PHG on NYSE

Koninklijke Philips NV

Logo: Koninklijke Philips N.V., Public domain, via Wikimedia Commons4

Dutch multinational technology company

Koninklijke Philips N.V., commonly known as Philips, is a Dutch multinational health technology company and former major consumer electronics manufacturer. The company was founded in Eindhoven in 1891 by Gerard Philips and his father Frederik Philips to manufacture incandescent light bulbs.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

17.8BRevenue, fiscal 20255
897.0MNet income, fiscal 20255
May 15, 1891Founded1

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  • TickerPHG on NYSE1
  • Industryconsumer electronics industry, electrical industry, electronics industry1
  • HeadquartersAmsterdam1
  • Founded inEindhoven1
  • Websitephilips.com
  • Legal formnaamloze vennootschap, public company1
  • Listed onAmsterdam Stock Exchange (PHIA), New York Stock Exchange (PHG)1
  • Incorporated inNetherlands6
  • Business addressPrinses Irenestraat 59, Amsterdam, 1077Wv6
  • Filer categoryLarge accelerated filer6

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Siege Philips Amsterdam
Photo: Philips, Public domain, via Wikimedia Commons7

Koninklijke Philips N.V., commonly known as Philips, is a Dutch multinational health technology company and former major consumer electronics manufacturer. The company was founded in Eindhoven in 1891 by Gerard Philips and his father Frederik Philips to manufacture incandescent light bulbs. In October 1997, Philips decided to move its corporate headquarters from Eindhoven to Amsterdam, with the relocation beginning the following year. The company's headquarters remain in Amsterdam. Philips was awarded the Dutch Royal designation by Queen Wilhelmina in 1916; Koninklijke became part of the company name in 1998.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in EUR, the currency the company reports in.

Key numbers, fiscal 2025

45.2%Gross margin5
8.0%Operating margin5
5.0%Net margin5
-1.0%Revenue growth, 20255
8.2%Return on equity5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Diagnosis & Treatment brought in 48% of the revenue Koninklijke Philips NV broke down this way in fiscal 2025.

  1. Diagnosis & Treatment8.5B EUR548%down 3% from 2024
  2. Connected Care5.1B EUR528%down 1% from 2024
  3. Personal Health3.7B EUR521%up 5% from 2024
  4. Other554.0M EUR53%down 9% from 2024
Business segments by year
Business segments202320242025
Diagnosis & Treatment8.8B EUR8.8B EUR8.5B EUR
Connected Care5.1B EUR5.1B EUR5.1B EUR
Personal Health3.6B EUR3.5B EUR3.7B EUR
Other604.0M EUR611.0M EUR554.0M EUR

Regions

North America brought in 26% of the revenue Koninklijke Philips NV broke down this way in fiscal 2025.

  1. North America7.5B EUR526%down 1% from 2024
  2. Other Countries5.4B EUR519%down 3% from 2024
  3. Growth Geographies [member]4.9B EUR517%up 1% from 2024
  4. Western Europe3.9B EUR514%down 1% from 2024
  5. Netherlands2.5B EUR59%up 2% from 2024
  6. Other Mature Geographies [member]1.5B EUR55%down 5% from 2024
  7. China1.2B EUR54%up 4% from 2024
  8. Japan883.0M EUR53%down 0% from 2024
  9. Germany652.0M EUR52%down 0% from 2024
Regions by year
Regions202320242025
North America7.6B EUR7.7B EUR7.5B EUR
Other Countries5.7B EUR5.6B EUR5.4B EUR
Growth Geographies [member]5.2B EUR4.9B EUR4.9B EUR
Western Europe3.8B EUR4.0B EUR3.9B EUR
Netherlands2.4B EUR2.5B EUR2.5B EUR
Other Mature Geographies [member]1.6B EUR1.5B EUR1.5B EUR
China1.4B EUR1.2B EUR1.2B EUR
Japan941.0M EUR886.0M EUR883.0M EUR
Germany573.0M EUR653.0M EUR652.0M EUR

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs95¢16.9B EUR
  • Profit5¢897.0M EUR

Out of 17.8B EUR in revenue.5

Financial statements

Revenue89101112517.8B EUR in 2025−2% since 2018
05.0B EUR10.0B EUR15.0B EUR20.0B EUR2018: 18.1B EUR18.1B EUR20182019: 17.1B EUR17.1B EUR2019−5%2020: 17.3B EUR17.3B EUR2020+1%2021: 17.2B EUR17.2B EUR2021−1%2022: 17.8B EUR17.8B EUR2022+4%2023: 18.2B EUR18.2B EUR2023+2%2024: 18.0B EUR18.0B EUR2024−1%2025: 17.8B EUR17.8B EUR2025−1%
Gross profit8910111258.1B EUR in 2025−6% since 2018
02.5B EUR5.0B EUR7.5B EUR10.0B EUR2018: 8.6B EUR8.6B EUR20182019: 7.9B EUR7.9B EUR2019−8%2020: 7.8B EUR7.8B EUR2020−1%2021: 7.2B EUR7.2B EUR2021−8%2022: 7.2B EUR7.2B EUR2022+0%2023: 7.4B EUR7.4B EUR2023+4%2024: 7.8B EUR7.8B EUR2024+4%2025: 8.1B EUR8.1B EUR2025+4%
Operating income8910111251.4B EUR in 2025−17% since 2018
-2.0B EUR-1.0B EUR01.0B EUR2.0B EUR2018: 1.7B EUR1.7B EUR20182019: 1.4B EUR1.4B EUR2019−21%2020: 1.3B EUR1.3B EUR2020−7%2021: 553.0M EUR553.0M EUR2021−56%2022: -1.5B EUR-1.5B EUR20222023: -115.0M EUR-115.0M EUR2023−92%2024: 529.0M EUR529.0M EUR20242025: 1.4B EUR1.4B EUR2025+169%
Net income891011125897.0M EUR in 2025−18% since 2018
-2.0B EUR02.0B EUR4.0B EUR2018: 1.1B EUR1.1B EUR20182019: 1.2B EUR1.2B EUR2019+7%2020: 1.2B EUR1.2B EUR2020+2%2021: 3.3B EUR3.3B EUR2021+178%2022: -1.6B EUR-1.6B EUR20222023: -463.0M EUR-463.0M EUR2023−71%2024: -698.0M EUR-698.0M EUR2024+51%2025: 897.0M EUR897.0M EUR2025

Every line of the income statement in the latest annual report, as filed.5

Period ending2025-12-312024-12-312023-12-31
Sales17.8B EUR18.0B EUR18.2B EUR
Cost of sales-9.8B EUR-10.2B EUR-10.7B EUR
Gross margin8.1B EUR7.8B EUR7.4B EUR
Selling expenses-4.3B EUR-4.5B EUR-4.5B EUR
General and administrative expenses-628.0M EUR-582.0M EUR-608.0M EUR
Research and development expenses-1.7B EUR-1.7B EUR-1.9B EUR
Other business income87.0M EUR590.0M EUR112.0M EUR
Other business expenses-51.0M EUR-1.0B EUR-652.0M EUR
Income from operations1.4B EUR529.0M EUR-115.0M EUR
Financial income113.0M EUR105.0M EUR63.0M EUR
Financial expenses-346.0M EUR-387.0M EUR-376.0M EUR
Results of associates-9.0M EUR-124.0M EUR-98.0M EUR
Income before taxes1.2B EUR123.0M EUR-526.0M EUR
Income tax (expense) benefit-282.0M EUR-963.0M EUR73.0M EUR
Income from continuing operations901.0M EUR-840.0M EUR-454.0M EUR
Discontinued operations, net of income taxes-4.0M EUR142.0M EUR-10.0M EUR
Net income897.0M EUR-698.0M EUR-463.0M EUR
Net income attributable to shareholders of Koninklijke Philips N.V.895.0M EUR-702.0M EUR-466.0M EUR
Net income attributable to non-controlling interests1.0M EUR3.0M EUR2.0M EUR
Basic earnings (loss) per share from continuing operations (in EUR per share)0.95 EUR-0.90 EUR-0.48 EUR
Basic earnings (loss) per share (in EUR per share)0.94 EUR-0.75 EUR-0.49 EUR
Diluted earnings (loss) per share from continuing operations (in EUR per share)0.93 EUR-0.90 EUR-0.48 EUR
Diluted earnings (loss) per share (in EUR per share)0.93 EUR-0.75 EUR-0.49 EUR

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The story

Founded by Frederik Philips and Gerard Philips on May 15, 1891, in Eindhoven.1

Leadership

Who has led Koninklijke Philips NV, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Jan Timmer1990–1996
  2. Frans van Houten2011–2022
  3. Roy Jakobs2022–now
197019801990200020102020
Board members and other officers (1)

Products and brands

  • software

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

  • Algotec Systems, Ltd.
  • C.H.F. Müller
  • Concern Industrial Design Centre
  • Dordtse Metaalindustrie Johan de Witt
  • Magnavox
  • N.V. Philips Phonografische Industrie
  • Philips (Belgium)
  • Philips (Canada)
  • Philips (Finland)
  • Philips (France)
  • Philips (Germany)
  • Philips (Israel)
  • Philips (United States)
  • Philips Breda
  • Philips Consumer Lifestyle International B.V.
  • Philips Design
  • Philips Hasselt
  • Philips Interactive Media, Inc.
  • Philips Maarheeze
  • Philips Oss
  • Philips Philite-fabriek
  • Philips Weert
  • PolyGram
  • PolyGram Filmed Entertainment
All 27 subsidiaries
  • Saeco
  • Wisseloord Studios
  • Aristona since 1928

Divisions

  • Philips Consumer Lifestyle
  • Philips Healthcare
  • Philips Interactive Media Systems
  • Signify

Also owns

  • Digital Compact Cassette
  • Evoluon
  • LaserDisc
  • Maupoleum
  • Norelco
  • PHOHI
  • Philips Pavilion
  • Philips Polska
  • Respironics
  • Video Cassette Recording

From Wikidata.1

Acquisitions

  1. Sep 1950N.V. Philips Phonografische Industrie became a subsidiary1
  2. 1947Radiotechnique (Compelec) became a subsidiary1
  3. 1942PolyGram became a subsidiary1
  4. 1928Acquired Aristona1
  5. 1927Mullard became a subsidiary1
  6. 1927Valvo became a subsidiary1

Employees over time

  • 202081,5921
  • 201877,4001

Former names

  • KONINKLIJKE PHILIPS ELECTRONICS NVDec 21, 1998 to May 6, 20136
  • PHILIPS ELECTRONICS N VJan 14, 1994 to Aug 31, 19986

Timeline

  1. Oct 15, 2022New chief executive Roy Jakobs becomes CEO1
  2. Apr 1, 2011New chief executive Frans van Houten becomes CEO1
  3. Jan 2, 1990Went public Listed on NYSE1
  4. 1990New chief executive Jan Timmer becomes CEO1
  5. May 15, 1891Founded Founded in Eindhoven1

Recent filings

  1. Aug 21, 2026SCHEDULE 13D/A
  2. Jul 28, 20266-K
  3. Jun 2, 20266-K
  4. May 12, 2026SD
  5. May 8, 20266-K
  6. May 6, 20266-K
  7. Mar 30, 20266-K
  8. Mar 30, 20266-K
  9. Feb 19, 20266-K
  10. Feb 19, 202620-F
  11. Feb 10, 20266-K
  12. Feb 10, 20266-K
  13. Nov 4, 20256-K
  14. Jul 29, 20256-K
  15. Jun 5, 20256-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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