Corsair expects losses of up to $11 million this quarter as the economy falters

Corsair's set to lose a lot of money this quarter

Corsair expects losses of up to $11 million this quarter as the economy falters

Corsair expects the second half of this year to see stronger demand for their products

2022 has not been a good year for Corsair. Like many companies, macroeconomic pressures have had a major impact on Corsair's bottom line, with the company expecting $10 million to $11 million in losses this quarter. 

With pressures on the economy intensifying, Corsair's sales have not been as large as expected. Consumer spending is down, and people tend to invest less into gaming products when the economy is bad. Rising inflation and the war in Ukraine are all having an impact, and many consumers are currently holding off on non-essential purchases. That is not good news for Corsair. 

Poor sales in H1 2022 have caused Corsair inventory to build up at both retailers and in Corsair's warehouses, leading to retailers delaying orders while excess stock is cleared. Thankfully, Corsair expects better sales in the second half of 2022, and the company has been seeing rising sales in recent weeks due to the increased availability of graphics cards. People are starting to upgrade their gaming PCs again, and that is a positive thing for Corsair.

Corsair expects losses of up to $11 million this quarter as the economy falters

Corsair expects H2 2022 to be better

Corsair currently expects strong sales in the second half of this year due to several factors. For starters, new CPUs and GPUs from Intel, AMD, and Nvidia are expected to prompt many consumers to upgrade their systems. As a manufacturer of SSDs, DRAM, power supplies, Cooling products and more, Corsair expects new product launched to increase their sales in Q2 and Q3.

With both Intel's Raptor Lake and AMD's Zen 4 processors supporting DDR5 memory, Corsair expects strong DDR5 sales over the next few quarters. Beyond that, Corsair expects strong sales for their cases, power supplies, cooling products and accessories and PC builders construct new systems.

While Corsair expects losses in Q2 2022, the company expects to see overall sales growth in 2022, implying that the company expects strong sales for the next few quarters. 

You can join the discussion on Corsair's expected losses on the OC3D Forums.

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Most Recent Comments

25-07-2022, 23:21:34

Dicehunter
Company that makes overpriced plastic that has mediocre quality with most of their products looking like Fisherprice designed them is losing money ? So sad, Such a shame... anyway.


https://i.imgur.com/dhe8Qwj.gifQuote

26-07-2022, 01:14:44

Digikid
Quote:
Originally Posted by Dicehunter View Post
Company that makes overpriced plastic that has mediocre quality with most of their products looking like Fisherprice designed them is losing money ? So sad, Such a shame... anyway.


https://i.imgur.com/dhe8Qwj.gif



Then you should take better care of your equipment.


I have not had a SINGLE Corsair product fail on me....EVER. They make GOOD stuff.Quote

26-07-2022, 01:25:55

Dicehunter
Quote:
Originally Posted by Digikid View Post
Then you should take better care of your equipment.


I have not had a SINGLE Corsair product fail on me....EVER. They make GOOD stuff.

Where did I say they fail ?Quote

26-07-2022, 03:13:59

Dawelio
Quote:
Originally Posted by Dicehunter View Post
Company that makes overpriced plastic that has mediocre quality with most of their products looking like Fisherprice designed them is losing money ? So sad, Such a shame... anyway.
Quote:
Originally Posted by Digikid View Post
Then you should take better care of your equipment.

I have not had a SINGLE Corsair product fail on me....EVER. They make GOOD stuff.
What Dicey said, I agree. Corsair's product usually have a very low quality feel to them, especially for their asking price.

Corsair is one of the biggest companies in the industry, yet they don't seem to innovate a lot these days. Their ML fans was highly regarded when they launched years ago, now Lian Li has literally taken that crown and are still innovating on their cable management etc. What does Corsair do? Still have a spiders web as their cable solution lol.Quote

26-07-2022, 03:41:07

Dicehunter
Quote:
Originally Posted by Dawelio View Post
What Dicey said, I agree. Corsair's product usually have a very low quality feel to them, especially for their asking price.

Corsair is one of the biggest companies in the industry, yet they don't seem to innovate a lot these days. Their ML fans was highly regarded when they launched years ago, now Lian Li has literally taken that crown and are still innovating on their cable management etc. What does Corsair do? Still have a spiders web as their cable solution lol.
Indeed, Corsairs coolers, Cases and PSU's are good but they need to do something with their fans, Copy LianLi if they have to but there are way too many cables and the fan designs i.e LL and QL look like they were designed by Fisherprice.

And then there's their peripherals, They just feel so cheap, Headsets, Mice, Keyboards, Accessories etc... it's like they choose the lowest grade materials possible.

Sad thing is Corsair never used to be like this.Quote
Reply
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