Turning Point Brands (TPB) Gross Margin (2015 - 2026)
Turning Point Brands (TPB) posted quarterly Gross Margin of 54.95% for Q1 2026, down 105.0% YoY from 1099.07% in Q1 2025, and down 1.7% sequentially from 55.91% in Q4 2025.
Turning Point Brands (TPB) Gross Margin (2015 - 2026) Analysis & Trends
Turning Point Brands has disclosed Gross Margin across 12 years of filings, most recently posting 54.95% for Q1 2026.
- In Q1 2026, Gross Margin fell 105.0% year-over-year to 54.95%; the TTM figure through Mar 2026 stood at 56.77% (up 135.0% YoY), while the FY2025 annual figure was 57.08%, up 119.0% from the prior year.
- Gross Margin retreated to 54.95% in Q1 2026, from 55.91% in the prior quarter.
- Over the last five years, Gross Margin for TPB reached as high as 59.19% in Q3 2025 and fell as low as 47.94% in Q4 2022.
- The 5-year median for Gross Margin is 55.91% (2025), against an average of 54.72%.
- Annual changes were most pronounced in 2023 — Gross Margin surged 910 bps — and 2025, when it sank 221 bps.
- A 5-year view of Gross Margin shows it stood at 47.94% in 2022, then increased by 19 bps to 57.04% in 2023, then slipped by 2 bps to 55.96% in 2024, then dropped by 0 bps to 55.91% in 2025, then slipped by 2 bps to 54.95% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 54.95%, 55.91%, and 59.19% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 64.59% |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | 31.80% |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 54.95% |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 13.77% |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | 10.65% |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 78.26% |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | 48.44% |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 23.89% |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | -18.63% |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 | -15.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 48.90% |