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Turtle Beach Corp (TBCH) Annual Reports

Q: Where can I read Turtle Beach Corp (TBCH) annual reports?

Every year on this page links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser. 3 filings are currently indexed.

Q: What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer; a 20-F is filed by foreign private issuers (Taiwanese companies with US ADRs, such as TSMC, file 20-F). A 40-F applies to Canadian issuers under the MJDS.

Turtle Beach Corp is listed on Nasdaq, classified by the SEC under Communications Equipment, NEC (SIC 3669). This page indexes 3 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

Exchange： Nasdaq
Fiscal year end： 12/31
SEC CIK： 1493761 →

Website：Official site ↗

Financial Highlights

FY2026 Q2 (quarterly, ended 2026-06-30)
	Current	Prior year	YoY
Revenue	$56.4M	$56.8M	-0.7%
Operating income	$-3.1M	$-329,000	-827.4%
Net income	$-7.3M	$-2.9M	-149.4%
EPS (diluted)	$-0.38	$-0.14	-171.4%

Company guidance
	Period	Range
Adjusted EBITDA	—	$44M – $48M
Revenue	—	$335M – $355M

Figures are the company’s own outlook as stated in its earnings release, not analyst estimates.

Source: SEC EDGAR (XBRL company facts); guidance from Form 8-K Exhibit 99.1

Financial history

Revenue & profit

Quarterly · In mn (USD)

Revenue 56.4 mn Net income -7.31 mn

Show table：Income statement

Item	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2012Q4	2013Q2	2013Q3	2013Q4	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Revenue	0.17	0.09	—	—	0	0.08	0.06	0.06	0.03	0.07	0.11	0.16	0.21	38.3	0.07	38.3	22.3	33.3	92.3	19.7	22.6	35.9	84.6	24.0	29.4	38.4	82.2	14.3	19.1	36.0	79.7	40.9	60.8	74.4	111	44.9	41.3	46.7	102	35.0	79.7	112	133	93.0	78.6	85.3	109	46.7	41.3	51.3	101	51.4	48.0	59.2	99.5	55.9	76.5	94.4	146	63.9	56.8	80.5	119	42.2	56.4
Gross profit	0.02	0.02	—	—	0	0.04	0.04	0.03	0.02	0.03	0.05	0.08	0.1	8.65	0.03	12.3	4.83	7.75	25.8	3.12	3.40	9.56	24.6	3.36	5.11	3.93	30.2	2.22	6.30	12.5	29.9	15.0	20.3	30.5	42.9	14.8	13.2	15.0	35.7	10.8	29.2	46.1	47.6	34.9	28.7	29.3	35.5	14.0	7.88	7.26	20.0	14.1	11.9	17.7	31.8	17.8	23.1	34.1	54.0	23.4	18.3	30.1	47.6	11.3	21.9
Operating income	-0.07	-0.69	-0.26	-0.3	-0.33	-0.29	-0.53	-0.96	-1.71	-1.27	-1.25	-1.96	-1.89	-3.30	-2.75	-4.52	-9.15	-7.32	7.17	-12.6	-12.6	-5.76	-43.5	-9.77	-40.5	-42.7	15.3	-8.09	-4.96	1.88	16.0	3.79	8.27	16.5	25.5	1.80	-2.31	-2.52	13.4	-5.01	9.96	24.2	20.0	12.3	0.44	1.49	6.22	-8.29	-21.4	-13.7	-8.12	-6.49	-15.8	-2.52	8.36	-5.71	-4.11	6.42	23.4	1.54	-0.33	5.37	20.9	-14.1	-3.05
Net income	-0.07	-0.7	-0.33	-0.38	-0.48	-0.3	-0.53	-0.96	-1.71	-1.26	-1.25	-1.96	-1.89	-1.40	-2.75	-2.91	-9.30	-5.64	2.36	-10.6	-9.90	-15.9	-46.5	-12.0	-42.6	-44.8	12.2	-9.93	-7.06	-0.49	14.2	1.96	6.30	14.7	24.6	3.06	-2.37	-3.12	20.4	-3.55	8.20	17.8	16.3	8.84	1.72	2.62	4.54	-6.48	-17.8	-12.0	-23.2	-6.70	-15.9	-3.61	8.55	0.16	-7.52	3.41	20.1	-0.66	-2.93	1.72	17.6	-15.2	-7.31

Balance sheet

Quarterly · In mn (USD)

Total assets 215 mn Total liabilities 134 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2012Q4	2013Q2	2013Q3	2013Q4	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Current assets	—	0.46	—	—	0.64	0.83	0.76	7.75	7.00	6.07	5.14	4.47	4.06	2.59	5.68	92.8	78.7	98.8	118	67.7	73.6	93.8	94.9	50.0	53.1	83.5	86.6	34.4	36.9	75.9	86.8	45.4	76.9	114	114	71.9	77.7	108	103	65.6	113	169	170	169	186	195	193	169	154	171	135	119	113	131	125	141	144	196	188	142	138	178	174	118	125
Total assets	—	0.64	—	—	0.95	1.12	2.26	9.21	8.49	7.57	6.59	6.11	5.69	4.27	7.35	227	212	232	247	196	202	222	174	126	95.9	91.8	94.8	41.9	43.6	83.1	94.3	52.3	82.2	120	122	81.9	102	131	131	95.7	141	202	203	207	223	236	231	208	197	217	163	147	140	156	150	258	264	313	299	247	240	278	269	210	215
Current liabilities	—	0.61	—	—	0.27	0.4	0.74	0.8	0.28	0.31	0.34	0.47	0.76	1.08	1.25	94.8	49.0	72.9	88.9	47.8	49.1	84.2	69.2	28.0	39.8	79.7	66.9	23.6	32.3	71.7	67.5	21.1	44.4	67.9	73.6	29.6	52.6	84.5	64.6	32.6	68.0	98.1	78.7	71.8	80.7	91.5	78.2	60.3	66.2	97.5	64.3	51.9	55.8	74.5	56.3	76.8	103	156	124	72.4	75.3	112	87.7	47.8	52.5
Total liabilities	—	—	—	—	—	—	—	—	—	0.31	—	0.58	0.87	1.18	1.33	125	79.7	104	116	74.4	87.3	121	117	74.4	85.7	125	116	72.1	80.3	120	116	72.7	77.2	96.1	84.4	34.5	57.4	89.0	68.0	35.8	71.0	106	87.0	80.3	89.1	103	89.1	71.7	77.3	108	74.5	61.8	65.5	83.9	64.9	133	159	211	178	126	123	168	141	98.1	134
Equity	—	0.03	—	—	0.68	0.72	1.51	8.41	8.21	7.25	6.26	5.52	4.82	3.09	6.02	102	132	128	131	122	114	101	56.6	51.7	10.2	-33.6	-20.7	-30.2	-36.7	-36.7	-22.2	-20.4	4.97	23.4	37.5	47.4	44.4	41.6	63.4	60.0	69.5	95.7	116	127	134	134	141	136	120	109	88.9	84.8	74.1	72.4	85.1	125	105	102	121	121	117	111	129	112	80.7

Cash flow

Quarterly · In mn (USD)

Operating 6.49 mn Investing -0.57 mn Financing 1.30 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2012Q4	2013Q2	2013Q3	2013Q4	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Operating	0.12	0.14	-0.21	-0.24	-0.29	-0.25	-0.3	-0.5	-1.06	-0.89	-0.86	24.9	-1.11	-1.85	-2.03	8.90	-8.43	-12.6	-2.74	17.7	-9.51	-19.1	-4.19	25.0	-6.76	-15.1	-4.95	33.5	-6.80	-17.4	-5.87	38.0	8.30	-2.98	-1.11	41.0	-2.79	-10.9	12.1	17.5	14.3	0.8	18.4	21.1	-8.64	-22.7	9.95	-13.3	-27.9	-28.3	27.7	29.0	-4.78	-16.3	19.1	27.3	-12.6	-23.2	14.3	40.5	-3.15	-15.2	13.3	29.4	6.49
Investing	-0.01	-0.02	-0.01	-0.01	-0.15	-0.01	-0.01	-0.01	-0.33	-0.06	-0.02	-0.25	-0.06	-0.11	-0.06	3.63	-0.15	-1.33	-1.59	-2.01	-0.48	-1.75	-2.46	-1.31	-0.33	-0.61	-0.97	-0.15	-0.36	-2.08	-1.83	-0.35	-0.05	-1.64	-3.03	-0.56	-13.1	-0.62	-0.28	-0.89	-1.41	-1.61	-1.74	-4.78	-1.04	-1.23	-1.08	-0.61	-0.6	-0.69	-1.65	-0.89	-0.36	-0.67	-0.23	-76.2	-3.04	-1.42	-1.52	2.35	-0.33	-0.67	-0.25	-0.28	-0.57
Financing	-0.11	0.32	—	0.96	0	0.27	0.15	7.35	0.66	0.03	0	-27.8	0.63	0.27	5.16	-13.6	11.8	9.74	8.08	-21.3	10.7	20.9	10.8	-27.7	5.23	17.9	8.85	-35.9	4.75	18.6	12.4	-38.5	-3.53	1.75	5.14	-37.5	9.33	15.4	-11.4	-15.4	-0.32	6.36	1.93	0.7	2.10	-3.74	0.88	0.36	15.9	29.0	-25.5	-19.0	0.26	13.6	-12.7	48.0	10.2	24.5	-11.6	-44.9	3.13	17.3	-8.11	-33.7	1.30
Cash at period end	0	0.44	0.22	0.92	0.48	0.49	0.33	7.18	6.46	5.53	4.65	3.82	3.28	1.60	4.67	5.55	8.96	4.42	7.91	2.14	3.02	3.07	7.11	3.23	1.16	3.28	6.18	3.61	1.24	0.47	5.25	4.34	9.11	6.18	7.08	10.2	3.45	7.04	8.25	8.73	21.2	27.3	46.7	63.0	56.2	28.1	37.7	23.7	10.9	10.5	11.4	20.6	15.8	12.3	18.7	17.8	12.5	13.8	13.0	11.7	11.7	12.3	17.0	12.3	19.6

Profitability

Quarterly · %

Gross margin 38.8% Operating margin -5.4% Net margin -13.0%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2012Q4	2013Q2	2013Q3	2013Q4	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Gross margin	14.3%	26.2%	—	—	100.0%	54.1%	61.5%	54.5%	46.1%	33.8%	50.3%	49.0%	47.9%	22.6%	46.9%	32.1%	21.7%	23.3%	28.0%	15.8%	15.1%	26.6%	29.1%	14.0%	17.4%	10.2%	36.8%	15.4%	33.0%	34.9%	37.6%	36.8%	33.4%	41.0%	38.5%	33.0%	31.9%	32.2%	35.1%	30.8%	36.7%	41.0%	35.8%	37.5%	36.5%	34.3%	32.5%	30.1%	19.1%	14.2%	19.8%	27.5%	24.7%	29.9%	31.9%	31.9%	30.2%	36.2%	37.0%	36.6%	32.2%	37.4%	40.1%	26.8%	38.8%
Operating margin	-41.8%	-799.0%	—	—	-17735.3%	-379.6%	-817.8%	-1609.2%	-4984.9%	-1697.5%	-1153.8%	-1258.6%	-892.5%	-8.6%	-4055.9%	-11.8%	-41.0%	-22.0%	7.8%	-63.7%	-55.5%	-16.1%	-51.5%	-40.7%	-137.9%	-111.3%	18.6%	-56.4%	-26.0%	5.2%	20.1%	9.3%	13.6%	22.2%	22.9%	4.0%	-5.6%	-5.4%	13.2%	-14.3%	12.5%	21.5%	15.1%	13.2%	0.6%	1.8%	5.7%	-17.8%	-51.8%	-26.7%	-8.1%	-12.6%	-32.9%	-4.3%	8.4%	-10.2%	-5.4%	6.8%	16.0%	2.4%	-0.6%	6.7%	17.6%	-33.3%	-5.4%
Net margin	-41.8%	-800.7%	—	—	-26288.9%	-386.0%	-819.7%	-1610.4%	-4964.8%	-1688.1%	-1152.2%	-1258.5%	-893.0%	-3.7%	-4058.6%	-7.6%	-41.7%	-16.9%	2.6%	-53.8%	-43.8%	-44.3%	-55.0%	-50.0%	-145.0%	-116.7%	14.8%	-69.2%	-37.0%	-1.4%	17.9%	4.8%	10.4%	19.8%	22.1%	6.8%	-5.7%	-6.7%	20.0%	-10.2%	10.3%	15.8%	12.3%	9.5%	2.2%	3.1%	4.2%	-13.9%	-43.2%	-23.4%	-23.0%	-13.0%	-33.2%	-6.1%	8.6%	0.3%	-9.8%	3.6%	13.8%	-1.0%	-5.2%	2.1%	14.8%	-36.1%	-13.0%

Returns & leverage

Quarterly · %

ROE -3.2% ROA -1.4% Debt ratio 62.5%

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table：Returns & leverage

Item	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2012Q4	2013Q2	2013Q3	2013Q4	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
ROE	—	—	—	—	-278.4%	-394.3%	-111.6%	-27.1%	-78.7%	-111.9%	-133.4%	-88.7%	-97.6%	-125.8%	-130.4%	-16.7%	-23.9%	-31.5%	-22.6%	-20.7%	-19.3%	-29.7%	-88.3%	-97.2%	-187.7%	-433.2%	-484.9%	-790.1%	—	—	—	—	—	—	620.6%	360.9%	162.1%	68.2%	35.6%	21.1%	38.5%	62.4%	43.1%	54.7%	44.0%	25.7%	13.8%	1.8%	-13.5%	-26.2%	-51.7%	-54.1%	-59.8%	-54.4%	-20.3%	-10.3%	-2.7%	5.3%	15.7%	12.5%	18.0%	17.2%	12.6%	1.0%	-3.2%
ROA	—	—	—	—	-198.1%	-167.9%	-74.8%	-24.7%	-74.2%	-102.7%	-117.1%	-80.7%	-89.8%	-109.9%	-114.8%	-7.7%	-15.1%	-17.5%	-12.2%	-10.9%	-11.5%	-15.0%	-39.4%	-52.3%	-78.6%	-93.1%	-64.9%	-101.3%	-71.1%	-6.0%	-3.4%	18.4%	35.0%	36.7%	44.0%	72.5%	43.5%	17.7%	14.2%	12.8%	18.1%	25.8%	23.1%	33.7%	24.6%	13.5%	8.2%	1.2%	-8.2%	-14.0%	-30.2%	-33.7%	-34.4%	-26.5%	-11.3%	-5.3%	-1.2%	2.0%	7.2%	6.1%	7.9%	6.2%	5.5%	0.5%	-1.4%
Debt ratio	—	—	—	—	—	—	—	—	—	4.1%	—	9.5%	15.3%	27.6%	18.1%	55.1%	37.6%	44.8%	46.9%	37.9%	43.3%	54.4%	67.4%	59.0%	89.4%	136.6%	121.8%	172.1%	184.1%	144.2%	123.5%	139.0%	94.0%	80.4%	69.3%	42.1%	56.4%	68.1%	51.7%	37.3%	50.6%	52.5%	42.8%	38.7%	40.0%	43.5%	38.7%	34.5%	39.3%	49.7%	45.6%	42.1%	46.9%	53.7%	43.3%	51.5%	60.2%	67.5%	59.6%	51.1%	51.4%	60.2%	52.2%	46.7%	62.5%

EPS

Quarterly · US$

EPS US$-0.38

Show table：EPS

Item	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2012Q4	2013Q2	2013Q3	2013Q4	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
EPS（US$）	—	—	—	—	—	—	—	—	—	—	0.13	-0.18	-0.26	-0.11	0.07	-0.09	-0.23	-0.13	0.06	-0.25	-0.23	-0.38	-1.09	-0.26	-0.86	-0.91	0.25	-0.20	-0.14	-0.01	0.29	0.16	0.40	0.91	1.33	0.09	-0.16	-0.22	1.29	-0.25	0.51	1.04	0.93	0.49	0.09	0.14	0.25	-0.40	-1.08	-0.73	-1.40	-0.40	-0.93	-0.21	0.47	0.01	-0.35	0.16	0.98	-0.03	-0.14	0.08	0.86	-0.78	-0.38

Revenue & profit

Year-to-date · In mn (USD)

Revenue 98.5 mn Net income -22.5 mn

Year-to-date = summed from the first quarter of the fiscal year; balance-sheet items are period-end balances.

Balance sheet

Year-to-date · In mn (USD)

Total assets 215 mn Total liabilities 134 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Cash flow

Year-to-date · In mn (USD)

Operating 35.9 mn Investing -0.85 mn Financing -32.4 mn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 33.6% Operating margin -17.4% Net margin -22.9%

Gross, operating and net margin = the respective profit ÷ revenue.

Returns & leverage

Year-to-date · %

ROE -3.2% ROA -1.4% Debt ratio 62.5%

EPS

Year-to-date · US$

EPS US$-1.16

Revenue & profit

Annual · In mn (USD)

Revenue 320 mn Net income 15.7 mn

Annual = sum of four quarters of a complete fiscal year (incomplete years are omitted); balance-sheet items are year-end balances.

Show table：Income statement

Item	2011	2012	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	—	0.34	186	163	174	149	287	235	360	366	240	258	373	320
Gross profit	—	0.17	50.7	40.7	42.6	51.0	109	78.7	134	128	49.2	75.5	129	119
Operating income	-1.18	-5.73	-13.8	-74.4	-77.7	4.80	54.0	10.4	49.2	20.4	-51.5	-16.4	20.0	27.5
Net income	-1.48	-5.71	-15.5	-82.9	-87.2	-3.25	47.6	17.9	38.8	17.7	-59.5	-17.7	16.2	15.7

Balance sheet

Annual · In mn (USD)

Total assets 269 mn Total liabilities 141 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2011	2012	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Current assets	0.83	6.07	118	94.9	86.6	86.8	114	103	170	193	135	125	188	174
Total assets	1.12	7.57	247	174	94.8	94.3	122	131	203	231	163	150	299	269
Current liabilities	0.4	0.31	88.9	69.2	66.9	67.5	73.6	64.6	78.7	78.2	64.3	56.3	124	87.7
Total liabilities	—	0.31	116	117	116	116	84.4	68.0	87.0	89.1	74.5	64.9	178	141
Equity	0.72	7.25	131	56.6	-20.7	-22.2	37.5	63.4	116	141	88.9	85.1	121	129

Cash flow

Annual · In mn (USD)

Operating 35.5 mn Investing 1.10 mn Financing -32.6 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2011	2012	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating	-0.99	-3.61	-14.8	-15.1	-1.83	3.42	42.3	39.4	51.0	-0.33	-41.9	27.0	5.76	35.5
Investing	-0.18	-0.43	0.56	-6.69	-3.23	-4.41	-5.08	-14.6	-5.66	-8.12	-3.55	-2.16	-82.2	1.10
Financing	—	8.19	16.0	21.1	4.21	-0.16	-35.1	-24.2	-7.41	-0.06	19.7	-17.9	71.0	-32.6
Cash at period end	0.49	5.53	7.91	7.11	6.18	5.25	7.08	8.25	46.7	37.7	11.4	18.7	13.0	17.0

Profitability

Annual · %

Gross margin 37.3% Operating margin 8.6% Net margin 4.9%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2011	2012	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Gross margin	—	49.1%	27.2%	25.0%	24.5%	34.2%	37.8%	33.5%	37.1%	35.0%	20.5%	29.3%	34.6%	37.3%
Operating margin	—	-1673.3%	-7.4%	-45.7%	-44.7%	3.2%	18.8%	4.4%	13.7%	5.6%	-21.4%	-6.4%	5.4%	8.6%
Net margin	—	-1669.3%	-8.3%	-50.9%	-50.1%	-2.2%	16.6%	7.7%	10.8%	4.8%	-24.8%	-6.8%	4.3%	4.9%

Returns & leverage

Annual · %

ROE 12.6% ROA 5.5% Debt ratio 52.2%

Show table：Returns & leverage

Item	2011	2012	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
ROE	-206.0%	-143.3%	-22.4%	-88.3%	-484.9%	—	620.6%	35.6%	43.1%	13.8%	-51.7%	-20.3%	15.7%	12.6%
ROA	-132.1%	-131.5%	-12.2%	-39.4%	-64.9%	-3.4%	44.0%	14.2%	23.1%	8.2%	-30.2%	-11.3%	7.2%	5.5%
Debt ratio	—	4.1%	46.9%	67.4%	121.8%	123.5%	69.3%	51.7%	42.8%	38.7%	45.6%	43.3%	59.6%	52.2%

EPS

Annual · US$

EPS US$0.77

Show table：EPS

Item	2011	2012	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
EPS（US$）	—	—	-0.39	-1.95	-1.78	-0.06	2.80	1.00	2.23	0.97	-3.61	-1.07	0.80	0.77

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

	10-K
2025	Open full text →
2024	Open full text →
2023	Open full text →

10-K: annual report of a US domestic issuer. Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read Turtle Beach Corp (TBCH) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 3 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
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