What is Philip Morris International's international smoke-free — gross profit?

Philip Morris International (PM) reported international smoke-free — gross profit of $2.68B in Q1 2026.

What does international smoke-free — gross profit mean?

The profit remaining from smoke-free product sales after subtracting the direct costs of production.

International Smoke-Free — Gross Profit

Philip Morris International International Smoke-Free — Gross Profit increased by 28.6% to $2.68B in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ1 2025

Last reportedQ1 2026

Rolls up toGross Profit

How to read this metric

Higher gross profit indicates improved pricing power or better cost management in the production of smoke-free alternatives.

Detailed definition

This is the difference between net revenues and the cost of sales for the international smoke-free segment. It measures...

Peer comparison

Standard gross margin analysis used across all manufacturing and consumer goods sectors to assess product-level profitability.

Metric ID: pm_segment_international_smoke_free_gross_profit

Historical Data

2 periods

	Q1 '25	Q1 '26
Value	$2.09B	$2.68B
QoQ Change	—	+28.6%
YoY Change	—	+28.6%

Range$2.09B – $2.68B

Avg YoY Growth+28.6%

Median YoY Growth+28.6%

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Frequently Asked Questions

What is Philip Morris International's international smoke-free — gross profit?: Philip Morris International (PM) reported international smoke-free — gross profit of $2.68B in Q1 2026.
What does international smoke-free — gross profit mean?: The profit remaining from smoke-free product sales after subtracting the direct costs of production.