Turning Point Brands (TPB) Operating Expenses (2015 - 2026)

Turning Point Brands' (TPB) quarterly Operating Expenses came in at $55.8 million in Q1 2026, up 53.24% year-on-year from $36.4 million in Q1 2025, and up 16.94% on a QoQ basis from $47.7 million in Q4 2025.

Turning Point Brands (TPB) Operating Expenses (2015 - 2026) Analysis & Trends

Turning Point Brands (TPB) has 12 years of Operating Expenses data on file, last reported at $55.8 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 53.24% year-over-year to $55.8 million in Q1 2026; TTM through Mar 2026 was $188.4 million, a 45.19% increase from a year earlier, with the FY2025 full-year figure at $169.0 million, up 38.05% from the prior year.
  • Operating Expenses for Q1 2026 stood at $55.8 million, up from $47.7 million in the prior quarter.
  • Over the last five years, Operating Expenses for TPB reached as high as $55.8 million in Q1 2026 and fell as low as $5.0 million in Q4 2022.
  • Historically, Operating Expenses has averaged $32.7 million across 5 years, with a median of $32.6 million in 2022.
  • Across the five-year window, Operating Expenses sank 84.05% in 2022 and surged 237.43% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $5.0 million in 2022, then surged by 102.93% to $10.2 million in 2023, then jumped by 237.43% to $34.5 million in 2024, then jumped by 38.21% to $47.7 million in 2025, then increased by 16.94% to $55.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $55.8 million in Q1 2026, $47.7 million in Q4 2025, and $44.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Philip Morris International 300.23 Bn 294.78 Bn 6.91 Bn -
2 British American Tobacco p.l.c 133.32 Bn 128.01 Bn - -
3 Altria 121.70 Bn 118.17 Bn 3.51 Bn -
4 RLX Technology 2.50 Bn 1.83 Bn 73.10 Mn -37.64 Mn
5 Turning Point Brands 1.47 Bn 1.43 Bn 68.30 Mn 55.81 Mn
6 Universal 1.35 Bn 1.11 Bn 98.47 Mn 72.37 Mn
7 Ispire Technology 89.38 Mn 71.30 Mn 1.99 Mn 11.47 Mn
8 Rythm 42.81 Mn 9.55 Mn 10.40 Mn 14.43 Mn
9 VPR Brands 11.01 Mn 8.30 Mn 138,574.00 603,041.00
10 Greenlane Holdings 8.50 Mn -29.73 Mn 217,000.00 5.79 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 55.81 Mn
Dec 31, 2025 47.73 Mn
Sep 30, 2025 44.54 Mn
Jun 30, 2025 40.30 Mn
Mar 31, 2025 36.42 Mn
Dec 31, 2024 34.53 Mn
Sep 30, 2024 29.59 Mn
Jun 30, 2024 29.20 Mn
Mar 31, 2024 29.08 Mn
Dec 31, 2023 10.23 Mn
Sep 30, 2023 31.39 Mn
Jun 30, 2023 31.93 Mn
Mar 31, 2023 30.78 Mn
Dec 31, 2022 5.04 Mn
Sep 30, 2022 32.89 Mn
Jun 30, 2022 33.32 Mn
Mar 31, 2022 32.57 Mn
Dec 31, 2021 31.61 Mn
Sep 30, 2021 31.89 Mn
Jun 30, 2021 35.09 Mn