In Q2 FY2026, Philip Morris International reported revenue of $11.19 billion, up 10.4% year-over-year. Operating income rose 22.0% to $4.53 billion, while net income decreased 7.3% to $2.82 billion. Diluted EPS was $1.80, down 7.7% from the prior year. The company held $6.00 billion in cash and had negative equity of $8.58 billion.
•Revenue increased 10.4% YoY to $11.19B.
•Operating income grew 22.0% to $4.53B.
•Net income fell 7.3% to $2.82B; diluted EPS down 7.7% to $1.80.
•Cash balance of $6.00B; equity deficit of $8.58B.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Philip Morris International is a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches Wellness products. Incorporated in 1987, the company is headquartered in Stamford, Connecticut.
Philip Morris International (PM) is a tobacco company that offers cigarettes and smoke-free products. Its product portfolio includes heat-not-burn devices under the IQOS brand, e-vapor products under VEEV, and oral nicotine products under ZYN. The company also sells consumer accessories such as lighters and matches, as well as wellness products. PM focuses on transitioning adult smokers to less harmful alternatives through its smoke-free offerings, which are a key part of its strategy. The company operates globally, with a strong presence in markets outside the United States.
Where is Philip Morris International (PM) listed and in which currency?
Philip Morris International (PM) is listed on the New York Stock Exchange (NYSE) under the ticker symbol PM. Its financial reporting is in US Dollars (USD), as it is a US-based company. The NYSE is one of the world's largest stock exchanges, providing liquidity and visibility for PM's shares. Investors can trade PM shares during regular US market hours, and the stock is a component of major indices such as the S&P 500.
What sector and industry does Philip Morris International (PM) belong to?
Philip Morris International (PM) operates in the Consumer Defensive sector and the Tobacco industry. The Consumer Defensive sector includes companies that produce essential goods and services that are in demand regardless of economic conditions, such as food, beverages, and household products. As a tobacco company, PM is part of an industry that faces significant regulation and health-related challenges, but also benefits from consistent consumer demand. The company's focus on smoke-free products represents an adaptation to changing consumer preferences and regulatory pressures.
Where is Philip Morris International (PM) headquartered and what markets does it serve?
Philip Morris International (PM) is headquartered in Stamford, Connecticut, United States. The company was incorporated in 1987. While PM is based in the US, it operates internationally, with a focus on markets outside the United States. Its products are sold in numerous countries across the globe, and it has a significant presence in Europe, Asia, and other regions. The company's smoke-free products, such as IQOS, are particularly popular in markets like Japan and Europe, where reduced-risk products have gained traction.
How does Philip Morris International (PM) make money?
Philip Morris International (PM) generates revenue primarily through the sale of cigarettes and smoke-free products. Its cigarette brands include well-known names, while its smoke-free portfolio consists of heat-not-burn products (IQOS), e-vapor products (VEEV), and oral nicotine products (ZYN). The company also sells consumer accessories like lighters and matches, as well as wellness products. PM's business model focuses on transitioning adult smokers to its smoke-free alternatives, which are often sold at premium prices. The company's international operations allow it to diversify its revenue streams across different regions and regulatory environments.