Turtle Beach Corp (TBCH)
NASDAQ:TBCH
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.44Last Year’s EPS
0Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call showed a mix of notable operational and financial improvements (material margin expansion, successful refinancing, active buybacks, and an accelerated product pipeline) alongside significant top-line weakness (Q4 revenue down 19% and full-year revenue down 14%, and lower adjusted EBITDA). Management provided constructive 2026 guidance driven by new products and anticipated industry catalysts but also acknowledged near-term market softness and channel destocking. Overall, the company presented strong execution on costs and capital allocation while facing meaningful revenue challenges.Company Guidance
Gross Margin Expansion
Full-year 2025 gross margin improved 270 basis points year-over-year to 37.3% (highest annual level since 2018). Q4 2025 gross margin reached 40.1%, up over ~310 basis points year-over-year, reflecting cost optimization and tariff mitigation.
Cost Optimization and Tariff Mitigation
Implemented comprehensive cost-savings initiatives and manufacturing diversification; transitioned the majority of U.S.-bound production to Vietnam by end of Q2 2025, helping preserve and expand margins despite tariff pressures.
Balance Sheet and Refinancing Improvements
Refinanced term loan and credit facilities in August 2025, lowering the base rate ~450 basis points and generating more than $2 million of annual interest savings. Cash from operations in 2025 was $35 million; cash balance was $17 million as of Dec 31, 2025.
Share Repurchase Activity and Authorization
Repurchased ~1,350,000 shares for ~$19 million in 2025 and nearly $47 million over the past two years. Authorized a new two-year $75 million buyback program (largest in company history) with >$58 million capacity remaining.
Product Pipeline Acceleration
Announced a 50% increase in new product launches in 2026 versus 2025, with first significant releases beginning in Q2 2026 and early positive retailer feedback; management expects these products to help capture an accessories upgrade/replacement cycle.
Positive 2026 Guidance and Market Catalysts
Guidance for full-year 2026 revenue of $335 million to $355 million (midpoint $345M, ~8% growth vs 2025) and adjusted EBITDA of $44 million to $48 million. Management cites upcoming catalysts including anticipated GTA 6 (late 2026) and a console refresh cycle as growth drivers.
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 |
|---|---|---|---|
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% |
May 08, 2025 | $9.84 | $10.72 | +8.94% |
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 May 06, 2026, After Close (Confirmed).
What is Turtle Beach Corp (TBCH) earnings time?
Turtle Beach Corp (TBCH) earnings time is at May 06, 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 (Q1) is -0.44.