Turtle Beach Corporation · NASDAQ:TBCH
Turtle Beach — Q3 2026 Earnings Presentation
21 slides from Turtle Beach's earnings presentation, Nov 5, 2026
Slide 1: Earnings Presentation Third Quarter 2026
TM CORPORATION EARNINGS PRESENTATION THIRD QUARTER 2026
Slide 2: Safe Harbor Statement & Important Information
SAFE HARBOR STATEMENT TM & IMPORTANT INFORMATION Forward-Looking Information and Statements This presentation, includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this presentation, statements in this p
Slide 3: Third Quarter 2026 Financial Overview
THIRD QUARTER 2026 TM FINANCIAL OVERVIEW $ Millions Q3 Q3 Revenue of $84.7M (except per -share data) 2026 2025 ▪ Return to growth, up 5.3% YoY ▪ Driven by strong performance in wireless headsets and new products Revenue $84.7 $80.5 Gross Margin of 34.9% ▪ Reflects product mix and higher promotional,
Slide 4: Gaming Brand of the Year: Turtle Beach
Gaming Brand of the Year: Turtle Beach A continued focus on brand building and product innovation is resonating with consumers. Turtle Beach was recently recognized with seven TechRadar Readers’ Choice Awards, including Gaming Brand of the Year, along with honors across Awarded Oct 2026 headset, con
Slide 5: Turtle Beach Third Quarter 2026 Overview
TURTLE BEACH THIRD QUARTER 2026 OVERVIEW TOP SELLING PRODUCTS #1 THIRD-PARTY #1 IN Q3 IN THE GAMING PERIPHERALS NINTENDO MARKET US RETAIL SALES FOR CONTROLLER SHARE POSITION IN Q3 LEADING SHARE GAMING HEADSETS IN THE US & 3RD PARTY EXPANDED GAMING GAMEPADS PRODUCT PIPELINE WITH HEADSET MARKET SIGNIF
Slide 6: Unlocking Potential in the $11.2 Billion Accessories Market
UNLOCKING POTENTIAL IN THE $11.2 BILLION ACCESSORIES MARKET STRENGHTENING TURTLE BEACH’S POSITION AS A LEADING 3 RD PARTY GAMING ACCESSORIES MAKER HEADSETS HEADSETS CONTROLLERS PC PERIPHERALS SIMULATION $2.9B $ 3 .0 B $ 3 .9B $ 1.4 B Market Market Market Market Continue Leadership Leadership in in G
Slide 7: Long-Term Growth Remains the Guiding Principle
LONG -TERM GROWTH REMAINS TM THE GUIDING PRINCIPLE 2026 Guidance Net Revenue Adj. EBITDA Guidance assumes a return to growth for $335M – $355M $44M – $48 M gaming accessories markets in 2026 and positive momentum for Turtle Beach - Expanded product pipeline - - Brand transformation underway - Long -
Slide 8: Balance Sheet Summary
BALANCE SHEET SUMMARY Balance Sheet Highlights $ Millions As of September 30th, 2026 Cash & Cash Equivalents $11.2 Inventory $79.8 R evolving Credit Facility $0.0 Term Loan $82.9 Net Debt (debt less cash) $71.7 In April 2026, Turtle Beach refinanced credit facilities to enhance capital return flexib
Slide 9: GAAP Net Income to Adjusted EBITDA Reconciliation
GAAP NET INCOME TO ADJUSTED TM EBITDA RECONCILIATION THIRD QUARTER 2026 COMPARED TO 2025 Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, (in thousands) 2026 2025 2026 2025 Net Income / (Loss) $4,386 $1,717 ($18,131) ($1,878) Interest expense, net 2,707 3,
Slide 10: New Products & Highlights
NEW PRODUCTS & HIGHLIGHTS 10
Slide 11: Stealth Pro II: A Legacy of Audio
STEALTH PRO II: A LEGACY OF AUDIO FLAGSHIP HEADSET FOR GAMING & BEYOND Gaming Device of the Year Best Tech Gifts 2026: The Smartest Gadgets Worth Giving (And Getting) Launched: May 17, 2026 11
Slide 12: Pacific Skyline
CONFIDENTIAL PACIFIC SKYLINE COASTAL STYLE. GAMING READY. “Turtle Beach is breaking “I tested Turtle Beach’s the mold with the Pacific Skyline Controller.” newest controller, and I can’t imagine using anything else for GTA 6.“ Pacific Skyline Best Gaming Controller Controller Launched: May 15, 2026
Slide 13: Stealth Ultra II
STEALTH ULTRA II FLAGSHIP CONTROLLER GETS A MAJOR UPGRADE Windows Central Insider “Turtle Beach seems to have focused on some serious, meaningful hardware upgrades this time around.” “The PDP acquisition is paying off with this controller through innovation and upgrades.” Pre - Order: Oct 20, 2026 L
Slide 14: Minecraft Dungeons II Collection
MINECRAFT DUNGEONS II COLLECTION EXCLUSIVE GAMING PERIPHERAL PARTNER OF MOJANG GAMESPACE "Turtle Beach is giving players a few new ways to take their block -building Launched: Sept 26, 2026 adventures into the real world." 14
Slide 15: Fortnite Collection
FORTNITE COLLECTION FROM CASUAL PLAY TO GAME NIGHT LEGENDS "One of the best controllers we've "Kevin the Cube is one of the best - tested so far is getting a full looking wireless Switch 2 pads I've Fortnite makeover" seen so far." Launched: Oct 8, 2026 15
Slide 16: Switch 2 Just Got an Expansion
SWITCH 2 JUST GOT AN EXPANSION TM FROM CASUAL PLAY TO GAME NIGHT LEGENDS REMATCH® WIRELESS Iconic character designs illuminate with unique RGB lighting! TM PLAYTREK TRAVEL CASE Matching case designs letting you game and travel in style! Launch: August 6, 2026 16
Slide 17: VelocityOne H.O.T.A.S. and Sim Mount: Take Flight
VELOCITYONE H.O.T.A.S. AND SIM MOUNT: TAKE FLIGHT TM SERIOUS ENGINEERING, FOR SERIOUS FUN THE XBOX ® HUB HEADLINE "These latest products represent another significant step forward - designed to appeal to both newcomers and dedicated simulation enthusiasts" Launch: Sep 21, 2026 17
Slide 18: PC Gaming Controllers
PC GAMING CONTROLLERS EXPERIENCE THE FUN WITH STEALTH FLIP & REMATCH ® Stealth Flip Rematch ® Innovative Flip - to - Customizable RGB Lighting Touchpad Technology TMR Sticks Hall - Effect Sticks Both Launched: Oct 27, 2026 18
Slide 19: Command Series: Your Command. Your Control.
COMMAND SERIES: YOUR COMMAND. YOUR CONTROL. TOTAL CONTROL FOR PC GAMING MC5 MC7 MC7 MC3 Gaming Innovation of the Year Launched: Aug 30, 2026 19
Slide 20: Vulcan II XP & XP Air
VULCAN II XP & XP AIR PREMIUM WIRED & WIRELESS GAMING KEYBOARDS Vulcan II XP Air Wireless Gaming Keyboard Vulcan II XP Wired Gaming Keyboard Launch: Oct 25, 2026 20
Slide 21: Contacts
CONTACTS Investor Information: Corporate Communications ICR & Media: TBCH@icrinc.com Kim DeNapoli SVP, Head of Brand Turtle Beach Corporation kim.denapoli@turtlebeach.com 21