Financial Performance - Corsair's Q1 2025 net revenue reached $369.8 million, a 9.6% increase year-over-year compared to $337.3 million in Q1 2024[40] - The company's gross profit for Q1 2025 was $102.4 million, representing an 18.1% increase from $86.6 million in Q1 2024[40] - Adjusted EBITDA for Q1 2025 was $22.6 million, a 25.6% increase compared to $18.0 million in Q1 2024[40] - Adjusted earnings per share (diluted) increased by 22.2% to $0.11 in Q1 2025, compared to $0.09 in Q1 2024[40] Segment Results - Gaming Components and Systems segment net revenue was $257.8 million in Q1 2025, an 11.9% increase year-over-year from $230.3 million in Q1 2024[41] - Gamer and Creator Peripherals segment net revenue reached $112.0 million in Q1 2025, a 4.7% increase compared to $107.0 million in Q1 2024[41] - Gross profit margin for the Gamer and Creator Peripherals segment was 41.5% in Q1 2025[41] Market Trends and Partnerships - US NPD data indicates a 20% year-over-year growth in the component and memory categories for March 2025[23] - Corsair has established partnerships with Call of Duty: Warzone, Porsche, and Bentley to enhance brand visibility and market reach[17, 18] FANATEC Integration - The Sim Racing category global TAM is estimated at over $1 billion and is expanding at a double-digit annual growth rate[24]