Business Segments · Cost of Sales

International Smoke-Free — Cost of Sales

Philip Morris International International Smoke-Free — Cost of Sales increased by 16.4% to $1.15B 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 2026

How to read this metric

An increase relative to revenue may signal rising input costs or inefficiencies in the manufacturing of new product categories.

Detailed definition

This includes the direct costs attributable to the production and distribution of smoke-free products, including raw mat...

Peer comparison

Similar to cost of goods sold (COGS) for specialized consumer electronics or high-tech manufacturing segments.

Metric ID: pm_segment_international_smoke_free_cost_of_sales

Historical Data

2 periods
 Q1 '25Q1 '26
Value$990.00M$1.15B
QoQ Change+16.4%
YoY Change+16.4%
Range$990.00M$1.15B
Avg YoY Growth+16.4%
Median YoY Growth+16.4%

Frequently Asked Questions

What is Philip Morris International's international smoke-free — cost of sales?
Philip Morris International (PM) reported international smoke-free — cost of sales of $1.15B in Q1 2026.
What does international smoke-free — cost of sales mean?
The direct costs incurred to manufacture and deliver smoke-free products to customers.