Turtle Beach Corp. (TBCH)
Nasdaq · Communications Equipment, Nec · Manufacturing · CIK 1493761 · fiscal year ends in Dec
Closing price $16.06 on 30 Oct 2026; 52-week range $10.14 to $16.90.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $297.8M
- Revenue growth
- -17.5%
- Net income, last twelve months
- -$3.2M
- Earnings per share
- -$0.21
- Gross margin
- 37.2%
- Operating margin
- 3.1%
- Net margin
- -1.1%
- Free cash flow
- $32.3M
- Return on equity
- -4.0%
- Market value
- $287.6M
- Cash
- $19.6M
- Debt
- $80.7M
- Debt to equity
- 1.00
- Shares outstanding
- 17.9M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $319.9M | $27.5M | $15.7M | $0.77 | $34.0M | 10-K filed 12 Mar 2026 |
| FY2024 | 31 Dec 2024 | $372.8M | $20.0M | $16.2M | $0.78 | $847.0K | 10-K filed 17 Mar 2025 |
| FY2023 | 31 Dec 2023 | $258.1M | -$16.4M | -$17.7M | -$1.03 | $24.9M | 10-K filed 13 Mar 2024 |
| FY2022 | 31 Dec 2022 | $240.2M | -$51.5M | -$59.5M | -$3.62 | -$45.4M | 10-K filed 29 Mar 2023 |
| FY2021 | 31 Dec 2021 | $366.4M | $20.4M | $17.7M | $0.97 | -$5.9M | 10-K filed 2 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $56.4M | -$7.3M | -$0.38 |
| Q1 FY2026 | 31 Mar 2026 | $42.2M | -$15.2M | -$0.78 |
| Q4 FY2025 | 31 Dec 2025 | $118.8M | $17.6M | $0.87 |
| Q3 FY2025 | 30 Sep 2025 | $80.5M | $1.7M | $0.08 |
| Q2 FY2025 | 30 Jun 2025 | $56.8M | -$2.9M | -$0.14 |
| Q1 FY2025 | 31 Mar 2025 | $63.9M | -$664.0K | -$0.03 |
| Q4 FY2024 | 31 Dec 2024 | $146.1M | $20.1M | $0.95 |
| Q3 FY2024 | 30 Sep 2024 | $94.4M | $3.4M | $0.16 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| United States | $235.7M | 73.7% |
| Europe and Middle East | $71.0M | 22.2% |
| Asia Pacific | $13.3M | 4.1% |
Company events
The newest 8-K filings of 218 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 6 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 3 Aug 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 2 Jun 2026 | 8-K | Shareholder vote | 5.07 |
| 20 May 2026 | 8-K | Leadership change, Investor update | 5.02, 7.01, 9.01 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 4 May 2026 | 8-K | Material agreement, New debt, Investor update | 1.01, 2.03, 7.01, 9.01 |
| 21 Apr 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 12 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 12 Mar 2026 | 8-K | Material agreement | 1.01, 9.01 |
| 6 Mar 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 30 Dec 2025 | 8-K | Material agreement | 1.01, 9.01 |
| 6 Nov 2025 | 8-K | Results | 2.02, 9.01 |
Every filing
The newest filings with the SEC of 474 held.
| Filed | Form | Period |
|---|---|---|
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 3 Aug 2026 | 8-K | 28 Jul 2026 |
| 2 Jun 2026 | 8-K | 2 Jun 2026 |
| 29 May 2026 | SD | – |
| 20 May 2026 | 8-K | 16 May 2026 |
| 7 May 2026 | 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
| 4 May 2026 | 8-K | 30 Apr 2026 |
| 21 Apr 2026 | ARS | 31 Dec 2025 |
| 21 Apr 2026 | DEFA14A | – |
| 21 Apr 2026 | DEF 14A | 2 Jun 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 12 Aug 2026 | Dc Vga Llc, 10% owner | Sale outside a trading plan | 5,671 | $13.00 | $73.7K | 1,775,441 | 12 Aug 2026 |
| 11 Aug 2026 | Dc Vga Llc, 10% owner | Sale outside a trading plan | 140,000 | $12.67 | $1.8M | 1,781,112 | 12 Aug 2026 |
| 10 Aug 2026 | Dc Vga Llc, 10% owner | Sale outside a trading plan | 140,000 | $12.70 | $1.8M | 1,921,112 | 12 Aug 2026 |
| 29 May 2026 | Scherping Katherine Lee, Director | Sale outside a trading plan | 2,000 | $13.25 | $26.5K | 22,254 | 29 May 2026 |
| 27 May 2026 | Scherping Katherine Lee, Director | Sale outside a trading plan | 1,845 | $12.82 | $23.7K | 29,254 | 29 May 2026 |
| 27 May 2026 | Scherping Katherine Lee, Director | Sale outside a trading plan | 5,000 | $13.20 | $66.0K | 24,254 | 29 May 2026 |
| 23 Mar 2026 | Scherping Katherine Lee, Director | Sale outside a trading plan | 19,902 | $11.62 | $231.3K | 14,465 | 24 Mar 2026 |
| 20 Mar 2026 | Scherping Katherine Lee, Director | Sale outside a trading plan | 98 | $11.50 | $1.1K | 34,367 | 24 Mar 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 21 Aug 2026 | ANDREW WOLFE, Director | 2,500 | $31.3K | 21 Aug 2026 |
| 20 Jul 2026 | ANDREW WOLFE, Director | 2,500 | $32.5K | 20 Jul 2026 |
| 16 Jun 2026 | ANDREW WOLFE, Director | 2,500 | $32.7K | 16 Jun 2026 |
| 12 Jun 2026 | KATHERINE SCHERPING, Director | 3,000 | $40.5K | 12 Jun 2026 |
| 9 Jun 2026 | ANDREW WOLFE, Director | 11,076 | $142.3K | 9 Jun 2026 |
| 3 Jun 2026 | ANDREW WOLFE, Director | 5,193 | $67.6K | 3 Jun 2026 |
| 29 May 2026 | KATHERINE SCHERPING, Director | 2,000 | $26.5K | 29 May 2026 |
| 27 May 2026 | KATHERINE SCHERPING, Director | 6,845 | $89.7K | 27 May 2026 |
| 23 Mar 2026 | KATHERINE SCHERPING, Director | 19,902 | $231.2K | 23 Mar 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 28 Oct 2026 | ALBERT RABIL | 13G amended | 9.6% | 1.7M |
| 2 Sep 2026 | 22NW Fund, LP | 13G | 7.29% | 1.3M |
| 27 Aug 2026 | DC VGA LLC | 13D amended | 3.8% | 674.7K |
| 12 Aug 2026 | DC VGA LLC | 13D amended | 9.9% | 1.8M |
| 11 Aug 2026 | Hoak Public Equities, LP | 13D amended | 4.64% | 831.4K |
| 6 Aug 2026 | ALBERT RABIL | 13G amended | 6.22% | 1.2M |
| 28 May 2026 | ALBERT RABIL | 13G amended | 7.23% | 1.4M |
| 12 May 2026 | Morgan Stanley | 13G | 5.9% | 1.2M |
| 27 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 24 Feb 2026 | Hoak Public Equities, LP | 13D | 5.1732% | 999.0K |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 4.3M | -7.84% | 7.64 |
| 30 Sep 2026 | 4.7M | +4.02% | 16.84 |
| 15 Sep 2026 | 4.5M | +3.6% | 14.91 |
| 31 Aug 2026 | 4.4M | -0.49% | 9.95 |
| 14 Aug 2026 | 4.4M | +2.49% | 10.02 |
| 31 Jul 2026 | 4.3M | -0.9% | 19.6 |
| 15 Jul 2026 | 4.3M | +4.28% | 19.67 |
| 30 Jun 2026 | 4.1M | +7.76% | 11.01 |
Funds that hold it
From each fund's latest Form 13F.
125 funds held it at 30 Jun 2026: 56 added and 36 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Windward Management LP | 1,607,989 | $20.0M | 0 |
| Garnet Equity Capital Holdings, Inc. | 1,506,759 | $18.8M | -7,200 |
| BlackRock, Inc. | 1,174,452 | $14.6M | +20,148 |
| Morgan Stanley | 1,173,941 | $14.6M | -7,156 |
| Shay Capital LLC | 794,311 | $9.9M | +153,694 |
| Vanguard Capital Management LLC | 613,346 | $7.6M | -37,181 |
| Dimensional Fund Advisors LP | 527,869 | $6.6M | +89,987 |
| Goldman Sachs Group Inc. | 514,574 | $6.4M | -149,753 |
| Ameriprise Financial Inc. | 492,166 | $6.1M | +492,166 |
| Geode Capital Management, LLC | 394,517 | $4.9M | +21,402 |
Peers
Companies in the same industry.
- Lumentum Holdings Inc. (LITE): revenue $3.0B, market value $74.5B
- Esco Technologies Inc. (ESE): revenue $1.3B, market value $6.2B
- Napco Security Technologies, Inc. (NSSC): revenue $202.3M, market value $1.4B
- Inseego Corp. (INSG): revenue $172.6M, market value $75.1M
- AmpliTech Group, Inc. (AMPG): revenue $24.0M, market value $67.6M