In 2022, Philips' net income amounted to a loss of 1.6 billion euros, by far the biggest loss in the provided time interval. In the following year, the company's loss amounted to 463 million euros. After spin-offs of other product segments, Koninklijke Philips N.V. today is a company focused on healthcare/medical technology.
Net income of Philips from 2009 to 2023
(in million euros)
In April 2011, Philips announced that they would transfer their Television business into a joint venture with TPV Technology. Television sales are no longer reported in the operational financials. The figure for 2010 has been restated accordingly.
In April 2017, Philips Lighting became a discontinued operation due to sell-downs by Philips, and would become a stand-alone company. The figures since 2015 have been restated accordingly.
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Philips. (February 20, 2024). Net income of Philips from 2009 to 2023 (in million euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/272109/philips-electronics-net-income-worldwide-since-2006/
Philips. "Net income of Philips from 2009 to 2023 (in million euros)." Chart. February 20, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/272109/philips-electronics-net-income-worldwide-since-2006/
Philips. (2024). Net income of Philips from 2009 to 2023 (in million euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/272109/philips-electronics-net-income-worldwide-since-2006/
Philips. "Net Income of Philips from 2009 to 2023 (in Million Euros)." Statista, Statista Inc., 20 Feb 2024, https://www.statista.com/statistics/272109/philips-electronics-net-income-worldwide-since-2006/
Philips, Net income of Philips from 2009 to 2023 (in million euros) Statista, https://www.statista.com/statistics/272109/philips-electronics-net-income-worldwide-since-2006/ (last visited November 21, 2024)
Net income of Philips from 2009 to 2023 (in million euros) [Graph], Philips, February 20, 2024. [Online]. Available: https://www.statista.com/statistics/272109/philips-electronics-net-income-worldwide-since-2006/
