Turtle Beach Corp balance sheet

At the end of fiscal 2025, Turtle Beach Corp had total assets of $269m, total liabilities of $141m and shareholders' equity of $128m. It held $17.0m in cash against $85.1m of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Turtle Beach Corp: balance sheet, annual
Fiscal year	2010Sept 2010	2011Sept 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	—	—	5	7	8	7	5	5	7	8	47	38	11	19	13	17	20
Receivables	—	—	0	49	61	57	55	51	53	45	44	36	43	54	93	77	38
Inventory	0	0	0	50	38	26	22	28	49	46	71	102	71	44	71	69	57
Total current assets	0	1	5	113	118	95	87	87	114	103	170	193	135	125	188	174	125
Goodwill	—	—	—	0	81	31	0	0	0	9	8	11	11	11	53	50	50
Total assets	1	1	7	127	247	172	95	94	122	131	203	231	163	150	299	269	215
Accounts payable	0	0	0	44	36	18	12	13	18	23	43	40	20	27	35	25	28
Total current liabilities	1	0	0	111	89	69	67	68	74	65	79	78	64	56	124	88	53
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1	9	4
Long-term debt	—	—	—	10	6	28	28	28	0	—	—	—	—	—	46	46	76
Total debt	0	0	0	104	81	97	103	109	75	—	0	0	19	0	98	85	84
Total liabilities	—	—	—	138	116	116	115	116	84	68	87	89	74	65	178	141	134
Shareholders' equity	0	1	6	−35	131	57	−21	−22	37	63	116	141	89	85	121	128	81
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	24	—	—	—	—	—	—	—	—	—	—	—	—	—
Shares outstanding	—	—	—	—	—	—	—	12m	14m	14m	15m	16m	17m	18m	20m	19m	18m

US$ millions unless shown otherwise. Fiscal quarters.

Turtle Beach Corp: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	71	93	42	36	57	77	30	38
Inventory	102	71	74	77	95	69	64	57
Total current assets	196	188	142	138	178	174	118	125
Goodwill	57	53	50	50	50	50	50	50
Total assets	313	299	247	240	278	269	210	215
Accounts payable	66	35	40	34	47	25	21	28
Total current liabilities	156	124	72	75	112	88	48	53
Short-term debt	—	1	1	2	9	9	9	4
Long-term debt	46	46	46	40	48	46	44	76
Total debt	46	47	47	42	57	55	53	81
Total liabilities	211	178	126	123	168	141	98	134
Shareholders' equity	102	121	121	117	111	128	112	81
Shares outstanding	20m	20m	20m	20m	19m	19m	20m	18m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Turtle Beach Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Turtle Beach Corp.