Filing Flows › Turning Point Brands (TPB) › How it makes money
How Turning Point Brands (TPB) makes money
Turning Point Brands (TPB) made $143M of revenue in the second quarter 2026 (Q2 2026), +23% from a year earlier. Of every dollar of revenue, 66¢ was left as gross profit, 12¢ was left as operating profit, 3¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $143M | 100.0% |
| Cost of revenue | $49.3M | 34.5% |
| Gross profit | $93.7M | 65.5% |
| Operating expenses | $77.0M | 53.9% |
| Operating profit | $16.7M | 11.7% |
| Income tax | $3.7M | 2.6% |
| Net earnings | $3.6M | 2.5% |
| Operating cash flow | $26.3M | 18.4% |
| Free cash flow | $26.2M | 18.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $143M | +23% |
| Q1 2026 | $124M | +17% |
| Q4 2025 | $121M | +29% |
| Q3 2025 | $119M | +31% |
| Q2 2025 | $117M | +25% |
| Q1 2025 | $106M | +28% |
| Q4 2024 | $93.7M | +13% |
From Turning Point Brands' 10-Q filed Aug 4, 2026 (on EDGAR).
Questions
How does Turning Point Brands make money?
Turning Point Brands (TPB) made $143M of revenue in the second quarter 2026 (Q2 2026), +23% from a year earlier. Of every dollar of revenue, 66¢ was left as gross profit, 12¢ was left as operating profit, 3¢ was left as net earnings.
What is Turning Point Brands' profit margin?
Net earnings were $3.6M, 2.5% of revenue, in the second quarter 2026; the operating margin was 11.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.