Koninklijke Philips Research and Development Expenses 2010-2024 | PHG

Koninklijke Philips annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Koninklijke Philips research and development expenses for the quarter ending September 30, 2024 were $0.476B, a 15.99% decline year-over-year.
  • Koninklijke Philips research and development expenses for the twelve months ending September 30, 2024 were $1.927B, a 10.58% decline year-over-year.
  • Koninklijke Philips annual research and development expenses for 2023 were $2.046B, a 7.68% decline from 2022.
  • Koninklijke Philips annual research and development expenses for 2022 were $2.216B, a 3.7% increase from 2021.
  • Koninklijke Philips annual research and development expenses for 2021 were $2.137B, a 2.32% decline from 2020.
Koninklijke Philips Annual Research and Development Expenses
(Millions of US $)
2023 $2,046
2022 $2,216
2021 $2,137
2020 $2,188
2019 $2,110
2018 $2,077
2017 $1,994
2016 $2,236
2015 $2,140
2014 $2,173
2013 $2,302
2012 $2,328
2011 $2,242
2010 $2,093
2009 $2,275
Koninklijke Philips Quarterly Research and Development Expenses
(Millions of US $)
2024-09-30 $476
2024-06-30 $457
2023-09-30 $484
2023-06-30 $510
2023-03-31 $567
2022-06-30 $521
2021-06-30 $566
2020-06-30 $501
2019-06-30 $498
2018-06-30 $507
2017-06-30 $463
2016-12-31 $579
2016-09-30 $573
2016-06-30 $566
2016-03-31 $519
2015-12-31 $589
2015-09-30 $524
2015-06-30 $534
2015-03-31 $492
2014-12-31 $485
2014-09-30 $528
2014-06-30 $584
2014-03-31 $576
2013-12-31 $620
2013-09-30 $579
2013-06-30 $543
2013-03-31 $560
2012-12-31 $634
2012-09-30 $552
2012-06-30 $562
2012-03-31 $581
2011-12-31 $609
2011-09-30 $551
2011-06-30 $548
2011-03-31 $535
2010-12-31 $560
2010-09-30 $506
2010-06-30 $508
2010-03-31 $520
2009-12-31 $643
2009-09-30 $532
2009-06-30 $571
2009-03-31 $530
Sector Industry Market Cap Revenue
Medical Medical Products Manufacturing $25.012B $19.663B
Koninklijke Philips N.V. is the parent company of the Philips Group. The company realigned its three reporting operations into Diagnosis & Treatment businesses consists of Diagnostic Imaging, Ultrasound, Image-Guided Therapy and Enterprise Diagnostic Informatics businesses. Connected Care business comprises the Monitoring & Analytics, Therapeutic Care, Population Health Management, Sleep & Respiratory Care and Connected Care Informatics businesses. Personal Health business consists of the Oral Healthcare, Mother & Child Care and Personal Care. Other consists of Innovation, Emerging Businesses, IP Royalties, Central costs and Other. Notably, Philips completed the divestiture of Domestic Appliances business.
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