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% 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 reported Gross Margin for 12 consecutive years, with 54.95% the latest figure, recorded in 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 slipped to 54.95% in Q1 2026 per TPB's latest filing, from 55.91% in the prior quarter.
- Across five years, Gross Margin topped out at 59.19% in Q3 2025 and bottomed at 47.94% in Q4 2022.
- Historically, Gross Margin has averaged 54.72% across 5 years, with a median of 55.91% in 2025.
- Annual changes were most pronounced in 2023 — Gross Margin surged 910 bps — and 2025, when it tumbled 221 bps.
- Turning Point Brands' Gross Margin stood at 47.94% in 2022, then rose by 19 bps to 57.04% in 2023, then dropped by 2 bps to 55.96% in 2024, then declined by 0 bps to 55.91% in 2025, then dropped 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 | 298.83 Bn | 292.83 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | - |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 62.51% |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | 35.41% |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 65.55% |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | 15.86% |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 10.65% |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 80.52% |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | 39.02% |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | 22.89% |
Historic Data
Download 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% |