Turtle Beach Corporation logo
Turtle Beach Corporation HEAR

Annual report 2025
added 03-12-2026

report update icon

Turtle Beach Corporation Income Statement 2011-2026 | HEAR

Annual Income Statement Turtle Beach Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

- - 189 M 188 M 323 M 443 M 119 M 196 M 25.7 M 56.8 M 56.2 M 88.1 M 387 M 28.1 M 10.7 M

Shares

20.3 M 20 M 17.1 M 20.3 M 15.9 M 14.8 M 14.5 M 13.5 M 12.3 M 12.1 M 10.6 M 9.92 M 6.59 M 1.31 M 848 K

Historical Prices

- - 11 9.3 20.3 29.9 8.06 14.9 1.98 4.64 5.32 8.88 64 33.1 18.6

Net Income

15.7 M 16.2 M -17.7 M -23.2 M 17.7 M 38.7 M 17.9 M 39.2 M -3.25 M -87.2 M -82.9 M -15.5 M -7.67 M -4.46 M -1.48 M

Revenue

320 M 373 M 258 M 101 M 366 M 360 M 235 M 287 M 149 M 174 M 163 M 186 M 563 K 234 K 79.2 K

Cost of Revenue

201 M 244 M 183 M 191 M 238 M 226 M 156 M 179 M 98.1 M 131 M 122 M 136 M 128 M 133 M 35.5 K

Gross Profit

119 M 129 M 75.5 M 20 M 128 M 134 M 78.7 M 109 M 51 M 42.6 M 40.7 M 50.7 M 271 K 114 K 43.6 K

Operating Income

27.5 M 20 M -16.4 M -51.5 M 20.4 M 49.2 M 10.4 M 54 M 4.8 M -77.7 M -74.4 M -13.8 M 1.6 M 42.9 M -1.18 M

Interest Expense

-945 K -1.29 M -394 K 1.22 M 383 K 467 K 929 K 5.34 M 7.92 M 7.45 M 5.1 M 7.21 M 6.63 M 4.74 M -2.18 K

EBITDA

31.9 M 24.4 M -12.6 M -46.9 M 24.5 M 53.5 M 15.6 M 58.3 M 9.75 M -4.61 M -16.3 M -6.21 M -7.41 M -4.29 M -1.09 M

Operating Expenses

91.8 M 109 M 91.9 M 101 M 108 M 84.6 M 68.3 M 54.7 M 45.7 M 56.4 M 64.9 M 63.7 M 7.94 M 4.59 M 1.19 M

General and Administrative Expenses

30.4 M 28.4 M 31.3 M 32.6 M 31.6 M 25.6 M 21.8 M 16.7 M 15.7 M 19.6 M 21.5 M 17.2 M 4.6 M 3.25 M 572 K

All numbers in USD currency

Quarterly Income Statement Turtle Beach Corporation

2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

20.1 M 20.7 M 20.5 M 20 M 20.6 M 21.3 M 18.3 M 17.5 M 17.3 M 17.2 M 16.6 M 16.6 M 16.5 M 16.5 M 16.2 M 16.2 M 16.1 M 15.9 M 15.6 M 15.5 M 14.8 M 14.6 M 14.5 M 14.5 M 14.5 M 14.6 M 14.3 M 14.3 M 14 M 13.4 M 12.3 M 12.3 M 12.3 M 12.3 M 12.3 M 49.3 M 49.2 M 49.2 M 46.6 M 42 M 42.3 M 42.2 M 42 M 42 M 42 M 40.8 M 33.7 M 7.04 M 12.7 M 12.7 M 12.7 M 6.41 M 4.87 M 6.33 M 6.41 M 19.6 M 3.25 M 17.3 M 3.23 M

Net Income

1.72 M -2.93 M -664 K - 3.41 M -7.52 M 155 K - -3.61 M -15.9 M -6.7 M - -12 M -17.8 M -6.48 M 4.54 M 2.62 M 1.72 M 8.84 M 16.3 M 17.8 M 8.2 M -3.56 M 20.4 M -3.12 M -2.37 M 3.06 M 24.6 M 14.9 M -2.32 M 1.96 M 14.2 M -492 K -7.06 M -9.93 M 12.2 M -44.8 M -42.6 M -12 M -46.5 M -15.9 M -9.9 M -10.6 M 2.36 M -5.64 M -9.3 M -2.91 M 881 K -1.4 M -3.34 M -2.75 M -1.25 M -3.2 M -1.71 M -1.25 M -531 K -1.19 M -485 K -531 K

Revenue

80.5 M 56.8 M 63.9 M - 94.4 M 76.5 M 55.8 M - 59.2 M 48 M 51.4 M - 51.3 M 41.3 M 46.7 M 109 M 85.3 M 78.6 M 93.1 M 133 M 112 M 79.7 M 35 M 102 M 46.7 M 41.3 M 44.8 M 111 M 74.4 M 60.8 M 40.9 M 79.7 M 36 M 19.1 M 14.4 M 82.2 M 38.4 M 29.4 M 24 M 84.6 M 35.9 M 22.6 M 19.7 M 92.3 M 33.3 M 22.3 M 38.3 M 86.1 M 38.3 M 24.5 M 29.5 M 109 K 159 K 34.4 K 109 K 64.8 K 1.84 K 1.84 K 64.8 K

Cost of Revenue

50.4 M 38.5 M 40.5 M - 60.2 M 53.4 M 38.1 M - 41.5 M 36.1 M 37.3 M - 44 M 33.4 M 32.6 M - 56 M 49.9 M 58.2 M - 66.4 M 50.5 M 24.2 M - 31.7 M 28.2 M 30.1 M - 43.9 M 40.5 M 25.9 M - 23.4 M 12.8 M 12.1 M - 34.5 M 24.2 M 20.7 M - 26.3 M 19.2 M 16.6 M - 25.6 M 17.5 M 26 M 36 K 29.7 M 18.2 M 20.9 M 54.1 K 70.6 K 18.5 K 54.1 K 24.9 K - - 24.9 K

Gross Profit

30.1 M 18.3 M 23.4 M - 34.1 M 23.1 M 17.8 M - 17.7 M 11.9 M 14.1 M - 7.26 M 7.88 M 14 M 35.5 M 29.3 M 28.7 M 34.9 M 47.6 M 46.1 M 29.2 M 10.8 M 35.7 M 15 M 13.2 M 14.8 M 42.9 M 30.5 M 20.3 M 15 M 29.9 M 12.5 M 6.3 M 2.22 M 30.2 M 3.93 M 5.11 M 3.36 M 24.6 M 9.56 M 3.4 M 3.12 M 25.8 M 7.75 M 4.83 M 12.3 M 26.7 M 8.65 M 6.32 M 31.8 K 54.6 K 88.3 K 15.9 K 54.6 K 39.9 K 1.84 K 1.84 K 39.9 K

Operating Income

5.37 M -329 K 1.54 M - 6.42 M -4.11 M -5.71 M - -2.52 M -15.8 M -6.49 M - -13.7 M -21.4 M -8.29 M - 1.49 M 443 K 12.3 M - 24.2 M 9.96 M -5.01 M - -2.52 M -2.31 M 1.8 M - 16.5 M 8.27 M 3.79 M - 1.88 M -4.96 M -8.09 M - -42.7 M -40.5 M -9.77 M - -5.76 M -12.6 M -12.5 M - -7.32 M -9.15 M -4.52 M -2.75 M -3.3 M -5.76 M -338 K -1.25 M -3.2 M -1.71 M -1.25 M -530 K -883 K -327 K -530 K

Interest Expense

322 K -799 K -303 K - -252 K -352 K -370 K - -481 K -198 K -120 K - -2.26 M -1.11 M 109 K - 101 K 73 K 97 K - 103 K 83 K 169 K - 240 K 111 K 244 K - 1.09 M 1.26 M 2 M - 2.04 M 1.84 M 1.84 M - 1.87 M 1.69 M 1.78 M - 1.54 M 834 K 784 K - 866 K 1.06 M 4.24 M 1.51 K 2.02 M 1.25 M 1.31 M - 5 K 6.92 K -1.36 K -1.22 K 1.7 K 982 -1.22 K

EBITDA

6.47 M 771 K 2.65 M - 7.62 M -2.91 M -4.8 M - -2.32 M -15.6 M -5.51 M - -13.4 M -21.1 M -7.1 M - 4.41 M 2.29 M 13 M - 27.5 M 12 M -3.98 M - 958 K -127 K 2.84 M - 19.5 M 10.5 M 4.73 M - 4.88 M -2.75 M -7.32 M - -38.6 M -38 M -8.51 M - -1.22 M -9.48 M -11 M - -2.98 M -6.1 M -2.71 M -2.69 M -250 K -3.86 M 598 K -1.2 M -3.08 M -1.64 M -1.2 M -503 K -847 K -304 K -530 K

Operating Expenses

24.7 M 18.6 M 21.8 M - 27.7 M 27.2 M 23.5 M - 20.2 M 27.7 M 20.6 M - 21 M 29.3 M 22.3 M - 27.8 M 28.3 M 22.6 M - 21.9 M 19.3 M 15.8 M - 17.6 M 15.5 M 13 M - 14 M 12 M 11.2 M - 10.7 M 11.3 M 10.3 M - 46.7 M 45.6 M 13.1 M - 15.3 M 16 M 15.7 M - 15.1 M 14 M 16.8 M 2.78 M 11.9 M 12.1 M 8.96 M 1.31 M 3.29 M 1.73 M 1.31 M 570 K 885 K 329 K 570 K

General and Administrative Expenses

7.54 M 7.35 M 8.22 M - 6.35 M 7.46 M 5.67 M - 5.24 M 13.1 M 7.01 M - 6.01 M 12.5 M 6.24 M - 8.96 M 8.17 M 7.04 M - 6.8 M 6.71 M 5.72 M - 5.21 M 6.19 M 4.65 M - 4.06 M 3.86 M 3.98 M - 3.5 M 4.07 M 4.17 M - 4.59 M 5.29 M 5.28 M - 5.39 M 5.99 M 4.74 M - 4.31 M 4.7 M 3.57 M 1.25 M 1.65 M 1.66 M 2.37 M 917 K 2.39 M 1.33 M 917 K 339 K 424 K 147 K 339 K

All numbers in USD currency

The income statement is one of the three key financial reports of a company Turtle Beach Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Consumer electronics industry

Issuer Price % 24h Market Cap Country
Mohawk Group Holdings, Inc. Mohawk Group Holdings, Inc.
MWK
- -3.50 % $ 723 M usaUSA
iRobot Corporation iRobot Corporation
IRBT
- - $ 32.4 M usaUSA
LG Display Co., Ltd. LG Display Co., Ltd.
LPL
$ 4.12 1.1 % $ 1.75 B south-koreaSouth-korea
Sonos Sonos
SONO
$ 13.27 -1.56 % $ 1.6 B usaUSA
Sony Corporation Sony Corporation
SONY
$ 20.56 -0.1 % $ 25.3 B japanJapan
Universal Electronics Universal Electronics
UEIC
$ 4.37 -2.7 % $ 57.6 M usaUSA
Viomi Technology Co., Ltd Viomi Technology Co., Ltd
VIOT
$ 1.25 -7.72 % $ 256 M chinaChina
Vuzix Corporation Vuzix Corporation
VUZI
$ 2.41 -1.23 % $ 187 M usaUSA
GoPro GoPro
GPRO
$ 0.69 5.69 % $ 106 M usaUSA
Hamilton Beach Brands Holding Company Hamilton Beach Brands Holding Company
HBB
$ 17.31 -3.78 % $ 235 M usaUSA
Koss Corporation Koss Corporation
KOSS
$ 3.99 0.5 % $ 31.4 M usaUSA
Emerson Radio Corp. Emerson Radio Corp.
MSN
$ 0.38 0.29 % $ 8 M usaUSA
Apple Apple
AAPL
$ 252.19 0.21 % $ 3.77 T usaUSA