Philip Morris International (PM) Work In Process (2009 - 2026)
Philip Morris International's (PM) quarterly Work In Process came in at $2.6 billion in Q2 2026, up 20.23% year-over-year from $2.2 billion in Q2 2025, and up 2.88% quarter-over-quarter from $2.6 billion in Q1 2026.
Analysis
Philip Morris International (PM) Work In Process (2009 - 2026) Analysis & Trends
Philip Morris International has disclosed Work In Process across 18 years of filings, most recently posting $2.6 billion for Q2 2026.
- In Q2 2026, Work In Process rose 20.23% year-over-year to $2.6 billion; the TTM figure through Jun 2026 stood at $2.6 billion (up 20.23% YoY), while the FY2025 annual figure was $2.4 billion, up 16.59% from the prior year.
- Work In Process came in at $2.6 billion for Q2 2026 at Philip Morris International, up from $2.6 billion in the prior quarter.
- In the past five years, Work In Process ranged from a high of $2.6 billion in Q2 2026 to a low of $1.4 billion in Q3 2022.
- Average Work In Process over 5 years is $2.0 billion, with a median of $2.0 billion recorded in 2023.
- Year-over-year, Work In Process slipped 15.59% in 2022 and soared 36.94% in 2023.
- Over 5 years, Work In Process stood at $1.7 billion in 2022, then rose by 16.01% to $1.9 billion in 2023, then advanced by 7.11% to $2.1 billion in 2024, then increased by 16.59% to $2.4 billion in 2025, then increased by 8.82% to $2.6 billion in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $2.6 billion in Q2 2026, $2.6 billion in Q1 2026, and $2.4 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 295.94 Bn | 289.95 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - |
| 3 | Altria | 114.81 Bn | 112.45 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.17 Bn | 1.46 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.43 Bn | 1.16 Bn | 93.70 Mn |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 |
| 7 | 22nd Century | 427,897.86 | -5.63 Mn | -293,000.00 |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.64 Bn |
| Mar 31, 2026 | 2.57 Bn |
| Dec 31, 2025 | 2.43 Bn |
| Sep 30, 2025 | 2.30 Bn |
| Jun 30, 2025 | 2.20 Bn |
| Mar 31, 2025 | 2.17 Bn |
| Dec 31, 2024 | 2.08 Bn |
| Sep 30, 2024 | 1.98 Bn |
| Jun 30, 2024 | 1.92 Bn |
| Mar 31, 2024 | 1.96 Bn |
| Dec 31, 2023 | 1.94 Bn |
| Sep 30, 2023 | 1.97 Bn |
| Jun 30, 2023 | 2.01 Bn |
| Mar 31, 2023 | 1.85 Bn |
| Dec 31, 2022 | 1.67 Bn |
| Sep 30, 2022 | 1.44 Bn |
| Jun 30, 2022 | 1.65 Bn |
| Mar 31, 2022 | 1.69 Bn |
| Dec 31, 2021 | 1.64 Bn |
| Sep 30, 2021 | 1.71 Bn |