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
DateValue
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%