# 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.

[ All companies ](https://quova.io/kpis/index.md)

Latest quarter, Q3 2026 ended Sep 30, 2026

Revenue

$11.44B ▲ 5.5%

vs Q3 2025

Gross profit

$7.85B ▲ 6.7%

vs Q3 2025 · 68.7% margin

Operating income

$4.87B ▲ 14.1%

vs Q3 2025 · 42.5% margin

Net income

$3.31B ▼ 4.7%

vs Q3 2025 · 29.0% margin

## Philip Morris's KPIs by quarter

### Revenue

$11.44B +5.5% on Q3 2025

### Revenue by segment

Q3 2026

- Europe
- International Combustibles $6.73B 59%
- SSEA, CIS & MEA
- International Smoke-Free $3.87B 34%
- EA, AU & PMI GTR
- Americas
- Other (3) $845M 7%

### Revenue by product

Q3 2026

- Combustible Tobacco Products $6.81B 60%
- Smoke-Free Products $4.63B 40%

### 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 59%
- International Smoke-Free $2.71B 34%
- U.S. $539M 7%

### 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 

```shell
curl "https://api.quova.io/v1/kpis?symbols=NYSE:PM" \
  -H "Authorization: Bearer $QUOVA_API_KEY"
```

[ Read the reference ](https://quova.io/docs/company-data/index.md#company.kpis)

## Questions

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.

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.

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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