Turning Point Brands (TPB) Gross Margin (2015 - 2026)
Turning Point Brands' (TPB) quarterly Gross Margin came in at 65.55% in Q2 2026, up 842.0% year-over-year from 6.96% in Q2 2025, and up 19.27% quarter-over-quarter from 54.95% in Q1 2026.
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Turning Point Brands (TPB) Gross Margin (2015 - 2026) Analysis & Trends
Turning Point Brands (TPB) has reported Gross Margin for 12 consecutive years, with 65.55% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 842.0% year-over-year to 65.55% in Q2 2026; TTM through Jun 2026 was 59.16%, a 294.0% increase from a year earlier, with the FY2025 full-year figure at 57.08%, up 119.0% from the prior year.
- Gross Margin was 65.55% for Q2 2026 at Turning Point Brands, up from 54.95% in the prior quarter.
- Over five years, Gross Margin peaked at 65.55% in Q2 2026 and troughed at 47.94% in Q4 2022.
- A 5-year average of 55.32% and a median of 55.93% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 910 bps in 2023 and plunged 221 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 47.94% in 2022, then grew by 19 bps to 57.04% in 2023, then decreased by 2 bps to 55.96% in 2024, then slipped by 0 bps to 55.91% in 2025, then grew by 17 bps to 65.55% in 2026.
- The last three Gross Margin figures came in at 65.55% (Q2 2026), 54.95% (Q1 2026), and 55.91% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 284.46 Bn | 280.39 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - | - |
| 3 | Altria | 115.00 Bn | 112.68 Bn | 3.82 Bn | 62.51% |
| 4 | RLX Technology | 2.79 Bn | 2.09 Bn | 52.74 Mn | 35.41% |
| 5 | Turning Point Brands | 1.51 Bn | 1.26 Bn | 93.70 Mn | 65.55% |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 | 22.89% |
| 7 | 22nd Century | 512,640.46 | -5.55 Mn | -293,000.00 | -10.23% |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 | 52.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.55% |
| Mar 31, 2026 | 54.95% |
| Dec 31, 2025 | 55.91% |
| Sep 30, 2025 | 59.19% |
| Jun 30, 2025 | 57.12% |
| Mar 31, 2025 | 56.01% |
| Dec 31, 2024 | 55.96% |
| Sep 30, 2024 | 55.56% |
| Jun 30, 2024 | 54.06% |
| Mar 31, 2024 | 58.21% |
| Dec 31, 2023 | 57.04% |
| Sep 30, 2023 | 56.55% |
| Jun 30, 2023 | 56.04% |
| Mar 31, 2023 | 55.40% |
| Dec 31, 2022 | 47.94% |
| Sep 30, 2022 | 48.90% |
| Jun 30, 2022 | 50.01% |
| Mar 31, 2022 | 51.34% |
| Dec 31, 2021 | 47.81% |
| Sep 30, 2021 | 49.38% |