Filing Flows › Turning Point Brands (TPB) › Q3 2026 › vs Q3 2025
Turning Point Brands (TPB) Q3 2026 vs Q3 2025 (year over year)
Turning Point Brands's revenue rose $32.1M (+27%) from $119M in Q3 2025 to $151M in Q3 2026. Gross margin 56.4% against 59.2% (-2.8 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 56.4% | 59.2% | -2.8 pts |
| Operating margin | 6.5% | 21.8% | -15.2 pts |
| Net margin | 2.6% | 17.7% | -15.1 pts |
| Free cash flow margin | 2.3% | -0.6% | +2.9 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $151M | $119M | $32.1M | +27% |
| Gross profit | $85.2M | $70.4M | $14.7M | +21% |
| Cost of revenue | $65.9M | $48.6M | $17.4M | +36% |
| Operating profit | $9.9M | $25.9M | −$16.0M | -62% |
| Operating expenses | $75.3M | $44.5M | $30.8M | +69% |
| Pre-tax earnings | $8.3M | $30.2M | −$22.0M | -73% |
| Other expense, net | $1.6M | −$4.3M | $6.0M | — |
| Net earnings | $3.9M | $21.1M | −$17.1M | -81% |
| Minority interests | $2.9M | $2.7M | $241K | +9% |
| Income tax | $1.4M | $6.5M | −$5.1M | -78% |
| Working capital & other | $1.5M | −$19.7M | $21.1M | — |
| Operating cash flow | $5.4M | $3.3M | $2.1M | +64% |
| Free cash flow (OCF − capex) | $3.5M | −$721K | $4.2M | — |
| Capital expenditures | $1.9M | $4.0M | −$2.1M | -53% |
Questions
How much did Turning Point Brands's revenue grow year over year in Q3 2026?
Turning Point Brands's revenue rose $32.1M (+27%) from $119M in Q3 2025 to $151M in Q3 2026. Gross margin 56.4% against 59.2% (-2.8 pts).