The table below shows Philip Morris International Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$40.65B
$37.88B
$35.17B
$31.76B
$31.41B
$28.69B
Cost of revenue
$13.37B
$13.33B
$12.89B
$11.40B
$10.03B
$9.57B
Gross profit
$27.28B
$24.55B
$22.28B
$20.36B
$21.38B
$19.13B
R&D
$756.00M
$759.00M
$709.00M
$642.00M
$617.00M
$495.00M
PM annual revenue (10-K history)
Philip Morris International Inc. reported annual revenue of $40.65B for fiscal year 2025. That is up 7.3% from $37.88B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $26.68B (FY 2016) to $40.65B. Figures come from the company's audited annual reports as filed with the SEC.