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Turtle Beach Corp
NASDAQ:HEAR

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Turtle Beach Corp
NASDAQ:HEAR
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Price: 17.25 USD -1.26%
Market Cap: $346.4m

Gross Margin

32.7%
Current
Improving
by 5.7%
vs 3-y average of 27%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
32.7%
=
Gross Profit
$106.8m
/
Revenue
$326.2m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
32.7%
=
Gross Profit
$106.8m
/
Revenue
$326.2m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Turtle Beach Corp
NASDAQ:HEAR
346.4m USD
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US
Apple Inc
NASDAQ:AAPL
4T USD
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KR
Samsung Electronics Co Ltd
KRX:005930
1 442.1T KRW
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CN
Xiaomi Corp
HKEX:1810
919.8B HKD
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US
Western Digital Corp
NASDAQ:WDC
99.5B USD
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US
SanDisk Corp
NASDAQ:SNDK
93.6B USD
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IE
Seagate Technology Holdings PLC
NASDAQ:STX
91.9B USD
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US
Dell Technologies Inc
NYSE:DELL
82.7B USD
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SG
Seagate Technology Holdings PLC
XBER:847
51.6B EUR
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TW
Quanta Computer Inc
TWSE:2382
1.1T TWD
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US
Hewlett Packard Enterprise Co
NYSE:HPE
27.2B USD
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Market Distribution

In line with most companies in the United States of America
Percentile
35th
Based on 12 729 companies
35th percentile
32.7%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Turtle Beach Corp
Glance View

Market Cap
346.4m USD
Industry
Technology

Turtle Beach Corp. engages in the development, commercialization, and marketing of audio peripherals. The company is headquartered in White Plains, New York and currently employs 272 full-time employees. The company went IPO on 2012-03-22. Turtle Beach is engaged in developing, commercializing, and marketing products under Turtle Beach, ROCCAT and Neat Microphones brands. Turtle Beach is a provider of headset solutions for use across multiple platforms, including video game and entertainment consoles, handheld consoles, personal computers (PC), tablets and mobile devices. Turtle Beach under its ROCCAT brand provides keyboards, mice, headsets, mousepads, and other computer accessories. Turtle Beach designs and markets a gaming headsets and audio accessories for Xbox, PlayStation, personal computer (PC), Mac, and mobile/tablet devices. Turtle Beach’s Neat Microphones brand (www.neatmic.com) creates USB and analog microphones for gamers, streamers, professionals and students.

HEAR Intrinsic Value
HIDDEN
Show
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
32.7%
=
Gross Profit
$106.8m
/
Revenue
$326.2m
What is Turtle Beach Corp's current Gross Margin?

The current Gross Margin for Turtle Beach Corp is 32.7%, which is above its 3-year median of 27%.

How has Gross Margin changed over time?

Over the last 3 years, Turtle Beach Corp’s Gross Margin has decreased from 36% to 32.7%. During this period, it reached a low of 20.1% on Mar 31, 2023 and a high of 36% on Sep 30, 2021.

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