Financial results

Imperial Brands has seen a double-digit surge in next-generation product (NGP) revenue this year, driven by strong oral segment performance in the US and Europe, fuelling a positive annual report…

US-based 22nd Century Group reported a positive performance for the third quarter of 2025, highlighting expanded market access for its VLN and Partner VLN product launches…

An increase of more than 627% in nicotine pouch sales has contributed to a significantly better than expected third quarter for Turning Point Brands…

Japan Tobacco International delivered good results for the year to date, driven by share gains, particularly in Japan, where the new Ploom Aura and Evo premium sticks were launched…

Altria advanced its smoke-free portfolio in the third quarter of 2025 with the US launch of its new On! Plus nicotine pouch and regulatory progress for its Ploom heated tobacco product…

Heated tobacco in Japan and nicotine pouches in the US were among the success stories highlighted by Philip Morris International (PMI) in announcing its latest financial results…

The modern oral segment took centre stage in Big Tobacco’s second-quarter earnings, driving growth for several companies despite broader declines in traditional categories…

Haypp Group, an e-commerce player specialising in nicotine pouches and snus, closed the first half of the year with growing performance driven by the nicotine pouch segment…

Japan Tobacco International reported a solid performance in the first half of 2025, boosted by the ongoing growth of its heated tobacco segment as well as the contribution of Vector Group, acquired last year…

British American Tobacco reported a slight decrease in its revenue for the first half of 2025, offset by strong growth in the modern oral segment. Velo Plus contributed to growth momentum, particularly in the US…

Altria reported a mixed first half of 2025, with overall declines tempered by the strong performance of its oral tobacco products segment – a substantial driver of growth in the second quarter…

Philip Morris International reported a positive performance in the second quarter of the year, driven by a reacceleration of its heated tobacco device, Iqos, and the US offtake growth of its nicotine pouch brand, Zyn…

UK consumer goods company Supreme recorded a solid performance in its vaping division, and plans to invest £0.4m to establish nicotine pouch manufacturing in the country…

The fourth and final part of our series looks at the impressive growth trajectory of nicotine pouches, the power of brand‑building and the regulatory risks facing the modern oral nicotine category…

In part three of a four-part series, we see how Philip Morris International’s competitors are working hard to catch up in the heated tobacco market and examine Big Tobacco’s strategies for next-generation products…

In part two of a four-part series, we look at the role vaping plays in tobacco companies’ quest to transform themselves into smoke-free businesses, with one company standing out in the category…

US-based 22nd Century Group has secured new opportunities to drive volume across its VLN brand very-low-nicotine cigarette products and is launching two partner-branded products…

Japan Tobacco International (JTI) announced it has discontinued sales of the Ploom X Advanced heated tobacco device, effective from mid-May 2025 until stocks are sold out…

Nicotine pouch sales continue to climb for Turning Point Brands, which reports sales for its modern oral category (which includes pouches and most snuff) reached $22.3m for the first quarter of 2025…

Japan Tobacco International reported strong performance in the first quarter of 2025 and plans to launch a new Ploom device on 27th May in Japan…

Altria reported some declines in the first quarter of 2025, but its oral tobacco products segment maintained momentum in a competitive marketplace…

Philip Morris International saw a positive start to the year, fuelled by the strong volume momentum of Zyn pouches and Iqos heated tobacco devices, despite the annualisation impact of the EU characterising flavour ban…

Turning Point Brands has announced it made $11.2m in nicotine pouch sales in the fourth quarter of 2024, with the oral segment (which includes moist snuff) representing over 50% of total net sales last year…

Haypp Group, an e-commerce player specialising in nicotine pouches and snus, reported strong performance in 2024, with triple-digit growth in nicotine pouch volume in the UK…

Japan Tobacco International (JTI) has reported its full-year and fourth-quarter financial results for 2024, highlighting steady progress toward its 2028 reduced-risk product (RRP) ambitions…

British American Tobacco (BAT) reported a drop in its heated tobacco category in 2024, partially offset by significant growth in the modern oral segment – particularly in the US…

Philip Morris International (PMI) achieved positive results in 2024, driven by the expansion of its nicotine pouch brand Zyn as 2023’s demand acceleration continued alongside Iqos growth momentum…

Altria released its fourth-quarter and full-year financial results today, highlighting significant growth in its oral tobacco segment and strategic steps forward in the heated tobacco market, despite ongoing challenges…

Imperial Brands has announced 2024 full-year earnings, underscoring its strong performance in next-generation products driven by heated tobacco and modern oral nicotine innovations…

Three key players in the tobacco alternatives market have reported strong results in their most recent quarters, largely driven by performance in next-generation products as consumer demand is on the rise…

Altria’s third-quarter results showcased significant growth in its oral tobacco products and a strategic focus on expanding reduced-risk offerings…

Japan Tobacco Group (JT) delivered a standout third quarter, fuelled by surging demand in its tobacco and heated products sectors and a significant global expansion…

November will mark ten years since Iqos was launched in Japan. And as the third-quarter results of Philip Morris International show, the last ten years have been quite the story in the product’s global brand-building…

Philip Morris International (PMI) highlighted the performance of its smoke-free products during its third-quarter results presentation, with the category growing to reach 38% of the company’s total net revenue…

Imperial Brands reported trading in line with expectations, driven by robust growth in its tobacco segment and next generation products, as it prepares to give its full-year results in November…

Japan Tobacco International reports it delivered a robust performance in the first half of the year, continuing its investment to expand its presence in the heated tobacco segment, with Ploom now available in 21 markets…

Oral tobacco continued to significantly contribute to Altria’s numbers in the first half of the year, with encouraging results from its On! nicotine pouch brand and positive On! Plus growth prospects…

British American Tobacco reported a drop in first-half revenue, offset by the continued growth of new categories. BAT expects new-category revenue to be weighted in the second half of 2024, driven by phased launches…

Philip Morris International recorded an outstanding second-quarter and first-half performance, with strong contributions from Iqos and Zyn – despite supply constraints and the EU flavour ban…

Tobacco giant Altria has submitted premarket tobacco product applications (PMTAs) to the US Food and Drug Administration (FDA) for its On! Plus oral nicotine pouch products…

Philip Morris International halted online sales of its Zyn nicotine pouches in the US after receiving a subpoena from the District of Columbia attorney general requesting information about sales of flavoured Zyn pouches in DC…

Imperial Brands delivered a solid performance for the first half of the year ended 31st March 2024, boosted by scaling up its existing footprint and stepping up innovation across all next-generation product categories…

Japan Tobacco International (JTI) delivered a robust performance in the first quarter of 2024, partly thanks to a double-digit increase in reduced-risk product revenue – driven mainly by the heated tobacco sticks segment…

Oral tobacco continues to make a significant contribution to Altria’s numbers, as the company reported its results for the first quarter of 2024 with encouraging earnings from its On! nicotine pouch brand…

PMI continued reporting its smoke-free momentum in the first quarter of 2024, announcing 25% organic growth in net revenues and 38% in gross profit – with strong contributions from Iqos and Zyn…

US-based 22nd Century highlights expansion of its VLN cigarettes distribution and retail network and the sale of its hemp/cannabis business in its 2023 full-year results…

Nicotine pouches seemed to be the universal positive for Big Tobacco in 2023, with oral tobacco categories making increasingly important contributions to all the companies involved in that area…

South Korean tobacco company KT&G reported a positive performance in its next-generation product (NGP) business over the course of 2023, despite what it called “intensified competition”…

Philip Morris International (PMI) delivered a positive performance last year, with smoke-free products reaching almost 40% of the company’s total net revenues as well as gross profit…

British American Tobacco (BAT) saw its new category products achieve profitability two years ahead of schedule supported by rapid growth in its Velo nicotine pouch…