earnings
confidence high
sentiment positive
materiality 0.75
PMI Q1 adj EPS +16% to $1.96; IQOS becomes #1; updates FY adj EPS forecast for currency
Philip Morris International Inc.
2026-Q1 EPS reported
$1.56
revenue$10,146,000,000
- Reported diluted EPS $1.56 (down 9.3% YoY); adjusted diluted EPS $1.96 (up 16.0%, 5.3% excluding currency).
- Net revenues $10.1B, up 9.1% (2.7% organic); smoke-free business 43% of total revenues, up 1.3pp.
- IQOS became #1 nicotine brand in markets where present, with 10.9% share; HTU adjusted IMS volume grew 10.9%.
- International smoke-free segment net revenue grew 24.7% (15.8% organic) with 11.9% volume growth.
- FY2026 adjusted diluted EPS forecast updated for currency only; no numeric change disclosed in release.
item 2.02item 9.01