Turtle Beach Corporation Gross Profit 2011-2025 | HEAR

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:

Raw materials and supplies

Wages of production personnel

Depreciation of equipment

Transportation and warehousing costs (if directly related to production)

Importance for business:

Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales.
Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit.
Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry.
Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.

Reasons for a decline in gross profit:

Increase in raw material and supply costs
Rising production expenses
Price reductions due to competition
Decrease in sales volume
Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Turtle Beach Corporation

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
31.8 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

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
134 M	43.6 K	52.8 M

Quarterly Gross Profit 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
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

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
47.6 M	1.84 K	16 M

Gross Profit of other stocks in the Consumer electronics industry

Issuer	Gross Profit	Price	% 24h	Market Cap	Country
Apple AAPL	195 B	$ 273.81	0.53 %	$ 4.09 T	USA
Mohawk Group Holdings, Inc. MWK	84.7 M	-	-3.50 %	$ 723 M	USA
iRobot Corporation IRBT	196 M	-	-	$ 32.4 M	USA
Koss Corporation KOSS	6.73 M	$ 4.47	-	$ 35.2 M	USA
Emerson Radio Corp. MSN	-462 K	$ 0.39	2.29 %	$ 8.21 M	USA
LG Display Co., Ltd. LPL	2.58 T	$ 4.27	2.64 %	$ 1.75 B	South-korea
GoPro GPRO	324 M	$ 1.57	-0.63 %	$ 241 M	USA
Hamilton Beach Brands Holding Company HBB	170 M	$ 16.33	2.9 %	$ 228 M	USA
Sonos SONO	631 M	$ 17.95	0.34 %	$ 2.17 B	USA
Viomi Technology Co., Ltd VIOT	549 M	$ 2.04	-1.92 %	$ 418 M	China
Universal Electronics UEIC	97.6 M	$ 3.14	3.29 %	$ 40.4 M	USA
Vuzix Corporation VUZI	-4.24 M	$ 3.19	-14.71 %	$ 202 M	USA