FINHUB Insights

PM · Q1 FY26 · Jan 1 – Mar 31, 2026

Philip Morris International Q1 FY26: where the revenue came from and where it went

Philip Morris International Q1 FY26: revenue $10.1B (+9% year over year). Net profit $2.4B. Largest cohort Combustible Tobacco Products $5.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 24, 2026 10-Q
Sankey diagram of Philip Morris International's income statement for Q1 FY26: revenue of $10.1 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$10.1B +9% year over year
Gross profit$6.9B 68% margin
Operating profit$3.9B 38% margin
Net profit$2.4B 24% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 10.1 100% +9%
Combustible Tobacco Products 5.8 57% +7%
Smoke Free Products 4.4 44% +12%
Cost of revenue−3.232%
Gross profit6.968% margin+1pp
Operating expenses−330%+0pp
Operating profit3.938% margin+0pp
Tax−0.7
Interest & other costs−0.8
Net profit2.424%−5pp
Filing on EDGAR More quarters of PM

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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