Every 10-Q that Turtle Beach Corporation (TBCH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TBCH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TBCH filings page.
Turtle Beach Corporation reported second-quarter 2026 net revenue of $56.4 million, roughly flat year over year, but its net loss widened to $7.3 million, or $0.38 per share, from $2.9 million, or $0.14 per share. Gross margin improved to 38.8% from 32.2%, helped by a $4.3 million tariff-related reduction to cost of revenue.
For the six months ended June 30, 2026, net revenue was $98.5 million, down 18.4% from $120.7 million, and net loss increased to $22.5 million from $3.6 million. Adjusted EBITDA was $1.3 million in Q2 but negative $5.2 million year to date, reflecting softer gaming accessory demand, higher operating costs and the absence of prior-year insurance recoveries, partially offset by tariff refunds.
Cash flow from operations remained strong at $35.9 million in the first half, with cash and cash equivalents at $19.6 million and inventories reduced to $56.5 million. The company refinanced its borrowings with an $85.0 million term loan maturing in 2029 at an 11.17% interest rate and an undrawn revolving credit facility with approximately $31.0 million of excess availability, while repurchasing 2.2 million shares for $27.2 million, reducing shares outstanding to 17.9 million.
Turtle Beach Corporation reported a sharp downturn for the quarter ended March 31, 2026. Net revenue fell to $42.2 million from $63.9 million a year earlier as demand for gaming accessories softened amid macroeconomic pressures. Gross margin compressed to 26.8% from 36.6%, and the company swung to a net loss of $15.2 million, or $(0.78) per share, compared with a loss of $0.7 million, or $(0.03) per share, in the prior year period.
Adjusted EBITDA declined to a loss of $6.5 million from positive $4.1 million, reflecting lower revenue and higher operating costs such as research and development and professional fees. Despite the loss, operating cash flow remained positive at $29.4 million, helped by significant reductions in accounts receivable and inventories, and the company ended the quarter with $12.3 million in cash.
Turtle Beach reduced net debt under its 2025 credit facility during the quarter and subsequently refinanced with an $85.0 million term loan and a new asset-based revolving credit facility maturing in 2029. The company continued its $75 million stock repurchase program, buying 161,815 shares for $2.2 million. Management disclosed that disclosure controls and procedures remained ineffective due to previously identified material weaknesses in internal control over financial reporting.
Turtle Beach (TBCH) filed its Q3 2025 10‑Q, reporting net revenue of $80.5 million versus $94.4 million a year ago as demand for PC gaming accessories softened. Gross margin improved to 37.4% from 36.2%, aided by prior‑year purchase accounting impacts, partially offset by higher tariffs. Operating income was $5.4 million, and net income was $1.7 million (diluted EPS $0.08).
For the first nine months, revenue was $201.1 million versus $226.7 million, with a net loss of $1.9 million. Operating cash flow was $22.1 million. The company executed a new Bank of America Credit Agreement on August 1, 2025—a $60 million term loan and $90 million revolver—retiring prior facilities and recording a $1.9 million loss on extinguishment. Term loan and revolver balances were $57.9 million and $33.5 million, respectively, with approximately $34.5 million of excess borrowing availability. Inventory was $95.0 million. The company repurchased 0.7 million shares in Q3 for $10.3 million and $17.0 million year‑to‑date.