Philips (AMS: PHIA) announced a 3% year-over-year rise in quarterly sales, supported by higher demand for AI-enabled diagnostic imaging and monitoring systems. The Dutch health technology firm said revenue reached approximately €4.5 billion, with strong performance in its connected care and personal health units.
CEO Roy Jakobs credited ongoing investments in AI, automation, and digital workflows for improving efficiency and profitability. Philips has increasingly integrated machine learning into its imaging and hospital management platforms, helping healthcare providers enhance precision and reduce operational costs.
Despite lingering supply chain challenges and the lingering effects of a major ventilator recall, Philips reaffirmed its full-year outlook and said it expects moderate growth through 2026 as hospitals continue modernizing with data-driven solutions. Analysts view the results as a sign of stabilization after several years of restructuring and regulatory pressure.
