Turtle Beach Corp (TBCH)
NASDAQ:TBCH
Want to see TBCH full AI Analyst Report?
Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.31Last Year’s EPS
-0.13Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: Q1 showed material financial weakness (revenue down ~34%, gross margin down 9.8pp, widened net loss and negative adjusted EBITDA) driven by channel inventory compression and promotional activity. Offsetting these near-term results are several meaningful positives — a robust new product pipeline with >50% planned launch growth, strong early preorder momentum for Stealth Pro 2 (>2x predecessor), a refinancing that enhances buyback flexibility, $29.4M operating cash flow in the quarter, and expected tailwinds from GTA VI and upcoming console cycles. Management reaffirmed full-year guidance and expects a back-half weighted recovery, but execution risks and dependency on retailers and game launch timing keep the outlook uncertain.Company Guidance
Strong New Product Pipeline and Early Demand
Company is tracking to realize >50% year-over-year growth in new product launches for 2026, including Stealth Pro 2, Command Series PC lineup, and multiple Switch 2 accessories. Stealth Pro 2 preorders on company site are already more than 2x the predecessor, indicating strong early momentum.
Technological and Brand Differentiation
Stealth Pro 2 features Japan Audio Society high-res audio, patented 60mm Eclipse dual drivers, Dolby Atmos, active noise cancellation, and CrossPlay 2.0 multi-platform wireless (up to 4 audio sources). Company initiated a brand transformation campaign 'The Last Ninja' to amplify engagement.
Reaffirmed Full-Year Guidance
Management reiterated full year 2026 revenue guidance of $335M–$355M and adjusted EBITDA guidance of $44M–$48M despite a weak Q1, reflecting confidence in product launches, retail placements, and back-half seasonality.
Financing and Share Repurchase Flexibility
Refinanced credit facilities: ABL up to $80M and $85M term loan providing enhanced capital flexibility and covenant structure accommodating active buybacks. $56M remaining on $75M share repurchase authorization and share repurchases have commenced.
Positive Cash Flow and Liquidity Actions
Generated $29.4M in cash flow from operations during the quarter and paid off the revolving line of credit (0 balance as of March 31). Ended quarter with $12.3M cash and $53.6M outstanding debt (net debt $41.3M).
Favorable Industry Catalysts
Company positioned to benefit from anticipated November 2026 launch of Grand Theft Auto VI and ongoing console refresh cycles (Xbox/PlayStation), which management expects to drive elevated accessory demand in the back half of 2026 and beyond.
Category and Channel Indicators
Circana data showed a March increase in accessories category (~+5%), and company reported share gains in its simulator (race/flight) products (low single-digit contribution), suggesting early pockets of demand recovery.
TBCH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TBCH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $12.40 | $12.29 | -0.89% |
Mar 12, 2026 | $13.36 | $13.27 | -0.67% |
Nov 06, 2025 | $14.95 | $14.43 | -3.48% |
Aug 07, 2025 | $14.41 | $15.68 | +8.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Turtle Beach Corp (TBCH) report earnings?
Turtle Beach Corp (TBCH) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Turtle Beach Corp (TBCH) earnings time?
Turtle Beach Corp (TBCH) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TBCH EPS forecast?
TBCH EPS forecast for the fiscal quarter 2026 (Q2) is -0.31.