Corsair Gaming, Inc.

Ladies and gentlemen, good afternoon and welcome to the Corsair Gaming's third quarter 2025 earnings conference call. As a reminder, today's call is being recorded and your participation implies consent to such recording. At this time, all participants are in listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press pound zero on your telephone keypad. With that, I would now like to turn the call over to David Pasquale with Corsair Investor Relations. Thank you. Sir, please begin.

Thank you, Operator. Good afternoon, everyone, and thank you for joining us for Corsair's Financial Results Conference call for the third quarter, and it's September 30, 2025. On the call today, we have Corsair CEO, T. Law, and CFO, Michael Potter. T will review highlights from the quarter. Michael will then review the financials and our outlook. We will then have time for any questions. Before we begin, allow me to provide a disclaimer regarding forward-looking statements. This call, including the Q&A portion, may include forward-looking statements related to the expected future results for our company and are therefore forward-looking statements. Our actual results may differ materially from our projections due to a number of risks and uncertainties. The risks and uncertainties that forward-looking statements are subject to are described in our earnings release and other SEC filings. Note that until our 10Q has been filed, these numbers are preliminary. Today's remarks will also include references to non-GAAP financial measures. Additional information, including reconciliation between non-GAAP financial information to the GAAP financial information, is provided in the press release we issued after the market closed today. With that, I'll now turn the call over to Corsair's CEO, Ti La. Please go ahead, Ti.

Thank you, David, and thank you all for joining us today. Q3 was another strong quarter for Corsair. We delivered double-digit year-over-year revenue growth and even stronger profit expansion, demonstrating disciplined execution and operational focus. These results reinforce that we are delivering on our promise, bringing more innovative products to market with a faster cadence and benefiting from strong consumer acceptance. We are seeing excellent traction across our latest product launches, such as the Vanguard 96 gaming keyboard, Sabre Pro FPS ultra-lightweight mouse, and Valor Pro Premium customizable controller. All of these were praised by the gaming community as offering great value with the right features for competitive and enthusiast players. The feedback and early sales performance confirmed that our recent product roadmap is solid and will position us well into 2026. In our components and system segment, revenue grew over 15% year-over-year, fueled by demand for high-performance PC builds and upgrades around the NVIDIA 5000 series GPUs. Customers continue to invest in high-wattage PSUs, 360mm water cooling, and high-capacity DDR5 memory. The launch of our award-winning Air 5400 chassis further strengthens our position as a leader in DIY solutions, giving builders a major step up in both cooling performance and aesthetics. Our DDR5 memory lineup also broke multiple overclocking world records this quarter, a testament to our strength in performance DRAM engineering. We're also pleased with our El Gato brand, which continues to drive the broader creator ecosystem through the success of its marketplace flywheel. Growing adoption of Stream Deck, supported by an active creator community, and increasing integration with leading applications and content creation platforms is creating meaningful long-term momentum. As our network of industry partners expands, we are unlocking new use cases and software opportunities that strengthen the ecosystem and reinforce Elgato's position as the go-to platform for creators. We have also made great progress on M&A integration, where we are expanding both our product roadmap and global reach. Fanatec's partnerships with leading motorsport brands, including BMW, Porsche, Red Bull, and Sparkle, highlight our position as a trusted innovator in sim racing. Together, we are delivering authentic, high-performance experiences that bridge real-world racing and simulation. Fanatec's strong presence at the Sim Racing Expo in Dortmund, Germany, underscored the accelerating demand we see in Europe and the U.S., We received very positive community response and strong engagement for our latest Podium DD direct drive wheelbase and Podium Pedals Precision Pedal Set. We developed these in collaboration with professional drivers to design in the most realistic experience possible for sim drivers. We see sim sports as a multi-year growth driver and have more exciting products in development heading into 2026 and beyond. With a strong racing brand and global expansion opportunities, we feel good about our position in the market. Looking ahead, we remain focused on executing every key element of our business strategy and building smarter products faster for our community of gamers, creators, and professionals. We continue to manage operating expenses with discipline to improve our bottom line, while still supporting the strategic investments that drive future growth. Lastly, our AI roadmap opens exciting opportunities for Corsair to participate at multiple levels, from computing, content creation, usability, to performance tuning, all of which position us for long-term growth. With that, I will turn it over to Michael to walk through the financials.