Koninklijke Philips N.V. (BCBA:PHG)

Koninklijke Philips Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	17,855	18,021	18,169	17,827	17,156	17,313
Revenue Growth (YoY)	-1.53%	-0.81%	1.92%	3.91%	-0.91%	0.97%
Cost of Revenue	10,027	10,248	10,721	10,633	9,988	9,401
Gross Profit	7,828	7,773	7,448	7,194	7,168	7,912
Selling, General & Admin	5,058	5,088	5,153	5,302	4,865	4,564
Research & Development	1,763	1,747	1,890	2,091	1,806	1,691
Other Operating Expenses	-50	-1	-12	-12	-16	-28
Operating Expenses	6,771	6,834	7,031	7,381	6,655	6,227
Operating Income	1,057	939	417	-187	513	1,685
Interest Expense	-295	-317	-285	-234	-156	-169
Interest & Investment Income	92	82	48	28	20	16
Earnings From Equity Investments	-37	-124	-98	-2	-4	-9
Currency Exchange Gain (Loss)	-7	-7	-23	9	-	4
Other Non Operating Income (Expenses)	-4	-5	-7	-3	9	-10
EBT Excluding Unusual Items	806	568	52	-389	382	1,517
Impairment of Goodwill	-	-	-8	-1,357	-15	-144
Gain (Loss) on Sale of Investments	-16	-16	-26	9	95	129
Gain (Loss) on Sale of Assets	16	16	61	6	-57	2
Asset Writedown	-	-	-	-	-	-92
Legal Settlements	-2	-984	-606	-	17	-38
Other Unusual Items	-	-	-	-	87	-163
Pretax Income	804	122	-527	-1,731	509	1,211
Income Tax Expense	636	963	-73	-113	-103	212
Earnings From Continuing Operations	168	-841	-454	-1,618	612	999
Earnings From Discontinued Operations	-8	142	-10	13	2,711	196
Net Income to Company	160	-699	-464	-1,605	3,323	1,195
Minority Interest in Earnings	2	-3	-2	-3	-4	-8
Net Income	162	-702	-466	-1,608	3,319	1,187
Net Income to Common	162	-702	-466	-1,608	3,319	1,187
Net Income Growth	-	-	-	-	179.61%	1.71%
Shares Outstanding (Basic)	929	933	948	952	952	956
Shares Outstanding (Diluted)	934	933	948	952	957	966
Shares Change (YoY)	-1.66%	-1.57%	-0.37%	-0.55%	-0.90%	-1.52%
EPS (Basic)	0.17	-0.75	-0.49	-1.69	3.49	1.24
EPS (Diluted)	0.17	-0.75	-0.49	-1.69	3.47	1.23
EPS Growth	-	-	-	-	182.34%	2.96%
Free Cash Flow	822	1,239	1,914	-629	4,635	2,155
Free Cash Flow Per Share	0.88	1.33	2.02	-0.66	4.84	2.23
Dividend Per Share	0.850	0.850	-	-	0.807	0.807
Gross Margin	43.84%	43.13%	40.99%	40.36%	41.78%	45.70%
Operating Margin	5.92%	5.21%	2.30%	-1.05%	2.99%	9.73%
Profit Margin	0.91%	-3.90%	-2.56%	-9.02%	19.35%	6.86%
Free Cash Flow Margin	4.60%	6.88%	10.53%	-3.53%	27.02%	12.45%
EBITDA	1,617	1,594	1,127	887	1,464	2,752
EBITDA Margin	9.06%	8.85%	6.20%	4.98%	8.53%	15.90%
D&A For EBITDA	560	655	710	1,074	951	1,067
EBIT	1,057	939	417	-187	513	1,685
EBIT Margin	5.92%	5.21%	2.30%	-1.05%	2.99%	9.73%
Effective Tax Rate	79.10%	789.34%	-	-	-	17.51%
Advertising Expenses	-	791	700	739	752	696

Source: S&P Global Market Intelligence. Standard template. Financial Sources.