Philip Morris Posts $11.9B in Q2 Revenue, Up 10% Amid Zyn Nicotine Pouch Surge

According to Maeil Business Newspaper, Philip Morris International (PMI) reported second-quarter net revenue of $11.9 billion, up 10% year-over-year, with adjusted earnings per share of $2.20, exceeding Wall Street expectations.

The tobacco giant's stock has reached record highs, driven primarily by growth of its Zyn nicotine pouch—a small, discreet pouch placed between the gum and upper lip that delivers nicotine without smoke or visible use. The product has gained rapid adoption across sports and entertainment, including use by professional athletes during competition.