PM · News · 20260918N

Smoke-Free Product Demand

Philip Morris International Inc. · 2026-09-18 · Importance 44 · Surprise 24 · In source text

Philip Morris International’s smoke-free products represented approximately 42% of total net revenues in the second quarter of 2026. The portfolio includes IQOS heated-tobacco products and ZYN nicotine pouches. Third-party coverage characterized smoke-free product growth as a key driver of PMI’s market prospects.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomepositiveprobable—The company raised its earnings guidance for the full year 2026.