Philip Morris International Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Philip Morris International Inc (PM). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| International Combustibles | $5.33B 57.3% | $5.88B 58.0% | $5.69B 56.1% | $6.46B 57.7% |
| International Smoke-Free | $3.08B 33.1% | $3.40B 33.5% | $3.84B 37.8% | $3.88B 34.6% |
| U.S. | $899.0M 9.7% | $862.0M 8.5% | $622.0M 6.1% | $856.0M 7.6% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| Combustible Tobacco Products | $5.41B 58.1% | $5.98B 59.0% | $5.77B 56.8% | $6.55B 58.5% |
| Smoke-Free Products | $3.90B 41.9% | $4.16B 41.0% | $4.38B 43.2% | $4.65B 41.5% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.