---
schema_version: "secwatch.filing_event.v1"
accession: "0001413329-25-000154"
form_type: "8-K"
ticker: "PM"
cik: "0001413329"
company_name: "Philip Morris International Inc."
filed_at: "2025-09-02T23:59:59+00:00"
generated_at: "2026-05-17T08:47:50.210684+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PMI reaffirms FY2025 adj. EPS growth 13-15%; Q3 ZYN offtake accelerates ~32%

## Summary
- Reaffirmed FY2025 reported EPS $7.24-$7.37, adj. EPS $7.43-$7.56 (growth 13-15%).
- Excluding currency, adj. EPS growth 11.5%-13.5% vs $6.57 in FY2024.
- Q3-to-date US ZYN offtake ~32% growth in first 8 weeks; H2 shipments now seen broadly in line with offtake.
- Combustible volume recovery in Turkey/Egypt better than expected; IQOS, ZYN international, VEEV growth strong.
- Previously assumed 800-840M ZYN can shipments for FY; updated outlook reflects competition and inventory normalization.

## SEC filing metadata
- accession: 0001413329-25-000154
- form_type: 8-K
- ticker: PM
- cik: 0001413329
- company_name: Philip Morris International Inc.
- filed_at: 2025-09-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1413329/000141332925000154/0001413329-25-000154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1413329/000141332925000154/pm-20250902.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001413329-25-000154
- JSON: https://secwatch.observer/filing/0001413329-25-000154.json
- Plain text: https://secwatch.observer/filing/0001413329-25-000154.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.