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

Turning Point Brands (TPB) posted quarterly Operating Expenses of $55.8 million for Q1 2026, up 53.24% YoY from $36.4 million in Q1 2025, and up 16.94% sequentially from $47.7 million in Q4 2025.

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

Turning Point Brands has disclosed Operating Expenses across 12 years of filings, most recently posting $55.8 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 53.24% year-over-year to $55.8 million; the TTM figure through Mar 2026 stood at $188.4 million (up 45.19% YoY), while the FY2025 annual figure was $169.0 million, up 38.05% from the prior year.
  • Operating Expenses improved to $55.8 million in Q1 2026, 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.
  • The 5-year median for Operating Expenses is $32.6 million (2022), against an average of $32.7 million.
  • Annual changes were most pronounced in 2022 — Operating Expenses sank 84.05% — and 2024, when it jumped 237.43%.
  • A 5-year view of Operating Expenses shows it 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 advanced by 16.94% to $55.8 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $55.8 million, $47.7 million, and $44.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn -
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn -37.64 Mn
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn 55.81 Mn
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn 72.37 Mn
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn 11.47 Mn
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn 14.43 Mn
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00 5.79 Mn
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00 603,041.00
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn 2.86 Mn
10 22nd Century 128,296.63 -9.42 Mn -636,000.00 2.40 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