Turtle Beach Corporation (TBCH) — Financial statements
Income statement, balance sheet, and cash flow for Turtle Beach Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 320↓14.2% | 373↑44.4% | 258↑7.5% | 240↓34.4% | 366 | |
| Cost of Revenue | 201↓17.7% | 244↑33.5% | 183↓4.4% | 191↓19.7% | 238 | |
| Gross Profit | 119↓7.5% | 129↑70.8% | 76↑53.5% | 49↓61.7% | 128 | |
| Operating Expenses | ||||||
| R&D Expenses | 17↓2.4% | 17↑1.0% | 17↓10.4% | 19↑9.3% | 17 | |
| General & Administrative Expenses | 0.00↓100.0% | 28↓9.4% | 31↓3.8% | 33↑3.1% | 32 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 52↑20.6% | 43↓7.6% | 47↓20.0% | 59 | |
| SG&A Expenses | 83↑2.5% | 81↑8.0% | 75↓6.1% | 80↓12.0% | 90 | |
| Other Expenses | 0.00↓100.0% | 11 | 0.00↓100.0% | 2 | 0.00 | |
| Operating Expenses | 100↓8.5% | 109↑18.5% | 92↓8.7% | 101↓6.7% | 108 | |
| Total Costs & Expenses | 300↓14.8% | 353↑28.5% | 275↓5.9% | 292↓15.7% | 346 | |
| Operating Results | ||||||
| Operating Income | 20↓2.5% | 20↑221.8% | -16↑68.1% | -51↓352.0% | 20 | |
| Depreciation & Amortization | 12↑9.1% | 11↑135.4% | 5↓16.8% | 6↑9.5% | 5 | |
| EBITDA | 32↑6.1% | 30↑351.1% | -12↑74.7% | -47↓283.5% | 26 | |
| EBIT | 20↑4.3% | 19↑211.3% | -17↑68.4% | -53↓359.3% | 21 | |
| Interest & Other Income | ||||||
| Net Interest Income | -10↓21.1% | -8↓1500.8% | -0.50↑58.7% | -1↓218.5% | -0.38 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 10↑21.1% | 8↑1500.8% | 0.50↓58.7% | 1↑218.5% | 0.38 | |
| Non-Operating Income | 0.00↓100.0% | 1↑227.2% | 0.39↓77.5% | 2↑1835.6% | -0.10 | |
| Other Income / Expenses | -3↑70.8% | -9↓942.0% | -0.90↑69.8% | -3↓954.3% | -0.28 | |
| Income Before Tax | 17↑57.4% | 11↑161.5% | -17↑68.2% | -54↓370.3% | 20 | |
| Income Tax Expense | 1↑119.4% | -6↓1730.5% | 0.34↓93.4% | 5↑109.8% | 2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 16↓2.8% | 16↑191.5% | -18↑70.3% | -60↓436.0% | 18 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 16↓2.8% | 16↑191.5% | -18↑70.3% | -60↓436.0% | 18 | |
| Bottom-Line Net Income | 16↓2.8% | 16↑191.5% | -18↑70.3% | -60↓436.0% | 18 | |
| EPS (Basic) | 0.78↓3.7% | 0.81↑178.6% | -1.03↑71.5% | -3.62↓426.1% | 1.11 | |
| EPS (Diluted) | 0.77↓1.3% | 0.78↑175.7% | -1.03↑71.5% | -3.62↓473.2% | 0.97 | |
| Weighted Average Shares | 20↑1.2% | 20↑16.8% | 17↑4.2% | 16↑3.4% | 16 | |
| Weighted Average Diluted Shares | 20↓1.8% | 21↑21.6% | 17↑4.2% | 16↓9.9% | 18 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.