Philip Morris International annual operating expenses
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Philip Morris International Operating Expenses Growth & History (PM)
Philip Morris International's operating expenses was $12.39B for fiscal 2025.
View full Philip Morris International company overviewPhilip Morris International annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $12.39B | $1.24B | +11.15% |
| 2024 | 2024-12-31 | $11.15B | $422.0M | +3.93% |
| 2023 | 2023-12-31 | $10.72B | $2.61B | +32.18% |
| 2022 | 2022-12-31 | $8.11B | −$286.0M | −3.40% |
| 2021 | 2021-12-31 | $8.40B | $943.0M | +12.65% |
| 2020 | 2020-12-31 | $7.46B | −$1.30B | −14.88% |
| 2019 | 2019-12-31 | $8.76B | $1.27B | +16.97% |
| 2018 | 2018-12-31 | $7.49B | $755.0M | +11.21% |
| 2017 | 2017-12-31 | $6.74B | $344.0M | +5.38% |
| 2016 | 2016-12-31 | $6.39B | −$415.0M | −6.10% |
| 2015 | 2015-12-31 | $6.81B | −$823.0M | −10.79% |
| 2014 | 2014-12-31 | $7.63B | $337.0M | +4.62% |
| 2013 | 2013-12-31 | $7.29B | $151.0M | +2.11% |
| 2012 | 2012-12-31 | $7.14B | $64.0M | +0.90% |
| 2011 | 2011-12-31 | $7.08B | $782.0M | +12.42% |
| 2010 | 2010-12-31 | $6.29B | $322.0M | +5.39% |
| 2009 | 2009-12-31 | $5.97B | −$156.0M | −2.55% |
| 2008 | 2008-12-31 | $6.13B | $924.0M | +17.75% |
| 2007 | 2007-12-31 | $5.21B | — | — |
Philip Morris International quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.13B | −$25.0M | −0.79% |
| Q1 2026 | 2026-03-31 | $3.01B | $286.0M | +10.49% |
| Q4 2025 | 2025-12-31 | $3.42B | $391.0M | +12.93% |
| Q3 2025 | 2025-09-30 | $3.10B | $204.0M | +7.06% |
| Q2 2025 | 2025-06-30 | $3.15B | $475.0M | +17.73% |
| Q1 2025 | 2025-03-31 | $2.73B | $173.0M | +6.78% |
| Q4 2024 | 2024-12-31 | $3.02B | $328.0M | +12.17% |
| Q3 2024 | 2024-09-30 | $2.89B | $285.0M | +10.94% |
| Q2 2024 | 2024-06-30 | $2.68B | −$494.0M | −15.57% |
| Q1 2024 | 2024-03-31 | $2.55B | $303.0M | +13.47% |
| Q4 2023 | 2023-12-31 | $2.70B | $679.0M | +33.66% |
| Q3 2023 | 2023-09-30 | $2.61B | $477.0M | +22.40% |
| Q2 2023 | 2023-06-30 | $3.17B | $1.04B | +49.11% |
| Q1 2023 | 2023-03-31 | $2.25B | $410.0M | +22.28% |
| Q4 2022 | 2022-12-31 | $2.02B | −$333.0M | −14.17% |
| Q3 2022 | 2022-09-30 | $2.13B | $58.0M | +2.80% |
| Q2 2022 | 2022-06-30 | $2.13B | $16.0M | +0.76% |
| Q1 2022 | 2022-03-31 | $1.84B | −$27.0M | −1.45% |
| Q4 2021 | 2021-12-31 | $2.35B | $383.0M | +19.47% |
| Q3 2021 | 2021-09-30 | $2.07B | $284.0M | +15.89% |
| Q2 2021 | 2021-06-30 | $2.11B | $371.0M | +21.31% |
| Q1 2021 | 2021-03-31 | $1.87B | −$95.0M | −4.84% |
| Q4 2020 | 2020-12-31 | $1.97B | −$462.0M | −19.02% |
| Q3 2020 | 2020-09-30 | $1.79B | −$462.0M | −20.54% |
| Q2 2020 | 2020-06-30 | $1.74B | −$106.0M | −5.74% |
| Q1 2020 | 2020-03-31 | $1.96B | −$274.0M | −12.25% |
| Q4 2019 | 2019-12-31 | $2.43B | $413.0M | +20.49% |
| Q3 2019 | 2019-09-30 | $2.25B | $519.0M | +30.00% |
| Q2 2019 | 2019-06-30 | $1.85B | −$42.0M | −2.22% |
| Q1 2019 | 2019-03-31 | $2.24B | $381.0M | +20.54% |
| Q4 2018 | 2018-12-31 | $2.02B | $63.0M | +3.23% |
| Q3 2018 | 2018-09-30 | $1.73B | $80.0M | +4.85% |
| Q2 2018 | 2018-06-30 | $1.89B | $228.0M | +13.73% |
| Q1 2018 | 2018-03-31 | $1.85B | $384.0M | +26.10% |
| Q4 2017 | 2017-12-31 | $1.95B | $181.0M | +10.21% |
| Q3 2017 | 2017-09-30 | $1.65B | $77.0M | +4.90% |
| Q2 2017 | 2017-06-30 | $1.66B | $129.0M | +8.42% |
| Q1 2017 | 2017-03-31 | $1.47B | −$43.0M | −2.84% |
| Q4 2016 | 2016-12-31 | $1.77B | −$344.0M | −16.26% |
| Q3 2016 | 2016-09-30 | $1.57B | −$12.0M | −0.76% |
| Q2 2016 | 2016-06-30 | $1.53B | −$57.0M | −3.59% |
| Q1 2016 | 2016-03-31 | $1.51B | −$2.0M | −0.13% |
| Q4 2015 | 2015-12-31 | $2.12B | $83.0M | +4.08% |
| Q3 2015 | 2015-09-30 | $1.58B | −$192.0M | −10.80% |
| Q2 2015 | 2015-06-30 | $1.59B | −$638.0M | −28.65% |
| Q1 2015 | 2015-03-31 | $1.52B | −$76.0M | −4.77% |
| Q4 2014 | 2014-12-31 | $2.03B | $34.0M | +1.70% |
| Q3 2014 | 2014-09-30 | $1.78B | $67.0M | +3.92% |
| Q2 2014 | 2014-06-30 | $2.23B | $348.0M | +18.52% |
| Q1 2014 | 2014-03-31 | $1.59B | −$112.0M | −6.57% |
| Q4 2013 | 2013-12-31 | $2.00B | $24.0M | +1.22% |
| Q3 2013 | 2013-09-30 | $1.71B | −$3.0M | −0.18% |
| Q2 2013 | 2013-06-30 | $1.88B | $29.0M | +1.57% |
| Q1 2013 | 2013-03-31 | $1.70B | $101.0M | +6.30% |
| Q4 2012 | 2012-12-31 | $1.98B | −$58.0M | −2.85% |
| Q3 2012 | 2012-09-30 | $1.71B | −$125.0M | −6.80% |
| Q2 2012 | 2012-06-30 | $1.85B | $133.0M | +7.75% |
| Q1 2012 | 2012-03-31 | $1.60B | $114.0M | +7.66% |
| Q4 2011 | 2011-12-31 | $2.03B | $240.0M | +13.39% |
| Q3 2011 | 2011-09-30 | $1.84B | $350.0M | +23.52% |
| Q2 2011 | 2011-06-30 | $1.72B | $112.0M | +6.98% |
| Q1 2011 | 2011-03-31 | $1.49B | $80.0M | +5.68% |
| Q4 2010 | 2010-12-31 | $1.79B | $63.0M | +3.64% |
| Q3 2010 | 2010-09-30 | $1.49B | $71.0M | +5.01% |
| Q2 2010 | 2010-06-30 | $1.60B | $85.0M | +5.59% |
| Q1 2010 | 2010-03-31 | $1.41B | $103.0M | +7.89% |
| Q4 2009 | 2009-12-31 | $1.73B | — | — |
| Q3 2009 | 2009-09-30 | $1.42B | −$165.0M | −10.43% |
| Q2 2009 | 2009-06-30 | $1.52B | −$119.0M | −7.26% |
| Q1 2009 | 2009-03-31 | $1.31B | — | — |
| Q3 2008 | 2008-09-30 | $1.58B | — | — |
| Q2 2008 | 2008-06-30 | $1.64B | — | — |
Philip Morris International operating expenses trends
Over the last five fiscal years, Philip Morris International's operating expenses increased from $7.46B to $12.39B, a change of $4.93B. The latest reported quarter, Q2 2026, shows $3.13B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Philip Morris International source filings ↗