v3.24.3
Segment and Geographic Information (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Summary of Financial Information for Each Reportable Segment

The following table summarizes the financial information for each reportable segment (in thousands):

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net revenue

 

 

 

 

 

 

 

 

 

 

 

 

Gamer and Creator Peripherals

 

$

101,966

 

 

$

90,356

 

 

$

303,168

 

 

$

258,053

 

Gaming Components and Systems

 

 

202,233

 

 

 

272,837

 

 

 

599,588

 

 

 

784,536

 

Total net revenue

 

$

304,199

 

 

$

363,193

 

 

$

902,756

 

 

$

1,042,589

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Profit

 

 

 

 

 

 

 

 

 

 

 

 

Gamer and Creator Peripherals

 

$

39,032

 

 

$

29,928

 

 

$

118,374

 

 

$

82,085

 

Gaming Components and Systems

 

 

30,629

 

 

 

59,425

 

 

 

101,011

 

 

 

175,504

 

Total gross profit

 

$

69,661

 

 

$

89,353

 

 

$

219,385

 

 

$

257,589

 

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
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net revenue

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

156,110

 

 

$

181,218

 

 

$

477,485

 

 

$

536,143

 

Europe and Middle East

 

 

116,783

 

 

 

132,641

 

 

 

318,872

 

 

 

351,212

 

Asia Pacific

 

 

31,306

 

 

 

49,334

 

 

 

106,399

 

 

 

155,234

 

Total net revenue

 

$

304,199

 

 

$

363,193

 

 

$

902,756

 

 

$

1,042,589

 

 

Summary of Customers That Individually Comprised 10% or more of Our Total Net Revenue

The follow table sets forth the customers that individually comprised 10% or more of our total net revenue for the periods presented:

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer A

 

 

35.0

%

 

 

31.6

%

 

 

31.5

%

 

 

29.2

%

Customer B

 

*

 

 

*

 

 

 

10.1

%

 

*

 

* Customer represents less than 10% of our total net revenue in the period presented.