Business
The alternative smoking accessories market is a dynamic market experiencing robust secular growth driven by cannabinoid legalization in the U.S. and Canada, and positively evolving consumer perception and acceptance in North America.
Turning Point Brands, Inc.: Revenue grew 28.4% to $463M from $361M. Net income grew 46.1% to $58.16M from $39.81M. Free cash flow declined 29.8% to $43.84M from $62.44M. Operating margin contracted 182 bps to 20.59%. Turning Point Brands, Inc.'s annual comparison also shows free cash flow declined despite revenue growth; margins improved while free cash flow declined; capital spending grew faster than revenue; the manipulation screen is flagged and should be investigated as a warning rather than treated as proof.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 28.4% to $463M from $361MOK
- Profitability — Net income grew 46.1% to $58.16M from $39.81MOK
- Cash flow — Free cash flow declined 29.8% to $43.84M from $62.44MWatch
- Margins — Operating margin contracted 182 bps to 20.59%Watch
- Accounting — Flagged statistical warning; not proofWatch
- Insiders — 0 purchases and 11 salesWatch
Where the revenue comes from
Fiscal 2025, as Turning Point Brands, Inc. reports it. History and quarterly detail are in the app.
- Stokers Products$284.6M
- Zig Zag Products$178.5M
Leadership changes
From Turning Point Brands, Inc.'s own filings, the day they're filed.
- Arnold Zimmerman · Directors · departureeff. 2024-03-20
- Louie Reformina · Chief Financial Officer · departureeff. 2024-03-08
- Andrew Flynn · President · appointment
Latest filings
- 10-Q · Quarterly report2026-08-04
- 8-K · Company announcement2026-08-04
- 10-Q · Quarterly report2026-05-08
- 8-K · Company announcement2026-05-07
- 8-K · Company announcement2026-05-05
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Turning Point Brands, Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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