%22%20d%3D%22M50.5%2036.41A25%2025%200%200%201%2036.41%2050.5L31.27%2037.48A11%2011%200%200%200%2037.48%2031.27Z%22%2F%3E%0A%3C%2Fsvg%3E){kind=small}
Revenue
$11.44B +5.5% on Q3 2025
NYSE:PM
Philip Morris KPIs
Philip Morris had revenue of $11.4 billion in Q3 2026, the quarter that ended Sep 30, 2026, 5.5% more than a year earlier. Below are its quarterly and annual figures, split by segment and product.
Latest quarter, Q3 2026 ended Sep 30, 2026
Revenue
$11.44B ▲
5.5%
Gross profit
$7.85B ▲
6.7%
Operating income
$4.87B ▲
14.1%
Net income
$3.31B ▼
4.7%
Revenue by segment
Q3 2026
- Europe
- International Combustibles $6.73B
- SSEA, CIS & MEA
- International Smoke-Free $3.87B
- EA, AU & PMI GTR
- Americas
- Other (3) $845M
Revenue by product
Q3 2026
- Combustible Tobacco Products $6.81B
- Smoke-Free Products $4.63B
Margins
Q3 2026
- Gross margin 68.7%
- Operating margin 42.5%
- Net margin 29%
Gross profit
$7.85B +6.7% on Q3 2025
Gross profit by segment
Q3 2026
- International Combustibles $4.61B
- International Smoke-Free $2.71B
- U.S. $539M
Operating income
$4.87B +14.1% on Q3 2025
Operating income by segment
Q3 2026
- Europe
- SSEA, CIS & MEA
- EA, AU & PMI GTR
- Americas
- Other (2)
Net income
$3.31B −4.7% on Q3 2025
Philip Morris's figures by quarter
Revenue
| Philip Morris revenue by quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | $11.44B | $11.19B | $10.15B | $10.36B | $10.85B | $10.14B | $9.30B | $9.71B | $9.91B | $9.47B | $8.79B | $9.05B | $9.14B | $8.97B | $8.02B | $8.15B | $8.03B | $7.83B | $7.75B | $8.10B |
| Segments | ||||||||||||||||||||
| International Combustibles | $6.73B | $6.46B | $5.69B | $6.32B | $5.88B | $5.33B | ||||||||||||||
| Europe | $4.14B | $4.20B | $3.90B | $3.46B | $3.61B | $3.82B | $3.57B | $3.07B | $3.06B | $3.27B | $3.31B | $3.22B | ||||||||
| International Smoke-Free | $3.87B | $3.88B | $3.84B | $3.84B | $3.40B | $3.08B | ||||||||||||||
| SSEA, CIS & MEA | $2.87B | $2.96B | $2.77B | $2.66B | $2.71B | $2.78B | $2.67B | $2.48B | $2.69B | $2.82B | $2.51B | $2.45B | ||||||||
| EA, AU & PMI GTR | $1.43B | $1.60B | $1.67B | $1.68B | $1.43B | $1.57B | $1.68B | $1.52B | $1.48B | $1.41B | $1.46B | $1.59B | ||||||||
| Americas | $1.26B | $1.15B | $1.13B | $996.00M | $545.00M | $895.00M | $969.00M | $868.00M | $536.00M | $474.00M | $469.00M | $424.00M | $523.00M | |||||||
| U.S. | $845.00M | $856.00M | $622.00M | $689.00M | $862.00M | $899.00M | ||||||||||||||
| Wellness and Healthcare | $75.00M | $76.00M | $86.00M | $72.00M | $57.00M | $76.00M | $66.00M | $101.00M | ||||||||||||
| Swedish Match | $0.00 | $0.00 | $0.00 | |||||||||||||||||
| Products | ||||||||||||||||||||
| Combustible Tobacco Products | $6.81B | $6.55B | $5.77B | $6.01B | $6.40B | $5.98B | $5.41B | $5.82B | $6.13B | $5.86B | $5.41B | $5.49B | $5.83B | $5.79B | $5.22B | $5.21B | $5.59B | $5.46B | $5.30B | |
| Smoke-Free Products | $4.63B | $4.65B | $4.38B | $4.35B | $4.45B | $4.16B | $3.90B | $3.89B | $3.78B | $3.61B | $3.39B | $3.56B | $3.31B | $3.18B | $2.80B | $2.94B | $2.44B | $2.37B | $2.44B | |
Gross profit
| Philip Morris gross profit by quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | $7.85B | $7.66B | $6.91B | $6.80B | $7.36B | $6.87B | $6.27B | $6.28B | $6.55B | $6.12B | $5.60B | $5.59B | $5.98B | $5.74B | $4.98B | $4.94B | $5.10B | $5.18B | $5.14B | $5.30B |
| Segments | ||||||||||||||||||||
| International Combustibles | $4.61B | $4.39B | $3.84B | $4.24B | $3.94B | $3.50B | ||||||||||||||
| International Smoke-Free | $2.71B | $2.72B | $2.68B | $2.68B | $2.32B | $2.09B | ||||||||||||||
| U.S. | $539.00M | $555.00M | $380.00M | $434.00M | $611.00M | $685.00M | ||||||||||||||
Operating income
| Philip Morris operating income by quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | $4.87B | $4.53B | $3.89B | $3.37B | $4.26B | $3.71B | $3.54B | $3.26B | $3.65B | $3.44B | $3.05B | $2.89B | $3.37B | $2.57B | $2.73B | $2.92B | $2.97B | $3.06B | $3.30B | $2.95B |
| Segments | ||||||||||||||||||||
| Europe | $1.91B | $2.15B | $1.67B | $1.44B | $1.75B | $1.77B | $1.62B | $1.41B | $1.57B | $1.72B | $1.62B | $1.22B | $1.36B | $1.42B | $1.47B | $1.56B | ||||
| SSEA, CIS & MEA | $941.00M | $1.24B | $1.00B | $920.00M | $806.00M | $960.00M | $891.00M | $772.00M | $676.00M | $823.00M | $880.00M | $734.00M | $855.00M | $1.09B | $958.00M | $965.00M | ||||
| EA, AU & PMI GTR | $514.00M | $846.00M | $853.00M | $913.00M | $574.00M | $788.00M | $753.00M | $763.00M | $561.00M | $769.00M | $557.00M | $637.00M | $678.00M | $533.00M | $528.00M | $685.00M | ||||
| Americas | $8.00M | $32.00M | $191.00M | $274.00M | $129.00M | $137.00M | $183.00M | $99.00M | −$79.00M | $98.00M | $243.00M | $183.00M | $100.00M | $85.00M | $130.00M | $121.00M | $120.00M | |||
| Swedish Match | $0.00 | $0.00 | $0.00 | |||||||||||||||||
| Wellness and Healthcare | −$37.00M | −$733.00M | −$38.00M | −$42.00M | −$151.00M | −$34.00M | −$31.00M | −$1.00M | ||||||||||||
Net income
| Philip Morris net income by quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | $3.31B | $2.82B | $2.44B | $2.14B | $3.48B | $3.04B | $2.69B | −$579.00M | $3.08B | $2.41B | $2.15B | $2.20B | $2.05B | $1.57B | $2.00B | $2.40B | $2.09B | $2.23B | $2.33B | $2.09B |
Philip Morris's latest quarter
Revenue was $11.4 billion, gross profit was $7.9 billion, operating income was $4.9 billion and net income was $3.3 billion. That's a gross margin of 68.7%, operating margin of 42.5% and net margin of 29.0%.
International Combustibles was the largest segment, with $6.7 billion or 59% of revenue.
Philip Morris's fiscal year
Philip Morris reports on the calendar year, so 2025 ended on Dec 31, 2025 and its quarters line up with the calendar's.
Get Philip Morris's KPIs from the API
/v1/kpis returns the same series as this page. Send it up to 100 symbols at once, pick quarterly, half
year or annual periods, and narrow it to the KPIs you need.
GET
/v1/kpis 2 credits per instrument curl "https://api.quova.io/v1/kpis?symbols=NYSE:PM" \
-H "Authorization: Bearer $QUOVA_API_KEY"Questions
How up to date is it?
Each page is built with the figures we had when it was published, then checks for newer ones every time it's opened. A new quarter shows up here soon after Philip Morris reports it.
Can I get these figures in my own code?
Yes. GET /v1/kpis returns the same series as JSON or CSV, for other US companies as well as these. Some companies have KPIs of their own there too, like trips at Uber. It works over REST, or from an AI assistant through our MCP server.
What does the API cost?
2 credits per instrument. It's included in every paid plan, and in the trial. Anything that comes back as an error isn't billed.
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