Corsair Gaming (CRSR) 10-Q 6 May 22 2022 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2022	Apr. 28, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
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	47100 Bayside Pkwy
Entity Address, City or Town	Fremont
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94538
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		95,399,909
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

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Net revenue	$ 380,691	$ 529,414
Cost of revenue	289,935	369,086
Gross profit	90,756	160,328
Operating expenses:
Sales, general and administrative	76,131	77,853
Product development	17,110	15,186
Total operating expenses	93,241	93,039
Operating income (loss)	(2,485)	67,289
Other (expense) income:
Interest expense	(1,279)	(4,946)
Other expense, net	(499)	(2,425)
Total other expense, net	(1,778)	(7,371)
Income (loss) before income taxes	(4,263)	59,918
Income tax benefit (expense)	983	(13,195)
Net income (loss)	(3,280)	46,723
Less: Net loss attributable to noncontrolling interests	(407)
Net income (loss) attributable to Corsair Gaming, Inc.	(2,873)	46,723
Calculation of net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.:
Net income (loss) attributable to Corsair Gaming, Inc.	(2,873)	46,723
Change in redemption value of redeemable noncontrolling interests	(2,261)
Net income (loss) attributable to common stockholders of Corsair Gaming, Inc.	$ (5,134)	$ 46,723
Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.:
Basic	$ 0.05	$ 0.51
Diluted	$ 0.05	$ 0.47
Weighted-average common shares outstanding:
Basic	95,275	91,951
Diluted	95,275	100,211

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ (3,280)	$ 46,723
Other comprehensive gain (loss):
Foreign currency translation adjustments, net of tax benefit of $151 and $0 for the three months ended March 31, 2022 and 2021, respectively	(2,258)	165
Unrealized foreign exchange loss from long-term intercompany loans, net of tax benefit of $19 and $44 for the three months ended March 31, 2022 and 2021, respectively	(95)	(224)
Comprehensive income (loss)	(5,633)	46,664
Less: Comprehensive loss attributable to noncontrolling interests	(606)
Comprehensive income (loss) attributable to Corsair Gaming, Inc.	$ (5,027)	$ 46,664

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement Of Income And Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax	$ 151	$ 0
Unrealized foreign exchange loss from long-term intercompany loans, tax benefit	$ 19	$ 44

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash	$ 29,049	$ 62,415
Restricted cash	2,705	2,734
Accounts receivable, net	236,472	291,287
Inventories	300,423	298,315
Prepaid expenses and other current assets	57,877	51,024
Total current assets	626,526	705,775
Restricted cash, noncurrent	231	231
Property and equipment, net	19,607	16,819
Goodwill	348,424	317,054
Intangible assets, net	249,841	225,709
Other assets	74,796	71,808
Total assets	1,319,425	1,337,396
Current liabilities:
Debt maturing within one year	4,754	4,753
Accounts payable	203,454	236,120
Other liabilities and accrued expenses	176,556	205,874
Total current liabilities	384,764	446,747
Long-term debt	241,709	242,898
Deferred tax liabilities	29,241	25,700
Other liabilities, noncurrent	52,176	53,871
Total liabilities	707,890	769,216
Commitments and Contingencies (Note 9)
Temporary equity
Redeemable noncontrolling interests	19,424
Corsair Gaming, Inc. stockholders’ equity:
Preferred stock, $0.0001 par value: 5,000 shares authorized, nil and nil shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively
Common stock, $0.0001 par value: 300,000 shares authorized, 95,373 and 94,510 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	10	9
Additional paid-in capital	489,745	470,364
Retained earnings	93,013	98,147
Accumulated other comprehensive loss	(2,494)	(340)
Total Corsair Gaming, Inc. stockholders’ equity	580,274	568,180
Nonredeemable noncontrolling interests	11,837
Total permanent equity	592,111	568,180
Total liabilities, temporary equity and permanent equity	$ 1,319,425	$ 1,337,396

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - $ / shares	Mar. 31, 2022	Dec. 31, 2021
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	95,373,000	94,510,000
Common stock, shares outstanding	95,373,000	94,510,000

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Total Corsair Gaming, Inc. Stockholders' Equity	Nonredeemable Noncontrolling Interest
Balance at Dec. 31, 2020	$ 437,390	$ 9	$ 438,667	$ (2,813)	$ 1,527	$ 437,390
Balance, shares at Dec. 31, 2020		91,935
Net income (loss)	46,723			46,723		46,723
Other comprehensive loss	(59)				(59)	(59)
Issuance of common stock in connection with employee equity incentive plans	577		577			577
Issuance of common stock in connection with employee equity incentive plans, shares		152
Stock-based compensation	3,076		3,076			3,076
Balance at Mar. 31, 2021	487,707	$ 9	442,320	43,910	1,468	487,707
Balance, shares at Mar. 31, 2021		92,087
Balance at Dec. 31, 2021	568,180	$ 9	470,364	98,147	(340)	568,180
Balance, shares at Dec. 31, 2021		94,510
Issuance of common stock in relation to business acquisition	14,505	$ 1	14,504			14,505
Issuance of common stock in relation to business acquisition, shares		690
Noncontrolling interests from business combination	12,084						$ 12,084
Net income (loss)	(3,039)			(2,873)		(2,873)	(166)
Other comprehensive loss	(2,235)				(2,154)	(2,154)	(81)
Change in redemption value of redeemable NCI	(2,261)			(2,261)		(2,261)
Issuance of common stock in connection with employee equity incentive plans	527		527			527
Issuance of common stock in connection with employee equity incentive plans, shares		214
Shares withheld related to net share settlement	(867)		(867)			(867)
Shares withheld related to net share settlement, shares		(41)
Stock-based compensation	5,217		5,217			5,217
Balance at Mar. 31, 2022	$ 592,111	$ 10	$ 489,745	$ 93,013	$ (2,494)	$ 580,274	$ 11,837
Balance, shares at Mar. 31, 2022		95,373

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net income (loss)	$ (3,280)	$ 46,723
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Stock-based compensation	5,147	3,076
Depreciation	2,604	2,436
Amortization of intangible assets	10,138	8,702
Debt issuance costs amortization	86	537
Loss on debt extinguishment		439
Deferred income taxes	(4,078)	(3,005)
Other	567	1,316
Changes in operating assets and liabilities:
Accounts receivable	54,434	(13,416)
Inventories	(662)	(13,508)
Prepaid expenses and other assets	(8,147)	(4,419)
Accounts payable	(35,308)	(26,988)
Other liabilities and accrued expenses	(27,607)	25,875
Net cash provided by (used in) operating activities	(6,106)	27,768
Cash flows from investing activities:
Acquisition of business, net of cash acquired	(19,534)	(1,684)
Payment of deferred contingent consideration		(4,353)
Purchase of property and equipment	(4,365)	(2,036)
Net cash used in investing activities	(23,899)	(8,073)
Cash flows from financing activities:
Repayment of debt	(1,250)	(28,000)
Borrowing from line of credit	293,000
Repayment of line of credit	(293,000)
Payment of contingent consideration	(292)
Proceeds from issuance of shares through employee equity incentive plans	523	185
Payment of taxes related to net share settlement of equity awards	(887)
Net cash used in financing activities	(1,906)	(27,815)
Effect of exchange rate changes on cash	(1,484)	134
Net decrease in cash and restricted cash	(33,395)	(7,986)
Cash and restricted cash at the beginning of the period	65,380	133,568
Cash and restricted cash at the end of the period	31,985	125,582
Supplemental cash flow disclosures:
Cash paid for interest	1,207	3,961
Cash paid for income taxes	4,354	413
Supplemental schedule of non-cash investing and financing activities:
Equipment purchased and unpaid at period end	3,322	1,558
Right-of-use assets obtained in exchange for operating lease liabilities	$ 633	3,817
Deferred and contingent purchase consideration related to business acquisitions		$ 735

Description of Business and Bas

Description of Business and Basis of Presentation	3 Months Ended
	Mar. 31, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of Business and Basis of Presentation	1. Description of Business Description of Business Corsair Gaming, Inc., a Delaware corporation, together with its subsidiaries (collectively, “Corsair” the “Company”, “we”, “us”, or “our”) Corsair is organized into two reportable segments: • Gamer and creator peripherals . Includes our high-performance gaming keyboards, mice, headsets, controllers, and our streaming gear, which includes capture cards, Stream Decks, USB microphones, our Facecam streaming camera, studio accessories and EpocCam software, as well as coaching and training services, among others . • Gaming components and systems . Includes our high-performance power supply units, or PSUs, cooling solutions, computer cases, DRAM modules, as well as high-end prebuilt and custom-built gaming PCs, and gaming monitor, among others.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
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”) (“SEC”) The condensed consolidated balance sheet as of December 31, 2021, 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, 2021, 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 March 31, 2022 and our results of operations for the three months ended March 31, 2022 and 2021. The results for the three months ended March 31, 2022 are not necessarily indicative of the results expected for the current fiscal year or any other future periods. Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of Corsair and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. For consolidated entities where we own less than 100% of the equity, our consolidated net comprehensive income (loss) is reduced by the portion attributable to the noncontrolling interests. 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. On January 1, 2022 (the “Closing” or “Closing Date”), we completed the acquisition of a 51% ownership stake in Elgato iDisplay Holdings LTD. and its related companies (together “iDisplay”). , Business Combination - iDisplay Acquisition for more details on the iDisplay Acquisition). We have determined that iDisplay does not qualify as a VIE and Corsair has a controlling financial interest in iDisplay under the VOE model and therefore, iDisplay’s results of operations are fully consolidated with Corsair with effect from January 1, 2022. As a result, w e recorded a net loss of $ 0.4 million attributable to noncontrolling interests in our condensed consolidated statement of operations for the three months ended March 31, 2022, equal to the 49 % of the ownership interest retained in iDisplay by the noncontrolling interests. Noncontrolling Interests We have included both redeemable noncontrolling interests and noncontrolling interests in our condensed consolidated balance sheet in connection with our consolidation of the 51% ownership of iDisplay Redeemable noncontrolling interests that are redeemable and not solely within our control are classified within temporary equity in the condensed consolidated balance sheets. Redeemable noncontrolling interests are measured at the greater of the redemption value (calculated based on the formula stipulated in the Shareholders Agreement between the iDisplay seller and Corsair and, including the amounts for dividends not currently declared or paid, for which the payment is not solely within our control), or the carrying value before giving effect to the redemption feature. The redeemable noncontrolling interests are recorded at their maximum redemption value at each reporting date. The redemption value is remeasured each quarter and changes in the value are recognized immediately. Any resulting change in the value of the redeemable noncontrolling interests is recognized through retained earnings and this adjustment also impacts the net income or loss attributable to common stockholders of Corsair Gaming, Inc used in the net income (loss) per share calculation. (See Note 16 for more information regarding the redeemable noncontrolling interests). In addition, we have noncontrolling interests recorded at carrying value which do not have redemption features and are classified within permanent in our condensed consolidated balance sheet. 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 current economic environment. We adjust such estimates and assumptions when facts and circumstances dictate. Actual results could differ materially from those estimates due to risks and uncertainties, including uncertainty in the current economic environment due to COVID-19. Risks and Uncertainties related to the COVID-19 Pandemic Due to the COVID-19 pandemic, there has been and will continue to be uncertainty and disruption in the global economy and financial markets. Since early 2020, we have experienced an increase in demand for our gear as more people were under shelter-in-place restrictions, which we believe have limited people’s access to alternative forms of entertainment and social interaction, and thus have increased the demand for home entertainment and connecting with others through content creation. In contrast, as the COVID-19 pandemic subsides, it has resulted in shelter-in-place and other similar restrictions being eased. Such easing of restrictions has resulted in consumers returning to other alternative forms of entertainment and interaction. This in turn has resulted in a decline in demand for our products since the second half of 2021. The extent to which the COVID-19 outbreak ultimately impacts our business, sales, results of operations, cash flows and financial condition will depend on future developments, which are highly uncertain and cannot be predicted, including, but not limited to, the severity, duration and spread of the outbreak, how quickly and to what extent normal economic and operating conditions can resume, and the actions to contain the virus and prevent any reoccurrence. For example, China's zero-COVID policy has negative implications for global supply chains generally; factory shutdowns and transport backlogs may result in inventory shortfalls for our products, which could negatively impact our sales. Even after the COVID-19 outbreak has subsided, we may continue to experience significant impacts to our business as a result of its global economic impact, including any economic downturn or recession that has occurred or may occur in the future. As of the date of issuance of these condensed consolidated financial statements, we are not aware of any specific event or circumstance that would require updates to our estimates and judgments or revisions due to COVID-19 to the carrying value of our assets or liabilities. These estimates may change, as new events occur and additional information is obtained, and are recognized in the condensed consolidated financial statements as soon as they become known. Actual results could differ from those estimates and any such differences may be material to the condensed consolidated financial statements. Recently Adopted Accounting Pronouncements In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848) In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805), Accounting Pronouncements Issued but Not Yet Adopted None.

Fair Value Measurement

Fair Value Measurement	3 Months Ended
	Mar. 31, 2022
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. The carrying values of certain of our financial instruments, including accounts receivable and accounts payable, approximate their fair values due to their short maturities. The balances of our financial assets that were measured at fair value on a recurring basis as of March 31, 2022 and December 31, 2021 were not material. The following tables summarize our financial liabilities that were measured at fair value on a recurring basis, and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands): March 31, 2022 (Level 1) (Level 2) (Level 3) Total Liabilities: Deferred cash consideration in connection with a business acquisition—SCUF (1) $ — $ — $ 958 $ 958 Foreign currency forward contracts (2) — 163 — 163 Other — — 224 224 Total liabilities $ — $ 163 $ 1,182 $ 1,345 December 31, 2021 (Level 1) (Level 2) (Level 3) Total Liabilities: Deferred cash consideration in connection with a business acquisition—SCUF (1) $ — $ — $ 1,250 $ 1,250 Foreign currency forward contracts (2) — 427 — 427 Other — — 224 224 Total liabilities $ — $ 427 $ 1,474 $ 1,901 (1) On December 19, 2019, one of our subsidiaries entered into an Agreement and Plan of Merger with Scuf Holdings, Inc. and subsidiaries (collectively “SCUF”) and acquired 100% of their equity interests (the “SCUF Acquisition”). The fair value of the SCUF contingent consideration was determined based on the estimates of acquired tax benefits owed to SCUF’s sellers according to the merger agreement, and these estimates represent a level 3 fair value measurement. The $1.3 million liability as of December 31, 2021 consisted of $0.3 million based on a contractual amount and the remaining $1.0 million is subject to update upon filing our tax return for tax year 2021. In March 2022, we paid the $0.3 million contractual amount, and the remaining $1.0 million liability as of March 31, 2022 is subject to update upon filing our tax return for tax year 2021. (2) The fair values of the forward contracts were based on similar exchange traded derivatives and the related asset or liability is included within Level 2 of the fair value hierarchy.

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2022
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, and interest rate cap contracts, to minimize our exposure to interest rate movements on our variable rate debts. 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 three months. The notional principal amount of outstanding foreign exchange forward contracts was $48.0 million and $48.6 million as of March 31, 2022 March 31, 2022

Business Combinations

Business Combinations	3 Months Ended
	Mar. 31, 2022
Business Combinations [Abstract]
Business Combinations	5. Business Combinations iDisplay Acquisition On January 1, 2022, we completed the acquisition of a 51% ownership stake in iDisplay, a leader in electronic development and design specializing in display technology, headquartered in Taiwan. The fair value consideration for iDisplay was $36.4 million, including $21.9 million in cash and the issuance of 690,333 shares of our common stock with a fair value of $14.5 million at Closing Date. The consideration was reduced for the effective 51% settlement of a pre-existing contractual accounts payable balance owed to iDisplay of $3.5 million. The iDisplay Acquisition will allow us to direct the development and integration of iDisplay’s display-based touch-screen technologies into our products for creators, gamers and streamers. iDisplay’s results of operations are fully consolidated with Corsair with effect from January 1, 2022. The seller of iDisplay (the “iDisplay Seller”) has retained 49% noncontrolling interests in iDisplay. Under the Shareholders Agreement between Corsair and the iDisplay Seller, a put option was provided to the iDisplay Seller and a call option was provided to Corsair for the option to transfer (i) 14% ownership interest in iDisplay to Corsair upon the first anniversary of the Closing and (ii) an additional 15% of ownership interest in iDisplay to Corsair upon the second anniversary of the Closing. Both put and call options expire on January 1, 2025. The exercise price of the put option and the call option is based on multiples of iDisplay’s trailing twelve-month earnings before interest, income tax, depreciation and amortization (“TTM EBITDA”) less any debt. The 29% noncontrolling interests entitled to the put option is considered a redeemable noncontrolling interests. See Note 2, Summary of Significant Accounting Policies – Noncontrolling Interests and Note 16, Redeemable Noncontrolling Interests for more information regarding the redeemable noncontrolling interests. The fair value of the 49% noncontrolling interests was estimated to be $29.6 million. The control premium assigned to Corsair’s 51% controlling financial interest was 15%, which resulted in an implied minority discount of 13%. The control premium was based on an analysis considering similar market transactions involving control premiums, as well as factors specific to iDisplay, including its significant customer concentration. Preliminary purchase price allocation As of March 31, 2022, the purchase price allocation is still preliminary and based upon estimates and assumptions that are subject to change within the measurement period as additional information for the estimates is obtained, and its finalization may result in changes to preliminary estimate of identified intangible assets and goodwill. The following table presents the estimated fair value of the assets acquired and liabilities as of the Closing Date (in thousands): Preliminary Allocation Cash $ 2,330 Accounts receivable 3,382 Inventories 2,765 Prepaid and other assets 424 Operating lease right-of-use asset 360 Property and equipment 277 Identifiable intangible assets 35,300 Goodwill 31,970 Total assets acquired 76,808 Accounts payable (5,106 ) Deferred tax liabilities (4,637 ) Accrued liabilities (731 ) Operating lease liabilities (360 ) Total liabilities assumed (10,834 ) Net assets acquired 65,974 Noncontrolling interests (29,606 ) Fair value of consideration transferred $ 36,368 Purchase consideration: Cash $ 21,864 Corsair common stock 14,504 Fair value of consideration transferred $ 36,368 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 date of the iDisplay Acquisition. 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 by iDisplay on the acquisition date was $0.3 million, which was recognized in cost of revenue in the consolidated statements of operations upon the sale of the acquired inventory. The excess of the purchase consideration over the fair value of the identifiable intangible assets and the net tangible assets and liabilities acquired has currently been estimated to be $32.0 million, of which $28.5 million and $3.5 million are assigned to our gamer and creator peripherals reporting unit and gaming component and systems reporting unit, respectively. We believe goodwill represents the strengthening of our supply chain with display-based touch-screen technologies into our products for creators, gamers and streamers, and the ability to design and generate new technologies to enhance the features of our products. The identifiable intangible assets are deductible for tax purposes and a $4.6 million deferred tax liability has been estimated at the date of acquisition for the difference between the book and tax bases of these assets. The goodwill is not deductible for tax purposes. Valuation of identified intangible assets The following table summarizes the valuation of the identifiable intangible assets acquired in the iDisplay Acquisition and the estimate of their respective useful lives as of Closing Date : Preliminary Valuation Useful Life (In thousands) (In years) Patent portfolio $ 5,200 6 Supplier relationships 6,700 6 Developed technology 23,400 6 Total identifiable intangible assets $ 35,300 The fair value of patent portfolio was estimated using the relief from royalty approach and the economic useful life was determined based on the average product life cycle of the products manufactured by iDisplay. The supplier relationships intangible asset represents the value assigned to the relationship iDisplay had established over the years with a broad network of suppliers and OEMs that have been crucial to the quality and magnitude of iDisplay manufacturing capability. The fair value of supplier relationships was estimated using the multi-period excess earnings approach and the economic useful life was determined to be aligned with the estimated useful life of the developed technology acquired from iDisplay. The developed technology intangible asset represents unpatented propriety technologies, such as hardware designs and architectures and process technologies used in the on-going research and design of the products manufactured by iDisplay. The fair value of developed technology was estimated using the income approach and the economic useful life was based on the technology cycle of the products manufactured, as well as the cash flows anticipated over the forecasted periods. The valuations of the intangible assets were calculated with the assistance of a third-party valuation firm. The fair values of these intangibles were valued based on long-term cash flow projections, which we consider to be Level 3 inputs. These intangibles are being amortized over their estimated useful lives using the straight-line method of amortization, which reflects the pattern in which the economic benefits of the intangible asset are consumed. Amortization of patent portfolio and supplier relationships is included in cost of revenue and amortization of developed technology is included in product development expense in our condensed consolidated statements of operations. Acquisition-related costs We incurred Unaudited Pro-forma Financial Information Pro forma financial information is not included because the effects of the acquisition are not material to our consolidated statements of operations for 2021.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2022
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, 2021 $ 145,310 $ 171,744 $ 317,054 Addition from iDisplay Acquisition 3,485 28,485 31,970 Effect of foreign currency exchange rates (22 ) (578 ) (600 ) Balance as of March 31, 2022 $ 148,773 $ 199,651 $ 348,424 Intangible assets, net The following table is a summary of intangible assets, net (in thousands): March 31, 2022 December 31, 2021 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Developed technology $ 55,486 $ 17,414 $ 38,072 $ 32,086 $ 14,922 $ 17,164 Trade name 30,454 5,429 25,025 30,665 4,942 25,723 Customer relationships 218,560 100,413 118,147 218,566 94,910 123,656 Patent portfolio 35,799 9,163 26,636 31,481 8,196 23,285 Non-competition agreements 2,521 2,319 202 2,521 2,193 328 Supplier relationships 6,476 270 6,206 — — — Total finite-life intangibles 349,296 135,008 214,288 315,319 125,163 190,156 Indefinite life trade name 35,430 — 35,430 35,430 — 35,430 Other 123 — 123 123 — 123 Total intangible assets $ 384,849 $ 135,008 $ 249,841 $ 350,872 $ 125,163 $ 225,709 In the year after an identified intangible asset becomes fully amortized, we remove the fully amortized balances from the gross asset and accumulated amortization amounts from the table above. The estimated future amortization expense of intangible assets as of March 31, 2022 Amounts Remainder of 2022 $ 30,032 2023 38,530 2024 37,080 2025 36,777 2026 33,405 Thereafter 38,464 Total $ 214,288

Balance Sheet Components

Balance Sheet Components	3 Months Ended
	Mar. 31, 2022
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): Cash and Restricted Cash March 31, 2022 December 31, 2021 Cash $ 29,049 $ 62,415 Restricted cash—short term 2,705 2,734 Restricted cash—noncurrent 231 231 Total cash and restricted cash $ 31,985 $ 65,380 Accounts Receivable, Net March 31, 2022 December 31, 2021 Accounts receivable $ 237,001 $ 291,816 Allowance for doubtful accounts (529 ) (529 ) Accounts receivable, net $ 236,472 $ 291,287 As of March 31, 2022 Inventories March 31, 2022 December 31, 2021 Raw materials $ 78,467 $ 62,110 Work in progress 8,095 4,931 Finished goods 213,861 231,274 Inventories $ 300,423 $ 298,315 Property and Equipment, Net March 31, 2022 December 31, 2021 Manufacturing equipment $ 27,938 $ 26,094 Computer equipment, software and office equipment 9,642 9,407 Furniture and fixtures 4,949 5,154 Leasehold improvements 7,802 4,709 Total property and equipment $ 50,331 $ 45,364 Less: Accumulated depreciation and amortization (30,724 ) (28,545 ) Property and equipment, net $ 19,607 $ 16,819 Other Assets March 31, 2022 December 31, 2021 Right-of-use assets $ 48,620 $ 51,387 Deferred tax asset 16,055 12,737 Other 10,121 7,684 Other assets $ 74,796 $ 71,808 Other Liabilities and Accrued Expenses March 31, 2022 December 31, 2021 Accrued reserves for customer incentive programs $ 60,042 $ 66,733 Accrued reserves for sales return 33,285 37,166 Accrued payroll and related expense 10,480 20,526 Accrued freight expenses 13,652 18,296 Operating lease liabilities, current 8,756 9,457 Income tax payable 8,233 6,316 Contract liabilities 4,716 6,663 Other 37,392 40,717 Other liabilities and accrued expenses $ 176,556 $ 205,874 Other Liabilities, Noncurrent March 31, 2022 December 31, 2021 Operating lease liabilities, noncurrent $ 49,206 $ 51,153 Other 2,970 2,718 Other liabilities, noncurrent $ 52,176 $ 53,871 Nonmonetary Transactions The sales and purchases of inventory with our manufacturers are accounted for as nonmonetary transactions. Upon sale of raw materials to the manufacturer, for the inventories on-hand with the manufacturer where there is an anticipated reciprocal purchase by us, we will record this nonmonetary transaction as prepaid inventories and accrued liabilities. When we transact the reciprocal purchase of inventory from the manufacturer, we will record a payable to the manufacturer at the purchase price, which replaces the initial nonmonetary transaction and inventory will be reflected at carrying value, which includes the costs for the raw materials and the incremental costs charged by the manufacturer for additional work performed on the inventory. In connection with such nonmonetary transactions with our manufacturers, as of March 31, 2022 Because the transactions are nonmonetary, they have not been included in the condensed consolidated statements of cash flows pursuant to ASC 230, Statement of Cash Flows.

Debt

Debt	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Debt	8. Debt Our debt consisted of the following (in thousands): March 31, 2022 December 31, 2021 Term Loan (variable rate) due September 2026 $ 247,500 $ 248,750 Debt discount and issuance cost, net of amortization (1,037 ) (1,099 ) Total debt 246,463 247,651 Less: debt maturing within one year 4,754 4,753 Long-term debt $ 241,709 $ 242,898 First Lien Credit and Guaranty Agreement (Extinguished in September 2021) In August 2017, we entered into a syndicated First Lien Credit and Guaranty Agreement ( “First Lien” “First Lien Term Loan” “Revolver” The First Lien Term Loan initially carried interest at a rate equal to, at our election, either the (a) greatest of (i) the prime rate, (ii) sum of the Federal Funds Effective Rate plus 0.5%, (iii) one month LIBOR plus 1.0% and (iv) 2%, plus a margin of 3.5%, or (b) the greater of (i) LIBOR and (ii) 1.0%, plus a margin of 4.5%. The Revolver initially bore interest at a rate equal to, at our election, either the (a) greatest of (i) the prime rate, (ii) sum of the Federal Funds Effective Rate plus 0.5%, (iii) one month LIBOR plus 1.0% and (iv) 2%, plus 3.5%, or (b) the greater of (i) LIBOR and (ii) 1.0%, plus a margin of 4.5%. As a result of the First Lien amendment in October 2018, the First Lien term loan and Revolver margin were both changed to range from 2.75% to 3.25% for base rate loans and to range from 3.75% to 4.25% for Eurodollar loans, based on our net leverage ratio. We may prepay the First Lien Term Loan and the Revolver at any time without premium or penalty other than customary LIBOR breakage. In the three months ended March 31, 2021, with the excess cash on hand, we made voluntary prepayment The effective interest rate inclusive of the debt discount and debt issuance costs for the First Lien, was approximately 6.45% for the three months ended March 31, 2021. Credit Agreement On September 3, 2021, we entered into a new Credit Agreement (“ Credit Agreement five-year Revolving Facility five-year Term Loan 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 $ million. We may prepay the Term Loan and the Revolving Facility at any time without premium or penalty. The credit facilities under the Credit Agreement replaced our senior credit facilities under the First Lien Credit and Guaranty Agreement. The net proceeds from borrowings under the Credit Agreement of $248.5 million (net of $1.5 million of debt discount) were used to repay all amounts outstanding under the First Lien Term Loan on September 3, 2021. The Term Loan and Revolving Facility under the Credit Agreement will each bear interest at the Company’s election, either (a) LIBOR plus a percentage spread (ranging from 1.25% to 2.0%) based on our total net leverage ratio, or (b) the base rate (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 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 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 of 3.0 to 1.0 and a minimum Consolidated Interest Coverage Ratio of 3.0 to 1.0 (as defined in our credit facilities) As of March 31, 2022 and December 31, 2021, we had no outstanding balance under the Revolving Facility. The carrying value of our Term Loan was $246.5 million and $247.7 million as of March 31, 2022 and December 31, 2021, respectively. The estimated fair value of the Term Loan as of March 31, 2022, which we have classified as a Level 2 financial instrument, was approximately $255.5 million. The effective interest rate inclusive of the debt discount and debt issuance costs was approximately 1.49% for the three months ended March 31, 2022. The following table summarizes the interest expense recognized for all periods presented (in thousands): Three Months Ended March 31, 2022 2021 First Lien Guaranty Agreement: Contractual interest expense for term loan $ — $ 3,882 Amortization of debt discount and issuance cost — 537 Loss on debt extinguishment — 439 Credit Agreement: Contractual interest expense for term loan 865 — Contractual interest expense for revolving facility 274 — Amortization of debt discount and issuance cost 86 — Other 54 88 Total interest expense recognized $ 1,279 $ 4,946 The estimated future principal payments under our total long-term debt as of March 31, 2022 are as follows (in thousands): Amounts Remainder of 2022 $ 3,750 2023 6,875 2024 12,500 2025 12,500 2026 211,875 Thereafter — Total debt $ 247,500

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies Product Warranties Changes in our warranty obligations were as follows (in thousands): Three Months Ended March 31, 2022 2021 Beginning of the period $ 5,655 $ 5,865 Warranty provision related to products shipped 1,298 1,873 Deductions for warranty claims processed (1,561 ) (1,737 ) End of period $ 5,392 $ 6,001 Unconditional Purchase Obligations Our long-term non-cancelable purchase commitments consist primarily of multi-year contractual arrangements relating to subscriptions for cloud computing hosting arrangements for our enterprise resource planning ( “ERP” March 31, 2022 Amounts Remainder of 2022 $ 1,668 2023 2,659 2024 1,793 2025 316 2026 — Thereafter — Total $ 6,436 Our total long term non-cancelable purchase commitments outstanding as of December 31, 2021 were $7.1 million. Letters of Credit The total letters of credit outstanding, in aggregate, was $0.5 million as of March 31, 2022 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 there are no existing claims or proceedings that are 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.

Stockholders Equity

Stockholders Equity	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Stockholders Equity	10. Stockholders’ Equity On September 25, 2020, in connection with the closing of the IPO, we filed an Amended and Restated Certificate of Incorporation which increased the authorized shares of common stock for issuance to 300,000,000 and authorized 5,000,000 shares of preferred stock, with a par value of $0.0001 per share, for issuance. There were no shares of preferred stock outstanding as of March 31, 2022 and December 31, 2021.

Equity Incentive Plans and Stoc

Equity Incentive Plans and Stock-Based Compensation	3 Months Ended
	Mar. 31, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Equity Incentive Plans and Stock-Based Compensation	11. Equity Incentive Plans and Stock-Based Compensation As of March 31, 2022 ESPP The following table summarizes stock-based compensation expense by line item in the accompanying condensed consolidated statements of operations (in thousands): Three Months Ended March 31, 2022 2021 Cost of revenue $ 285 $ 181 Sales, general and administrative 4,152 2,572 Product development 710 323 Stock-based compensation expense, net of amounts capitalized (1) 5,147 3,076 Income tax benefits related to stock-based compensation expense $ 311 $ 919 (1) Total stock-based compensation expense capitalized in inventory and as cloud computing arrangement (“CCA”) implementation costs were not material for each of the periods presented. 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): March 31, 2022 Unrecognized Expense Remaining weighted average period (In years) Stock Options $ 30,496 2.6 RSUs 29,714 3.4 ESPP 356 0.3 Total unrecognized stock-based compensation expense $ 60,566 The total intrinsic value of options exercised was $1.5 million and $4.4 million for the three months ended , respectively . The total fair value of RSUs vested was $2.5 million for the three months ended March 31, 2022, there were no RSUs vested for the three months ended March 31, 2021.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	12. Net Income (Loss) Per Share The following table summarizes the calculation of basic and diluted net income (loss) per share (in thousands, except per share amounts): Three Months Ended March 31, 2022 2021 Numerator Net income (loss) $ (3,280 ) $ 46,723 Less: Net loss attributable to noncontrolling interests (407 ) — Net income (loss) attributable to Corsair Gaming, Inc. (2,873 ) 46,723 Change in redemption value of redeemable noncontrolling interests (2,261 ) — Net income (loss) attributable to common stockholders of Corsair Gaming, Inc. $ (5,134 ) $ 46,723 Denominator Basic weighted-average shares outstanding 95,275 91,951 Effect of dilutive securities (1) — 8,260 Total diluted weighted-average shares outstanding 95,275 100,211 Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc. Basic $ (0.05 ) $ 0.51 Diluted $ (0.05 ) $ 0.47 Anti-dilutive potential common shares (1) 10,383 369 (1) Potential common share equivalents were not included in the calculation of diluted net income (loss) per share as the effect would have been anti-dilutive.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	13. Income Taxes The table below presents our income (loss) before income taxes, income tax benefit (expense) and effective income tax rates for all periods presented (in thousands): Three Months Ended March 31, 2022 2021 Income (loss) before income taxes $ (4,263 ) $ 59,918 Income tax benefit (expense) 983 (13,195 ) Effective tax rate 23.1 % 22.0 % 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, and 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 23.1% and 22.0% for the three months ended March 31, 2022 and 2021, respectively. The effective tax rate was higher in the three months ended March 31, 2022, as compared to the same period last year primarily due to a reduction of foreign tax credit upon adopting the new rules under the 2021 Final Regulations released by Treasury and IRS in December 2021 finalizing certain regulations regarding foreign tax credit and an increase of the deduction limitation over $1 million on our named executive officers’ stock-based compensation expense. Unrecognized tax benefits were $3.8 million as of March 31, 2022 f recognized, would favorably affect the effective income tax rate in future periods

Segment and Geographic Informat

Segment and Geographic Information	3 Months Ended
	Mar. 31, 2022
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 our streaming gear, which includes capture cards, Stream Decks, USB microphones, our Facecam streaming camera, studio accessories and EpocCam software, as well as coaching and training services, among others . • Gaming Components and Systems . Includes our high-performance power supply units, or PSUs, cooling solutions, computer cases, DRAM modules, as well as high-end prebuilt and custom-built gaming PCs, among others . The segments are defined as those operations our chief operating decision maker ( “CODM” ) regularly reviews to analyze performance and allocate resources. Our CODM is determined to be Corsair’s Chief Executive Officer. The table below summarizes the financial information for each reportable segment (in thousands): Three Months Ended March 31, 2022 2021 Net revenue Gamer and Creator Peripherals $ 134,148 $ 175,912 Gaming Components and Systems 246,543 353,502 Total net revenue $ 380,691 $ 529,414 Gross Profit Gamer and Creator Peripherals $ 43,057 $ 68,866 Gaming Components and Systems 47,699 91,462 Total gross profit $ 90,756 $ 160,328 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 March 31, 2022 2021 Net revenue Americas $ 192,824 $ 226,388 Europe and Middle East 122,198 225,494 Asia Pacific 65,669 77,532 Total net revenue $ 380,691 $ 529,414 Revenues from sales to customers in the United States represented 43.6% and 36.2% for the three months ended March 31, 2022 One customer represented at least 10% of total net revenue for each of the periods presented.

Redeemable Noncontrolling Inter

Redeemable Noncontrolling Interests	3 Months Ended
	Mar. 31, 2022
Income Amounts Attributable To Noncontrolling Interest Disclosures [Abstract]
Redeemable Noncontrolling Interests	15. Redeemable Noncontrolling Interests 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 . 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 interests redeemable and therefore, the redeemable noncontrolling interest s are classified as temporary equity on our condensed consolidated balance sheet. As of the Closing Date of the iDisplay Acquisition, the fair value of the total 49% noncontrolling interests in iDisplay has been estimated to be $29.6 million, of which $17.5 million is attributable to the 29% redeemable noncontrolling interests and classified within temporary equity and $12.1 million is attributable to the 20% noncontrolling interests classified within permanent equity on our condensed consolidated balance sheets As of March 31, 2022, based on the formula for determining the value of the iDisplay Seller’s put option and including amounts for dividends not currently declared, but for which have been accrued based on the Shareholders Agreement, the redemption value of the redeemable noncontrolling interests was estimated to be $2.3 million higher than the value that is determined without the effect of the iDisplay Seller’s put option and dividends. As a result, we recorded a $2.3 million increase in the value of the redeemable noncontrolling interest as of March 31, 2022, with offset to retained earnings, and this also increased the net loss used in the calculation of net loss per share attributable to common stockholders of Corsair Gaming, Inc. for the three months ended March 31, 2022. The following table presents the changes in redeemable noncontrolling interests for the period presented (in thousands): Three Months Ended March 31, 2022 Balance at beginning of period $ — Redeemable noncontrolling interests in iDisplay estimated at fair value at Closing Date 17,522 Net loss attributable to redeemable noncontrolling interests (241 ) Other comprehensive loss attributable to redeemable noncontrolling interests (118 ) Change in redemption value of redeemable noncontrolling interests 2,261 Balance at end of period $ 19,424

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
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”) (“SEC”) The condensed consolidated balance sheet as of December 31, 2021, 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, 2021, 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 March 31, 2022 and our results of operations for the three months ended March 31, 2022 and 2021. The results for the three months ended March 31, 2022 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 condensed consolidated financial statements include the accounts of Corsair and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. For consolidated entities where we own less than 100% of the equity, our consolidated net comprehensive income (loss) is reduced by the portion attributable to the noncontrolling interests. 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. On January 1, 2022 (the “Closing” or “Closing Date”), we completed the acquisition of a 51% ownership stake in Elgato iDisplay Holdings LTD. and its related companies (together “iDisplay”). , Business Combination - iDisplay Acquisition for more details on the iDisplay Acquisition). We have determined that iDisplay does not qualify as a VIE and Corsair has a controlling financial interest in iDisplay under the VOE model and therefore, iDisplay’s results of operations are fully consolidated with Corsair with effect from January 1, 2022. As a result, w e recorded a net loss of $ 0.4 million attributable to noncontrolling interests in our condensed consolidated statement of operations for the three months ended March 31, 2022, equal to the 49 % of the ownership interest retained in iDisplay by the noncontrolling interests.
Noncontrolling Interests	Noncontrolling Interests We have included both redeemable noncontrolling interests and noncontrolling interests in our condensed consolidated balance sheet in connection with our consolidation of the 51% ownership of iDisplay Redeemable noncontrolling interests that are redeemable and not solely within our control are classified within temporary equity in the condensed consolidated balance sheets. Redeemable noncontrolling interests are measured at the greater of the redemption value (calculated based on the formula stipulated in the Shareholders Agreement between the iDisplay seller and Corsair and, including the amounts for dividends not currently declared or paid, for which the payment is not solely within our control), or the carrying value before giving effect to the redemption feature. The redeemable noncontrolling interests are recorded at their maximum redemption value at each reporting date. The redemption value is remeasured each quarter and changes in the value are recognized immediately. Any resulting change in the value of the redeemable noncontrolling interests is recognized through retained earnings and this adjustment also impacts the net income or loss attributable to common stockholders of Corsair Gaming, Inc used in the net income (loss) per share calculation. (See Note 16 for more information regarding the redeemable noncontrolling interests). In addition, we have noncontrolling interests recorded at carrying value which do not have redemption features and are classified within permanent in our condensed consolidated balance sheet.
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 current economic environment. We adjust such estimates and assumptions when facts and circumstances dictate. Actual results could differ materially from those estimates due to risks and uncertainties, including uncertainty in the current economic environment due to COVID-19.
Risks and Uncertainties Related To COVID-19 Pandemic	Risks and Uncertainties related to the COVID-19 Pandemic Due to the COVID-19 pandemic, there has been and will continue to be uncertainty and disruption in the global economy and financial markets. Since early 2020, we have experienced an increase in demand for our gear as more people were under shelter-in-place restrictions, which we believe have limited people’s access to alternative forms of entertainment and social interaction, and thus have increased the demand for home entertainment and connecting with others through content creation. In contrast, as the COVID-19 pandemic subsides, it has resulted in shelter-in-place and other similar restrictions being eased. Such easing of restrictions has resulted in consumers returning to other alternative forms of entertainment and interaction. This in turn has resulted in a decline in demand for our products since the second half of 2021. The extent to which the COVID-19 outbreak ultimately impacts our business, sales, results of operations, cash flows and financial condition will depend on future developments, which are highly uncertain and cannot be predicted, including, but not limited to, the severity, duration and spread of the outbreak, how quickly and to what extent normal economic and operating conditions can resume, and the actions to contain the virus and prevent any reoccurrence. For example, China's zero-COVID policy has negative implications for global supply chains generally; factory shutdowns and transport backlogs may result in inventory shortfalls for our products, which could negatively impact our sales. Even after the COVID-19 outbreak has subsided, we may continue to experience significant impacts to our business as a result of its global economic impact, including any economic downturn or recession that has occurred or may occur in the future. As of the date of issuance of these condensed consolidated financial statements, we are not aware of any specific event or circumstance that would require updates to our estimates and judgments or revisions due to COVID-19 to the carrying value of our assets or liabilities. These estimates may change, as new events occur and additional information is obtained, and are recognized in the condensed consolidated financial statements as soon as they become known. Actual results could differ from those estimates and any such differences may be material to the condensed consolidated financial statements.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848) In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805),
Accounting Pronouncements Issued but Not Yet Adopted	Accounting Pronouncements Issued but Not Yet Adopted None.

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Summary of Financial Assets and Liabilities that Measured at Fair Value	The carrying values of certain of our financial instruments, including accounts receivable and accounts payable, approximate their fair values due to their short maturities. The balances of our financial assets that were measured at fair value on a recurring basis as of March 31, 2022 and December 31, 2021 were not material. The following tables summarize our financial liabilities that were measured at fair value on a recurring basis, and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands): March 31, 2022 (Level 1) (Level 2) (Level 3) Total Liabilities: Deferred cash consideration in connection with a business acquisition—SCUF (1) $ — $ — $ 958 $ 958 Foreign currency forward contracts (2) — 163 — 163 Other — — 224 224 Total liabilities $ — $ 163 $ 1,182 $ 1,345 December 31, 2021 (Level 1) (Level 2) (Level 3) Total Liabilities: Deferred cash consideration in connection with a business acquisition—SCUF (1) $ — $ — $ 1,250 $ 1,250 Foreign currency forward contracts (2) — 427 — 427 Other — — 224 224 Total liabilities $ — $ 427 $ 1,474 $ 1,901 (1) On December 19, 2019, one of our subsidiaries entered into an Agreement and Plan of Merger with Scuf Holdings, Inc. and subsidiaries (collectively “SCUF”) and acquired 100% of their equity interests (the “SCUF Acquisition”). The fair value of the SCUF contingent consideration was determined based on the estimates of acquired tax benefits owed to SCUF’s sellers according to the merger agreement, and these estimates represent a level 3 fair value measurement. The $1.3 million liability as of December 31, 2021 consisted of $0.3 million based on a contractual amount and the remaining $1.0 million is subject to update upon filing our tax return for tax year 2021. In March 2022, we paid the $0.3 million contractual amount, and the remaining $1.0 million liability as of March 31, 2022 is subject to update upon filing our tax return for tax year 2021. (2) The fair values of the forward contracts were based on similar exchange traded derivatives and the related asset or liability is included within Level 2 of the fair value hierarchy.

Business Combinations (Tables)

Business Combinations (Tables)	3 Months Ended
	Mar. 31, 2022
Business Combinations [Abstract]
Schedule of Estimated Fair Value of Assets Acquired and Liabilities	The following table presents the estimated fair value of the assets acquired and liabilities as of the Closing Date (in thousands): Preliminary Allocation Cash $ 2,330 Accounts receivable 3,382 Inventories 2,765 Prepaid and other assets 424 Operating lease right-of-use asset 360 Property and equipment 277 Identifiable intangible assets 35,300 Goodwill 31,970 Total assets acquired 76,808 Accounts payable (5,106 ) Deferred tax liabilities (4,637 ) Accrued liabilities (731 ) Operating lease liabilities (360 ) Total liabilities assumed (10,834 ) Net assets acquired 65,974 Noncontrolling interests (29,606 ) Fair value of consideration transferred $ 36,368 Purchase consideration: Cash $ 21,864 Corsair common stock 14,504 Fair value of consideration transferred $ 36,368
Summary of Valuation of Identifiable Intangible Assets Acquired in Business Combination and Respective Useful Lives	Valuation of identified intangible assets The following table summarizes the valuation of the identifiable intangible assets acquired in the iDisplay Acquisition and the estimate of their respective useful lives as of Closing Date : Preliminary Valuation Useful Life (In thousands) (In years) Patent portfolio $ 5,200 6 Supplier relationships 6,700 6 Developed technology 23,400 6 Total identifiable intangible assets $ 35,300

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]
Summary of Changes in Carrying Amount of Goodwill by Reportable Segment	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, 2021 $ 145,310 $ 171,744 $ 317,054 Addition from iDisplay Acquisition 3,485 28,485 31,970 Effect of foreign currency exchange rates (22 ) (578 ) (600 ) Balance as of March 31, 2022 $ 148,773 $ 199,651 $ 348,424
Summary of Intangible Assets, Net	The following table is a summary of intangible assets, net (in thousands): March 31, 2022 December 31, 2021 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Developed technology $ 55,486 $ 17,414 $ 38,072 $ 32,086 $ 14,922 $ 17,164 Trade name 30,454 5,429 25,025 30,665 4,942 25,723 Customer relationships 218,560 100,413 118,147 218,566 94,910 123,656 Patent portfolio 35,799 9,163 26,636 31,481 8,196 23,285 Non-competition agreements 2,521 2,319 202 2,521 2,193 328 Supplier relationships 6,476 270 6,206 — — — Total finite-life intangibles 349,296 135,008 214,288 315,319 125,163 190,156 Indefinite life trade name 35,430 — 35,430 35,430 — 35,430 Other 123 — 123 123 — 123 Total intangible assets $ 384,849 $ 135,008 $ 249,841 $ 350,872 $ 125,163 $ 225,709
Schedule of Estimated Future Amortization Expense of Intangible Assets	The estimated future amortization expense of intangible assets as of March 31, 2022 Amounts Remainder of 2022 $ 30,032 2023 38,530 2024 37,080 2025 36,777 2026 33,405 Thereafter 38,464 Total $ 214,288

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
	Mar. 31, 2022
Balance Sheet Related Disclosures [Abstract]
Schedule of Components of Balance Sheet	The following tables present the components of certain balance sheet amounts (in thousands): Cash and Restricted Cash March 31, 2022 December 31, 2021 Cash $ 29,049 $ 62,415 Restricted cash—short term 2,705 2,734 Restricted cash—noncurrent 231 231 Total cash and restricted cash $ 31,985 $ 65,380 Accounts Receivable, Net March 31, 2022 December 31, 2021 Accounts receivable $ 237,001 $ 291,816 Allowance for doubtful accounts (529 ) (529 ) Accounts receivable, net $ 236,472 $ 291,287 As of March 31, 2022 Inventories March 31, 2022 December 31, 2021 Raw materials $ 78,467 $ 62,110 Work in progress 8,095 4,931 Finished goods 213,861 231,274 Inventories $ 300,423 $ 298,315 Property and Equipment, Net March 31, 2022 December 31, 2021 Manufacturing equipment $ 27,938 $ 26,094 Computer equipment, software and office equipment 9,642 9,407 Furniture and fixtures 4,949 5,154 Leasehold improvements 7,802 4,709 Total property and equipment $ 50,331 $ 45,364 Less: Accumulated depreciation and amortization (30,724 ) (28,545 ) Property and equipment, net $ 19,607 $ 16,819 Other Assets March 31, 2022 December 31, 2021 Right-of-use assets $ 48,620 $ 51,387 Deferred tax asset 16,055 12,737 Other 10,121 7,684 Other assets $ 74,796 $ 71,808 Other Liabilities and Accrued Expenses March 31, 2022 December 31, 2021 Accrued reserves for customer incentive programs $ 60,042 $ 66,733 Accrued reserves for sales return 33,285 37,166 Accrued payroll and related expense 10,480 20,526 Accrued freight expenses 13,652 18,296 Operating lease liabilities, current 8,756 9,457 Income tax payable 8,233 6,316 Contract liabilities 4,716 6,663 Other 37,392 40,717 Other liabilities and accrued expenses $ 176,556 $ 205,874 Other Liabilities, Noncurrent March 31, 2022 December 31, 2021 Operating lease liabilities, noncurrent $ 49,206 $ 51,153 Other 2,970 2,718 Other liabilities, noncurrent $ 52,176 $ 53,871

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Summary of Debt	Our debt consisted of the following (in thousands): March 31, 2022 December 31, 2021 Term Loan (variable rate) due September 2026 $ 247,500 $ 248,750 Debt discount and issuance cost, net of amortization (1,037 ) (1,099 ) Total debt 246,463 247,651 Less: debt maturing within one year 4,754 4,753 Long-term debt $ 241,709 $ 242,898
Summary of Interest Expense Recognized	The following table summarizes the interest expense recognized for all periods presented (in thousands): Three Months Ended March 31, 2022 2021 First Lien Guaranty Agreement: Contractual interest expense for term loan $ — $ 3,882 Amortization of debt discount and issuance cost — 537 Loss on debt extinguishment — 439 Credit Agreement: Contractual interest expense for term loan 865 — Contractual interest expense for revolving facility 274 — Amortization of debt discount and issuance cost 86 — Other 54 88 Total interest expense recognized $ 1,279 $ 4,946
Summary of Estimated Future Principal Payments under Total Long-term Debt	The estimated future principal payments under our total long-term debt as of March 31, 2022 are as follows (in thousands): Amounts Remainder of 2022 $ 3,750 2023 6,875 2024 12,500 2025 12,500 2026 211,875 Thereafter — Total debt $ 247,500

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments And Contingencies Disclosure [Abstract]
Schedule of Changes in Warranty	Changes in our warranty obligations were as follows (in thousands): Three Months Ended March 31, 2022 2021 Beginning of the period $ 5,655 $ 5,865 Warranty provision related to products shipped 1,298 1,873 Deductions for warranty claims processed (1,561 ) (1,737 ) End of period $ 5,392 $ 6,001
Schedule of Long-Term Non-Cancelable Purchase Commitment	Long-term non-cancelable purchase commitment as of March 31, 2022 Amounts Remainder of 2022 $ 1,668 2023 2,659 2024 1,793 2025 316 2026 — Thereafter — Total $ 6,436

Equity Incentive Plans and St_2

Equity Incentive Plans and Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Stock-based Compensation Expense	The following table summarizes stock-based compensation expense by line item in the accompanying condensed consolidated statements of operations (in thousands): Three Months Ended March 31, 2022 2021 Cost of revenue $ 285 $ 181 Sales, general and administrative 4,152 2,572 Product development 710 323 Stock-based compensation expense, net of amounts capitalized (1) 5,147 3,076 Income tax benefits related to stock-based compensation expense $ 311 $ 919 (1) Total stock-based compensation expense capitalized in inventory and as cloud computing arrangement (“CCA”) implementation costs 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): March 31, 2022 Unrecognized Expense Remaining weighted average period (In years) Stock Options $ 30,496 2.6 RSUs 29,714 3.4 ESPP 356 0.3 Total unrecognized stock-based compensation expense $ 60,566

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Income (Loss) Per Share	The following table summarizes the calculation of basic and diluted net income (loss) per share (in thousands, except per share amounts): Three Months Ended March 31, 2022 2021 Numerator Net income (loss) $ (3,280 ) $ 46,723 Less: Net loss attributable to noncontrolling interests (407 ) — Net income (loss) attributable to Corsair Gaming, Inc. (2,873 ) 46,723 Change in redemption value of redeemable noncontrolling interests (2,261 ) — Net income (loss) attributable to common stockholders of Corsair Gaming, Inc. $ (5,134 ) $ 46,723 Denominator Basic weighted-average shares outstanding 95,275 91,951 Effect of dilutive securities (1) — 8,260 Total diluted weighted-average shares outstanding 95,275 100,211 Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc. Basic $ (0.05 ) $ 0.51 Diluted $ (0.05 ) $ 0.47 Anti-dilutive potential common shares (1) 10,383 369 (1) Potential common share equivalents were not included in the calculation of diluted net income (loss) per share as the effect would have been anti-dilutive.

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Income Before Income Taxes, Income Tax Expense and Effective Income Tax Rates	The table below presents our income (loss) before income taxes, income tax benefit (expense) and effective income tax rates for all periods presented (in thousands): Three Months Ended March 31, 2022 2021 Income (loss) before income taxes $ (4,263 ) $ 59,918 Income tax benefit (expense) 983 (13,195 ) Effective tax rate 23.1 % 22.0 %

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Summary of Financial Information for Each Reportable Segment	The table below summarizes the financial information for each reportable segment (in thousands): Three Months Ended March 31, 2022 2021 Net revenue Gamer and Creator Peripherals $ 134,148 $ 175,912 Gaming Components and Systems 246,543 353,502 Total net revenue $ 380,691 $ 529,414 Gross Profit Gamer and Creator Peripherals $ 43,057 $ 68,866 Gaming Components and Systems 47,699 91,462 Total gross profit $ 90,756 $ 160,328
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 March 31, 2022 2021 Net revenue Americas $ 192,824 $ 226,388 Europe and Middle East 122,198 225,494 Asia Pacific 65,669 77,532 Total net revenue $ 380,691 $ 529,414

Redeemable Noncontrolling Int_2

Redeemable Noncontrolling Interests (Tables)	3 Months Ended
	Mar. 31, 2022
Income Amounts Attributable To Noncontrolling Interest Disclosures [Abstract]
Redeemable Noncontrolling Interests	The following table presents the changes in redeemable noncontrolling interests for the period presented (in thousands): Three Months Ended March 31, 2022 Balance at beginning of period $ — Redeemable noncontrolling interests in iDisplay estimated at fair value at Closing Date 17,522 Net loss attributable to redeemable noncontrolling interests (241 ) Other comprehensive loss attributable to redeemable noncontrolling interests (118 ) Change in redemption value of redeemable noncontrolling interests 2,261 Balance at end of period $ 19,424

Description of Business and B_2

Description of Business and Basis of Presentation - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2022Segment
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Number of reportable segments	2

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Thousands	Jan. 01, 2022	Mar. 31, 2022
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Net loss attributable to noncontrolling interests		$ 407
ASU 2020-04
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle, accounting standards update, adopted		true
Change in accounting principle, accounting standards update, adoption date		Jan. 1, 2022
Change in accounting principle, accounting standards update, immaterial effect		true
ASU 2021-08
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle, accounting standards update, adopted		true
Change in accounting principle, accounting standards update, adoption date		Jan. 1, 2022
Change in accounting principle, accounting standards update, immaterial effect		true
IDisplay Technology
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Percentage of equity interest acquired	51.00%	51.00%
Net loss attributable to noncontrolling interests	$ 400
IDisplay Technology | IDisplay Seller
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Noncontrolling interest	49.00%

Fair Value Measurement - Summar

Fair Value Measurement - Summary of Financial Liabilities that Measured at Fair Value (Details) - Fair Value Recurring Basis - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Liabilities:
Liabilities	$ 1,345	$ 1,901
Foreign Currency Forward Contracts
Liabilities:
Liabilities	163	427
Other
Liabilities:
Liabilities	224	224
Deferred Cash Consideration Business Acquisition SCUF
Liabilities:
Liabilities	958	1,250
(Level 2)
Liabilities:
Liabilities	163	427
(Level 2) | Foreign Currency Forward Contracts
Liabilities:
Liabilities	163	427
(Level 3)
Liabilities:
Liabilities	1,182	1,474
(Level 3) | Other
Liabilities:
Liabilities	224	224
(Level 3) | Deferred Cash Consideration Business Acquisition SCUF
Liabilities:
Liabilities	$ 958	$ 1,250

Fair Value Measurement - Summ_2

Fair Value Measurement - Summary of Financial Liabilities that Measured at Fair Value (Parenthetical) (Details) - Contingent Consideration Business Acquisition SCUF - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities	$ 1	$ 1.3
Contractual Amount
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities	0.3	0.3
Tax Return Filing Adjustment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Liabilities	$ 1	$ 1

Derivative Financial Instrume_2

Derivative Financial Instruments - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2022USD ($)Derivative	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Derivative Instruments Gain Loss [Line Items]
Derivative instruments for trading purposes | Derivative	0
Designated as Hedging Instruments
Derivative Instruments Gain Loss [Line Items]
Derivative, amount of hedged item	$ 0
Foreign Currency Forward Contracts | Non Designated
Derivative Instruments Gain Loss [Line Items]
Notional principal amount	48,000,000		$ 48,600,000
Foreign Currency Forward Contracts | Non Designated | Other (Expense) Income
Derivative Instruments Gain Loss [Line Items]
Fair value gains (losses) recognized in other (expense) income	$ 500,000	$ 700,000
Minimum | Foreign Currency Forward Contracts | Non Designated
Derivative Instruments Gain Loss [Line Items]
Derivative maturity term	2 months
Maximum [Member] | Foreign Currency Forward Contracts | Non Designated
Derivative Instruments Gain Loss [Line Items]
Derivative maturity term	3 months

Business Combinations - Additio

Business Combinations - Additional Information (Details) - IDisplay Technology - USD ($) $ in Thousands	Jan. 01, 2022	Mar. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Percentage of equity interest acquired	51.00%	51.00%
Fair value of consideration	$ 36,368
Purchase consideration paid in cash	$ 21,864
Purchase consideration paid in equity shares	690,333,000
Fair value of equity issued in business combination	$ 14,504
Accounts payable	$ 3,500
Percentage of Redeemable Noncontrolling Interests	29.00%
Put and call option expiration date	Jan. 1, 2025
Fair value of noncontrolling interest amount	$ 29,606
Percentage of controlling financial interest	15.00%
Implied minority discount percentage	13.00%
Inventory	$ 300
Fair value of identifiable intangible assets net tangible assets and liabilities acquired	32,000
Deferred tax liability	4,637
Acquisition-related costs		$ 500	$ 600
Gamer and Creator Peripherals
Business Acquisition [Line Items]
Fair value of identifiable intangible assets net tangible assets and liabilities acquired	28,500
Gaming Components and Systems
Business Acquisition [Line Items]
Fair value of identifiable intangible assets net tangible assets and liabilities acquired	$ 3,500
First Anniversary
Business Acquisition [Line Items]
Percentage of equity interest acquired	14.00%
Second Anniversary
Business Acquisition [Line Items]
Percentage of equity interest acquired	15.00%
IDisplay Seller
Business Acquisition [Line Items]
Noncontrolling interest	49.00%

Business Combinations - Schedul

Business Combinations - Schedule of Estimated Fair Value of Assets Acquired and Liabilities (Details) - USD ($) $ in Thousands	Jan. 01, 2022	Mar. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill		$ 348,424	$ 317,054
IDisplay Technology
Business Acquisition [Line Items]
Cash	$ 2,330
Accounts receivable	3,382
Inventories	2,765
Prepaid and other assets	424
Operating lease right-of-use asset	360
Property and equipment	277
Identifiable intangible assets	35,300
Goodwill	31,970
Total assets acquired	76,808
Accounts payable	(5,106)
Deferred tax liabilities	(4,637)
Accrued liabilities	(731)
Operating lease liabilities	(360)
Total liabilities assumed	(10,834)
Net assets acquired	65,974
Noncontrolling interests	(29,606)
Fair value of consideration	36,368
Purchase consideration:
Purchase consideration paid in cash	21,864
Fair value of equity issued in business combination	14,504
Fair value of consideration	$ 36,368

Business Combinations - Summary

Business Combinations - Summary of Valuation of Identifiable Intangible Assets Acquired in Business Combination and Respective Useful Lives (Details) - IDisplay Technology $ in Thousands	Jan. 01, 2022USD ($)
Business Acquisition [Line Items]
Preliminary Valuation	$ 35,300
Patent Portfolio
Business Acquisition [Line Items]
Preliminary Valuation	$ 5,200
Useful Life	6 years
Supplier Relationship
Business Acquisition [Line Items]
Preliminary Valuation	$ 6,700
Useful Life	6 years
Developed Technology
Business Acquisition [Line Items]
Preliminary Valuation	$ 23,400
Useful Life	6 years

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Summary of Changes in Carrying Amount of Goodwill by Reportable Segment (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Goodwill [Line Items]
Balance	$ 317,054
Addition from iDisplay Acquisition	31,970
Effect of foreign currency exchange rates	(600)
Balance	348,424
Gaming Components and Systems
Goodwill [Line Items]
Balance	145,310
Addition from iDisplay Acquisition	3,485
Effect of foreign currency exchange rates	(22)
Balance	148,773
Gamer and Creator Peripherals
Goodwill [Line Items]
Balance	171,744
Addition from iDisplay Acquisition	28,485
Effect of foreign currency exchange rates	(578)
Balance	$ 199,651

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Summary of Intangible Assets, Net (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Total finite-life intangibles, Gross Carrying Amount	$ 349,296	$ 315,319
Total finite-life intangibles, Accumulated Amortization	135,008	125,163
Total finite-life intangibles, Net Carrying Amount	214,288	190,156
Total intangible assets, Gross Carrying Amount	384,849	350,872
Total intangible assets, Net Carrying Amount	249,841	225,709
Trade Name
Indefinite-life intangibles, Gross and Net Carrying Amount	35,430	35,430
Other
Indefinite-life intangibles, Gross and Net Carrying Amount	123	123
Developed Technology
Total finite-life intangibles, Gross Carrying Amount	55,486	32,086
Total finite-life intangibles, Accumulated Amortization	17,414	14,922
Total finite-life intangibles, Net Carrying Amount	38,072	17,164
Trade Name
Total finite-life intangibles, Gross Carrying Amount	30,454	30,665
Total finite-life intangibles, Accumulated Amortization	5,429	4,942
Total finite-life intangibles, Net Carrying Amount	25,025	25,723
Customer Relationships
Total finite-life intangibles, Gross Carrying Amount	218,560	218,566
Total finite-life intangibles, Accumulated Amortization	100,413	94,910
Total finite-life intangibles, Net Carrying Amount	118,147	123,656
Patents
Total finite-life intangibles, Gross Carrying Amount	35,799	31,481
Total finite-life intangibles, Accumulated Amortization	9,163	8,196
Total finite-life intangibles, Net Carrying Amount	26,636	23,285
Noncompete Agreements
Total finite-life intangibles, Gross Carrying Amount	2,521	2,521
Total finite-life intangibles, Accumulated Amortization	2,319	2,193
Total finite-life intangibles, Net Carrying Amount	202	$ 328
Supplier Relationship
Total finite-life intangibles, Gross Carrying Amount	6,476
Total finite-life intangibles, Accumulated Amortization	270
Total finite-life intangibles, Net Carrying Amount	$ 6,206

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Estimated Future Amortization Expense of Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]
Remainder of 2022	$ 30,032
2023	38,530
2024	37,080
2025	36,777
2026	33,405
Thereafter	38,464
Total finite-life intangibles, Net Carrying Amount	$ 214,288	$ 190,156

Balance Sheet Components - Sche

Balance Sheet Components - Schedule of Components of Balance Sheet (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Balance Sheet Related Disclosures [Line Items]
Cash	$ 29,049	$ 62,415
Restricted cash	2,705	2,734
Restricted cash, noncurrent	231	231
Total cash and restricted cash	31,985	65,380	$ 125,582	$ 133,568
Accounts receivable	237,001	291,816
Allowance for doubtful accounts	(529)	(529)
Accounts receivable, net	236,472	291,287
Raw materials	78,467	62,110
Work in progress	8,095	4,931
Finished goods	213,861	231,274
Inventories	300,423	298,315
Total property and equipment	50,331	45,364
Less: Accumulated depreciation and amortization	(30,724)	(28,545)
Property and equipment, net	19,607	16,819
Right-of-use assets	48,620	51,387
Deferred tax asset	16,055	12,737
Other	10,121	7,684
Other assets	74,796	71,808
Accrued reserves for customer incentive programs	60,042	66,733
Accrued reserves for sales return	33,285	37,166
Accrued payroll and related expense	10,480	20,526
Accrued freight expenses	13,652	18,296
Operating lease liabilities, current	8,756	9,457
Income tax payable	8,233	6,316
Contract liabilities	4,716	6,663
Other	37,392	40,717
Other liabilities and accrued expenses	176,556	205,874
Operating lease liabilities, noncurrent	49,206	51,153
Other	2,970	2,718
Other liabilities, noncurrent	52,176	53,871
Manufacturing Equipment
Balance Sheet Related Disclosures [Line Items]
Total property and equipment	27,938	26,094
Computer Equipment, Software and Office Equipment
Balance Sheet Related Disclosures [Line Items]
Total property and equipment	9,642	9,407
Furniture and Fixtures
Balance Sheet Related Disclosures [Line Items]
Total property and equipment	4,949	5,154
Leasehold Improvements
Balance Sheet Related Disclosures [Line Items]
Total property and equipment	$ 7,802	$ 4,709

Balance Sheet Components - Addi

Balance Sheet Components - Additional Information (Details) $ in Millions	Mar. 31, 2022USD ($)Customer	Dec. 31, 2021USD ($)Customer
Inventory Exchanges
Concentration Risk [Line Items]
Sales and purchases of inventories in prepaid inventories	$ 6.2	$ 5
Sales and purchases of inventories in accrued liabilities	$ 6.7	$ 5.4
Accounts Receivable | Credit Concentration Risk
Concentration Risk [Line Items]
Number of customers | Customer	2	2

Debt - Summary of Debt (Details

Debt - Summary of Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total debt	$ 247,500
Debt discount and issuance cost, net of amortization	(1,037)	$ (1,099)
Total debt	246,463	247,651
Less: debt maturing within one year	4,754	4,753
Long-term debt	241,709	242,898
Term Loan
Debt Instrument [Line Items]
Total debt	247,500	248,750
Total debt	$ 246,500	$ 247,700

Debt - Summary of Debt (Parenth

Debt - Summary of Debt (Parenthetical) (Details)	3 Months Ended
	Mar. 31, 2022
Term Loan
Debt Instrument [Line Items]
Debt instrument, maturity date	2026-09

Debt - Additional Information (

Debt - Additional Information (Details)	Sep. 03, 2021USD ($)	Mar. 31, 2019USD ($)	Oct. 31, 2018	Mar. 31, 2018USD ($)	Aug. 31, 2017USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Debt Instrument [Line Items]
Loss on debt extinguishment								$ 439,000
Borrowing from line of credit							$ 293,000,000
Carrying value of term loan							246,463,000		$ 247,651,000
First Lien Term Loan
Debt Instrument [Line Items]
Principal amount					$ 235,000,000
Debt instrument, maturity date					Aug. 28, 2024
Increase in Principal amount		$ 115,000,000		$ 115,000,000		$ 10,000,000
Voluntary Prepayment of debt								28,000,000
Loss on debt extinguishment								$ 439,000
Effective interest rate								6.45%
First Lien Term Loan | Federal Funds Effective Rate
Debt Instrument [Line Items]
Debt instrument, variable rate					0.50%
First Lien Term Loan | One Month LIBOR
Debt Instrument [Line Items]
Debt instrument, variable rate					1.00%
Debt instrument, maturity period of variable rate basis					1 month
First Lien Term Loan | 2%, Plus Margin Rate
Debt Instrument [Line Items]
Debt instrument, variable rate					3.50%
Debt instrument, interest rate					2.00%
First Lien Term Loan | 1%, Plus Margin Rate
Debt Instrument [Line Items]
Debt instrument, variable rate					4.50%
Debt instrument, interest rate					1.00%
Revolving Credit Facility
Debt Instrument [Line Items]
Principal amount					$ 50,000,000
Debt instrument, maturity date					Aug. 28, 2022
Revolving Credit Facility | Federal Funds Effective Rate
Debt Instrument [Line Items]
Debt instrument, variable rate					0.50%
Revolving Credit Facility | One Month LIBOR
Debt Instrument [Line Items]
Debt instrument, variable rate					1.00%
Debt instrument, maturity period of variable rate basis					1 month
Revolving Credit Facility | 2%, Plus Margin Rate
Debt Instrument [Line Items]
Debt instrument, variable rate					3.50%
Debt instrument, interest rate					2.00%
Revolving Credit Facility | 1%, Plus Margin Rate
Debt Instrument [Line Items]
Debt instrument, variable rate					4.50%
Debt instrument, interest rate					1.00%
Revolving Credit Facility | Base Rate | Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate			2.75%
Revolving Credit Facility | Base Rate | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, variable rate			3.25%
Revolving Credit Facility | Eurodollar | Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate			3.75%
Revolving Credit Facility | Eurodollar | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, variable rate			4.25%
First Lien Term Loan Amendment | Base Rate | Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate			2.75%
First Lien Term Loan Amendment | Base Rate | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, variable rate			3.25%
First Lien Term Loan Amendment | Eurodollar | Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate			3.75%
First Lien Term Loan Amendment | Eurodollar | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, variable rate			4.25%
Revolving Credit Facility Under Credit Agreement
Debt Instrument [Line Items]
Principal amount	$ 100,000,000
Credit facility, expiration period	5 years
Credit facility, expiration month and year	2026-09
Outstanding borrowing balance							0		0
Revolving Credit Facility Under Credit Agreement | One Month LIBOR
Debt Instrument [Line Items]
Debt instrument, variable rate	1.00%
Debt instrument, maturity period of variable rate basis	1 month
Revolving Credit Facility Under Credit Agreement | One Month LIBOR | Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate	0.25%
Revolving Credit Facility Under Credit Agreement | One Month LIBOR | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, variable rate	1.00%
Revolving Credit Facility Under Credit Agreement | LIBOR | Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate	1.25%
Revolving Credit Facility Under Credit Agreement | LIBOR | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, variable rate	2.00%
Revolving Credit Facility Under Credit Agreement | Federal Funds Rate
Debt Instrument [Line Items]
Debt instrument, variable rate	0.50%
Term Loan
Debt Instrument [Line Items]
Principal amount	$ 250,000,000
Credit facility, expiration period	5 years
Credit facility, expiration month and year	2026-09
Carrying value of term loan							246,500,000		$ 247,700,000
Term Loan | (Level 2)
Debt Instrument [Line Items]
Estimated fair value of term loan							$ 255,500,000
Term Loan | One Month LIBOR
Debt Instrument [Line Items]
Debt instrument, variable rate	1.00%
Debt instrument, maturity period of variable rate basis	1 month
Term Loan | One Month LIBOR | Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate	0.25%
Term Loan | One Month LIBOR | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, variable rate	1.00%
Term Loan | LIBOR | Minimum
Debt Instrument [Line Items]
Debt instrument, variable rate	1.25%
Term Loan | LIBOR | Maximum [Member]
Debt Instrument [Line Items]
Debt instrument, variable rate	2.00%
Term Loan | Federal Funds Rate
Debt Instrument [Line Items]
Debt instrument, variable rate	0.50%
Credit Agreement
Debt Instrument [Line Items]
Effective interest rate							1.49%
Credit facility, incremental maximum aggregate principal amount	$ 250,000,000
Borrowing from line of credit	248,500,000
Debt discount	$ 1,500,000
Increase in interest rate upon certain events of default	2.00%
Credit Agreement | Minimum
Debt Instrument [Line Items]
Consolidated interest coverage ratio	3
Credit Agreement | Maximum [Member]
Debt Instrument [Line Items]
Consolidated total net leverage ratio	3

Debt - Summary of Interest Expe

Debt - Summary of Interest Expense Recognized (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Debt Instrument [Line Items]
Loss on debt extinguishment		$ 439
Other	$ 54	88
Total interest expense recognized	1,279	4,946
First Lien Term Loan
Debt Instrument [Line Items]
Contractual interest expense for term loan		3,882
Amortization of debt discount and issuance cost		537
Loss on debt extinguishment		$ 439
Credit Agreement, Term Loan
Debt Instrument [Line Items]
Contractual interest expense for term loan	865
Revolving Credit Facility Under Credit Agreement
Debt Instrument [Line Items]
Contractual interest expense for term loan	274
Credit Agreement
Debt Instrument [Line Items]
Amortization of debt discount and issuance cost	$ 86

Debt - Summary of Estimated Fut

Debt - Summary of Estimated Future Principal Payments under Total Long-term Debt (Details) $ in Thousands	Mar. 31, 2022USD ($)
Debt Disclosure [Abstract]
Remainder of 2022	$ 3,750
2023	6,875
2024	12,500
2025	12,500
2026	211,875
Total debt	$ 247,500

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Changes in Warranty Obligations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Commitments And Contingencies Disclosure [Abstract]
Beginning of the period	$ 5,655	$ 5,865
Warranty provision related to products shipped	1,298	1,873
Deductions for warranty claims processed	(1,561)	(1,737)
End of period	$ 5,392	$ 6,001

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Long-Term Non-Cancelable Purchase Commitment (Details) $ in Thousands	Mar. 31, 2022USD ($)
Commitments And Contingencies Disclosure [Abstract]
Remainder of 2022	$ 1,668
2023	2,659
2024	1,793
2025	316
Total	$ 6,436

Commitments and Contingencies_3

Commitments and Contingencies - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022USD ($)Claim	Dec. 31, 2021USD ($)
Commitments And Contingencies Disclosure [Abstract]
Non-cancelable long-term purchase commitments		$ 7,100,000
Letters of credit outstanding, amount	$ 500,000	$ 500,000
Line of credit facility, current borrowing capacity	$ 0
Loss contingency, claims settled, number | Claim	0

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details) - $ / shares	Mar. 31, 2022	Dec. 31, 2021	Sep. 25, 2020
Equity [Abstract]
Authorized shares of common stock for issuance	300,000,000	300,000,000	300,000,000
Authorized shares of preferred stock for issuance	5,000,000	5,000,000	5,000,000
Authorized shares of common stock for issuance, par value	$ 0.0001	$ 0.0001	$ 0.0001
Authorized shares of preferred stock for issuance, par value	$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock shares outstanding	0	0

Equity Incentive Plans and St_3

Equity Incentive Plans and Stock-Based Compensation - Summary of Stock-based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense, net of amounts capitalized	$ 5,147	$ 3,076
Income tax benefits related to stock-based compensation expense	311	919
Cost of Revenue
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense, net of amounts capitalized	285	181
Sales, General and Administrative
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense, net of amounts capitalized	4,152	2,572
Product Development
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense, net of amounts capitalized	$ 710	$ 323

Equity Incentive Plans and St_4

Equity Incentive Plans and Stock-Based Compensation - Summary of Total Unrecognized Stock-Based Compensation Expense and Remaining Period (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total unrecognized stock-based compensation expense	$ 60,566
ESPP
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
RSUs	$ 356
Remaining weighted average period (In years)	3 months 18 days
Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Options	$ 30,496
Remaining weighted average period (In years)	2 years 7 months 6 days
RSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
RSUs	$ 29,714
Remaining weighted average period (In years)	3 years 4 months 24 days

Equity Incentive Plans and St_5

Equity Incentive Plans and Stock-Based Compensation - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Intrinsic value of options exercised	$ 1.5	$ 4.4
RSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total fair value stock units vested	$ 2.5	$ 0

Net Income (Loss) Per Share - C

Net Income (Loss) Per Share - Computation of Basic and Diluted Net Income (Loss) Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Numerator
Net income (loss)	$ (3,280)	$ 46,723
Less: Net loss attributable to noncontrolling interests	(407)
Net income (loss) attributable to Corsair Gaming, Inc.	(2,873)	46,723
Change in redemption value of redeemable noncontrolling interests	(2,261)
Net income (loss) attributable to common stockholders of Corsair Gaming, Inc.	$ (5,134)	$ 46,723
Weighted-average common shares outstanding:
Basic	95,275	91,951
Effect of dilutive securities		8,260
Total diluted weighted-average shares outstanding	95,275	100,211
Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.
Basic	$ 0.05	$ 0.51
Diluted	$ 0.05	$ 0.47
Anti-dilutive potential common shares	10,383	369

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Before Income Taxes, Income Tax Expense and Effective Income Tax Rates (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Income (loss) before income taxes	$ (4,263)	$ 59,918
Income tax benefit (expense)	$ 983	$ (13,195)
Effective tax rate	23.10%	22.00%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Effective income tax rate	23.10%	22.00%
stock-based compensation expense	$ 1
Unrealized tax benefits	$ 3.8		$ 3.8

Segment and Geographic Inform_3

Segment and Geographic Information - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022SegmentCustomerCountry	Mar. 31, 2021CustomerCountry
Segment Reporting Information [Line Items]
Number of reportable segments | Segment	2
Geographic Concentration Risk | Consolidated Net Revenue
Segment Reporting Information [Line Items]
Number of customer for more than minimum threshold percentage of revenue | Customer	1	1
Geographic Concentration Risk | Consolidated Net Revenue | United States
Segment Reporting Information [Line Items]
Percentage of revenue from sales to customers	43.60%	36.20%
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%
Number of single countries representing more than ten percent threshold | Country	0	0

Segment and Geographic Inform_4

Segment and Geographic Information - Summary of Financial Information for Each Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information [Line Items]
Net revenue	$ 380,691	$ 529,414
Total gross profit	90,756	160,328
Gamer and Creator Peripherals
Segment Reporting Information [Line Items]
Net revenue	134,148	175,912
Total gross profit	43,057	68,866
Gaming Components and Systems
Segment Reporting Information [Line Items]
Net revenue	246,543	353,502
Total gross profit	$ 47,699	$ 91,462

Segment and Geographic Inform_5

Segment and Geographic Information - Summary of Net Revenue By Geographic Region (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information [Line Items]
Net revenue	$ 380,691	$ 529,414
Americas
Segment Reporting Information [Line Items]
Net revenue	192,824	226,388
Europe and Middle East
Segment Reporting Information [Line Items]
Net revenue	122,198	225,494
Asia Pacific
Segment Reporting Information [Line Items]
Net revenue	$ 65,669	$ 77,532

Redeemable Noncontrolling Int_3

Redeemable Noncontrolling Interests - Additional Information (Details) - USD ($) $ in Thousands	Jan. 01, 2022	Mar. 31, 2022
Redeemable Noncontrolling Interest [Line Items]
Fair value of redeemable noncontrolling interest amount		$ 17,522
Nonredeemable noncontrolling interests		11,837
Change in redemption value of redeemable noncontrolling interests		$ (2,261)
IDisplay Technology
Redeemable Noncontrolling Interest [Line Items]
Percentage of equity interest acquired	51.00%	51.00%
Put and call option expiration date	Jan. 1, 2025
Fair value of noncontrolling interest amount	$ 29,606
Fair value of redeemable noncontrolling interest amount	$ 17,500
Percentage of Redeemable Noncontrolling Interests	29.00%
Nonredeemable noncontrolling interests	$ 12,100
Redemption value of redeemable noncontrolling interests		$ 2,300
Change in redemption value of redeemable noncontrolling interests		$ 2,300
IDisplay Technology | IDisplay Seller
Redeemable Noncontrolling Interest [Line Items]
Noncontrolling interest	49.00%
Noncontrolling interests percentage	20.00%
IDisplay Technology | First Anniversary
Redeemable Noncontrolling Interest [Line Items]
Percentage of equity interest acquired	14.00%
IDisplay Technology | Second Anniversary
Redeemable Noncontrolling Interest [Line Items]
Percentage of equity interest acquired	15.00%

Redeemable Noncontrolling Int_4

Redeemable Noncontrolling Interests - Schedule of Changes in Redeemable Noncontrolling Interests (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Income Amounts Attributable To Noncontrolling Interest Disclosures [Abstract]
Redeemable noncontrolling interests in iDisplay estimated at fair value at Closing Date	$ 17,522
Net loss attributable to redeemable noncontrolling interests	(241)
Other comprehensive loss attributable to redeemable noncontrolling interests	(118)
Change in redemption value of redeemable noncontrolling interests	2,261
Balance at end of period	$ 19,424