15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $320M | $16M | 37.3% | 8.6% | $34M | $56M | $17M |
| 2024 | $373M | $16M | 34.6% | 5.4% | $847000 | $50M | $13M |
| 2023 | $258M | -$18M | 29.3% | -6.4% | $25M | — | $19M |
| 2022 | $240M | -$60M | 20.5% | -21.4% | -$45M | — | $11M |
| 2021 | $366M | $18M | 35.0% | 5.6% | -$6M | — | $38M |
| 2020 | $360M | $39M | 37.2% | 13.7% | $45M | — | $47M |
| 2019 | $235M | $18M | 33.5% | 4.4% | $37M | — | $8M |
| 2018 | $287M | $39M | 37.8% | 18.8% | $37M | $37M | $7M |
| 2017 | $149M | -$3M | 34.2% | 3.2% | -$993000 | $70M | $5M |
| 2016 | — | -$87M | — | — | -$5M | $67M | $5M |
| 2015 | — | -$83M | — | — | -$22M | $65M | $7M |
| 2014 | — | -$15M | — | — | -$18M | $45M | $8M |
| 2013 | — | -$6M | — | — | $12M | $65M | $7M |
| 2013 | — | -$8M | — | — | -$5M | — | $6M |
| 2012 | — | $26M | — | — | $1M | — | $5M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $42M | -$15M | 26.8% | -33.3% | $29M | $54M | $12M |
| Dec '25 | $119M | $18M | 40.1% | 17.6% | $13M | $56M | $17M |
| Sep '25 | $80M | $2M | 37.4% | 6.7% | -$16M | $58M | $12M |
| Jun '25 | $80M | -$3M | 22.7% | -0.4% | -$3M | $45M | $12M |
| Mar '25 | $64M | -$664000 | 36.6% | 2.4% | $40M | $50M | $12M |
| Dec '24 | $146M | $20M | 37.0% | 16.0% | $13M | $50M | $13M |
| Sep '24 | $94M | $3M | 36.2% | 6.8% | -$25M | $49M | $14M |
| Jun '24 | $76M | -$8M | 30.2% | -5.4% | -$14M | $50M | $12M |
| Mar '24 | $56M | $155000 | 31.8% | -10.2% | $27M | $50M | $18M |
| Dec '23 | $100M | $9M | 32.0% | 8.4% | $19M | — | $19M |
| Sep '23 | $59M | -$4M | 29.9% | -4.3% | -$17M | — | $12M |
| Jun '23 | $48M | -$16M | 24.7% | -32.9% | -$5M | — | $16M |
| Mar '23 | $51M | -$7M | 27.5% | -12.6% | $28M | — | $21M |
| Dec '22 | $101M | -$23M | 19.8% | -8.0% | $26M | — | $11M |
| Sep '22 | $51M | -$12M | 14.1% | -26.7% | -$29M | — | $11M |
| Jun '22 | $41M | -$18M | 19.1% | -51.8% | -$28M | — | $11M |
| Mar '22 | $47M | -$6M | 30.1% | -17.8% | -$14M | — | $24M |
| Dec '21 | $109M | $5M | 32.5% | 5.7% | $9M | — | $38M |
| Sep '21 | $85M | $3M | 34.3% | 1.7% | -$24M | — | $28M |
| Jun '21 | $79M | $2M | 36.5% | 0.6% | -$10M | — | $56M |
How the market has priced TBCH against its own fundamentals since 2025-01 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Turtle Beach Corp's revenue has declined 2.3% per year, and net income declined 16.5% per year. These are computed facts, not advice.
As of FY2025, Turtle Beach Corp reported $56M of total debt against $17M of cash.
In FY2025, gross margin was 37.3%, operating margin 8.6%, and net margin 4.9%.
As of Jun '26, Turtle Beach Corp traded at a price-to-earnings ratio of about 15.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.