TBCH · XBRL financial data

Turtle Beach financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (TBCH's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	360,093	366,354	240,166	258,122	372,766	319,914
Cost of revenue	226,305	237,971	190,979	182,618	243,784	200,631
Gross profit	133,788	128,383	49,187	75,504	128,982	119,283
Research and development	12,265	17,490	19,123	17,137	17,304	16,886
General and administrative	25,577	31,579	32,558	31,321	28,388	30,374
Total operating expenses	84,621	107,952	100,667	91,947	108,953	91,765
Operating income (loss)	49,167	20,431	(51,480)	(16,443)	20,029	27,518
Interest expense	467	383	1,220	504	8,300	7,900
Other income (expense)	3,757	101	(1,753)	(394)	(1,289)	(945)
Income tax expense (benefit)	13,711	2,428	5,093	338	(5,511)	1,071
Net income (loss)	38,746	17,721	(59,546)	(17,679)	16,183	15,731
Earnings per share, basic USD per share	2.62	1.11	(3.62)	(1.03)	0.81	0.78
Earnings per share, diluted USD per share	2.37	0.97	(3.62)	(1.03)	0.78	0.77
Weighted average shares, basic thousands of shares	14,801	15,915	16,450	17,135	20,022	20,263
Weighted average shares, diluted thousands of shares	16,365	18,251	16,450	17,135	20,832	20,456

Fiscal years (TBCH's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	46,681	37,720	11,396	18,726	12,995	16,963
Accounts receivable	43,867	35,953	43,336	54,390	93,118	76,797
Inventory	71,301	101,933	71,252	44,019	71,251	69,222
Prepaid and other current assets	8,127	17,506	9,196	7,720	11,007	10,831
Total current assets	169,976	193,112	135,180	124,855	188,371	173,813
Property and equipment, net	6,575	6,955	6,362	4,824	5,844	2,995
Right-of-use asset	5,765	7,412	7,998	7,006	8,148	5,842
Goodwill	8,178	10,686	10,686	10,686	52,942	50,428
Total assets	203,453	230,505	163,387	149,967	298,861	269,054
Accounts payable	42,529	40,475	19,846	26,908	34,839	24,934
Current portion of long-term debt	—	—	—	—	1,250	8,571
Total current liabilities	78,651	78,168	64,332	56,332	123,672	87,677
Long-term debt	—	—	—	—	45,620	46,339
Lease liability, non-current	5,128	6,994	7,533	6,481	7,097	5,236
Total liabilities	87,054	89,136	74,446	64,890	178,257	140,556
Accumulated deficit	(74,773)	(57,052)	(116,598)	(134,277)	(118,094)	(102,363)
Total stockholders' equity	116,399	141,369	88,941	85,077	120,604	128,498
Total liabilities and equity	203,453	230,505	163,387	149,967	298,861	269,054
Common shares outstanding (cover page) thousands of shares	15,477	16,169	16,583	17,605	19,971	19,600

Fiscal years (TBCH's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	38,746	17,721	(59,546)	(17,679)	16,183	15,731
Depreciation and amortization	4,359	4,052	4,578	3,830	4,407	4,373
Net cash from operating activities	51,049	(327)	(41,846)	27,044	5,761	35,458
Purchases of property and equipment	5,663	5,621	3,549	2,159	4,914	1,419
Net cash from investing activities	(5,663)	(8,121)	(3,549)	(2,159)	(82,208)	1,096
Share repurchases	—	4,882	—	974	27,778	18,965
Net cash from financing activities	(7,412)	(56)	19,706	(17,846)	71,051	(32,583)
Net change in cash	38,432	(8,961)	(26,324)	7,330	(5,731)	3,968

SIC 3669 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3669 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Turtle Beach	19,565	56,365	6,492*	17.9M	—	Q2 FY26 10-QJun 30, 2026
Aviat Networks	72,844	not reported	3,086*	12.8M	—	Q4 FY26 10-KJul 3, 2026
Unusual Machines	229,599	16,722	(21,479)*	50.0M	10.7 quarters	Q2 FY26 10-QJun 30, 2026
Vuzix	17,298	1,113	(6,597)*	84.4M	2.6 quarters	Q2 FY26 10-QJun 30, 2026
Satellogic	112,809	15,919	(8,630)*	not reported	13.1 quarters	Q2 FY26 10-QJun 30, 2026
Comtech Telecommunications	34,978	(74,184)*	18,356*	30.1M	—	Q4 FY26 10-KJul 31, 2026
Clearfield	20,449	43,864	not reported	13.6M	—	Q3 FY26 10-QJun 30, 2026
BK Technologies	29,917	not reported	627*	3.8M	—	Q2 FY26 10-QJun 30, 2026
Ondas	657,906	83,772	(86,081)*	570.6M	16.1 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.