MO · Q1 FY26 · Mar 31, 2026
Altria Q1 FY26: where the revenue came from and where it went
Altria Q1 FY26: revenue $5.4B (+3% year over year). Net profit $2.2B. Largest cohort Smokeable Products $4.8B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Mar 31, 2026
- Reported
- Apr 30, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$5.4B
+3% year over year
Gross profit$3.5B
65% margin
Operating profit$3B
54% margin
Net profit$2.2B
40% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.4 | 100% | +3% |
| Smokeable Products | 4.8 | 89% | |
| Oral Tobacco Products | 0.7 | 13% | |
| Cost of revenue | −1.9 | 35% | |
| Gross profit | 3.5 | 65% margin | +3pp |
| Operating expenses | −0.6 | 10% | +0pp |
| Operating profit | 3 | 54% margin | +20pp |
| Tax | −0.7 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 2.2 | 40% | +20pp |
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