Growth Metrics

Turning Point Brands (TPB) Operating Expenses (2016 - 2025)

Turning Point Brands (TPB) has disclosed Operating Expenses for 11 consecutive years, with $47.7 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 100.21% to $47.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was $169.0 million, a 51.27% increase, with the full-year FY2025 number at $169.0 million, up 38.05% from a year prior.
  • Operating Expenses was $47.7 million for Q4 2025 at Turning Point Brands, up from $44.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $47.7 million in Q4 2025 to a low of $5.0 million in Q4 2022.
  • A 5-year average of $30.8 million and a median of $31.8 million in 2021 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: crashed 84.05% in 2022, then soared 132.94% in 2024.
  • Turning Point Brands' Operating Expenses stood at $31.6 million in 2021, then plummeted by 84.05% to $5.0 million in 2022, then soared by 102.93% to $10.2 million in 2023, then surged by 132.94% to $23.8 million in 2024, then soared by 100.21% to $47.7 million in 2025.
  • Per Business Quant, the three most recent readings for TPB's Operating Expenses are $47.7 million (Q4 2025), $44.5 million (Q3 2025), and $40.3 million (Q2 2025).