Company research / TBCH

Turtle Beach Corp (TBCH)

CIK 0001493761 · Nasdaq · Communications Equipment, NEC

  • Sector Manufacturing
  • Incorporated NV
  • Fiscal year ends around Dec 31

For the year ended 2025-12-31, Turtle Beach Corp reported revenue of $319.91M. Revenue fell 14.2% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $297.77M.

Key ratios (year ended 2025-12-31)

37.3%
Gross margin
8.6%
Operating margin
4.9%
Net margin
12.2%
Return on year-end equity
-14.2%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-08-12

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Stock splits: 1-for-4, first reflected in a filing dated 2018-08-06. Figures are as filed: per-share figures and share counts last reported before a split are on the old share basis, so changes and growth rates across a split are not shown. Splits are read from the filings' own restatements, so a share conversion in a merger or reorganization shows up the same way.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$297.77M$319.91M$372.77M$258.12M$240.17M$366.35M$360.09M$234.66M$287.44M$149.13M$173.98M
Cost of Revenue$186.96M$200.63M$243.78M$182.62M$190.98M$237.97M$226.31M$155.95M$178.74M$98.13M$131.37M
Gross Profit$110.81M$119.28M$128.98M$75.50M$49.19M$128.38M$133.79M$78.71M$108.70M$51.00M$42.61M
R&D Expense$17.81M$16.89M$17.30M$17.14M$19.12M$17.49M$12.27M$7.86M$5.61M$5.59M$8.26M
Operating Income$9.20M$27.52M$20.03M-$16.44M-$51.48M$20.43M$49.17M$10.43M$54.04M$4.80M-$77.70M
Depreciation & Amortization$3.85M$4.37M$4.41M$3.83M$4.58M$4.05M$4.36M$4.56M$3.95M$4.07M$5.07M
EBITDA$13.05M$31.89M$24.44M-$12.61M-$46.90M$24.48M$53.53M$14.98M$57.99M$8.87M-$72.64M
Net Income-$3.19M$15.73M$16.18M-$17.68M-$59.55M$17.72M$38.75M$17.94M$39.19M-$3.25M-$87.18M
EPS (Diluted)n/a$0.77$0.78-$1.03-$3.62$0.97$2.37$1.04$2.74-$0.26-$7.18
Total Assets$215.17M$269.05M$298.86M$149.97M$163.39M$230.50M$203.45M$131.35M$121.92M$94.25M$94.80M
Total Liabilities$134.45M$140.56M$178.26M$64.89M$74.45M$89.14M$87.05M$67.96M$84.42M$116.41M$115.50M
Long-Term Debtn/a$55.71M$48.96Mn/an/an/an/an/a$37.38M$70.27M$66.88M
Shareholders' Equity$80.72M$128.50M$120.60M$85.08M$88.94M$141.37M$116.40M$63.39M$37.50M-$22.16M-$20.70M
Cash & Equivalents$19.57M$16.96M$12.99M$18.73M$11.40M$37.72M$46.68M$8.25M$7.08M$5.25M$6.18M
Operating Cash Flow$34.02M$35.46M$5.76M$27.04M-$41.85M-$327.0K$51.05M$39.37M$42.25M$3.42M-$1.83M
Capital Expenditures$1.77M$1.42M$4.91M$2.16M$3.55M$5.62M$5.66M$1.91M$5.08M$4.41M$3.23M
Free Cash Flow$32.25M$34.04M$847.0K$24.89M-$45.40M-$5.95M$45.39M$37.46M$37.17M-$993.0K-$5.06M
Share Repurchases$39.40M$18.96M$27.78M$974.0Kn/a$4.88Mn/a$2.52M$246.0K$0$0
Shares Outstanding17.91M19.19M19.96M17.53M16.57M16.17M15.48M14.49M14.27M12.35M49.25M
Weighted Average Diluted Sharesn/a20.46M20.83M17.14M20.46M18.25M16.36M15.69M14.29M12.34M12.15M
EPS (Basic)n/a$0.78$0.81-$1.03-$3.62$1.11$2.62$1.24$2.90-$0.26-$7.18

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