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Side-by-side financial comparison of Turtle Beach Corp (TBCH) and TFS Financial CORP (TFSL). Click either name above to swap in a different company.
Turtle Beach Corp is the larger business by last-quarter revenue ($95.1M vs $83.7M, roughly 1.1× TFS Financial CORP). TFS Financial CORP runs the higher net margin — 26.6% vs 18.5%, a 8.1% gap on every dollar of revenue. On growth, TFS Financial CORP posted the faster year-over-year revenue change (11.9% vs -34.9%). TFS Financial CORP produced more free cash flow last quarter ($57.1M vs $13.1M). Over the past eight quarters, Turtle Beach Corp's revenue compounded faster (30.5% CAGR vs 4.2%).
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.
TFS Financial Corporation is a US-based financial holding company primarily operating through its retail banking subsidiary. It offers residential mortgage loans, savings accounts, and other consumer financial products, with its core customer base concentrated in Ohio and Florida, mainly serving individual and family clients.
TBCH vs TFSL — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $95.1M | $83.7M |
| Net Profit | $17.6M | $22.3M |
| Gross Margin | 50.0% | — |
| Operating Margin | 22.0% | 34.0% |
| Net Margin | 18.5% | 26.6% |
| Revenue YoY | -34.9% | 11.9% |
| Net Profit YoY | -12.6% | -0.7% |
| EPS (diluted) | $0.86 | $0.08 |
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.
| Q4 25 | $95.1M | $83.7M | ||
| Q3 25 | $80.5M | $85.5M | ||
| Q2 25 | $80.5M | $82.0M | ||
| Q1 25 | $63.9M | $79.1M | ||
| Q4 24 | $146.1M | $74.8M | ||
| Q3 24 | $94.4M | $75.1M | ||
| Q2 24 | $76.5M | $75.5M | ||
| Q1 24 | $55.8M | $77.1M |
| Q4 25 | $17.6M | $22.3M | ||
| Q3 25 | $1.7M | $26.0M | ||
| Q2 25 | $-2.9M | $21.5M | ||
| Q1 25 | $-664.0K | $21.0M | ||
| Q4 24 | $20.1M | $22.4M | ||
| Q3 24 | $3.4M | $18.2M | ||
| Q2 24 | $-7.5M | $20.0M | ||
| Q1 24 | $155.0K | $20.7M |
| 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% | — |
| Q4 25 | 22.0% | 34.0% | ||
| Q3 25 | 6.7% | 37.9% | ||
| Q2 25 | -0.4% | 33.3% | ||
| Q1 25 | 2.4% | 33.5% | ||
| Q4 24 | 16.0% | 37.9% | ||
| Q3 24 | 6.8% | 30.7% | ||
| Q2 24 | -5.4% | 33.4% | ||
| Q1 24 | -10.2% | 33.6% |
| Q4 25 | 18.5% | 26.6% | ||
| Q3 25 | 2.1% | 30.4% | ||
| Q2 25 | -3.6% | 26.2% | ||
| Q1 25 | -1.0% | 26.6% | ||
| Q4 24 | 13.8% | 30.0% | ||
| Q3 24 | 3.6% | 24.2% | ||
| Q2 24 | -9.8% | 26.4% | ||
| Q1 24 | 0.3% | 26.9% |
| Q4 25 | $0.86 | $0.08 | ||
| Q3 25 | $0.08 | $0.09 | ||
| Q2 25 | $-0.14 | $0.08 | ||
| Q1 25 | $-0.03 | $0.07 | ||
| Q4 24 | $0.96 | $0.08 | ||
| Q3 24 | $0.16 | $0.07 | ||
| Q2 24 | $-0.35 | $0.07 | ||
| Q1 24 | $0.01 | $0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $17.0M | $456.7M |
| Total DebtLower is stronger | $55.7M | — |
| Stockholders' EquityBook value | $128.5M | $1.9B |
| Total Assets | $269.1M | $17.5B |
| Debt / EquityLower = less leverage | 0.43× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.0M | $456.7M | ||
| Q3 25 | $12.3M | $429.4M | ||
| Q2 25 | $11.7M | $452.6M | ||
| Q1 25 | $11.7M | $463.6M | ||
| Q4 24 | $13.0M | $465.9M | ||
| Q3 24 | $13.8M | $463.7M | ||
| Q2 24 | $12.5M | $560.4M | ||
| Q1 24 | $17.8M | $594.3M |
| 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 | — |
| Q4 25 | $128.5M | $1.9B | ||
| Q3 25 | $110.7M | $1.9B | ||
| Q2 25 | $116.8M | $1.9B | ||
| Q1 25 | $120.9M | $1.9B | ||
| Q4 24 | $120.6M | $1.9B | ||
| Q3 24 | $101.8M | $1.9B | ||
| Q2 24 | $105.3M | $1.9B | ||
| Q1 24 | $125.2M | $1.9B |
| Q4 25 | $269.1M | $17.5B | ||
| Q3 25 | $278.2M | $17.5B | ||
| Q2 25 | $240.2M | $17.4B | ||
| Q1 25 | $247.0M | $17.1B | ||
| Q4 24 | $298.9M | $17.1B | ||
| Q3 24 | $313.2M | $17.1B | ||
| Q2 24 | $264.4M | $17.0B | ||
| Q1 24 | $258.4M | $17.0B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $13.3M | $58.7M |
| Free Cash FlowOCF − Capex | $13.1M | $57.1M |
| FCF MarginFCF / Revenue | 13.8% | 68.2% |
| Capex IntensityCapex / Revenue | 0.3% | 2.0% |
| Cash ConversionOCF / Net Profit | 0.76× | 2.64× |
| TTM Free Cash FlowTrailing 4 quarters | $34.0M | $167.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.3M | $58.7M | ||
| Q3 25 | $-15.2M | $82.4M | ||
| Q2 25 | $-3.1M | $26.8M | ||
| Q1 25 | $40.5M | $21.2M | ||
| Q4 24 | $14.3M | $45.5M | ||
| Q3 24 | $-23.2M | $88.6M | ||
| Q2 24 | $-12.6M | $96.7M | ||
| Q1 24 | $27.3M | $14.2M |
| Q4 25 | $13.1M | $57.1M | ||
| Q3 25 | $-15.9M | $71.0M | ||
| Q2 25 | $-3.5M | $25.0M | ||
| Q1 25 | $40.3M | $14.3M | ||
| Q4 24 | $12.8M | $44.9M | ||
| Q3 24 | $-24.6M | $85.5M | ||
| Q2 24 | $-13.9M | $95.9M | ||
| Q1 24 | $26.5M | $13.4M |
| Q4 25 | 13.8% | 68.2% | ||
| Q3 25 | -19.7% | 83.0% | ||
| Q2 25 | -4.3% | 30.5% | ||
| Q1 25 | 63.0% | 18.0% | ||
| Q4 24 | 8.8% | 60.0% | ||
| Q3 24 | -26.1% | 113.8% | ||
| Q2 24 | -18.1% | 127.0% | ||
| Q1 24 | 47.5% | 17.4% |
| Q4 25 | 0.3% | 2.0% | ||
| Q3 25 | 0.8% | 13.4% | ||
| Q2 25 | 0.4% | 2.1% | ||
| Q1 25 | 0.3% | 8.8% | ||
| Q4 24 | 1.0% | 0.9% | ||
| Q3 24 | 1.5% | 4.1% | ||
| Q2 24 | 1.6% | 1.1% | ||
| Q1 24 | 1.3% | 1.1% |
| Q4 25 | 0.76× | 2.64× | ||
| Q3 25 | -8.84× | 3.17× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.01× | ||
| Q4 24 | 0.71× | 2.03× | ||
| Q3 24 | -6.79× | 4.86× | ||
| Q2 24 | — | 4.85× | ||
| Q1 24 | 175.85× | 0.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TBCH
| Europe And Middle East | $71.0M | 75% |
| Asia Pacific | $13.3M | 14% |
| Other | $10.8M | 11% |
TFSL
Segment breakdown not available.
