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"Our vision for what creator audio should be" - Elgato launches Wave Next, a new generation of powerful audio hardware with software that's free for everyone

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By Duncan Robertson published 4 March 2026

The new range includes five new audio tools for content creators

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.

A side-by-side image of the Elgato Wave XLR MK.2 and the new Wave Link software's mixing table
(Image credit: Elgato)
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Elgato has launched a brand new range of audio products for content creators which includes five new pieces of hardware, and an update to its audio software, Wave Link which makes it free for all. One of the hardest parts of assembling a live streaming setup for gaming is finding something that will let you configure your audio sources and manage them on the fly.

Elgato's Stream Deck and Stream Deck+ have always been go-to options, but with the arrival of Wave Next, it feels like the first time this brand is properly leaning into helping content creators master audio. While there are a few different streaming mixers out there, the market still feels like it's in need of more, especially when the GO:XLR is in its end of life phase, and alternatives like the RodeCaster Duo are so expensive. Elgato has kicked off its Wave Next range with three new audio interfaces, the Wave XLR MK.2 Pro, the Wave XLR Pro, and the XLR Dock MK.2 for the Stream Deck+.

Then, there's a new USB microphone for streaming and gaming; the Wave 3 MK.2, a refresh of the popular Elgato Wave 3. Lastly, there's a new Stream Deck hitting the scene, and it's plus-size, the Elgato Stream Deck+ XL. Elgato has also launched the new hardware alongside an update to its Wave Link software which makes it free and available for everyone to use. Let's dive a little deeper on each product and see what they all do.

A reveal image of the Elgato Wave 3 MK.2 in front of a grey wall

(Image credit: Elgato)
Elgato Wave 3 MK.2 | $169.99 at Elgato

Elgato Wave 3 MK.2 | $169.99 at Elgato
This is a little beyond the price of most USB mics designed for streaming and gamers today, but it is available in the US immediately from Elgato's own retail website. For context, other USB mics cost around the $130-$150 mark.

View Deal

Starting with the microphone, the Elgato Wave 3 MK.2 has been made in partnership with Lewitt, and audio company well known for its studio microphones. It's a USB mic with a cardioid pickup pattern, and while it looks similar on the inside to the original Wave 3, it's hiding a few tricks on the inside.

The MK.2 has Elgato's new WaveFX chip inside it, which gives you processing power on the device level with "no CPU load". With that, you get ClipGuard 2.0 to prevent any audio distortion from being too loud, five DSP effects, and more all within the mic itself, without the need for an interface. Its customizable LED ring will tell you gain levels and let you control things, but there's also an autogain wizard that will find the right pickup strength for your voice and the room you're recording in.

An Elgato Wave XLR MK.2 on a gaming desk

(Image credit: Elgato)
Elgato Wave XLR MK.2 | $169.99 at Elgato

Elgato Wave XLR MK.2 | $169.99 at Elgato
Available for the same price as the new microphone, and the same price as the original Wave XLR, it does make sense that this product refresh was coming seeing as the original has been unavailable for a while now.

View Deal

Next up is the Wave XLR MK.2, which is a fairly simplistic audio interface for creators utilizing one XLR mic input for their stream. That brings all the benefits of the WaveFX processor to any XLR mic you might already own, with an overview citing benefits for the popular Shure SM7B if you don't own its pre-amped version, the Shure SM7dB.

It can deliver up to +80dB of gain, which is, for reference, up from what Shure offers with its new MVX2U Gen 2 that was also announced yesterday. Again, the Wave XLR MK.2 has access to autogain wizard though, so you might not really need to adjust things too much if you use that feature.

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Another customizable LED ring around the central dial will let you adjust input gain for your mic. This clicks in and can switch between controlling different aspects of your mic's WaveFX settings. On the top of it there's a capacitive mute button, so all you need to do to mute your XLR mic is give the top of the interface a quick tap.

Other than that though, I'm not all that impressed with the onboard controls of the Wave XLR MK.2. It seems from the overview videos that to actually control all of your newly configured WaveLink sources and mixing tables, you'll still need to invest in a Stream Deck+ with clickable keys and turning dials. For a true MK.2 of this device, I'd really have liked to see more ways to control things with that one device to warrant its price a little more.

I'm not quite sure without hands-on time if you can configure the central dial on the Wave XLR to control individual sources, but it sure does seem as though you'll need a Stream Deck+ too if you want to control other audio sources than your microphone.

The back of the Elgato XLR Dock ML.2 showing its connection ports

(Image credit: Elgato)
Elgato XLR Dock MK.2 | $129.99 at Elgato

Elgato XLR Dock MK.2 | $129.99 at Elgato
A bit more affordable if you already own the Stream Deck+ and plan to use that to control your audio sources, the XLR Dock will slot right into the back of your Stream Deck. In my eyes, this is maybe the better investment, and you can bundle in XLR cables and the Stream Deck+ if you don't have it already.

View Deal

With that in mind, your best option might actually be the XLR Dock MK.2 for Stream Deck+, which is an add on that will give you the same kind of XLR connectivity for the stream controller you might already own. This is going to let you control a lot more, and configure those controls in a way that likely suits you and your setup's various bells and whistles more easily.

An Elgato Wave XLR Pro on a darker background

(Image credit: Elgato)
Elgato Wave XLR Pro | $349 at Elgato

Elgato Wave XLR Pro | $349 at Elgato
This seems to be the only product in the new range that isn't commercially available to all yet. It does cost around $100 less than the RodeCaster Duo at this price though. You can still visit the Elgato retail site and hit the "get early access" button to find out more about availability.

View Deal

If you're wanting a bit more audio controlling power, the Elgato XLR Pro might be the best option, but again, it's missing some onboard controls to really make it a match for something like the RodeCaster Duo.

The XLR Pro has dual XLR inputs, dual 3.5mm headphone jacks (both of which will make it great for podcasters), dual USB-C ports for multiple devices, and a line in and line out port as well. All in all, it has a 5-mix, 12-channel hardware mixer that will give you WaveFX processing on board.

There's a lot of power and versatility offered here, especially for creators who need to route audio from a PC and console, or from two PCs. I'd be interested to know if there's the capability to use two different USB sources for one PC though, like you can with the RodeCaster Duo, so you can manage even more audio sources from one device.

But again, a lack of physical buttons, dials, and faders on the XLR Pro means you're going to need to invest in a Stream Deck+ to really feel like you can control it all if you don't want to use a mouse and keyboard within the Wave Link software. That's really less than ideal for the price of all of this gear.

A reveal image of the Elgato Steam Deck+ XL

(Image credit: Elgato)
Elgato Stream Deck+ XL | $349.99 at Elgato

Elgato Stream Deck+ XL | $349.99 at Elgato
Last, but certainly not least, is the latest iteration of the Stream Deck, which gives you a massive expansion of functions. I personally think this might be overkill for the majority of at-home creators, but depending on the content you make and how you control it all, it might be a worthwhile investment.

View Deal

The last, more surprising addition to the Wave Next is the Stream Deck+ XL, which has a slightly silly 36 keys, six twisting knobs, and an elongated touchbar, all of which is configurable to how you like to set it up.

A screengrab of the reworked Elgato Wave Link software

(Image credit: Elgato)

And alongside all of that, Elgato has updated its Wave Link software which has now been "rebuilt from the ground up". You can now make five independent mixes, each with eight channels in them, and a potential four Wave devices. The software will let you add mic effects or EQs to any source, and there looks to be a whole library of mixing tables and effects for you to really dive deep into.

All that, and it's free for everyone to use for the very first time. Until now, you've had to own a Wave mic or some other Elgato hardware to get access to Wave Link, but it now joins the likes of the BEACN mixing software and SteelSeries Sonar as a free and accessible audio app for all PC users.

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Duncan Robertson
Duncan Robertson
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Hardware Editor

One of my earliest memories is playing SuperMario64 and wondering why the controller I held had three grips, but I only had two hands. Ever since I've been in love with video games and their technology. After graduating from Edinburgh Napier University with a degree in Journalism, I contributed to the Scottish Games Network and completed an Editorial Internship at Expert Reviews. Over the last decade, I’ve been managing my own YouTube channel about my love of games too. These days, I'm one of the resident hardware nerds at GamesRadar+, and I take the lead on our coverage of gaming PCs, VR, controllers, gaming chairs, and content creation gear. Now, I better stop myself here before I get talking about my favourite games like HUNT: Showdown, Dishonored, and Towerfall Ascension.

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