Net margin is calculated as Net Income divided by its Revenue. Turtle Beach's Net Income for the
three
months ended in Mar. 2026 was $-15.2 Mil. Turtle Beach's Revenue for the
three
months ended in Mar. 2026 was $42.2 Mil. Therefore, Turtle Beach's net margin for the quarter that ended in Mar. 2026 was -36.06%.
The historical rank and industry rank for Turtle Beach's Net Margin % or its related term are showing as below:
TBCH'
s Net Margin % Range Over the Past 10 Years
Min: -50.11 Med: 4.59 Max: 13.63
Current: 0.4
TBCH's Net Margin % is ranked worse than 64.64% of 2472
companies
in the Hardware industry
Industry Median: 2.7
vs TBCH: 0.40
Turtle Beach (NAS:TBCH) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Turtle Beach Net Margin % Related Terms
Turtle Beach Net Margin % Historical Data
* Premium members only.
The historical data trend for Turtle Beach's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Consumer Electronics subindustry, Turtle Beach's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Turtle Beach Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Turtle Beach's Net Margin % distribution charts can be found below:
* The bar in red indicates where Turtle Beach's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Turtle Beach (TBCH) has a Net Margin % of -36.06% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Turtle Beach and its competitors. According to the industry distribution chart, Turtle Beach ranks #1598 out of 2472 companies in the Hardware industry, placing it in the top 64.6%.
Is Turtle Beach's Net Margin % too high?
Turtle Beach's current Net Margin % is -36.06%. Based on the distribution chart, Turtle Beach ranks #1598 out of 2472 companies in the Hardware industry, which is below the industry midpoint. Overall, Turtle Beach has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turtle Beach's Net Margin % compare to GPRO and VUZI?
According to the Hardware industry distribution chart, Turtle Beach ranks #1598 out of 2472 companies for Net Margin %. This places Turtle Beach in the lower half of its industry. The industry median Net Margin % is 2.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,472 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Turtle Beach and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turtle Beach's current Net Margin % is -36.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turtle Beach stock overvalued right now?
Based on GuruFocus' analysis, Turtle Beach (TBCH) is currently considered Fairly Valued. The stock's GF Value™ is $12.90, compared to a current price of $12.08 — trading 6.4% below its estimated fair value. The current Net Margin % is -36.06%. Turtle Beach's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Turtle Beach (TBCH), the current Net Margin % is -36.06% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Turtle Beach (TBCH) Overvalued in 2026?
Based on GuruFocus' analysis, Turtle Beach stock appears to be undervalued.
The current stock price of $12.08 is trading 6.4% below its estimated GF Value™ of $12.90.
GuruFocus considers Turtle Beach to be Fairly Valued.
Key valuation signals for TBCH:
Net Margin %: -36.06%
GF Value™: $12.90 vs. price of $12.08 (6.4% below fair value)
No single metric tells the full story. See the TBCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 retailers such as Amazon, Argos, Best Buy, GAME, GameStop and Walmart with a maximum revenue portion generated during the holiday season. The majority of its revenue stems from North America.
75GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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