Filing Flows › Turtle Beach (TBCH) › Q1 2026
Turtle Beach (TBCH) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Turtle Beach (TBCH) reported revenue of $42.2M for the first quarter 2026 (Q1 2026), -34% from a year earlier and -64% from the quarter before. Operating margin was -33.3%, net loss $15.2M (36.1% of revenue).
Turtle Beach, Q1 2026: revenue $42.2M (-34% year over year), operating margin -33.3%, net loss $15.2M, operating cash flow $29.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $42.2M | -64% | -34% |
| Operating profit | −$14.1M | -167% | -1015% |
| Net earnings | −$15.2M | -186% | — |
| Operating cash flow | $29.4M | +120% | -27% |
| Free cash flow | $29.1M | +122% | -28% |
What changed
Revenue was $42.2M in Q1 2026, down 34% year over year and down 64% from the previous quarter.
Gross margin was 26.8%, down 9.8 points from Q1 2025. Operating costs exceeded revenue by $14.1M, an operating margin of -33.3%. Operating expenses grew 16% against a revenue fall of 34%. The quarter ended with a net loss of $15.2M, after a profit of $17.6M the previous quarter.
Operating cash flow was $29.4M (down 27% year over year). Non-cash charges added back $892K of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $42.3M. Capital expenditures of $276K left free cash flow of $29.1M.
Questions
What was Turtle Beach's revenue in the first quarter 2026?
Turtle Beach (TBCH) reported revenue of $42.2M for the first quarter 2026 (Q1 2026), -34% from a year earlier and -64% from the quarter before.
Was Turtle Beach profitable in the first quarter 2026?
Operating loss was $14.1M (-33.3% of revenue) and net loss $15.2M.
Source: Turtle Beach 10-Q on SEC EDGAR.