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
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%