Philip Morris International Inc.
PMConsumer & retailpmi.com
Latest available resultsSeptember 30, 2026Quarter · 10-Q filed Oct 23, 2026
Next reportFebruary 4, 2027after close · forecast 1.874 $/share
Revenue
$11.44B
▲ +5.5% vs prior year YoY
Net income
$3.31B
▼ -4.7% vs prior year YoY
EPS
2.12$
▼ -4.9% vs prior year YoY
Net margin
29.0%
▼ -3.1 pp vs prior year YoY
Revenue▲ +5.5%
Margins (% of revenue)GrossOperatingNet
Net income▼ -4.7%
EPS▼ -4.9%
Financial statements
View 10-Q filed October 23, 2026 on SEC ↗| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $9.71B | $9.30B | $10.14B | $10.85B | $10.36B | $10.15B | $11.19B | $11.44B | ▲ +5.5% |
| Gross profit | $6.28B | $6.27B | $6.87B | $7.36B | $6.80B | $6.91B | $7.66B | $7.85B | ▲ +6.7% |
| Operating income | $3.26B | $3.54B | $3.71B | $4.26B | $3.37B | $3.89B | $4.53B | $4.87B | ▲ +14.1% |
| Net income | −$579.00M | $2.69B | $3.04B | $3.48B | $2.14B | $2.44B | $2.82B | $3.31B | ▼ -4.7% |
| R&D | — | — | — | — | — | — | — | — | — |
| EPS (diluted) | — | 1.72 $ | 1.95 $ | 2.23 $ | — | 1.56 $ | 1.80 $ | 2.12 $ | ▼ -4.9% |
| Margins (% of revenue) | |||||||||
| Gross | 64.7 % | 67.4 % | 67.7 % | 67.9 % | 65.6 % | 68.1 % | 68.4 % | 68.7 % | ▲ +0.8 pt |
| Operating | 33.6 % | 38.1 % | 36.6 % | 39.3 % | 32.6 % | 38.4 % | 40.5 % | 42.5 % | ▲ +3.2 pt |
| Net | -6.0 % | 28.9 % | 30.0 % | 32.1 % | 20.7 % | 24.0 % | 25.2 % | 29.0 % | ▼ -3.1 pt |
| Balance sheet | |||||||||
| Assets | $61.78B | $65.08B | $68.51B | $67.06B | $69.19B | $68.91B | $68.27B | $66.73B | ▼ -0.5% |
| Liabilities | $71.65B | $74.00B | $78.52B | $76.05B | $77.21B | $76.21B | $74.93B | $72.67B | ▼ -4.4% |
| Equity | −$9.87B | −$8.93B | −$10.01B | −$8.98B | −$8.03B | −$7.30B | −$6.66B | −$5.95B | ▲ +33.8% |
| Cash | $4.22B | $4.44B | $4.14B | $4.04B | $4.87B | $5.45B | $6.00B | $6.68B | ▲ +65.5% |
| Capital | |||||||||
| Shares outstanding | 1.55B | 1.56B | 1.56B | 1.56B | 1.56B | 1.56B | 1.56B | 1.56B | ▲ +0.1% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.