Philip Morris International annual r&d spending
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Philip Morris International R&D Spending Growth & History (PM)
Philip Morris International's r&d spending was $756.0M for fiscal 2025.
View full Philip Morris International company overviewPhilip Morris International annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $756.0M | −$3.0M | −0.40% |
| 2024 | 2024-12-31 | $759.0M | $50.0M | +7.05% |
| 2023 | 2023-12-31 | $709.0M | $67.0M | +10.44% |
| 2022 | 2022-12-31 | $642.0M | $25.0M | +4.05% |
| 2021 | 2021-12-31 | $617.0M | $122.0M | +24.65% |
| 2020 | 2020-12-31 | $495.0M | $30.0M | +6.45% |
| 2019 | 2019-12-31 | $465.0M | $82.0M | +21.41% |
| 2018 | 2018-12-31 | $383.0M | −$70.0M | −15.45% |
| 2017 | 2017-12-31 | $453.0M | $24.0M | +5.59% |
| 2016 | 2016-12-31 | $429.0M | $6.0M | +1.42% |
| 2015 | 2015-12-31 | $423.0M | −$10.0M | −2.31% |
| 2014 | 2014-12-31 | $433.0M | −$16.0M | −3.56% |
| 2013 | 2013-12-31 | $449.0M | $34.0M | +8.19% |
| 2012 | 2012-12-31 | $415.0M | $2.0M | +0.48% |
| 2011 | 2011-12-31 | $413.0M | $22.0M | +5.63% |
| 2010 | 2010-12-31 | $391.0M | $56.0M | +16.72% |
| 2009 | 2009-12-31 | $335.0M | $1.0M | +0.30% |
| 2008 | 2008-12-31 | $334.0M | — | — |
Philip Morris International r&d spending trends
Over the last five fiscal years, Philip Morris International's r&d spending increased from $495.0M to $756.0M, a change of $261.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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