Turtle Beach (TBCH) Operating Margin (2010 - 2026)
Turtle Beach (TBCH) reported Operating Margin of -5.41% for Q2 2026, down 4.83 percentage points from -0.58% a year earlier but up 27.93 percentage points from the prior quarter.
Turtle Beach (TBCH) Operating Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Turtle Beach's Operating Margin came in at 3.09%, down 5.51 percentage points year-over-year; for FY2025, it came in at 8.60%, up 3.23 percentage points from FY2024.
- Operating Margin has increased for three consecutive years, though with a five-year change of -5.05 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 5.37% in FY2024 (+11.74 pp), -6.37% in FY2023 (+15.06 pp), -21.44% in FY2022 (-27.01 pp) and 5.58% in FY2021 (-8.08 pp).
- Five-year quarterly Operating Margin spans a low of -51.75% in Q2 2022 and a high of 17.63% in Q4 2025.
- Year over year, Operating Margin gained in five of the last eight quarters, with an average year-over-year change of -0.37 percentage points.
- The high point for year-over-year Operating Margin in five years was Q2 2024 (a gain of 27.54 percentage points); the low point was Q2 2022 (a drop of 52.31 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -33.34% (Q1 2026), 17.63% (Q4 2025) and 6.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 27.64 Bn | 25.31 Bn | 860.34 Mn | 10.16% |
| 2 | Somnigroup International | 13.55 Bn | 13.09 Bn | 817.20 Mn | 11.06% |
| 3 | Hni | 3.35 Bn | 2.92 Bn | 647.20 Mn | 6.26% |
| 4 | Newell Brands | 2.39 Bn | 1.55 Bn | 812.00 Mn | 14.19% |
| 5 | Sonos | 2.06 Bn | 958.12 Mn | 189.31 Mn | 8.40% |
| 6 | Whirlpool | 1.85 Bn | -1.62 Bn | 442.00 Mn | 4.63% |
| 7 | Arhaus | 1.56 Bn | 641.28 Mn | 172.07 Mn | 14.10% |
| 8 | Millerknoll | 1.47 Bn | 770.40 Mn | 385.30 Mn | 5.61% |
| 9 | Corsair Gaming | 1.41 Bn | 942.91 Mn | 104.29 Mn | 2.42% |
| 10 | Turtle Beach | 298.28 Mn | 237.18 Mn | 21.86 Mn | -5.41% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.41% |
| Mar 31, 2026 | -33.34% |
| Dec 31, 2025 | 17.63% |
| Sep 30, 2025 | 6.67% |
| Jun 30, 2025 | -0.58% |
| Mar 31, 2025 | 2.40% |
| Dec 31, 2024 | 16.04% |
| Sep 30, 2024 | 6.81% |
| Jun 30, 2024 | -5.38% |
| Mar 31, 2024 | -10.23% |
| Dec 31, 2023 | 8.40% |
| Sep 30, 2023 | -4.25% |
| Jun 30, 2023 | -32.91% |
| Mar 31, 2023 | -12.62% |
| Dec 31, 2022 | -8.05% |
| Sep 30, 2022 | -26.70% |
| Jun 30, 2022 | -51.75% |
| Mar 31, 2022 | -17.76% |
| Dec 31, 2021 | 5.68% |
| Sep 30, 2021 | 1.75% |
Turtle Beach Operating 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=operating-margin&ticker=TBCH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TBCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();