Philip Morris International Inc.
PMAPI behind this page
PM Q4 2025 request
Playground key active
/api/financials?ticker=PM&year=2025&quarter=4
Pick an endpoint and run the request.
Income Statement
| Metric | Q4 2025 | Q4 2024 | YoY |
|---|---|---|---|
| Revenue | 10,362 | 9,706 | +6.8% |
Show Product Lines breakouts |
|||
| Combustible Tobacco Products | 6,008 | 5,819 | +3.2% |
| Combustible Tobacco Products · Americas | 612 | 602 | +1.7% |
| Combustible Tobacco Products · EA, AU & PMI GTR | 564 | 627 | -10.0% |
| Combustible Tobacco Products · Europe | 2,271 | 2,132 | +6.5% |
| Combustible Tobacco Products · SSEA, CIS & MEA | 2,563 | 2,458 | +4.3% |
| Smoke-Free Products | 4,354 | 3,887 | +12.0% |
| Smoke-Free Products · Americas | 618 | 659 | -6.2% |
| Smoke-Free Products · EA, AU & PMI GTR | 861 | 807 | +6.7% |
| Smoke-Free Products · Europe | 2,327 | 2,011 | +15.7% |
| Smoke-Free Products · SSEA, CIS & MEA | 546 | 410 | +33.2% |
Show Business Segments breakouts |
|||
| Americas | 1,230 | 1,261 | -2.5% |
| EA, AU & PMI GTR | 1,425 | 1,434 | -0.6% |
| Europe | 4,598 | 4,143 | +11.0% |
| SSEA, CIS & MEA | 3,109 | 2,868 | +8.4% |
Show — breakouts |
|||
| Revenue | 72 | 87 | -17.2% |
Show Counterparty Name breakouts |
|||
| Megapolis · Related Party | 739 | 637 | +16.0% |
| Other · Related Party | 456 | 373 | +22.3% |
Show Related Party Transactions By Related Party breakouts |
|||
| Related Party | 1,195 | 1,010 | +18.3% |
| Cost of Revenue | 3,560 | 3,423 | +4.0% |
Show Business Segments breakouts |
|||
| Americas | 506 | 425 | +19.1% |
| EA, AU & PMI GTR | 449 | 438 | +2.5% |
| Europe | 1,215 | 1,156 | +5.1% |
| SSEA, CIS & MEA | 1,390 | 1,404 | -1.0% |
| Gross Profit | 6,802 | 6,283 | +8.3% |
| Marketing Administration And Research Costs | 3,429 | 3,024 | +13.4% |
Show Business Segments breakouts |
|||
| Americas | 716 | 707 | +1.3% |
| EA, AU & PMI GTR | 462 | 422 | +9.5% |
| Europe | 1,473 | 1,237 | +19.1% |
| SSEA, CIS & MEA | 778 | 658 | +18.2% |
| Operating Income | 3,373 | 3,259 | +3.5% |
Show Business Segments breakouts |
|||
| Americas | 8 | 129 | -93.8% |
| EA, AU & PMI GTR | 514 | 574 | -10.5% |
| Europe | 1,910 | 1,750 | +9.1% |
| SSEA, CIS & MEA | 941 | 806 | +16.7% |
| Interest Income Expense Nonoperating Net | 218 | 326 | -33.1% |
| Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component | 9 | 16 | -43.8% |
Show Retirement Plan Type breakouts |
|||
| Pension Plans Defined Benefit | -26 | -18 | -44.4% |
Show — breakouts |
|||
| Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component | 5 | 4 | +25.0% |
| Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component | 30 | 30 | 0.0% |
| Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments | 3,146 | 2,917 | +7.9% |
| Income Tax Expense (Benefit) | 675 | 872 | -22.6% |
| Income Loss From Equity Method Investments | 221 | 215 | +2.8% |
| Net Income | 2,250 | -486 | +563.0% |
Show Equity Components breakouts |
|||
| Noncontrolling Interest | 109 | 93 | +17.2% |
| Retained Earnings | 2,141 | -579 | +469.8% |
| Net Income Loss Attributable To Noncontrolling Interest | 109 | 93 | +17.2% |
| Net Income | 2,141 | -579 | +469.8% |
| EPS (Basic) | 1.37 | -0.37 | +470.3% |
| EPS (Diluted) | 1.37 | -0.37 | +470.3% |
| Comprehensive Income | 3,165 | -1 | +316600.0% |
| Wtd Avg Shares (Basic) | 0 | 0 | — |
| Wtd Avg Shares (Diluted) | 0 | 0 | — |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax | 79 | 313 | -74.8% |
| Net Income Loss Available To Common Stockholders Basic | 2,135 | -580 | +468.1% |
Balance Sheet
| Metric | Q4 2025 | Q4 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 4,872 | 4,216 | +15.6% |
Show Geography breakouts |
|||
| RU | 2.3 | — | — |
| Accounts Receivable | 4,572 | 3,789 | +20.7% |
Show Counterparty Name breakouts |
|||
| Megapolis · Related Party | 568 | 405 | +40.2% |
| Other · Related Party | 271 | 286 | -5.2% |
Show Related Party Transactions By Related Party breakouts |
|||
| Related Party | 839 | 691 | +21.4% |
| Other Receivables Net Current | 1,238 | 886 | +39.7% |
| Inventory | 11,478 | 9,453 | +21.4% |
| Other Assets Current | 2,203 | 1,826 | +20.6% |
| Total Current Assets | 24,363 | 20,170 | +20.8% |
| Non-Current Assets | |||
| Goodwill | 17,264 | 16,600 | +4.0% |
Show Business Segments breakouts |
|||
| Americas | 8,823 | 8,749 | +0.8% |
| EA, AU & PMI GTR | 461 | 470 | -1.9% |
| Europe | 4,779 | 4,130 | +15.7% |
| SSEA, CIS & MEA | 3,201 | 3,251 | -1.5% |
| Long Term Investments | 2,891 | 2,654 | +8.9% |
| Deferred Tax Assets | 1,247 | 940 | +32.7% |
| Other Non-Current Assets | 4,139 | 2,783 | +48.7% |
| Total Assets | 69,185 | 61,784 | +12.0% |
Show Geography breakouts |
|||
| RU | 4.8 | — | — |
| Operating Lease Right-of-Use Assets | 679 | 585 | +16.1% |
Show Property Plant And Equipment By Type breakouts |
|||
| Other Assets | 679 | 585 | +16.1% |
| Intangible Assets | 6,108 | 6,881 | -11.2% |
Show Finite Lived Intangible Assets By Major Class breakouts |
|||
| Contractual Rights | 1,851 | 2,407 | -23.1% |
| Customer relationships and other | 2,816 | 2,991 | -5.9% |
| Developed Technology Rights | 198 | 199 | -0.5% |
| Trademarks | 1,243 | 1,284 | -3.2% |
| Other Assets | |||
| Inventory Leaf Tobacco | 2,425 | 2,080 | +16.6% |
| Inventory Raw Materials Net Of Reserves | 2,223 | 2,261 | -1.7% |
| Inventory Finished Goods Net Of Reserves | 6,830 | 5,112 | +33.6% |
| Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization | 19,616 | 16,685 | +17.6% |
| Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization | 11,219 | 9,375 | +19.7% |
| Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization | 8,397 | 7,310 | +14.9% |
| Intangible Assets Net Excluding Goodwill | 10,884 | 11,327 | -3.9% |
| Current Liabilities | |||
| Long Term Debt And Capital Lease Obligations Current | 3,533 | 3,392 | +4.2% |
| Accounts Payable | 4,407 | 3,952 | +11.5% |
Show Counterparty Name breakouts |
|||
| Other · Related Party | 37 | 60 | -38.3% |
Show Related Party Transactions By Related Party breakouts |
|||
| Related Party | 37 | 60 | -38.3% |
| Accrued Marketing Costs Current | 1,354 | 1,015 | +33.4% |
| Sales And Excise Tax Payable Current | 7,555 | 6,904 | +9.4% |
| Employee Related Liabilities Current | 1,545 | 1,305 | +18.4% |
| Dividends Payable Current | 2,312 | 2,120 | +9.1% |
| Other Accrued Liabilities Current | 3,298 | 2,832 | +16.5% |
| Accrued Income Taxes Current | 1,255 | 1,258 | -0.2% |
| Total Current Liabilities | 25,427 | 22,915 | +11.0% |
| Non-Current Liabilities | |||
| Deferred Tax Liabilities | 2,065 | 2,517 | -18.0% |
| Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent | 2,406 | 2,940 | -18.2% |
| Other Non-Current Liabilities | 2,181 | 1,116 | +95.4% |
| Total Liabilities | 77,213 | 71,654 | +7.8% |
| Operating Lease Liabilities | 526 | 427 | +23.2% |
| Other Liabilities | |||
| Short Term Borrowings | 168 | 137 | +22.6% |
Show Short Term Debt Type breakouts |
|||
| Bank Loan Obligations | 168 | 137 | +22.6% |
| Long Term Debt And Capital Lease Obligations | 45,134 | 42,166 | +7.0% |
| Stockholders' Equity | |||
| Additional Paid In Capital Common Stock | 2,453 | 2,335 | +5.1% |
| Retained Earnings | 35,400 | 32,869 | +7.7% |
| Accumulated Other Comprehensive Income | -12,296 | -11,314 | -8.7% |
| Stockholders Equity Before Treasury Stock | 25,557 | 23,890 | +7.0% |
| Treasury Stock Value | 35,551 | 35,640 | -0.2% |
| Total Stockholders' Equity | -9,994 | -11,750 | +14.9% |
| Minority Interest | 1,966 | 1,880 | +4.6% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | -8,028 | -9,870 | +18.7% |
Show Equity Components breakouts |
|||
| Accumulated Defined Benefit Plans Adjustment | -1,405 | -2,461 | +42.9% |
| Accumulated Gain Loss Net Cash Flow Hedge Parent | 284 | 467 | -39.2% |
| Accumulated Other Comprehensive Income | -12,296 | -11,314 | -8.7% |
| Accumulated Translation Adjustment | -11,175 | -9,320 | -19.9% |
| Additional Paid In Capital | 2,453 | 2,335 | +5.1% |
| Noncontrolling Interest | 1,966 | 1,880 | +4.6% |
| Retained Earnings | 35,400 | 32,869 | +7.7% |
| Treasury Stock Common | -35,551 | -35,640 | +0.2% |
| Total Liabilities & Equity | 69,185 | 61,784 | +12.0% |
| Land And Land Improvements | 562 | 581 | -3.3% |
| Buildings And Improvements Gross | 5,050 | 4,391 | +15.0% |
| Machinery And Equipment Gross | 12,533 | 10,632 | +17.9% |
| Construction In Progress Gross | 1,471 | 1,081 | +36.1% |
Cash Flow Statement
| Metric | YTD Q4 2025 | YTD Q4 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization | 521 | 477 | +9.2% |
Show Business Segments breakouts |
|||
| Americas | 243 | 230 | +5.7% |
| EA, AU & PMI GTR | 44 | 42 | +4.8% |
| Europe | 156 | 128 | +21.9% |
| SSEA, CIS & MEA | 78 | 77 | +1.3% |
| Goodwill And Intangible Asset Impairment | 0 | 0 | — |
| Deferred Income Taxes | -414 | -143 | -189.5% |
| Restructuring Costs And Asset Impairment Charges | -10 | -12 | +16.7% |
| Increase Decrease In Receivables | 261 | 249 | +4.8% |
| Change in Inventory | -1,153 | -713 | -61.7% |
| Change in Accounts Payable | 286 | 558 | -48.7% |
| Increase Decrease In Accrued Liabilities And Other Current Assets | 2,328 | 1,271 | +83.2% |
| Increase Decrease In Accrued Income Taxes Payable | 298 | 179 | +66.5% |
| Defined Benefit Plan Plan Assets Pension Plan Contributions Net Of Refunds | -48 | -29 | -65.5% |
| Increase Decrease In Other Operating Capital Net | 296 | 327 | -9.5% |
| Net Cash from Operations | 4,709 | 4,002 | +17.7% |
| Investing Activities | |||
| Capital Expenditures | -444 | -278 | -59.7% |
| Payments To Acquire Equity Method Investments | -15 | 0 | — |
| Collateral For Derivatives Paidreturned Investing Activities | 44 | 510 | -91.4% |
| Other Investing Activities | 75 | 206 | -63.6% |
| Net Cash from Investing | -428 | 441 | -197.1% |
| Financing Activities | |||
| Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less | -1,714 | -9 | -18944.4% |
| Proceeds From Short Term Debt Maturing In More Than Three Months | 0 | 0 | — |
| Repayments Of Short Term Debt Maturing In More Than Three Months | 0 | 0 | — |
| Proceeds From Issuance Of Long Term Debt | 3,459 | 2,948 | +17.3% |
| Repayments Of Long Term Debt | -3,052 | -2,422 | -26.0% |
| Payments Of Dividends | -2,295 | -2,106 | -9.0% |
| Collateral For Derivatives Received Returned Financing Activities | 122 | 806 | -84.9% |
| Proceeds From Payments For Other Financing Activities | -101 | -152 | +33.6% |
| Net Cash from Financing | -3,581 | -4,103 | +12.7% |
| Other Cash Flow | |||
| Net Change in Cash | 831 | -47 | +1868.1% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 4,892 | 4,254 | +15.0% |
Values in millions USD. Source: SEC EDGAR 10-K filing.