Philip Morris International Inc.
PMAPI behind this page
PM Q2 2025 request
Playground key active
/api/financials?ticker=PM&year=2025&quarter=2
Pick an endpoint and run the request.
Income Statement
| Metric | Q2 2025 | Q2 2024 | YoY |
|---|---|---|---|
| Revenue | 10,140 | 9,468 | +7.1% |
Show Product Lines breakouts |
|||
| Combustible Tobacco Products | 5,979 | 5,858 | +2.1% |
| Combustible Tobacco Products · Americas | 547 | 592 | -7.6% |
| Combustible Tobacco Products · EA, AU & PMI GTR | 600 | 620 | -3.2% |
| Combustible Tobacco Products · Europe | 2,329 | 2,214 | +5.2% |
| Combustible Tobacco Products · SSEA, CIS & MEA | 2,504 | 2,432 | +3.0% |
| Smoke-Free Products | 4,161 | 3,610 | +15.3% |
| Smoke-Free Products · Americas | 725 | 537 | +35.0% |
| Smoke-Free Products · EA, AU & PMI GTR | 1,108 | 1,053 | +5.2% |
| Smoke-Free Products · Europe | 1,905 | 1,681 | +13.3% |
| Smoke-Free Products · Europe | 57 | 80 | -28.7% |
| Smoke-Free Products · SSEA, CIS & MEA | 422 | 339 | +24.5% |
Show Business Segments breakouts |
|||
| Americas | 1,272 | 1,129 | +12.7% |
| EA, AU & PMI GTR | 1,708 | 1,673 | +2.1% |
| Europe | 4,234 | 3,895 | +8.7% |
| SSEA, CIS & MEA | 2,926 | 2,771 | +5.6% |
Show Counterparty Name breakouts |
|||
| Megapolis Group · Related Party | 715 | 576 | +24.1% |
| Other · Related Party | 428 | 385 | +11.2% |
Show Related Party Transactions By Related Party breakouts |
|||
| Related Party | 1,143 | 961 | +18.9% |
| Cost of Revenue | 3,279 | 3,345 | -2.0% |
Show Business Segments breakouts |
|||
| Americas | 420 | 380 | +10.5% |
| EA, AU & PMI GTR | 489 | 528 | -7.4% |
| Europe | 1,129 | 1,126 | +0.3% |
| SSEA, CIS & MEA | 1,241 | 1,311 | -5.3% |
| Gross Profit | 6,861 | 6,123 | +12.1% |
| Marketing Administration And Research Costs | 3,108 | 2,679 | +16.0% |
Show Business Segments breakouts |
|||
| Americas | 661 | 566 | +16.8% |
| EA, AU & PMI GTR | 366 | 392 | -6.6% |
| Europe | 1,396 | 1,152 | +21.2% |
| SSEA, CIS & MEA | 685 | 569 | +20.4% |
| Goodwill Impairment Loss | 41 | — | — |
Show Business Segments breakouts |
|||
| Europe | 41 | — | — |
| Operating Income | 3,712 | 3,444 | +7.8% |
Show Business Segments breakouts |
|||
| Americas | 191 | 183 | +4.4% |
| EA, AU & PMI GTR | 853 | 753 | +13.3% |
| Europe | 1,668 | 1,617 | +3.2% |
| SSEA, CIS & MEA | 1,000 | 891 | +12.2% |
| Interest Income Expense Nonoperating Net | 277 | 329 | -15.8% |
| Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component | 11 | 14 | -21.4% |
Show Retirement Plan Type breakouts |
|||
| Pension Plans Defined Benefit | -22 | -20 | -10.0% |
| Postemployment Benefit Plans | 29 | 31 | -6.5% |
| Postretirement Benefit Costs | 4 | 3 | +33.3% |
| Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments | 3,424 | 3,101 | +10.4% |
| Income Tax Expense (Benefit) | 652 | 734 | -11.2% |
| Income Loss From Equity Method Investments | -376 | -161 | -133.5% |
| Net Income | 3,148 | 2,528 | +24.5% |
Show Equity Components breakouts |
|||
| Noncontrolling Interest | 109 | 122 | -10.7% |
| Retained Earnings | 3,039 | 2,406 | +26.3% |
| Net Income Loss Attributable To Noncontrolling Interest | 109 | 122 | -10.7% |
| Net Income | 3,039 | 2,406 | +26.3% |
| EPS (Basic) | 1.95 | 1.54 | +26.6% |
| EPS (Diluted) | 1.95 | 1.54 | +26.6% |
| Comprehensive Income | 1,003 | 2,541 | -60.5% |
| Wtd Avg Shares (Basic) | 1,557 | 1,555 | +0.1% |
| Wtd Avg Shares (Diluted) | 1,558 | 1,556 | +0.1% |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax | -113 | 108 | -204.6% |
| Net Income Loss Available To Common Stockholders Basic | 3,031 | 2,399 | +26.3% |
Balance Sheet
| Metric | Q2 2025 | Q2 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 4,138 | 4,807 | -13.9% |
Show Geography breakouts |
|||
| RU · War In Ukraine | 1.8 | 0.7 | +157.1% |
| Accounts Receivable | 4,994 | 4,240 | +17.8% |
Show Counterparty Name breakouts |
|||
| Megapolis Group · Related Party | 641 | 535 | +19.8% |
| Other · Related Party | 385 | 299 | +28.8% |
Show Related Party Transactions By Related Party breakouts |
|||
| Related Party | 1,026 | 834 | +23.0% |
| Other Receivables Net Current | 895 | 877 | +2.1% |
| Inventory | 10,728 | 9,382 | +14.3% |
| Other Assets Current | 2,609 | 1,722 | +51.5% |
| Total Current Assets | 23,364 | 21,028 | +11.1% |
| Non-Current Assets | |||
| Goodwill | 17,225 | — | — |
Show Business Segments breakouts |
|||
| Americas | 8,791 | — | — |
| EA, AU & PMI GTR | 475 | — | — |
| Europe | 4,681 | — | — |
| SSEA, CIS & MEA | 3,278 | — | — |
| Long Term Investments | 3,352 | 4,961 | -32.4% |
| Deferred Tax Assets | 1,111 | 918 | +21.0% |
| Other Non-Current Assets | 4,029 | 2,621 | +53.7% |
| Total Assets | 68,506 | 65,782 | +4.1% |
Show Geography breakouts |
|||
| RU · War In Ukraine | 4.3 | 2.8 | +53.6% |
| Intangible Assets (Q) | — | — | — |
Show Finite Lived Intangible Assets By Major Class breakouts |
|||
| Contractual Rights | 2,129 | 2,684 | -20.7% |
| Customer relationships and other | 2,964 | — | — |
| Developed Technology Rights | 208 | 401 | -48.1% |
| Trademarks | 1,358 | 1,367 | -0.7% |
| Other Assets | |||
| Inventory Leaf Tobacco | 2,195 | 1,920 | +14.3% |
| Inventory Raw Materials Net Of Reserves | 2,815 | 2,359 | +19.3% |
| Inventory Finished Goods Net Of Reserves | 5,718 | 5,103 | +12.1% |
| Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization | 18,999 | 16,736 | +13.5% |
| Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization | 10,956 | 9,472 | +15.7% |
| Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization | 8,043 | 7,264 | +10.7% |
| Intangible Assets Net Excluding Goodwill | 11,382 | 12,171 | -6.5% |
| Current Liabilities | |||
| Long Term Debt And Capital Lease Obligations Current | 6,491 | 4,353 | +49.1% |
| Accounts Payable | 3,870 | 3,591 | +7.8% |
Show Counterparty Name breakouts |
|||
| Other · Related Party | 93 | 28 | +232.1% |
Show Related Party Transactions By Related Party breakouts |
|||
| Related Party | 93 | 28 | +232.1% |
| Accrued Marketing Costs Current | 1,169 | 961 | +21.6% |
| Sales And Excise Tax Payable Current | 6,361 | 6,826 | -6.8% |
| Employee Related Liabilities Current | 1,252 | 1,052 | +19.0% |
| Dividends Payable Current | 2,123 | 2,040 | +4.1% |
| Other Accrued Liabilities Current | 3,556 | 2,453 | +45.0% |
| Accrued Income Taxes Current | 786 | 1,001 | -21.5% |
| Total Current Liabilities | 28,148 | 22,416 | +25.6% |
| Non-Current Liabilities | |||
| Deferred Tax Liabilities | 2,152 | 2,651 | -18.8% |
| Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent | 3,295 | 2,823 | +16.7% |
| Other Non-Current Liabilities | 2,492 | — | — |
| Total Liabilities | 78,518 | 73,724 | +6.5% |
| Other Liabilities | |||
| Short Term Borrowings | 2,540 | 139 | +1727.3% |
Show Short Term Debt Type breakouts |
|||
| Bank Loan Obligations | 230 | 139 | +65.5% |
| Commercial Paper | 2,310 | — | — |
| Long Term Debt And Capital Lease Obligations | 42,431 | 44,647 | -5.0% |
| Stockholders' Equity | |||
| Additional Paid In Capital Common Stock | 2,364 | 2,249 | +5.1% |
| Retained Earnings | 34,376 | 34,582 | -0.6% |
| Accumulated Other Comprehensive Income | -13,153 | -10,930 | -20.3% |
| Stockholders Equity Before Treasury Stock | 23,587 | 25,901 | -8.9% |
| Treasury Stock Value | 35,553 | 35,645 | -0.3% |
| Total Stockholders' Equity | -11,966 | -9,744 | -22.8% |
| Minority Interest | 1,954 | 1,802 | +8.4% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | -10,012 | -7,942 | -26.1% |
Show Equity Components breakouts |
|||
| Accumulated Defined Benefit Plans Adjustment | -2,356 | -2,522 | +6.6% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent | 182 | 433 | -58.0% |
| Accumulated Other Comprehensive Income | -13,153 | -10,930 | -20.3% |
| Accumulated Translation Adjustment | -10,979 | -8,841 | -24.2% |
| Additional Paid In Capital | 2,364 | 2,249 | +5.1% |
| Noncontrolling Interest | 1,954 | 1,802 | +8.4% |
| Retained Earnings | 34,376 | 34,582 | -0.6% |
| Treasury Stock Common | -35,553 | -35,645 | +0.3% |
| Total Liabilities & Equity | 68,506 | 65,782 | +4.1% |
Cash Flow Statement
| Metric | YTD Q2 2025 | YTD Q2 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation Amortization And Impairment | 970 | 812 | +19.5% |
| Goodwill And Intangible Asset Impairment | 41 | 27 | +51.9% |
| Deferred Income Taxes | -274 | 59 | -564.4% |
| Restructuring Costs And Asset Impairment Charges | 239 | 136 | +75.7% |
| Increase Decrease In Receivables | -780 | -978 | +20.2% |
| Change in Inventory | -419 | 1,047 | -140.0% |
| Change in Accounts Payable | -161 | -145 | -11.0% |
| Increase Decrease In Accrued Liabilities And Other Current Assets | -1,972 | -341 | -478.3% |
| Increase Decrease In Accrued Income Taxes Payable | -611 | -329 | -85.7% |
| Defined Benefit Plan Plan Assets Pension Plan Contributions Net Of Refunds | -62 | -55 | -12.7% |
| Increase Decrease In Other Operating Capital Net | 106 | -134 | +179.1% |
| Net Cash from Operations | 3,062 | 4,873 | -37.2% |
| Depreciation & Amortization | 970 | 812 | +19.5% |
Show Business Segments breakouts |
|||
| Americas | 471 | 277 | +70.0% |
| EA, AU & PMI GTR | 101 | 88 | +14.8% |
| Europe | 260 | 295 | -11.9% |
| SSEA, CIS & MEA | 138 | 152 | -9.2% |
| Investing Activities | |||
| Capital Expenditures | -760 | -787 | +3.4% |
| Proceeds From Divestiture Of Businesses | 32 | — | — |
| Payments To Acquire Equity Method Investments | -35 | -113 | +69.0% |
| Collateral For Derivatives Paidreturned Investing Activities | -1,953 | 439 | -544.9% |
| Other Investing Activities | -34 | -113 | +69.9% |
| Net Cash from Investing | -2,750 | -530 | -418.9% |
| Financing Activities | |||
| Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less | 2,294 | -1,463 | +256.8% |
| Proceeds From Short Term Debt Maturing In More Than Three Months | 170 | 100 | +70.0% |
| Repayments Of Short Term Debt Maturing In More Than Three Months | -70 | -433 | +83.8% |
| Proceeds From Issuance Of Long Term Debt | 3,596 | 5,194 | -30.8% |
| Repayments Of Long Term Debt | -1,566 | -1,812 | +13.6% |
| Payments Of Dividends | -4,222 | -4,064 | -3.9% |
| Collateral For Derivatives Received Returned Financing Activities | -824 | 350 | -335.4% |
| Proceeds From Payments For Other Financing Activities | -268 | -269 | +0.4% |
| Net Cash from Financing | -890 | -2,397 | +62.9% |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 500 | -216 | +331.5% |
| Net Change in Cash | -78 | 1,730 | -104.5% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 4,176 | 4,876 | -14.4% |
Values in millions USD. Source: SEC EDGAR 10-Q filing.