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| 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 |