Philip Morris International

Philip Morris Travel Retail Unit Lifts Smoke-Free Growth as Q3 Revenue Reaches $11.4 Billion

Philip Morris International's global travel retail business helped drive smoke-free growth in the third quarter and first nine months of 2026, with IQOS heated tobacco share at duty-free airports rising 1.6 percentage points to 19.6%. Group net revenues for the quarter climbed 5.5% to US$11.4 billion.