Philip Morris International Inc. revenue by year
Over the 10 fiscal years shown, revenue went from $26.68B (year ended Dec 31, 2016) to $40.65B (year ended Dec 31, 2025), a compound annual growth rate of 4.8%. The fastest growth was +10.7% in the year ended Dec 31, 2023; the weakest year was −3.7% (year ended Dec 31, 2020).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| Dec 31, 2025 | $40.65B | +7.3% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 6, 2026 |
| Dec 31, 2024 | $37.88B | +7.7% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 6, 2026 |
| Dec 31, 2023 | $35.17B | +10.7% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 6, 2026 |
| Dec 31, 2022 | $31.76B | +1.1% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 6, 2025 |
| Dec 31, 2021 | $31.41B | +9.4% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 8, 2024 |
| Dec 31, 2020 | $28.69B | −3.7% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 10, 2023 |
| Dec 31, 2019 | $29.80B | +0.6% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 11, 2022 |
| Dec 31, 2018 | $29.62B | +3.1% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 9, 2021 |
| Dec 31, 2017 | $28.75B | +7.7% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 7, 2020 |
| Dec 31, 2016 | $26.68B | −63.9% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 7, 2019 |
Quarterly revenue
Quarters reported in 10-Q filings. Fourth quarters are usually reported only inside the annual 10-K, so they are not listed separately here; we do not estimate them.
| Quarter | Revenue (USD) | vs same quarter a year earlier | Source |
|---|---|---|---|
| 3 months ended Sep 30, 2026 | $11.44B | +5.5% | 10-Q filed Oct 23, 2026 |
| 3 months ended Jun 30, 2026 | $11.19B | +10.4% | 10-Q filed Jul 24, 2026 |
| 3 months ended Mar 31, 2026 | $10.15B | +9.1% | 10-Q filed Apr 24, 2026 |
| 3 months ended Sep 30, 2025 | $10.85B | +9.4% | 10-Q filed Oct 23, 2026 |
| 3 months ended Jun 30, 2025 | $10.14B | +7.1% | 10-Q filed Jul 24, 2026 |
| 3 months ended Mar 31, 2025 | $9.30B | +5.8% | 10-Q filed Apr 24, 2026 |
| 3 months ended Sep 30, 2024 | $9.91B | +8.4% | 10-Q filed Oct 24, 2025 |
| 3 months ended Jun 30, 2024 | $9.47B | +5.6% | 10-Q filed Jul 25, 2025 |
Source: SEC EDGAR XBRL company facts for CIK 1413329 (raw data). Most recent filing in this dataset: 10-Q filed Oct 23, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.