How did Philips' revenue and expenses shift in Q4 2024 compared to previous quarters?
5/8/2025 11:13pm
Philips' revenue and expenses in Q4 2024 showed a notable increase in revenue compared to the previous quarter, reflecting a strong financial performance in the period.
1. **Revenue Shift**:
- In Q4 2024, Philips reported a total revenue of $5.22 billion.
- This is a significant increase from the previous quarter, Q3 2024, where the revenue was $4.88 billion.
- The revenue growth indicates a strong performance in the final quarter of the year, potentially due to increased sales or market expansion.
|code|Ticker|Name|Date|Total Expenses YoY|Total Revenue YoY|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|---|---|
|PHG|PHG.N|Koninklijke Philips|2024 Q1||-1.435792421374502|4.4653158E9||169|
|PHG|PHG.N|Koninklijke Philips|2024 Q2||-2.089464972015308|4.7792482E9||169|
|PHG|PHG.N|Koninklijke Philips|2024 Q3||3.086576836057617|4.8781665E9||169|
|PHG|PHG.N|Koninklijke Philips|2024 Q4||-6.760144556442439|5.2210444E9||169|
2. **Expense Shift**:
- The total expenses for Q4 2024 are not provided, which makes it difficult to analyze the expense side of the financial statement.
- However, the absence of total expenses in the report suggests that Philips may have had a different reporting structure or presentation in Q4 2024 compared to the previous quarters.
3. **Comparison with Other Quarters**:
- Philips' revenue in Q2 2024 was $4.78 billion, and in Q1 2024, it was $4.47 billion.
- The revenue in Q4 2024 is higher than in Q2 and Q1, indicating a seasonal increase or a strong performance in the fourth quarter.
|code|Ticker|Name|Date|Total Expenses YoY|Total Revenue YoY|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|---|---|
|PHG|PHG.N|Koninklijke Philips|2023 Q3||12.22902174400263|4.7321064E9||169|
|PHG|PHG.N|Koninklijke Philips|2023 Q4||-3.4630245251769534|5.5995844E9||169|
|PHG|PHG.N|Koninklijke Philips|2024 Q1||-1.435792421374502|4.4653158E9||169|
|PHG|PHG.N|Koninklijke Philips|2024 Q2||-2.089464972015308|4.7792482E9||169|
|code|Ticker|Name|Date|Total Expenses YoY|Total Revenue YoY|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|---|---|
|PHG|PHG.N|Koninklijke Philips|2023 Q2||11.624746709924597|4.88124E9||169|
|PHG|PHG.N|Koninklijke Philips|2023 Q3||12.22902174400263|4.7321064E9||169|
|PHG|PHG.N|Koninklijke Philips|2023 Q4||-3.4630245251769534|5.5995844E9||169|
|PHG|PHG.N|Koninklijke Philips|2024 Q1||-1.435792421374502|4.4653158E9||169|
In conclusion, Philips' revenue in Q4 2024 showed a substantial increase compared to the previous quarter, suggesting a strong financial performance and potentially a positive market response. The absence of expense data prevents a comprehensive analysis of the company's financial health in that quarter, but the revenue figures alone indicate a favorable outlook.