Turtle Beach vs Transcat
Turtle Beach and Transcat are similar in size: $320m and $332m of revenue in their latest fiscal years. Transcat grew faster (19.2% against -14.2%). Turtle Beach kept more of each dollar of sales as profit: a net margin of 4.9% against 1.6%.
| Latest fiscal year | Turtle BeachTBCH, 2025 | TranscatTRNS, 2026 |
|---|---|---|
| Revenue | $320m | $332m |
| Revenue growth | -14.2% | 19.2% |
| Net income | $15.7m | $5.4m |
| Operating margin | — | 4.0% |
| Net margin | 4.9% | 1.6% |
| Return on equity | 12.6% | 1.8% |
| Free cash flow | $34.0m | $19.6m |
| Cash | $17.0m | $4.9m |
| Total debt | $85.1m | $99.9m |
| Debt to equity | — | 33.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $19.0m | $469,000 |
| Employees | 290 | 1,413 |
| Market value | $282m | $848m |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 39 (Weak) | 39 (Weak) |
| Insider trades, 12 months | 0 buys, 8 sales | 1 buys, 2 sales |