Corsair Gaming, Inc. Q1 FY2026 earnings call

• Deliberate goal to get D2C business to 25%, grew from 18% to 20% in Q1. Drivers include M&A (many M&A companies strong in D2C), product strategy (putting products on D2C vs broader channel), increased marketing investment for DTC, successful Bay Area retail store for Corsair and brands, and AI e-commerce investment. - For Elgato Marketplace, a broad range of applications are gaining traction, including content creation (e.g., Adobe Photoshop use), gaming applications, voice/video control, and streaming software, with diverse use cases and Stream Deck platform flexibility being key

No specific financial performance details of product segments provided

• Proud of the start made in 2026. - Look forward to updating on continued progress when reporting Q2 results

Q: Pertaining to the improvement mix from DTC at 20% of revenue, are there specific drivers to move that percentage higher and intermediate or longer term target?

A: Had a deliberate goal to get D2C business to 25%, grown from 18% to 20% in Q1. Drivers include M&A, product strategy, increased marketing investment, successful Bay Area retail store, and AI e-commerce investment.

Q: Stepping back, what type of applications are gaining the most traction with users and how are thinking about longer-term opportunity there?

A: A pretty broad range of products being submitted, ranging from content creation (e.g., Adobe Photoshop use) to gaming applications, voice/video control, and streaming software. Diverse use cases and flexible Stream Deck platform, bottleneck is curating content fast enough