Whatco

Philips

Health technology · Netherlands

Royal Philips makes health technology: imaging and image-guided therapy systems, patient monitoring and informatics, sleep and respiratory care, and personal health products such as electric toothbrushes and shavers.

What makes it different

Three quarters of sales now come from hospital technology.

76.3%Hospital technology share of salesFY2025

Diagnosis & Treatment and Connected Care, which sell imaging, monitoring and software to hospitals, outweigh the consumer products people know Philips for.

How big it is

How big is Philips?

€17.8BSalesFY2025
65,340Employees2025
2.0BLives improvedFY2025
How it makes money FY2025

Mostly hospital technology.

  • Diagnosis & Treatment48%€8.5B
  • Connected Care29%€5.1B
  • Personal Health21%€3.7B
  • Other3%€554M
How the business works

Sell the system, keep the service.

  1. 1AI-enabled care platforms
  2. 2Systems in hospitals
  3. 3Long-term service and software

About EUR 14.9 billion of contracted sales is still to be recognised, mostly long-term service and software contracts.

Who owns it
  • Exor N.V.18.7%
  • Artisan Investments GP LLC10.01%
  • BlackRock, Inc.4%

CEO: Roy Jakobs

Who it competes with
GGE HealthCareSSiemens HealthineersMMedtronicCanonProcter & Gamble
Key moments
  1. 1891Philips & Co. founded in Eindhoven
  2. 1914Philips NatLab research laboratory opens
  3. 1939Philishave rotary electric shaver
  4. 960sCompact cassette
  5. 980sCompact Disc
Sources

Every number on this page comes from Philips's own reports.

Full profile

The rest of the story is in the app.

What Philips tracks20 metrics
Lives improved per year
Employees
Operational carbon footprint
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from4 regions
North America
Growth geographies
Western Europe
The full timeline16 moments
2024
2025
2026
Philips vs Canonside by side
Revenue
Profit
People
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