More culturally than genetically. Filipinos are Austronesian in ancestry 90+% of the time. There are some Filipinos who may have Spanish/Mexican admixture, but they're a small minority. There are also mixed race Filipinos with white or black American fathers or fathers from different countries around the world, mainly in Europe or countries like Australia, Canada, etc. But again, that's a minority.
There are Chinese Filipinos (who make up a lot of the wealthy population, similar to Thailand, although the Chinese population is smaller in the Philippines). Filipino Muslims in the south may have some Arab admixture. The indigenous population are Negritos who are pygmy peoples (who resemble African pygmies, but are not actually related to them), but they are a small minority. There are some Filipinos who have Polynesian admixture as well. But by and large, Filipinos are Austronesian people, genetically similar to Austronesians in Indonesia and Malaysia.