Philip Morris International (PM) Revenue — Quarter Ended Mar 31, 2026
Revenue for the first quarter increased compared to the same period last year. However, on a sequential basis, revenue declined from the preceding quarter.
Key takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue for the first quarter increased compared to the same period last year. However, on a sequential basis, revenue declined from the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$10.1B
Revenue reported for this quarter.
Quarter-over-quarter
-2.1%
Change from the immediately preceding quarter.
Year-over-year
+9.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$41.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2025 | $10.1B | +7.1% |
| Sep 30, 2025 | $10.8B | +9.4% |
| Dec 31, 2025 | $10.4B | +6.8% |
| Mar 31, 2026 | $10.1B | +9.1% |
Revenue performance
The year-over-year growth reflects continued strength in the business, while the sequential decrease highlights a typical seasonal or operational fluctuation.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower, but compared to the same quarter a year ago, revenue was higher.
What to watch
Monitor the impact of foreign currency fluctuations and capital controls on future revenue trends.