Philip Morris International

PM Consumer Staples Market cap $325B as of Oct 30, 2026 16:00 ET S&P 500

Q3 FY26 Jul 1 – Sep 30, 2026 reported Oct 23, 2026

Revenue$11.44B +5% year over year

Gross profit$7.85B 69% margin

Operating profit$4.87B 43% margin

Net profit$3.31B 29% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Sep 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	11.44	100%	+5%
International combustibles	6.46	56%
International Smoke-Free	3.88	34%
U.S.	0.86	8%
Other	0.25	2%
Cost of revenue	−3.58	31%
Gross profit	7.85	69% margin	+1pp
Operating expenses	−2.99	26%
Operating profit	4.87	43% margin	+3pp
Interest & other costs	−0.57
Tax	−0.99
Net profit	3.31	29% margin	−3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	11.2	100%	+10%
Combustible tobacco products	6.5	58%	+9%
Smoke free products	4.6	42%	+12%
Cost of revenue	−3.5	32%
Gross profit	7.7	68% margin	+1pp
Operating expenses	−3.1	28%	+0pp
Operating profit	4.5	40% margin	+4pp
Interest & other costs	−0.8
Tax	−1.0
Net profit	2.8	25% margin	−5pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	10.1	100%	+9%
Combustible tobacco products	5.8	57%	+7%
Smoke free products	4.4	43%	+12%
Cost of revenue	−3.2	32%
Gross profit	6.9	68% margin	+1pp
Operating expenses	−3.0	30%	+0pp
Operating profit	3.9	38% margin	+0pp
Interest & other costs	−0.8
Tax	−0.7
Net profit	2.4	24% margin	−5pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	10.4	100%	+7%
Combustible tobacco products	6.0	58%	+3%
Smoke free products	4.4	42%	+12%
Cost of revenue	−3.6	34%
Gross profit	6.8	66% margin	+1pp
Operating expenses	−3.4	33%	+0pp
Operating profit	3.4	33% margin	−1pp
Interest & other costs	−0.6
Tax	−0.7
Net profit	2.1	21% margin	+27pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	10.8	100%	+9%
Combustible tobacco products	6.4	59%	+4%
Smoke free products	4.4	41%	+18%
Cost of revenue	−3.5	32%
Gross profit	7.4	68% margin	+2pp
Operating expenses	−3.1	29%	+0pp
Operating profit	4.3	39% margin	+2pp
Tax	−0.8
Net profit	3.5	32% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26 Jul 1 – Sep 30, 2026 reported Oct 23, 2026 Operating margin 43% Net profit $3.3B	Jul 1 – Sep 30, 2026	Oct 23, 2026	$11.4B	+5%	43%	$3.3B	29%
Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 24, 2026 Operating margin 40% Net profit $2.8B	Apr 1 – Jun 30, 2026	Jul 24, 2026	$11.2B	+10%	40%	$2.8B	25%
Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 24, 2026 Operating margin 38% Net profit $2.4B	Jan 1 – Mar 31, 2026	Apr 24, 2026	$10.1B	+9%	38%	$2.4B	24%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 6, 2026 Operating margin 33% Net profit $2.1B	Oct 1 – Dec 31, 2025	Feb 6, 2026	$10.4B	+7%	33%	$2.1B	21%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 24, 2025 Operating margin 39% Net profit $3.5B	Jul 1 – Sep 30, 2025	Oct 24, 2025	$10.8B	+9%	39%	$3.5B	32%