Philips Company & Revenue

Main Category
Main Country Selling to
Biggest Competitor
markselectrical.co.uk

Revenue (GMV)

US$506m
2024

Global Rank

504
2024

Conversion Rate

2.0-2.5%
2024

Average Order Value

2024

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Revenue Development
Country & Category Splits
Company Financials
Transaction KPIs

The values shown here refer to the retailer's largest online store. Aggregated total figures and values for other stores can be found in our tool.

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Philips Revenue & Turnover

Philips Annual Revenue & Growth by Year

Philips's annual sales amounted to US$506m in 2024. This represents a change of <0% from the previous year. Philips is expected to see a growth rate of 0-5% in 2025 compared to 2024, indicating a projected shift in performance.

Annual Revenue (GMV)

US$506m
2024

Annual Growth Forecast

0-5%
24/25

E-Commerce Revenue (GMV in Million US$)

2022
2023
506
2024
2025
2026

Note: This chart is based on the GMV of the retailer. Click here to learn more about our methodology and the available drilldown at ECDB.

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Philips Monthly Sales & Revenue Development

Retailers follow monthly revenue patterns, which depend on annual events, consumer habits, and economic conditions. In the case of Philips, revenues in December of 2025 were US$50m. This marks a change in monthly revenues of <0% from November.

Revenue Current Month (GMV)

US$50m
12/25

Growth from Previous Month

<0%
11/25-12/25

Monthly E-Commerce Revenue (GMV in Million US$)

08-2025
09-2025
10-2025
11-2025
US$50m
12-2025

Note: This chart is based on the GMV of the retailer. Click here to learn more about our methodology and the available drilldown at ECDB.

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Philips Sales by Country & Market Shares

Philips's main market is the United Kingdom, where the retailer generated 16% of revenues in 2024. Philips engages in markets that support its strategic objectives, whether through domestic focus or cross-border expansion.

Market Shares by Country

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Philips Revenue Split by Product Categories

Philips sales by product category provide a deeper look into its income structure. Philips's most significant category is Electronics, which accounts for 80% of total sales in 2024. The analysis of sales by category provides a clearer picture of how different segments contribute to overall performance.

Revenue Breakdown by Category

2024

Electronics (80%)

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Philips Customer Demographics and Shopper Insights

7% of the customers of philips.co.uk, the largest store of Philips, are in the 18–24 years age group, contributing to the retailer’s overall customer demographics. The remaining shoppers are distributed across the other age groups. At the same time, 33% of the customers of philips.co.uk are in the low income group, adding further detail to these customer demographics and providing customer insights into different audience segments.

Revenue Breakdown by Customer Age Groups

2024

18-24 (7.0%)

Revenue Breakdown by Customer Income Groups

2024

Low (33.0%)

Philips Marketplace Sales: 1st & 3rd Party GMV

1P vs 3P Revenue/Sales

Philips's marketplace sales are illustrated by its GMV development. A distinction is made between 1P (first-party) and 3P (third-party) sales, where Philips either acts as the seller (1P) or distributes products from other sellers (3P). In 2024, Philips's' 1P sales contributed 100% to total GMV, while the 3P GMV accounted for 0%.

3P Share

0%
2024

3P Share Forecast

2025

1P/3P Revenue/Sales Split

2021
2022
2023
100%0%
2024
2025
1P Activity
3P Activity

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Philips Top Stores

Philips's flagship domain philips.co.uk generated revenues of US$82m in 2024. Forecasts expect a revenue change of 5-10% in the coming year.

Top Online Stores by GMV (in Million US$)

# 1
philips.co.uk
Philips UK, Ltd.
2021

2022

2023

2024

2025

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Note: This ranking is based on GMV. Click here to learn more about our methodology and the drilldown available at ECDB.

Philips Transaction KPIs: Conversion Rate, Average Order Value

Analyzing transactions on Philips reveals key metrics like conversion rate, average order value, discount rate, and return rate. The store's conversion rate reached 2.0-2.5% in 2024, offering insight into user behavior.

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2.0-2.5%
2024

Average Order Value

2024

Return Rate

2024

Discount Rate

2024

Philips Payment, Shipping and Shop Software Provider Landscape

Payment and shipping options have a major impact on customer satisfaction. In the case of Philips, the payment providers Mastercard (Cards), VISA (Cards) and Maestro (Direct debits) are available. Shipping providers, on the other hand, vary significantly depending on the market. Overall, Philips offers DHL and UPS (United Parcel Service).

Payment Provider

Mastercard (Cards)

Shipping Provider

DHL

Shop Software

Klarna Logo
American Express Logo
UPS Logo
Shopify Logo

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