Business Segments · Cost of Sales
International Combustibles — Cost of Sales
Philip Morris International International Combustibles — Cost of Sales increased by 1.1% to $1.85B in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2025
Last reportedQ1 2026Apr 24, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
Lower costs relative to revenue indicate improved manufacturing efficiency, whereas rising costs may signal inflationary pressures or supply chain inefficiencies.
Detailed definition
This includes the direct costs associated with manufacturing and distributing combustible tobacco products, including ra...
Peer comparison
Standard cost of goods sold metric used across the consumer packaged goods and tobacco industries.
Metric ID:
pm_segment_international_combustibles_cost_of_salesHistorical Data
2 periods
| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $1.83B | $1.85B |
| QoQ Change | — | +1.1% |
| YoY Change | — | +1.1% |
Range$1.83B – $1.85B
Avg YoY Growth+1.1%
Median YoY Growth+1.1%
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Frequently Asked Questions
- What is Philip Morris International's international combustibles — cost of sales?
- Philip Morris International (PM) reported international combustibles — cost of sales of $1.85B in Q1 2026.
- What does international combustibles — cost of sales mean?
- The direct costs incurred to manufacture and supply international cigarette products.