Turning Point Brands, Inc. (TPB) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 124.28M | 121.01M | 118.98M | 116.63M | 106.44M | 93.67M | 90.7M | 93.22M | 83.06M | 97.12M | 100.72M | 104.39M | 99.76M | 103.39M | 107.8M | 102.92M | 100.89M | 105.28M | 109.9M | 122.64M |
| Revenue Growth % | 16.76% | 29.19% | 31.17% | 25.11% | 28.14% | -3.56% | -9.95% | -10.7% | -16.73% | -6.07% | -6.57% | 1.43% | -1.13% | -1.8% | -1.91% | -16.08% | -6.27% | -0% | 5.5% | 16.84% |
| Cost of Goods Sold | 55.98M | 53.36M | 48.55M | 50.01M | 46.83M | 41.25M | 40.31M | 42.83M | 34.71M | 46.6M | 49.1M | 51.92M | 51.14M | 53.83M | 55.09M | 51.46M | 49.1M | 54.95M | 55.63M | 62.67M |
| COGS % of Revenue | 45.05% | 44.09% | 40.81% | 42.88% | 43.99% | 44.04% | 44.44% | 45.94% | 41.79% | 47.98% | 48.75% | 49.73% | 51.26% | 52.06% | 51.1% | 49.99% | 48.66% | 52.19% | 50.62% | 51.1% |
| Gross Profit | 68.3M | 67.65M | 70.43M | 66.62M | 59.61M | 52.42M | 50.4M | 50.4M | 48.35M | 50.52M | 51.62M | 52.48M | 48.62M | 49.56M | 52.71M | 51.47M | 51.79M | 50.33M | 54.27M | 59.97M |
| Gross Margin % | 54.95% | 55.91% | 59.19% | 57.12% | 56.01% | 55.96% | 55.56% | 54.06% | 58.21% | 52.02% | 51.25% | 50.27% | 48.74% | 47.94% | 48.9% | 50.01% | 51.34% | 47.81% | 49.38% | 48.9% |
| Gross Profit Growth % | 14.57% | 29.07% | 39.75% | 32.19% | 23.28% | 3.75% | -2.38% | -3.96% | -0.54% | 1.94% | -2.07% | 1.96% | -6.13% | -1.53% | -2.87% | -14.18% | -2.75% | -3.79% | 12.34% | 25.11% |
| Operating Expenses | 55.41M | 47.73M | 44.54M | 40.3M | 36.42M | 34.53M | 29.59M | 27.53M | 29.08M | 26.57M | 31.39M | 31.93M | 30.77M | 31.25M | 32.89M | 33.32M | 32.56M | 31.61M | 31.89M | 35.09M |
| OpEx % of Revenue | 44.59% | 39.44% | 37.44% | 34.55% | 34.22% | 36.87% | 32.62% | 29.53% | 35.01% | 27.36% | 31.16% | 30.59% | 30.85% | 30.22% | 30.51% | 32.38% | 32.28% | 30.03% | 29.02% | 28.61% |
| Selling, General & Admin | 55.41M | 47.73M | 8.18M | 8.85M | 9.2M | 29.9M | 5.5M | 6.79M | 5.18M | 30.92M | 5.5M | 6.5M | 6.5M | 12.2M | 7.4M | 8.9M | 32.56M | 8.4M | 8.1M | 8.7M |
| SG&A % of Revenue | 44.59% | 39.44% | 6.88% | 7.59% | 8.65% | 31.92% | 6.06% | 7.28% | 6.24% | 31.83% | 5.46% | 6.23% | 6.52% | 11.8% | 6.86% | 8.65% | 32.28% | 7.98% | 7.37% | 7.09% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600K | 0 | 0 | 0 | 1.1M | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | - | - | - | 1.04% | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K |
| Operating Income | 12.88M | 19.93M | 25.89M | 26.33M | 23.19M | 17.89M | 20.8M | 22.87M | 19.27M | 23.95M | 20.24M | 20.55M | 17.84M | 18.32M | 19.82M | 18.15M | 19.23M | 18.72M | 22.38M | 24.88M |
| Operating Margin % | 10.36% | 16.47% | 21.76% | 22.57% | 21.79% | 19.09% | 22.94% | 24.53% | 23.2% | 24.66% | 20.09% | 19.68% | 17.89% | 17.72% | 18.39% | 17.63% | 19.06% | 17.78% | 20.36% | 20.29% |
| Operating Income Growth % | -44.46% | 11.41% | 24.42% | 15.11% | 20.34% | -25.33% | 2.81% | 11.33% | 8% | 30.76% | 2.1% | 13.22% | -7.21% | -2.14% | -11.41% | -27.06% | -21.03% | -15.64% | 39.66% | 44.81% |
| EBITDA | 14.96M | 21.93M | 27.79M | 28.22M | 24.8M | 19.3M | 22.55M | 24.07M | 20.42M | 25.61M | 21.86M | 22.07M | 19.39M | 19.63M | 21.14M | 19.48M | 20.56M | 19.99M | 23.62M | 26.11M |
| EBITDA Margin % | 12.04% | 18.13% | 23.35% | 24.19% | 23.31% | 20.61% | 24.86% | 25.82% | 24.59% | 26.37% | 21.71% | 21.15% | 19.44% | 18.99% | 19.61% | 18.93% | 20.38% | 18.98% | 21.49% | 21.29% |
| EBITDA Growth % | -39.69% | 13.65% | 23.24% | 17.21% | 21.46% | -24.63% | 3.13% | 9.05% | 5.33% | 30.43% | 3.44% | 13.32% | -5.69% | -1.77% | -10.51% | -25.4% | -19.76% | -14.67% | 36.47% | 41.89% |
| D&A (Non-Cash Add-back) | 2.08M | 2.01M | 1.9M | 1.89M | 1.62M | 1.42M | 1.74M | 1.2M | 1.15M | 1.66M | 1.63M | 1.53M | 1.55M | 1.31M | 1.31M | 1.33M | 1.33M | 1.27M | 1.24M | 1.24M |
| EBIT | 12.88M | 20.01M | 37.22M | 28.24M | 23.36M | 22.52M | 21.86M | 23.25M | 20.56M | 26.82M | 20.9M | 20.63M | 17.85M | 20.33M | 20.17M | 18.78M | 19.31M | 18.71M | 22.14M | 26.68M |
| Net Interest Income | -4.42M | -4.38M | -3.53M | -5.12M | -4.41M | -3.74M | -3.77M | -3.04M | -3.48M | -2.63M | -3.98M | -4.02M | -4.01M | -4.38M | -4.8M | -5.14M | -5.2M | -5.09M | -5.4M | -5.52M |
| Interest Income | 2.73M | 1.75M | 3.46M | 17K | 0 | 0 | 0 | 0 | 1.77M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 7.16M | 6.13M | 6.99M | 5.14M | 4.41M | 3.74M | 3.77M | 3.04M | 5.25M | 2.63M | 3.98M | 4.02M | 4.01M | 4.38M | 4.8M | 5.14M | 5.2M | 5.09M | 5.4M | 5.52M |
| Other Income/Expense | -1.75M | -6.05M | 4.34M | -5.12M | -5.36M | -3.41M | -3.63M | -5.48M | -3.36M | 240K | -5.6M | -7.5M | -8.03M | -38.29M | -4.73M | -11.37M | -5.12M | -4.57M | -4.87M | -5.41M |
| Pretax Income | 11.13M | 13.88M | 30.23M | 21.2M | 17.83M | 14.48M | 17.18M | 17.39M | 15.91M | 24.19M | 14.63M | 13.05M | 9.81M | -19.97M | 15.09M | 6.78M | 14.11M | 14.14M | 17.51M | 19.47M |
| Pretax Margin % | 8.96% | 11.47% | 25.41% | 18.18% | 16.75% | 15.46% | 18.94% | 18.65% | 19.15% | 24.91% | 14.53% | 12.5% | 9.83% | -19.32% | 14% | 6.58% | 13.99% | 13.43% | 15.93% | 15.87% |
| Income Tax | -2.81M | 2.23M | 6.47M | 4.24M | 2.04M | 4.12M | 4.65M | 4.43M | 3.73M | 14.33M | 3.77M | 3.34M | 2.47M | -3.86M | 3.8M | 1.57M | 3.34M | 2.89M | 4.07M | 4.42M |
| Effective Tax Rate % | -25.24% | 16.1% | 21.41% | 20.02% | 11.44% | 28.44% | 27.08% | 25.47% | 23.44% | 59.22% | 25.74% | 25.59% | 25.16% | 19.31% | 25.16% | 23.16% | 23.67% | 20.43% | 23.26% | 22.73% |
| Net Income | 11.67M | 8.21M | 21.08M | 14.48M | 14.39M | 2.42M | 12.38M | 13.01M | 12.01M | 10.11M | 10.83M | 9.93M | 7.6M | -16.32M | 11.54M | 5.42M | 11M | 11.45M | 13.47M | 15.36M |
| Net Margin % | 9.39% | 6.78% | 17.72% | 12.41% | 13.52% | 2.58% | 13.64% | 13.95% | 14.46% | 10.41% | 10.75% | 9.51% | 7.62% | -15.78% | 10.7% | 5.27% | 10.9% | 10.88% | 12.25% | 12.52% |
| Net Income Growth % | -18.95% | 239.82% | 70.33% | 11.32% | 19.86% | -76.1% | 14.26% | 31.05% | 58.09% | 161.95% | -6.11% | 82.98% | -30.92% | -242.46% | -14.35% | -64.68% | -6.66% | -20.34% | 49.31% | 49.15% |
| Net Income (Continuing) | 13.94M | 11.64M | 23.76M | 16.96M | 15.79M | 10.36M | 12.53M | 12.96M | 12.18M | 9.87M | 10.87M | 9.71M | 7.34M | -16.12M | 11.3M | 5.21M | 10.77M | 11.26M | 13.44M | 15.04M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | -1000K | -165K | -41K | -2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 19.73M | 17.68M | 14.2M | 6.25M | 3.75M | 2.4M | 1.08M | 1.09M | 1.19M | 1.03M | 1.31M | 1.18M | 1.45M | 1.74M | 1.58M | 1.88M | 2.08M | 2.31M | 2.53M | 3.96M |
| EPS (Diluted) | 0.60 | 0.42 | 1.13 | 0.79 | 0.79 | 0.13 | 0.68 | 0.68 | 0.63 | 0.53 | 0.58 | 0.53 | 0.41 | -0.93 | 0.55 | 0.25 | 0.51 | 0.57 | 0.65 | 0.73 |
| EPS Growth % | -24.05% | 223.08% | 66.18% | 16.18% | 25.4% | -75.47% | 17.24% | 28.3% | 53.66% | 156.99% | 5.45% | 112% | -19.61% | -263.16% | -15.38% | -65.75% | -10.53% | -12.31% | 62.5% | 48.98% |
| EPS (Basic) | 0.61 | 0.43 | 1.16 | 0.81 | 0.81 | 0.14 | 0.70 | 0.74 | 0.68 | 0.57 | 0.62 | 0.56 | 0.43 | -0.93 | 0.55 | 0.25 | 0.51 | 0.61 | 0.71 | 0.81 |
| Diluted Shares Outstanding | 19.47M | 19.54M | 18.71M | 18.32M | 18.25M | 18.25M | 18.45M | 20.16M | 20.17M | 20.15M | 20.1M | 20.41M | 20.67M | 17.53M | 21.1M | 21.44M | 21.75M | 22.15M | 22.36M | 22.49M |
| Basic Shares Outstanding | 19.21M | 19.09M | 18.25M | 17.92M | 17.8M | 17.71M | 17.72M | 17.66M | 17.65M | 17.6M | 17.6M | 17.58M | 17.53M | 17.53M | 21.1M | 21.44M | 21.75M | 18.71M | 18.9M | 18.98M |
| Dividend Payout Ratio | 14.32% | 17.42% | 6.44% | 9.3% | 9.62% | 52.19% | 10% | 9.67% | 9.57% | 11.31% | 10.57% | 11.66% | 13.85% | - | 9.34% | 21.37% | 9.29% | 9.08% | 7.8% | 6.83% |