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 2026Apr 24, 2026
Rolls up toTotal Cost of Revenue
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_salesHistorical Data
2 periods
| Q1 '25 | Q1 '26 | |
|---|---|---|
| Value | $990M | $1.15B |
| QoQ Change | — | +16.4% |
| YoY Change | — | +16.4% |
Range$990M – $1.15B
Avg YoY Growth+16.4%
Median YoY Growth+16.4%
Similar Metrics at Other Companies
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.