Turtle Beach Corporation

NASDAQ•TBCH

CEO: Mr. Cristopher Keirn

Sector: Technology

Industry: Consumer Electronics

Listing Date: 2010-10-05

Turtle Beach Corporation operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, and other accessories for the personal computer peripherals market under the ROCCAT brand. In addition, it provides game controllers, and gaming flight simulation and racing simulation accessories, as well as USB and analog microphones for gamers, streamers, professionals, and students. The company serves retailers and distributors. Turtle Beach Corporation was founded in 1975 and is headquartered in White Plains, New York.

Contact Information

44 South Broadway, 4th Floor, White Plains, NY, 10601, United States

888-496-8001

corp.turtlebeach.com

Market Cap

$227.75M

P/E (TTM)

14.6

31.5

Dividend Yield

52W High

$17.39

52W Low

$8.78

52W Range

33%

Rank55Top 80.0%

2.6

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 2.6 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$118.78M+0.00%

4-Quarter Trend

EPS

$0.89+0.00%

4-Quarter Trend

FCF

$13.09M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Operating Cash Flow Surges Net cash from operations was $35.5M in 2025, a $29.7M increase compared to $5.8M provided in 2024.

Gross Margin Expansion Noted Gross margin increased to 37.3% in 2025 from 34.6% in 2024, aided by lower acquisition costs.

Acquisition Costs Significantly Lower Acquisition-related costs fell to $1.4M in 2025, down from $10.8M in 2024, reflecting PDP integration completion.

Total Equity Position Total Stockholders’ Equity stood at $128.5M at year-end 2025, up from $120.6M at the end of 2024.

Risk Factors

Net Revenue Decline Net revenue decreased 14.2% to $319.9M in 2025, driven by a decline in overall gaming accessory demand.

Internal Control Material Weakness Material weakness identified in IT general controls (ITGCs) operation as of December 31, 2025; remediation planned for 2026.

Macroeconomic Cost Pressures Exposure to inflationary pressures, supply chain constraints, and geopolitical turmoil could negatively impact margins and demand.

Pending Intellectual Property Litigation Facing multiple patent infringement lawsuits related to acquired PDP products; unfavorable resolution could materially affect operations.

Outlook

Advance Brand and Innovation Strategy focuses on building Turtle Beach brand awareness, delivering innovative high-quality headsets and expanding product lines.

Targeted Geographic Expansion Continue efforts for growth in select markets to deliver products to a wider audience of global gamers in 2025 and beyond.

ITGC Remediation Timeline Remedial actions taken for ITGC material weakness; control frequency changed to quarterly, expected remediation during fiscal 2026.

Controller Simulation Market Growth Intends to increase market share in controllers and simulation accessories following successful integration of PDP assets.

Peer Comparison

Revenue (TTM)

CNDT

$3.04B

-9.4%

GPRO

$651.54M

-18.7%

AVNW

$446.77M

+9.3%

Gross Margin (Latest Quarter)

NVEC

78.6%

-5.7pp

AUDC

65.6%

+0.2pp

REKR

63.4%

+19.4pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
FRGE	$623.01M	-9.6	-29.8%	1.8%
FEIM	$421.23M	58.0	12.5%	8.6%
AVNW	$328.49M	22.4	5.5%	16.4%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

23.0%

Strong Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

50%

Cash Flow Needs Attention

Deep Research

Next earnings:May 6, 2026

EPS:-$0.43

Revenue:$49.03M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data