Philip Morris (PM) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $2.20
- EPS estimate
- $2.03
- EPS surprise
- +8.24%
- Revenue surprise
- +5.57%
- Revenue
- $11.2B
- Revenue estimate
- $10.6B
- Reported
- Jul 22, 2026
Philip Morris reported Q2 2026 results on July 22, 2026. Earnings per share were $2.20, beating the $2.03 estimate by 8.24%. Revenue was $11.2 billion against a $10.6 billion consensus, a 5.57% beat. Compared with Q2 2025, EPS rose about 15% from $1.91 and revenue rose about 11% from $10.1 billion.
The table shows steady growth. Annual EPS rose each year, from $5.60 in 2022 to $6.01 in 2023, $6.55 in 2024 and $7.54 in 2025. The first half of 2026 totals $4.16 per share, about 16% more than the first half of 2025. Q2 2026 revenue is the highest quarterly figure in the table. The highest EPS here is Q3 2025's $2.24, and the lowest is Q2 2022's $1.32. Over the last 20 quarters, Philip Morris beat the EPS estimate 18 times. The two misses were Q3 2022, at 2.28% below, and Q4 2023, at 6.16% below.
Philip Morris reported its Q3 results between October 19 and October 22 in each of the past five years. That points to the third week of October 2026 for the next report. It will show whether the year-over-year growth of the first half carries into the third quarter.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 22, 2026 | $2.03 | $2.20 | +8.24% | $11.2B | SEC |
| Q1 2026 | Apr 22, 2026 | $1.83 | $1.96 | +7.05% | $10.1B | SEC |
| Q4 2025 | Feb 6, 2026 | $1.70 | $1.70 | +0.02% | $10.4B | SEC |
| Q3 2025 | Oct 21, 2025 | $2.09 | $2.24 | +6.95% | $10.8B | SEC |
| Q2 2025 | Jul 22, 2025 | $1.86 | $1.91 | +2.83% | $10.1B | SEC |
| Q1 2025 | Apr 23, 2025 | $1.61 | $1.69 | +4.85% | $9.3B | SEC |
| Q4 2024 | Feb 6, 2025 | $1.50 | $1.55 | +3.42% | $9.7B | SEC |
| Q3 2024 | Oct 22, 2024 | $1.82 | $1.91 | +4.82% | $9.9B | SEC |
| Q2 2024 | Jul 23, 2024 | $1.57 | $1.59 | +1.32% | $9.5B | SEC |
| Q1 2024 | Apr 23, 2024 | $1.41 | $1.50 | +6.56% | $8.8B | SEC |
| Q4 2023 | Feb 8, 2024 | $1.45 | $1.36 | −6.16% | $9.0B | SEC |
| Q3 2023 | Oct 19, 2023 | $1.62 | $1.67 | +3.38% | $9.1B | SEC |
| Q2 2023 | Jul 20, 2023 | $1.50 | $1.60 | +6.74% | $9.0B | SEC |
| Q1 2023 | Apr 20, 2023 | $1.34 | $1.38 | +2.72% | $8.0B | SEC |
| Q4 2022 | Feb 9, 2023 | $1.26 | $1.39 | +9.90% | $8.2B | SEC |
| Q3 2022 | Oct 20, 2022 | $1.36 | $1.33 | −2.28% | $8.0B | SEC |
| Q2 2022 | Jul 21, 2022 | $1.25 | $1.32 | +5.30% | $7.8B | SEC |
| Q1 2022 | Apr 21, 2022 | $1.49 | $1.56 | +4.75% | $7.7B | SEC |
| Q4 2021 | Feb 10, 2022 | $1.33 | $1.35 | +1.86% | $8.1B | SEC |
| Q3 2021 | Oct 19, 2021 | $1.56 | $1.58 | +1.16% | $8.1B | SEC |
Quarterly revenue
Frequently asked questions
When did Philip Morris (PM) last report earnings?
Philip Morris last reported on Jul 22, 2026, covering fiscal Q2 2026.
Did PM beat earnings estimates?
Yes. Philip Morris reported EPS of $2.20 for Q2 2026 against a $2.03 estimate — a 8.24% beat.
How much revenue did PM report last quarter?
Philip Morris reported $11.2B in revenue for Q2 2026, against a consensus estimate of $10.6B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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