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Philip Morris International PM International Smoke-Free — Cost of Sales
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Where this comes from
Reported directly by Philip Morris International in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
The source filing: Philip Morris International’s 10-Q, filed July 24, 2026.
- Filed
- Jul 24, 2026, 6:44 AM EDT
- Fiscal quarter
- Q4 FY2026
- Calendar quarter
- Q4 2026
- Accession
- 0001628280-26-049493
| (in millions) / For the Three Months Ended June 30, 2026 | International Smoke-Free | International Combustibles | U.S. | Total |
|---|---|---|---|---|
| Net revenues | $3,877 | $6,459 | $856 | $11,192 |
| Cost of sales | (1,161) | (2,071) | (301) | (3,533) |
| Gross profit | $2,716 | $4,388 | $555 | $7,659 |
| For the Three Months Ended June 30, 2025 | ||||
| Net revenues | $3,395 | $5,883 | $862 | $10,140 |
| Cost of sales | (1,076) | (1,947) | (252) | (3,274) |
| Gross profit | $2,319 | $3,936 | $611 | $6,866 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Philip Morris International's international smoke-free — cost of sales?
- Philip Morris International (PM) reported international smoke-free — cost of sales of $1.16B in Q2 2026.
- What does international smoke-free — cost of sales mean?
- This includes the direct costs attributable to the production and distribution of smoke-free products, including raw materials, manufacturing labor, and logistics. It reflects the efficiency of the supply chain and the cost structure of newer, technology-driven nicotine delivery systems. Tracking this is essential for understanding the margin profile of the smoke-free transition.
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