HEAR
Income statement / Annual
Last year (2023), Turtle Beach Corporation's total revenue was $258.12 M,
an increase of 7.48% from the previous year.
In 2023, Turtle Beach Corporation's net income was -$17.68 M.
See Turtle Beach Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$258.12 M
|
$240.17 M
|
$366.35 M
|
$360.09 M
|
$234.66 M
|
$287.44 M
|
$149.14 M
|
$173.98 M
|
$162.75 M
|
$186.18 M
|
| Cost of Revenue |
$182.62 M |
$190.98 M |
$237.97 M |
$226.31 M |
$155.95 M |
$178.74 M |
$98.13 M |
$131.37 M |
$122.06 M |
$135.51 M |
| Gross Profit |
$75.50 M |
$49.19 M |
$128.38 M |
$133.79 M |
$78.71 M |
$108.70 M |
$51.00 M |
$42.61 M |
$40.69 M |
$50.67 M |
| Gross Profit Ratio |
0.29 |
0.2 |
0.35 |
0.37 |
0.34 |
0.38 |
0.34 |
0.24 |
0.25 |
0.27 |
| Research and Development
Expenses |
$17.14 M
|
$19.12 M
|
$17.49 M
|
$12.27 M
|
$7.86 M
|
$5.61 M
|
$5.59 M
|
$8.26 M
|
$11.56 M
|
$9.40 M
|
| General & Administrative
Expenses |
$31.32 M
|
$32.56 M
|
$31.58 M
|
$25.58 M
|
$21.80 M
|
$16.66 M
|
$15.70 M
|
$19.58 M
|
$21.48 M
|
$17.16 M
|
| Selling & Marketing
Expenses |
$43.49 M
|
$47.09 M
|
$58.88 M
|
$46.78 M
|
$38.63 M
|
$32.39 M
|
$24.39 M
|
$28.57 M
|
$31.83 M
|
$33.44 M
|
| Selling, General &
Administrative Expenses |
$74.81 M
|
$79.65 M
|
$90.46 M
|
$72.36 M
|
$60.43 M
|
$49.05 M
|
$40.09 M
|
$48.15 M
|
$53.31 M
|
$50.60 M
|
| Other Expenses |
$0.00 |
-$1.75 M |
$101,000.00 |
$3.76 M |
$2.21 M |
-$7.78 M |
$463,000.00 |
-$2.42 M |
-$1.02 M |
-$724,000.00 |
| Operating Expenses |
$91.95 M |
$98.77 M |
$107.95 M |
$84.62 M |
$68.29 M |
$54.66 M |
$45.67 M |
$56.41 M |
$64.87 M |
$63.75 M |
| Cost And Expenses |
$274.57 M |
$289.75 M |
$345.92 M |
$310.93 M |
$224.24 M |
$233.40 M |
$143.80 M |
$187.78 M |
$186.93 M |
$199.25 M |
| Interest Income |
$0.00 |
$1.22 M |
$383,000.00 |
$467,000.00 |
$929,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$504,000.00 |
$1.22 M |
$383,000.00 |
$467,000.00 |
$929,000.00 |
$5.34 M |
$7.92 M |
$7.45 M |
$5.10 M |
$7.21 M |
| Depreciation &
Amortization |
$4.84 M
|
$5.82 M
|
$5.31 M
|
$5.25 M
|
$5.20 M
|
$4.26 M
|
$4.42 M
|
$9.19 M
|
$7.92 M
|
$6.87 M
|
| EBITDA |
-$12.00 M
|
-$47.42 M
|
$25.85 M
|
$58.17 M
|
$17.83 M
|
$50.52 M
|
$9.68 M
|
-$70.93 M
|
-$67.50 M
|
-$9.88 M
|
| EBITDA Ratio |
-0.05 |
-0.21 |
0.06 |
0.15 |
0.05 |
0.16 |
0.04 |
-0.09 |
-0.15 |
-0.07 |
| Operating Income Ratio
|
-0.06
|
-0.21
|
0.04
|
0.14
|
0.03
|
0.19
|
0.03
|
-0.45
|
-0.46
|
-0.07
|
| Total Other
Income/Expenses Net |
-$1.55 M
|
-$2.97 M
|
-$360,000.00
|
$3.29 M
|
-$2.24 M
|
-$13.11 M
|
-$7.45 M
|
-$9.87 M
|
-$6.12 M
|
-$7.93 M
|
| Income Before Tax |
-$17.34 M |
-$54.45 M |
$20.15 M |
$52.46 M |
$11.71 M |
$40.93 M |
-$2.66 M |
-$87.57 M |
-$80.51 M |
-$21.76 M |
| Income Before Tax Ratio
|
-0.07
|
-0.23
|
0.05
|
0.15
|
0.05
|
0.14
|
-0.02
|
-0.5
|
-0.49
|
-0.12
|
| Income Tax Expense |
$338,000.00 |
$5.09 M |
$2.43 M |
$13.71 M |
-$6.24 M |
$1.74 M |
$593,000.00 |
-$387,000.00 |
$2.39 M |
-$6.27 M |
| Net Income |
-$17.68 M |
-$59.55 M |
$17.72 M |
$38.75 M |
$17.94 M |
$39.19 M |
-$3.25 M |
-$87.18 M |
-$82.91 M |
-$15.49 M |
| Net Income Ratio |
-0.07 |
-0.25 |
0.05 |
0.11 |
0.08 |
0.14 |
-0.02 |
-0.5 |
-0.51 |
-0.08 |
| EPS |
-1.03 |
-3.62 |
1.11 |
2.62 |
1.24 |
2.74 |
-0.26 |
-7.18 |
-7.85 |
-1.56 |
| EPS Diluted |
-1.03 |
-3.62 |
0.97 |
2.37 |
1.04 |
2.74 |
-0.26 |
-7.18 |
-7.85 |
-1.56 |
| Weighted Average Shares
Out |
$17.14 M
|
$16.45 M
|
$15.92 M
|
$14.80 M
|
$14.48 M
|
$14.29 M
|
$12.34 M
|
$12.14 M
|
$10.57 M
|
$9.92 M
|
| Weighted Average Shares
Out Diluted |
$17.14 M
|
$16.45 M
|
$18.25 M
|
$16.36 M
|
$15.69 M
|
$14.29 M
|
$12.34 M
|
$12.15 M
|
$10.57 M
|
$9.92 M
|
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