Philips $PHG reported second-quarter 2026 revenue of $5.0 billion, down 2.7% from a year earlier, but profitability improved meaningfully across the business.
Gross profit rose to $2.2 billion, while operating profit climbed 47.4% to $695.0 million. Net income attributable to common shareholders increased 54.9% to $438.3 million, and diluted earnings per share jumped 84.0% to $0.46.
Cash generation remained positive, with operating cash flow of $429.1 million. The company also reduced spending on property, plant and equipment, with capital expenditures falling sharply year over year.
- Revenue: $5.0 billion
- Gross profit: $2.2 billion
- Operating profit: $695.0 million
- Net income: $438.3 million
- Diluted EPS: $0.46
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Koninklijke Philips N.V. Hedge Fund Activity
We have seen 217 institutional investors add shares of Koninklijke Philips N.V. stock to their portfolio, and 94 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FIDUCIARY MANAGEMENT INC /WI/ removed 1,566,209 shares (-23.9%) from their portfolio in Q1 2026, for an estimated $42,914,126
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 835,149 shares (+587.8%) to their portfolio in Q1 2026, for an estimated $22,883,082
- MILLENNIUM MANAGEMENT LLC added 540,297 shares (+4548.3%) to their portfolio in Q1 2026, for an estimated $14,804,137
- MARSHALL WACE, LLP added 504,243 shares (+376.3%) to their portfolio in Q1 2026, for an estimated $13,816,258
- UBS GROUP AG added 356,814 shares (+201.6%) to their portfolio in Q1 2026, for an estimated $9,776,703
- TIDAL INVESTMENTS LLC added 337,769 shares (+inf%) to their portfolio in Q1 2026, for an estimated $9,254,870
- SKBA CAPITAL MANAGEMENT LLC removed 266,932 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $7,313,936
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Koninklijke Philips N.V. Government Contracts
We have seen $2,657,333 of award payments to $PHG over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- 25-009009 DEPARTMENT OF RADIOLOGY AND IMAGING SCIENCES PACS AND RIS SYSTEMS POP 09/30/2025 TO 09/29/2026: $445,874
- CPACS UPGRADE: $313,873
- CHESAPEAKE, VA PACS: $131,632
- HOSPITAL CT IMAGING PHILIPS TUBE AND REPAIR: $76,099
- CARDIAC LASER SYSTEM SERVICES: $52,480
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
