Turning Point Brands, Inc. (TPB)

NYSE: TPB · Tobacco Products · Louisville, KY · filing with the SEC since 2004

Grade6.2

◀ Past 5.4● Present 6.7▶ Future 6.4

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 2, 2026	Mar 6, 2025	Feb 28, 2024	Mar 15, 2023	Mar 11, 2022	Feb 19, 2021	Mar 12, 2020	Mar 7, 2019	Mar 8, 2018	Mar 13, 2017
Revenue	463,062	360,660	325,064^r	321,229^r	445,471	405,111	361,989	332,683	285,777	206,228
Cost of revenue	198,748	159,095	142,122^r	143,399^r	227,637	215,121^r	224,872^r	190,124	160,807	105,683
Gross profit	264,314	201,565	182,942^r	177,830^r	217,834	189,990^r	137,117^r	142,559	124,970^r	100,545^r
Research and development	900	1,300	600	600	1,100	1,300	2,500	2,500	2,300^r	2,000^r
Selling, general and administrative	168,987	122,407	104,327^r	103,822^r	127,513	125,563	109,887	94,075	75,290^r	56,626^r
Operating income	95,327	80,832	82,960^r	74,008^r	90,321	64,427^r	27,230^r	48,484	49,680^r	43,919^r
Interest expense	25,386	18,526	21,028	21,920	·	·	·	15,086	16,904^r	26,739^r
Interest and investment income	7,920	4,543	6,383	2,396	-6,673	198	2,648	424	438	768
Interest income (expense), net	-17,466	-13,983	-14,645	-19,524	-20,500	-13,487^r	-14,435^r	-14,819	-16,889	-26,621
Share of profit of equity-method investments	-1,159	75	-2,313	·	·	·	·	·	·	·
Income before income taxes	83,143	64,956	62,065^r	42,066^r	65,302	50,149^r	19,096^r	31,574	26,933	14,908
Income tax expense	14,991	16,929	23,999^r	10,980^r	14,040	11,957^r	2,863^r	6,285	7,280	-12,005
Income from continuing operations	68,152	48,027	38,066	31,086	·	·	·	·	·	·
Income from discontinued operations	0	-7,517	-285	-19,929	·	·	·	·	·	·
Net income including non-controlling interests	68,152	40,510	37,781	11,157	51,262	38,192	16,233^r	25,289	19,653	26,913
Net income to non-controlling interests	9,987	701	-681	-484	-797	0	0	0	-556	0
Net income	58,165	39,809	38,462	11,641	52,059	38,192^r	16,233^r	25,289	20,209	26,913
Earnings per share, basic	3.18	2.24	2.19	0.65	2.75	1.97^r	0.83^r	1.31	1.06	1.63
Earnings per share, diluted	3.11	2.14	2.01	0.64	2.52	1.85^r	0.78^r	1.28	1.04	1.49
Weighted average shares, basic	18,314,047	17,734,239	17,578,270	17,899,794	18,917,570	19,398,474	19,627,093	19,355,607	18,989,177	16,470,352
Weighted average shares, diluted	18,730,635	19,362,806	20,467,406	18,055,015	22,381,994	22,937,441^r	23,240,348^r	19,827,562	19,513,008	18,015,545

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earned

us-gaap:InvestmentIncomeInterest
us-gaap:InvestmentIncomeNet

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton TPB · research, not advice