PM at a glance
Philip Morris International (PM, SEC CIK 1413329) filed its latest 10-K annual report on February 6, 2026, a 10-Q quarterly report on July 24, 2026, an 8-K current report on September 18, 2026 and Form 4 insider filings as recently as May 8, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Philip Morris International (PM) reported revenue of $40.6 billion (up 7.3% from FY2024) and net income of $11.3 billion. Diluted EPS was $7.26.
- As of June 30, 2026, 67 institutional investment managers tracked by SignalX reported holding Philip Morris International (PM) shares worth $102.4 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $40.6B
- +7.3% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 67 funds
- $102.4B · −1 vs prior quarter
- Latest 8-K
- Sep 18, 2026
- Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Management Discussion & Analysis
- Cash and cash equivalents $4.9B in 2025 vs $4.2B in 2024, including $2.3B held in Russia vs $1.0B prior year
- Total debt increased to $48.8B in 2025 from $45.7B in 2024, weighted-average debt maturity ~7 years
- Dividends paid $8.6B in 2025, quarterly dividend increased 8.9% to $1.47 per share, annualized rate $5.88 per share
- Commercial paper program capacity $8.0B; no outstanding commercial paper at year-end 2025 or 2024; average balance $3.0B vs $1.3B
- Management expects liquidity requirements met by cash flows, debt financing, and credit facilities; foreign currency risks from capital controls noted in Argentina and Russia
Business Overview
- Core business: international consumer goods company focused on cigarettes and smoke-free products including heat-not-burn, nicotine pouch, and e-vapor
- New emphasis on smoke-free portfolio expansion with acquisition of Swedish Match in November 2022, adding oral nicotine delivery brands IQOS and ZYN
- Strategic U.S. market control gained by ending Altria relationship and holding full IQOS commercialization rights as of April 30, 2024
- FDA authorized marketing and first-ever Modified Risk Tobacco Product orders for IQOS devices, consumables, General snus, and ZYN nicotine pouches
- Over $16 billion invested since 2008 in smoke-free product development, scientific validation, and commercialization initiatives
Risk Factors
- Regulatory risk: Russian divestment subject to complex local regulatory approval and international restrictions, risking material impairment of $4.8B in total Russian assets
- Geopolitical risk: War in Ukraine suspends Kharkiv factory; new $30M production facility started April 2024 supports $0.7B in Ukrainian assets
- Operational risk: Reliance on contract manufacturing and production outside Ukraine due to local safety issues
- Financial risk: $2.3B cash held mostly in Russian rubles exposing liquidity to currency and geopolitical volatility
- Investment risk: $303M carrying value equity stake in JSC TK Megapolis distributor in Russia with uncertain market conditions
AI summary of the PM 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Q2 revenue $11.192B, up 10.4% YoY from $10.140B
- Operating income $4.530B, up from $3.712B; operating margin 40.5% vs 36.6% YoY
- Best segment International Smoke-Free revenue $3.877B, up 14.2%; U.S. smoke-free revenue $768M, up 0.3%
- Worst segment U.S. combustible tobacco revenue $88M, down 8.5% YoY
- Full-year 2026 outlook broadly stable shipment volume; headwinds from unfavorable U.S. volume/mix and higher manufacturing costs
Risk Factors
- Risk Factors section not provided in the submitted filing text
- No new or changed regulatory, legal, operational, competitive, market, or financial risks identifiable
- Share repurchases limited to employee tax withholding, totaling 19,352 shares at $166.14 average price
AI summary of the PM 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Filing contains only signature and Inline XBRL cover-page information
- No substantive Regulation FD disclosure or investor-actionable information included
Item 7.01: Regulation FD Disclosure
- Filing contains only signature certification for Philip Morris International
- No substantive Regulation FD disclosure or investor-relevant event identified
Item 7.01: Regulation FD Disclosure
- Filing contains only signature and cover-page data, without substantive Regulation FD disclosure
- No investor-relevant operating, financial, strategic, or market information provided
AI summaries of PM 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for PM
Don't miss the next PM filing
- Alerts as it files. A push when PM files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut PM, by share count.
- Ask anything. An AI agent that reads every PM filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Morparia Kalpana | A | May 6, 2026 | 1,119 | $169.93 |
| Polet Robert | A | May 6, 2026 | 1,119 | $169.93 |
| Bough Bonin | A | May 6, 2026 | 1,119 | $169.93 |
| Hook Lisa | A | May 6, 2026 | 1,119 | $169.93 |
| Yanai Shlomo | A | May 6, 2026 | 1,119 | $169.93 |
| Combes Michel | A | May 6, 2026 | 1,119 | $169.93 |
| Calantzopoulos Andre | A | May 6, 2026 | 1,119 | $169.93 |
| Harker Victoria D | A | May 6, 2026 | 1,119 | $169.93 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $37.9B | $40.6B |
| Gross Profit | - | $24.5B | $27.3B |
| Operating Income | - | $13.4B | $14.9B |
| Net Income | - | $7.1B | $11.3B |
| Gross Margin | - | 64.8% | 67.1% |
| Op. Margin | - | 35.4% | 36.6% |
| Net Margin | - | 18.6% | 27.9% |
| Balance Sheet | |||
| Total Assets | $65.3B | $61.8B | $69.2B |
| Equity | -$11.2B | -$11.8B | -$10.0B |
| ROE | - | -60.1% | -113.5% |
| Per Share | |||
| EPS | - | $4.52 | $7.26 |
| Cash Flow | |||
| Operating CF | - | $12.2B | $12.2B |
| CapEx | - | $1.4B | $1.6B |
Source: XBRL data in Philip Morris International (PM)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate PM share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 67 | $102.42B |
| Q1 2026 | 68 | $91.76B |
| Q4 2025 | 66 | $85.80B |
| Q3 2025 | 68 | $97.68B |
| Q2 2025 | 67 | $98.71B |
| Q1 2025 | 66 | $65.08B |
| Q4 2024 | 61 | $38.38B |
| Q3 2024 | 54 | $18.91B |
- BNY Mellon+2.76M (+31%)
- Franklin Resources+2.72M (+16%)
- FMR LLC (Fidelity)+1.75M (+4%)
- Goldman Sachs Group+1.31M (+15%)
- Morgan Stanley+1.09M (+4%)
- JPMorgan Chase & Co−3.40M (-7%)
- Northern Trust−462.3K (-3%)
- AQR Capital Management−391.1K (-13%)
- Prudential Financial−264.0K (-19%)
- Bank of America Corp−231.8K (-1%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 517 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
PM filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 18, 2026 | - | Analysis | - |
| 8-K | Sep 8, 2026 | - | Analysis | - |
| 8-K | Sep 8, 2026 | - | Analysis | - |
| 8-K | Aug 24, 2026 | - | Analysis | - |
| 10-Q | Jul 24, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 22, 2026 | - | Analysis | - |
| 8-K | Jul 9, 2026 | - | Analysis | - |
| 8-K | Jun 29, 2026 | - | Analysis | - |
| 8-K | Jun 16, 2026 | - | Analysis | - |
| 8-K | Jun 11, 2026 | - | Analysis | - |
| 8-K | Jun 2, 2026 | - | Analysis | |
| 8-K | May 20, 2026 | - | Analysis | |
| SC 13G | May 14, 2026 | - | - | |
| 4 | May 8, 2026 | - | - | |
| 4 | May 8, 2026 | - | - | |
| 4 | May 8, 2026 | - | - | |
| 4 | May 8, 2026 | - | - | |
| 4 | May 8, 2026 | - | - | |
| 4 | May 8, 2026 | - | - | |
| 4 | May 8, 2026 | - | - | |
| 4 | May 8, 2026 | - | - | |
| 8-K | May 8, 2026 | - | Analysis | |
| 4 | May 8, 2026 | - | - | |
| 8-K | May 6, 2026 | - | - | |
| SC 13G | Apr 30, 2026 | - | - |
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PM SEC filings: frequently asked questions
Which institutions hold PM stock?
As of June 30, 2026, the largest Philip Morris International (PM) holders among the 13F filers tracked by SignalX were BlackRock ($19.5 billion), Vanguard Capital Management LLC ($18.4 billion), State Street Corp ($10.1 billion), JPMorgan Chase & Co ($8.8 billion), FMR LLC (Fidelity) ($8.4 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was PM's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Philip Morris International (PM) reported revenue of $40.6 billion (up 7.3% from FY2024) and net income of $11.3 billion. Diluted EPS was $7.26. The figures come from the XBRL data in the 10-K.
What are the main risks in PM's latest 10-K?
In the 10-K filed February 6, 2026, Philip Morris International (PM) flagged: Regulatory risk: Russian divestment subject to complex local regulatory approval and international restrictions, risking material impairment of $4.8B in total Russian assets. Geopolitical risk: War in Ukraine suspends Kharkiv factory; new $30M production facility started April 2024 supports $0.7B in Ukrainian assets. (AI summary of the Risk Factors section.)
What did PM report in its latest 8-K?
Philip Morris International (PM) filed an 8-K on September 18, 2026 reporting Item 7.01 (Regulation FD Disclosure). Filing contains only signature and Inline XBRL cover-page information.
What are the latest PM SEC filings?
Philip Morris International (PM) filed its latest 10-K annual report on February 6, 2026, a 10-Q quarterly report on July 24, 2026, an 8-K current report on September 18, 2026 and a Form 4 insider filing on May 8, 2026.
What is PM's SEC CIK number?
Philip Morris International (PM)'s SEC Central Index Key (CIK) is 1413329. EDGAR lists every PM filing under that number.
Ask anything about PM
The research agent reads PM's filings, financials, insider trades and 13F holders, then answers with sources.