NYSE$MO
Altria Group Inc · Q2 2026 earnings
Q2 2026 earnings · · Before market open · Investor relations
Briefing
Altria Group Inc reported its Q2 2026 earnings on July 30, 2026.
Altria reported net revenues of $6.1 billion for the second quarter of 2026, essentially unchanged from the prior year. Reported diluted EPS was $1.37, while adjusted diluted EPS rose 2.8% to $1.48. The company narrowed its full-year 2026 adjusted diluted EPS guidance to a range of $5.61 to $5.72.
- Net revenues held steady at $6.1 billion while revenues net of excise taxes rose 1.2% to $5.4 billion.
- Adjusted diluted EPS increased 2.8% to $1.48, driven by higher adjusted OCI and fewer shares outstanding.
- Marlboro retail share of the total cigarette category was 39.5%, down 1.5 share points year-over-year.
- Full-year 2026 adjusted diluted EPS guidance narrowed to $5.61-$5.72, representing 3.5%-5.5% growth from 2025.
Headline financials
Revenue & EPS history
Altria · Revenue · Quarterly
$6.11B
Revenue by segment
Altria · $6.11B total across 2 segments · Q2 2026
- Smokeable Products$5.39B—88.3%
- Oral Tobacco Products$713M—11.7%
Forward guidance
Narrowed 2026 full-year adjusted diluted EPS guidance to $5.61-$5.72, representing 3.5% to 5.5% growth from $5.42 in 2025.
Tailwinds
- Greater benefit expected from cigarette import and export activity in the second half.
- Steady execution of smoke-free portfolio initiatives including on! PLUS expansion.
Headwinds
- Moderated e-vapor industry growth impacting volumes.
- Increased macroeconomic uncertainty facing adult nicotine consumers.
- Higher capital expenditures of $375-$450 million due to USSTC facilities consolidation.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
-0.3%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+0.7%
Avg return
30 days after
47%
34 / 72 earnings
Positive
+6.7%
Q3 2024
Best reaction
-8.2%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | +2.9% | +6.7% | +2.1% | |
| Q4 2025 | -5.2% | +1.6% | +9.4% | |
| Q3 2025 | -7.8% | -7.5% | -4.8% | |
| Q2 2025 | +3.6% | +4.3% | +13.2% | |
| Q1 2025 | +1.0% | +2.4% | +2.2% | |
| Q4 2024 | -2.1% | -0.1% | +6.1% | |
| Q3 2024 | +6.7% | +7.3% | +14.3% | |
| Q2 2024 | -1.0% | -2.4% | +6.4% | |
| Q1 2024 | +1.1% | +2.1% | +6.0% | |
| Q4 2023 | +3.1% | +1.2% | +1.8% | |
| Q3 2023 | -8.2% | -6.2% | -3.2% | |
| Q2 2023 | -1.9% | -3.1% | -2.6% | |
| Q1 2023 | +1.8% | +1.0% | -4.5% | |
| Q4 2022 | +4.3% | +4.3% | +3.3% | |
| Q3 2022 | +0.0% | -0.4% | -3.4% | |
| Q2 2022 | -0.5% | -0.5% | +4.1% | |
| Q1 2022 | +1.2% | +0.9% | -0.9% | |
| Q4 2021 | +2.0% | +2.4% | +4.1% | |
| Q3 2021 | -7.1% | -7.1% | -7.9% | |
| Q2 2021 | +0.9% | +0.4% | +4.0% | |
| Q1 2021 | +1.2% | +1.4% | +4.3% | |
| Q4 2020 | -1.8% | -0.6% | +4.3% | |
| Q3 2020 | -1.1% | +3.3% | +9.5% | |
| Q2 2020 | -1.2% | -2.3% | +3.8% | |
| Q1 2020 | -6.3% | -9.1% | -3.5% | |
| Q4 2019 | -5.1% | -7.2% | -19.4% | |
| Q3 2019 | -2.0% | +0.6% | +8.1% | |
| Q2 2019 | -6.4% | -4.7% | -12.0% | |
| Q1 2019 | -3.5% | -0.7% | -4.2% | |
| Q4 2018 | +2.9% | +2.6% | +10.4% | |
| Q3 2018 | +1.3% | +5.7% | -13.8% | |
| Q2 2018 | +0.1% | +1.4% | +1.6% | |
| Q1 2018 | +0.5% | +0.3% | -0.4% | |
| Q4 2017 | -1.3% | -5.4% | -11.1% | |
| Q3 2017 | +1.8% | +0.7% | +2.6% | |
| Q2 2017 | -6.7% | -8.7% | -10.7% | |
| Q1 2017 | -0.8% | +0.2% | +6.5% | |
| Q4 2016 | +0.4% | +0.2% | +6.2% | |
| Q3 2016 | +2.1% | +1.5% | -0.1% | |
| Q2 2016 | -1.2% | -0.4% | -3.1% | |
| Q1 2016 | +1.9% | — | — | |
| Q4 2015 | +3.6% | — | — | |
| Q3 2015 | -1.6% | — | — | |
| Q2 2015 | -1.9% | — | — | |
| Q1 2015 | -0.1% | — | — | |
| Q4 2014 | -1.1% | — | — | |
| Q3 2014 | +1.6% | — | — | |
| Q1 2014 | +2.1% | — | — | |
| Q4 2013 | -3.3% | — | — | |
| Q3 2013 | -0.4% | — | — | |
| Q2 2013 | -3.6% | — | — | |
| Q1 2013 | +1.5% | — | — | |
| Q4 2012 | +1.5% | — | — | |
| Q3 2012 | -1.2% | — | — | |
| Q2 2012 | -0.3% | — | — | |
| Q1 2012 | -0.2% | — | — | |
| Q4 2011 | +1.4% | — | — | |
| Q3 2011 | +1.1% | — | — | |
| Q2 2011 | +0.7% | — | — | |
| Q1 2011 | -0.5% | — | — | |
| Q4 2007 | +2.7% | — | — | |
| Q4 2010 | +2.7% | — | — | |
| Q3 2010 | +1.2% | — | — | |
| Q2 2010 | -1.4% | — | — | |
| Q1 2009 | +1.2% | — | — | |
| Q1 2010 | +0.9% | — | — | |
| Q4 2009 | +2.2% | — | — | |
| Q3 2008 | -0.5% | — | — | |
| Q3 2009 | -0.5% | — | — | |
| Q2 2008 | -0.7% | — | — | |
| Q2 2009 | -0.7% | — | — | |
| Q4 2008 | -0.7% | — | — |
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