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Turtle Beach Corp specializes in gaming accessories, offering a diverse range including headsets, controllers, keyboards, mice, and simulation hardware. With nearly five decades of expertise, it's a innovator in audio technology, particularly dominant in console gaming headsets. Expanding beyond headsets, Turtle Beach now offers game controllers, flight and racing simulation accessories, and high-quality microphones. Operating globally, its products are available through numerous major retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target, and Walmart, with a maximum revenue portion generated during the holiday season. The majority of its revenue stems from North America.
2010
300
LTM Revenue $381M
LTM EBITDA $60.3M
$307M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Turtle Beach has a last 12-month revenue of $381M and a last 12-month EBITDA of $60.3M.
In the most recent fiscal year, Turtle Beach achieved revenue of $373M and an EBITDA of $30.1M.
Turtle Beach expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Turtle Beach valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $258M | $373M | XXX | XXX | XXX |
| Gross Profit | $49.2M | $75.5M | XXX | XXX | XXX |
| Gross Margin | 19% | 20% | XXX | XXX | XXX |
| EBITDA | -$12.0M | $30.1M | XXX | XXX | XXX |
| EBITDA Margin | -5% | 8% | XXX | XXX | XXX |
| Net Profit | -$59.5M | -$17.7M | XXX | XXX | XXX |
| Net Margin | -23% | -5% | XXX | XXX | XXX |
| Net Debt | $7.7M | n/a | XXX | XXX | XXX |
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As of April 15, 2025, Turtle Beach's stock price is $11.
Turtle Beach has current market cap of $224M, and EV of $307M.
See Turtle Beach trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $307M | $224M | XXX | XXX | XXX | XXX | $1.00 |
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Sign UpAs of April 15, 2025, Turtle Beach has market cap of $224M and EV of $307M.
Turtle Beach's trades at 0.8x LTM EV/Revenue multiple, and 5.1x LTM EBITDA.
Analysts estimate Turtle Beach's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Turtle Beach and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $307M | XXX | XXX | XXX |
| EV/Revenue | 0.8x | XXX | XXX | XXX |
| EV/EBITDA | 10.2x | XXX | XXX | XXX |
| P/E | 13.8x | XXX | XXX | XXX |
| P/E/Growth | 0.2x | XXX | XXX | XXX |
| EV/FCF | 362.6x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpTurtle Beach's NTM/LTM revenue growth is 8%
Turtle Beach's revenue per employee for the last fiscal year averaged $1.2M, while opex per employee averaged $0.3M for the same period.
Over next 12 months, Turtle Beach's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Turtle Beach's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Turtle Beach and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 44% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -351% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 16% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $1.2M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.3M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 14% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 8% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 5% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 26% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Ideal Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Quest Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Havells India | XXX | XXX | XXX | XXX | XXX | XXX |
| Dixon Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Mirgor | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Turtle Beach acquired XXX companies to date.
Last acquisition by Turtle Beach was XXXXXXXX, XXXXX XXXXX XXXXXX . Turtle Beach acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Turtle Beach founded? | Turtle Beach was founded in 2010. |
| Where is Turtle Beach headquartered? | Turtle Beach is headquartered in United States of America. |
| How many employees does Turtle Beach have? | As of today, Turtle Beach has 300 employees. |
| Who is the CEO of Turtle Beach? | Turtle Beach's CEO is Mr. Cristopher Keirn. |
| Is Turtle Beach publicy listed? | Yes, Turtle Beach is a public company listed on NAS. |
| What is the stock symbol of Turtle Beach? | Turtle Beach trades under TBCH ticker. |
| When did Turtle Beach go public? | Turtle Beach went public in 2010. |
| Who are competitors of Turtle Beach? | Similar companies to Turtle Beach include e.g. Ideal Holdings, Quest Holdings, Havells India, Dixon Technologies. |
| What is the current market cap of Turtle Beach? | Turtle Beach's current market cap is $224M |
| What is the current revenue of Turtle Beach? | Turtle Beach's last 12-month revenue is $381M. |
| What is the current EBITDA of Turtle Beach? | Turtle Beach's last 12-month EBITDA is $60.3M. |
| What is the current EV/Revenue multiple of Turtle Beach? | Current revenue multiple of Turtle Beach is 0.8x. |
| What is the current EV/EBITDA multiple of Turtle Beach? | Current EBITDA multiple of Turtle Beach is 5.1x. |
| What is the current revenue growth of Turtle Beach? | Turtle Beach revenue growth between 2023 and 2024 was 44%. |
| Is Turtle Beach profitable? | Yes, Turtle Beach is EBITDA-positive (as of the last 12 months). |
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