Filing Flows › Koninklijke Philips NV (PHG) › Q2 2026 › vs Q2 2025
Koninklijke Philips NV (PHG) Q2 2026 vs Q2 2025 (year over year)
Koninklijke Philips NV's revenue rose $22.0M (+0.5%) from $4.3B in Q2 2025 to $4.4B in Q2 2026. The biggest changes: Growth geographies +$110M (+9%); Mature geographies −$88.0M (-3%). Gross margin 49.3% against 46.4% (+3.0 pts).
Koninklijke Philips NV, Q2 2026: revenue $4.4B (+0.5% year over year), operating margin 14.0%, net earnings $384M, operating cash flow $376M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 49.3% | 46.4% | +3.0 pts |
| Operating margin | 14.0% | 9.2% | +4.7 pts |
| Net margin | 8.8% | 5.5% | +3.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| North America | $1.8B | $1.9B | −$29.0M | -2% |
| Western Europe | $901M | $926M | −$25.0M | -3% |
| Other mature geographies | $333M | $367M | −$34.0M | -9% |
| Mature geographies | $3.1B | $3.2B | −$88.0M | -3% |
| Growth geographies | $1.3B | $1.2B | $110M | +9% |
| Revenue | $4.4B | $4.3B | $22.0M | +0.5% |
| Gross profit | $2.1B | $2.0B | $139M | +7% |
| Cost of revenue | $2.2B | $2.3B | −$117M | -5% |
| Operating profit | $609M | $400M | $209M | +52% |
| Operating expenses | $1.5B | $1.6B | −$70.0M | -4% |
| Pre-tax earnings | $546M | $335M | $211M | +63% |
| Other expense, net | $63.0M | $65.0M | −$2.0M | -3% |
| Net earnings | $384M | $240M | $144M | +60% |
| Minority interests | $2.0M | $0 | $2.0M | — |
| Income tax | $160M | $95.0M | $65.0M | +68% |
| Working capital & other | $8.0M | −$147M | $155M | — |
| Operating cash flow | $376M | $387M | −$11.0M | -3% |
Questions
How much did Koninklijke Philips NV's revenue grow year over year in Q2 2026?
Koninklijke Philips NV's revenue rose $22.0M (+0.5%) from $4.3B in Q2 2025 to $4.4B in Q2 2026.
What drove Koninklijke Philips NV's revenue change in Q2 2026?
Growth geographies +$110M (+9%); Mature geographies −$88.0M (-3%).