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Turtle Beach Corp

Turtle Beach CorpTBCHEarnings & Financial Report

Nasdaq · video game industry

The Turtle Beach Corporation is an American gaming accessory manufacturer based in San Diego, California. The company has roots dating back to the 1970s where it developed sound cards, MIDI synthesizers, and various audio software packages and network audio devices. The company began making gaming headsets in 2005.

TBCH Q3 2025 Key Financial Metrics

Revenue

$80.5M

Gross Profit

$30.1M

Operating Profit

$5.4M

Net Profit

$1.7M

Gross Margin

37.4%

Operating Margin

6.7%

Net Margin

2.1%

YoY Growth

-14.7%

EPS

$0.08

Financial Flow

Turtle Beach Corp Q3 2025 Financial Summary

Turtle Beach Corp reported revenue of $80.5M for Q3 2025, with a net profit of $1.7M (2.1% margin). Cost of goods sold was $50.4M, operating expenses totaled $24.7M.

Key Financial Metrics

Total Revenue$80.5M
Net Profit$1.7M
Gross Margin37.4%
Operating Margin6.7%
Report PeriodQ3 2025

Turtle Beach Corp Annual Revenue by Year

Turtle Beach Corp annual revenue history includes year-by-year totals (for example, 2024 revenue was $372.8M).

YearAnnual Revenue
2024$372.8M
2023$258.1M
2022$240.2M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$99.5M$55.8M$76.5M$94.4M$146.1M$63.9M$56.8M$80.5M
YoY Growth-1.3%8.6%59.4%59.5%46.8%14.4%-25.8%-14.7%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$150.0M$258.4M$264.4M$313.2M$298.9M$247.0M$240.2M$278.2M
Liabilities$64.9M$133.2M$159.1M$211.4M$178.3M$126.2M$123.3M$167.6M
Equity$85.1M$125.2M$105.3M$101.8M$120.6M$120.9M$116.8M$110.7M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$19.1M$27.3M$-12.6M$-23.2M$14.3M$40.5M$-3.1M$-15.2M