EURONEXT-AMS$PHG
Koninklijke Philips N.V. · Q2 2025 earnings
Q2 2025 earnings · · Investor relations
Briefing
Philips reported modest sales growth and margin expansion in Q2 2025.
Philips achieved 1% sales growth and improved profitability in Q2 2025, driven by strong order intake and AI-powered innovations. The company raised its full-year margin and cash flow outlook while maintaining sales growth guidance.
- Revenue grew 1% year-over-year to €4.3 billion.
- Net income reached €400 million, reflecting strong operational performance.
- Free cash flow increased to €230 million, driven by productivity initiatives.
- Order intake rose 6%, fueled by innovation and stronger fundamentals.
Headline financials
Revenue & EPS history
Philips · Revenue · Quarterly
$5.04B
Revenue by segment
Philips · $4.16B total across 3 segments · Q3 2025
- Diagnosis & Treatment$2.08B—50.0%
- Connected Care$1.2B—28.8%
- Personal Health$883M—21.2%
Forward guidance
Philips raised its full-year adjusted EBITA margin and free cash flow outlook while maintaining comparable sales growth expectations.
Tailwinds
- Adjusted EBITA margin outlook increased to 11.3%-11.8%.
- Tariff impact significantly mitigated to €150-200 million from prior estimate.
- Free cash flow outlook raised to €0.2B–€0.4B.
- Strong order intake supports continued sales momentum.
- Ongoing productivity improvements are tracking ahead of targets.
Headwinds
- Q3 2025 EBITA margin expected to be lower than 2024 due to tariff phasing.
- Connected Care and Diagnosis & Treatment segments saw a 1% sales decline.
- China impacted Personal Health sales despite overall growth.
- No disclosure of non-GAAP EPS limits earnings clarity.
- Tariff environment remains dynamic and uncertain.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2025
+0.5%
Avg return
Earnings day
-0.4%
Avg return
5 days after
-0.4%
Avg return
30 days after
58%
36 / 62 earnings
Positive
+26.0%
Q1 2024
Best reaction
-15.3%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.8% | -19.7% | -16.1% | |
| Q4 2025 | +11.1% | +5.5% | -4.6% | |
| Q3 2025 | +3.4% | +3.5% | -2.0% | |
| Q2 2025 | +7.2% | +3.1% | +7.5% | |
| Q4 2024 | -11.6% | -8.2% | -10.0% | |
| Q3 2024 | -15.3% | -16.4% | -14.3% | |
| Q1 2024 | +26.0% | +27.3% | +29.3% | |
| Q3 2023 | +3.1% | +1.4% | +16.1% | |
| Q2 2023 | -6.8% | -9.4% | -3.7% | |
| Q1 2023 | +10.2% | +11.0% | +2.4% | |
| Q4 2022 | +0.8% | +4.2% | -5.2% | |
| Q3 2022 | -0.6% | -3.3% | +9.3% | |
| Q2 2022 | -3.5% | -6.3% | -19.8% | |
| Q1 2022 | -14.3% | -15.0% | -18.4% | |
| Q4 2021 | +0.1% | -1.5% | +3.0% | |
| Q3 2021 | +0.8% | +7.9% | -7.3% | |
| Q2 2021 | -5.1% | -4.0% | -6.0% | |
| Q1 2021 | -6.3% | -7.3% | -6.4% | |
| Q4 2020 | +4.2% | -2.3% | +1.4% | |
| Q3 2020 | +4.8% | +2.6% | +6.2% | |
| Q2 2020 | +4.4% | +4.0% | +3.8% | |
| Q1 2020 | +2.0% | +5.1% | +9.8% | |
| Q4 2019 | -2.9% | -0.7% | +10.5% | |
| Q3 2019 | -2.5% | -7.5% | -14.8% | |
| Q2 2019 | +8.7% | -0.3% | -4.3% | |
| Q1 2019 | +6.1% | +3.0% | +10.0% | |
| Q4 2018 | +3.5% | -1.3% | -0.4% | |
| Q3 2018 | -9.0% | -9.1% | -7.3% | |
| Q2 2018 | -0.5% | +3.2% | +1.6% | |
| Q1 2018 | +4.0% | +5.3% | +4.1% | |
| Q4 2017 | -2.5% | -5.4% | -9.2% | |
| Q3 2017 | -3.4% | -2.1% | -5.7% | |
| Q2 2017 | +5.3% | +5.1% | +4.9% | |
| Q1 2017 | +6.2% | +5.4% | +8.5% | |
| Q4 2016 | -1.1% | -1.4% | -1.4% | |
| Q3 2016 | +4.2% | +6.2% | +3.7% | |
| Q2 2016 | +2.4% | +1.8% | +11.3% | |
| Q1 2016 | -2.2% | — | — | |
| Q4 2015 | +6.2% | — | — | |
| Q3 2015 | +0.5% | — | — | |
| Q2 2015 | +5.1% | — | — | |
| Q1 2015 | -3.8% | — | — | |
| Q4 2014 | -7.6% | — | — | |
| Q3 2014 | -1.6% | — | — | |
| Q2 2014 | +4.1% | — | — | |
| Q1 2014 | -6.5% | — | — | |
| Q4 2013 | -2.7% | — | — | |
| Q3 2013 | +6.2% | — | — | |
| Q2 2013 | +1.6% | — | — | |
| Q1 2013 | -0.5% | — | — | |
| Q4 2012 | -3.3% | — | — | |
| Q3 2012 | +0.3% | — | — | |
| Q2 2012 | +1.2% | — | — | |
| Q1 2012 | -1.0% | — | — | |
| Q4 2011 | +0.1% | — | — | |
| Q3 2011 | -9.6% | — | — | |
| Q2 2011 | +4.7% | — | — | |
| Q1 2011 | +1.2% | — | — | |
| Q4 2010 | -0.9% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q2 2010 | +0.5% | — | — | |
| Q1 2010 | +2.7% | — | — |
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