Turning Point Brands Inc
NYSE:TPB
Income Statement
Earnings Waterfall
Turning Point Brands Inc
Income Statement
Turning Point Brands Inc
| Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
19
|
23
|
27
|
29
|
31
|
0
|
0
|
0
|
32
|
0
|
0
|
0
|
27
|
9
|
34
|
26
|
34
|
34
|
34
|
34
|
33
|
29
|
27
|
23
|
20
|
19
|
17
|
16
|
15
|
15
|
15
|
15
|
15
|
15
|
14
|
14
|
13
|
13
|
13
|
15
|
17
|
19
|
21
|
21
|
21
|
20
|
20
|
18
|
17
|
16
|
15
|
14
|
13
|
13
|
14
|
15
|
17
|
17
|
|
| Revenue |
102
N/A
|
110
+8%
|
116
+6%
|
118
+2%
|
115
-3%
|
121
+5%
|
114
-6%
|
112
-2%
|
117
+4%
|
118
+1%
|
117
-1%
|
118
+1%
|
118
+0%
|
50
-58%
|
200
+301%
|
149
-26%
|
197
+32%
|
199
+1%
|
197
-1%
|
196
-1%
|
200
+2%
|
199
0%
|
206
+4%
|
223
+8%
|
244
+9%
|
266
+9%
|
286
+7%
|
293
+2%
|
302
+3%
|
312
+3%
|
333
+7%
|
350
+5%
|
363
+3%
|
376
+4%
|
362
-4%
|
361
0%
|
373
+3%
|
380
+2%
|
405
+7%
|
422
+4%
|
440
+4%
|
445
+1%
|
446
+0%
|
439
-2%
|
419
-4%
|
417
-1%
|
415
0%
|
415
+0%
|
418
+1%
|
412
-1%
|
325
-21%
|
401
+24%
|
404
+1%
|
408
+1%
|
361
-12%
|
370
+3%
|
378
+2%
|
392
+4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(49)
|
(53)
|
(58)
|
(60)
|
(59)
|
(60)
|
(58)
|
(58)
|
(57)
|
(57)
|
(54)
|
(53)
|
(53)
|
(27)
|
(107)
|
(78)
|
(103)
|
(103)
|
(101)
|
(100)
|
(101)
|
(101)
|
(106)
|
(120)
|
(133)
|
(147)
|
(161)
|
(164)
|
(169)
|
(176)
|
(190)
|
(199)
|
(206)
|
(213)
|
(225)
|
(223)
|
(228)
|
(230)
|
(215)
|
(220)
|
(226)
|
(226)
|
(228)
|
(222)
|
(211)
|
(211)
|
(210)
|
(213)
|
(214)
|
(209)
|
(142)
|
(195)
|
(197)
|
(198)
|
(159)
|
(161)
|
(156)
|
(153)
|
|
| Gross Profit |
53
N/A
|
56
+6%
|
59
+5%
|
59
+0%
|
57
-4%
|
61
+8%
|
56
-8%
|
54
-4%
|
60
+12%
|
61
+2%
|
62
+1%
|
65
+4%
|
64
0%
|
23
-64%
|
93
+302%
|
71
-24%
|
94
+32%
|
96
+2%
|
96
+0%
|
96
N/A
|
99
+2%
|
98
-1%
|
101
+3%
|
103
+3%
|
111
+7%
|
119
+8%
|
125
+5%
|
129
+3%
|
133
+3%
|
136
+2%
|
143
+5%
|
151
+6%
|
157
+4%
|
163
+4%
|
137
-16%
|
138
+1%
|
145
+5%
|
150
+4%
|
190
+26%
|
202
+6%
|
214
+6%
|
220
+3%
|
218
-1%
|
216
-1%
|
208
-4%
|
206
-1%
|
206
0%
|
202
-2%
|
203
+0%
|
202
-1%
|
183
-10%
|
207
+13%
|
208
+1%
|
210
+1%
|
202
-4%
|
209
+4%
|
222
+6%
|
239
+8%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(33)
|
(37)
|
(40)
|
(37)
|
(38)
|
(38)
|
(42)
|
(47)
|
(44)
|
(44)
|
(41)
|
(43)
|
(48)
|
(12)
|
(45)
|
(36)
|
(51)
|
(51)
|
(52)
|
(53)
|
(52)
|
(56)
|
(57)
|
(60)
|
(70)
|
(76)
|
(75)
|
(80)
|
(86)
|
(90)
|
(94)
|
(101)
|
(106)
|
(113)
|
(86)
|
(112)
|
(113)
|
(110)
|
(108)
|
(110)
|
(118)
|
(122)
|
(117)
|
(118)
|
(108)
|
(108)
|
(80)
|
(76)
|
(79)
|
(76)
|
(85)
|
(111)
|
(113)
|
(116)
|
(110)
|
(115)
|
(122)
|
(135)
|
|
| Selling, General & Administrative |
(33)
|
(37)
|
(39)
|
(37)
|
(37)
|
(38)
|
(42)
|
(47)
|
(44)
|
(44)
|
(41)
|
(43)
|
(48)
|
(12)
|
(44)
|
(36)
|
(51)
|
(51)
|
(50)
|
(53)
|
(52)
|
(53)
|
(55)
|
(60)
|
(64)
|
(70)
|
(73)
|
(81)
|
(83)
|
(88)
|
(92)
|
(101)
|
(106)
|
(113)
|
(84)
|
(113)
|
(113)
|
(110)
|
(106)
|
(110)
|
(118)
|
(122)
|
(115)
|
(118)
|
(108)
|
(108)
|
(80)
|
(77)
|
(79)
|
(76)
|
(89)
|
(115)
|
(120)
|
(122)
|
(111)
|
(116)
|
(122)
|
(136)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
(0)
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
(6)
|
(6)
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
6
|
6
|
2
|
0
|
0
|
0
|
|
| Operating Income |
20
N/A
|
19
-5%
|
19
+1%
|
22
+12%
|
19
-11%
|
23
+18%
|
14
-37%
|
7
-49%
|
16
+118%
|
17
+8%
|
21
+24%
|
21
+0%
|
16
-26%
|
12
-28%
|
48
+318%
|
35
-27%
|
43
+22%
|
45
+5%
|
45
-1%
|
43
-2%
|
47
+7%
|
42
-9%
|
44
+4%
|
44
-1%
|
40
-7%
|
43
+6%
|
50
+16%
|
49
-2%
|
47
-3%
|
46
-3%
|
49
+6%
|
51
+5%
|
50
-1%
|
51
+0%
|
51
+1%
|
26
-50%
|
32
+25%
|
41
+27%
|
82
+102%
|
91
+11%
|
96
+5%
|
98
+1%
|
101
+4%
|
99
-3%
|
100
+1%
|
98
-2%
|
125
+28%
|
126
+1%
|
124
-1%
|
126
+2%
|
98
-23%
|
96
-2%
|
94
-1%
|
94
0%
|
91
-3%
|
95
+4%
|
100
+5%
|
104
+4%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(19)
|
(23)
|
(27)
|
(29)
|
(31)
|
(30)
|
(29)
|
(30)
|
(4)
|
(3)
|
(2)
|
(1)
|
(27)
|
(9)
|
(34)
|
(26)
|
(34)
|
(34)
|
(34)
|
(34)
|
(32)
|
(29)
|
(26)
|
(22)
|
(20)
|
(18)
|
(17)
|
(15)
|
(15)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(12)
|
(11)
|
(11)
|
(11)
|
(13)
|
(15)
|
(17)
|
(18)
|
(27)
|
(28)
|
(34)
|
(33)
|
(33)
|
(37)
|
(33)
|
(35)
|
(27)
|
(21)
|
(16)
|
(13)
|
(13)
|
(14)
|
(16)
|
(13)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
(3)
|
(9)
|
0
|
0
|
(6)
|
(2)
|
0
|
0
|
(2)
|
0
|
5
|
4
|
(25)
|
(3)
|
(12)
|
(16)
|
(18)
|
(17)
|
(15)
|
(9)
|
(9)
|
(6)
|
(14)
|
(15)
|
(77)
|
(78)
|
(73)
|
(74)
|
(9)
|
(7)
|
(7)
|
(7)
|
(13)
|
(14)
|
(13)
|
(11)
|
|
| Total Other Income |
(11)
|
(11)
|
10
|
17
|
4
|
4
|
4
|
0
|
(2)
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
5
|
5
|
5
|
4
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
|
| Pre-Tax Income |
(10)
N/A
|
(15)
-47%
|
3
N/A
|
9
+217%
|
(8)
N/A
|
(4)
+48%
|
(11)
-178%
|
(24)
-117%
|
10
N/A
|
15
+48%
|
20
+34%
|
21
+5%
|
(11)
N/A
|
3
N/A
|
(29)
N/A
|
9
N/A
|
9
-9%
|
11
+22%
|
10
-3%
|
9
-11%
|
11
+24%
|
13
+16%
|
15
+14%
|
12
-18%
|
21
+68%
|
24
+19%
|
27
+10%
|
31
+15%
|
32
+5%
|
31
-3%
|
32
+1%
|
36
+14%
|
41
+14%
|
40
-2%
|
19
-52%
|
17
-13%
|
15
-13%
|
17
+19%
|
50
+190%
|
58
+17%
|
64
+9%
|
70
+10%
|
65
-7%
|
65
0%
|
53
-19%
|
50
-5%
|
16
-68%
|
12
-27%
|
18
+53%
|
17
-3%
|
62
+257%
|
68
+9%
|
72
+6%
|
74
+3%
|
65
-13%
|
67
+3%
|
71
+6%
|
84
+19%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
4
|
6
|
(1)
|
(4)
|
(27)
|
(31)
|
(31)
|
(28)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
12
|
14
|
12
|
9
|
(11)
|
(14)
|
(13)
|
(12)
|
(12)
|
(13)
|
(14)
|
(15)
|
(3)
|
(3)
|
(3)
|
(3)
|
(12)
|
(13)
|
(14)
|
(16)
|
(14)
|
(15)
|
(12)
|
(12)
|
(5)
|
(4)
|
(6)
|
(6)
|
(24)
|
(25)
|
(26)
|
(27)
|
(17)
|
(15)
|
(15)
|
(17)
|
|
| Income from Continuing Operations |
(6)
|
(9)
|
2
|
6
|
(35)
|
(35)
|
(42)
|
(52)
|
10
|
15
|
20
|
21
|
(12)
|
3
|
(29)
|
9
|
8
|
10
|
9
|
8
|
10
|
12
|
27
|
27
|
33
|
33
|
16
|
17
|
19
|
20
|
20
|
24
|
27
|
26
|
16
|
14
|
11
|
14
|
38
|
45
|
50
|
54
|
51
|
51
|
41
|
39
|
11
|
8
|
12
|
12
|
38
|
43
|
46
|
47
|
48
|
52
|
56
|
67
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
0
|
0
|
0
|
(1)
|
(2)
|
(4)
|
(7)
|
|
| Net Income (Common) |
(14)
N/A
|
(16)
-21%
|
(4)
+77%
|
2
N/A
|
(37)
N/A
|
(35)
+3%
|
(42)
-18%
|
(52)
-24%
|
10
N/A
|
15
+49%
|
20
+32%
|
21
+7%
|
(12)
N/A
|
3
N/A
|
(29)
N/A
|
9
N/A
|
8
-15%
|
10
+27%
|
9
-7%
|
8
-12%
|
10
+28%
|
12
+20%
|
27
+120%
|
27
-1%
|
33
+25%
|
34
+2%
|
20
-40%
|
21
+5%
|
23
+9%
|
24
+3%
|
25
+6%
|
29
+14%
|
33
+13%
|
31
-5%
|
16
-48%
|
14
-12%
|
11
-20%
|
14
+24%
|
38
+173%
|
46
+19%
|
51
+11%
|
55
+9%
|
52
-5%
|
51
-1%
|
41
-19%
|
39
-5%
|
12
-71%
|
8
-29%
|
13
+55%
|
12
-6%
|
38
+221%
|
43
+11%
|
46
+7%
|
47
+3%
|
40
-16%
|
42
+6%
|
44
+3%
|
52
+20%
|
|
| EPS (Diluted) |
-27
N/A
|
-32.6
-21%
|
-5.28
+84%
|
2.85
N/A
|
-60.83
N/A
|
-58.83
+3%
|
-69.5
-18%
|
-86
-24%
|
16.83
N/A
|
24.99
+48%
|
33
+32%
|
30.14
-9%
|
-20
N/A
|
0.15
N/A
|
-1.61
N/A
|
0.5
N/A
|
0.42
-16%
|
0.53
+26%
|
0.5
-6%
|
0.43
-14%
|
0.6
+40%
|
0.61
+2%
|
1.49
+144%
|
1.35
-9%
|
1.69
+25%
|
1.72
+2%
|
1.03
-40%
|
1.07
+4%
|
1.17
+9%
|
1.19
+2%
|
1.27
+7%
|
1.44
+13%
|
1.63
+13%
|
1.54
-6%
|
0.69
-55%
|
0.69
N/A
|
0.49
-29%
|
0.61
+24%
|
1.66
+172%
|
2
+20%
|
2.24
+12%
|
2.45
+9%
|
2.32
-5%
|
2.36
+2%
|
1.93
-18%
|
1.86
-4%
|
0.64
-66%
|
0.41
-36%
|
0.64
+56%
|
0.59
-8%
|
1.87
+217%
|
2.12
+13%
|
2.27
+7%
|
2.57
+13%
|
2.05
-20%
|
2.31
+13%
|
2.38
+3%
|
2.79
+17%
|
|