In 2016, we announced our commitment to delivering a smoke-free future.

With every results statement, we are demonstrating our progress toward that vision of one day replacing cigarettes with scientifically substantiated smoke-free alternatives that, while not risk-free, are a much better choice for those adults who would otherwise continue to smoke.

Our full-year 2022 results reveal our extraordinary progress:

32.1 percent


24.9 million


17.8 million (70 percent)


73 markets


USD 10.5 billion




We are well on our way to becoming a majority smoke-free company. Smoke-free products now account for almost one-third of our total net revenues for the year.
Jacek Olczak, CEO, Philip Morris International
Our multicategory approach
Learn more about our multicategory approach

Explore the smoke-free categories offering adults who don’t quit cigarettes a better alternative

We’re growing our portfolio of smoke-free products to provide every type of adult smoker with better options. So, what are these smoke-free categories and how do they differ?
3 min read Read more

Important Note: This newsletter should be read in conjunction with the Philip Morris International Inc. earnings release dated February 9, 2023, available on Key terms, definitions, forward-looking, and cautionary statements, and explanatory notes, as well as reconciliations of non-GAAP financial measures to the most directly comparable U.S. GAAP measures, are set forth in the earnings release referenced above.

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