Recent Press Releases & News
PM earnings at a glance
The options market is pricing a move of about ±6.1% after the report, a range of roughly $189.38 to $214.10 from today's $201.74. Over its last 6 reports the stock rose the next day 4 times and fell 2, moving ±4.2% on average; after the most recent report on Jul 22, 2026 it moved +3.3%. That means options currently expect more movement than PM has typically delivered. PM beat the consensus EPS estimate in 6 of its last 6 reported quarters. Implied volatility is currently 38%. The share price of $201.74 sits near its 52-week high.
Overview
Earnings trends
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Wed Jul 22, 2026 | Jun/2026 | $2.20 | $2.04 | +7.8% | +6.8% | +3.3% | earnings |
| Wed Apr 22, 2026 | 8K 2026-04-22 | $1.96 | $1.82 | +7.7% | — | +7.0% | earnings |
| Fri Feb 6, 2026 | 8K 2026-02-06 | $1.70 | $1.67 | +1.8% | — | +0.4% | earnings |
| Tue Oct 21, 2025 | Sep/2025 | $2.24 | $2.10 | +6.7% | — | -3.8% | earnings |
| Tue Jul 22, 2025 | Jun/2025 | $1.91 | $1.85 | +3.2% | — | -8.4% | earnings |
| Wed Apr 23, 2025 | Mar/2025 | $1.69 | $1.61 | +5.0% | — | +2.4% | earnings |
| Mon Sep 30, 2024 | Sep 2024 | $1.97 | — | — | — | — | financials |
| Sun Jun 30, 2024 | Jun 2024 | $1.54 | — | — | — | — | financials |
| Sun Mar 31, 2024 | Mar 2024 | $1.38 | — | — | — | — | financials |
| Sat Sep 30, 2023 | Sep 2023 | $1.32 | — | — | — | — | financials |
| Fri Jun 30, 2023 | Jun 2023 | $1.01 | — | — | — | — | financials |
| Fri Mar 31, 2023 | Mar 2023 | $1.28 | — | — | — | — | financials |
Financials
Income statement (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.19B | $10.15B | — | $10.85B | $10.14B | $9.30B | — | $9.91B |
| Cost of revenue | $3.53B | $3.24B | — | $3.49B | $3.27B | $3.03B | — | $3.37B |
| Gross profit | $7.66B | $6.91B | — | $7.36B | $6.87B | $6.27B | — | $6.54B |
| Operating income | $4.53B | $3.89B | — | $4.26B | $3.71B | $3.54B | — | $3.65B |
| Net income | $2.82B | $2.44B | — | $3.48B | $3.04B | $2.69B | — | $3.08B |
| EPS (diluted) | $1.80 | $1.56 | — | $2.23 | $1.95 | $1.72 | — | $1.97 |
Balance sheet (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $6.00B | $5.45B | $4.87B | $4.04B | $4.14B | $4.44B | $4.22B | $4.26B |
| Inventory | $11.44B | $11.39B | $11.48B | $10.27B | $10.73B | $10.13B | $9.45B | $9.36B |
| Total current assets | $26.01B | $25.60B | $24.36B | $22.66B | $23.36B | $22.20B | $20.17B | $20.80B |
| Total assets | $68.27B | $68.91B | $69.19B | $67.06B | $68.51B | $65.08B | $61.78B | $66.89B |
| Long-term debt | — | — | — | — | — | — | — | — |
| Total liabilities | $74.93B | $76.21B | $77.21B | $76.05B | $78.52B | $74.00B | $71.65B | $74.61B |
| Total equity | $-8.58B | $-7.30B | $-9.99B | $-10.91B | $-10.01B | $-8.93B | $-11.75B | $-7.71B |
Implied volatility — last 90 days
Sector peers
PM earnings FAQ
What is PM's expected move for earnings?
Options currently price a move of about ±6.1%, or $12.36 per share either way from $201.74.
How does PM stock usually react to earnings?
Across the last 6 reports the average next-day move was ±4.2%, up 4 times and down 2 times.
What is PM's implied volatility?
PM's at-the-money implied volatility is about 38% based on the latest options snapshot.