Turtle Beach revenue plunges 34% to $42M; gross margin falls 980bp amid logistics shift

Filed May 7, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 8, 2025 · ~1 min read

Key Changes

• high

  Revenue fell 34% year-over-year to $42.2M (from $63.9M), reversing prior growth. Management cites softer gaming accessory demand driven by macroeconomic pressures on consumer spending.

  MD&A: Quarterly Revenue verify on EDGAR →
• high

  Gross margin compressed 980 basis points to 26.8% from 36.6%, driven by revenue deleverage and logistics-transition costs from relocating the company's principal third-party provider.

  MD&A: Gross Margin verify on EDGAR →
• high

  Net loss widened to $15.2M from $0.7M; Adjusted EBITDA swung from +$4.1M to -$6.5M, a $10.6M deterioration reflecting revenue and margin pressures.

  MD&A: Net Loss & Adjusted EBITDA verify on EDGAR →