Philip Morris International Inc. 8K

Philip Morris International reported strong Q2 2026 and first-half 2026 results driven by its smoke-free products, recorded a significant non-cash impairment on its RBH investment, and reaffirmed/upgraded its 2026 adjusted EPS forecast while outlining only minor impacts so far from the Middle East conflict.

On July 22, 2026, Philip Morris International Inc. reported its financial results for the second quarter and first six months of 2026, highlighting record quarterly net revenues of $11.2 billion and strong growth in its smoke-free portfolio, with adjusted diluted EPS rising 15.2% year-over-year to $2.20 (13.6% excluding currency) despite a 7.7% decline in reported diluted EPS to $1.80 due largely to a $511 million non-cash impairment of its deconsolidated Canadian affiliate RBH. The company provided detailed segment performance for international smoke-free, international combustibles, and U.S. operations, noted only minor operational impact to date from the Middle East conflict, and updated its 2026 full-year outlook to forecast reported diluted EPS of $7.19–$7.34 and adjusted diluted EPS of $8.26–$8.41, implying 9.5%–11.5% growth over 2025 (7.5%–9.5% excluding currency).

Filing Facts

CIK

1413329

Ticker

PM

Form

8K

Source Type

sec

Accession

0001628280-26-049107

Alert Tier

7