Turning Point Brands, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $463.1M | $360.7M | $325.1M | $321.2M | $445.5M |
| Cost of revenue | $198.7M | $159.1M | $142.1M | $143.4M | $227.6M |
| Gross profit | $264.3M | $201.6M | $182.9M | $177.8M | $217.8M |
| Selling, general & administrative | $169.0M | $122.4M | $104.3M | $103.8M | $127.5M |
| Research and development | $900,000 | $1.3M | $600,000 | $600,000 | $1.1M |
| Operating income | $95.3M | $80.8M | $83.0M | $74.0M | $90.3M |
| Interest expense | $25.4M | $18.5M | $21.0M | $21.9M | — |
| Pretax income | $83.1M | $65.0M | $62.1M | $42.1M | $65.3M |
| Income tax expense | $15.0M | $16.9M | $24.0M | $11.0M | $14.0M |
| Net income | $58.2M | $39.8M | $38.5M | $11.6M | $52.1M |
| Balance Sheet | |||||
| Cash and equivalents | $222.8M | $48.9M | $117.9M | $106.4M | $128.3M |
| Current assets | $417.1M | $198.2M | $267.6M | $257.7M | $249.2M |
| Total assets | $763.8M | $493.4M | $569.4M | $572.1M | $601.6M |
| Current liabilities | $75.0M | $44.8M | $100.3M | $41.4M | $40.3M |
| Total liabilities | $391.8M | $303.0M | $417.4M | $458.7M | $467.8M |
| Total debt | $300.0M | $250.0M | $368.5M | $412.5M | $422.5M |
| Stockholders' equity | $372.0M | $190.4M | $151.0M | $111.6M | $133.7M |
| Cash Flow Statement | |||||
| Cash from operations | $57.4M | $67.1M | $66.9M | $30.3M | $68.2M |
| Depreciation and amortization | — | — | $6.4M | $5.3M | $5.0M |
| Stock-based compensation | $7.0M | $7.2M | $6.6M | $5.3M | $7.6M |
| Capital expenditure | $13.5M | $4.6M | $5.7M | $7.8M | $6.2M |
| Free cash flow | $43.8M | $62.4M | $61.2M | $22.4M | $62.1M |
| Dividends paid | $5.5M | $4.9M | $4.5M | $4.2M | $4.1M |
| Share repurchases | $0 | $5.1M | $0 | $29.2M | $38.7M |
| Impairments | — | — | $0 | $25.6M | $0 |
Shares outstanding 19.4M · Free float 48.8%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.