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% year-over-year from $36.4 million in Q1 2025, and up 16.94% quarter-over-quarter from $47.7 million in Q4 2025.
Turning Point Brands (TPB) Operating Expenses (2015 - 2026) Analysis & Trends
Turning Point Brands (TPB) has reported Operating Expenses for 12 consecutive years, with $55.8 million the latest figure, recorded in 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 rose to $55.8 million in Q1 2026 per TPB's latest filing, from $47.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $55.8 million in Q1 2026 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 84.05% — and 2024, when it jumped 237.43%.
- Turning Point Brands' Operating Expenses stood at $5.0 million in 2022, then soared by 102.93% to $10.2 million in 2023, then surged by 237.43% to $34.5 million in 2024, then surged by 38.21% to $47.7 million in 2025, then climbed by 16.94% to $55.8 million in 2026.
- Business Quant data shows TPB's Operating Expenses at $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 | 298.83 Bn | 292.83 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | - |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 21.00 Mn |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | -33.52 Mn |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 76.99 Mn |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | 80.79 Mn |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 11.47 Mn |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 16.60 Mn |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | 3.63 Mn |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | 493,617.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 76.99 Mn |
| 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 |