Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Philip Morris International Inc. Revenue & Financial Statements
Philip Morris International Inc. reported revenue of $40.6B for the fiscal year ended December 31, 2025, up 7.3% year over year, with net income of $11.8B and diluted EPS of $7.26.
- Company
- Philip Morris International Inc. PM · NYSE
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 31.4B | 31.8B | 35.2B | 37.9B | 40.6B |
| Cost of revenue | 10.0B | 11.4B | 12.9B | 13.3B | 13.4B |
| Gross profit | 21.4B | 20.4B | 22.3B | 24.5B | 27.3B |
| Operating income | 13.0B | 12.2B | 11.6B | 13.4B | 14.9B |
| Pretax income | — | — | — | — | 13.0B |
| Net income | 9.1B | 9.0B | 7.8B | 7.0B | 11.8B |
| Diluted EPS | 5.83 | 5.81 | 5.02 | 4.52 | 7.26 |
| EBITDA | 13.9B | — | 12.5B | 14.4B | 16.9B |
Quarterly
| USD | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.5B | 9.9B | 9.7B | 9.3B | 10.1B | 10.8B | 10.4B | 10.1B |
| Cost of revenue | 3.3B | 3.4B | 3.4B | 3.0B | 3.3B | 3.5B | 3.6B | 3.2B |
| Gross profit | 6.1B | 6.5B | 6.3B | 6.3B | 6.9B | 7.4B | 6.8B | 6.9B |
| Operating income | 3.4B | 3.7B | 3.3B | 3.5B | 3.7B | 4.3B | 3.4B | 3.9B |
| Pretax income | — | — | — | — | — | — | — | — |
| Net income | 2.4B | 3.1B | (580.0M) | 2.7B | 3.0B | 3.5B | 2.2B | 2.6B |
| Diluted EPS | 1.54 | 1.97 | -0.37 | 1.72 | 1.95 | 2.23 | 1.37 | 1.56 |
| EBITDA | — | — | — | 4.0B | 4.2B | 4.8B | 3.9B | 4.4B |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 41.3B | 61.7B | 65.3B | 61.8B | 69.2B |
| Current assets | 17.7B | 19.6B | 19.8B | 20.2B | 24.4B |
| Cash & equivalents | 4.5B | 3.2B | 3.1B | 4.2B | 4.9B |
| Total liabilities | 49.5B | 68.0B | 74.8B | 71.7B | 77.2B |
| Current liabilities | 19.3B | 27.3B | 26.4B | 22.9B | 25.4B |
| Long-term debt | — | — | — | — | — |
| Total debt | 225.0M | 5.6B | 2.0B | 137.0M | 168.0M |
| Stockholders’ equity | (10.1B) | (9.0B) | (11.2B) | (11.8B) | (10.0B) |
| Net debt | (4.3B) | 2.4B | (1.1B) | (4.1B) | (4.7B) |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 12.0B | 10.8B | 9.2B | 12.2B | 12.2B |
| Investing cash flow | (2.4B) | (15.7B) | (3.6B) | (1.1B) | (4.0B) |
| Financing cash flow | (12.0B) | 3.8B | (5.6B) | (9.5B) | (8.1B) |
| Capital expenditure | 748.0M | 1.1B | 1.3B | 1.4B | 1.6B |
| Free cash flow | 11.2B | 9.7B | 7.9B | 10.8B | 10.7B |
| Dividends paid | 7.6B | 7.8B | 8.0B | 8.2B | 8.6B |
| Stock-based compensation | — | — | — | — | — |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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