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
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%