OverviewSuggest Edit

Turtle Beach Corporation, an audio technology company, develops, commercializes, and markets a range of products under the Turtle Beach and HyperSound brands internationally. The Company offers headset products for use across various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices. It also provides audio products for commercial and consumer devices, as well as for listeners with hearing loss.
TypePublic
Founded1975
HQSan Diego, CA, US
Websitecorp.turtlebeach.com

Latest Updates

Employees (est.) (Dec 2019)213(+57%)
Job Openings1
Revenue (FY, 2020)$360.1 M(+54%)
Share Price (Sept 2021)$30.7(+2%)
Cybersecurity ratingCMore

Key People/Management at Turtle Beach

John Hanson

John Hanson

Chief Financial Officer
Juergen Stark

Juergen Stark

CEO, President and Chairman
Cris Keirn

Cris Keirn

Senior Vice President, Global Sales
Ryan Dell

Ryan Dell

Senior Vice President, Marketing
Yie-Hsin Hung

Yie-Hsin Hung

Director
Matt Seymour

Matt Seymour

Vice President, Product Management
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Turtle Beach Office Locations

Turtle Beach has offices in San Diego, Valhalla and Hampshire
San Diego, CA, US (HQ)
12220 Scripps Summit Dr #100
Valhalla, NY, US
100 Summit Lake Drive #100
Hampshire, GB
Renaissance House Basing View
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Turtle Beach Financials and Metrics

Turtle Beach Revenue

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View revenue for all periods
Turtle Beach's revenue was reported to be $360.09 m in FY, 2020
USD

Revenue (Q1, 2021)

93.1m

Gross profit (Q1, 2021)

34.9m

Gross profit margin (Q1, 2021), %

37.5%

Net income (Q1, 2021)

8.8m

EBIT (Q1, 2021)

12.3m

Market capitalization (15-Sept-2021)

485.2m

Closing stock price (15-Sept-2021)

30.7

Cash (31-Mar-2021)

63.0m
Turtle Beach's current market capitalization is $485.2 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

186.2m162.7m174.0m149.1m287.4m234.7m360.1m

Revenue growth, %

(13%)7%(14%)93%(18%)

Cost of goods sold

135.5m122.1m131.4m98.1m178.7m156.0m226.3m

Gross profit

50.7m40.7m42.6m51.0m108.7m78.7m133.8m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

38.3m22.3m33.3m19.7m22.6m35.9m24.0m29.4m38.4m14.4m19.1m36.0m40.9m60.8m74.4m44.8m41.3m46.7m35.0m79.7m112.5m93.1m

Cost of goods sold

26.0m17.5m25.6m16.6m19.2m26.3m20.7m24.2m34.5m12.1m12.8m23.4m25.9m40.5m43.9m30.1m28.2m31.7m24.2m50.5m66.4m58.2m

Gross profit

12.3m4.8m7.7m3.1m3.4m9.6m3.4m5.1m3.9m2.2m6.3m12.5m15.0m20.3m30.5m14.8m13.2m15.0m10.8m29.2m46.1m34.9m

Gross profit Margin, %

32%22%23%16%15%27%14%17%10%15%33%35%37%33%41%33%32%32%31%37%41%37%
USDQ3, 2011

Financial Leverage

1.4 x
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Turtle Beach Acquisitions / Subsidiaries

Company NameDateDeal Size
RoccatMarch 15, 2019$14.8 m

Turtle Beach Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Turtle Beach Online and Social Media Presence

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Turtle Beach News and Updates

The Donerail Group Responds to Turtle Beach

Highlights Board’s Efforts to Obfuscate and Distort the Record Regarding Donerail’s Acquisition Overtures

The Donerail Group Announces That Its Recently Increased $36.50 All-Cash Offer Has Been Rejected By Turtle Beach Board

Updated Offer Represented an Increase From Donerail’s Initial, Rejected Offer of $34.50 Per Share and a Substantial Premium of More Than 42% Based on Yesterday’s Closing Price

The Donerail Group Releases Letter on Turtle Beach Corporation

Discloses Ownership of More Than 4% of Turtle Beach

Turtle Beach unveils Neat Microphones’ King Bee II analog XLR microphone

Neat Microphones is unveiling its King Bee II analog XLR microphone for gamers and streamers who need good gear for livestreaming.

Turtle Beach Announces Appointment Of Yie-Hsin Hung To The Board Of Directors

WHITE PLAINS, N.Y., April 19, 2021 /PRNewswire/ -- Leading gaming accessory maker Turtle Beach (Nasdaq: HEAR), today announced the appointment of Yie-Hsin Hung as the newest member of the Company's Board of Directors, effective April 19, 2021. Ms. Hung will also be a member of the...

Turtle Beach acquires Neat Microphones to capture more gamers and podcasters

Gaming headset maker Turtle Beach said today it has acquired Neat Microphones​, a maker of high-quality USB and analog microphones.
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Turtle Beach Blogs

Valheim’s New Furniture and How To Get It

After months of waiting, the first major update for Valheim has finally arrived. Players can now fully enjoy the bounties that the Hearth and Home update has to offer. The fresh content includes a new food system, changes to combat, and, as the name suggests, a bunch of new furniture for your home. …

Groundhog’s Play: A Beginner’s Guide To Deathloop

If you don’t want to get dizzy in Deathloop, then you’d do well to follow this handy guide. As the name would suggest, Deathloop is about a timeloop. You play as Colt, an assassin desperately trying to fight his way out of the longest and most awkward party ever — and by awkward, we meant "very viol…

Call of Duty Vanguard Beta – Tips and Tricks To Know Before You Play

The Call of Duty Vanguard beta is about to open to the masses after a PlayStation exclusive weekend. Whether you’re playing on Xbox, PC, or PlayStation, you’ll want to ensure you brush up on your skills and make the most of the beta. With a return to World War II and the Modern Warfare engine,...

Turtle Beach Superhuman Hearing Gives Gamers A Competitive Edge

The world of online competitive gaming is no joke. There are millions of extremely skilled players out there, and they’re all gunning for you. It can be a real challenge to hold your ground and hang with the pros, even when you spend plenty of time practicing. Thankfully, the gang at Turtle Beach cr…

Call of Duty: Vanguard Weapons We’re Most Excited For

Call of Duty is a haven for video game guns. From shotguns to assault rifles, snipers to SMGs, there is a lot of variety to the triggers and iron sights in the popular shooter franchise. With Call of Duty: Vanguard filling its arsenal with World War 2 weaponry, several favorites are expected to appe…

Destiny 2 Weapon Crafting: Everything We Know So Far

Among all the exciting things that are coming with Destiny 2’s The Witch Queen expansion, weapon crafting is perhaps the most anticipated. This new mechanic has some incredible potential, as Destiny 2 features hundreds of unique weapons across its expansive arsenal. While developer Bungie has been p…
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Turtle Beach Frequently Asked Questions

  • When was Turtle Beach founded?

    Turtle Beach was founded in 1975.

  • Who are Turtle Beach key executives?

    Turtle Beach's key executives are John Hanson, Juergen Stark and Cris Keirn.

  • How many employees does Turtle Beach have?

    Turtle Beach has 213 employees.

  • What is Turtle Beach revenue?

    Latest Turtle Beach annual revenue is $360.1 m.

  • What is Turtle Beach revenue per employee?

    Latest Turtle Beach revenue per employee is $1.7 m.

  • Who are Turtle Beach competitors?

    Competitors of Turtle Beach include Razer, Sol Republic and Audiologic.

  • Where is Turtle Beach headquarters?

    Turtle Beach headquarters is located at 12220 Scripps Summit Dr #100, San Diego.

  • Where are Turtle Beach offices?

    Turtle Beach has offices in San Diego, Valhalla and Hampshire.

  • How many offices does Turtle Beach have?

    Turtle Beach has 3 offices.