Turtle Beach Q2 revenue slips to $56.4 million; net loss widens, guidance reaffirmed
Turtle Beach reported second quarter 2026 net revenue of $56.4 million, down slightly from $56.8 million a year earlier, while its net loss widened to $7.3 million from $2.9 million. Gross margin rose to 38.8% on tariff refunds, and adjusted EBITDA improved to $1.3 million from a loss of $3.0 million. The company reaffirmed its full year 2026 revenue of $335 million to $355 million and adjusted EBITDA of $44 million to $48 million, and it repurchased $25.0 million of stock during the quarter.
Key points
- Q2 2026 net revenue was $56.4 million versus $56.8 million in Q2 2025; net loss was $7.3 million, or $0.38 per share, versus $2.9 million, or $0.14 per share.
- Gross margin improved to 38.8%, up 660 basis points, due to tariff refunds received in the second quarter 2026.
- Full year 2026 guidance reaffirmed: net revenue of $335 million to $355 million and adjusted EBITDA of $44 million to $48 million.
- Repurchased 2.0 million shares for $25.0 million; about $31.0 million remains under the program authorized in May 2025. Credit facilities were refinanced with an $80 million ABL facility from Bank of America and an $85 million term loan fro
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.