Koninklijke Philips (PHG) Tax Provisions (2009 - 2026)
Koninklijke Philips' (PHG) quarterly Tax Provisions came in at -$51.5 million in Q1 2026, down 81.38% year-on-year from -$276.6 million in Q1 2025, and up 84.31% quarter-over-quarter from -$328.3 million in Q4 2025.
Koninklijke Philips (PHG) Tax Provisions (2009 - 2026) Analysis & Trends
Koninklijke Philips' Tax Provisions history runs 18 years deep, the most recent figure standing at -$51.5 million for Q1 2026.
- On a quarterly basis, Tax Provisions fell 81.38% year-over-year to -$51.5 million in Q1 2026; TTM through Mar 2026 was -$730.5 million, a 54.7% increase from a year earlier, with the FY2025 full-year figure at $328.3 million, down 68.1% from the prior year.
- Tax Provisions advanced to -$51.5 million in Q1 2026 per PHG's latest filing, from -$328.3 million in the prior quarter.
- Across five years, Tax Provisions topped out at $234.9 million in Q3 2022 and bottomed at -$1.0 billion in Q4 2024.
- The 5-year median for Tax Provisions is -$51.5 million (2026), against an average of -$127.3 million.
- Biggest YoY gain for Tax Provisions was 289.62% in 2022; the steepest drop was 1883.69% in 2022.
- Year by year, Tax Provisions stood at -$122.4 million in 2022, then jumped by 216.0% to $142.0 million in 2023, then plunged by 824.57% to -$1.0 billion in 2024, then soared by 68.1% to -$328.3 million in 2025, then soared by 84.31% to -$51.5 million in 2026.
- Per Business Quant, the three latest PHG Tax Provisions figures stand at -$51.5 million (Q1 2026), -$328.3 million (Q4 2025), and -$243.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 372.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 105.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 575.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -176.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 78.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 70.00 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -51.51 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 94.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 84.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -51.51 Mn |
| Dec 31, 2025 | -328.26 Mn |
| Sep 30, 2025 | -243.16 Mn |
| Jun 30, 2025 | -107.54 Mn |
| Mar 31, 2025 | -28.40 Mn |
| Dec 31, 2024 | -1.03 Bn |
| Sep 30, 2024 | -71.38 Mn |
| Jun 30, 2024 | -483.52 Mn |
| Mar 31, 2024 | -114.07 Mn |
| Dec 31, 2023 | 142.02 Mn |
| Sep 30, 2023 | -34.83 Mn |
| Jun 30, 2023 | -29.40 Mn |
| Mar 31, 2023 | 16.10 Mn |
| Dec 31, 2022 | -122.43 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 | 6.02 Mn |