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How Turning Point Brands, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$463M · 100%Cost of revenue$199M · 43%Gross profit$264M · 57%Operating income$95.3M · 21%Income before tax$83.1M · 18%Income tax$15M · 3%Net income$58.2M · 13%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$463M100%
Cost of revenue$199M43%
$264M57%
$95.3M21%
Income before tax$83.1M18%
Income tax$15M3%
$58.2M13%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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