Philip Morris International Inc.
Philip Morris International Inc.’s revenue for fiscal 2025 (year ended December 2025) was $40.6 billion, up 7.31% from fiscal 2024.
- Revenue
- +5.47%
- EPS
- −4.93%
- Free cash flow
- +21.3%
- Total debt
- −5.03%
Quarter to September 2026, against a year earlier
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Philip Morris International Inc. 10-Q filed Oct 24, 2025
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Jul 25, 2025: 38 added · 11 removed · 137 modified; 48 with only figures updated
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Added · •East Asia, Australia, and PMI Global Travel Retail (“EA, AU & PMI GTR”); and
With our smoke-free business now operating at scale across our regions, including substantial growth from our U.S. business, PMI plans to implement an evolved organizational model with two primary business units: International and U.S. The updated organizational structure is designed to enhance our agility and to support our journey to become a smoke-free company under the leadership of CEO Jacek Olczak. This change is scheduled for implementation effective January 1, 2026, and as a result we anticipate realigning our reportable segments. The current four geographic segments will be replaced with three new segments: International Smoke-Free, International Combustibles, and U.S. The company plans to report its financial results based on the new segments as of the first quarter of 2026.