Koninklijke Philips (PHG) Tax Provisions (2009 - 2026)
Koninklijke Philips (PHG) recorded quarterly Tax Provisions of -$51.5 million in Q1 2026, down 115.69% quarter-over-quarter from $328.3 million in Q4 2025, and down 81.38% on a YoY basis from -$276.6 million in Q1 2025.
Koninklijke Philips (PHG) Tax Provisions (2009 - 2026) Analysis & Trends
Koninklijke Philips' Tax Provisions history runs 17 years deep, the most recent figure standing at -$51.5 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 81.38% year-over-year to -$51.5 million; the TTM figure through Mar 2026 stood at $67.5 million (down 94.35% YoY), while the FY2025 annual figure was $328.3 million, down 68.1% from the prior year.
- Tax Provisions was -$51.5 million for Q1 2026 at Koninklijke Philips, down from $328.3 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $1.0 billion in Q4 2024 to a low of -$371.5 million in Q2 2024.
- Historically, Tax Provisions has averaged $108.8 million across 5 years, with a median of $16.1 million in 2023.
- Biggest YoY gain for Tax Provisions was 1723.61% in 2024; the steepest drop was 1163.65% in 2024.
- A 5-year view of Tax Provisions shows it stood at $115.3 million in 2022, then tumbled by 31.87% to $78.5 million in 2023, then surged by 1211.53% to $1.0 billion in 2024, then tumbled by 68.13% to $328.3 million in 2025, then slumped by 115.69% to -$51.5 million in 2026.
- The last three Tax Provisions figures came in at -$51.5 million (Q1 2026), $328.3 million (Q4 2025), and -$101.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 372.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 105.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 254.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | -176.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 78.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -51.51 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 70.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 94.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 84.20 Mn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 63.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -51.51 Mn |
| Dec 31, 2025 | 328.26 Mn |
| Sep 30, 2025 | -101.71 Mn |
| Jun 30, 2025 | -107.54 Mn |
| Mar 31, 2025 | -28.40 Mn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 565.58 Mn |
| Jun 30, 2024 | -371.53 Mn |
| Mar 31, 2024 | 119.50 Mn |
| Dec 31, 2023 | 78.54 Mn |
| Sep 30, 2023 | -34.83 Mn |
| Jun 30, 2023 | -29.40 Mn |
| Mar 31, 2023 | 16.10 Mn |
| Dec 31, 2022 | 115.29 Mn |
| Sep 30, 2022 | 234.93 Mn |
| Jun 30, 2022 | 10.67 Mn |
| Mar 31, 2022 | 75.20 Mn |
| Dec 31, 2021 | 6.86 Mn |
| Sep 30, 2021 | 108.49 Mn |
| Jun 30, 2021 | -13.25 Mn |