Philip Morris International financials
$193.76+1.72%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.19B | $10.15B | $10.36B | $10.85B | $10.14B | $9.30B | $9.71B | $9.91B | $9.47B | $8.79B | $9.05B | $9.14B |
| Gross profit | $7.66B | $6.91B | $6.80B | $7.36B | $6.87B | $6.27B | $6.28B | $6.54B | $6.12B | $5.60B | $5.58B | $5.98B |
| Gross margin | 68.4% | 68.1% | 65.6% | 67.8% | 67.7% | 67.4% | 64.7% | 66.0% | 64.7% | 63.7% | 61.7% | 65.4% |
| Operating income | $4.53B | $3.89B | $3.37B | $4.26B | $3.71B | $3.54B | $3.26B | $3.65B | $3.43B | $3.04B | $2.88B | $3.36B |
| Net income | $2.82B | $2.44B | $2.13B | $3.47B | $3.04B | $2.69B | -$580.0M | $3.07B | $2.41B | $2.15B | $2.19B | $2.05B |
| Net margin | 25.2% | 24.0% | 20.6% | 32.0% | 30.0% | 28.9% | −6.0% | 31.0% | 25.4% | 24.4% | 24.2% | 22.4% |
| Diluted EPS | $1.80 | $1.56 | $1.37 | $2.23 | $1.95 | $1.72 | $-0.37 | $1.97 | $1.54 | $1.38 | $1.41 | $1.32 |
| EBITDA | $5.04B | $4.40B | $3.89B | $4.77B | $4.24B | $4.02B | $3.74B | $4.15B | $3.88B | $3.41B | $2.88B | $3.79B |
| Operating cash flow | $5.49B | -$399.0M | $4.71B | $4.46B | $3.41B | -$350.0M | $4.00B | $3.34B | $4.63B | $241.0M | $3.30B | $3.42B |
| Free cash flow | $5.11B | -$752.0M | $4.26B | $4.10B | $3.06B | -$754.0M | $3.72B | $2.96B | $4.26B | -$176.0M | $1.84B | $1.27B |
| Diluted shares | 1,560.0M | 1,559.0M | 1,559.0M | 1,558.0M | 1,558.0M | 1,557.0M | 1,557.0M | 1,556.0M | 1,556.0M | 1,555.0M | 1,552.0M | 1,554.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $6.00B | $5.45B | $4.87B | $4.04B | $4.14B | $4.44B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $49.11B | $51.95B | $48.84B | $50.08B | $51.46B | $49.58B |
| Total assets | $68.27B | $68.91B | $69.19B | $67.06B | $68.51B | $65.08B |
| Total liabilities | $74.93B | $76.21B | $77.21B | $76.05B | $78.52B | $74.00B |
| Shareholders' equity | -$6.66B | -$7.30B | -$8.03B | -$8.98B | -$10.01B | -$8.93B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology