Philip Morris International (PM) Cost of Revenue (2009 - 2026)
Philip Morris International (PM) posted Cost of Revenue of $3.5 billion for Q2 2026, up 9.01% sequentially from $3.2 billion in Q1 2026, and up 7.91% YoY from $3.3 billion in Q2 2025.
Philip Morris International (PM) Cost of Revenue (2009 - 2026) Analysis & Trends
Philip Morris International has reported Cost of Revenue for 18 years, with the latest figure at $3.5 billion in Q2 2026.
- Quarterly Cost of Revenue rose 7.91% year-over-year to $3.5 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $13.8 billion (up 5.55% YoY) and the FY2025 annual result came in at $13.4 billion, changed 0.28% from the prior year.
- Cost of Revenue improved to $3.5 billion in Q2 2026 per PM's latest filing, from $3.2 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $3.6 billion in Q4 2025 and troughed at $2.6 billion in Q1 2022.
- A 5-year average of $3.2 billion and a median of $3.2 billion in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue advanced 21.9% in 2023, then fell 5.13% in 2025.
- Over 5 years, Cost of Revenue stood at $3.2 billion in 2022, then rose by 7.82% to $3.5 billion in 2023, then slipped by 1.13% to $3.4 billion in 2024, then increased by 4.0% to $3.6 billion in 2025, then fell by 0.76% to $3.5 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $3.5 billion, $3.2 billion, and $3.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.93 Bn | 287.93 Bn | 7.66 Bn | 3.53 Bn |
| 2 | British American Tobacco p.l.c | 121.73 Bn | 118.03 Bn | - | - |
| 3 | Altria | 110.12 Bn | 107.75 Bn | 3.82 Bn | 1.54 Bn |
| 4 | RLX Technology | 2.20 Bn | 1.46 Bn | 52.74 Mn | 82.40 Mn |
| 5 | Turning Point Brands | 1.67 Bn | 1.40 Bn | 93.70 Mn | 49.26 Mn |
| 6 | Universal | 1.13 Bn | 851.44 Mn | 83.09 Mn | 440.69 Mn |
| 7 | Ispire Technology | 85.94 Mn | 66.71 Mn | 1.99 Mn | 16.69 Mn |
| 8 | Rythm | 49.34 Mn | 7.43 Mn | 18.54 Mn | 4.49 Mn |
| 9 | Greenlane Holdings | 11.38 Mn | -13.12 Mn | 32,000.00 | 50,000.00 |
| 10 | VPR Brands | 9.12 Mn | 6.78 Mn | 161,075.00 | 542,695.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.53 Bn |
| Jun 30, 2026 | 3.53 Bn |
| Mar 31, 2026 | 3.24 Bn |
| Mar 31, 2026 | 3.24 Bn |
| Dec 31, 2025 | 3.56 Bn |
| Dec 31, 2025 | 3.56 Bn |
| Sep 30, 2025 | 3.49 Bn |
| Sep 30, 2025 | 3.49 Bn |
| Jun 30, 2025 | 3.27 Bn |
| Jun 30, 2025 | 3.27 Bn |
| Mar 31, 2025 | 3.03 Bn |
| Mar 31, 2025 | 3.03 Bn |
| Dec 31, 2024 | 3.42 Bn |
| Dec 31, 2024 | 3.42 Bn |
| Sep 30, 2024 | 3.37 Bn |
| Sep 30, 2024 | 3.37 Bn |
| Jun 30, 2024 | 3.35 Bn |
| Jun 30, 2024 | 3.35 Bn |
| Mar 31, 2024 | 3.20 Bn |
| Mar 31, 2024 | 3.20 Bn |