Turtle Beach Corporation Announces Second Quarter 2026 Results and Reiterates Full Year Guidance
Turtle Beach reported Q2 revenue of $56.4 million, slightly down from the prior year, while adjusted EBITDA swung to a positive $1.3 million compared to a loss last year. The company repurchased $25.0 million of common stock and refinanced its debt facilities, entering into a new $80 million ABL and an $85 million term loan to bolster flexibility.
Key figures
- Revenue
- $56.4 million
- Guidance
- FY26 net revenue $335M-$355M, Adjusted EBITDA $44M-$48M
- Gross margin
- 38.8%
- Buyback value
- $25.0 million
- Adjusted ebitda
- $1.3 million
- Operating cash flow
- $6.5 million
AI analysis
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