Income Statement - Philip Morris International Inc. (PM)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 40.65 | 37.88 | 35.17 | 31.76 | 31.41 | 28.69 | 29.81 | 29.63 | 28.75 | 26.69 | 26.79 | 29.77 | 31.22 | 31.38 | 31.10 | 27.21 | 25.04 | 25.71 | 22.80 | 20.77 |
| Cost of revenue | 13.37 | 13.33 | 12.89 | 11.40 | 2.81 | 9.57 | 10.51 | 10.76 | 10.43 | 9.39 | 9.37 | 10.44 | 10.41 | 10.37 | 10.68 | 9.71 | 9.02 | 9.33 | 8.72 | 8.15 |
| Gross profit | 27.28 | 24.55 | 22.28 | 20.36 | 5.30 | 19.13 | 19.29 | 18.87 | 18.32 | 17.29 | 17.43 | 19.33 | 20.81 | 21.00 | 20.42 | 17.50 | 16.01 | 16.38 | 14.08 | 12.64 |
| Total operating expenses | 12.35 | 11.15 | 10.73 | 8.11 | 2.35 | 7.46 | 8.76 | 7.47 | 6.75 | 6.39 | 6.81 | 7.63 | 7.31 | 7.16 | 7.08 | 6.25 | 5.94 | 6.13 | 5.21 | 4.64 |
| Operating income | 14.93 | 13.40 | 11.56 | 12.25 | 2.95 | 11.72 | 10.53 | 11.34 | 11.58 | 10.90 | 10.62 | 11.70 | 13.70 | 13.95 | 13.53 | 11.20 | 10.21 | 10.57 | 8.87 | 8.01 |
| Non-operating income (net) | -0.35 | -1.20 | -0.95 | -0.48 | -0.18 | -0.75 | -0.51 | -0.61 | -0.93 | -0.89 | -0.90 | -0.95 | -1.18 | -0.96 | -1.00 | -0.88 | -0.97 | -0.63 | -0.01 | 0.22 |
| Income before tax | 14.59 | 12.20 | 10.61 | 11.77 | 2.77 | 10.97 | 10.02 | 10.73 | 10.65 | 10.02 | 9.72 | 10.76 | 12.52 | 12.99 | 12.53 | 10.32 | 9.24 | 9.94 | 8.86 | 8.23 |
| Income tax expense | 2.74 | 2.38 | 2.34 | 2.24 | 0.59 | 2.38 | 2.29 | 2.45 | 4.31 | 2.77 | 2.69 | 3.10 | 3.67 | 3.83 | 3.65 | 2.83 | 2.69 | 2.79 | 2.56 | 1.83 |
| Net income | 11.35 | 7.03 | 7.79 | 9.05 | 2.23 | 8.06 | 7.19 | 7.91 | 6.04 | 6.97 | 6.87 | 7.49 | 8.58 | 8.80 | 8.59 | 7.26 | 6.34 | 6.89 | 6.03 | 6.15 |
Show Quarterly Income Statement
Income Statement - Philip Morris International Inc. (PM)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 10.15 | 10.36 | 10.85 | 10.14 | 9.30 | 9.71 | 9.91 | 9.47 | 8.79 | 9.05 | 9.14 | 8.97 | 8.02 | 8.15 | 8.03 | 7.83 | 7.75 | 8.10 | 8.12 | 7.59 | 7.59 | 7.44 | 7.45 | 6.65 | 7.15 | 7.71 | 7.64 | 7.70 | 6.75 | 7.50 | 7.50 | 7.73 | 6.90 | 8.29 | 7.47 | 6.92 | 6.06 | 6.97 | 6.98 | 6.65 | 6.08 | 6.39 | 6.93 | 6.86 | 6.62 | 7.20 | 7.86 | 7.80 | 6.92 | 7.79 | 7.93 | 7.92 | 7.58 | 7.89 | 7.92 | 8.12 | 7.45 | 7.67 | 8.36 | 8.27 | 6.79 | 7.04 | 6.61 | 7.06 | 6.50 | 6.72 | 6.59 | 6.13 | 5.60 | 5.71 | 6.95 | 6.71 | 5.92 | 5.50 | 5.92 | 5.84 | 5.55 | -15.43 | 12.07 | 12.07 | 12.07 |
| Cost of revenue | 3.24 | 3.56 | 3.49 | 3.28 | 3.04 | 3.42 | 3.37 | 3.35 | 3.20 | 3.43 | 3.15 | 3.23 | 3.02 | 3.08 | 2.94 | 2.65 | 2.58 | 2.81 | 2.60 | 2.35 | 2.29 | 2.57 | 2.42 | 2.18 | 2.40 | 2.78 | 2.61 | 2.67 | 2.47 | 2.78 | 2.62 | 2.74 | 2.62 | 3.00 | 2.74 | 2.52 | 2.18 | 2.50 | 2.43 | 2.36 | 2.10 | 2.38 | 2.38 | 2.38 | 2.23 | 2.63 | 2.73 | 2.70 | 2.37 | 2.60 | 2.62 | 2.70 | 2.49 | 2.68 | 2.58 | 2.67 | 2.44 | 2.69 | 2.85 | 2.84 | 2.30 | 2.50 | 2.29 | 2.55 | 2.37 | 2.55 | 2.32 | 2.19 | 1.97 | 2.09 | 2.48 | 2.46 | 2.30 | 2.13 | 2.23 | 2.24 | 2.12 | 34.98 | 0.00 | 0.00 | 0.00 |
| Gross profit | 6.91 | 6.80 | 7.36 | 6.86 | 6.26 | 6.28 | 6.55 | 6.12 | 5.60 | 5.62 | 5.99 | 5.74 | 5.00 | 5.07 | 5.10 | 5.18 | 5.16 | 5.30 | 5.53 | 5.24 | 5.29 | 4.87 | 5.03 | 4.47 | 4.75 | 4.94 | 5.04 | 5.03 | 4.29 | 4.72 | 4.89 | 4.98 | 4.28 | 5.29 | 4.74 | 4.40 | 3.89 | 4.47 | 4.55 | 4.29 | 3.99 | 4.02 | 4.54 | 4.48 | 4.39 | 4.57 | 5.12 | 5.10 | 4.54 | 5.19 | 5.31 | 5.22 | 5.10 | 5.21 | 5.34 | 5.45 | 5.01 | 4.98 | 5.52 | 5.43 | 4.50 | 4.54 | 4.32 | 4.51 | 4.12 | 4.17 | 4.27 | 3.95 | 3.63 | 3.63 | 4.47 | 4.25 | 4.03 | 3.37 | 3.69 | 3.59 | 3.43 | 12.07 | 12.07 | 12.07 | 12.07 |
| Total operating expenses | 3.01 | 3.43 | 3.10 | 3.11 | 2.72 | 3.02 | 2.89 | 2.68 | 2.55 | 2.73 | 2.61 | 3.17 | 2.27 | 2.15 | 2.13 | 2.13 | 1.87 | 2.35 | 2.07 | 2.11 | 2.07 | 1.97 | 1.79 | 1.74 | 1.96 | 2.43 | 2.25 | 1.85 | 2.24 | 2.02 | 1.73 | 1.89 | 1.86 | 1.98 | 1.65 | 1.66 | 1.47 | 1.86 | 1.57 | 1.52 | 1.51 | 2.12 | 1.59 | 1.57 | 1.50 | 2.03 | 1.78 | 2.23 | 1.59 | 1.98 | 1.71 | 1.90 | 1.72 | 1.99 | 1.71 | 1.84 | 1.60 | 2.05 | 1.84 | 1.72 | 1.47 | 1.79 | 1.49 | 1.61 | 1.41 | 1.70 | 1.42 | 1.52 | 1.31 | 1.69 | 1.57 | 1.64 | 1.22 | 1.34 | 1.18 | 1.37 | 1.30 | 12.07 | 0.00 | 0.00 | 0.00 |
| Operating income | 3.89 | 3.37 | 4.26 | 3.75 | 3.54 | 3.26 | 3.65 | 3.44 | 3.05 | 2.89 | 3.37 | 2.57 | 2.73 | 2.92 | 2.97 | 3.06 | 3.30 | 2.96 | 3.46 | 3.13 | 3.22 | 2.91 | 3.24 | 2.73 | 2.79 | 2.51 | 2.79 | 3.19 | 2.05 | 2.70 | 3.15 | 3.09 | 2.42 | 3.32 | 3.09 | 2.74 | 2.42 | 2.61 | 2.98 | 2.75 | 2.47 | 1.90 | 2.96 | 2.89 | 2.87 | 2.53 | 3.34 | 2.87 | 2.97 | 3.37 | 3.60 | 3.34 | 3.39 | 3.32 | 3.62 | 3.60 | 3.40 | -10.40 | 0.00 | 3.71 | 3.01 | 2.74 | 2.84 | 2.91 | 2.72 | 2.44 | 2.85 | 2.43 | 2.32 | 1.94 | 2.89 | 2.61 | 3.14 | 2.03 | 2.50 | 2.22 | 2.13 | -27.83 | 12.07 | 12.07 | 12.07 |
| Non-operating income (net) | -0.64 | -0.45 | 0.10 | 0.05 | -0.05 | -1.19 | 0.30 | -0.18 | -0.12 | -0.26 | -0.17 | -0.32 | -0.20 | -0.02 | -0.12 | -0.12 | -0.21 | -0.14 | -0.13 | -0.19 | 0.07 | -0.17 | -0.17 | -0.15 | -0.21 | -0.10 | -0.11 | -0.14 | -0.16 | -0.15 | -0.12 | -0.15 | -0.21 | -0.26 | -0.23 | -0.21 | -0.24 | -0.20 | -0.22 | -0.22 | -0.24 | -0.19 | -0.23 | -0.23 | -0.25 | -0.23 | -0.22 | -0.23 | -0.28 | -0.44 | -0.25 | -0.26 | -0.24 | -0.33 | -0.21 | -0.21 | -0.21 | 0.61 | 0.01 | -0.21 | -0.21 | -0.22 | -0.21 | -0.22 | -0.22 | -0.23 | -0.22 | -0.19 | -0.16 | -0.11 | -0.07 | -0.06 | -0.40 | -0.01 | 0.02 | 0.00 | -0.01 | 31.44 | -10.53 | -10.53 | -10.53 |
| Income before tax | 3.26 | 2.93 | 4.36 | 3.80 | 3.50 | 2.07 | 3.95 | 3.26 | 2.92 | 2.63 | 3.20 | 2.24 | 2.53 | 2.90 | 2.84 | 2.94 | 3.08 | 2.82 | 3.32 | 2.94 | 3.29 | 2.73 | 3.08 | 2.58 | 2.58 | 2.41 | 2.68 | 3.05 | 1.89 | 2.55 | 3.03 | 2.94 | 2.21 | 3.06 | 2.86 | 2.53 | 2.18 | 2.41 | 2.76 | 2.53 | 2.24 | 1.71 | 2.73 | 2.66 | 2.62 | 2.30 | 3.12 | 2.65 | 2.69 | 2.93 | 3.35 | 3.09 | 3.15 | 2.99 | 3.41 | 3.40 | 3.19 | -9.78 | 0.01 | 3.50 | 2.79 | 2.53 | 2.62 | 2.68 | 2.49 | 2.22 | 2.63 | 2.24 | 2.16 | 1.83 | 2.82 | 2.55 | 2.74 | 2.02 | 2.51 | 2.21 | 2.12 | 3.62 | 1.54 | 1.54 | 1.54 |
| Income tax expense | 0.68 | 0.68 | 0.75 | 0.65 | 0.66 | 0.24 | 0.74 | 0.73 | 0.68 | 0.32 | 1.03 | 0.56 | 0.43 | 0.41 | 0.62 | 0.59 | 0.62 | 0.59 | 0.74 | 0.65 | 0.70 | 0.61 | 0.64 | 0.53 | 0.60 | 0.62 | 0.64 | 0.61 | 0.42 | 0.55 | 0.69 | 0.64 | 0.56 | 2.27 | 0.81 | 0.69 | 0.54 | 0.66 | 0.76 | 0.72 | 0.63 | 0.41 | 0.75 | 0.74 | 0.79 | 0.65 | 0.92 | 0.75 | 0.78 | 0.89 | 0.95 | 0.89 | 0.93 | 0.80 | 1.09 | 0.99 | 0.96 | 0.80 | 1.02 | 1.02 | 0.81 | 0.72 | 0.73 | 0.64 | 0.74 | 0.63 | 0.78 | 0.64 | 0.65 | 0.52 | 0.67 | 0.79 | 0.81 | 0.57 | 0.71 | 0.67 | 0.62 | -1.54 | -1.54 | -1.54 | -1.54 |
| Net income | 2.44 | 2.14 | 3.48 | 3.04 | 2.69 | -0.58 | 3.08 | 2.41 | 2.15 | 2.20 | 2.05 | 1.57 | 2.00 | 2.40 | 2.09 | 2.23 | 2.33 | 2.09 | 2.43 | 2.17 | 2.42 | 1.98 | 2.31 | 1.95 | 1.83 | 1.62 | 1.90 | 2.32 | 1.35 | 1.91 | 2.25 | 2.20 | 1.56 | 0.69 | 1.97 | 1.78 | 1.59 | 1.71 | 1.94 | 1.79 | 1.53 | 1.25 | 1.94 | 1.89 | 1.80 | 1.61 | 2.16 | 1.85 | 1.88 | 1.99 | 2.34 | 2.12 | 2.13 | 2.10 | 2.23 | 2.32 | 2.16 | 1.89 | 2.38 | 2.41 | 1.92 | 1.75 | 1.82 | 1.98 | 1.70 | 1.52 | 1.80 | 1.55 | 1.48 | 1.25 | 2.08 | 1.69 | 1.87 | 1.37 | 1.73 | 1.48 | 1.45 | 1.54 | 1.54 | 1.54 | 1.54 |