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Koninklijke Philips NV (PHG) earnings and revenue breakdown

Latest: Q2 2026 · 6-K filed Jul 28, 2026 · Koninklijke Philips NV (PHG) Q2 2026 earnings results →

Q2 2026 Revenue up 0% year over year to $4.4B · 9¢ of every $1 of revenue kept as net profit · operating margin 14.0%

Koninklijke Philips NV made $4.4B in Q2 2026 (+0.5% Y/Y): Mature geographies $3.1B, Growth geographies $1.3B. Operating margin 14.0%, net earnings $384M. See where every dollar goes — costs, profit and cash — as a Sankey from the 6-K filed Jul 28, 2026.

Revenue$4.4B

Year over year+0.5%

Operating margin14.0%

Net earnings$384M

Operating cash flow$376M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was €4.4B in Q2 2026, up 1% year over year and up 12% from the previous quarter. North America was the largest line at 42% of revenue. Growth geographies added €0.11B year over year (up 9%), 500% of the total change. Other mature geographies declined 9%.

Gross margin was 49.3%, up 3.0 points from a year earlier. Operating profit was €0.61B, a 14.0% margin (up 4.7 points year over year). Of the extra revenue versus a year earlier, 950% reached operating profit, above the 9% margin then. Operating expenses fell 4% while revenue rose 1%. Net earnings were €0.38B, up 60% year over year. The effective tax rate was 29.3%.

Operating cash flow was €0.38B (down 3% year over year), 97% of net earnings.

Quarterly history

Quarter	Form	Filed	Revenue	Y/Y	Op. margin	Net earnings	Op. cash flow
Q2 2026	6-K	Jul 28, 2026	$4.4B	+0.5%	14.0%	$384M	$376M
Q1 2026	6-K	May 6, 2026	$3.9B	—	6.2%	$151M	$188M