Cost of revenue · 2016–2025

Philip Morris International cost of revenue

$13.4B+0.3% · FY2025

Philip Morris International (PM) reported $13.4B in cost of revenue for fiscal 2025, +0.3% year on year.

$9.4B2016$10.4B2017$10.8B2018$10.5B2019$9.6B2020$10.0B2021$11.4B2022$12.9B2023$13.3B2024$13.4B2025
Philip Morris International — Cost of revenue, 2016–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$13.4B+0.3%Open →
FY20242024-12-31$13.3B+3.4%Open →
FY20232023-12-31$12.9B+13.1%Open →
FY20222022-12-31$11.4B+13.7%Open →
FY20212021-12-31$10.0B+4.8%Open →
FY20202020-12-31$9.6B−9.0%Open →
FY20192019-12-31$10.5B−2.3%Open →
FY20182018-12-31$10.8B+3.1%Open →
FY20172017-12-31$10.4B+11.1%Open →
FY20162016-12-31$9.4B—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +4.0%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Philip Morris International cost of revenue |url=https://companiesranked.com/en/company/philip-morris-international/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Philip Morris International cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/philip-morris-international/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-philip-morris-international-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Philip Morris International cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/philip-morris-international/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001628280-26-005939 · February 6, 2026

{{cite web |title=Philip Morris International cost of revenue — 10-K (0001628280-26-005939) |url=https://www.sec.gov/Archives/edgar/data/1413329/000162828026005939/pm-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-06}}

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