Altria Group Reports Flat Revenue and Lower Profit in Second Quarter

By the Editorial Team · Friday, July 31, 2026

Altria Group reported flat revenue of approximately $6.11 billion and a decrease in net profit to $2.3 billion for the second quarter, driven by weaker nicotine pouch sales offset by higher cigarette revenues. The company lowered its full-year adjusted earnings per share outlook, reflecting ongoing challenges in its product mix despite stable overall revenue.

Altria Group reported nearly unchanged revenue and a decline in net profit for the second quarter, as weaker sales of nicotine pouches partly offset gains in its cigarette business. The tobacco company posted net income of $2.3 billion, or $1.37 per share, down from $2.38 billion, or $1.41 per share, in the same period last year.

Excluding certain one-time items, adjusted earnings per share came to $1.48, slightly below analysts’ expectations of $1.50, according to FactSet data. Revenue totaled approximately $6.11 billion, broadly in line with forecasts, which had been set at $5.35 billion by analysts surveyed by FactSet.

Altria also narrowed its full-year guidance for adjusted earnings per share, now projecting a range between $5.61 and $5.72, compared with an earlier forecast of $5.56 to $5.72.

The company’s performance this quarter reflects a mixed environment for its product segments, where declines in newer nicotine pouch offerings were partially balanced by growth in traditional cigarette sales.

This article was reported by synthesizing coverage from multiple independent news outlets to present a balanced, unbiased account. Read about our editorial standards. Spotted an error? Let us know.