Citable segment mix
PM's latest SEC segment disclosure for revenue by product shows Combustible Tobacco Products as the largest listed segment at $6.55B (58.5% of disclosed segment revenue).
| Segment | Period | Revenue | Mix |
|---|---|---|---|
| Combustible Tobacco Products | Jun 30, 2026 | $6.55B | 58.5% |
| Smoke-Free Products | Jun 30, 2026 | $4.64B | 41.5% |
Source: SEC EDGAR segment disclosures; period Jun 30, 2026.
PM company research is free during early access. All you need is an account, with no card required. The five showcase tickers (TSLA, NVDA, AAPL, AMZN, PLTR) and the macro dashboard stay open without one.
Continue research
Follow same-sector companies and source explainers connected to the segments view.
A factual guide to revenue segment disclosures and how Aerarium Research uses them to make company business mix easier to inspect.
A factual guide to seasonal revenue patterns and comparable (same-store) sales — why year-over-year comparisons matter and what comp sales strip out.
A factual guide to deferred revenue, cash collected before revenue is earned, and why the liability can matter for recurring businesses.
A factual guide to quarterly SEC Form 10-Q reports, how they differ from annual 10-K filings, and what readers can inspect first.