Cherry SE: Business Overview, Financials & Competitive Analysis
Cherry SE scores 4/10 on the AskCyborg Cyborg Score (Mixed). Iconic brand with declining revenues and significant losses—strategic turnaround needed despite strong heritage in mechanical peripherals. In 2024, Cherry SE's revenue was €110.45 million, a decrease of -12.66% compared to the previous year's €126.46 million, with losses of -€45.45 million. The company faces profitability challenges despite its strong brand heritage.
What is Cherry SE's industry? Cherry SE (cherry.de) operates in Computer Hardware - Peripheral Equipment & Input Devices. AskCyborg classifies Cherry SE under Computer Hardware - Peripheral Equipment & Input Devices in its company registry.
Cherry SE manufactures and sells computer input devices including keyboards, mice, headsets, microphones, and switches. The company serves office and home office, gaming, healthcare, security, POS, and IoT sectors. As...
Cyborg Score thesis
Iconic brand with declining revenues and significant losses—strategic turnaround needed despite strong heritage in mechanical...
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Pro stress-test →Cherry SE manufactures and sells computer input devices including keyboards, mice, headsets, microphones, and switches. The company serves office and home office, gaming, healthcare, security, POS, and IoT sectors. As the oldest keyboard manufacturer still in business since 1973, Cherry holds iconic status in mechanical keyboard switches and peripherals.
Strategic Profile
Pro stress-test →Cherry operates through Components, Gaming & Office Peripherals, and Digital Health & Solutions segments. The company generates majority of its revenue from Gaming & Office Peripherals segment which includes computer peripherals for professional use in gaming and e-sports as well as (hybrid) office solutions. The company leverages its heritage of mechanical switch technology across consumer, industrial, and healthcare applications.
Competitive Landscape
Pro stress-test →Cherry faces intense competition from gaming peripheral manufacturers including Corsair, Razer, and Cooler Master who use or imitate Cherry's iconic MX switches. The company maintains differentiation through heritage in mechanical switches but struggles with commodity pricing pressure in gaming peripherals and declining demand in office segments.
Industry Context
Cherry SE operates in Computer Hardware - Peripheral Equipment & Input Devices.
Key facts
Founded: 1953 · Headquarters: Munich, Germany · Employees: 364 · Revenue: €110.45M (2024) · Market cap: €13.5M