Turtle Beach (TBCH) Gross Margin (2010 - 2026)
Turtle Beach (TBCH) recorded quarterly Gross Margin of 26.78% in Q1 2026, down 33.17% quarter-over-quarter from 40.07% in Q4 2025, and down 979.0% on a YoY basis from 3.05% in Q1 2025.
Turtle Beach (TBCH) Gross Margin (2010 - 2026) Analysis & Trends
Turtle Beach's Gross Margin history runs 17 years deep, the most recent figure standing at 26.78% for 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 was 26.78% for Q1 2026 at Turtle Beach, down from 40.07% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 40.07% in Q4 2025 to a low of 14.15% in Q3 2022.
- Historically, Gross Margin has averaged 29.17% across 5 years, with a median of 30.07% in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 2017 bps in 2022, then soared 1575 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 19.84% in 2022, then surged by 61 bps to 31.95% in 2023, then gained by 16 bps to 36.96% in 2024, then gained by 8 bps to 40.07% in 2025, then tumbled by 33 bps to 26.78% in 2026.
- The last three Gross Margin figures came in at 26.78% (Q1 2026), 40.07% (Q4 2025), and 37.36% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,366.25 Bn | 4,297.75 Bn | 54.78 Bn | 49.27% |
| 2 | Sonos | 1.75 Bn | 1.50 Bn | 124.65 Mn | 44.28% |
| 3 | Zepp Health | 1.27 Bn | 1.16 Bn | 34.42 Mn | 40.41% |
| 4 | Turtle Beach | 267.51 Mn | 255.19 Mn | 11.29 Mn | 26.78% |
| 5 | Vuzix | 257.23 Mn | 236.08 Mn | 375,000.00 | 16.72% |
| 6 | Sony | 114.28 Mn | -18.94 Bn | 5.96 Bn | 30.77% |
| 7 | UTime | 53.53 Mn | 52.80 Mn | - | - |
| 8 | Axil Brands | 40.77 Mn | 35.25 Mn | 5.04 Mn | 69.12% |
| 9 | Koss | 37.77 Mn | 18.91 Mn | 1.00 Mn | 35.50% |
| 10 | Foxx Development Holdings | 20.59 Mn | 17.40 Mn | -1.45 Mn | -16.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |