The seller of Marlboro and other brands overseas sold fewer cigarettes because of higher prices and the weak global economy.
The company says it earned $1.79 billion, or 93 cents per share, in the three months that ended in September.
Revenue excluding tobacco taxes fell 5.3 percent to $6.58 billion.
Analysts expected profit of 89 cents per share on revenue of $6.71 billion.
Philip Morris International is the world's second-biggest cigarette maker after the state-controlled China National Tobacco Corp.
A service of YellowBrix, Inc.