Koninklijke Philips Research and Development Expenses 2010-2023 | PHG

Koninklijke Philips annual/quarterly research and development expenses history and growth rate from 2010 to 2023. 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, 2023 were $0.484B, a 14.47% decline year-over-year.
  • Koninklijke Philips research and development expenses for the twelve months ending September 30, 2023 were $2.083B, a 0.52% increase 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 $)
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 $19.511B $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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Boston Scientific (BSX) United States $101.215B 33.65
EssilorLuxottica (ESLOY) France $99.656B 0.00
Lonza Group Ag (LZAGY) Switzerland $42.872B 0.00
Haleon (HLN) United Kingdom $38.401B 30.04
ResMed (RMD) United States $27.097B 27.09
Terumo (TRUMY) Japan $25.416B 35.90
Zimmer Biomet Holdings (ZBH) United States $24.968B 16.07
Baxter (BAX) United States $20.831B 15.19
Insulet (PODD) United States $11.713B 61.50
Smith & Nephew SNATS (SNN) United Kingdom $10.842B 0.00
Demant (WILYY) Denmark $9.943B 0.00
Bio-Rad Laboratories (BIO) United States $8.136B 24.24
BellRing Brands (BRBR) United States $7.357B 39.56
Lantheus Holdings (LNTH) United States $4.415B 11.40
Haemonetics (HAE) United States $4.320B 22.10
Perrigo (PRGO) Ireland $4.132B 11.82
GN Store Nord (GNNDY) Denmark $3.937B 25.50
Prestige Consumer Healthcare (PBH) United States $3.536B 16.72
Envista Holdings (NVST) United States $3.475B 13.22
QuidelOrtho (QDEL) United States $2.702B 9.81
Neogen (NEOG) United States $2.666B 25.65
Green Thumb Industries (GTBIF) United States $2.566B 81.33
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TG Therapeutics (TGTX) United States $2.202B 712.50
Owens & Minor (OMI) United States $1.959B 18.80
Maravai LifeSciences Holdings (MRVI) United States $1.941B 0.00
Agios Pharmaceuticals (AGIO) United States $1.788B 0.00
Verano Holdings (VRNOF) United States $1.662B 0.00
National Vision Holdings (EYE) United States $1.475B 45.95
InMode (INMD) Israel $1.459B 7.55
LeMaitre Vascular (LMAT) United States $1.442B 47.58
Warby Parker (WRBY) United States $1.318B 0.00
AdaptHealth (AHCO) United States $1.304B 9.81
AtriCure (ATRC) United States $1.121B 0.00
MacroGenics (MGNX) United States $1.015B 0.00
Canopy Growth (CGC) Canada $0.905B 0.00
BioLife Solutions (BLFS) United States $0.771B 0.00
VAREX IMAGING (VREX) United States $0.701B 15.15
Cresco Labs (CRLBF) United States $0.695B 0.00
Evolus (EOLS) United States $0.678B 0.00
Quanterix (QTRX) United States $0.616B 0.00
Phibro Animal Health (PAHC) United States $0.551B 11.94
Jin Medical (ZJYL) China $0.543B 0.00
Valneva SE (VALN) France $0.539B 0.00
TerrAscend (TSNDF) Canada $0.492B 0.00
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ZimVie (ZIMV) United States $0.437B 26.75
OraSure Technologies (OSUR) United States $0.423B 7.00
Biote (BTMD) United States $0.415B 3.95
Aurora Cannabis (ACB) Canada $0.405B 0.00
Surmodics (SRDX) United States $0.383B 41.42
Zynex (ZYXI) United States $0.362B 41.70
Viemed Healthcare (VMD) United States $0.312B 31.00
Cerus (CERS) United States $0.305B 0.00
Sanara MedTech (SMTI) United States $0.281B 0.00
TriSalus Life Sciences (TLSI) United States $0.273B 0.00
Utah Medical Products (UTMD) United States $0.242B 14.78
Organigram Holdings (OGI) Canada $0.201B 0.00
Ayr Wellness (AYRWF) United States $0.191B 0.00
Veru (VERU) United States $0.187B 0.00
Omeros (OMER) United States $0.179B 0.00
High Tide (HITI) Canada $0.170B 0.00
Quipt Home Medical (QIPT) United States $0.164B 0.00
Capricor Therapeutics (CAPR) United States $0.152B 0.00
Jushi Holdings (JUSHF) United States $0.133B 0.00
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FitLife Brands (FTLF) United States $0.129B 20.70
InterCure (INCR) Israel $0.118B 20.00
Fonar (FONR) United States $0.101B 8.70
Cellectar Biosciences (CLRB) United States $0.100B 0.00
MariMed (MRMD) United States $0.096B 0.00
Oramed Pharmaceuticals (ORMP) United States $0.095B 0.00
Allurion Technologies (ALUR) United States $0.086B 0.00
Chimerix (CMRX) United States $0.083B 0.00
Brainsway (BWAY) Israel $0.082B 0.00
Safety Shot (SHOT) United States $0.080B 0.00
Eagle Pharmaceuticals (EGRX) United States $0.062B 4.04
Zevia PBC (ZVIA) United States $0.061B 0.00
Cytosorbents (CTSO) United States $0.048B 0.00
Apyx Medical (APYX) United States $0.046B 0.00
Rockwell Medical (RMTI) United States $0.045B 0.00
ImmuCell (ICCC) United States $0.039B 0.00
Bright Green (BGXX) United States $0.038B 0.00
United-Guardian (UG) United States $0.037B 14.54
Modular Medical (MODD) United States $0.034B 0.00
Exagen (XGN) United States $0.024B 0.00
Nephros (NEPH) United States $0.023B 0.00
GlucoTrack (GCTK) United States $0.020B 0.00
Agape ATP (ATPC) $0.019B 0.00
Flora Growth (FLGC) United States $0.019B 0.00
FSD PHARMA (HUGE) Canada $0.018B 0.00
Meihua Medical Technologies (MHUA) China $0.017B 0.00
Trinity Biotech (TRIB) Ireland $0.014B 0.00
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NeuroMetrix (NURO) United States $0.009B 0.00
IM Cannabis (IMCC) Canada $0.008B 0.00
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Sharps Technology (STSS) United States $0.005B 0.00
Senestech (SNES) United States $0.004B 0.00
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Lucy Scientific Discovery (LSDI) Canada $0.002B 0.00
Akanda (AKAN) United Kingdom $0.001B 0.00
Smart For Life (SMFL) United States $0.001B 0.00
Bruush Oral Care (BRSH) $0.000B 0.00
SNDL (SNDL) Canada $0.000B 0.00