Short answer
Philip Morris International (PM) filed its Q2 2026 10-Q quarterly report on Jul 24, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $11.2B (up 10.4% year over year) with net income of $2.8B.
Q2 2026 key financials · XBRL
- Revenue
- $11.2B
- +10.4% YoY · +10.3% QoQ
- Net income
- $2.8B
- −7.3% YoY · +15.5% QoQ
- Operating margin
- 40.5%
- Gross margin
- 68.4%
- EPS (diluted)
- $1.80
- −7.7% YoY · +15.4% QoQ
Source: XBRL data from the Philip Morris International (PM) Q2 2026 10-Q on SEC EDGAR. USD.
Philip Morris International Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
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
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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