Turning Point Brands (TPB) Gross Margin (2015 - 2026)
Turning Point Brands' (TPB) quarterly Gross Margin came in at 54.95% in Q1 2026, down 105.0% year-on-year from 1099.07% in Q1 2025, and down 1.7% on a QoQ basis 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.
- On a quarterly basis, Gross Margin fell 105.0% year-over-year to 54.95% in Q1 2026; TTM through Mar 2026 was 56.77%, a 135.0% increase from a year earlier, with the FY2025 full-year figure at 57.08%, up 119.0% from the prior year.
- Gross Margin for Q1 2026 stood at 54.95%, down 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.
- Historically, Gross Margin has averaged 54.72% across 5 years, with a median of 55.91% in 2025.
- Across the five-year window, Gross Margin soared 910 bps in 2023 and sank 221 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 47.94% in 2022, then advanced by 19 bps to 57.04% in 2023, then fell by 2 bps to 55.96% in 2024, then retreated by 0 bps to 55.91% in 2025, then fell by 2 bps to 54.95% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 54.95% in Q1 2026, 55.91% in Q4 2025, and 59.19% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 68.06% |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 64.59% |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | 31.80% |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | 54.95% |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 13.77% |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | 10.65% |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | 78.26% |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | 23.89% |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | 48.44% |
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% |