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NASDAQ · COMMUNICATIONS EQUIPMENT, NEC · MID CAP

Turtle Beach Corp. TBCH

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$319.9M
▼ 14.2% YoY
$15.7M
▼ 2.8% YoY
$34.0M
▲ 3918.8% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Turtle Beach provides gaming accessories, including headsets, controllers, keyboards, mice, flight and racing simulation hardware, and microphones. Its gaming accessories are distributed globally through more than 475 thousand points of distribution, including retailers such as Amazon, Argos, Best Buy, Target, and Walmart. Its four largest individual customers accounted for approximately 66% of its gross sales in 2025. As of December 31, 2025, Turtle Beach had 290 employees, of which 268 were full-time salaried employees, with the remaining being contracted employees. The company is headquartered in San Diego, California. It was incorporated in the state of Nevada in 2010.

Written from the business description in Turtle Beach Corp's annual report to the U.S. Securities and Exchange Commission, filed 12 March 2026. Every sentence was checked against that document before publication.

Growth

USD 319.9M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 319.9 · Net income 15.7
150M300M-40M-80M
201020132016201920222025
Compound annual growth
+10.0%
−2.3%
+7.0%
+51.9%
−16.5%
−20.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −2.3% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

5 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 8.6% · Net 4.9%
-500%-1000%
201020172025
ROE
FY2025 · ROE 12.6%
200%400%600%-1000%-2000%
201020172025
Three returns, three denominators.

Each USD of equity produced 13 cents of profit this year.

Cash & shareholders

USD 17.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 34.0
20M40M-20M-40M
201020172025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 17.0
10.0M20.0M-2.5M-5.0M
20162017201820192021202320242025

USD 17.0M in buybacks — 108% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 269.1M
EquityUSD 128.5M
CashUSD 17.0M
Gross debtUSD 54.9M
Net debtUSD 37.9M
Current ratio1.98×

Net debt stands at 30% of equity.

The 16-year record

16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
TBCH, 16-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.30.40.30.20.40.40.20.30.10.20.20.20.20.20.00.0
Operating income $B0.00.0−0.0−0.10.00.00.00.10.0−0.1−0.1−0.00.00.0−0.0−0.0
EBITDA $B0.00.0−0.0−0.00.00.10.00.10.0−0.1−0.1−0.00.00.0−0.0◌
Income tax $B0.0−0.00.00.00.00.0−0.00.00.0−0.00.0−0.00.00.0◌◌
Net income $B0.00.0−0.0−0.10.00.00.00.0−0.0−0.1−0.1−0.0−0.00.0−0.0−0.0
Free cash flow $B0.00.00.0−0.0−0.00.00.00.0−0.0−0.0−0.0−0.00.00.0−0.00.0
EPS, diluted $0.770.78−1.03−3.620.972.371.042.74−0.26−7.18−1.96−0.39−0.490.13−0.44−0.06
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌0.46◌◌
Payout % — not applicable: no dividend————————————————
ROE %12.615.7−20.3−51.713.743.135.6———−88.3——663.8−394.3−2842.2
Shares out B0.020.020.020.020.020.020.010.010.050.050.040.040.010.010.020.02

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 80 reconciliationsAUDITED

Reconciled in 16 of the 16 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: EPS is not tagged before 2010. Three checks were skipped: revenue is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityCommunications Equipment, NEC
Listed onNASDAQ
Incorporated inNevada
Fiscal year endsDecember 31
Data on record since2010

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