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| 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% |