Philip Morris (PM) Revenue & Revenue Breakdown

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Philip Morris Revenue Highlights

Latest Revenue (Y)

$40.60B

Latest Revenue (Q)

$10.85B

Main Segment (Y)

Combustible Products

Main Geography (Y)

European Union

Philip Morris Revenue by Period

Philip Morris Revenue by Year

Date	Revenue	Change
2025-12-31	$40.60B	7.18%
2024-12-31	$37.88B	7.69%
2023-12-31	$35.17B	10.74%
2022-12-31	$31.76B	1.14%
2021-12-31	$31.41B	9.45%
2020-12-31	$28.69B	-3.73%
2019-12-31	$29.80B	0.61%
2018-12-31	$29.63B	3.05%
2017-12-31	$28.75B	7.73%
2016-12-31	$26.68B	-0.41%
2015-12-31	$26.79B	-9.99%
2014-12-31	$29.77B	-4.64%
2013-12-31	$31.22B	-0.51%
2012-12-31	$31.38B	0.90%
2011-12-31	$31.10B	14.29%
2010-12-31	$27.21B	8.68%
2009-12-31	$25.04B	-2.61%
2008-12-31	$25.70B	12.75%
2007-12-31	$22.80B	9.77%
2006-12-31	$20.77B	-54.14%
2005-12-31	$45.29B	157.57%
2004-12-31	$17.58B	-47.34%
2003-12-31	$33.39B	312.01%
2001-12-31	$8.10B	-

Philip Morris generated $40.60B in revenue during NA 2025, up 7.18% compared to the previous quarter, and up 141.48% compared to the same period a year ago.

Philip Morris Revenue by Quarter

Date	Revenue	Change
2025-09-30	$10.85B	6.95%
2025-06-30	$10.14B	9.63%
2025-03-31	$9.25B	-4.71%
2024-12-31	$9.71B	-2.07%
2024-09-30	$9.91B	4.68%
2024-06-30	$9.47B	7.68%
2024-03-31	$8.79B	-2.81%
2023-12-31	$9.05B	-1.03%
2023-09-30	$9.14B	1.94%
2023-06-30	$8.97B	11.82%
2023-03-31	$8.02B	-1.63%
2022-12-31	$8.15B	1.49%
2022-09-30	$8.03B	2.55%
2022-06-30	$7.83B	1.11%
2022-03-31	$7.75B	-4.42%
2021-12-31	$8.10B	-0.22%
2021-09-30	$8.12B	6.95%
2021-06-30	$7.59B	0.12%
2021-03-31	$7.58B	1.89%
2020-12-31	$7.44B	-0.03%
2020-09-30	$7.45B	11.95%
2020-06-30	$6.65B	-7.02%
2020-03-31	$7.15B	-7.26%
2019-12-31	$7.71B	0.93%
2019-09-30	$7.64B	-0.74%
2019-06-30	$7.70B	14.04%
2019-03-31	$6.75B	-9.97%
2018-12-31	$7.50B	-0.07%
2018-09-30	$7.50B	-2.87%
2018-06-30	$7.73B	12.04%
2018-03-31	$6.90B	-16.86%
2017-12-31	$8.29B	10.99%
2017-09-30	$7.47B	8.04%
2017-06-30	$6.92B	14.07%
2017-03-31	$6.06B	-13.01%
2016-12-31	$6.97B	-0.16%
2016-09-30	$6.98B	5.01%
2016-06-30	$6.65B	9.30%
2016-03-31	$6.08B	-4.83%
2015-12-31	$6.39B	-7.72%
2015-09-30	$6.93B	0.99%
2015-06-30	$6.86B	3.67%
2015-03-31	$6.62B	-8.07%
2014-12-31	$7.20B	-8.39%
2014-09-30	$7.86B	0.76%
2014-06-30	$7.80B	12.72%
2014-03-31	$6.92B	-11.20%
2013-12-31	$7.79B	-1.74%
2013-09-30	$7.93B	0.13%
2013-06-30	$7.92B	4.39%
2013-03-31	$7.58B	-3.87%
2012-12-31	$7.89B	-0.39%
2012-09-30	$7.92B	-2.46%
2012-06-30	$8.12B	9.02%
2012-03-31	$7.45B	-2.91%
2011-12-31	$7.67B	-8.26%
2011-09-30	$8.36B	1.08%
2011-06-30	$8.27B	21.82%
2011-03-31	$6.79B	-3.50%
2010-12-31	$7.04B	6.40%
2010-09-30	$6.61B	-6.33%
2010-06-30	$7.06B	8.70%
2010-03-31	$6.50B	-3.29%
2009-12-31	$6.72B	1.97%
2009-09-30	$6.59B	7.39%
2009-06-30	$6.13B	9.59%
2009-03-31	$5.60B	-2.03%
2008-12-31	$5.71B	-17.83%
2008-09-30	$6.95B	3.64%
2008-06-30	$6.71B	5.99%
2008-03-31	$6.33B	-

Philip Morris generated $10.85B in revenue during Q3 2025, up 6.95% compared to the previous quarter, and up 114.54% compared to the same period a year ago.

Philip Morris Revenue Breakdown

Philip Morris Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Combustible Products	$23.79B	$23.22B	$22.33B	-	-
Reduced-Risk Products	$16.85B	$14.66B	-	-	-
Americas Segment	-	$4.53B	$1.94B	-	-
Smoke-Free Products	-	$14.33B	$12.84B	-	-
Wellness and Healthcare Segment	-	$333.00M	$306.00M	-	-
SSEA, CIS & MEA Segment	-	$11.26B	$10.63B	-	-
Europe Segment	-	$15.36B	$13.60B	-	-
EA, AU & PMI DF Segment	-	$6.39B	$6.20B	-	-
Swedish Match AB Segment	-	-	$2.50B	-	-
European Union Segment	-	-	-	$12.12B	$12.28B
Other Segments	-	-	-	-	$101.00M

Philip Morris's latest annual revenue breakdown by segment (product or service), as of Dec 25: Combustible Products (58.54%), and Reduced-Risk Products (41.46%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19
Combustible Products	$6.01B	$6.40B	$5.98B	$5.41B	$6.13B	$5.86B	$5.41B	$5.46B	$5.72B	$5.04B	$5.60B	$6.30B	$6.23B	-	-	-	-	-	-	-
Reduced-Risk Products	$4.35B	$4.45B	$4.16B	$3.90B	$2.12B	$1.73B	$1.61B	$1.55B	$1.34B	$1.47B	-	-	-	-	-	-	-	-	-	-
Smoke-Free Products	-	-	-	$3.90B	$3.55B	$3.78B	$3.61B	$3.39B	$3.49B	-	-	-	-	-	-	-	-	-	-	-
EA, AU & PMI DF Segment	-	-	-	-	-	-	-	-	$1.43B	-	-	-	-	-	-	-	-	-	-	-
Americas Segment	-	-	-	-	-	-	-	-	$545.00M	-	-	-	-	-	-	-	-	-	-	-
Europe Segment	-	-	-	-	-	-	-	-	$3.61B	-	-	-	-	-	-	-	-	-	-	-
Wellness and Healthcare Segment	-	-	-	-	-	-	-	-	$69.00M	-	-	-	-	-	-	-	-	-	-	-
Swedish Match AB Segment	-	-	-	-	-	-	-	-	$682.00M	-	-	-	-	-	-	-	-	-	-	-
SSEA, CIS & MEA Segment	-	-	-	-	-	-	-	-	$2.71B	-	-	-	-	-	-	-	-	-	-	-
European Union Segment	-	-	-	-	-	-	-	-	-	$3.07B	$3.14B	$3.01B	$3.19B	$3.15B	-	-	-	-	-	-
Other Segments	-	-	-	-	-	-	-	-	-	-	-	$66.00M	-	-	-	-	-	-	-	-

Philip Morris's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Combustible Products (57.99%), and Reduced-Risk Products (42.01%).

Philip Morris Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
European Union	$17.11B	$15.36B	$13.60B	-	-
SSEA, CIS & MEA Segment	$12.05B	$11.26B	-	-	-
Americas Segment	$4.85B	$4.53B	$1.94B	$1.90B	$1.84B
EA, AU & PMI GTR Segment	$6.63B	-	-	-	-
East Asia And Australia	-	$6.39B	$6.20B	-	-
Europe Segment	-	-	$13.60B	-	-
Eastern Europe Segment	-	-	-	$3.73B	$3.54B
European Union Segment	-	-	-	$12.12B	$12.28B
Middle East And Africa Segment	-	-	-	$3.90B	$3.29B
South And Southeast Asia Segment	-	-	-	$4.39B	$4.40B
East Asia And Australia Segment	-	-	-	$5.13B	$5.95B

Philip Morris's latest annual revenue breakdown by geography, as of Dec 25: European Union (42.10%), SSEA, CIS & MEA Segment (29.65%), EA, AU & PMI GTR Segment (16.32%), and Americas Segment (11.94%).

Quarterly Revenue by Country

Country	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
SSEA, CIS & MEA Segment	$3.11B	$3.27B	$2.93B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Americas Segment	$1.23B	$1.08B	$1.27B	$1.27B	$1.26B	$1.15B	$1.13B	$996.00M	$545.00M	$478.00M	$476.00M	$445.00M	$474.00M	$469.00M	$424.00M	$456.00M	-	-	-	-
EA, AU & PMI GTR Segment	$4.86B	$1.77B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
European Union	$4.60B	$4.72B	$4.23B	$3.56B	$4.06B	$4.12B	$3.81B	$3.37B	$3.61B	$959.00M	$788.00M	$706.00M	-	-	-	-	-	-	-	-
East Asia And Australia	-	-	$1.71B	$1.43B	$1.60B	$1.67B	$1.68B	$824.00M	$792.00M	$753.00M	-	-	-	-	-	-	-	-	-	-
Swedish Match AB Segment	-	-	-	-	-	-	-	-	$682.00M	-	-	-	-	-	-	-	-	-	-	-
Wellness and Healthcare Segment	-	-	-	-	-	-	-	-	$69.00M	-	-	-	-	-	-	-	-	-	-	-
South And Southeast Asia	-	-	-	-	-	-	-	-	$2.71B	$2.00M	$1.18B	-	-	-	-	-	-	-	-	-
East Asia & Australia Segment	-	-	-	-	-	-	-	-	$1.43B	$1.20B	$1.21B	$1.40B	$1.52B	$1.51B	-	-	-	-	-	-
Europe Segment	-	-	-	-	-	-	-	-	$3.61B	$3.67B	$3.40B	$2.91B	-	-	-	-	-	-	-	-
Eastern Europe Segment	-	-	-	-	-	-	-	-	-	-	-	-	$1.11B	$898.00M	$726.00M	$941.00M	$895.00M	-	-	-
European Union Segment	-	-	-	-	-	-	-	-	-	-	-	-	$3.07B	$3.14B	$3.01B	$3.19B	$3.15B	-	-	-
Middle East & Africa Segment	-	-	-	-	-	-	-	-	-	-	-	-	$980.00M	$1.01B	$246.00M	$945.00M	$560.00M	-	-	-
South & Southeast Asia Segment	-	-	-	-	-	-	-	-	-	-	-	-	$1.14B	$1.03B	$1.12B	$1.06B	$1.05B	-	-	-
Latin America & Canada Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$430.00M	-	-	-
Middle East And Africa	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$21.00M	$5.00M	-
Latin America And Canada	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$12.00M	$11.00M	$7.00M
Eastern Europe	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$304.00M	$339.00M	$263.00M

Philip Morris's latest quarterly revenue breakdown by geography, as of Dec 25: EA, AU & PMI GTR Segment (35.24%), European Union (33.32%), SSEA, CIS & MEA Segment (22.53%), and Americas Segment (8.91%).

Philip Morris Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PEP	PepsiCo	$93.92B	$23.94B
PG	Procter & Gamble	$84.28B	$22.21B
UL	Unilever	$59.79B	$29.05B
BUD	Anheuser-Busch InBev SA/NV	$59.38B	$29.09B
KO	Coca-Cola	$47.06B	$12.46B
PM	Philip Morris	$40.60B	$10.85B
BTI	British American Tobacco p.l.c.	$27.28B	$13.84B
MO	Altria Group	$24.02B	$5.25B
UVV	Universal	$2.75B	-
RLX	RLX	$1.24B	$65.15M
TPB	Turning Point Brands	$360.66M	$118.98M

PM Revenue FAQ

What is Philip Morris’s yearly revenue?

Philip Morris's yearly revenue for 2025 was $40.6B, representing an increase of 7.18% compared to 2024. The company's yearly revenue for 2024 was $37.88B, representing an increase of 7.69% compared to 2023. PM's yearly revenue for 2023 was $35.17B, representing an increase of 10.74% compared to 2022.

What is Philip Morris’s quarterly revenue?

Philip Morris's quarterly revenue for Q3 2025 was $10.84B, a 6.95% increase from the previous quarter (Q2 2025), and a 9.42% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $10.14B, a 9.63% increase from the previous quarter (Q1 2025), and a 7.10% increase year-over-year (Q2 2024). PM's quarterly revenue for Q1 2025 was $9.25B, a -4.71% decrease from the previous quarter (Q4 2024), and a 5.19% increase year-over-year (Q1 2024).

What is Philip Morris’s revenue growth rate?

Philip Morris's revenue growth rate for the last 3 years (2023-2025) was 15.41%, and for the last 5 years (2021-2025) was 29.27%.

What are Philip Morris’s revenue streams?

Philip Morris's revenue streams in c 25 are Combustible Products, and Reduced-Risk Products. Combustible Products generated $23.79B in revenue, accounting 58.54% of the company's total revenue, up 2.48% year-over-year. Reduced-Risk Products generated $16.85B in revenue, accounting 41.46% of the company's total revenue, up 14.97% year-over-year.

What is Philip Morris’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Philip Morris was Combustible Products. This segment made a revenue of $23.79B, representing 58.54% of the company's total revenue.