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Koninklijke Philips NV vs GE HealthCare Technologies: PHG and GEHC compared
Koninklijke Philips NV is the larger company: $17.8B of revenue in its latest quarter (FY2025) against $5.5B for GE HealthCare Technologies (Q3 2026). GE HealthCare Technologies is growing faster (+7% against -1% a year earlier). GE HealthCare Technologies is more profitable, with an operating margin of 14.6% against 8.0%.
Where the money goes: PHG and GEHC
Koninklijke Philips NV (PHG) · FY2025
Koninklijke Philips NV, FY2025: revenue $17.8B (-1% year over year), operating margin 8.0%, net earnings $897M. The chart follows the revenue to costs, profit and cash.
GE HealthCare Technologies (GEHC) · Q3 2026
GE HealthCare Technologies, Q3 2026: revenue $5.5B (+7% year over year), operating margin 14.6%, net earnings $615M, operating cash flow $907M. The chart follows the revenue to costs, profit and cash.
| Koninklijke Philips NV (PHG) | GE HealthCare Technologies (GEHC) | |
|---|---|---|
| Latest quarter | FY2025 | Q3 2026 |
| Revenue | $17.8B | $5.5B |
| Revenue growth, Y/Y | -1% | +7% |
| Gross margin | 45.2% | 40.3% |
| Operating margin | 8.0% | 14.6% |
| Net earnings | $897M | $615M |
| Net margin | 5.0% | 11.2% |
| Operating cash flow | — | $907M |
| Free cash flow | — | $793M |
| Market value | $29.2B | $37.9B |
| P/E | 32.5× | 17.7× |
| Analysts’ mean target | $33.58 | $87.85 |
Where the revenue comes from
GE HealthCare Technologies
- Product: $3.6B (65%)
- Service: $1.9B (35%)
Questions
Which is bigger, Koninklijke Philips NV or GE HealthCare Technologies?
Koninklijke Philips NV is the larger company: $17.8B of revenue in its latest quarter (FY2025) against $5.5B for GE HealthCare Technologies (Q3 2026).
Is Koninklijke Philips NV or GE HealthCare Technologies growing faster?
GE HealthCare Technologies is growing faster (+7% against -1% a year earlier).
Which is more profitable, Koninklijke Philips NV or GE HealthCare Technologies?
GE HealthCare Technologies is more profitable, with an operating margin of 14.6% against 8.0%.
More: Koninklijke Philips NV earnings · how Koninklijke Philips NV makes money · GE HealthCare Technologies earnings · how GE HealthCare Technologies makes money
From the companies' latest 10-Q, 10-K or earnings release (20-F filed Feb 19, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.