Turtle Beach Corporation (TBCH)

From the record

Turtle Beach Corporation's filings since 2017 show 8 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2018-01-18); a warning not to rely on past financial statements (8-K item 4.02, the latest 2019-03-14); an auditor change (8-K item 4.01, 2 times, the latest 2023-05-24); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2023-03-16) (its current reports).

From the record

Turtle Beach Corporation's 9 filed years say what it did: revenue went from $149 million in fiscal 2017 to $320 million in fiscal 2025, up 10% a year; it rose in 5 of 8 years; the deepest fall was 34% from fiscal 2021 to fiscal 2022; net income was positive in 6 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Turtle Beach Corporation's diluted share count held steady, and dividends and buybacks returned about 70% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 5 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Turtle Beach Corporation earned about 12 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 44 cents per dollar of everything the company owns. Leverage: it owed about 52 cents per dollar of assets, and net share issuance: its share count grew 1.2% over the year (the filed statements).

From the record

Turtle Beach Corporation's standing among 12 graded names in its industry family: revenue of $320 million in fiscal 2025 ranks in the top 29% by size; a net margin of 4.9% ranks in the top 29%; revenue growth of 10% a year over the last 3 filed years ranks in the top 37% (its annual reports).

From the record

Turtle Beach Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Keirn, Cris (CEO, as filed), filing under that title since 2023-07-10, 3.3 years (top 44% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 2.3 years (bottom 7%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 50%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Turtle Beach Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $17 million against debt of $56 million leaves -14.4% of its assets as net cash, bottom 13% of its family; cash from operations less capital spending is 10.6% of revenue (top 21%); a gross margin of 37.3% (bottom 41%); research spending of 5.3% of revenue (bottom 21%) (its annual report).

From the record

Turtle Beach Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 10% a year over the last three filed years against 10% over all 9, speeding up (top 46% of its family); the newest year grew -14.2% (bottom 21%); research spending grew -4.1% a year (bottom 29%); capital spending grew -26.3% a year (bottom 13%) (its annual reports). Turtle Beach Corporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Turtle Beach Corporation's newest year against its own record: revenue of $320 million in fiscal 2025 came in 31.1% below the $464 million its prior three years' pace pointed to (bottom 13% of its family); net income of $16 million against a prior three-year average of $20 million (top 12%); a net margin of 4.9% against -9.1% before (top 37%) (its annual reports).