Quarterly results

Q2 2026

Read Q2 2026 report

Philips delivers solid comparable sales growth and margin in Q2; reiterates full year comparable sales growth outlook; Adjusted EBITA and free cash flow outlook increased to reflect US tariff refund

Q2 2026 at a glance

Key figures

Sales
4.4 billion EUR
Sales

Group sales in Q2 2026 amounted to EUR 4.4 billion.

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Comparable sales growth
4%
Comparable sales growth

Comparable sales increased by 4%, driven by growth across all segments.

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Adjusted EBITA margin
16%
Adjusted EBITA margin

Adjusted EBITA was EUR 717 million and the margin improved to 16.4%.

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Lives improved
2 billion
Lives improved

In Q2 2026, we improved the lives of 2 billion people.

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Full value chain carbon emissions
887 kilotonnes CO₂-e
Full value chain carbon emissions

Our full value chain emissions measure our climate impact across our scope 1, 2 and material scope 3 emission categories.

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Employees
~64,000
Employees

The total number of Philips employees (in full-time equivalents, excluding third-party workers) was 63,670 at the end of Q2 2026.

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Customer and innovation highlights

The innovation that Philips brings to healthcare – often as part of long-term partnerships – is critical, making care delivery more convenient and sustainable.

A breakthrough in coronary imaging technology

Philips launched SmartIQ for its Azurion image-guided therapy platform, addressing the trade-off between image quality and radiation dose in coronary procedures. The technology enables an ultra-low dose protocol, using over 50% less X-ray radiation than current low-dose settings, supported by the first published clinical evidence.

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Building resilience with innovative solutions

Philips partnered with healthcare providers across Poland to modernize more than 200 hospitals through over 300 healthcare technology projects under the country’s National Recovery and Resilience Plan. The large-scale deployment of imaging, image-guided therapy and patient monitoring solutions expands access to high-quality care nationwide.

Standing out for grooming and oral healthcare

Philips strengthened its Personal Health innovation leadership with recognition from the Good Housekeeping 2026 Beauty Awards for the Lumea IPL 9000 and Sonicare 6400, and launched the new Philips S800 Compact Shaver in China.

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Improving healthcare access in a sustainable way

Philips Foundation has sharpened its approach to catalytic philanthropy, making progress toward its ambition of reaching 100 million people annually by 2030. Its recently released annual report highlights its work to scale proven healthcare models.

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Our Impact Ambitions

Driving equitable and sustainable healthcare

At Philips, we are partnering with our stakeholders to drive environmental, social and governance priorities and make a global impact.

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Downloads

Q2 results

Q2 2026 report
2 MB
Q2 2026 results presentation
1 MB
Q2 2026 webcast
Q2 2026 webcast transcript
200 KB