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Side-by-side financial comparison of Corsair Gaming, Inc. (CRSR) and Rackspace Technology, Inc. (RXT). Click either name above to swap in a different company.

Rackspace Technology, Inc. is the larger business by last-quarter revenue ($682.8M vs $436.9M, roughly 1.6× Corsair Gaming, Inc.). Corsair Gaming, Inc. runs the higher net margin — 5.9% vs -4.8%, a 10.7% gap on every dollar of revenue. On growth, Corsair Gaming, Inc. posted the faster year-over-year revenue change (5.6% vs -0.4%). Rackspace Technology, Inc. produced more free cash flow last quarter ($56.0M vs $32.9M). Over the past eight quarters, Corsair Gaming, Inc.'s revenue compounded faster (13.8% CAGR vs -0.6%).

Corsair Gaming, Inc. is an American computer peripherals and gaming brand headquartered in Milpitas, California. Previously known as Corsair Components and Corsair Memory, it was incorporated in California in January 1994 originally as Corsair Microsystems and reincorporated in Delaware in 2007. The company designs and sells a range of computer products, including high-speed DRAM modules, power supplies (PSUs), USB flash drives, CPU/GPU and case cooling, gaming peripherals, computer cases, so...

Rackspace Technology, Inc. is an American cloud computing company based in San Antonio, Texas. It also has offices in Reston, Virginia, as well as in Australia, Canada, United Kingdom, India, Dubai, Switzerland, the Netherlands, Germany, Singapore, Mexico, Toronto and Hong Kong. Its data centers are located in Amsterdam (Netherlands), Virginia (USA), Chicago (USA), Dallas (USA), London (UK), Frankfurt (Germany), Hong Kong (China), Kansas City (USA), New York City (USA), San Jose (USA), Shangh...

CRSR vs RXT — Head-to-Head

Bigger by revenue
RXT
RXT
1.6× larger
RXT
$682.8M
$436.9M
CRSR
Growing faster (revenue YoY)
CRSR
CRSR
+6.0% gap
CRSR
5.6%
-0.4%
RXT
Higher net margin
CRSR
CRSR
10.7% more per $
CRSR
5.9%
-4.8%
RXT
More free cash flow
RXT
RXT
$23.1M more FCF
RXT
$56.0M
$32.9M
CRSR
Faster 2-yr revenue CAGR
CRSR
CRSR
Annualised
CRSR
13.8%
-0.6%
RXT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRSR
CRSR
RXT
RXT
Revenue
$436.9M
$682.8M
Net Profit
$25.8M
$-32.7M
Gross Margin
33.1%
17.6%
Operating Margin
6.2%
-0.5%
Net Margin
5.9%
-4.8%
Revenue YoY
5.6%
-0.4%
Net Profit YoY
1028.2%
41.6%
EPS (diluted)
$0.23
$-0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRSR
CRSR
RXT
RXT
Q4 25
$436.9M
$682.8M
Q3 25
$345.8M
$671.2M
Q2 25
$320.1M
$666.3M
Q1 25
$369.8M
$665.4M
Q4 24
$413.6M
$685.6M
Q3 24
$304.2M
$675.8M
Q2 24
$261.3M
$684.9M
Q1 24
$337.3M
$690.8M
Net Profit
CRSR
CRSR
RXT
RXT
Q4 25
$25.8M
$-32.7M
Q3 25
$-10.6M
$-67.1M
Q2 25
$-20.9M
$-54.5M
Q1 25
$-10.5M
$-71.5M
Q4 24
$2.3M
$-56.0M
Q3 24
$-51.7M
$-186.6M
Q2 24
$-24.2M
$25.0M
Q1 24
$-11.6M
$-640.6M
Gross Margin
CRSR
CRSR
RXT
RXT
Q4 25
33.1%
17.6%
Q3 25
26.9%
19.4%
Q2 25
26.8%
19.4%
Q1 25
27.7%
19.1%
Q4 24
26.2%
19.2%
Q3 24
22.9%
20.3%
Q2 24
24.1%
19.2%
Q1 24
25.7%
19.2%
Operating Margin
CRSR
CRSR
RXT
RXT
Q4 25
6.2%
-0.5%
Q3 25
-1.6%
-5.1%
Q2 25
-5.3%
-3.8%
Q1 25
-0.6%
-5.8%
Q4 24
1.4%
-4.2%
Q3 24
-6.9%
-25.7%
Q2 24
-9.5%
-7.9%
Q1 24
-3.0%
-94.5%
Net Margin
CRSR
CRSR
RXT
RXT
Q4 25
5.9%
-4.8%
Q3 25
-3.1%
-10.0%
Q2 25
-6.5%
-8.2%
Q1 25
-2.8%
-10.7%
Q4 24
0.6%
-8.2%
Q3 24
-17.0%
-27.6%
Q2 24
-9.3%
3.7%
Q1 24
-3.4%
-92.7%
EPS (diluted)
CRSR
CRSR
RXT
RXT
Q4 25
$0.23
$-0.13
Q3 25
$-0.09
$-0.28
Q2 25
$-0.16
$-0.23
Q1 25
$-0.10
$-0.31
Q4 24
$0.01
$-0.20
Q3 24
$-0.56
$-0.82
Q2 24
$-0.28
$0.11
Q1 24
$-0.12
$-2.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRSR
CRSR
RXT
RXT
Cash + ST InvestmentsLiquidity on hand
$105.8M
Total DebtLower is stronger
$121.3M
$2.7B
Stockholders' EquityBook value
$633.6M
$-1.2B
Total Assets
$1.3B
$2.8B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRSR
CRSR
RXT
RXT
Q4 25
$105.8M
Q3 25
$99.5M
Q2 25
$103.9M
Q1 25
$128.0M
Q4 24
$144.0M
Q3 24
$157.1M
Q2 24
$190.2M
Q1 24
$282.6M
Total Debt
CRSR
CRSR
RXT
RXT
Q4 25
$121.3M
$2.7B
Q3 25
$122.9M
$2.8B
Q2 25
$124.4M
$2.8B
Q1 25
$148.7M
$2.8B
Q4 24
$173.5M
$2.8B
Q3 24
$177.2M
$2.8B
Q2 24
$180.3M
$2.9B
Q1 24
$183.3M
$3.0B
Stockholders' Equity
CRSR
CRSR
RXT
RXT
Q4 25
$633.6M
$-1.2B
Q3 25
$600.2M
$-1.2B
Q2 25
$603.9M
$-1.1B
Q1 25
$608.8M
$-1.1B
Q4 24
$604.3M
$-1.0B
Q3 24
$598.5M
$-949.7M
Q2 24
$642.7M
$-756.2M
Q1 24
$663.5M
$-787.2M
Total Assets
CRSR
CRSR
RXT
RXT
Q4 25
$1.3B
$2.8B
Q3 25
$1.2B
$2.8B
Q2 25
$1.2B
$2.9B
Q1 25
$1.2B
$3.0B
Q4 24
$1.2B
$3.1B
Q3 24
$1.2B
$3.1B
Q2 24
$1.2B
$3.4B
Q1 24
$1.3B
$3.5B
Debt / Equity
CRSR
CRSR
RXT
RXT
Q4 25
0.19×
Q3 25
0.20×
Q2 25
0.21×
Q1 25
0.24×
Q4 24
0.29×
Q3 24
0.30×
Q2 24
0.28×
Q1 24
0.28×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRSR
CRSR
RXT
RXT
Operating Cash FlowLast quarter
$38.2M
$59.7M
Free Cash FlowOCF − Capex
$32.9M
$56.0M
FCF MarginFCF / Revenue
7.5%
8.2%
Capex IntensityCapex / Revenue
1.2%
0.5%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$34.7M
$90.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRSR
CRSR
RXT
RXT
Q4 25
$38.2M
$59.7M
Q3 25
$-37.0M
$70.7M
Q2 25
$30.2M
$8.4M
Q1 25
$18.8M
$12.6M
Q4 24
$55.6M
$54.3M
Q3 24
$25.1M
$51.8M
Q2 24
$-18.5M
$24.1M
Q1 24
$-26.3M
$-90.3M
Free Cash Flow
CRSR
CRSR
RXT
RXT
Q4 25
$32.9M
$56.0M
Q3 25
$-41.3M
$42.7M
Q2 25
$27.5M
$-12.4M
Q1 25
$15.7M
$4.3M
Q4 24
$54.1M
$34.4M
Q3 24
$21.8M
$27.3M
Q2 24
$-21.0M
$-14.5M
Q1 24
$-28.8M
$-118.4M
FCF Margin
CRSR
CRSR
RXT
RXT
Q4 25
7.5%
8.2%
Q3 25
-12.0%
6.4%
Q2 25
8.6%
-1.9%
Q1 25
4.2%
0.6%
Q4 24
13.1%
5.0%
Q3 24
7.2%
4.0%
Q2 24
-8.0%
-2.1%
Q1 24
-8.6%
-17.1%
Capex Intensity
CRSR
CRSR
RXT
RXT
Q4 25
1.2%
0.5%
Q3 25
1.3%
4.2%
Q2 25
0.8%
3.1%
Q1 25
0.8%
1.2%
Q4 24
0.4%
2.9%
Q3 24
1.1%
3.6%
Q2 24
1.0%
5.6%
Q1 24
0.7%
4.1%
Cash Conversion
CRSR
CRSR
RXT
RXT
Q4 25
1.48×
Q3 25
Q2 25
Q1 25
Q4 24
24.30×
Q3 24
Q2 24
0.96×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRSR
CRSR

Gamer And Creator Peripherals$164.9M38%
Memory Products$156.1M36%
Inventory Costs$85.6M20%
Other Segment Items$16.9M4%
Other$13.3M3%

RXT
RXT

Public Cloud Services Segment$442.2M65%
Private Cloud Service Segment$240.6M35%

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