Philip Morris International Q3 FY26: where the revenue came from and where it went
The whole income statement of Philip Morris International for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 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
| 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 |
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