Koninklijke Philips (PHG) Tax Provisions (2009 - 2026)
Koninklijke Philips' quarterly Tax Provisions came in at -$51.5 million in Q1 2026, down 281.38% year-on-year from $28.4 million in Q1 2025, and up 84.31% quarter-over-quarter from -$328.3 million in Q4 2025.
Koninklijke Philips has reported Tax Provisions for 17 years, with the latest figure at -$51.5 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 281.38% year-over-year to -$51.5 million; the trailing twelve-month figure through Mar 2026 stood at -$244.1 million (down 299.28% YoY), and the FY2025 full-year result was $328.3 million, down 68.1% from the prior year.
- Tax Provisions for Q1 2026 stood at -$51.5 million, up from -$328.3 million in the prior quarter.
- The five-year high for Tax Provisions was $1.0 billion in Q4 2024, with the low at -$564.5 million in Q3 2024.
- Average Tax Provisions over 5 years is $6.1 million, with a median of $10.7 million recorded in 2022.
- Peak annual rise in Tax Provisions reached 1211.53% in 2024, while the deepest fall reached 778.89% in 2024.
- Tracing PHG's Tax Provisions over 5 years: stood at -$122.4 million in 2022, then soared by 164.15% to $78.5 million in 2023, then soared by 1211.53% to $1.0 billion in 2024, then slumped by 131.87% to -$328.3 million in 2025, then jumped by 84.31% 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 $243.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 372.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 105.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 254.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -176.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -51.51 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 70.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 94.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 84.20 Mn |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 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 | 243.16 Mn |
| Jun 30, 2025 | -107.54 Mn |
| Mar 31, 2025 | 28.40 Mn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | -564.48 Mn |
| Jun 30, 2024 | -371.53 Mn |
| Mar 31, 2024 | 119.50 Mn |
| Dec 31, 2023 | 78.54 Mn |
| Sep 30, 2023 | -64.23 Mn |
| Jun 30, 2023 | -45.73 Mn |
| Mar 31, 2023 | 16.10 Mn |
| Dec 31, 2022 | -122.43 Mn |
| Sep 30, 2022 | 157.29 Mn |
| Jun 30, 2022 | 10.67 Mn |
| Mar 31, 2022 | 75.20 Mn |
| Dec 31, 2021 | 117.83 Mn |
| Sep 30, 2021 | 108.49 Mn |
| Jun 30, 2021 | -13.25 Mn |
| Mar 31, 2021 | 19.30 Mn |
| Dec 31, 2020 | -150.23 Mn |
| Sep 30, 2020 | -100.45 Mn |
| Jun 30, 2020 | -33.04 Mn |
| Mar 31, 2020 | 33.12 Mn |
| Dec 31, 2019 | -373.02 Mn |
| Sep 30, 2019 | -239.24 Mn |
| Jun 30, 2019 | -83.15 Mn |
| Mar 31, 2019 | -75.02 Mn |
| Dec 31, 2018 | -220.29 Mn |
| Sep 30, 2018 | -238.44 Mn |
| Jun 30, 2018 | -75.19 Mn |
| Mar 31, 2018 | -34.40 Mn |
| Dec 31, 2017 | -410.92 Mn |
| Sep 30, 2017 | -131.61 Mn |
| Jun 30, 2017 | -117.65 Mn |
| Mar 31, 2017 | -67.12 Mn |
| Jun 30, 2015 | -87.31 Mn |
| Mar 31, 2015 | 35.02 Mn |
| Dec 31, 2014 | -32.50 Mn |
| Jun 30, 2013 | 248.09 Mn |
| Mar 31, 2013 | -91.10 Mn |
| Dec 31, 2012 | -239.93 Mn |
| Sep 30, 2012 | -197.60 Mn |
| Jun 30, 2012 | -155.48 Mn |
| Mar 31, 2012 | -81.30 Mn |
| Dec 31, 2011 | -381.40 Mn |
| Sep 30, 2011 | -288.59 Mn |
| Jun 30, 2011 | -201.39 Mn |
| Mar 31, 2011 | -127.18 Mn |
| Dec 31, 2010 | -308.26 Mn |
| Sep 30, 2010 | -81.35 Mn |
| Jun 30, 2010 | -108.36 Mn |
| Dec 31, 2009 | -147.67 Mn |