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
DateValue
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