Turtle Beach Corporation (TBCH) Revenue History
Annual and quarterly revenue from 2020 to present
TBCH Revenue Over Time (2020–2025)
TBCH Revenue Growth History
3 of 5 years with positive growth- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- +1.7%
- FY2022 revenue growth
- -34.4%
- FY2023 revenue growth
- +7.5%
- FY2024 revenue growth
- +44.4%
- FY2025 revenue growth
- -14.2%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $42.2M | -34.0% |
| Q4 2025 | $118.8M | -18.7% |
| Q3 2025 | $80.5M | -14.7% |
| Q2 2025 | $56.8M | -25.8% |
| Q1 2025 | $63.9M | +14.4% |
| Q4 2024 | $146.1M | +46.8% |
| Q3 2024 | $94.4M | +59.5% |
| Q2 2024 | $76.5M | +59.4% |
Multi-year avg. share of annual revenue by fiscal quarter
TBCH Revenue Analysis (2020–2025)
Current Revenue & Growth
As of June 22, 2026, Turtle Beach Corporation (TBCH) generated trailing twelve-month (TTM) revenue of $298.2 million, reflecting significant decline in growth of -34.0% year-over-year. The most recent quarter (Q1 2026) recorded $42.2 million in revenue, down 64.5% sequentially.
Historical Growth Trajectory
TBCH's 5-year compound annual growth rate (CAGR) stands at -2.3%, indicating revenue contraction over this period. The 3-year CAGR of +10.0% exceeds the 5-year average, indicating an acceleration in the most recent period. Turtle Beach Corporation's highest annual revenue of $372.8 million was recorded in 2024.
Peer Comparison
Compared to Technology sector peers — including KOSS (+3.3% YoY), LOGI (+6.3% YoY), and SONO (-0.2% YoY) — TBCH has underperformed the peer group in revenue growth. Compare TBCH vs KOSS →
TBCH Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TBCHCurrent | $298M | -34.0% | -2.3% | 6.1% | |
 KOSS | $13M | +3.3% | -7.2% | -13.8% | |
 LOGI | $4.8B | +6.3% | -1.6% | 16.0% | |
 SONO | $1.4B | -0.2% | +1.7% | -3.5% | |
 MSFT | $281.7B | +17.9% | +14.5% | 45.6% | |
 GPRO | $652M | -21.0% | -6.1% | -9.2% |
TBCH Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $319.9M | -14.2% | $119.3M | 37.3% | $19.5M | 6.1% |
| 2024 | $372.8M | +44.4% | $129.0M | 34.6% | $20.0M | 5.4% |
| 2023 | $258.1M | +7.5% | $75.5M | 29.3% | $-16,443,000 | -6.4% |
| 2022 | $240.2M | -34.4% | $49.2M | 20.5% | $-51,480,000 | -21.4% |
| 2021 | $366.4M | +1.7% | $128.4M | 35.0% | $20.4M | 5.6% |
| 2020 | $360.1M | - | $133.8M | 37.2% | $49.2M | 13.7% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
TBCH — Frequently Asked Questions
Quick answers to the most common questions about buying TBCH stock.
Is TBCH's revenue growth accelerating or slowing?
TBCH revenue is declining -34.0% year-over-year. TTM revenue fell to $298M, contrasting with the 5-year CAGR of -2.3%. The reversal reflects either macro headwinds or company-specific challenges.
What is TBCH's revenue history from 2020 to 2026?
Turtle Beach Corporation (TBCH) revenue history spans 2020 to 2026. TTM revenue as of 2026 is $298M, growing at -34.0% YoY. The 5-year CAGR is -2.3%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is TBCH's long-term revenue growth rate (CAGR)?
Turtle Beach Corporation's 5-year revenue CAGR of -2.3% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -34.0% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for TBCH.
Why does TBCH's quarterly revenue fluctuate?
TBCH quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Turtle Beach Corporation's revenue data from 2020 to 2026 shows full historical quarterly detail on this page.
How is TBCH's revenue distributed by segment?
TBCH reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does TBCH's revenue compare to industry peers?
Turtle Beach Corporation (TBCH) with TTM revenue of $298M and -34.0% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.