Koninklijke Philips (PHG) Operating Expenses (2009 - 2026)

Koninklijke Philips' (PHG) quarterly Operating Expenses came in at -$668.5 million in Q1 2026, down 2.84% year-on-year from -$688.0 million in Q1 2025, and up 75.33% quarter-over-quarter from -$2.7 billion in Q4 2025.

Koninklijke Philips (PHG) Operating Expenses (2009 - 2026) Analysis & Trends

Koninklijke Philips' Operating Expenses history runs 18 years deep, the most recent figure standing at -$668.5 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 2.84% year-over-year to -$668.5 million in Q1 2026; TTM through Mar 2026 was -$5.9 billion, a 43.97% decrease from a year earlier, with the FY2025 full-year figure at $2.7 billion, up 8.89% from the prior year.
  • Operating Expenses improved to -$668.5 million in Q1 2026 per PHG's latest filing, from -$2.7 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at -$455.2 million in Q1 2024 and bottomed at -$2.7 billion in Q4 2025.
  • The 5-year median for Operating Expenses is -$668.5 million (2026), against an average of -$1.1 billion.
  • Across the five-year window, Operating Expenses surged 81.28% in 2023 and slumped 415.17% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at -$2.6 billion in 2022, then jumped by 81.28% to -$483.1 million in 2023, then slumped by 415.17% to -$2.5 billion in 2024, then fell by 8.89% to -$2.7 billion in 2025, then soared by 75.33% to -$668.5 million in 2026.
  • Per Business Quant, the three latest PHG Operating Expenses figures stand at -$668.5 million (Q1 2026), -$2.7 billion (Q4 2025), and -$1.7 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 380.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -668.50 Mn
Dec 31, 2025 -2.71 Bn
Sep 30, 2025 -1.67 Bn
Jun 30, 2025 -812.75 Mn
Mar 31, 2025 -650.06 Mn
Dec 31, 2024 -2.49 Bn
Sep 30, 2024 -474.43 Mn
Jun 30, 2024 -456.60 Mn
Mar 31, 2024 -455.19 Mn
Dec 31, 2023 -483.10 Mn
Sep 30, 2023 -484.42 Mn
Jun 30, 2023 -509.62 Mn
Mar 31, 2023 -566.72 Mn
Dec 31, 2022 -2.58 Bn
Sep 30, 2022 -2.44 Bn
Jun 30, 2022 -674.38 Mn
Mar 31, 2022 -729.52 Mn
Dec 31, 2021 -1.25 Bn
Sep 30, 2021 -726.44 Mn
Jun 30, 2021 -1.45 Bn