Turtle Beach Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	347.21	372.77	258.12	240.17	366.35	360.09	Upgrade
Revenue Growth (YoY)	6.43%	44.41%	7.48%	-34.44%	1.74%	53.45%	Upgrade
Cost of Revenue	218.14	238.3	182.62	190.98	237.97	226.31	Upgrade
Gross Profit	129.07	134.46	75.5	49.19	128.38	133.79	Upgrade
Selling, General & Admin	85.85	80.82	74.81	79.65	90.38	71.81	Upgrade
Research & Development	17.13	17.3	17.14	19.12	17.49	12.27	Upgrade
Operating Expenses	102.97	98.12	91.95	98.77	107.87	84.07	Upgrade
Operating Income	26.1	36.34	-16.44	-49.58	20.51	49.72	Upgrade
Interest Expense	-10.76	-8.07	-0.5	-1.22	-0.38	-0.47	Upgrade
Other Non Operating Income (Expenses)	-1.1	-1.29	-0.39	-1.75	-1.83	0.93	Upgrade
EBT Excluding Unusual Items	14.25	26.99	-17.34	-52.56	18.3	50.18	Upgrade
Merger & Restructuring Charges	-2.1	-12.92	-	-	-0.08	-0.55	Upgrade
Asset Writedown	-	-	-	-1.9	-	-	Upgrade
Other Unusual Items	-3.4	-3.4	-	-	1.93	2.82	Upgrade
Pretax Income	18.15	10.67	-17.34	-54.45	20.15	52.46	Upgrade
Income Tax Expense	-0.11	-5.51	0.34	5.09	2.43	13.71	Upgrade
Net Income	18.26	16.18	-17.68	-59.55	17.72	38.75	Upgrade
Net Income to Common	18.26	16.18	-17.68	-59.55	17.72	38.75	Upgrade
Net Income Growth	297.32%	-	-	-	-54.26%	115.93%	Upgrade
Shares Outstanding (Basic)	20	20	17	16	16	15	Upgrade
Shares Outstanding (Diluted)	21	21	17	16	18	16	Upgrade
Shares Change (YoY)	8.78%	21.58%	4.16%	-9.87%	11.53%	4.32%	Upgrade
EPS (Basic)	0.90	0.81	-1.03	-3.62	1.11	2.62	Upgrade
EPS (Diluted)	0.87	0.78	-1.03	-3.62	0.97	2.37	Upgrade
EPS Growth	270.92%	-	-	-	-59.07%	127.50%	Upgrade
Free Cash Flow	33.74	0.85	24.89	-45.4	-5.95	45.39	Upgrade
Free Cash Flow Per Share	1.60	0.04	1.45	-2.76	-0.33	2.77	Upgrade
Gross Margin	37.17%	36.07%	29.25%	20.48%	35.04%	37.15%	Upgrade
Operating Margin	7.52%	9.75%	-6.37%	-20.65%	5.60%	13.81%	Upgrade
Profit Margin	5.26%	4.34%	-6.85%	-24.79%	4.84%	10.76%	Upgrade
Free Cash Flow Margin	9.72%	0.23%	9.64%	-18.90%	-1.62%	12.60%	Upgrade
EBITDA	38.7	47.73	-11.6	-43.77	25.82	54.97	Upgrade
EBITDA Margin	11.14%	12.80%	-4.50%	-18.22%	7.05%	15.26%	Upgrade
D&A For EBITDA	12.6	11.39	4.84	5.82	5.31	5.25	Upgrade
EBIT	26.1	36.34	-16.44	-49.58	20.51	49.72	Upgrade
EBIT Margin	7.52%	9.75%	-6.37%	-20.65%	5.60%	13.81%	Upgrade
Effective Tax Rate	-	-	-	-	12.05%	26.14%	Upgrade
Advertising Expenses	-	3.8	3.9	4.9	9.7	8.5	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q