Turtle Beach (TBCH) Operating Margin (2010 - 2026)
Turtle Beach (TBCH) recorded quarterly Operating Margin of 33.34% in Q1 2026, down 1200.17% quarter-over-quarter from 2.56% in Q4 2025, and down 3575.0% on a YoY basis from 0.96% in Q1 2025.
Turtle Beach (TBCH) Operating Margin (2010 - 2026) Analysis & Trends
Turtle Beach's Operating Margin history runs 17 years deep, the most recent figure standing at 33.34% for Q1 2026.
- In Q1 2026, Operating Margin fell 3575.0% year-over-year to 33.34%; the TTM figure through Mar 2026 stood at 3.75% (down 1091.0% YoY), while the FY2025 annual figure was 1.1%, down 427.0% from the prior year.
- Operating Margin was 33.34% for Q1 2026 at Turtle Beach, down from 2.56% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 21.26% in Q4 2023 to a low of 51.75% in Q2 2022.
- Historically, Operating Margin has averaged 8.99% across 5 years, with a median of 5.38% in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 5231 bps in 2022, then surged 2931 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 8.05% in 2022, then jumped by 364 bps to 21.26% in 2023, then dropped by 25 bps to 16.04% in 2024, then tumbled by 116 bps to 2.56% in 2025, then slumped by 1200 bps to 33.34% in 2026.
- The last three Operating Margin figures came in at 33.34% (Q1 2026), 2.56% (Q4 2025), and 6.67% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,271.83 Bn | 4,203.32 Bn | 54.78 Bn | 32.28% |
| 2 | Sonos | 1.84 Bn | 1.59 Bn | 124.65 Mn | -11.22% |
| 3 | Zepp Health | 1.18 Bn | 1.07 Bn | 34.42 Mn | -4.55% |
| 4 | Turtle Beach | 259.52 Mn | 247.20 Mn | 11.29 Mn | -33.34% |
| 5 | Vuzix | 240.55 Mn | 219.40 Mn | 375,000.00 | 773.35% |
| 6 | Sony | 115.32 Mn | -18.94 Bn | 5.96 Bn | 5.39% |
| 7 | UTime | 81.93 Mn | 81.20 Mn | - | - |
| 8 | Axil Brands | 43.72 Mn | 38.20 Mn | 5.04 Mn | 2.94% |
| 9 | Koss | 37.49 Mn | 18.63 Mn | 1.00 Mn | -25.46% |
| 10 | Foxx Development Holdings | 21.28 Mn | 18.09 Mn | -1.45 Mn | -391.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -33.34% |
| Dec 31, 2025 | -2.56% |
| Sep 30, 2025 | 6.67% |
| Jun 30, 2025 | -0.41% |
| 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 | 21.26% |
| 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% |
| Jun 30, 2021 | 0.56% |