Filing Flows › Turning Point Brands (TPB) › Q1 2026 › vs Q1 2025
Turning Point Brands (TPB) Q1 2026 vs Q1 2025 (year over year)
Turning Point Brands's revenue rose $17.8M (+17%) from $106M in Q1 2025 to $124M in Q1 2026. Gross margin 55.0% against 56.0% (-1.1 pts).
Turning Point Brands, Q1 2026: revenue $124M (+17% year over year), operating margin 10.0%, net earnings $11.7M, operating cash flow −$22.3M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Gross margin | 55.0% | 56.0% | -1.1 pts |
| Operating margin | 10.0% | 21.8% | -11.7 pts |
| Net margin | 9.4% | 13.5% | -4.1 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $124M | $106M | $17.8M | +17% |
| Gross profit | $68.3M | $59.6M | $8.7M | +15% |
| Cost of revenue | $56.0M | $46.8M | $9.2M | +20% |
| Operating profit | $12.5M | $23.2M | −$10.7M | -46% |
| Operating expenses | $55.8M | $36.4M | $19.4M | +53% |
| Pre-tax earnings | $11.1M | $17.8M | −$6.7M | -38% |
| Other expense, net | $1.4M | $5.4M | −$4.0M | -75% |
| Income tax benefit | $2.8M | −$2.0M | $4.8M | — |
| Net earnings | $11.7M | $14.4M | −$2.7M | -19% |
| Minority interests | $2.3M | $1.4M | $879K | +63% |
| Operating cash sources | $36.9M | −$1.4M | $38.2M | — |
| Share-based compensation | $2.9M | $1.7M | $1.3M | +77% |
| Cash used in operations | $22.3M | −$17.4M | $39.7M | — |
| Working capital & other | $36.9M | −$1.4M | $38.2M | — |
Questions
How much did Turning Point Brands's revenue grow year over year in Q1 2026?
Turning Point Brands's revenue rose $17.8M (+17%) from $106M in Q1 2025 to $124M in Q1 2026. Gross margin 55.0% against 56.0% (-1.1 pts).