Turtle Beach Corp

Listed Company

TBCHCIK 0001493761NasdaqAcceleratedCommunications Equipment, NecNevadaFY ends Dec 31

Period

FY 2025

Revenue

$319.91M

Net Income

$15.73M

Total Assets

$269.05M

Equity

$128.50M

Shares Out

19.85M

Op. Cash Flow

$35.46M

TBCH$13.01−0.76% · past yearDBEQ Basic

Daily closing prices

Business

Turtle Beach Corp designs, markets, and distributes gaming accessories including headsets, controllers, keyboards, mice, microphones, and flight and racing simulation hardware for console, PC, mobile, and tablet platforms. The company holds the market-leading position in console gaming headsets and operates across gaming accessories, PC accessories, and simulation products through its Turtle Beach brand and the acquired PDP brand. Products are distributed globally through major retailers including Amazon, Best Buy, Target, and Walmart, spanning entry-level to ultra-premium price tiers.

Summary from 10-K filed 2026-03-12

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net revenue	320	373	258	240	366
Cost of revenue	201	244	183	191	238
Gross profit	119	129	76	49	128
Selling and marketing	52	52	43	47	59
Research and development	17	17	17	19	17
General and administrative	30	28	31	33	32
Insurance recovery	−9	—	—	—	—
Acquisition-related costs	1	11	—	—	—
Total operating expenses	92	109	92	101	108
Operating income (loss)	28	20	−16	−51	20
Interest expense, net	10	8	504,000	1	—
Other expense, net	945,000	1	394,000	2	−101,000
Income (loss) before income tax	17	11	−17	−54	20
Income tax expense (benefit)	1	−6	338,000	5	2
Net income (loss)	16	16	−18	−60	18
Basic (per share)	0.78	0.81	−1.03	−3.62	1.11
Diluted (per share)	0.77	0.78	−1.03	−3.62	0.97
Basic (shares)	20	20	17	20	16
Diluted (shares)	20	21	17	20	18

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	17	13	19	11	38
Accounts receivable, net	77	93	54	43	36
Inventories	69	71	44	71	102
Prepaid expenses and other current assets	11	11	8	9	18
Total Current Assets	174	188	125	135	193
Property and equipment, net	3	6	5	6	7
Goodwill	50	53	11	11	11
Intangible assets, net	34	42	2	3	6
Other assets	7	9	8	9	8
Total Assets	269	299	150	163	231
Revolving credit facility	29	49	—	19	—
Accounts payable	25	35	27	20	40
Term Loan, current	9	1	—	—	—
Other current liabilities	25	38	29	25	38
Total Current Liabilities	88	124	56	64	78
Term Loan, non-current	46	46	—	—	—
Income tax payable	820,000	1	2	2	4
Other liabilities	6	8	7	8	7
Total Liabilities	141	178	65	74	89
Commitments and Contingencies	—	—	—	—	—
Common stock, $0.001 par value - 25,000,000 shares authorized; 19,185,869 and 19,961,696 shares issued and outstanding as of December 31, 2025 and 2024, respectively	19,000	20,000	18,000	17,000	16,000
Additional paid-in capital	229	240	220	207	198
Accumulated deficit	−102	−118	−134	−117	−57
Accumulated other comprehensive income (loss)	2	−1	−849,000	−1	127,000
Total Stockholders Equity	128	121	85	89	141
Total Liabilities and Stockholders Equity	269	299	150	163	231

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	4	4	4	5	4
Fair value step up adjustment to acquired inventory	—	2	—	—	—
Amortization of intangible assets	8	7	1	1	1
Amortization of debt financing costs	1	900,000	100,000	200,000	200,000
Loss on extinguishment of debt	2	—	—	—	—
Stock-based compensation	6	6	12	8	8
Deferred income taxes	115,000	−7	−44,000	6	1
Change in sales returns reserve	−824,000	784,000	632,000	−1	−2
Provision for doubtful accounts	—	—	−3,000	−23,000	468,000
Provision for obsolete inventory	3	6	810,000	5	2
Loss on impairment of assets	—	753,000	—	2	—
Accounts receivable	17	−16	−6	−5	10
Inventories	−983,000	−12	27	22	−32
Prepaid expenses and other assets	−529,000	−227,000	1	6	−6
Accounts payable	−10	−4	2	−23	−3
Income taxes payable	−2	−159,000	−283,000	727,000	−6
Other	−8	979,000	2	−9	7
Net cash provided by operating activities	35	6	27	−42	−327,000
Purchases of property and equipment	−1	−5	−2	−4	−6
Acquisition of a business, net of cash acquired	3	−77	—	—	−3
Net cash provided by (used for) investing activities	1	−82	−2	−4	−8
Borrowings on revolving credit facility	208	347	210	92	121
Repayment of revolving credit facility	−228	−297	−229	−73	−121
Proceeds from term loan	60	50	—	—	—
Repayment of term loan	−53	−1	—	—	—
Proceeds from exercise of stock options and warrants	2	3	2	653,000	5
Repurchase of common stock	−19	−28	−974,000	—	−5
Debt financing costs	−2	−3	−80,000	—	—
Net cash (used for) provided by financing activities	−33	71	−18	20	−56,000
Effect of exchange rate changes on cash and cash equivalents	−3,000	−335,000	291,000	−635,000	−457,000
Net increase (decrease) in cash and cash equivalents	4	−6	7	−26	−9
Cash paid for interest	7	7	500,000	979,000	194,000
Cash paid for income taxes, net of refunds	3	200,000	100,000	−2	7
Property and equipment purchases included in accounts payable and accrued liabilities	171,000	581,000	133,000	390,000	1

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is Turtle Beach Corp's CIK number?

Turtle Beach Corp's SEC CIK number is 0001493761 (1493761). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Turtle Beach Corp's SEC filings?

All of Turtle Beach Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Turtle Beach Corp last report earnings?

Turtle Beach Corp (TBCH) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-211979). This is Turtle Beach Corp's most recent earnings filing of record — not a forecast of its next earnings date.

What is Turtle Beach Corp's most recent earnings 8-K?

Turtle Beach Corp's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-211979. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Turtle Beach Corp's latest earnings 8-K →
Look up any company's CIK number →