Filing Flows › Turning Point Brands (TPB) › Q3 2026 › vs Q2 2026
Turning Point Brands (TPB) Q3 2026 vs Q2 2026 (quarter over quarter)
Turning Point Brands's revenue rose $8.1M (+6%) from $143M in Q2 2026 to $151M in Q3 2026. Gross margin 56.4% against 65.5% (-9.2 pts).
Turning Point Brands, Q3 2026: revenue $151M (+27% year over year), operating margin 6.5%, net earnings $3.9M, operating cash flow $5.4M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 56.4% | 65.5% | -9.2 pts |
| Operating margin | 6.5% | 11.7% | -5.2 pts |
| Net margin | 2.6% | 2.5% | +0.1 pts |
| Free cash flow margin | 2.3% | 18.4% | -16.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $151M | $143M | $8.1M | +6% |
| Gross profit | $85.2M | $93.7M | −$8.5M | -9% |
| Cost of revenue | $65.9M | $49.3M | $16.7M | +34% |
| Operating profit | $9.9M | $16.7M | −$6.8M | -41% |
| Operating expenses | $75.3M | $77.0M | −$1.7M | -2% |
| Pre-tax earnings | $8.3M | $14.0M | −$5.7M | -41% |
| Other expense, net | $1.6M | $2.7M | −$1.1M | -41% |
| Net earnings | $3.9M | $3.6M | $332K | +9% |
| Minority interests | $2.9M | $6.7M | −$3.8M | -56% |
| Income tax | $1.4M | $3.7M | −$2.3M | -62% |
| Working capital & other | $1.5M | $20.0M | −$18.6M | -93% |
| Operating cash flow | $5.4M | $26.3M | −$20.9M | -80% |
| Free cash flow (OCF − capex) | $3.5M | $26.2M | −$22.7M | -87% |
| Capital expenditures | $1.9M | $88K | $1.8M | 21× |
Questions
How much did Turning Point Brands's revenue grow quarter over quarter in Q3 2026?
Turning Point Brands's revenue rose $8.1M (+6%) from $143M in Q2 2026 to $151M in Q3 2026. Gross margin 56.4% against 65.5% (-9.2 pts).