Turtle Beach (TBCH) Gross Margin (2010 - 2026)

Turtle Beach (TBCH) posted quarterly Gross Margin of 26.78% for Q1 2026, down 979.0% year-over-year from 3.05% in Q1 2025, and down 33.17% on a QoQ basis from 40.07% in Q4 2025.

Turtle Beach (TBCH) Gross Margin (2010 - 2026) Analysis & Trends

Turtle Beach (TBCH) has reported Gross Margin for 17 consecutive years, with 26.78% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin fell 979.0% year-over-year to 26.78%; the TTM figure through Mar 2026 stood at 33.31% (down 203.0% YoY), while the FY2025 annual figure was 37.29%, up 268.0% from the prior year.
  • Gross Margin came in at 26.78% for Q1 2026 at Turtle Beach, down from 40.07% in the prior quarter.
  • The five-year high for Gross Margin was 40.07% in Q4 2025, with the low at 14.15% in Q3 2022.
  • Average Gross Margin over 5 years is 29.17%, with a median of 30.07% recorded in 2022.
  • Across the five-year window, Gross Margin tumbled 2017 bps in 2022 and soared 1575 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 19.84% in 2022, then surged by 61 bps to 31.95% in 2023, then grew by 16 bps to 36.96% in 2024, then grew by 8 bps to 40.07% in 2025, then plunged by 33 bps to 26.78% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 26.78%, 40.07%, and 37.36% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Apple 4,319.52 Bn 4,251.01 Bn 54.78 Bn 49.27%
2 Sonos 1.61 Bn 1.36 Bn 124.65 Mn 44.28%
3 Zepp Health 1.32 Bn -101.84 Bn 19.44 Mn 37.71%
4 Vuzix 214.94 Mn 193.79 Mn 375,000.00 16.72%
5 UTime 79.34 Mn 37.42 Mn - -
6 Universal Electronics 59.18 Mn 29.36 Mn 20.60 Mn 26.06%
7 Axil Brands 44.10 Mn 38.58 Mn 5.04 Mn 69.12%
8 Foxx Development Holdings 23.69 Mn 20.50 Mn -1.45 Mn -16.74%
9 Fenbo Holdings 10.51 Mn 7.81 Mn - -
10 Turtle Beach 257,199.99 -12.06 Mn 11.29 Mn 26.78%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.78%
Dec 31, 2025 40.07%
Sep 30, 2025 37.36%
Jun 30, 2025 22.70%
Mar 31, 2025 36.57%
Dec 31, 2024 36.96%
Sep 30, 2024 36.17%
Jun 30, 2024 30.17%
Mar 31, 2024 31.85%
Dec 31, 2023 31.95%
Sep 30, 2023 29.90%
Jun 30, 2023 24.74%
Mar 31, 2023 27.48%
Dec 31, 2022 19.84%
Sep 30, 2022 14.15%
Jun 30, 2022 19.08%
Mar 31, 2022 30.07%
Dec 31, 2021 32.48%
Sep 30, 2021 34.31%
Jun 30, 2021 36.54%