Form 10-Q · Quarterly report
Philip Morris International 10-Q, filed Oct 23, 2026
- Filed
- CIK
- 0001413329
- Accession no.
- 0001628280-26-066976
Summary
Philip Morris International reported net revenues of $32.8 billion for the nine months ended September 30, 2026, an 8.2% increase, while diluted EPS fell 7.0% to $5.48, partly due to a $511 million impairment on its RBH equity investment. Third-quarter net revenues rose 5.5% to $11.4 billion.
Key points
- Nine-month net revenues increased 8.2% to $32.8 billion; excluding currency and acquisitions/divestitures, they rose 5.9%.
- Diluted EPS for the nine months was $5.48, down 7.0% from $5.89, including a $0.33 per-share RBH impairment charge.
- Third-quarter net revenues were $11.4 billion, up 5.5%.
- PMI recorded a $74 million pre-tax loss on the buy-out of its Dutch defined benefit pension plan.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. MANAGEMENT’S DISCUSSION Executive Summary The following executive summary provides the business update and significant highlights from the "Discussion and Analysis" that follows. Consolidated Operating Results for the Nine Months Ended September 30, 2026 •Net Revenues - Net revenues of $32.8 billion for the nine months ended September 30, 2026, increased by $2.5 billion, or 8.2%, from the comparable 2025 amount. The change in our net revenues from the comparable 2025 amount was driven by the following (variances not to scale with year-to-date results): For the nine months ended September 30, 2026, net revenues increased by 8.2%. …
An excerpt of the text as filed with the SEC, cut for length.
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