# PHILIP MORRIS INTERNATIONAL INC. (PM) FY2025 Annual P&L / Income Statement

- Company: PHILIP MORRIS INTERNATIONAL INC. (PM)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-06, accession number 0001628280-26-005939
- Page: https://plicit.ai/financials/pm/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/pm-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues (Notes 5 & 11)**: 40,648,000,000 US dollars
- **Cost of sales**: 13,366,000,000 US dollars
- **Gross profit**: 27,282,000,000 US dollars
- **Operating expenses (calculated)**: 12,390,000,000 US dollars
- **Operating income**: 14,892,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 1,012,000,000 US dollars
- **Earnings before income taxes**: 13,880,000,000 US dollars
- **Provision for income taxes (Note 10)**: 2,737,000,000 US dollars
- **Net earnings**: 11,848,000,000 US dollars
- **Combustible Tobacco Products**: 23,794,000,000 US dollars
- **Smoke-Free Products**: 16,854,000,000 US dollars
- **Impairment of goodwill (Note 4)**: 41,000,000 US dollars
- **Marketing, administration and research costs (Notes 3, 4, 11 & 18)**: 12,349,000,000 US dollars
- **Impairment related to the RBH equity investment (Note 5)**: 0 US dollars. Reported below-tax contribution to net income.
- **Equity investments and securities (income)/loss, net**: 705,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to PHILIP MORRIS INTERNATIONAL INC.: $11.35 B; to noncontrolling interests: $500.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/pm/fy2025-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/pm-fy2025-annual-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue and costs use their disclosed categories.

- **Net revenues (Notes 5 & 11)**: 40,648,000,000 US dollars
- **Cost of sales**: 13,366,000,000 US dollars
- **Gross profit**: 27,282,000,000 US dollars
- **Operating expenses (calculated)**: 12,390,000,000 US dollars
- **Operating income**: 14,892,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 1,012,000,000 US dollars
- **Earnings before income taxes**: 13,880,000,000 US dollars
- **Provision for income taxes (Note 10)**: 2,737,000,000 US dollars
- **Net earnings**: 11,848,000,000 US dollars
- **SSEA, CIS & MEA Segment revenue**: 12,051,000,000 US dollars
- **EA, AU & PMI GTR Segment revenue**: 6,632,000,000 US dollars
- **Europe revenue**: 17,111,000,000 US dollars
- **Americas revenue**: 4,854,000,000 US dollars
- **SSEA, CIS & MEA Segment cost of revenue**: 5,190,000,000 US dollars
- **EA, AU & PMI GTR Segment cost of revenue**: 1,961,000,000 US dollars
- **Europe cost of revenue**: 4,501,000,000 US dollars
- **Americas cost of revenue**: 1,714,000,000 US dollars
- **Impairment of goodwill (Note 4)**: 41,000,000 US dollars
- **Marketing, administration and research costs (Notes 3, 4, 11 & 18)**: 12,349,000,000 US dollars
- **Impairment related to the RBH equity investment (Note 5)**: 0 US dollars. Reported below-tax contribution to net income.
- **Equity investments and securities (income)/loss, net**: 705,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to PHILIP MORRIS INTERNATIONAL INC.: $11.35 B; to noncontrolling interests: $500.00 M.

## Chart details: Revenue by Business Segment by Product and Service

- Page: https://plicit.ai/financials/pm/fy2025-annual-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/pm-fy2025-annual-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues (Notes 5 & 11)**: 40,648,000,000 US dollars
- **Cost of sales**: 13,366,000,000 US dollars
- **Gross profit**: 27,282,000,000 US dollars
- **Operating expenses (calculated)**: 12,390,000,000 US dollars
- **Operating income**: 14,892,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 1,012,000,000 US dollars
- **Earnings before income taxes**: 13,880,000,000 US dollars
- **Provision for income taxes (Note 10)**: 2,737,000,000 US dollars
- **Net earnings**: 11,848,000,000 US dollars
- **Americas - Combustible Tobacco Products**: 2,163,000,000 US dollars
- **Americas - Smoke-Free Products**: 2,691,000,000 US dollars
- **EA, AU & PMI GTR Segment - Combustible Tobacco Products**: 2,415,000,000 US dollars
- **EA, AU & PMI GTR Segment - Smoke-Free Products**: 4,217,000,000 US dollars
- **Europe - Combustible Tobacco Products**: 8,984,000,000 US dollars
- **Europe - Smoke-Free Products**: 8,127,000,000 US dollars
- **SSEA, CIS & MEA Segment - Combustible Tobacco Products**: 10,233,000,000 US dollars
- **SSEA, CIS & MEA Segment - Smoke-Free Products**: 1,818,000,000 US dollars
- **Impairment of goodwill (Note 4)**: 41,000,000 US dollars
- **Marketing, administration and research costs (Notes 3, 4, 11 & 18)**: 12,349,000,000 US dollars
- **Impairment related to the RBH equity investment (Note 5)**: 0 US dollars. Reported below-tax contribution to net income.
- **Equity investments and securities (income)/loss, net**: 705,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to PHILIP MORRIS INTERNATIONAL INC.: $11.35 B; to noncontrolling interests: $500.00 M.