Filing Flows › Altria Group (MO) › Q2 2026
Altria Group (MO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Altria Group (MO) reported revenue of $6.1B for the second quarter 2026 (Q2 2026), +0.1% from a year earlier and +13% from the quarter before. Operating margin was 51.3%, net earnings $2.3B (37.6% of revenue).
Altria Group, Q2 2026: revenue $6.1B (+0.1% year over year), operating margin 51.3%, net earnings $2.3B, operating cash flow $719M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.1B | +13% | +0.1% |
| Gross profit | $3.8B | +9% | -0.8% |
| Operating profit | $3.1B | +6% | -3% |
| Net earnings | $2.3B | +5% | -3% |
| Operating cash flow | $719M | -69% | +251% |
| Free cash flow | $662M | -70% | +283% |
What changed
Revenue was $6.1B in Q2 2026, roughly flat year over year and up 13% from the previous quarter. Smokeable Products Segment was the largest line at 88% of revenue. Smokeable Products Segment added $0.04B year over year (up 1%), 389% of the total change. Oral Tobacco Segment declined 5%.
Gross margin was 62.5%, down 0.6 points from Q2 2025. Operating profit was $3.1B, a 51.3% margin (down 1.6 points year over year). Operating profit fell $0.09B even though revenue rose $0.01B versus Q2 2025, so costs grew faster than sales. Operating expenses grew 10% against flat revenue. Net earnings were $2.3B, down 3% year over year. The effective tax rate was 21.5%.
Operating cash flow was $0.72B (up 251% year over year), 31% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization. Working capital and other items used $1.6B. Capital expenditures of $0.06B left free cash flow of $0.66B.
Questions
What was Altria Group's revenue in the second quarter 2026?
Altria Group (MO) reported revenue of $6.1B for the second quarter 2026 (Q2 2026), +0.1% from a year earlier and +13% from the quarter before.
Was Altria Group profitable in the second quarter 2026?
Operating profit was $3.1B (51.3% of revenue) and net earnings $2.3B.
Source: Altria Group 10-Q on SEC EDGAR.