← Turtle Beach Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $174.0m |
$149.1m
-14.28%
|
$287.4m
+92.74%
|
$234.7m
-18.36%
|
$360.1m
+53.45%
|
$366.4m
+1.74%
|
$240.2m
-34.44%
|
$258.1m
+7.48%
|
$372.8m
+44.41%
|
$319.9m
-14.18%
|
$297.8m
-6.92%
|
|
| Cost of Goods and Services Sold | $131.4m |
$98.1m
-25.30%
|
$178.7m
+82.14%
|
$155.9m
-12.75%
|
$226.3m
+45.11%
|
$238.0m
+5.15%
|
$191.0m
-19.75%
|
$182.6m
-4.38%
|
$243.8m
+33.49%
|
$200.6m
-17.70%
|
$187.0m
-6.81%
|
|
| Gross Profit | $42.6m |
$51.0m
+19.70%
|
$108.7m
+113.12%
|
$78.7m
-27.59%
|
$133.8m
+69.97%
|
$128.4m
-4.04%
|
$49.2m
-61.69%
|
$75.5m
+53.50%
|
$129.0m
+70.83%
|
$119.3m
-7.52%
|
$110.8m
-7.10%
|
|
| Interest Income (Expense), Net | — | — | — | — | — | — | — | — | ($8.1m) |
($9.8m)
-21.11%
|
— | |
| Research and Development Expense | $8.3m | $5.6m | $5.6m | $7.9m | $12.3m | $17.5m | $19.1m | $17.1m | $17.3m | $16.9m | $17.8m | |
| Selling and Marketing Expense | $28.6m | $24.4m | $32.4m | $38.6m | $46.8m | $58.9m | $47.1m | $43.5m | $52.4m | $52.5m | $83.0m | |
| General and Administrative Expense | $19.6m | $15.7m | $16.7m | $21.8m | $25.6m | $31.6m | $32.6m | $31.3m | $28.4m | $30.4m | $28.7m | |
| Amortization of Intangible Assets | $4.1m | $348k | $303k | $642k | $889k | $1.3m | $1.2m | $1.0m | $7.0m | $8.1m | — | |
| Operating Lease, Expense | — | — | — | $1.0m | $1.3m | $1.4m | $1.4m | $1.5m | $1.6m | $2.8m | — | |
| Operating Expenses | $120.3m | $46.2m | $54.7m | $68.3m | $84.6m | $108.0m | $100.7m | $91.9m | $109.0m | $91.8m | $100.8m | |
| Operating Income (Loss) | ($77.7m) |
$4.8m
+106.17%
|
$54.0m
+1026.32%
|
$10.4m
-80.71%
|
$49.2m
+371.54%
|
$20.4m
-58.45%
|
($51.5m)
-351.97%
|
($16.4m)
+68.06%
|
$20.0m
+221.81%
|
$27.5m
+37.39%
|
$10.0m
-63.61%
|
|
| Interest Expense | $7.4m | $7.9m | $5.3m | $929k | $467k | $383k | $1.2m | $504k | — | — | $10.8m | |
| Interest Expense, Debt | $5.5m | $5.8m | $4.3m | $900k | $500k | $400k | $1.2m | $600k | $8.3m | $7.9m | $10.8m | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | $1.6m | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($2.4m) | $463k | ($7.8m) | $2.2m | $3.8m | $101k | ($1.8m) | ($394k) | ($1.3m) | ($945k) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($88.1m) | ($3.7m) | $37.5m | $8.0m | $47.0m | $15.1m | ($53.9m) | ($20.1m) | $4.3m | $10.4m | ($1.4m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | $11.7m | $52.5m | $20.1m | ($54.5m) | ($17.3m) | $10.7m | $16.8m | ($1.4m) | |
| Income Tax Expense (Benefit) | ($387k) | $593k | $1.7m | ($6.2m) | $13.7m | $2.4m | $5.1m | $338k | ($5.5m) | $1.1m | $1.8m | |
| Net Income (Loss) Attributable to Parent | ($87.2m) |
($3.2m)
+96.27%
|
$39.2m
+1306.59%
|
$17.9m
-54.21%
|
$38.7m
+115.93%
|
$17.7m
-54.26%
|
($59.5m)
-436.02%
|
($17.7m)
+70.31%
|
$16.2m
+191.54%
|
$15.7m
-2.79%
|
($3.2m)
-120.28%
|
|
| Earnings Per Share, Basic | ($1.79) | ($0.07) | $2.90 | $1.24 | $2.62 | $1.11 | ($3.62) | ($1.03) | $0.81 | $0.78 | ($0.21) | |
| Earnings Per Share, Diluted | ($1.79) | ($0.07) | $2.74 | $1.04 | $2.37 | $0.97 | ($3.62) | ($1.03) | $0.78 | $0.77 | ($0.22) | |
| Weighted Average Number of Shares Outstanding, Basic | 48.6m | 49.3m | 13.5m | 14.5m | 14.8m | 15.9m | 16.4m | 17.1m | 20.0m | 20.3m | 19.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 48.6m | 49.3m | 14.3m | 15.7m | 16.4m | 18.3m | 16.4m | 17.1m | 20.8m | 20.5m | 19.8m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | — | $10.8m | $1.4m | — | |
| Goodwill, Impairment Loss | $31.2m | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Other General Expense | — | — | — | — | — | — | — | — | $10.8m | — | — | |
| Selling Expense | — | — | — | — | — | — | — | — | $23.6m | $24.6m | — |