Who are we
Philip Morris International is a leading consumer goods company, headquartered in Stamford, Connecticut and listed on the New York Stock Exchange (NYSE: PM).
We are evolving our business with the ambition of delivering a smoke-free future by replacing cigarettes with smoke-free products that, while not risk-free, are a better alternative than cigarette smoking.
We combine science, innovation, responsible business practices and commercial capability to create long-term value and accelerate progress towards a smoke-free future.
PMI at a glance
Key facts and figures about PMI, our business, and our progress toward a smoke-free future.
Unless otherwise stated, figures are as of December 31, 2025
Watch: Why PMI is focused on a smoke-free future
Hear from PMI leaders about how our business is evolving and the role smoke-free products play in delivering a smoke-free future.
Music starts.
words appear on screen reading:
We built the world's most successful cigarette company
But now we've committed to stop selling cigarettes for good.
Jacek Olczak, Group CEO, PMI, speaks to camera:
The evidence is clear.
Smoke-free alternatives can accelerate the end of smoking.
Words appear on screen reading:
That's why we have a range of products that give
adult smokers better alternatives to cigarettes.
Voiceover of Stacey Kennedy, CEO PMI U.S., is heard:
We are building our company's future
around better alternatives to smoking.
Words appear on screen reading:
The proof?
Over 43 million adults are now using our range of smoke-free products
Source: PMI Q4 and Full Year 2025 earnings.
in 109 markets across the globe.
Source: PMI Q2 2026 earnings.
Scott Coutts, Chief Global Operations Officer, Philip Morris International, speaks to camera:
When we say, we want to do something,
we can change the industry as we're doing today.
Serge Maeder, Global Head Product Science SFP, Philip Morris International, speaks to camera:
We have a chance in the next 10 years
to go full smoke-free products in PMI.
Words appear on screen:
By 2030, we aim to have more than
2/3rds of our global net revenues come from our smoke-free business.
We are currently at 42%.
Source: As of Q2 2026.
Jacek Olczak, Group CEO, PMI, speaks to camera:
The world has to move now to help smokers
to move to the better alternative.
Words appear on screen:
All our smoke-free products are backed by science.
Stefano Volpetti, Chief Global Growth Officer, Philip Morris International, speaks to camera:
We are sitting on something that can change
the trajectory of public health.
Words appear on screen:
In 2020, the FDA authorized the marketing of our leading
heated tobacco brand as a modified risk tobacco product.
Words appear on screen: Smoke-free products are not risk-free and contain nicotine, which is addictive.
And in 2025 the FDA authorized our Number 1 nicotine pouch brand,
making it the 1st of its kind to be authorized.
Moira Gilchrist, Chief Global Communications Officer, Philip Morris International, speaks:
The science never stops, the investigation never stops
and we're determined to provide the evidence
that will convince regulators not just FDA.
Stefano Volpetti speaks to camera:
We're going to get there faster
if society, health regulators help us,
because we have a responsibility
to consumers out there to provide them
with better alternatives.
Jacek Olczak speaks:
We can be saying,
remember when people smoked.
It's time to make smoking history.
Philip Morris International's logo appears on screen.
Music ends
Discover how PMI operates
Explore our purpose, business transformation, and the principles that guide how we operate and create long-term value.
Our commitment to a smoke-free future
-
Our purpose in action
Read our statement of purpose -
Delivering a smoke-free future
Learn about our business -
Our views and standards
See the principles that guide our business
Our people and culture
Explore our culture, commitment to equal pay and the people driving progress through Voices of Change.
PMI today is an entirely different company to the one I joined. Our products, people, and purpose have evolved.
Jacek Olczak
Group CEO of PMI
