Earnings recap · PM
Philip Morris International Q3 2026 results
What Philip Morris International reported for Jul to Sep 2026, compared with the same quarter a year earlier, from the press release it filed with the SEC.
10-Q filed Philip Morris International filed its quarterly report for this quarter on Oct 23, 2026. Read the 10-Q on SEC EDGAR. The figures below are from the earlier press release; the 10-Q has the full statements and notes.
The headline numbers
Philip Morris International reported net revenues of $11.4B for Q3 2026, compared with $10.8B a year earlier (+5.5%). Net earnings to PMI was $3.3B, compared with $3.5B (−4.7%), and diluted earnings per share were $2.12, compared with $2.23. These are GAAP figures, prepared under the standard accounting rules. How EPS is calculated.
Comparing Q3 2026 (Jul to Sep 2026) with Q3 2025 (Jul to Sep 2025)
Each pair of bars shows both periods. Longer bar, more money. Bars in a group share one scale.
Q3 2026Q3 2025
Revenue and profit (GAAP)
Source: Exhibit 99.2 to Philip Morris International's 8-K filed Oct 21, 2026
Per share (GAAP)
Source: Exhibit 99.2 to Philip Morris International's 8-K filed Oct 21, 2026
| Line | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Net revenues | $11,438M | $10,845M | +5.5% |
| Operating income | $4,866M | $4,263M | +14.1% |
| Net earnings to PMI | $3,313M | $3,478M | −4.7% |
| Diluted EPS | $2.12 | $2.23 | −4.9% |
Change is worked out by Ticker Sage from the two figures shown. Operating margin, operating income as a share of revenue, was 42.5% compared with 39.3%. What profit margins measure.
What to look for in the 10-Q
The press release has the headline tables. The 10-Q adds the full statements, the notes and management's discussion, including:
- Segment detail. Revenue and profit by business, and the reasons the company gives for changes.
- Items the adjusted measures leave out. Where those charges sit in the GAAP statements.
- Debt and risk factors. Any changes to borrowings and the risk factors section since the 10-K.
How an 8-K, a 10-Q and a 10-K differ. When the 10-Q is filed, the box at the top of this page links to it.
Sources
- Exhibit 99.2: press release and financial tables, filed Oct 21, 2026
- Form 8-K filing index on SEC EDGAR
- Philip Morris International Form 10-K for fiscal 2025
Common questions
When did Philip Morris International report Q3 2026 results?
Philip Morris International filed its Q3 2026 press release with the SEC on Oct 21, 2026, as Exhibit 99.2 to a Form 8-K under Item 2.02 (Results of Operations and Financial Condition).
What were Philip Morris International's revenue and EPS for Q3 2026?
Net revenues was $11.4B, compared with $10.8B in Q3 2025. Diluted EPS was $2.12, compared with $2.23.
Has Philip Morris International filed its 10-Q for Q3 2026?
Yes. Philip Morris International filed the 10-Q on Oct 23, 2026.
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Disclosures
- Editor holdings in PM
- The editor holds no position in Philip Morris International (PM). As of Oct 25, 2026.
- Compensation
- Nobody paid for this page. No affiliate links.
- Sources
- Philip Morris International's own SEC filings, linked next to each number.
- Last updated
- Oct 26, 2026
A summary of a public filing for general education, the same for every reader. Not a recommendation to buy, sell or hold PM. It reports what the company said and doesn't compare the results with forecasts by anyone else.