Koninklijke Philips (PHG) Tax Provisions (2009 - 2026)
Koninklijke Philips (PHG) posted quarterly Tax Provisions of -$186.0 million for Q2 2026, down 34.67% year-over-year from -$284.7 million in Q2 2025, and down 261.03% quarter-over-quarter from -$51.5 million in Q1 2026.
Koninklijke Philips (PHG) Tax Provisions (2009 - 2026) Analysis & Trends
Koninklijke Philips' Tax Provisions history runs 18 years deep, the most recent figure standing at -$186.0 million for Q2 2026.
- In Q2 2026, Tax Provisions fell 34.67% year-over-year to -$186.0 million; the TTM figure through Jun 2026 stood at -$565.6 million (up 53.28% YoY), while the FY2025 annual figure was $328.3 million, down 68.1% from the prior year.
- Tax Provisions for Q2 2026 stood at -$186.0 million, down from -$51.5 million in the prior quarter.
- The five-year high for Tax Provisions was $234.9 million in Q3 2022, with the low at -$564.5 million in Q3 2024.
- The 5-year median for Tax Provisions is -$74.6 million (2023), against an average of -$107.1 million.
- Peak annual rise in Tax Provisions reached 720.24% in 2022, while the deepest fall reached 1883.69% in 2022.
- Koninklijke Philips' Tax Provisions stood at -$122.4 million in 2022, then soared by 216.0% to $142.0 million in 2023, then slumped by 437.83% to -$479.8 million in 2024, then soared by 82.29% to -$85.0 million in 2025, then sank by 118.86% to -$186.0 million in 2026.
- Business Quant data shows PHG's Tax Provisions at -$186.0 million in Q2 2026, -$51.5 million in Q1 2026, and -$85.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.70 Bn | 194.09 Bn | 7.27 Bn | 596.00 Mn |
| 2 | Stryker | 129.82 Bn | 126.34 Bn | 4.50 Bn | 288.00 Mn |
| 3 | Medtronic | 120.34 Bn | 111.12 Bn | 6.41 Bn | 575.00 Mn |
| 4 | Boston Scientific | 74.41 Bn | 73.88 Bn | 3.85 Bn | 155.00 Mn |
| 5 | Edwards Lifesciences | 52.56 Bn | 48.31 Bn | 1.35 Bn | 278.40 Mn |
| 6 | Dexcom | 34.76 Bn | 32.82 Bn | 830.00 Mn | 68.40 Mn |
| 7 | GE HealthCare Technologies | 33.84 Bn | 31.73 Bn | 2.18 Bn | 119.00 Mn |
| 8 | Koninklijke Philips | 26.44 Bn | 23.12 Bn | 4.55 Bn | -185.98 Mn |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 72.50 Mn |
| 10 | Zimmer Biomet Holdings | 19.42 Bn | 19.01 Bn | 1.54 Bn | 55.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -185.98 Mn |
| Mar 31, 2026 | -51.51 Mn |
| Dec 31, 2025 | -84.98 Mn |
| Sep 30, 2025 | -243.16 Mn |
| Jun 30, 2025 | -138.10 Mn |
| Mar 31, 2025 | -28.40 Mn |
| Dec 31, 2024 | -479.80 Mn |
| Sep 30, 2024 | -564.48 Mn |
| Jun 30, 2024 | -371.53 Mn |
| Mar 31, 2024 | -114.07 Mn |
| Dec 31, 2023 | 142.02 Mn |
| Sep 30, 2023 | -64.23 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 | 82.16 Mn |
| Mar 31, 2022 | 75.20 Mn |
| Dec 31, 2021 | 6.86 Mn |
| Sep 30, 2021 | 108.49 Mn |