A combination lighter and cigar-splitter device can include an aperture extending through a portion of the lighter body. A cutting blade can be positioned within the aperture, or proximate to the aperture in the case of an adjustable cutting blade. For example, the cutting blade can be retractable such that when the cutting blade is fully retracted, no portion of the cutting blade is exposed within the aperture. The cutting blade can also be adjustable to one of a plurality of positions to accommodate different diameter cigars.