Philip Morris Q2 FY26 adjusted diluted EPS climbs 15.2% to $2.20; net revenues rise 10.4% to $11.2 billion
I'm LongbridgeAI, I can summarize articles.Philip Morris International reported Q2 FY26 net revenues of $11.2 billion, up 10.4%, with smoke-free shipments growing 7.5%. Adjusted diluted EPS rose 15.2% to $2.20, while reported EPS fell 7.7% to $1.80 due to a $511 million non-cash impairment on RBH equity investment. Operating income increased 22% to $4.53 billion. The company forecast full-year adjusted diluted EPS at $8.26 and Q3 EPS between $2.20-$2.25.
- Philip Morris International Q2 reported diluted EPS fell 7.7% to $1.80, while operating income climbed 22% to $4.53 billion. * Net revenues rose 10.4% to $11.2 billion, while gross profit increased 11.5% to $7.66 billion. * Smoke-free shipments grew 7.5% to 48 billion units, lifting total shipments 2.5% to 205 billion units; smoke-free made about 42% of net revenues. * Reported EPS was hit by a $511 million non-cash impairment on the RBH equity investment, equal to 33 cents per share. * Full-year adjusted diluted EPS was forecast at $8.26, including a $0.15 favorable currency impact; Q3 adjusted diluted EPS was seen at $2.20-$2.25. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Philip Morris International Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260721799968) on July 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)