Turning Point Brands (TPB) Gross Margin (2015 - 2026)
Turning Point Brands (TPB) reported Gross Margin of 54.95% for Q1 2026, down 105.0% year-over-year from 1099.07% in Q1 2025, and down 1.7% quarter-over-quarter from 55.91% in Q4 2025.
Turning Point Brands (TPB) Gross Margin (2015 - 2026) Analysis & Trends
Turning Point Brands (TPB) has 12 years of Gross Margin data on file, last reported at 54.95% in Q1 2026.
- Gross Margin for Q1 2026 came in at 54.95%, down 105.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 56.77% (up 135.0% YoY), and the FY2025 annual result was 57.08%, up 119.0% from the prior year.
- Gross Margin declined to 54.95% in Q1 2026 per TPB's latest filing, from 55.91% in the prior quarter.
- Over five years, Gross Margin peaked at 59.19% in Q3 2025 and troughed at 47.94% in Q4 2022.
- A 5-year average of 54.72% and a median of 55.91% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin surged 910 bps in 2023, then tumbled 221 bps in 2025.
- 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.
- Business Quant data shows TPB's Gross Margin at 54.95% in Q1 2026, 55.91% in Q4 2025, and 59.19% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | 68.06% |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 64.59% |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | 54.95% |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 13.77% |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | 31.80% |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | 10.65% |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 78.26% |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | 48.44% |
| 10 | 22nd Century | 2.50 Mn | -7.04 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% |