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Side-by-side financial comparison of ARBOR REALTY TRUST INC (ABR) and Turtle Beach Corp (TBCH). Click either name above to swap in a different company.

ARBOR REALTY TRUST INC is the larger business by last-quarter revenue ($133.4M vs $95.1M, roughly 1.4× Turtle Beach Corp). On growth, ARBOR REALTY TRUST INC posted the faster year-over-year revenue change (-12.1% vs -34.9%). Over the past eight quarters, Turtle Beach Corp's revenue compounded faster (30.5% CAGR vs -8.9%).

Arbor Realty Trust Inc. is a U.S.-headquartered specialized real estate investment trust (REIT). It primarily provides structured financing solutions for multifamily residential and commercial real estate projects, including bridge loans, agency lending, and mezzanine financing. Its core market covers the U.S. real estate sector, serving property owners, developers and real estate investors nationwide.

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.

ABR vs TBCH — Head-to-Head

Bigger by revenue
ABR
ABR
1.4× larger
ABR
$133.4M
$95.1M
TBCH
Growing faster (revenue YoY)
ABR
ABR
+22.8% gap
ABR
-12.1%
-34.9%
TBCH
Faster 2-yr revenue CAGR
TBCH
TBCH
Annualised
TBCH
30.5%
-8.9%
ABR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABR
ABR
TBCH
TBCH
Revenue
$133.4M
$95.1M
Net Profit
$17.6M
Gross Margin
50.0%
Operating Margin
22.0%
Net Margin
18.5%
Revenue YoY
-12.1%
-34.9%
Net Profit YoY
-12.6%
EPS (diluted)
$0.08
$0.86

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABR
ABR
TBCH
TBCH
Q4 25
$133.4M
$95.1M
Q3 25
$112.4M
$80.5M
Q2 25
$130.4M
$80.5M
Q1 25
$134.2M
$63.9M
Q4 24
$151.7M
$146.1M
Q3 24
$156.7M
$94.4M
Q2 24
$153.1M
$76.5M
Q1 24
$160.7M
$55.8M
Net Profit
ABR
ABR
TBCH
TBCH
Q4 25
$17.6M
Q3 25
$52.0M
$1.7M
Q2 25
$36.3M
$-2.9M
Q1 25
$43.4M
$-664.0K
Q4 24
$20.1M
Q3 24
$73.5M
$3.4M
Q2 24
$61.8M
$-7.5M
Q1 24
$73.2M
$155.0K
Gross Margin
ABR
ABR
TBCH
TBCH
Q4 25
50.0%
Q3 25
37.4%
Q2 25
22.7%
Q1 25
36.6%
Q4 24
37.0%
Q3 24
36.2%
Q2 24
30.2%
Q1 24
31.8%
Operating Margin
ABR
ABR
TBCH
TBCH
Q4 25
22.0%
Q3 25
6.7%
Q2 25
-0.4%
Q1 25
2.4%
Q4 24
16.0%
Q3 24
6.8%
Q2 24
-5.4%
Q1 24
46.9%
-10.2%
Net Margin
ABR
ABR
TBCH
TBCH
Q4 25
18.5%
Q3 25
46.3%
2.1%
Q2 25
27.8%
-3.6%
Q1 25
32.3%
-1.0%
Q4 24
13.8%
Q3 24
46.9%
3.6%
Q2 24
40.4%
-9.8%
Q1 24
45.6%
0.3%
EPS (diluted)
ABR
ABR
TBCH
TBCH
Q4 25
$0.08
$0.86
Q3 25
$0.20
$0.08
Q2 25
$0.12
$-0.14
Q1 25
$0.16
$-0.03
Q4 24
$0.31
$0.96
Q3 24
$0.31
$0.16
Q2 24
$0.25
$-0.35
Q1 24
$0.31
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABR
ABR
TBCH
TBCH
Cash + ST InvestmentsLiquidity on hand
$482.9M
$17.0M
Total DebtLower is stronger
$11.1B
$55.7M
Stockholders' EquityBook value
$3.0B
$128.5M
Total Assets
$14.5B
$269.1M
Debt / EquityLower = less leverage
3.75×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABR
ABR
TBCH
TBCH
Q4 25
$482.9M
$17.0M
Q3 25
$423.4M
$12.3M
Q2 25
$255.7M
$11.7M
Q1 25
$308.8M
$11.7M
Q4 24
$503.8M
$13.0M
Q3 24
$687.5M
$13.8M
Q2 24
$737.5M
$12.5M
Q1 24
$908.0M
$17.8M
Total Debt
ABR
ABR
TBCH
TBCH
Q4 25
$11.1B
$55.7M
Q3 25
$10.4B
$57.9M
Q2 25
$10.1B
$43.3M
Q1 25
$9.9B
$48.6M
Q4 24
$10.0B
$49.0M
Q3 24
$10.3B
$49.3M
Q2 24
$10.6B
$49.6M
Q1 24
$11.4B
$49.9M
Stockholders' Equity
ABR
ABR
TBCH
TBCH
Q4 25
$3.0B
$128.5M
Q3 25
$3.0B
$110.7M
Q2 25
$3.0B
$116.8M
Q1 25
$3.0B
$120.9M
Q4 24
$3.0B
$120.6M
Q3 24
$3.0B
$101.8M
Q2 24
$3.1B
$105.3M
Q1 24
$3.1B
$125.2M
Total Assets
ABR
ABR
TBCH
TBCH
Q4 25
$14.5B
$269.1M
Q3 25
$13.9B
$278.2M
Q2 25
$13.6B
$240.2M
Q1 25
$13.4B
$247.0M
Q4 24
$13.5B
$298.9M
Q3 24
$13.9B
$313.2M
Q2 24
$14.2B
$264.4M
Q1 24
$15.1B
$258.4M
Debt / Equity
ABR
ABR
TBCH
TBCH
Q4 25
3.75×
0.43×
Q3 25
3.47×
0.52×
Q2 25
3.40×
0.37×
Q1 25
3.29×
0.40×
Q4 24
3.29×
0.41×
Q3 24
3.40×
0.48×
Q2 24
3.47×
0.47×
Q1 24
3.68×
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABR
ABR
TBCH
TBCH
Operating Cash FlowLast quarter
$372.4M
$13.3M
Free Cash FlowOCF − Capex
$13.1M
FCF MarginFCF / Revenue
13.8%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
0.76×
TTM Free Cash FlowTrailing 4 quarters
$34.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABR
ABR
TBCH
TBCH
Q4 25
$372.4M
$13.3M
Q3 25
$178.7M
$-15.2M
Q2 25
$60.0M
$-3.1M
Q1 25
$150.5M
$40.5M
Q4 24
$461.5M
$14.3M
Q3 24
$85.0M
$-23.2M
Q2 24
$69.9M
$-12.6M
Q1 24
$260.0M
$27.3M
Free Cash Flow
ABR
ABR
TBCH
TBCH
Q4 25
$13.1M
Q3 25
$-15.9M
Q2 25
$-3.5M
Q1 25
$40.3M
Q4 24
$12.8M
Q3 24
$-24.6M
Q2 24
$-13.9M
Q1 24
$26.5M
FCF Margin
ABR
ABR
TBCH
TBCH
Q4 25
13.8%
Q3 25
-19.7%
Q2 25
-4.3%
Q1 25
63.0%
Q4 24
8.8%
Q3 24
-26.1%
Q2 24
-18.1%
Q1 24
47.5%
Capex Intensity
ABR
ABR
TBCH
TBCH
Q4 25
0.3%
Q3 25
0.8%
Q2 25
0.4%
Q1 25
0.3%
Q4 24
1.0%
Q3 24
1.5%
Q2 24
1.6%
Q1 24
1.3%
Cash Conversion
ABR
ABR
TBCH
TBCH
Q4 25
0.76×
Q3 25
3.44×
-8.84×
Q2 25
1.65×
Q1 25
3.47×
Q4 24
0.71×
Q3 24
1.16×
-6.79×
Q2 24
1.13×
Q1 24
3.55×
175.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABR
ABR

Segment breakdown not available.

TBCH
TBCH

Europe And Middle East$71.0M75%
Asia Pacific$13.3M14%
Other$10.8M11%

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