Philip Morris International Inc. (PM) Form 8-K — Jul 22, 2026
Philip Morris International reported second quarter net revenues of $11.2 billion, an increase of 10.4% reported and 7.6% organic, marking the first time quarterly revenues surpassed $11 billion. The company cited excellent growth across all metrics, driven by robust performance in its smoke-free business which accounted for 42% of total net revenues. Adjusted diluted EPS grew by 15.2% to $2.20, while reported diluted EPS declined by 7.7% to $1.80 due to a non-cash impairment charge of $511 million related to the RBH equity investment. Excluding this charge and other items, the company exceeded prior expectations, with organic operating income growth reaching 10.7%.
Key figures
- Eps
- $1.80
- Revenue
- $11.2 billion
- Guidance
- Adjusted Diluted EPS $8.26 - $8.41
- Net Income
- $2.82 billion
- Adjusted EPS
- $2.20
- Rbh Impairment
- $511 million
- Operating Cash Flow
- $5.49 billion
- Smoke Free Revenue Share
- 42%
Price after filing
Close on the filing date to close N calendar days later (from $192.72). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.