EBITDA, Adjusted Net Income (Loss) and Adjusted Net Earnings (Loss) Per Share. These are important financial performance measures for us but are not financial measures as defined by GAAP. The presentation of this n on-GAAP financial information is not intended to be considered in isolation of or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We use these non-GAAP financial measures to evaluate our operating performance and trends and make planning decisions. We believ e that these non-GAAP financial measures help identify underlying trends in our business that could otherwise be masked by the e ffect of the expenses and other items that we exclude in such non-GAAP financial measures. Accordingly, we believe that these non -GAAP financial measures provide useful information to investors and others in understanding and evaluating our operating results, enhancing the overall understanding of our past performance and future prospects, and allowing for greater transparency with respect to the key financial metrics used by our management in our financial and operational decision -making. We also present these non-GAAP financial measures because we believe investors, analy sts and rating agencies consider them useful in measuring our ability to meet our debt service obligations. Our use of these terms may vary from that of others in our industry. These non-GAAP financial measures should not be considered as an alternative to net revenues, operating income (loss), net income (loss), cash provided by operating activities or any other measures derived in accordance with GAAP as measures of operating performance or liquidity. Reconciliations of these measures to the most directly comparable GAAP financial measures are presented in the appendix. We encourage investors and others to review our financial information in its entirety, not to rely on any single financial me asure and to view these non-GAAP financial measures in conjunction with the related GAAP financial measures.
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 Non-GAAP Operating Income (Loss) Reconciliations (Unaudited, in thousands, except percentages) GAAP TO NON-GAAP RECONCILIATIONS Three Months Ended June 30, 2026 2025 Operating income (loss) - GAAP $ 7,608 $ (16,923) Amortization 8,815 9,853 Stock-based compensation 5,935 9,335 One-time costs related to legal and other matters 2,075 1,993 Restructuring and other charges 219 772 Acquisition and related integration costs 600 1,515 Legal and due diligence costs related to strategic investments 150 — Acquisition accounting impact related to recognizing acquired inventory at fair value — 98 Adjusted Operating Income - Non-GAAP $ 25,402 $ 6,643 As a % of net revenue - GAAP 2.4% -5.3% As a % of net revenue - Non-GAAP 8.1% 2.1%
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 Non-GAAP Net Income (Loss) and Net Income (Loss) Per Share Reconciliations (Unaudited, in thousands, except per share amounts) GAAP TO NON-GAAP RECONCILIATIONS Three Months Ended June 30, 2026 2025 Net income (loss) attributable to common stockholders of Corsair Gaming, Inc. (1) $ 6,828 $ (17,001) Less: Change in redemption value of redeemable noncontrolling interest (2,015) 3,861 Net income (loss) attributable to Corsair Gaming, Inc. 8,843 (20,862) Add: Net income attributable to noncontrolling interest 306 556 Net income (loss) - GAAP 9,149 (20,306) Adjustments: Amortization 8,815 9,853 Stock-based compensation 5,935 9,335 Restructuring and other charges 219 772 One-time costs related to legal and other matters 2,075 1,993 Acquisition and related integration costs 600 1,515 Legal and due diligence costs related to strategic investments 150 — Acquisition accounting impact related to recognizing acquired inventory at fair value — 98 Non-GAAP income tax adjustment (1,978) (1,966) Adjusted net income - Non-GAAP $ 24,965 $ 1,294 Diluted net income (loss) per share: GAAP $ 0.06 $ (0.16) Adjusted, Non-GAAP $ 0.23 $ 0.01 Weighted-average common shares outstanding - Diluted: GAAP 109,193 105,864 Adjusted, Non-GAAP 109,193 107,304 (1) Numerator for calculating net income (loss) per share-GAAP
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 Adjusted EBITDA Reconciliations (Unaudited, in thousands, except percentages) GAAP TO NON-GAAP RECONCILIATIONS Three Months Ended June 30, 2026 2025 Net income (loss) - GAAP $ 9,149 $ (20,306) Amortization 8,815 9,853 Stock-based compensation 5,935 9,335 One-time costs related to legal and other matters 2,075 1,993 Restructuring and other charges 219 772 Acquisition and related integration costs 600 1,515 Legal and due diligence costs related to strategic investments 150 — Acquisition accounting impact related to recognizing acquired inventory at fair value — 98 Depreciation 3,649 3,351 Interest expense, net of interest income 270 1,896 Income tax (benefit) expense (30) (369) Adjusted EBITDA - Non-GAAP $ 30,832 $ 8,138 Adjusted EBITDA margin - Non-GAAP 9.8% 2.5%
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CORSAIR INVESTOR PRESENTATION : AUGUST 2026 TTM ADJUSTED EBITDA RECONCILIATIONS (unaudited, in thousands) GAAP TO NON-GAAP RECONCILIATIONS