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| Date | Value |
|---|---|
| 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 |