Signify

Signify

Global lighting company delivering connected illumination

Overview

Signify uses lighting as an interconnected system for homes, businesses, and cities, with products like Hue, WiZ, professional fixtures, and horticultural lighting. Its systems run on IoT-enabled devices and software that control, monitor, and automate lighting via apps, hubs, and building-management integrations. The company distinguishes itself through a long history, a large consumer and professional ecosystem, and a broad product range from street lighting to indoor and agricultural lighting, plus growth through strategic acquisitions. Its goal is to unlock the potential of light to improve everyday life and support sustainability at scale.

About Signify

Simplify's Rating
Why Signify is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Hardware

Industrial & Manufacturing

Energy

Consumer Goods

Company Size

10,001+

Company Stage

IPO

Headquarters

Eindhoven, Netherlands

Founded

2016

People at Signify

People at Signify who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Sports Live rollout in May 2026 aligns with Championship 2026, driving premium engagement and revenue in entertainment lighting.
  • Concurrent Zigbee and Matter support in Hue bulbs enhances smart home flexibility, expanding market share and ecosystem adoption.
  • Emerging markets like China and India show growth, offsetting Western sales declines and strengthening global consumer segment resilience.

What critics are saying

  • Rising 5.1% Q1 2026 sales decline may accelerate to 10%+ by Q3 due to Xiaomi and Mijia undercutting Philips Hue in emerging markets.
  • Sports Live adoption could fail if UEFA/FIFA licensing restrictions block real-time data use, missing revenue targets and brand relevance.
  • Matter/Zigbee concurrency delay until late 2026 leaves Signify vulnerable to Nanoleaf and Lutron launching earlier multi-protocol bulbs, eroding loyalty.

What makes Signify unique

  • Signify leads global lighting by rebranding from Philips Lighting in 2018 to focus on IoT-connected intelligent light.
  • Leading the market with Philips Hue, WiZ, and Cooper Lighting Solutions spanning smart, professional, and conventional segments.
  • Pioneering innovations like concurrent Matter and Zigbee support in Hue bulbs plus Sports Live syncing light to live match events.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$564M

Above

Industry Average

Funded Over

1 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Professional Development Budget

Employee Discounts

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
Yahoo Finance
Mar 2nd, 2026
Signify repurchases 127K shares for $2.8M in share buyback programme

Signify, the world leader in lighting, repurchased 126,776 shares between 23 and 27 February 2026 at an average price of €20.11 per share, totalling €2.5 million. The buyback forms part of a programme announced on 13 February 2026. The company will use the shares to cover obligations from its long-term incentive performance share plan and other employee share schemes. To date, Signify has repurchased 266,276 shares under this programme for a total consideration of €5.3 million. Signify, listed on Euronext as LIGHT, reported sales of €5.8 billion in 2025 and employs approximately 27,000 people across over 70 markets.

Global Sports Innovation Center (GSIC)
Nov 22nd, 2024
GSIC powered by Microsoft Partners with Signify to Drive Innovation in Sports Lighting Technology

The partnership will leverage the strengths of both GSIC and Signify to explore new possibilities and develop innovative solutions that can enhance the sports experience.

General
Sep 28th, 2024
Signify Onboards the Cricket Legend Rahul Dravid as their Brand Ambassador, a Partnership Steeped in Legacy and Innovation

Taking a step ahead, we are thrilled to have Rahul Dravid join the Signify family as the face of our brand.

Eindhoven News
Aug 7th, 2024
Signify teams up with Mercedes Formula 1

Eindhoven-based lighting company Signify will be working with the Mercedes Formula 1 team until the end of 2026.

Canadian Association of Women in Construction
Jul 19th, 2024
Jody Sikham appointed marketing communications leader for Genlyte Solutions

July 19, 2024 - Jody Sikham has been appointed marketing communications leader for Genlyte Solutions (a Signify business) for Canada and the United States.

Recently Posted Jobs

Sign up to get curated job recommendations

Signify is Hiring for 32 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →