Philip Morris International (PM) Revenue (2009 - 2026)
Philip Morris International (PM) recorded Revenue of $11.44 billion in Q3 2026, up 5.5% from $10.85 billion a year earlier and up 2.2% from the prior quarter.
Philip Morris International (PM) Revenue (2009 - 2026) Analysis & Trends
On a TTM basis, Philip Morris International's Revenue came in at $43.14 billion as of Sep 30, 2026, up 7.9% year-over-year; for FY2025, it was $40.65 billion, up 7.3% from FY2024.
- Annual Revenue has increased for four straight years, though with a five-year compound annual growth rate of -11.8% (FY2020 to FY2025).
- Across earlier years, Revenue came in at $37.88 billion in FY2024 (+7.7%), $35.17 billion in FY2023 (+10.7%), $31.76 billion in FY2022 (+1.1%) and $31.41 billion in FY2021 (-58.7%).
- The Q3 2026 figure is the highest quarterly Revenue since Q1 2022.
- On a year-over-year basis, Revenue has increased for 14 consecutive quarters, with growth averaging 7.7% over the last eight quarters.
- Peak year-over-year performance for Revenue in the last five years was growth of 14.5% in Q2 2023, against a decline of 62.8% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $11.19 billion (Q2 2026), $10.15 billion (Q1 2026) and $10.36 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 303.52 Bn | 280.52 Bn | 7.85 Bn | 11.44 Bn |
| 2 | British American Tobacco p.l.c | 132.82 Bn | 111.64 Bn | - | - |
| 3 | Altria | 126.54 Bn | 113.47 Bn | 3.94 Bn | 6.13 Bn |
| 4 | Curaleaf Holdings | 2.37 Bn | 2.00 Bn | 170.48 Mn | 352.65 Mn |
| 5 | Trulieve Cannabis | 2.11 Bn | 729.12 Mn | 162.29 Mn | 270.95 Mn |
| 6 | RLX Technology | 1.96 Bn | -1.30 Bn | - | - |
| 7 | Green Thumb Industries | 1.45 Bn | 214.02 Mn | 146.79 Mn | 324.41 Mn |
| 8 | Cronos | 1.30 Bn | -1.97 Bn | 28.45 Mn | 70.60 Mn |
| 9 | Turning Point Brands | 1.27 Bn | 375.50 Mn | 93.70 Mn | 142.96 Mn |
| 10 | Tilray Brands | 363.35 Mn | -604.15 Mn | 77.51 Mn | 257.15 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.44 Bn |
| Jun 30, 2026 | 11.19 Bn |
| Mar 31, 2026 | 10.15 Bn |
| Dec 31, 2025 | 10.36 Bn |
| Sep 30, 2025 | 10.85 Bn |
| Jun 30, 2025 | 10.14 Bn |
| Mar 31, 2025 | 9.30 Bn |
| Dec 31, 2024 | 9.71 Bn |
| Sep 30, 2024 | 9.91 Bn |
| Jun 30, 2024 | 9.47 Bn |
| Mar 31, 2024 | 8.79 Bn |
| Dec 31, 2023 | 9.05 Bn |
| Sep 30, 2023 | 9.14 Bn |
| Jun 30, 2023 | 8.97 Bn |
| Mar 31, 2023 | 8.02 Bn |
| Dec 31, 2022 | 8.15 Bn |
| Sep 30, 2022 | 8.03 Bn |
| Jun 30, 2022 | 7.83 Bn |
| Mar 31, 2022 | 19.34 Bn |
| Dec 31, 2021 | -29.99 Bn |
Philip Morris International Revenue 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=revenue&ticker=PM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=PM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();