Turtle Beach Corporation

TBCHNASDAQTechnology● Active

$12.76

+$0.25(+2.00%)

Market Cap$253252824

P/E Ratio—

52W High$17.387

52W Low$9.84

Avg Volume299K

Open$12.48

Beta2.29

Free Cash Flow Financials Revenue

Turtle Beach Corporation (TBCH) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

TBCH · free cash flow · updated Jun 8, 2026

Core FCF metrics

TBCH · FCF · TTM · margin & CAGR

Free cash flow was $34.0M for FY2025 (fiscal year ending 2025-12-31), up 3918.8% year-over-year The FCF margin was 10.6%. Five-year CAGR stands at -5.6%.

FY2025 Free Cash Flow$34.0M▲ +3918.8% YoY

Trailing 12M (TTM)$22.9Mtrailing 4 quarters sum

FCF Margin10.6%$34.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR-5.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

TBCH · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$35.5M(1M)$34.0M▲ +3918.8%10.6%

FY2024$5.8M(5M)$847,000▼ 96.6%0.2%

FY2023$27.0M(2M)$24.9M▲ +154.8%9.6%

FY2022−$41.8M(4M)−$45.4M▼ 663.2%-18.9%

FY2021−$327,000(6M)−$5.9M▼ 113.1%-1.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

TBCH · P/FCF · FCF yield · FCF per share

Turtle Beach Corporation (TBCH) trades at a FCF yield of -4.88% and a price-to-free-cash-flow ratio of 11.3x. FCF per share stands at $1.13, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

-4.88%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.13

TTM FCF ÷ Shares Outstanding

Price / FCF

x11.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x-20.3

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

TBCH · cash flow statement · operating / investing / financing

For FY2025, Turtle Beach Corporation generated $35.5M in operating cash flow and spent 1M in capital expenditures, yielding $34.0M in free cash flow.

Operating Activities

+$35.5M

Cash from core business operations

2025-12-31

Investing Activities

+$1.1M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$32.6M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($35.5M) − |CapEx| (1M) = FCF ($34.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

TBCH vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Turtle Beach CorporationYOU

TBCH

$34.0M+3918.8%10.6%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Turtle Beach Corporation (TBCH) reported free cash flow of $34.0M for FY2025 (fiscal year ending 2025-12-31), up 3918.8% year-over-year. The FCF margin was 10.6%.

Based on available data, Turtle Beach Corporation has maintained positive free cash flow for at least 4 fiscal year(s). FCF peaked at $45.4M in FY2020. The 5-year CAGR stands at -5.6%.

Turtle Beach Corporation's FCF yield is -4.88% and price-to-FCF ratio is 11.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

TBCH free cash flow · 8 questions

Turtle Beach Corporation free cash flow was $34.0M for FY2025, up 3918.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $22.9M.

TBCH free cash flowTBCH FCFTBCH FCF 2025TBCH free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Turtle Beach Corporation · Turtle Beach Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026