Philip Morris International (PM) Work In Process (2009 - 2026)
Philip Morris International (PM) posted Work In Process of $2.6 billion for Q2 2026, up 2.88% sequentially from $2.6 billion in Q1 2026, and up 20.23% YoY from $2.2 billion in Q2 2025.
Philip Morris International (PM) Work In Process (2009 - 2026) Analysis & Trends
Philip Morris International has reported Work In Process for 18 years, with the latest figure at $2.6 billion in Q2 2026.
- Quarterly Work In Process rose 20.23% year-over-year to $2.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.6 billion (up 20.23% YoY) and the FY2025 annual result came in at $2.4 billion, up 16.59% from the prior year.
- Work In Process improved to $2.6 billion in Q2 2026 per PM's latest filing, from $2.6 billion in the prior quarter.
- Over five years, Work In Process peaked at $2.6 billion in Q2 2026 and troughed at $1.4 billion in Q3 2022.
- A 5-year average of $2.0 billion and a median of $2.0 billion in 2023 frame the typical range for Work In Process.
- The sharpest annual moves came in 2022 and 2023: Work In Process dropped 15.59% in 2022, then jumped 36.94% in 2023.
- Over 5 years, Work In Process stood at $1.7 billion in 2022, then advanced by 16.01% to $1.9 billion in 2023, then grew by 7.11% to $2.1 billion in 2024, then gained by 16.59% to $2.4 billion in 2025, then gained by 8.82% to $2.6 billion in 2026.
- According to Business Quant data, Work In Process over the past three periods registered $2.6 billion, $2.6 billion, and $2.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 294.22 Bn | 288.22 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 121.95 Bn | 118.26 Bn | - |
| 3 | Altria | 110.84 Bn | 108.47 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.23 Bn | 1.49 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.70 Bn | 1.43 Bn | 93.70 Mn |
| 6 | Universal | 1.13 Bn | 849.68 Mn | 83.09 Mn |
| 7 | Ispire Technology | 85.42 Mn | 66.19 Mn | 1.99 Mn |
| 8 | Rythm | 49.43 Mn | 7.51 Mn | 18.54 Mn |
| 9 | Greenlane Holdings | 12.43 Mn | -12.07 Mn | 32,000.00 |
| 10 | VPR Brands | 8.26 Mn | 5.92 Mn | 161,075.00 |
Historic Data
Download 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 |