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R&D Expenses for Turtle Beach Corp

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TBCH: Turtle Beach Corp

Turtle Beach Corporation operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. It develops, commercializes, and markets gaming headset solutions for ...

11.38 USD
Price
USD
Fair Value
Upside
9.62 - 19.50
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Turtle Beach Corp's R&D Expenses:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 20240 K10 M20 M30 M40 M

Performance Summary
  • Turtle Beach's latest twelve months r&d expenses is 17.304 million
  • Turtle Beach's r&d expenses for fiscal years ending December 2020 to 2024 averaged 16.664 million.
  • Turtle Beach's operated at median r&d expenses of 17.304 million from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, Turtle Beach's r&d expenses peaked in December 2022 at 19.123 million.
  • Turtle Beach's r&d expenses hit its 5-year low in December 2020 of 12.265 million.
  • Turtle Beach's r&d expenses decreased in 2023 (17.137 million, -10.4%) and increased in 2020 (12.265 million, +56.1%), 2021 (17.49 million, +42.6%), 2022 (19.123 million, +9.3%), and 2024 (17.304 million, +1.0%).

How does Turtle Beach's R&D Expenses benchmark against competitors?

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We've identified the following companies as similar to Turtle Beach Corp because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: R&D Expenses

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rd_exp
Slug
number
Datatype
text
Format
current
Default Period
FY, Q, LTM, YTD
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to R&D Expenses in the financials category include:

  • Total Debt - The sum of all debt and capital lease obligations.
  • Operating Income - Financial metric that measures the profitability of a company's core business operations
  • Other Financing Activities - This item represents all other financing cash flows, not included in any specific data item.
  • General & Admin Expenses - This item represents the general and administrative costs incurred by the company.
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R&D Expenses

An expense arising from studies and product development processes.

Definition of R&D Expenses

Sector Benchmark Analysis

Sector
Industry Group
Industry
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50.935 M550.9 M1.051 B2.037 B2060100

The chart above depicts the distribution of r&d expenses for companies operating in the Information Technology sector in the Developed economic region. Over 1,590 companies were considered in this analysis, and 1,531 had meaningful values. The average r&d expenses of companies in the sector is 76.403 M with a standard deviation of 218.8 M.

Turtle Beach Corp's R&D Expenses of 17.304 M ranks in the 66.4% percentile for the sector. The following table provides additional summary stats:

R&D Expenses In The Information Technology Sector
Economic Risk RegionDeveloped
Total Constituents1,595
Included Constituents1,531
Min12.971 K
Max2.014 B
Median4.598 M
Mean76.403 M
Standard Deviation218.8 M

You can find companies with similar r&d expenses using this stock screener.

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