Filing Flows › Philip Morris International (PM) › Guidance & outlook
Philip Morris International (PM) guidance and outlook
Philip Morris International (PM) raised its guidance on Oct 21, 2026: Revenue +5% to +7% for Q4 2026; Tax rate 21.5% for FY2026; Operating cash flow $13.5B for FY2026; Capital expenditures $1.4B–$1.6B for FY2026.
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | Q4 2026 | +5% to +7% | new |
| Operating income | FY2026 | +7% to +9% | new |
| Tax rate | FY2026 | 21.5% | reaffirmed |
| Operating cash flow | FY2026 | $13.5B | reaffirmed |
| Capital expenditures | FY2026 | $1.4B–$1.6B | reaffirmed |
| Gross profit | FY2026 | $7.9B | raised |
From the earnings release filed Oct 21, 2026 (8-K on EDGAR).
Philip Morris International's latest quarter
Philip Morris International, Q3 2026: revenue $11.4B (+6% year over year), operating margin 42.5%, net earnings $3.3B, operating cash flow $5.4B. The chart follows the revenue to costs, profit and cash.
Questions
Did Philip Morris International raise or lower its guidance?
Philip Morris International (PM) raised its guidance on Oct 21, 2026: Revenue +5% to +7% for Q4 2026; Tax rate 21.5% for FY2026; Operating cash flow $13.5B for FY2026; Capital expenditures $1.4B–$1.6B for FY2026.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.