Turtle Beach (HEAR) Revenue Growth

Price: $17.8
Market Cap: $357.41M
Avg Volume: 93.77K
Country: US
Industry: Consumer Electronics
Sector: Technology
Beta: 2.062
52W Range: $9.85-19.305
Website: Turtle Beach

What is Turtle Beach's Revenue Growth?

  • Turtle Beach's annual revenue growth as of FY 2023 is 7.48%.
  • Turtle Beach's quarterly revenue growth as of Q3 2024 is 23.39%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess Turtle Beach's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $258.12M
    • Quarterly: $94.36M
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $182.62M
    • Quarterly: $60.23M
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: -4.38%
    • Quarterly Growth: 8.45%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $75.50M
    • Quarterly: $34.13M
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: 53.50%
    • Quarterly Growth: 63.01%

These metrics provide insights into Turtle Beach's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

7.48%

Quarterly Revenue Growth

23.39%

Historical Annual Revenue Growth
40000.00%40000.00%32000.00%32000.00%24000.00%24000.00%16000.00%16000.00%8000.00%8000.00%0.00%0.00%-8000.00%-8000.00%Revenue Growth (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue Growth
128.88%128.88%69.58%69.58%10.28%10.28%-49.01%-49.01%Revenue Growth (Quarterly)Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24
Historical Annual Revenue
$450.00M$450.00M$360.00M$360.00M$270.00M$270.00M$180.00M$180.00M$90.00M$90.00M$0.00$0.00Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue
$150.00M$150.00M$120.00M$120.00M$90.00M$90.00M$60.00M$60.00M$30.00M$30.00M$0.00$0.00Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Cost of Revenue
$240.00M$240.00M$180.00M$180.00M$120.00M$120.00M$60.00M$60.00M$0.00$0.00Cost of Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Cost of Revenue
$100.00M$100.00M$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.00Cost of Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Gross Profit
$150.00M$150.00M$120.00M$120.00M$90.00M$90.00M$60.00M$60.00M$30.00M$30.00M$0.00$0.00Gross Profit (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Gross Profit
$50.00M$50.00M$40.00M$40.00M$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00Gross Profit (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024

Turtle Beach Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2023 $258.12M 7.48% $182.62M -4.38% $75.50M 53.50%
2022 $240.17M -34.44% $190.98M -19.75% $49.19M -61.69%
2021 $366.35M 1.74% $237.97M 5.15% $128.38M -4.04%
2020 $360.09M 53.45% $226.31M 45.11% $133.79M 69.97%
2019 $234.66M -18.36% $155.95M -12.75% $78.71M -27.59%
2018 $287.44M 92.74% $178.74M 82.14% $108.70M 113.12%
2017 $149.13M -14.28% $98.13M -25.30% $51.00M 19.70%
2016 $173.98M 6.90% $131.37M 7.63% $42.61M 4.72%
2015 $162.75M -12.58% $122.06M -9.93% $40.69M -19.69%
2014 $186.18M 32974.32% $135.51M 46254.96% $50.67M 18625.82%

Related Metrics

Explore detailed financial metrics and analysis for HEAR.