Philip Morris International (PM) Income from Continuing Operations (2009 - 2026)
Philip Morris International's Income from Continuing Operations was $3.34 billion in Q2 2026, up 20.4% from $2.77 billion a year earlier and up 11.8% from the prior quarter.
Philip Morris International (PM) Income from Continuing Operations (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Philip Morris International's Income from Continuing Operations was $12.06 billion through Jun 30, 2026, up 18.7% year-over-year; for FY2025, it was $11.14 billion, up 21.4% from FY2024.
- Income from Continuing Operations shows a five-year compound annual growth rate of 5.4% (FY2020 to FY2025).
- In earlier years, Income from Continuing Operations was $9.18 billion in FY2024 (+13.2%), $8.11 billion in FY2023 (-13.6%), $9.39 billion in FY2022 (-1.8%) and $9.56 billion in FY2021 (+11.5%).
- The Q2 2026 figure marks the highest quarterly Income from Continuing Operations in data going back to Q1 2009.
- Compared with a year earlier, Income from Continuing Operations has increased for six straight quarters, with growth averaging 17.6% over the last eight quarters.
- The best year-over-year quarter for Income from Continuing Operations over five years was Q2 2024 (growth of 39.0%); the worst was Q2 2023 (a decline of 26.9%).
- Per Business Quant data, PM's Income from Continuing Operations in the three quarters before Q2 2026 was $2.99 billion (Q1 2026), $2.47 billion (Q4 2025) and $3.27 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 3.34 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 2.30 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 12.48 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 39.90 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | -405.36 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 3.43 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 35.66 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 10.30 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | -13.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.34 Bn |
| Mar 31, 2026 | 2.99 Bn |
| Dec 31, 2025 | 2.47 Bn |
| Sep 30, 2025 | 3.27 Bn |
| Jun 30, 2025 | 2.77 Bn |
| Mar 31, 2025 | 2.63 Bn |
| Dec 31, 2024 | 2.05 Bn |
| Sep 30, 2024 | 2.72 Bn |
| Jun 30, 2024 | 2.37 Bn |
| Mar 31, 2024 | 2.06 Bn |
| Dec 31, 2023 | 2.29 Bn |
| Sep 30, 2023 | 2.07 Bn |
| Jun 30, 2023 | 1.70 Bn |
| Mar 31, 2023 | 2.05 Bn |
| Dec 31, 2022 | 2.34 Bn |
| Sep 30, 2022 | 2.20 Bn |
| Jun 30, 2022 | 2.33 Bn |
| Mar 31, 2022 | 2.52 Bn |
| Dec 31, 2021 | 2.18 Bn |
| Sep 30, 2021 | 2.54 Bn |
Philip Morris International Income from Continuing Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=income-from-continuing-operations&ticker=PM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-continuing-operations", "ticker": "PM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=income-from-continuing-operations&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();