Turtle Beach designs and sells gaming accessories, and has led the U.S. console gaming headset market for 16 consecutive years. Headsets remain the core product, spanning entry-level (~$30) to ultra-premium ($650+) price points across all major platforms — Xbox, PlayStation, Nintendo, PC, and mobile. Key lines include the Stealth 700, Stealth 600, and the Recon 70, the best-selling wired gaming headset globally. Beyond headsets, Turtle Beach has expanded into controllers, PC peripherals (under the ROCCAT brand), and simulation accessories (flight and racing). The March 2024 acquisition of PDP significantly scaled the controller business, adding licensed properties and brand relationships across all three major console platforms. Management expects non-headset categories to grow toward 40–50% of revenue over time. Turtle Beach sells primarily through major retailers — Walmart, Amazon, and Best Buy each account for 14–28% of gross sales, with the top four customers representing ~66% of gross sales collectively — across more than 40 countries and 475K points of distribution. Revenue is driven by unit volume and ASP, with gross margins targeted in the mid- to high 30% range. The business is highly seasonal, with more than 45% of revenue occurring September through December. Manufacturing is fully outsourced, primarily to Vietnam. Growth catalysts include console refresh cycles, major game launches (GTA 6, Call of Duty), and the Nintendo Switch 2 launch in June 2025.