PMI Brazil President Touts Transformation as Q2 2026 Revenue Tops $11B

Philip Morris International reported Q2 2026 net revenue above $11 billion, up 10.4% year-over-year, with adjusted EPS up 15.2%, driven by smoke-free products now sold in 109 markets and accounting for nearly half of net revenue. The new Brazil president sees significant growth opportunity, signaling continued strategic focus on reduced-risk products. This confirms PMI's successful pivot but is a routine corporate earnings update with no major market-moving implications.