VPR Brands (VPRB) Gross Margin (2020 - 2026)

VPR Brands (VPRB) recorded quarterly Gross Margin of 23.89% in Q1 2026, up 17.22% on a QoQ basis from 20.38% in Q4 2025, and up 22.0% year-over-year from 19.58% in Q1 2025.

VPR Brands (VPRB) Gross Margin (2020 - 2026) Analysis & Trends

VPR Brands has disclosed Gross Margin across 7 years of filings, most recently posting 23.89% for Q1 2026.

  • Quarterly Gross Margin rose 22.0% year-over-year to 23.89% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 29.3% (up 422.0% YoY) and the FY2025 annual result came in at 28.71%, up 171.0% from the prior year.
  • Gross Margin improved to 23.89% in Q1 2026, from 20.38% in the prior quarter.
  • Over five years, Gross Margin peaked at 83.91% in Q3 2023 and troughed at 17.0% in Q1 2023.
  • A 5-year average of 33.06% and a median of 30.08% in 2024 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2023 — Gross Margin surged 4998 bps — and 2024, when it plunged 5384 bps.
  • Tracing VPRB's Gross Margin over 5 years: stood at 24.77% in 2022, then slipped by 11 bps to 22.05% in 2023, then dropped by 18 bps to 18.03% in 2024, then rose by 13 bps to 20.38% in 2025, then increased by 17 bps to 23.89% in 2026.
  • Business Quant data shows VPRB's Gross Margin at 23.89% in Q1 2026, 20.38% in Q4 2025, and 32.89% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn 68.06%
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 64.59%
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 54.95%
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 13.77%
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 31.80%
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn 10.65%
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn 78.26%
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 48.44%
10 VPR Brands - - 138,574.00 23.89%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.89%
Dec 31, 2025 20.38%
Sep 30, 2025 32.89%
Jun 30, 2025 36.86%
Mar 31, 2025 23.67%
Dec 31, 2024 18.03%
Sep 30, 2024 30.08%
Jun 30, 2024 25.52%
Mar 31, 2024 31.40%
Dec 31, 2023 22.05%
Sep 30, 2023 83.91%
Jun 30, 2023 57.35%
Mar 31, 2023 17.00%
Dec 31, 2022 24.77%
Sep 30, 2022 33.94%
Jun 30, 2022 39.92%
Mar 31, 2022 40.38%
Dec 31, 2021 16.32%
Sep 30, 2021 32.52%
Jun 30, 2021 46.43%