Philip Morris Intl. Nets $40B in 2025

By Hao Liu • Wednesday, May 06 16:15 • Permanent Link

Philip Morris International said annual net revenues topped $40 billion in 2025, with nearly $17 billion coming from its smoke-free business, as the company outlined its 2026 annual meeting results and a strong start to the year.

The company said 2025 marked its fifth straight year of volume growth, alongside “excellent revenue performance” and “significant margin expansion.” It also said its first-quarter performance strengthened confidence in delivering continued best-in-class growth in 2026 through 2028.

At the virtual shareholder meeting, about 81% of shares entitled to vote were represented. Shareholders elected 10 director nominees, approved executive compensation on an advisory basis, ratified PricewaterhouseCoopers SA as auditor, and rejected a shareholder proposal. Today the company's shares have moved 0.78% to a price of $170.78. Check out the company's full 8-K submission here.

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