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Side-by-side financial comparison of Sila Realty Trust, Inc. (SILA) and Turtle Beach Corp (TBCH). Click either name above to swap in a different company.

Turtle Beach Corp is the larger business by last-quarter revenue ($95.1M vs $50.1M, roughly 1.9× Sila Realty Trust, Inc.). Turtle Beach Corp runs the higher net margin — 18.5% vs 10.0%, a 8.5% gap on every dollar of revenue. On growth, Sila Realty Trust, Inc. posted the faster year-over-year revenue change (7.6% vs -34.9%). Over the past eight quarters, Turtle Beach Corp's revenue compounded faster (30.5% CAGR vs -0.6%).

Sila Realty Trust, Inc. is a U.S.-based real estate investment trust that owns, operates, and acquires high-quality income-generating commercial properties. Its core portfolio covers industrial logistics facilities, office assets and mixed-use properties, serving tenants across logistics, corporate and retail segments to deliver stable long-term returns.

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.

SILA vs TBCH — Head-to-Head

Bigger by revenue
TBCH
TBCH
1.9× larger
TBCH
$95.1M
$50.1M
SILA
Growing faster (revenue YoY)
SILA
SILA
+42.5% gap
SILA
7.6%
-34.9%
TBCH
Higher net margin
TBCH
TBCH
8.5% more per $
TBCH
18.5%
10.0%
SILA
Faster 2-yr revenue CAGR
TBCH
TBCH
Annualised
TBCH
30.5%
-0.6%
SILA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SILA
SILA
TBCH
TBCH
Revenue
$50.1M
$95.1M
Net Profit
$5.0M
$17.6M
Gross Margin
88.9%
50.0%
Operating Margin
22.0%
Net Margin
10.0%
18.5%
Revenue YoY
7.6%
-34.9%
Net Profit YoY
-54.9%
-12.6%
EPS (diluted)
$0.10
$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
SILA
SILA
TBCH
TBCH
Q4 25
$50.1M
$95.1M
Q3 25
$49.8M
$80.5M
Q2 25
$48.7M
$80.5M
Q1 25
$48.3M
$63.9M
Q4 24
$46.5M
$146.1M
Q3 24
$46.1M
$94.4M
Q2 24
$43.6M
$76.5M
Q1 24
$50.6M
$55.8M
Net Profit
SILA
SILA
TBCH
TBCH
Q4 25
$5.0M
$17.6M
Q3 25
$11.6M
$1.7M
Q2 25
$8.6M
$-2.9M
Q1 25
$7.9M
$-664.0K
Q4 24
$11.1M
$20.1M
Q3 24
$11.9M
$3.4M
Q2 24
$4.6M
$-7.5M
Q1 24
$15.0M
$155.0K
Gross Margin
SILA
SILA
TBCH
TBCH
Q4 25
88.9%
50.0%
Q3 25
88.1%
37.4%
Q2 25
87.7%
22.7%
Q1 25
86.9%
36.6%
Q4 24
87.3%
37.0%
Q3 24
87.4%
36.2%
Q2 24
86.6%
30.2%
Q1 24
89.0%
31.8%
Operating Margin
SILA
SILA
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
-10.2%
Net Margin
SILA
SILA
TBCH
TBCH
Q4 25
10.0%
18.5%
Q3 25
23.3%
2.1%
Q2 25
17.6%
-3.6%
Q1 25
16.4%
-1.0%
Q4 24
23.9%
13.8%
Q3 24
25.9%
3.6%
Q2 24
10.6%
-9.8%
Q1 24
29.6%
0.3%
EPS (diluted)
SILA
SILA
TBCH
TBCH
Q4 25
$0.10
$0.86
Q3 25
$0.21
$0.08
Q2 25
$0.15
$-0.14
Q1 25
$0.14
$-0.03
Q4 24
$0.20
$0.96
Q3 24
$0.21
$0.16
Q2 24
$0.08
$-0.35
Q1 24
$0.26
$0.01

Balance Sheet & Financial Strength

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

Metric
SILA
SILA
TBCH
TBCH
Cash + ST InvestmentsLiquidity on hand
$32.3M
$17.0M
Total DebtLower is stronger
$55.7M
Stockholders' EquityBook value
$1.3B
$128.5M
Total Assets
$2.1B
$269.1M
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SILA
SILA
TBCH
TBCH
Q4 25
$32.3M
$17.0M
Q3 25
$27.7M
$12.3M
Q2 25
$24.8M
$11.7M
Q1 25
$30.5M
$11.7M
Q4 24
$39.8M
$13.0M
Q3 24
$28.6M
$13.8M
Q2 24
$87.0M
$12.5M
Q1 24
$90.2M
$17.8M
Total Debt
SILA
SILA
TBCH
TBCH
Q4 25
$55.7M
Q3 25
$57.9M
Q2 25
$43.3M
Q1 25
$48.6M
Q4 24
$49.0M
Q3 24
$49.3M
Q2 24
$49.6M
Q1 24
$49.9M
Stockholders' Equity
SILA
SILA
TBCH
TBCH
Q4 25
$1.3B
$128.5M
Q3 25
$1.3B
$110.7M
Q2 25
$1.4B
$116.8M
Q1 25
$1.4B
$120.9M
Q4 24
$1.4B
$120.6M
Q3 24
$1.4B
$101.8M
Q2 24
$1.5B
$105.3M
Q1 24
$1.5B
$125.2M
Total Assets
SILA
SILA
TBCH
TBCH
Q4 25
$2.1B
$269.1M
Q3 25
$2.1B
$278.2M
Q2 25
$2.0B
$240.2M
Q1 25
$2.0B
$247.0M
Q4 24
$2.0B
$298.9M
Q3 24
$2.0B
$313.2M
Q2 24
$2.1B
$264.4M
Q1 24
$2.1B
$258.4M
Debt / Equity
SILA
SILA
TBCH
TBCH
Q4 25
0.43×
Q3 25
0.52×
Q2 25
0.37×
Q1 25
0.40×
Q4 24
0.41×
Q3 24
0.48×
Q2 24
0.47×
Q1 24
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
SILA
SILA
TBCH
TBCH
Operating Cash FlowLast quarter
$119.1M
$13.3M
Free Cash FlowOCF − Capex
$13.1M
FCF MarginFCF / Revenue
13.8%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
23.76×
0.76×
TTM Free Cash FlowTrailing 4 quarters
$34.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SILA
SILA
TBCH
TBCH
Q4 25
$119.1M
$13.3M
Q3 25
$30.0M
$-15.2M
Q2 25
$31.9M
$-3.1M
Q1 25
$24.1M
$40.5M
Q4 24
$132.8M
$14.3M
Q3 24
$29.1M
$-23.2M
Q2 24
$31.6M
$-12.6M
Q1 24
$36.6M
$27.3M
Free Cash Flow
SILA
SILA
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
SILA
SILA
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
SILA
SILA
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
SILA
SILA
TBCH
TBCH
Q4 25
23.76×
0.76×
Q3 25
2.59×
-8.84×
Q2 25
3.71×
Q1 25
3.06×
Q4 24
11.95×
0.71×
Q3 24
2.43×
-6.79×
Q2 24
6.84×
Q1 24
2.44×
175.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SILA
SILA

Segment breakdown not available.

TBCH
TBCH

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

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