Turtle Beach (TBCH) Gross Margin (2010 - 2026)
Turtle Beach's Gross Margin came in at 38.79% for Q2 2026, up 6.62 percentage points from 32.16% a year earlier and up 12.01 percentage points from the prior quarter.
Turtle Beach (TBCH) Gross Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Turtle Beach reported Gross Margin of 37.21%, up 1.28 percentage points year-over-year; for FY2025, it came in at 37.29%, up 2.68 percentage points from FY2024.
- Gross Margin has increased in each of the last three years, with a five-year change of +0.13 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 34.60% in FY2024 (+5.35 pp), 29.25% in FY2023 (+8.77 pp), 20.48% in FY2022 (-14.56 pp) and 35.04% in FY2021 (-2.11 pp).
- The five-year range for quarterly Gross Margin is 14.15% (Q3 2022) to 40.07% (Q4 2025).
- Year-over-year, Gross Margin increased in seven of the last eight quarters, with an average year-over-year change of +2.39 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2023 (a gain of 15.75 percentage points), and the weakest in Q3 2022 (a drop of 20.17 percentage points).
- Business Quant data shows TBCH's Gross Margin at 26.78% (Q1 2026), 40.07% (Q4 2025) and 37.36% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 26.80 Bn | 24.47 Bn | 860.34 Mn | 48.73% |
| 2 | Somnigroup International | 13.22 Bn | 12.76 Bn | 817.20 Mn | 44.81% |
| 3 | Hni | 3.33 Bn | 2.90 Bn | 647.20 Mn | 43.96% |
| 4 | Newell Brands | 2.36 Bn | 1.52 Bn | 812.00 Mn | 40.72% |
| 5 | Sonos | 2.01 Bn | 912.92 Mn | 189.31 Mn | 50.45% |
| 6 | Whirlpool | 1.72 Bn | -1.75 Bn | 442.00 Mn | 12.57% |
| 7 | Millerknoll | 1.45 Bn | 747.53 Mn | 385.30 Mn | 41.73% |
| 8 | Arhaus | 1.44 Bn | 521.74 Mn | 172.07 Mn | 44.71% |
| 9 | Corsair Gaming | 1.40 Bn | 928.63 Mn | 104.29 Mn | 33.18% |
| 10 | Turtle Beach | 297.90 Mn | 236.79 Mn | 21.86 Mn | 38.79% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.79% |
| Mar 31, 2026 | 26.78% |
| Dec 31, 2025 | 40.07% |
| Sep 30, 2025 | 37.36% |
| Jun 30, 2025 | 32.16% |
| 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% |
Turtle Beach Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TBCH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TBCH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TBCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();