Philip Morris International PM Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net revenues by Business | ||||||
| International Combustibles | $5.69B+6.8% | —— | —— | —— | $5.33B— | |
| International Smoke-Free | $3.84B+24.7% | —— | —— | —— | $3.08B— | |
| U.S. | $622M-30.8% | —— | —— | —— | $899M— | |
| Gross Profit by Business | ||||||
| International Combustibles | $3.84B+9.8% | —— | —— | —— | $3.5B— | |
| International Smoke-Free | $2.68B+28.6% | —— | —— | —— | $2.09B— | |
| U.S. | $380M-44.5% | —— | —— | —— | $685M— | |
| Cost of Sales by Business | ||||||
| International Combustibles | $1.85B+1.1% | —— | —— | —— | $1.83B— | |
| International Smoke-Free | $1.15B+16.4% | —— | —— | —— | $990M— | |
| U.S. | $242M+12.6% | —— | —— | —— | $215M— | |
| Depreciation, Depletion and Amortization by Business | ||||||
| International Combustibles | $67M-5.6% | —— | —— | —— | $71M— | |
| International Smoke-Free | $90M+15.4% | —— | —— | —— | $78M— | |
| Goodwill (Note 5) by Business | ||||||
| International Combustibles | $4.77B— | $4.86B— | —— | —— | —— | |
| International Smoke-Free | $3.82B— | $3.91B— | —— | —— | —— | |
| U.S. | $8.48B— | $8.49B— | —— | —— | —— | |
| Currency by Business | ||||||
| International Combustibles | -$90M— | —— | —— | —— | —— | |
| International Smoke-Free | -$97M— | —— | —— | —— | —— | |
| U.S. | -$8M— | —— | —— | —— | —— | |
| Net revenues (Notes 5 & 11) by Product | ||||||
| Combustible Tobacco Products | $5.77B+6.7% | $6.01B+3.2% | $6.4B+4.3% | $5.98B+2.1% | $5.41B0.0% | |
| Smoke-Free Products | $4.38B+12.4% | $4.35B+12.0% | $4.45B+17.7% | $4.16B+15.3% | $3.9B+15.0% | |
| Other investments by Geography | ||||||
| Argentina | $103M— | —— | —— | —— | —— | |
| Indonesia | $26M— | —— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Philip Morris International break its business down?
- Philip Morris International (PM) reports net revenues by business across 3 parts — International Combustibles, International Smoke-Free and U.S.. Each is extracted from the segment footnotes and tracked over time.
- Where does Philip Morris International's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Philip Morris International's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
