Filing Flows › Koninklijke Philips NV (PHG) › Q2 2026
Koninklijke Philips NV (PHG) Q2 2026 earnings results (second quarter 2026)
6-K filed Jul 28, 2026
Koninklijke Philips NV (PHG) reported revenue of $4.4B for the second quarter 2026 (Q2 2026), +0.5% from a year earlier and +12% from the quarter before. Operating margin was 14.0%, net earnings $384M (8.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4B | +12% | +0.5% |
| Gross profit | $2.1B | +22% | +7% |
| Operating profit | $609M | +153% | +52% |
| Net earnings | $384M | +154% | +60% |
| Operating cash flow | $376M | +100% | -3% |
What changed
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.
Questions
What was Koninklijke Philips NV's revenue in the second quarter 2026?
Koninklijke Philips NV (PHG) reported revenue of $4.4B for the second quarter 2026 (Q2 2026), +0.5% from a year earlier and +12% from the quarter before.
Was Koninklijke Philips NV profitable in the second quarter 2026?
Operating profit was $609M (14.0% of revenue) and net earnings $384M.